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Sinus Dilation Devices Market To Reflect Steady Growth Rate By 2025 | Grand View Research, Inc.

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Sinus Dilation Devices Market To Reflect Steady Growth Rate By 2025 | Grand View Research, Inc.

March 17
05:49 2021
Sinus Dilation Devices Market To Reflect Steady Growth Rate By 2025 | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a report published by Grand View Research, the growth of the sinus dilation devices market can be attributed to the growing healthcare expenditure in developed economies across the world. In addition, the global market is recovering from the COVID-19 impact which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

The global sinus dilation devices market size is expected to reach USD 3.6 billion by 2025, progressing at a CAGR of 8.9% during the forecast period. The demand of the market is driven by the increasing prevalence of chronic sinusitis. Moreover, the growing adoption of minimally invasive procedures owing to favorable reimbursement scenarios is expected to augment the market development.

The increasing acceptance of MIS (Minimally Invasive Surgeries) in both developed and developing countries due to the benefits associated with it, such as decreased blood loss and less recovery time and hospital stays, is likely to boost the growth of the global sinus dilation devices market. Minimally invasive surgeries, such as Functional Endoscopic Sinus Surgery (FESS), are commonly used due to the favorable reimbursement conditions, with higher success rates than other procedures. Moreover, recent technological advancements and product launches by key market players are augmenting the growth of the market. 

Sinus Dilation Devices Market Report Highlights

 On the basis of product, the balloon sinus dilation devices segment held the largest market share in 2017. The growth is attributed to the increasing prevalence of chronic sinusitis and the adoption of balloon sinuplasty procedures.

On the basis of procedure, the standalone procedures segment held a major share in the global sinus dilation devices market in 2017 owing to the higher success rate of revision surgeries.

On the basis of application, the adult application segment held the largest market in 2017 owing to the rise in the prevalence of sinusitis among adults.

The Asia Pacific is likely to exhibit the fastest growth during the forecast period owing to increasing awareness about surgical procedures of the sinus. 

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Sinus Dilation Devices Market Segmentation

Grand View Research has segmented the global sinus dilation devices market on the basis of product, procedure, application, end use, and region:

Sinus Dilation Devices Product Outlook (Revenue, USD Million, 2014 – 2025)

     Balloon Sinus Dilation Devices
     Sinuscopes
     Rhinoscopes
     Sinus Stents/Implants
     Functional Endoscopic Sinus Surgery (FESS) Instrument Sets
     Others

Sinus Dilation Devices Procedure Outlook (Revenue, USD Million, 2014 – 2025)

     Standalone
     Hybrid

Sinus Dilation Devices Application Outlook (Revenue, USD Million, 2014 – 2025)

     Adult
     Pediatric

Sinus Dilation Devices End-use Outlook (Revenue, USD Million, 2014 – 2025)

     Hospitals
     ENT Clinics/In Office
     Ambulatory Surgical Centers (ASCs)

Sinus Dilation Devices Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • The U.K.
     Asia Pacific
        • China
        • India
        • Japan
     Latin America
        • Brazil
        • Mexico
     Middle East & Africa
        • South Africa

List of Key Players of Sinus Dilation Devices Market

     Medtronic
     Smith & Nephew
     Entellus Medical, Inc.
     Intersect ENT, Inc.
     Olympus Corporation
    • SinuSys Corporation
     Acclarent, Inc.,
     Creganna
     InnAccel
     Jilin Coronado Medical Apparatus Co., Ltd.
     Meril Life Sciences Private Limited

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/5510/ibb

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About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

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Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/sinus-dilation-devices-market

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