Sinus Dilation Devices Market Size Is Predicted To Reach $3.6 Billion By 2025

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.

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Sinus Dilation Devices Market Report Highlights

1. 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.
2. 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.
3. 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.
4. 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)

1. Balloon Sinus Dilation Devices
2. Sinuscopes
3. Rhinoscopes
4. Sinus Stents/Implants
5. Functional Endoscopic Sinus Surgery (FESS) Instrument Sets
6. Others

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

1. Standalone
2. Hybrid

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

1. Adult
2. Pediatric

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

1. Hospitals
2. ENT Clinics/In Office
3. Ambulatory Surgical Centers (ASCs)

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

1. North America
1. The U.S.
2. Canada
2. Europe
1. Germany
2. The U.K.
3. Asia Pacific
1. Japan
2. China
3. India
4. Latin America
1. Brazil
2. Mexico
5. Middle East & Africa
1. South Africa

Key Players in the Sinus Dilation Devices Market

1. Medtronic
2. Smith & Nephew
3. Entellus Medical, Inc.
4. Intersect ENT, Inc.
5. Olympus Corporation
6. SinuSys Corporation
7. Acclarent, Inc.,
8. Creganna
9. InnAccel
10. Jilin Coronado Medical Apparatus Co., Ltd.
11. Meril Life Sciences Private Limited

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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