Sinus Dilation Market Size, Share, Growth Analysis by 2027

report image

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)

Publication Month: Aug 2020 | Report Code: TIPRE00002880 | No. of Pages: 172 | Category: Medical Device | Status: Published

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

Get more information on this report :


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.

Strategic Insights

Report Coverage - Sinus Dilation Market
Report CoverageDetails
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
No. of Pages172
No. of Tables96
No. of Charts & Figures69
Historical data availableYes
Segments coveredProduct, Procedure Type, and End User
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

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.

Frequently Asked Questions

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.
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
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
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the sinus dilation market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global sinus dilationmarket, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TIPRE00002880
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.

Get the Latest COVID-19 Analysis on this market




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.

Speak to Analyst
Pricing
  • $3000
  • $4550 $3640
  • $6550 $5240
  • $8550 $6840

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount