Sinus Dilation Devices Market to 2026 with data by product types, applications and regional analysis
The global sinus dilation devices market was valued at US$ 1,484.7 Mn in 2017 expanding at a CAGR of 8.8% from 2018 to 2026.
SANJOSE, United States – January 31, 2019 /MarketersMedia/ —
The latest market report published by Credence Research, Inc. “Sinus Dilation Devices Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global sinus dilation devices market was valued at US$ 1,484.7 Mn in 2017 expanding at a CAGR of 8.8% from 2018 to 2026.
Market Insights:
The global sinus dilation devices market is projected to grow at a rapid rate during the forecast period. Growing inclination towards minimally invasive surgical procedures have augmented the demand for sinus dilation devices globally. For instance, balloon sinuplasty which uses balloon sinus dilation devices has revolutionized the sinus surgery since its inception due to highly advanced technology that uses dilatational technology to dilate the sinus ostia using minimally invasive technique. Balloon sinus dilation devices emerged as the largest and the most attractive segment by product type owing to these benefits and most of the industry participants are focusing on R&D and product innovation in balloon sinus dilation devices. Another prime factor driving the sinus dilation devices market is the growing prevalence of chronic rhinosinusitis globally. Increasing air pollution has led to the increased exposure to infectious pathogens thereby growing the risk of sinusitis. Moreover, better diagnosis of sinusitis due to novel endoscopy and computed tomography imaging have increased the diagnosis rate. This in turn, has augmented the potential patient pool and thereby increased the demand for sinusitis treatments. However, development of highly potent drug treatment for sinusitis would act as hindrance for the sinus dilation devices market.
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In terms of end-user, hospitals end-user segment held the largest share in the global sinus dilation devices market owing higher affordability for advanced technologies and presence of highly equipped hospitals in developed economies. Moreover, people in regions like Asia Pacific and Latin America prefer hospitals for surgical procedures over clinics and ambulatory surgical centers. Growing number of ambulatory surgical centers in the western countries will augment the growth the forecast period. In terms of geography, North America held the largest revenue share in 2017 owing high prevalence of sinusitis in the region. U.S. dominated the North America region with more than 86% market share. Early access to sophisticated technologies, high diagnosis rate of sinusitis, awareness regarding latest minimally invasive surgical technologies and effective reimbursement structure have led the market growth in the United States. Asia Pacific will poised to grow at fastest rate during the forecast period owing to larger patient pool in the region. Investments by foreign companies and product innovation by regional companies will drive the market in the region. Demand for minimally invasive surgeries in countries such as China, Japan, Singapore, India and others and improving healthcare infrastructure will augment the growth of Asia Pacific sinus dilation devices market. The key players operating in the sinus dilation devices market include Medtronic Plc, Smith & Nephew Plc, Acclarent, Inc., Olympus Corporation, SinuSys Corporation, and Entellus Medical among others.
Key Market Movements:
Growing prevalence of chronic sinusitis globally driving the demand for sinus dilation devices market
Technological advancements and product innovation in the sinus dilation devices market
Growing inclination towards minimally invasive surgeries and patient safety
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ToC:
Chapter 3. Sinus Dilation Devices: Market Dynamics and Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Sinus Dilation Devices Market, by Key Players, 2017
Chapter 4. Global Sinus Dilation Devices Market, by Product Type, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Balloon Sinus Dilation Devices
4.3. Sinus Implants
4.4. Sinuscopes
4.5. Rhinoscopes
4.6. Functional Endoscopic Sinus Surgery (FESS) Instruments
Chapter 5. Global Sinus Dilation Devices Market, by End-User Type, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. Hospitals
5.3. Clinics
5.4. Ambulatory Surgical Centers
Chapter 6. Global Sinus Dilation Devices tors Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. North America Sinus Dilation Devices Market Analysis, 2016 – 2026
6.1.1. North America Sinus Dilation Devices Market, by Product Type, 2016 – 2026 (US$ Mn)
6.1.2. North America Sinus Dilation Devices Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.1.3. North America Sinus Dilation Devices Market, by Country, 2016 – 2026 (US$ Mn)
6.1.3.1. U.S.
6.1.3.2. Canada
6.2. Europe Sinus Dilation Devices Market Analysis, 2016 – 2026
6.2.1. Europe Sinus Dilation Devices Market, by Product Type, 2016 – 2026 (US$ Mn)
6.2.2. Europe Sinus Dilation Devices Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.2.3. Europe Sinus Dilation Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific Sinus Dilation Devices Market Analysis, 2016 – 2026
6.3.1. Asia Pacific Sinus Dilation Devices Market, by Product Type, 2016 – 2026 (US$ Mn)
6.3.2. Asia Pacific Sinus Dilation Devices Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.3.3. Asia Pacific Sinus Dilation Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America Sinus Dilation Devices Market Analysis, 2016 – 2026
6.4.1. Latin America Sinus Dilation Devices Market, by Product Type, 2016 – 2026 (US$ Mn)
6.4.2. Latin America Sinus Dilation Devices Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.4.3. Latin America Sinus Dilation Devices Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa Sinus Dilation Devices Market, 2016 – 2026
6.5.1. Middle East & Africa Sinus Dilation Devices Market, by Product Type, 2016 – 2026 (US$ Mn)
6.5.2. Middle East & Africa Sinus Dilation Devices Market, by End-User Type, 2016 – 2026 (US$ Mn)
6.5.3. Middle East & Africa Sinus Dilation Devices Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa
Chapter 7. Company Profiles
7.1. Acclarent, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Creganna Medical
7.3. dalENT Medical
7.4. Entellus Medical
7.5. InAccel
7.6. Intersect ENT
7.7. Jilin Coronado Medical
7.8. Medtronic Plc
7.9. Smith & Nephew Plc
7.10. Meril Life Sciences
7.11. Olympus Corporation
7.12. SinuSys Corporation
……………………toc continued
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