Sinus Dilation Devices Market Worth US$ 5.7 Billion by 2026 At a 10.2% CAGR | sinus openings to expand during nasal sinusitis; Coherent Market Insights™
Sinusitis is a sinus inflammation that blocks the nose and prevents mucus drainage. Sinus dilation systems are used to extend sinus openings in patients with nose drainage problems associated with nasal sinusitis or sinuses. Different types of sinus dilation devices, such as functional endoscopic sinus surgery (FESS), sinus stents, rhinoscopes, and balloon sinuplasty systems, can be utilized for patients according to the need of the treatment.
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Increasing demand for sinus dilation devices is expected to augment the growth of the global sinus dilation devices market over the forecast period. For instance, in January 2014, Acclarent, Inc. announced the U.S. launch of the Relieva Spin Balloon Sinuplasty System with the M-110C Sinus Guide Catheter Tip designed for the treatment of chronic sinusitis in children.
Moreover, in June 2015, SinuSys Corp. announced receipt of the CE Mark for two new devices that will expand the company’s portfolio of low-pressure, self-expanding dilation devices to treat frontal and sphenoid sinusitis, in addition to maxillary disease.
Furthermore, market players are adopting various strategies, such as mergers and acquisitions, to strengthen their market position, driving the growth of the global sinus dilation devices market. For instance, in February 2018, Stryker Corporation announced the completion of its previously announced acquisition of Entellus Medical.
By Product Type:
- Balloon Sinuplasty Systems
- Sinus Stents
- Functional Endoscopic Sinus Surgery (FESS) Instruments Set
By End User:
- Hospitals & Clinics
- Ambulatory Surgical Centers (ASCs)
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Major players active in the global sinus dilation devices market are Intersect ENT, Medtronic, InnAccel Technologies, SinuSys Corporation, Olympus Corporation, B. Braun Melsungen AG, Acclarent, Inc., Smith & Nephew Plc., and Entellus Medical, Inc.
Key Takeaways of the Sinus Dilation Devices Market:
The global sinus dilation devices market is expected to exhibit a CAGR of 8.56% over the forecast period, owing to increasing prevalence of chronic sinusitis
Among product type, the balloon sinuplasty systems segment held a dominant position in the sinus dilation devices market in 2017 owing to higher adoption rate for sinusitis treatment.
Among end user, hospitals and clinics segment held a dominant position in the sinus dilation devices in 2018. This is attributed to the fact that the number of patients visiting hospital and clinical settings is higher as compared to ambulatory surgical centers.
Key players operating in the global sinus dilation devices market include, Entellus Medical, Inc., Smith & Nephew Plc., Acclarent, Inc., B. Braun Melsungen AG, Medtronic Plc, Olympus Corporation, SinuSys Corporation, InnAccel Technologies, Intersect ENT, Inc.
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Table of Content
Global Sinus Dilation Devices Market Research Report
Section 1: Global Sinus Dilation Devices Industry Overview
Section 2: Global Economic Impact on Sinus Dilation Devices Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Sinus Dilation Devices Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
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