Sinus Dilation Devices Market by Product Type (Balloon Sinus Dilation Devices, Endoscopes, Sinus Stents/Implants, Functional Endoscopic Sinus Surgery (FESS) Instruments Set, and Others), by Procedure (Standalone Sinus Dilation and Hybrid Sinus Dilation), by Patient Type (Adults and Pediatrics), and by Patient Care Setting (Hospitals, Ambulatory Surgical Centers, and ENT Clinics/In Office): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global sinus dilation devices market expected to generate around USD 3,462 million by 2025, at a CAGR of around 9.2% between 2019 and 2025. Sinuses are air-filled pouches at the back of facial bones adjoining the nose. Each sinus has normal and natural openings for draining mucus.

14-Mar-2019 | Number of pages: 110 | Report Code: ZMR-3143 | Report Format : | Status : Published

Analysis

Sinuses are air-filled pouches at the back of facial bones adjoining the nose. Each sinus has normal and natural openings for draining mucus. If the opening of sinus gets blocked due to inflammation, drainage of normal mucus may get affected, which may lead to continuous sinus infections and other symptoms related to pain. When it is recurrent sinusitis or the infection continues for more than three months, it might be lead to chronic sinusitis. Sinusitis frequently takes place due to an allergy or cold. The treatment of sinusitis can be performed both non-surgically and surgically.

The growing healthcare expenditure in developed regions, increasing awareness, and swift economic development in developing regions are projected to important factors contributing to the sinus dilation devices market growth. Furthermore, the high adoption of minimally invasive surgeries will significantly propel the sinus dilation devices market in the future. The various advantages of sinus dilation devices, such as high rate of patient satisfaction in terms of rapid recovery, reduced post-operative pain, reduced blood loss, and lower period of hospital stays, are also expected to boost the progression of the sinus dilation devices market globally. Minimally invasive surgeries, such as functional endoscopic sinus surgery (FESS), are expected to show a prominent CAGR in the future, due to its extensive adoption and higher success rate as compared to procedures and favorable reimbursement scenario.

Global Sinus Dilation Devices Market

The global sinus dilation devices market is classified on the basis of product, patient type, procedure, and patient care setting. By product type, the market is segmented into balloon sinus dilation devices, endoscopes, sinus stents/implants, functional endoscopic sinus surgery (FESS) instruments set, and others. Endoscopes are further classified into sinuscopes and rhinoscopes. The balloon sinus dilation devices contributed a major revenue share to the global sinus dilation devices market. Based on the procedure, the market is segmented into standalone sinus dilation and hybrid sinus dilation procedures. Standalone sinus dilation procedures are anticipated to acquire a major market share over the forecast time period. The patient type segment includes adults and pediatrics. Hospitals, ambulatory surgical centers, and ENT clinics/in offices form the key patient care setting a segment of the market.

By region, North America held a dominant share of the global sinus dilation devices market in 2018 and is anticipated to continue its regional domination over the forecast years as well. This regional growth can be attributed with robust healthcare infrastructure, high adoption of minimally invasive procedures, and the rising prevalence of chronic rhinosinusitis. The Asia Pacific is anticipated to grow substantially in the future, owing to the increasing number of favorable government policies and reimbursement scenario, raising awareness, and high unmet medical needs.

Some key players of the global sinus dilation devices market are Entellus Medical Inc., Acclarent Inc., Medtronic, Smith & Nephew, Intersect ENT Inc., Olympus Corporation, Meril Life Sciences Pvt. Ltd., SinuSys Corporation, InAccel, Jilin Coronado Medical Ltd., and Creganna Medical, among others.


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