Nasal Implant Market size is likely to register remarkable growth rate during the forecast period i.e., between 2024-2036.
The growth of the market can be attributed to the increasing number of patients with sleep apnea and sinus. It is estimated that there are more than 101 million people are suffering from sleep apnea. Sleep apnea patients are increasing aggressively due to the rise in the number of people with obesity, high blood pressure, diabetes, and hormonal disorders. The continuous skyrocketing number of patients with sleep apnea conditions is estimated to boost the global market growth during the forecast period. Moreover, the cases of chronic rhino sinusitis (CRS) are surging worldwide. A report promulgated by World Allergy Organization states that the prevalence of chronic rhino sinusitis is about 8.4% in Korea, 8% in China, 12% in the USA, and 11% in Europe. On account of soaring cases of chronic rhino sinusitis, the global market is projected to grow significantly during the forecast period. Apart from this, obese people are more likely to develop disorders such as sleep apnea and chronic rhino sinusitis (CRS), which is the reason the global market is anticipated to grow remarkably during the forecast period. A report published by World Obesity Federation predicts that 1 billion people will be living with obesity by 2030. Additionally, the increasing demand for cosmetic procedures is also projected to propel the global nasal implant market growth during the forecast period.
Author Credits: Radhika Pawar
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