Sinus Dilation Devices Market Analysis by Essential Factors and Trends In Industry by 2023
Global Sinus Dilation Devices Market are used to treat sinus problem and expand the sinus openings of nose to treat nasal problems. According to the American College of Physicians March 2016, data it is reported that every year 4.3 million people are diagnosed with sinusitis. Such a high number of sinus patients may influence the market growth globally.
Sinus Dilation Devices Market Research Report by Product (Sinus Stents, Balloon Dilation, Endoscope), Procedure (Hybrid Sinus Dilation), Patient Type (Pediatric, Adults), End-User (Hospitals, ENT Clinics, and Others)-Global Forecast till 2023
Global Sinus Dilation Devices Market was estimated USD 3,326 million in 2016 and expected to reach USD 5,778 million by 2023 at a CAGR of 8.1% from 2018 to 2023.
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Sinus is also called as chronic rhinosinusitis, it is a condition in which cavities around nasal known as (sinuses) get inflamed and swollen for weeks. The people suffering from sinus may have symptoms such as nasal block, tenderness, swelling of the face, sore throat, nausea, fatigue or irritability, and pain in jaw and teeth.
Key Players
Some of the key players in the global sinus dilation devices market are Sklar Surgical Instruments (US), Accurate Surgical & Scientific Instruments (USA), Bausch & Lomb Incorporated (US), Entellus Medical Inc. (a subsidiary of Stryker) (US), Acclarent Inc. (a subsidiary of Johnson & Johnson) (US), Medtronic plc (Ireland), Smith & Nephew plc (UK), Intersect ENT Inc. (US), Olympus Corporation (Japan), Meril Life, Sciences Pvt. Ltd. (India), SinuSys Corporation (US), Jilin Coronado Medical Ltd. (China), and others.
Global Sinus Dilation Devices Market is segmented on the basis of product, procedure, by patient type and end-user.
The sinus dilation devices market, by product, is segmented into sinus stents, balloon dilation, endoscope, functional endoscopic sinus surgery (FESS) instruments set, and handheld instruments. The endoscope is sub-segmented into rhinoscopy and sinoscopy.
By procedure, the market is segmented into hybrid sinus dilation procedure, standalone sinus dilation procedures, and others.
On the basis of patient type, the market is segmented into pediatric and adults.
On the basis of end-user, the market is segmented into hospitals, ENT clinics, diagnostic centers, research centers, and others.
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Global Market Regional Insights
Americas leads in the market owing to the increasing prevalence of rising incidence of bacterial infection, increasing research & development in sinus dilation devices and growing healthcare expenditure.
Europe is the second largest sinus dilation devices market during the forecast period. The increase in the prevalence of chronic sinus and increasing expenditure for sinus treatment may support the market growth.
Asia-Pacific was estimated to be the fastest growing region for the global sinus dilation devices market in 2017.
Middle East and Africa holds the lowest share for sinus dilation devices market.
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