Sinus Dilation Devices - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Sinus Dilation Devices market is accounted for $1.55 billion in 2017 and is expected to reach $3.68 billion by 2026 growing at a CAGR of 10.1% during the forecast period. High prevalence of chronic sinusitis, growing demand for technologically advanced and effective devices and rising healthcare expenditure in developed regions are some of the key factors influence market growth. Moreover, increasing focus of key industry players on new product development will provide ample opportunities for the market growth. However, high adoption rate of alternative treatment is restraining the market growth.
Sinus dilation devices can be defined as systems employed in performing sinus dilation. Sinus Dilation Devices are used to treat sinusitis and other related problems through minimally invasive techniques with long last ring effects. Sinus dilation is the process of opening up of the blocked sinus passages, enabling adequate drainage and airflow. Depending on the duration of the symptoms, sinusitis is classified into three types, acute, sub - acute and chronic. The treatment of sinusitis depends on the longevity of the infection. To relieve the patient from the symptoms, treatment options like drugs, surgery, and physical therapy are available.
Based on Product, Balloon Sinus Dilation Devices segment accounted for considerable market share during the forecast period due to rising occurrence of chronic sinusitis and adoption of balloon sinuplasty procedures. These devices are used for balloon sinuplasty, a non-surgical procedure for the treatment of chronic sinusitis. By Geography, Asia Pacific dominated the largest market share due to growing disposable income, presence of large patient pool and use of technologically advanced products in this region.
Some of the key players profiled in the Sinus Dilation Devices market include Johnson & Johnson Services, Inc., Smith & Nephew plc , Intersect ENT, Inc., Stryker, Olympus Corporation, Medtronic, Acclarent, Inc. (A Subsidiary of Johnson & Johnson), Sinusys Corporation, Meril Life Sciences Pvt Ltd., Innaccel Pvt. Ltd, Jilin Coronado Medical Ltd., Creganna Medical and Dalent LLC.
• Other Procedures
• Sinus Implants
• Handheld Instruments
• Balloon Sinus Dilation Devices
• Functional Endoscopic Sinus Surgery (FESS) Instruments Set
• Distal Suction Blades
• Sinus Seekers
• Nasal Forceps
• Nasal Catheters
• Surgical Instruments
• Other Products
End Users Covered:
• Physician's office
• Ambulatory Surgical Centers
• ENT Clinics/In Office
• Specialty Clinics
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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