The Global Nasal Irrigation Market was $20.3 Bn in 2020, and it is expected to reach $49.5 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 7.4% between 2021-2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year.
The global nasal irrigation market is expected to witness a positive CAGR in the coming years owing to its increasing application across the globe. Nasal irrigation or can be referred to as a nasal douche, is a personal practice where the nasal cavity is cleaned to flush out debris and mucus from the sinuses and nose. Patients suffering from chronic sinusitis involving symptoms of a headache, facial pain, nasal congestion, anterior rhinorrhea, halitosis, and cough, often use nasal irrigators to get relief. Various rinsing devices including baby bulb syringe, neti pot, and Teledyne Waterpik with adaptor are used for nasal irrigation. The rising practice of washing the nasal cavity in developed and developing countries is expected to augment the global nasal irrigation market during the forecast period of 2021-2031.
Global Nasal Irrigation Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
Additionally, nasal irrigators are also used to analyze labors for subjection to asbestos, airborne glass fibers, and other such substances. Rapid industrialization and urbanization coupled with changing the lifestyle of individuals have propelled the growth of the nasal irrigation market. Further down, the increase in allergic and infection cases in developing countries like China and India are estimated to boost the market growth in the near future. Moving forward, nasal irrigation offers several benefits that include it decreases the thickness of mucus and clears it due to allergies or colds. Moreover, it washes away inflammatory cells, allergens, and chemical mediators and hence, increases the clearance of nasal passages. Therefore, these benefits of nasal irrigation create a high growth opportunity in this market during the projection period. However, side effects such as nasal pain and irritation are some of the factors which may hinder the growth of the global nasal irrigation market. In addition to this, frequent use of nasal irrigators can also be harmful as the saline water can wash away beneficial antifungal, antibacterial, and antiviral agents.
The nasal irrigation market is segmented by product which includes sneti pot, baby bulb syringe, and Teledyne Waterpik with an adaptor. Further down, the nasal irrigation market in the report is segmented by an application that includes chronic sinusitis, rhinitis, acute upper respiratory infection, and sinus surgery. Moreover, based on end-users the market has been further analyzed as hospitals, clinics, and households. The global nasal irrigation market has been moreover segmented geographically into North America, Europe, Asia-Pacific, Middle East, and Africa, and Latin America.
Among the other regions, North-America is expected to dominate the global nasal irrigation market throughout the projection period. The presence of several large vendors coupled with their rapid technological innovations and product development is expected to make the market demanding in this region.
Major Players in Global Nasal Irrigation Market
Some of the major players in the global nasal irrigation market include Bayer AG, Vearox, Neilmed Pharmaceuticals, Nasopure, Alkalol Company, Shenzhen Xinface Electronics Technology Co. Ltd., Chammed Co. Ltd., Flaem Nuova, Medstar, Becton, Dickinson and Company, and GIANT STAR.
The Global Nasal Irrigation Market Has Been Segmented Into:
Global Nasal Irrigation Market, By-Products
Global Nasal Irrigation Market, By Application
Global Nasal Irrigation Market, By End User
Global Nasal Irrigation Market, By Region