14-Mar-2019 | Zion Market Research
Zion Market Research has published a new report titled “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”. According to the report, the global sinus dilation devices market was valued at approximately USD 1,915 million in 2018 and is 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. Sinusitis is referred as the swelling of the sinus lining usually due to blockage and/or infections at the openings of sinus, which affect the mucus drainage, 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 non-surgically via natural therapy, such as using saline nasal sprays or inhaling steam, or by medications, such as nasal steroid sprays or antibiotics prescribed by ENT doctors. On the other hand, it can be treated surgically as well. However, according to clinical studies, about 20% of patients of chronic sinusitis are not treated via medical therapy.
Browse the full “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” Report at https://www.zionmarketresearch.com/report/sinus-dilation-devices-market
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 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 the major revenue share in the global sinus dilation devices market, owing to the increasing prevalence of chronic sinusitis, the high success rate of the procedure, and growing preference for minimally invasive procedures.
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, due to the high adoption of balloon sinus dilation devices and functional endoscopic sinus surgery (FESS) devices. Chronic sinusitis can be treated by using these procedures. According to the International Forum of Allergy and Rhinology, the use of balloon sinuplasty stand-alone procedure has increased from 5% in 2011 to 22.5% in the U.S.
The patient type segment includes adults and pediatrics. Adults are anticipated to contribute to the largest market share during the forecast period. This segment’s growth is attributed to the rising prevalence of sinus and growing awareness about the treatments of chronic rhinosinusitis in the developing regions.
Hospitals, ambulatory surgical centers, and ENT clinics/in offices form the key patient care setting a segment of the market. Hospitals hold a prominent share of the global sinus dilation devices market followed by ENT clinics/in offices.
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.
This report segments the global sinus dilation devices market into:
Global Sinus Dilation Devices Market: Product Type Analysis
Global Sinus Dilation Devices Market: Procedure Analysis
Global Sinus Dilation Devices Market: Patient Type Analysis
Global Sinus Dilation Devices Market: Patient Care Setting Analysis
Global Sinus Dilation Devices Market: Regional Analysis
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