SinusDilation Devices Market Research Report by Product (Sinus Stents, BalloonDilation, Endoscope), Procedure (Hybrid Sinus Dilation), Patient Type(Pediatric, Adults), End-User (Hospitals, ENT Clinics, and Others)-GlobalForecast till 2027
MarketOverview:
Theglobal sinus dilation devices market is expected to register at 8.1%CAGR during the forecast period of 2018 to 2023 and grow to valuationof USD 5,778 Mn by 2023 end reported Market Research Future(MRFR).
KeyPlayers
MRFRlisted the noteworthy companies operating globally in the sinus dilationdevices market. They are
- Sklar Surgical Instruments
- Accurate Surgical & Scientific Instruments
- Bausch & LombIncorporated
- EntellusMedical Inc
- AcclarentInc
- Medtronic plc
- Smith & Nephew plc
- Intersect ENT Inc
- Olympus Corporation
- Meril Life
- Sciences Pvt. Ltd
- SinuSys
- Jilin Coronado Medical Ltd
SegmentalOverview
- MRFR in its report encompasses all the factors influencing the global sinus dilation devices market. The segmental analysis of the market offers a clear understanding of the sinus dilation devices market. Hence, the global sinus dilation devices market study is segmented by product, procedure, by patient type and end-user.
- On the basis of product, the sinus dilation devices market has been segmented into sinus stents, balloon dilation, endoscope, functional endoscopic sinus surgery (FESS) instruments set, and handheld instruments. The endoscope segment has been further narrowed down to rhinoscopyand sinoscopy.
- On the basis of procedure, the sinus dilation devices market has been segmented into hybrid sinus dilation procedure, standalone sinus dilation procedures, and others. Advancements in medical infrastructure is encouraging patients to opt sinus surgeries. The sinus dilation procedures segment is expected to gain traction for generating the largest revenue due to an increase in the number of patients availing for complex sinus surgeries.
- On the basis of patient type, the sinus dilation devices market is segmented into pediatric and adults.
- On the basis of end-user, the sinus dilation devices market is segmented into hospitals, ENT clinics, diagnostic centers, research centers, and others.
RegionalInsights
Thedemographic analysis of the Sinus Dilation Devices Market Share has beensegmented into North America, Europe, Asia Pacific, The Middle East and Africa,and Rest of the World (RoW).
In 2017,the Centers for Disease Control and Prevention data showed that 11.0% of theUnited Nations population were diagnosed with sinusitis. Hike in the sufferingpercentage has been observed over time in the region. This is creating aboundless scope for the key players in the regional market to invest inresearch and developmental activities to provide effective treatment to thepatients. Hence, these factors are anticipated to drive the North Americanmarket growth, thereby, allowing the region to maintain its dilation devicesmarket hegemony in the world. The second largest region after North America togrow to the highest market valuation in the assessment period is Europe, predictsMRFR. The increase in cases of sinusitis coupled with the presence of nasalpolyp in patients is demanding proper medical attention. This is expected todrive the regional sinus dilation devices market proliferation.
The AsiaPacific region is likely to experience the fastest sinus dilation devicesmarket growth. Technical advancement and patients opting for sinus dilation areexpected to augment the regional market.
Although,the Middle East and African regional sinus dilation devices marketgrowth is stationary. The increase in healthcare awareness and initiative takenby governments, in these regions, working towards the medical infrastructuredevelopment can impel the market growth in the region.
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