Nasal Implant Market Share

Regionally, the nasal implant market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa region. The market in North America is likely to account for largest revenue share by 2036, on the back of presence of ultra-modern healthcare infrastructure. Furthermore, the data released by the Centers for Disease Control and Prevention states that 28.9 million adults are diagnosed with sinusitis. Additionally, according to a survey report published by the American Academy of Facial Plastic and Reconstructive Surgery, out of 1.4 million surgical and non-surgical aesthetic procedures, rhinoplasty (62 %) is amongst the top performed procedures on women. It also states that rhinoplasty is the most common procedure performed amongst patients under age 34. By the reason of the increasing popularity of rhinoplasty the global nasal implant market is estimated to grow during the forecast period. 

Furthermore, the Asia Pacific region is also estimated to offer lucrative opportunities for the growth of the market during the forecast period. The region is highly populous and governments are investing a humongous budget in the healthcare infrastructure. According to the data released by United Nations Population Fund, the Asia and the Pacific region consists of 60% of the world’s population. On the back of this, the global nasal implant market is anticipated to grow during the forecast period.