Insights on the Sinus Dilation Device Global Market to 2026 - Growing Preference for Minimally Invasive Procedures is Driving Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Sinus Dilation Device Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
The sinus dilation device market is estimated to attain a market size of US$3.743 billion in 2026 from US$2.385 billion in 2019, growing at a CAGR of 6.65%.
The market-driven by growing cases of chronic sinusitis. Lifestyle changes and environmental factors are the major reasons causing an increase in chronic sinus disease. Sinusitis is a common medical condition in which cavities around the nasal known as (sinuses) get inflamed. Symptoms of sinus include nasal block, tenderness, swelling of the face, sore throat, nausea, fatigue or irritability, and pain in the jaw and teeth. Sinus dilation devices are employed for the treatment of sinusitis. Sinus dilation devices, such as balloon sinuplasty systems and sinus stents, expand the sinus opening of a patient's nose during the sinus surgery, thereby treating the drainage problem associated with the nasal sinuses.
Impact of COVID on the market.
The COVID pandemic had a significant negative impact on the market of sinus dilation devices market. Due to lockdown restrictions in various countries, the production and supply chain had been disrupted. Similar to drugs, medical devices also rely on healthcare facilities for their trial and data collection. These medical devices undergo several trials both pre-market and post-market. However post-COVID it is anticipated that the market of sinus dilation devices will revive and will witness lucrative growth in the coming years.
There has been a growing preference for minimally invasive procedures which has been driving growth in the market of sinus dilation devices. The minimally invasive surgical procedures are patient-friendly. An increase in the number of patients suffering from chronic sinusitis has led to an increase in the use of minimally invasive sinus technique (MIST) thereby driving growth in the market.
One of the factors hampering the growth of the market is the risks associated with sinus surgeries. For example, risks associated with the procedures are bleeding, recurrent sinus infections, postoperative infections, and others.
- Bausch Health Companies Inc.
- Dalent LLC
- Intersect ENT Inc.
- Johnson & Johnson
- KARL STORZ SE & Co. KG
- Medtronic Plc
- Olympus Corp.
- Smith & Nephew Plc
- Stryker Corp.
- TE Connectivity Ltd.
Key Topics Covered:
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Sinus Dilation Devices Market Analysis, By Product Type
5.2. Balloon Sinuplasty Devices
5.4. Sinus Stents
6. Global Sinus Dilation Devices Market Analysis, By End-User
6.2. Hospitals and Clinics
6.3. Medical Stores
7. Global Sinus Dilation Devices Market Analysis, by Geography
7.2. North America
7.2.1. North America Sinus Dilation Devices Market Analysis, By Product Type
7.2.2. North America Sinus Dilation Devices Market Analysis, By End-User
7.2.3. By Country
220.127.116.11. United States
7.3. South America
7.3.1. South America Sinus Dilation Devices Market Analysis, By Product Type
7.3.2. South America Sinus Dilation Devices Market Analysis, By End-User
7.3.3. By Country
7.4.1. Europe Sinus Dilation Devices Market Analysis, By Product Type
7.4.2. Europe Sinus Dilation Devices Market Analysis, By End-User
7.4.3. By Country
7.5. Middle East and Africa
7.5.1. Middle East and Africa Sinus Dilation Devices Market Analysis, By Product Type
7.5.2. Middle East and Africa Sinus Dilation Devices Market Analysis, By End-User
7.5.3. By Country
18.104.22.168. South Africa
22.214.171.124. Saudi Arabia
7.6. Asia Pacific
7.6.1. Asia Pacific Sinus Dilation Devices Market Analysis, By Product Type
7.6.2. Asia Pacific Sinus Dilation Devices Market Analysis, By End-User
7.6.3. By Country
126.96.36.199. South Korea
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/hu1f6a
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