According to IMARC Group latest report titled “Sinus Dilation Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on sinus dilation devices industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global sinus dilation devices market reached a value of US$ 2.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2027, exhibiting a CAGR of 8.8% during 2022-2027.

Sinuses are the skull's linked system of cavities. The purpose of the sinuses is to secrete mucus and thus keep the nasal cavity from drying up. It is characterized by inflammation along the sinus lining, which leads to facial pain, sinus headache, difficulty breathing, fatigue, tooth pain, and loss of sense of smell and taste. To remove the blockage in the sinus cavity openings, sinus dilation devices are used. These devices are medical devices used to expand the sinus openings of a patient's nose to treat drainage issues related to nasal sinuses or sinusitis. Stents, endoscopes, and minimally invasive balloon sinuplasty are the instruments used for sinus dilation.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The global market is majorly driven by the increasing prevalence of chronic sinusitis cases. In line with this, the rising preferences of patients toward minimally invasive surgeries are positively influencing the market. Furthermore, the growing benefits of balloon sinuplasty/sinus dilation over conventional sinus surgeries are catalyzing the market. Apart from this, the prevalence of favorable reimbursement policies of the government of various countries is creating a positive outlook for the market. Moreover, heavy investments in the healthcare sector and rapid technological advancements are favoring market growth. Besides, the rising purchasing power is enabling people to opt for technologically advanced ENT treatments, including sinus dilation, thereby propelling market growth. Additionally, multiple players are focusing on introducing novel sinus dilation devices, thereby providing a boost to the market.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

• Aetna Inc. (CVS Health Corporation)
• Dalent Medical
• Innaccel Technologies Pvt. Ltd
• Intersect ENT Inc.
• Johnson & Johnson
• Karl Storz SE & Co. KG
• Medtronic plc
• Meril Life Sciences Pvt. Ltd
• Olympus Corporation
• Sinusys Corporation
• Smith & Nephew plc
• Stryker Corporation

Sinus Dilation Devices Market Segmentation:

Our report has categorized the market based on region, product, procedure, patient type and end use industry.

Breakup by Product:

• Balloon Sinus Dilation Devices
• Sinus Implants
• Handheld Instruments
• Endoscopes
• Others

Breakup by Procedure:

• Standalone
• Hybrid

Breakup by Patient Type:

• Adult
• Pediatric

Breakup by End User:

• Hospitals
• Ambulatory Surgical Centers
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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