The Sinus Dilation Devices market was valued USD 2.7 Billion in 2023 and projected to reach USD 23.1 Billion by 2030, growing at a CAGR of 30.8% during the...
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The Sinus Dilation Devices market was valued USD 2.7 Billion in 2023 and projected to reach USD 23.1 Billion by 2030, growing at a CAGR of 30.8% during the...
Sinus dilation device market projected to reach $5,067.97 Mn by 2030. It provides strategies analysed understand the competitive outlook of
Market Research Future published a healthandhealthcaretrends report . Report gives a clear picture of current market scenario which includes past and estimated future market size. The report provides detail information and strategies of top key players in the industry. The report also gives a broad study about different markets segments and regions.
Sinus Dilation Devices Market Analysis The Sinus Dilation Devices Market size is likely to touch USD 5,778 million at an 8.1% CAGR between 2018- 2023, reveals the new Market Research Future (MRFR) report. Sinus dilation devices, simply put, are used for treating sinus problems and expanding sinus openings of nose for treating nasal problems. Handheld instruments, functional endoscopic sinus surgery (FESS) instruments set, endoscope, balloon dilation, and sinus stents are some of the different ty
Sinus Dilation Devices Market Analysis The Sinus Dilation Devices Market size is likely to touch USD 5,778 million at an 8.1% CAGR be...
Global Sinus Dilation Devices Market Growth, Size, Share, Analysis, Demand and Forecast Report 2024
The global sinus dilation devices market is growing at a significant rate, due to the elevated occurrence of chronic sinusitis, and mounting inclination for minimally invasive surgeries. Request for Free Sample Copy of this Research Report at https://www.vynzresearch.com/healthcare/sinus-dilation-devices-market/request-sample The elevated occurrence of chronic sinusitis, advantages of balloon sinus dilation above conventional surgeries, and mounting inclination for minimally invasive surgeries are the primary growth drivers for sinus dilation devices market.
Favorable reimbursement scenario, expanding the geriatric population, and technological advancements in sinusitis treatment are also facilitating the growth of the sinus dilation devices market. North America is the largest sinus dilation devices market as in the region the occurrence of chronic sinusitis. Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population, and a large population base. Browse Full Research Report Description at: https://www.vynzresearch.com/healthcare/sinus-dilation-devices-market Key players in the sinus dilation devices market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In December 2017, Stryker Corporation signed an agreement to acquire Entellus Medical, Inc., to provide innovative and cost-effective solutions.
Stryker Corporation, Smith & Nephew PLC, SinuSys Corporation, Medtronic Plc., Dalent LLC., Innaccel Pvt. Ltd, Johnson & Johnson, Meril Life Sciences Pvt Ltd., Intersect ENT, Inc., Jilin Coronado Medical Ltd, and Olympus are the key players offering sinus dilation devices.
Source: VynZ Research
Sinus Dilation Devices Market to Surpass US$ 5.7 Billion by 2026
Global Sinus Dilation Devices Market, by Product Type (Balloon Sinuplasty Systems Rhinoscopes, Sinuscopes, Sinus Stents, Functional Endoscopic Sinus Surgery (FESS) Instruments Set, and Others), by End User (Hospitals & Clinics and Ambulatory Surgical Centers (ASCs)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 2.7 Billion in 2017, and is projected to exhibit a CAGR of 8.4% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.
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Sinusitis is an inflammation of sinus, which causes nose blockage and avoids mucus drainage. Sinus dilation devices are used in patients with nose drainage issues related to nasal sinusitis or sinuses to expand the sinus openings. Different types of sinus dilation devices includes balloon sinuplasty systems, rhinoscopes, sinus stents, and functional endoscopic sinus surgery (FESS), and instruments set for sinuses or sinusitis
New launches of sinus dilation devices by market players augment growth of the market
Key players in the market are focused on launching novel catheters in order to reduce nasal sinusitis or sinuses and address the critical unmet needs of patients. For instance, in January 2014, Acclarent Inc. launched a new range of Balloon Sinuplasty System, RELIEVA, in the U.S. for the treatment of chronic sinusitis in children. This will help the company to diverge its portfolio for various age groups.
Similarly, in June 2015, SinuSys Corporation received CE mark for its two new devices to treat frontal and sphenoid sinusitis, in addition to maxillary disease. This will help the company to expand its product portfolio of low-pressure and self-expanding dilation devices.
Browse 36 Market Data Tables and 32 Figures spread through 164 Pages and in-depth TOC on ‘Sinus Dilation Devices Market’- Global Forecast to 2026, by Product Type (Balloon Sinuplasty Systems Rhinoscopes, Sinuscopes, Sinus Stents, Functional Endoscopic Sinus Surgery (FESS) Instruments Set, Others), by End User (Hospitals & Clinics, Ambulatory Surgical Centers (ASCs)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) To
Key players are focusing on adopting various business strategies such as mergers and acquisitions to enhance its product portfolio. For instance, Stryker Corporation completed the acquisition of Entellus Medical Inc. in February 2018. Through this acquisition, Stryker Corporation would promote products of Entellus Medical Inc.
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Key Takeaways of the Sinus Dilation Devices Market:
The global sinus dilation devices market is expected to exhibit a CAGR of 8.56% over the forecast period, owing to increasing prevalence of chronic sinusitis
Among product type, the balloon sinuplasty systems segment held a dominant position in the sinus dilation devices market in 2017 owing to higher adoption rate for sinusitis treatment.
Among end user, hospitals and clinics segment held a dominant position in the sinus dilation devices in 2018. This is attributed to the fact that the number of patients visiting hospital and clinical settings is higher as compared to ambulatory surgical centers.
Key players operating in the global sinus dilation devices market include, Entellus Medical, Inc., Smith & Nephew Plc., Acclarent, Inc., B. Braun Melsungen AG, Medtronic Plc, Olympus Corporation, SinuSys Corporation, InnAccel Technologies, Intersect ENT, Inc.
know the latest trends and insights prevalent in the sinus dilation devices market, click the link below: https://www.coherentmarketinsights.com/market-insight/sinus-dilation-devices-market-2451
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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