DUBLIN--(BUSINESS WIRE)--The "Sinus Dilation Devices Market by Product (Balloon Dilation, Stents, Endoscope (Rhinoscopy, Sinoscopy), Handheld), Procedure (Standalone, Hybrid), Patient Type, Patient Care Setting (ENT, Clinic, Hospitals, ASC) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global sinus dilation devices market is expected to reach USD 2.78 billion by 2023 from USD 1.80 billion in 2018, at a CAGR of 9.1%.
High prevalence of chronic sinusitis, growing preference for minimally invasive procedures, benefits of balloon sinuplasty/sinus dilation over conventional sinus surgeries, and favorable reimbursement scenario for sinus procedures in developed countries are the major factors driving the growth of the market. However, the dearth of skilled otolaryngologists and ENT surgeons is expected to challenge market growth to a certain extent.
By product, the sinus dilation devices market is segmented into balloon sinus dilation devices, endoscopes, sinus stents/implants, and handheld instruments. The sinus stents/implants segment is expected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to their drug eluting functionality and reduced scarring and inflammation.
Based on patient care setting, the sinus dilation devices market is segmented into hospitals, ambulatory surgical centers (ASCs), and standalone ENT clinics/In office. During the forecast period, the ENT clinics/in office segment is expected to grow at the highest CAGR. The growth of this segment can be attributed to the increasing number of treatable patients in ENT clinics, faster recovery time, cost-effectiveness, and growing preference for minimally invasive techniques.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Sinus Dilation Devices Market, By Product
7 Balloon Dilation Devices Market, By Type of Procedure
8 Sinus Dilation Devices Market, By Patient Type
9 Sinus Dilation Devices Market, By Patient Care Setting
10 Sinus Dilation Devices Market, By Region
11 Competitive Landscape
12 Company Profiles
- Entellus Medical Inc. (A Subsidiary of Stryker)
- Acclarent, Inc. (A Subsidiary of Johnson & Johnson)
- Smith & Nephew PLC
- Intersect ENT, Inc.
- Sinusys Corporation
- Innaccel Pvt. Ltd
- Meril Life Sciences Pvt Ltd.
- Jilin Coronado Medical Ltd.
- Dalent LLC.
- Creganna Medical.
For more information about this report visit https://www.researchandmarkets.com/research/dwk4tl/sinus_dilation?w=4