Sinus Dilation Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Sinus Dilation Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : September, 2020 | Medical Devices | PPT format

Report Digest


Sinus Dilation Devices Market: Overview

The global sinus dilation devices market is expected to witness an aggressive growth during the forecast period 2018 – 2028, owing to rise in healthcare expenditure particularly in the developed countries as well as in emerging countries. Emerging economies to play a vital role in the growth of the market. Growing inclination towards minimally invasive treatments in regions such as Asia Pacific to augment market growth over the tenure period. Sinuses are hollow sacks present in heads which are responsible to secrete mucus and prevent nasal cavity from drying. However at times, the opening of sinuses is blocked, thus trapping the mucus in the sinuses, causing congestion, inflammation of the sinus, and headache. Rise in adoption of minimally invasive surge in developed countries along with developing countries is likely to provide a significant boosts to the market due to lesser hospital stays and less recovery time.

Sinus Dilation Device Market: Drivers and Restraints

Increasing cases of sinusitis all across the world is anticipated to provide extra momentum for dilation devices market. Sinusitis not only affects adults, as major population in the U.S who are under the age of 18 years face severe sinusitis. Rising cases of chronic sinusitis is foreseen to provide a new scope for players present in the market. Apart from these, rapid advancement in technology is helping the manufacturers come up with new devices like balloon sinus dilation systems. This is likely to provide an extra boosts to the market growth. Balloon sinus dilation system is likely to be preferred more by physicians as this devices are less invasive and more effective. Growing initiatives by government of various countries, particularly developing countries to develop healthcare infrastructure is anticipated to bode well with the market growth. Rise in investment to develop new market devices to propel sinus dilation devices market growth.

However, keeping aside the drivers, the sinus dilation devices market is confronted by several restraints which are likely to hamper market growth. Rise in intake of prescription drugs such as decongestants and antibiotics to treat sinusitis is likely to dissuade users from adopting sinus dilation devices.

Sinus Dilation Device Market: Market Potential

Recently, Intersect ENT, a major player in the sinus dilation device market announced the launch of SINUVA sinus implant. The company mentioned that this will be a new way of treating nasal polyp disease in patients who are adults and already had sinus surgery. This is a new in-office treatment which promises to reduce symptoms of nasal congestion and polyps.

Sinus Dilation Device Market: Regional Outlook

On the basis of region, North America is anticipated to dominate the global sinus dilation devices market. Presence of major players in the sinus dilation devices market and their efforts to expand their product portfolio is favoring the region to grow exponentially. However, it has been noticed that Asia Pacific is predicted to exhibit fastest CAGR over the tenure period owing to growing cases of sinusitis in the region. Rise in preference for adopting sinus dilation device is also favoring the region to grow.

Sinus Dilation Device Market: Competitive Analysis

Some of the major players in the sinus dilation devices market are Enetellus Medical, Inc., SinuSys Corporation, Medtronic PLC, Acclarent, Inc., and Olympus Coporation.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?