Sinus Dilation Market Size, Share, Growth Analysis by 2027

Sinus Dilation Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product (Endoscopes, Balloon Sinus Dilation Devices, Sinus Stents/Implants, and Handheld Instruments), Procedure Type (Standalone Sinus Dilation Procedures and Hybrid Sinus Dilation Procedures), and End User (Hospitals, ENT Clinics, and Ambulatory Surgical Centers)

  • Report Code : TIPRE00002880
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 172
Buy Now

The sinus dilation market size is estimated to reach US$ 3,859.75 million by 2027 from US$ 1,918.73 million in 2019; it is expected to grow at a CAGR of 9.3% during 2019–2027.

Sinus dilation refers to a minimally invasive surgical procedure performed to reshape anatomy to expand sinus pathways and restore drainage. The procedure utilizes small balloons placed in key places in the nose and sinus, dilated to develop the sinus pathways. The sinus dilation market growth is attributed owing to increasing prevalence of chronic sinusitis, growing number of product approvals, and rising popularity of minimally invasive surgeries. However, risks associated with sinus surgical procedures and low adoption of surgical procedures due to the availability of alternative sinusitis-related drugs may hinder the growth of the market.

Lucrative Regions for Sinus Dilation Market

Lucrative Regions for Sinus Dilation Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Increasing Number of Product Approvals

The incidences of chronic rhinosinusitis (CRS) are rising continuously, affecting one in seven people across the world. Subsequently, it has driven the implementation of long-term medical management and functional endoscopic sinus surgery (FESS). Furthermore, technological developments allow various market players to innovate technically advanced medical devices to treat CRS through minimally invasive procedures efficiently. Balloon sinuplasty is the widely used procedure to treat CRS, and various market leaders are developing balloon sinus dilation devices. With developments in balloon sinuplasty, various regulators are approving medical devices. In the past few years, the US Food and Drug Administration (FDA) approved several devices such as Acclarent Relieva Sinus Balloon Catheter of Acclarent, Inc. (Johnson and Johnson) in August 2005, Entellus FinESS device (Entellus Medical) in June 2008, Entellus XprESS Multi-Sinus Dilation Tool (Entellus Medical) in September 2010, Ventera Sinus Dilation System (Smith & Nephew) in 2012, and NuVEnt Sinus Dilation System (Medtronic plc) in July 2013. Similarly, in recent years, the FDA approved many new devices. For instance, in July 2016, FDA approved Vent-Os Sinus Dilation System (SinuSys Corporation), and in October 2017, Relieva SpinPlus Nav Balloon Sinuplasty System (Acclarent, Inc.) received FDA’s approval. Developments in the medical device sector are enhancing the companies’ product portfolio. Moreover, increasing product approvals are assisting in improving people's health across the world and are eventually leading to sinus dilation market growth.

Product-Based Insights

The global sinus dilation market, based on product, is segmented into endoscopes, balloon sinus dilation devices, sinus stents/implants, and handheld instruments. The balloon sinus dilation devices segment held the largest share in 2019. However, the sinus stents/implants segment is expected to witness the highest growth from 2019 to 2027. Balloon sinus dilation devices have emerged as the most attractive segment due to the benefits associated with it such as lower risk of bleeding, no intended damage or removal of sinus tissues, structures, mucous membranes, and nasal bones or sinus cartilage.

Procedure Type-Based Insights

The global sinus dilation market, based on procedure type, is bifurcated into standalone sinus dilation procedures and hybrid sinus dilation procedures. The standalone sinus dilation procedures held a larger share in 2019. However, the hybrid sinus dilation procedures segment is expected to witness a faster growth from 2019 to 2027. The growth of this segment can be attributed to the benefits offered by standalone sinus dilation procedures such as quick relief and reduction in long-lasting cold symptoms and blocked nose. Moreover, the high adoption of these procedures among geriatric patients due to minimal surgical complications is expected to aid the sinus dilation market.

End User-Based Insights

The global sinus dilation market, based on end user, is segmented into hospitals, ambulatory surgical centers, and ENT clinics. The hospitals segment held the largest share in 2019 and is expected to witness lucrative growth from 2019 to 2027. The growth of the hospital segment can also be attributed due to the rise in the number of surgical procedures performed in these settings and the availability of favorable reimbursement policies. The faster development of healthcare infrastructure facilities and a surge in healthcare spending in developing countries have assisted the growth of the global market.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Sinus Dilation Market: Strategic Insights

sinus-dilation-market
Market Size Value inUS$ 1,918.73 million in 2019
Market Size Value byUS$ 3,859.75 million by 2027
Growth rateCAGR of 9.3% from 2019 to 2027.
Forecast Period2019-2027
Base Year2019
Analyst Image

Akshay

Have a question?

Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Product launches and approvals are commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the sinus dilation market players focus on the partnership strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name across the world. The sinus dilation market share is anticipated to flourish with the development of new innovative products by market players. Some of the companies included in our research scope are 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.

  • In August 2020, Acclarent Inc. received FDA clearance for its Next Generation Balloon Dilation System, an integrated balloon sinuplasty (BSP) and Eustachian tube (ET) dilation device intended to provide a means to access the sinus space within/across nasal and sinus structures
  • In June 2016, the FDA expanded the indication for Medtronic’s ($MDT) NuVent sinus dilation balloon to include patients with scarred, granulated or previously surgically altered tissue. The expanded indication was based on a prospective, nonrandomized, nonblinded, single-arm study conducted at multiple sites in the US. While the bulk of these cases are treated with antibiotics, decongestants and saline sprays, some patients must undergo sinus surgery to find relief.
  • In October 2016, Pacific specialists are among the first to perform minimally invasive balloon sinuplasty using NuVent 3D-Navigation to open blocked sinus pathways.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product, Procedure Type, and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What are sinus dilation devices?

The Sinus dilation devices include endoscopes and handheld devices used during sinus dilation procedures for visualization and support the surgical procedures in sinus disorders. Based on the product, the market for sinus dilation devices has been segmented into balloon sinus dilation devices, endoscopes, sinus stents / implants and handheld instruments. Balloon sinus dilation devices are increasingly adopted in major hospitals and specialty clinics.

What are the driving factors for the sinus dilation market across the globe?

The factors that are driving growth of the market are increasing product approvals, increasing prevalence of sinus related disorders, and increasing preference for minimally invasive sinus surgical procedures are expected to boost the growth of the global sinus dilation market

Who are the major players in the sinus dilation market?

The sinus dilation market majorly consists of the players such as Acclarent, inc., Aed.md, Dalent medical, Entellus Medical, inc., Innaccel, Intersect ENT, Inc., Medtronic, Olympus Corporation, SinusysCorporation, and Smith and Nephewandamong others.

The List of Companies - Sinus Dilation Market

  1. Acclarent, Inc.
  2. Aed.MD
  3. DalentMedical
  4. Entellus Medical, Inc.
  5. Innaccel
  6. Intersect ENT, inc.
  7. Medtronic
  8. Olympus Corporation
  9. SinusysCorporation
  10. Smith and Nephew

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Sinus Dilation Market