Global Sinus Dilation Devices Market - Forecasts from 2019 to 2024
The sinus dilation devices market was valued at US$3.785 billion in 2018. The growth is attributed to the preference of minimally invasive procedures. Growing awareness about health and increasing the healthcare market in developing countries like India, China, Brazil the demand for sinus dilation devices also increases.
Sinusitis is a common medical condition in which cavities around nasal known as (sinuses) get inflamed. Symptoms of sinus include nasal block, tenderness, swelling of the face, sore throat, nausea, fatigue or irritability, and pain in jaw and teeth. Sinus dilation devices are employed for the treatment of sinusitis. Sinus dilation devices, such as balloon sinuplasty systems and sinus stents, expand the sinus opening of a patient’s nose during the sinus surgery, thereby treating the drainage problem associated with the nasal sinuses.
Sinus dilation devices play a major role in modern healthcare, allowing the sinus openings to expand during nasal sinusitis and provides long-lasting and immediate results. Sinus is responsible for the secretion of mucus. Sinus dilation device is used in nasal sinusitis and nose drainage issues. The global sinus dilation market can be segmented on the basis of its product type, end-user, and geography.
A surge in the adoption of sinus dilation devices in sinusitis treatment is the key factor in driving industry growth. Growing preference for minimally invasive procedures is one of the factors driving the growth of the market. According to the Centre for Disease Control and Prevention, nearly 11% of adults in USA are diagnosed with sinusitis which accounts for nearly 26.9 million adults. Much technological advancement has done over the years to develop sinus dilation devices with lesser side effects and an increase in disposable income with the affordability of the product in developing economies supplement the market growth. However, lower adoption of sinus dilation procedures, especially in under-developed countries due to the availability of sinusitis drugs and post-operative risks associated with sinus surgeries might restrain the growth of the market during the given forecast period.
By Product Type
Based on product type, the market is divided into Balloon Sinus Dilation Devices, Endoscopes and Sinus Stents. The balloon sinus dilation devices market is expected to account for a significant share which may be attributed to the rising prevalence of chronic sinusitis, increasing preference for minimally invasive surgical procedures.
By Geography
Geographically, the sinus dilation devices market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. The use of sinus dilation devices is highest in North America, owing to increased awareness about the sinus surgical procedures, heavy expenditure by the government on healthcare, higher adoption of new technologies among ENT surgeons and otolaryngologists and the presence of major players in this region. In addition, sinus dilation devices manufacturers and distributors have focused on expanding their presence in the emerging economies, which is anticipated to drive the market growth.
Segmentation
The sinus dilation devices market has been segmented by product type, end-user and geography.
Sinusitis is a common medical condition in which cavities around nasal known as (sinuses) get inflamed. Symptoms of sinus include nasal block, tenderness, swelling of the face, sore throat, nausea, fatigue or irritability, and pain in jaw and teeth. Sinus dilation devices are employed for the treatment of sinusitis. Sinus dilation devices, such as balloon sinuplasty systems and sinus stents, expand the sinus opening of a patient’s nose during the sinus surgery, thereby treating the drainage problem associated with the nasal sinuses.
Sinus dilation devices play a major role in modern healthcare, allowing the sinus openings to expand during nasal sinusitis and provides long-lasting and immediate results. Sinus is responsible for the secretion of mucus. Sinus dilation device is used in nasal sinusitis and nose drainage issues. The global sinus dilation market can be segmented on the basis of its product type, end-user, and geography.
A surge in the adoption of sinus dilation devices in sinusitis treatment is the key factor in driving industry growth. Growing preference for minimally invasive procedures is one of the factors driving the growth of the market. According to the Centre for Disease Control and Prevention, nearly 11% of adults in USA are diagnosed with sinusitis which accounts for nearly 26.9 million adults. Much technological advancement has done over the years to develop sinus dilation devices with lesser side effects and an increase in disposable income with the affordability of the product in developing economies supplement the market growth. However, lower adoption of sinus dilation procedures, especially in under-developed countries due to the availability of sinusitis drugs and post-operative risks associated with sinus surgeries might restrain the growth of the market during the given forecast period.
By Product Type
Based on product type, the market is divided into Balloon Sinus Dilation Devices, Endoscopes and Sinus Stents. The balloon sinus dilation devices market is expected to account for a significant share which may be attributed to the rising prevalence of chronic sinusitis, increasing preference for minimally invasive surgical procedures.
By Geography
Geographically, the sinus dilation devices market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. The use of sinus dilation devices is highest in North America, owing to increased awareness about the sinus surgical procedures, heavy expenditure by the government on healthcare, higher adoption of new technologies among ENT surgeons and otolaryngologists and the presence of major players in this region. In addition, sinus dilation devices manufacturers and distributors have focused on expanding their presence in the emerging economies, which is anticipated to drive the market growth.
Segmentation
The sinus dilation devices market has been segmented by product type, end-user and geography.
- By Product Type
- Balloon Sinus Dilation Devices
- Endoscopes
- Sinus Stents
- By End-User
- Hospitals and Clinics
- Ambulatory Surgical Centers
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- UAE
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SINUS DILATION DEVICES MARKET ANALYSIS, BY PRODUCT TYPE
5.1. Introduction
5.2. Balloon Sinus Dilation Devices
5.3. Endoscopes
5.4. Sinus Stents
6. SINUS DILATION DEVICES MARKET ANALYSIS, BY END USER
6.1. Introduction
6.2. Hospitals and Clinics
6.3. Ambulatory Surgical Centers
7. SINUS DILATION DEVICES MARKET ANALYSIS, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. UAE
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. South Korea
7.6.4. India
7.6.5. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Stryker
9.2. Johnson & Johnson
9.3. Olympus
9.4. SinuSys Corporation
9.5. Surtex Instruments Limited
9.6. Smith & Nephew
9.7. Intersect ENT, Inc.
9.8. Medtronic
10. APPENDIX
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. SINUS DILATION DEVICES MARKET ANALYSIS, BY PRODUCT TYPE
5.1. Introduction
5.2. Balloon Sinus Dilation Devices
5.3. Endoscopes
5.4. Sinus Stents
6. SINUS DILATION DEVICES MARKET ANALYSIS, BY END USER
6.1. Introduction
6.2. Hospitals and Clinics
6.3. Ambulatory Surgical Centers
7. SINUS DILATION DEVICES MARKET ANALYSIS, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. UAE
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. South Korea
7.6.4. India
7.6.5. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Stryker
9.2. Johnson & Johnson
9.3. Olympus
9.4. SinuSys Corporation
9.5. Surtex Instruments Limited
9.6. Smith & Nephew
9.7. Intersect ENT, Inc.
9.8. Medtronic
10. APPENDIX
