Sinus Dilation Devices Market - Industry Insights, Top Trends, Drivers, Growth & Forecast to 2025
Category: #business  By Partha Ray  Date: 2019-07-12
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Sinus Dilation Devices Market - Industry Insights, Top Trends, Drivers, Growth & Forecast to 2025

MarketStudyReport.com Adds New Sinus Dilation Devices Market 2019 – 2025 research report providing information and data By Product, By Procedure, By End-use, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 145 Pages with table and figures in it.

U.S. sinus dilation devices market dominated the North America region with more than 90% revenue share in 2018. The growth is attributed to rising incidence of sinusitis in the U.S. and high patient demand for technologically advanced products. Well-established healthcare infrastructure coupled with fair reimbursement policies will boost business growth during the forthcoming years.

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Geriatric population base prone to various diseases due to structural and functional changes will render positive impact on the business growth over the forecast period. Focus of  companies on development of novel and advanced devices will boost the industry growth. Furthermore, favorable reimbursement scenario in developed countries coupled with well-developed healthcare infrastructure will surge the adoption of these procedures. However,  low adoption of sinus surgeries in underdeveloped countries owing to high costs and availability of sinus drugs may impede sinus dilation devices industry growth over the coming years.

Sinus Dilation Devices Market will exceed USD 3 billion by 2025; as per a new research report. Escalating demand for advanced sinus dilation devices in patients with chronic sinusitis is the key impact rendering factor that drives the business growth. According to the Center of Disease Control and Prevention, more than 30.5 million people in the U.S. were suffering from sinusitis in 2017. Changing lifestyle, comorbid diseases and environmental factors may further surge the number of people suffering from sinusitis thereby increasing the demand for sinus dilation procedures. Moreover, growing patient preference towards minimally invasive procedures will favor the sinus dilation devices market growth.

Sinus implants segment was valued at USD 279.2 million in 2018 and is projected to grow significantly during the forecast timeline. Continuous innovations and technological improvements in sinus dilation devices will foster the industry growth. Increasing focus of companies such as Intersect ENT on development of advanced devices that improve post-surgical result will positively impact the segment growth.

Hybrid sinus dilation procedures is anticipated to experience 9.1% CAGR by 2025. Hybrid sinus dilation procedure, a combination of functional endoscopic sinus surgery (FESS) with standalone sinus dilation facilitates procedural performance. High success rate of these procedures along with its benefits over conventional sinus procedures will contribute to the segmental growth.

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China sinus dilation devices accounted for considerable revenue share in 2018 and is estimated to witness lucrative CAGR of 11.6% over the forecast period. Large patient base prone to chronic diseases, increasing patient awareness regarding advanced treatments and rising healthcare expenditures in the country will drive the business growth. Moreover, healthcare reforms in the country will further accelerate the sinus dilation devices market growth.

Some of the prominent business players operating in sinus dilation devices market include Acclarent, Entellus Medical, dalENT Medical, Medtronic, Intersect ENT, SinuSys Corporation, InAccel, Olympus Corporation, Jilin Coronado Medical, Meril Life Sciences and Creganna Medical. Industry competitors are mainly focusing on inorganic strategies such as partnerships, merger and acquisitions to escalate their market position as well as strengthen product portfolio.

Table of content:

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3. Sinus Dilation Devices Industry Insights

Chapter 4. Sinus Dilation Devices Market, By Product

Chapter 5. Sinus Dilation Devices Market, By Procedure

Chapter 6. Sinus Dilation Devices Market, By End-use

Chapter 7. Sinus Dilation Devices Market, By Region

Chapter 8.  Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/sinus-dilation-devices-market                                               

Related Report:

Global Sinus Dilation Devices Market Growth 2019-2024

Chronic sinusitis affects more than 31 million people in the United States. It is more prevalent than heart disease and asthma and has a greater impact on patients? quality of life than chronic back pain or congestive heart failure. The majority of patients with chronic sinusitis are treated with oral antibiotics and/or nasal steroids, which can increase the risk of antibiotic resistance and cause unwanted side effects such as epistaxis (nose bleeds), nasal ulcers, and nasal and oral infections. The most effective treatments are Functional Endoscopic Sinus Surgery (FESS) and balloon dilation at high pressures, which are known to cause significant patient discomfort and are conducted in a surgical suite under general anesthesia or IV sedation.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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