Nasometry Devices Market is Anticipated to Witness Steady Growth Owing to Increasing Prevalence of Nasal Airway Disorders
Nasometry devices are therapeutic devices used to treat nasal airway conditions such as nasal congestion and nasal valve collapse by assessing nasal resistance and related parameters. Nasometry helps in tracking treatment outcomes and detecting nasal obstructions objectively. The devices operate based on the principle of active anterior rhinomanometry which calculates the amount of air pressure required to maintain a constant nasal airflow. Nasometry is also applied for the diagnosis and treatment monitoring of obstructive sleep apnea.
The nasometry devices market is estimated to be valued at USD $250.90 Mn in 2024 and is expected to reach USD 336.9 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
Key Takeaways
Key players operating in the Nasometry Devices market are GM Instruments Ltd., Rose Medical Solutions Ltd., PENTAX Medical, Otopront GmbH, BioRESEARCH Associates, Inc., Medtronic, Homoth Medizinelektronik, Recorders and Medicare Systems Private Limited, Atmos MedizinTechnik GmbH and Co.KG, Collin Medical, Euroclinic MediCare Solutions, SWORD MEDICAL LTD., Glottal Enterprises Incorporated, and Vivos Therapeutics Inc. These players collectively account for a substantial market share.
The rising incidence of nasal valve collapse and chronic nasal congestion is creating new opportunities for Nasometry Devices Market Demand manufacturers. Further, the ongoing development of compact and portable nasometry devices suitable for home use will boost market expansion. Geographically, North America accounts for the largest share due to favorable reimbursement policies and high healthcare spending. However, Asia Pacific is expected to offer lucrative expansion opportunities attributed to growing medical tourism and health awareness.
Market drivers- Increasing burden of nasal airway conditions such as nasal congestion, deviated nasal septum and nasal valve collapse across major regions is a key factor driving the nasometry devices market. Also, substantial technological advancements incorporating nasal stent planning software, compact size and ease of use are positively impacting the market growth.
Market Restrains- However, high costs associated with nasometry procedures impact the affordability in low and middle-income countries. Also, lack of trained professionals for operating advanced nasometry systems poses a challenge especially in emerging nations.
the nasometry devices market will witness steady growth during the forecast period on account of rising prevalence of nasal disorders and ongoing technological advancements.
Segment Analysis
This nasal endoscopy devices sub segment is the dominating one as it enables accurate diagnosis of nasal disorders by performing endoscopy of nasal cavities and sinuses. Rhinomanometry devices sub segment is also gaining traction due to ability to objectively measure nasal airflow and resistance. Computer-aided rhinomanometry sub segment is expected to register highest growth during forecast period owing to enhanced capabilities such as providing printouts and graphical analysis of nasal airflow parameters.
Global Analysis
North America holds leading share of Nasometry Devices Market Regional Analysis attributed to rising prevalence of nasal disorders, availability of advanced treatment options and presence of major players. Asia Pacific is anticipated to be fastest growing region on back of increasing healthcare spending, rising awareness about nasometry procedures and growing medical tourism. Europe continues to be another major revenue generator due to well-established healthcare infrastructure and growing preference for minimally invasive diagnostic techniques.
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