New York, USA, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global sinus dilation devices market size will grow from USD 2.75 billion in 2022 to USD 5.11 billion in 2032, with a compound annual growth rate (CAGR) of 6.4%.
Get a sample PDF manual: https://www.sphericalinsights.com/request-sample/2502
Sinus dilation devices are advanced medical devices used to treat chronic sinusitis. They offer a minimally invasive alternative to traditional sinus surgery, providing relief to patients with ongoing sinus problems. These devices are commonly used in balloon sinus dilation procedures to gently expand the sinus openings and promote proper drainage and ventilation. The procedure is performed on an outpatient basis by an otolaryngologist and typically requires only local anesthesia, resulting in less patient discomfort and faster recovery. It has good results in relieving symptoms such as nasal congestion and facial pain.
Browse 200 pages of key industry insights and 150 market data tables and charts in the report “Global Sinus Dilation Devices Market Size, share and COVID-19 impact analysis, By Product (Balloon Sinus Dilation Devices, Endoscopes, Functional Endoscopic Sinus Surgery Instrument Kits, Sinus Stents/Implants, and More), By Procedure (Standalone & Hybrid), By Application (Adult & Pediatric), By End By Application (Hospital, Otolaryngology) Clinic/Outpatient and Ambulatory Surgery Center), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), 2022 – 2032 Analysis and Forecast.
Buy the full report now: https://www.sphericalinsights.com/checkout/2502
The balloon sinus dilation device segment will account for approximately 43.5% of the market in 2022
On the basis of product, the global sinus dilation devices market is segmented into balloon sinus dilation devices, endoscopes, functional endoscopic sinus surgery instrument sets, sinus stents/implants, and others. Owing to its effectiveness and widespread adoption, the balloon sinus dilation (BSD) device segment holds the largest revenue share in the sinus dilation devices market. The BSD device provides a minimally invasive method of treating chronic sinusitis with significant benefits, such as reduced postoperative discomfort and faster recovery time. Patients and healthcare professionals are increasingly choosing BSD surgery as an alternative to traditional sinus surgery, driving demand for these devices.
In 2022, standalone programs held the largest market share with approximately 64.3% revenue share.
On the basis of procedure, the global sinus dilation devices market is segmented into stand-alone and hybrid. The stand-alone surgical segment holds the highest revenue share in the sinus dilation devices market due to its independence and versatility. Stand-alone surgery involves the use of a sinus dilation device without combining it with other procedures, providing a less complex and more convenient treatment option for patients with chronic sinusitis.
The pediatric market is expected to grow at a CAGR of approximately 6.7% during the forecast period
On the basis of application, the global sinus dilation devices market is segmented into adult and pediatric. The pediatric segment is expected to witness the fastest growth of the sinus dilation devices market during the forecast registration period owing to the rise in chronic sinusitis among the pediatric population, resulting in increased demand for effective and minimally invasive treatment options such as sinus dilation devices. Pediatric patients and their parents prefer less invasive procedures that reduce the impact on the child’s daily life.
The hospital segment holds the largest market share during the forecast period
On the basis of end use, the global sinus dilation devices market is segmented into hospitals, ENT clinics/outpatient clinics, and ambulatory surgery centers. The hospital segment accounts for the largest revenue share in the sinus dilation devices market due to several factors. The hospital is a major medical center with advanced infrastructure, skilled medical professionals and the ability to handle complex cases, making it the first choice for sinus dilation surgery. They offer a wide range of treatment options and have the necessary facilities to accommodate surgical procedures, including sinus dilation surgery.
Please consult before purchasing this research report: https://www.sphericalinsights.com/inquiry-before-buying/2502
Asia Pacific is expected to grow at the fastest CAGR of approximately 6.5% during the forecast period.
Regionally, Asia Pacific is expected to be the fastest growing region for the sinus dilation devices market during the forecast period owing to growing population, increasing awareness about sinusitis treatment options, and improving medical infrastructure. Additionally, the rising prevalence of chronic sinusitis in countries in the Asia-Pacific region is also driving the market expansion.
North America holds the largest market share in the sinus dilation devices market owing to its advanced healthcare infrastructure, higher healthcare expenditure, and larger patient population with chronic sinusitis. Furthermore, the presence of prominent medical device manufacturers and the continuous technological advancement in sinus dilation devices also contribute to the dominance in the region.
competition analysis:
The report provides a proper analysis of the major organizations/companies involved in the global market and provides a comparative assessment primarily on the basis of their product offerings, business profile, geographical distribution, corporate strategies, segment market share, and SWOT analysis. The report also provides a detailed analysis of the company’s current news and developments, including product developments, innovations, joint ventures, partnerships, M&A, strategic alliances, and more. This allows an assessment of the overall competition within the market. Key players in the global sinus dilation devices market include Johnson & Johnson, Medtronic, Meril Life Sciences Private Limited, Olympus, SinuSys, Smith & Nephew, Stryker, TE Connectivity, Dalent Medical, InnAccel, Accurate Surgical & Scientific Instruments and others.
Get discount@ https://www.sphericalinsights.com/request-discount/2502
recent developments
- May 2022, Dalent Medical has received further patent protection for its Sinusleeve balloon device, which strengthens the company’s patented technology and process for balloon sinus dilation surgery for the treatment of chronic sinusitis.
- May 2022, Medtronic has completed the acquisition of Intersect ENT to expand its ENT portfolio with new sinus devices.
Market segments
The study forecasts revenue at global, regional and country levels from 2019 to 2032. Spherical Insights segments the global sinus dilation devices market on the basis of the following segments:
Sinus Dilation Devices Market, By Product
- Balloon sinus dilation device
- endoscope
- Functional endoscopic sinus surgery instrument set
- Sinus Stents/Implants
- others
Sinus Dilation Devices Market, By Procedure
Sinus Dilation Devices Market (By Application)
Sinus Dilation Devices Market, By End Use
- Hospital
- ENT Clinic/Office
- Ambulatory Surgery Center
Sinus Dilation Devices Market, Regional Analysis
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- United Arab Emirates
- Saudi Arabia
- Qatar
- South Africa
- Middle East and Rest of Africa
View related reports
Global veterinary equipment and supplies market sizeBy Type (Consumables, Anesthesia, Ventilators, Patient Monitoring, Oxygen Masks, Infusion Pumps), By Animal (Cats, Dogs, Horses, Cows), By Application (Surgery, Diagnostics, Monitoring & Therapeutics), By Geography and Forecast , 2023 – 2032
Global virtual care market sizeShare and COVID-19 Impact Analysis, By Component (Software & Services, Hardware), By Consultation Type (Video, Audio, Messaging), By Application (Family Medicine, Internal Medicine, Pediatrics), By End User (Hospitals & Clinics) ), Pharmacy), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), 2022 – 2032 Analysis and Forecasts
Global automatic pill dispenser market sizesharing and COVID-19 impact analysis, by type (decentralized automated dispensing systems, centralized automated dispensing systems), by indications (physical disabilities, neurodegenerative diseases, dementia, etc.), by application (pharmacies, retail pharmacies, Hospitals) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), 2022 – 2032 Analysis and Forecasts
Global voice-based long-term care solutions market sizeSharing and COVID-19 Impact Analysis, By Product Type (Voice-Activated Assistive Devices, Remote Monitoring Systems, Voice-Integrated Medical Records, and Voice-Controlled Home Automation), By Technology (Microphone Technology, Speech Recognition and Processing, Artificial Intelligence and Machine Learning) , By Audio Devices (Wearable Audio Devices, Room-Based Audio Devices, and Ambient Microphone Arrays), By End User (Individual Patients, Professional Caregivers, Home Caregivers, and Healthcare Facilities), and By Region (North) Americas, Europe, Asia Pacific Region, Latin America, Middle East and Africa), 2022 – 2032 Analysis and Forecasts
About Sphere Insights & Consulting
spherical insight and consultation is a market research and consulting firm that provides actionable market research, quantitative forecasts and trend analysis to provide forward-looking insights designed for decision makers and help improve ROI.
It serves different industries such as the financial sector, industrial sector, government organizations, universities, non-profit organizations and businesses. The company’s mission is to partner with enterprises to achieve business goals and sustain strategic improvement.
contact us:
For more information about your target market, please contact us at:
Telephone: +1 303 800 4326 (USA)
Tel: +91 90289 24100 (Asia Pacific)
e-mail: ask@sphericalinsights.com, sales@sphericalinsights.com
contact us: https://www.sphericalinsights.com/contact-us
follow us: LinkedIn | Facebook | Twitter
