Report : Sinus Dilation Market Forecasts to 2027 - Covid-19 Impact & Global Analysis by Product (Endoscopes, Balloon Sinus Dilation Devices, Sinus Stents/Implants, Handheld); Procedure Type (Standalone Sinus Dilation Procedures, Hybrid Sinus Dilation Procedures); End User (Hospitals, ENT Clinics, Ambulatory Surgical Centers), and Geography
Sinus Dilation Market for Sinus Stent/ImplantstoGrow at Highest CAGR during 2020–2027
According to our new market research study on “Sinus Dilation Marketto 2027 – Global Analysis and Forecast – by Product, by Procedure Type and by End User,” the market is expected to reach US$ 3,859.75 million by 2027 from US$ 1,918.73 million in 2019. The market is estimated to grow with a CAGR of 9.3% from 2020 to 2027.The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth.
Based on Product, the market is segmented in to endoscopes, balloon sinus dilation devices, sinus stents/implants, handheld instruments. In 2019, the balloon sinus dilation devices segment held the largest share of the market and market for sinus stent/implants is expected to grow at the fastest CAGR during the forecast period. This segment is likely to witness a lucrative growth owing to factors such as increased prevalence of chronic sinusitis and the higher adoption of balloon sinuplasty procedures. Moreover, balloon sinuplasty using balloon sinus dilation devices has transformed sinus dilation procedure since its introduction due to highly advanced device that enables use of sophisticated dilatational technology to dilate the sinus ostia using minimally invasive sinus dilation procedures. Additionally, increasing awareness among populace regarding the benefits of sinus dilation procedures along with increasing personal disposable income are some of the factors likely to augment the growth of the segment.
Factors such as various increasing number of product approvals and growing need for surgical procedures to treat sinusitisare expected to boost the growth of the global sinus dilationmarket. However, the market is likely to get impacted by the high cost of sinus dilation procedureduring the forecast period.
Medtronic; Smith & Nephew; Johnson and Johnson Services, Inc.; Stryker Corporation; Intersect ENT, Inc.; Dalent Medical; InnAccel Technologies Pvt Ltd.; Olympus Corporation; SinuSys Corporation, and AED.MD are among the leading companies operating in the sinus dilation market.
The Report Segments Global Sinus Dilation Market as Follows:
Handheld Instruments By Procedure Type
By End User
o South Korea
o Saudi Arabia
o South Africa