The global sinus dilation market may witness the expansion at 8.2% CAGR over the forecast period 2018 to 2026, shares an upcoming Transparency Market Research (TMR) report. It is estimated to have registered the revenue of US$ 2, 021.4mn in the year 2017 and is expected to reach an impressive revenue generation.
Growing inclination towards minimally invasive surgical procedures has 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 the 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 a hindrance for the sinus dilation devices market.
The report analyzes and forecasts the sinus dilation devices market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global sinus dilation devices market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the sinus dilation devices market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of sinus dilation devices market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
Companies Mentioned in Report
The report also profiles the major players in the market in terms of attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Key companies profiled in the global sinus dilation devices market include Medtronic plc, Smith & Nephew plc, Olympus Corporation, KARL STORZ SE & Co. KG, Acclarent, Inc. (Johnson & Johnson), Entellus Medical Inc. (Stryker), Intersect ENT, Inc., SinuSys Corporation, Meril Life Sciences Pvt. Ltd., and Dalent LLC.
The global sinus dilation devices market has been segmented as follows:
Global Sinus Dilation Devices Market, by Product
Global Sinus Dilation Devices Market, by Procedure
Global Sinus Dilation Devices Market, by Patient Type
Global Sinus Dilation Devices Market, by End-user
Global Sinus Dilation Devices Market, by Region
Reasons to Purchase this Report:
- Estimates 2019-2026 sinus dilation devices market development trends with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
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