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Epistaxis Market- What Gets it by the Nose?

Monday, 12 August, 2019

Epistaxis, or as it is commonly known nose bleed, is a medical condition that has been of great worry for a lot of parents. The sight of blood can trigger panic in parents as they are concerned about their kids. But, in most cases, nose bleed is of little concern. Nose is both vulnerable due to its position on the face and is rich with blood vessels. That is why a lit hit can cause profuse bleeding. Heavy bleeding can fill up both the nostrils and overflow the nasopharynx and if it goes inward and lands up in stomach, that can trigger vomiting. Apart from external blows, there are several internal causes that can spur nose bleed. If nasal membranes dry out, crust, and crack, it may lead to a bloody nose. This can happen due to several reasons like dry climates, winter months, or temperature dalliance inside the room due to household heaters. Sometimes diseases have a hand in the occurrence. Various types like alcohol abuse, infection, hypertension, trauma, allergic & non-allergic rhinitis, and inherited bleeding problems often lead to nose bleed.

Nose bleeds are often of self-healing type but sometimes it recurs. Several factors like Coagulopathy, Thrombocytopenia, and Inflammation can trigger this problem. The first includes thrombotic thrombocytopenic purpura, idiopathic thrombocytopenic purpura, Von Willebrand's disease, Hemophilia, Leukemia, HIV, and Chronic liver disease. The second covers granulomatosis with polyangiitis and systemic lupus erythematosus.

What Cures it?

Epistaxis, the word has its origin in Greek, where it stands for dripping. The cure is simple often. Just by influencing the movement of the blood flow cure can be achieved. It can be done by leaning forward can stop the flow. Applying ice and clotting the flow with cotton can also work. However, sometimes medication is required as it does not stop quickly. Medicines like Oxymetazoline, phenylephrine hydrochloride, or phenylephrine-DM-guaifenesin nasal spray can be used to take on the bleeding. These provide relief from minor-bleedings. However, in elderly patients’ recurrent occurrences of epistaxis can be of serious concern. They heal slowly and such symptoms can lead to loss of a lot of blood.

The epistaxis market is getting a lot of traction from the global sports and entertainment industry. Several games like boxing, wrestling, rugby, soccer, ice hockey, martial arts, and others are full of physical contact with high chance of getting hurt. That is why preventive measures for such cases of nose bleed have inspired a huge market growth.

What Changes Can We Expect in Coming Days?

The global epistaxis market is constantly evolving due to laudable innovations launched by various companies. This is a part of their strategic move to ensure their market positions, which directly impacts the market and results in positive outcome. Such instances in the recent past are plenty. For example, Eli Lily in July 2019 came up with Baqsimi that got approved by FDA. This medicine is a nasal powder that delivers 3mg of glucagon in a single-use intranasal dispenser and is especially made for patients aged 4 years and older with severe hypoglycemia who are also suffering from diabetes.

On the other hand, a generic version of ledipasvir-sofosbuvir, often marketed in the United States as Harvoni, have been declared safe for teens. The treatment is effective for teens with Hepatitis C virus infection, which can also trigger epistaxis.

Market Scope

Innovation processes are receiving substantial funds from all quarters. In developing regions, this funding is a bit low but developed regions in North America and Europe are showing extraordinary progress. But developing regions are luring in manufacturers with easy resource availability, cost-affordable labor, and high number of patients. Rising pollution is also a major cause that is propelling cases of allergies and other diseases, creating substantial scope for the epistaxis market to proliferate. Parents’ concern for their kids is also opening up a substantial field for companies to devise their strategic moves.

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