Global Nasal Splints Market to Reach $4 Billion by 2030
The global market for Nasal Splints estimated at US$3 Billion in the year 2023, is expected to reach US$4 Billion by 2030, growing at a CAGR of 4.1% over the period 2023-2030. Intranasal Splints, one of the segments analyzed in the report, is expected to record 3.9% CAGR and reach US$2.7 Billion by the end of the analysis period. Growth in the External Nasal Splints segment is estimated at 4.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $820.2 Million, While China is Forecast to Grow at 6.5% CAGR
The Nasal Splints market in the U.S. is estimated at US$820.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$831.8 Million by the year 2030 trailing a CAGR of 6.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
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