Nasal Splints Market Size To Reach $2.10 Billion By 2030

Nasal Splints Market Growth & Trends

The global nasal splints market size is expected to reach USD 2.10 billion by 2030 and is projected to grow at a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow significantly due to increased rhinoplasty surgeries, a growing number of accidents, and nose deformities. Nasal splints are used post-surgery to protect the nose in the healing process and maintain the given shape.

In addition, incidents of road accidents can result in injuries to the head and neck, leading to facial trauma that may also affect the nose. Furthermore, the growing number of sports injuries is playing a significant role in boosting the market demand for nasal splints. According to the Medscape article published in November 2021, around 11 to 40% of sports injuries involve face and nose fractures and is one of the most common facial traumas in sports injuries. These accidents generally require surgeries, post which nasal splints are used to help the nose heal and retain its shape. As a result, the increasing incidence of road and sports accidents is a major factor driving the market growth.

The increasing popularity of rhinoplasty, particularly among men, is a substantial driver for the global market. According to the 2022 ASPS Procedural Statistics Release, in the U.S., the prevalence of rhinoplasty in men has increased by 6% in 2022 as compared to 2019. It is one of the top five cosmetic procedures preferred by men. Furthermore, according to the Patient  Claim Lime.com survey insights published in August 2022, in the UK 22% of male respondents would prefer a facial cosmetic surgery, comparatively only 19% of female respondents would choose to get a facial cosmetic surgery. In addition, 26% of the respondents would consider getting nose surgery. Hence, the increasing popularity of cosmetic facial surgery is expected to boost the market growth..

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Nasal Splints Market Report Highlights

• Based on type, the malleable nasal splints segment led the market with the largest revenue share of 37.4% in 2023, owing to the septal support it provides

• Based on material type, the silicone splints segment led the market with the largest revenue share of 47.0% in 2023, owing to the properties, such as stable nature in high temperature, and resistance against thermal and chemical degradation

• Based on application, the septoplasty segment held the market with the largest revenue share of 61.4% in 2023, due to increasing prevalence of deviated septum

• Based on mechanism, the internal segment led the market with the largest revenue share of 50.7% in 2023, due to its increased use in cosmetic nasal surgeries

• Based on end-user, the outpatient facilities segment led the market with the largest revenue share of 53.9% in 2023. The growth is attributed to diagnosis, less cost, treatment, and procedures in low costs

• North America dominated the market with the revenue share of 35.2% in 2023, due to the rising cosmetic surgeries expenditure, advanced healthcare infrastructure, and increased prevalence of nose deformities

Nasal Splints Market Segmentation

Grand View Research has segmented the global nasal splints market report based on type, material type, application, mechanism, end user, and region:

Nasal Splints Type Outlook (Revenue, USD Million, 2018 - 2030)

• Malleable Nasal Splints

• Airway Nasal Splints

• Bivalve Nasal Splints

Nasal Splints Material Type Outlook (Revenue, USD Million, 2018 - 2030)

• Plastic Splints

• Metal Splints

• Silicon Splints

• Bioabsorbable Splints

Nasal Splints Application Outlook (Revenue, USD Million, 2018 - 2030)

• Rhinoplasty

• Septoplasty

Nasal Splints Mechanism Outlook (Revenue, USD Million, 2018 - 2030)

• Intranasal

• External

Nasal Splints End user Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Outpatients

Nasal Splints Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Nasal Splints Market

• Olympus Corporation

• Medtronic

• Smith & Nephew

• Boston Medical Products Inc

• Surgiform Innovative Surgical Products

• Anthony Products Inc.

• Audio Technologies SRL

• Teleflex Inc.

• E. Benson Hood Laboratories, Inc.

• ENTPROMED Healthcare Products Inc.