Market Overview:
The global nose drill market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic surgery procedures and rising awareness about these procedures. In addition, the growing number of hospitals and plastic surgery centers is also contributing to the growth of this market. The power-driven segment is expected to dominate the global nose drill market during the forecast period owing to its advantages such as precision and accuracy.
Product Definition:
A nose drill is a tool used in carpentry to create a hole in wood. It is a handheld device that looks like a large screwdriver with a cylindrical bit on the end. The bit is inserted into the wood and turned, causing it to drill into the surface.
Power Driven:
Power-driven nose drill is a type of rotary drilling machine used for creating holes in the earth's surface. The power-driven system comprises of an electric motor, which drives a drill string by means of a spool or cable attached to a drilling rod. The main components involved in power driven systems are the motor, control system, and drill rod. These machines are widely used for applications such as land development & mining and also underwater explorations including offshore oil wells & exploration etc.
Pneumatic:
Pneumatic is a compressed gas used for drilling purposes. It is supplied in the form of a liquid under high pressure and temperature. The pneumatic drill string operates on the principle of Pascal's law which states that pressure increases as the volume decreases. Therefore, air acts as a medium for transmitting torque from drill string to bit and also provides stability to platform during operation.
Application Insights:
The other application segment dominated the global nose drill market in 2017, accounting for a share of over 60.0% and is expected to continue its dominance over the forecast period. The increasing number of cosmetic surgeries being performed has led to an increase in demand for surgical tools such as cameras, operating microscopes and other devices that aid in precise measurements during surgery. As a result, companies are developing products specifically designed for these applications which is expected to drive the product demand over the forecast period.
Plastic surgery centers accounted for around 40% of total revenue share in 2017 owing to high consumer spending on plastic surgeries across various regions including Asia Pacific and North America. In addition, factors such as growing awareness regarding better aesthetic appeal coupled with rising disposable income levels have been driving demand at a significant rate from past few years together creating lucrative opportunities ahead for Nose Drilling Devices manufacturers globally.
Regional Analysis:
North America dominated the global nose drill market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate for cosmetic surgeries, and availability of skilled professionals in this region. In addition, growing demand for revisional surgeries is expected to drive growth during the forecast period. Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing awareness about plastic surgery procedures and rising disposable income levels in emerging economies such as India & China.
Major companies include but are not limited too are: Acclarent Inc.; Stryker Corporation; Medtronic plc; Terumo Corporation; Boston Scientific Corporation; Becton Dickinson and Company (BD); Cardinal Health (BRC) (CRR); Johnson & Johnson Services Inc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the benefits offered by these procedures such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Nose Drill is a minimally invasive surgery that offers similar benefits, making it an attractive option for patients and surgeons alike.
- Growing awareness about the benefits of nose surgery: Nose surgery can improve the appearance of the nose as well as its function. As more people become aware of these benefits, there is likely to be an increase in demand for nose drill procedures.
- Rising prevalence of nasal deformities: A number of factors such as genetics, pollution, and smoking can lead to nasal deformities such as a deviated septum or enlarged turbinates). These deformities can cause difficulty breathing and other problems which can be corrected with nose drill surgery..
Scope Of The Report
Report Attributes
Report Details
Report Title
Nose Drill Market Research Report
By Type
Power Driven, Pneumatic
By Application
Hospital, Plastic Surgery Center, Other
By Companies
Conmed, Stryker, Depuy Synthes, Medtronic, Bienair, De Soutter Medical, Zimmer, Bojin, Conmed
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Nose Drill Market Report Segments:
The global Nose Drill market is segmented on the basis of:
Types
Power Driven, Pneumatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Plastic Surgery Center, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Conmed
- Stryker
- Depuy Synthes
- Medtronic
- Bienair
- De Soutter Medical
- Zimmer
- Bojin
- Conmed
Highlights of The Nose Drill Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Power Driven
- Pneumatic
- By Application:
- Hospital
- Plastic Surgery Center
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nose Drill Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nose drill is a term used to describe the act of drilling a hole in someone's nose. This procedure is often used as an emergency measure to allow doctors and nurses access to someone's sinuses or brain.
Some of the key players operating in the nose drill market are Conmed, Stryker, Depuy Synthes, Medtronic, Bienair, De Soutter Medical, Zimmer, Bojin, Conmed.
The nose drill market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nose Drill Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nose Drill Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nose Drill Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nose Drill Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nose Drill Market Size & Forecast, 2020-2028
4.5.1 Nose Drill Market Size and Y-o-Y Growth
4.5.2 Nose Drill Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Power Driven
5.2.2 Pneumatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Plastic Surgery Center
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nose Drill Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nose Drill Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Power Driven
9.6.2 Pneumatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Plastic Surgery Center
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Power Driven
10.6.2 Pneumatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Plastic Surgery Center
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Power Driven
11.6.2 Pneumatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Plastic Surgery Center
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Power Driven
12.6.2 Pneumatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Plastic Surgery Center
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Power Driven
13.6.2 Pneumatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Plastic Surgery Center
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nose Drill Market: Competitive Dashboard
14.2 Global Nose Drill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Conmed
14.3.2 Stryker
14.3.3 Depuy Synthes
14.3.4 Medtronic
14.3.5 Bienair
14.3.6 De Soutter Medical
14.3.7 Zimmer
14.3.8 Bojin
14.3.9 Conmed
