Sinus Dilation Devices Market Report by Product (Balloon Sinus Dilation Devices, Sinus Implants, Handheld Instruments, Endoscopes, and Others), Procedure (Standalone, Hybrid), Patient Type (Adult, Pediatric), End User (Hospitals, Ambulatory Surgical Centers, and Others), and Region 2023-2028
The global sinus dilation devices market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.43% during 2022-2028.
Sinus dilation, also known as balloon sinuplasty, is a minimally invasive procedure that opens blocked sinus passages, allow adequate airflow, and restore natural drainage. It relies on various implantable devices to improve the patency of sinus openings, deliver local medication, and reduce postoperative inflammation. As these devices help in quick recovery, they are gaining traction over conventional sinus devices to treat chronic rhinosinusitis (CRS) refractory worldwide. Besides this, they can be combined with other techniques for patients with significant inflammation in the ethmoid or other sinuses. Nowadays, several manufacturers are introducing devices integrated with microsensors to determine device position during surgeries.
Sinus Dilation Devices Market Trends:
Factors like nasal polyps, nasotracheal tubes, allergic rhinitis, deviated septum, facial bone abnormalities, swollen adenoids, and cleft palate increase the likelihood of developing chronic sinusitis. This, coupled with a significant rise in the prevalence of these factors among the geriatric population, represents one of the key factors bolstering the market growth. In addition to this, the growing number of patients with tumors, diabetes, cystic fibrosis, ciliary dyskinesia, Kartagener syndrome, and human immunodeficiency virus (HIV) infection is contributing to market growth. Moreover, children generally have a higher risk of developing acute bronchitis, including sinusitis. This, in confluence with the increasing concerns among parents about the health of their children, is catalyzing the demand for sinus dilation surgeries and devices around the world. Apart from this, the emerging trend of minimally invasive surgeries (MIS) over conventional open surgeries is influencing the market positively. Furthermore, the improving healthcare infrastructure and rising funding to introduce novel sinus dilation devices are projected to offering lucrative growth opportunities to market players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sinus dilation devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, procedure, patient type and end user.
Breakup by Product:
Balloon Sinus Dilation Devices
Sinus Implants
Handheld Instruments
Endoscopes
Others
Breakup by Procedure:
Standalone
Hybrid
Breakup by Patient Type:
Adult
Pediatric
Breakup by End User:
Hospitals
Ambulatory Surgical Centers
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aetna Inc. (CVS Health Corporation), Dalent Medical, Innaccel Technologies Pvt. Ltd, Intersect ENT Inc., Johnson & Johnson, Karl Storz SE & Co. KG, Medtronic plc, Meril Life Sciences Pvt. Ltd, Olympus Corporation, Sinusys Corporation, Smith & Nephew plc and Stryker Corporation.
Key Questions Answered in This Report
1. What was the size of the global sinus dilation devices market in 2022?
2. What is the expected growth rate of the global sinus dilation devices market during 2023-2028?
3. What are the key factors driving the global sinus dilation devices market?
4. What has been the impact of COVID-19 on the global sinus dilation devices market?
5. What is the breakup of the global sinus dilation devices market based on the product?
6. What is the breakup of the global sinus dilation devices market based on the procedure?
7. What is the breakup of the global sinus dilation devices market based on the patient type?
8. What is the breakup of the global sinus dilation devices market based on the end user?
9. What are the key regions in the global sinus dilation devices market?
10. Who are the key players/companies in the global sinus dilation devices market?