Global Sinus Dilation Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
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Global Sinus Dilation Devices Market Overview
"The Sinus Dilation Devices Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
This report is based on the synthesis, analysis, and interpretation of various sources of information gathered regarding the target market. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact on making informed forecasts about the scenarios in the future.
Hollow sacks present in the head that secrete mucus and provide resonance to voice of an individual are referred to as sinuses. The mucus secreted by the sinus are responsible for two main functions: preventing the nasal cavity from dryness and any foreign particles from entering the nasal cavity and reaching the lungs.
Sinuses generally have an opening, which allows mucus to drain and flow into the nasal passage, but in some cases these openings get blocked and the mucus remains clogged. This can lead to various problems such as headache, congestion, inflammation in sinus, and sometimes can lead to infections, which is often referred to as sinusitis.
Depending on the duration of the symptoms, sinusitis is classified into three types, acute, sub - acute and chronic. Treatments usually differ in the basis of longevity of the infection.
Increasing sinusitis is a major factor driving global sinus dilation devices market growth. In addition, rising demand for minimally invasive surgeries and technological advancements in sinus dilation devices are other major factors expected to boost growth of the global sinus dilation devices market over the forecast period.
However, low preference for sinus dilation surgeries, due to availability of sinusitis drugs is a major factor restraining growth of the global sinus dilation devices market. Additionally, problems associated with post-operation on sinus is another major factor expected to hamper growth of the global sinus dilation devices market over the forecast period.
Currently, the market in North America accounts for highest share in the global sinus dilation devices market in revenue terms, owing to growing awareness about sinus dilation treatments, and presence of proper medical infrastructure in the region.
The market in Europe accounted for second-highest revenue share in the global sinus dilation devices market, due to high healthcare expenditure by governments of countries, and high disposable income, followed by markets in Latin America, Asia Pacific and Middle East & Africa respectively.
The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to increase in number of patients suffering from chronic sinus related infections, and rise in government initiatives for the improvement of healthcare facilities in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.
Global sinus dilation devices market segmentation:
By product type:
- Balloon Sinus Dilation Devices
- Sinus Stents/Implants
By type of procedure:
- Standalone Sinus Dilation Procedures
- Hybrid Sinus Dilation Procedures
By end user:
- Ambulatory Surgical Centers
- ENT Clinics/In Office
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Acclarent, Inc.
- Medtronic Plc.
- Entellus Medical, Inc.
- Smith & Nephew Plc.
- SinuSys Corporation
- Olympus Corporation
- Sklar Surgical Instruments
- Accurate Surgical & Scientific Instruments
- Bausch & Lomb Incorporated
- Intersect ENT, Inc.
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