Home Press Releases Sinus Dilation Devices Market Size Worth $4.6 Billion By 2030 | CAGR: 6.50%

Sinus Dilation Devices Market Size Worth $4.6 Billion By 2030 | CAGR: 6.50%

The global sinus dilation devices market size is expected to reach USD 4.6 billion by 2030, according to a new study by Polaris Market Research. The report “Sinus Dilation Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Balloon Sinuplasty System, Endoscopes, Sinus Stents and FESS Instrument Set); By Procedure; By Application; By End Use; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The increasing demand for sinusitis dilation procedures for clinical management of sinusitis along with a high prevalence of sinus disorders among respiratory patients, is anticipated to drive the demand for sinus dilation procedures. This, along with adoption of minimally invasive surgeries among ENT surgeons, are some key factors promoting the growth of the market.

 

For instance, in September 2022, Acclarent announced its regulatory approval of TruDi Navigation System, designed for incision and removal of soft tissue in sinus procedures using their proprietary TruDi shaver blade. The product launch is aimed at catering to the rising demand and greater adoption of minimally invasive surgeries in sinus surgeries owing to reduced bleeding, better patient turnaround time, and higher patient compliance as compared to traditional sinus disorder management.

 

According to an article published by the Journal of Allergy and Clinical Immunology in June 2022, the prevalence of chronic rhinosinusitis in patient population was found to as high as 10% with one-third of these patients having nasal polyps. The rising incidence of rhino sinusitis and nasal polyps among patient population along with increasing awareness of the aforementioned surgical techniques, is expected to drive the growth of market.

 

This, combined with an increase in product availability and active initiatives by key companies to commercialize sinus dilation product portfolio in key countries, is anticipated to cater to the rising demand and bolster the growth of the market.

 

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Moreover, major manufacturers focusing at gaining regulatory approvals to commercialize key products combined with participating in healthcare conferences to exhibit innovative technological devices are anticipated to cater to the rising demand for novel surgical solutions. For instance, according to a study published by International Journal of Allergy and Rhinology in June 2022, the post-operative benefits of balloon sinuplasty were reported to be successful, with retention of increased maxillary size after 12 months post-operation.

 

Sinus Dilation Devices Market Report Highlights

  • FESS instrument set segment is anticipated to grow rapidly over the forecast period, owing to the increasing applications of the product in complex procedures to treat chronic and acute rhino sinusitis of recurrent or refractory nature.
  • Hybrid procedures accounted for a great number of global revenue share owing to the increasing demand of multifaceted surgical systems along with availability of hybrid surgical systems on offer by key manufacturers.
  • Adult segment is projected to attain a substantial revenue share over the study period, due to a larger adult patient pool undergoing diagnosis.
  • North America is expected to grow significantly over the projected period, owing to rising prevalence of sinusitis with increasing awareness of surgical techniques to manage these disorders.
  • The global players include Stryker Corporation, Medtronic., Smith & Nephew, Sinusys Corporation, Olympus Corporation, Sklar Surgical Instruments, Accurate Surgical, Intersect ENT, Acclarent, and Erbe Elektromediz, among others.

 

Polaris Market Research has segmented the sinus dilation devices market report based on product type, procedure, application, end use and region:

 

Sinus Dilation Devices, Product Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Balloon Sinuplasty System
  • Endoscopes
  • Sinus Stents
  • FESS Instrument Set

Sinus Dilation Devices, Procedure Outlook (Revenue – USD Billion, 2018 – 2030)

  • Standalone
  • Hybrid

Sinus Dilation Devices, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Pediatric
  • Adult

Sinus Dilation Devices, End Use Outlook (Revenue – USD Billion, 2018 – 2030)

  • Hospitals & ENT Clinics
  • Ambulatory Surgical Centers

Sinus Dilation Devices, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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