Sinus dilation devices market

Sinus Dilation Devices Market, by Product Type (Balloon Sinuplasty Systems Rhinoscopes, Sinuscopes, Sinus Stents, Functional Endoscopic Sinus Surgery (FESS) Instruments Set, and Others), by End User (Hospitals & Clinics and Ambulatory Surgical Centers (ASCs)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

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Jan 2019
CMI2451
160 Pages
Excel & Pdf
Medical Devices

Summary

Global Sinus Dilation Devices Market

Sinus dilation devices play a major role in modern healthcare, allowing the sinus openings to expand during nasal sinusitis and are preferred over antibiotics, decongestants, or steroids, as it provides long-lasting and immediate results.

The global sinus dilation devices market was valued at US$ 2.7 billion in 2017, and is expected to exhibit a CAGR of 8.4% over the forecast period (2018 – 2026).

Figure 1. Global Sinus Dilation devices Market Value (US$ Mn), by Region, 2017

Source: Coherent Market Insights Analysis (2018)

Increasing prevalence of chronic sinusitis is expected to propel growth of the sinus dilation devices market

Sinus dilation device is used in nasal sinusitis and nose drainage issues. High prevalence of chronic sinusitis is expected to propel demand for of sinus dilation devices, which in turn is expected to drive the market growth. According to the Centers for Disease Control and Prevention (CDC), in 2016, around 26.7 million adults in the U.S. were diagnosed with chronic sinusitis. Chronic sinusitis affects 146 per 1000 people in the U.S., while in Canada the estimated prevalence of diagnosed chronic sinusitis is around 2% to 2.5% of the population. Sinusitis results in over 18-22 million physician visits per year in the U.S. The socioeconomic burden is valued at US$ 3.4-5 billion annually, for the treatment of this chronic sinusitis.

Furthermore, according to the study published in the U.S. National Library of Medicine, up to 64% of the patients suffering from acquired immune deficiency syndrome (AIDS) have possibility to develop chronic sinusitis in their course of life.

However, complications such as excessive and prolonged bleeding, post-surgical infections, which can be life threatening such as Methicillin-Resistant Staphylococcus Aureus (MRSA), and rare complications such as cerebrospinal fluid rhinorrhea are expected to limit adoption of sinus dilation devices, thereby hindering the market growth.

A study conducted by American Journal of Rhinology & Allergy in 2014, suggested that the complication rate for balloon sinuoplasty (BSP) was 5.26% and it was 7.35% for conventional functional endoscopic sinus surgery (FESS). Major complications associated with the endoscopic surgeries are due to balloon sinuplasty

Figure 2. Global Sinus Dilation Devices Market Share (%), by Design, 2018 and 2026

Source: Coherent Market Insights Analysis (2018)

Increasing adoption of sinus dilation devices in North America is expected to boost growth of the market

North America holds dominant position in the global sinus dilation devices market, owing to high availability of sinus dilation devices in medical settings. Medications such as antibiotics and topical steroids help to open up blocked sinus passages and relieve symptoms. However, these medicines serve as short-term relive and do not fix the condition permanently, therefore, many people in the U.S. are adopting surgical methods for the treatment of this condition. According to the research published in the National Center for Biotechnology Information (NCBI), over 600,000 ambulatory sinonasal cases are performed each year in the U.S.

One of the minimally invasive and most favorable technique is Balloon Sinus Dilation (BSD). The balloon sinus dilation opens inflamed sinuses restoring normal sinus drainage and function often without tissue or bone removal. According to Entellus Inc.’s annual report, around 552,000 patients underwent FESS procedures in the U.S. in 2015. Out of which, over 55% were well suited for balloon sinus dilation, and the supplementary 30% were apt for hybrid balloon sinus dilation (BSD with FESS).

Key Players

Major players operating in the global sinus dilation devices market include, Entellus Medical, Inc., Smith & Nephew Plc., Acclarent, Inc., B. Braun Melsungen AG, Medtronic Plc, Olympus Corporation, SinuSys Corporation, InnAccel Technologies, and Intersect ENT, Inc.

Table of Content

Table of Contents

Research Objective and Assumption

Research Objectives
Assumptions
Abbreviations

Market Purview

Report Description

Market Definition and Scope

Executive Summary

Market Snippet, By Product Type
Market Snippet, By End User
Market Snippet, By Region

Coherent Opportunity Map (COM)

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Drivers
Restraints
Market Opportunities

Global Sinus Dilation devices Market, By Product Type, 2016 – 2026, (US$ Mn)

Introduction

Market Share Analysis, 2018 and 2026 (%)
Y-o-Y Growth Analysis, 2017 – 2026
Segment Trends

Balloon Sinuplasty Systems

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Rhinoscopes

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Sinuscopes

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Sinus Stents

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Functional Endoscopic Sinus Surgery (FESS) Instruments Set

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Others

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Global Sinus Dilation devices Market, By End User, 2016 – 2026, (US$ Mn)

Introduction

Market Share Analysis, 2018 and 2026 (%)
Y-o-Y Growth Analysis, 2017 – 2026
Segment Trends

Hospitals & Clinics

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Ambulatory Surgical Centers (ASCs)

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

Global Sinus Dilation devices Market, By Region, 2016 – 2026, (US$ Mn)

Introduction

Market Share Analysis, By Region, 2018 and 2026 (%)
Y-o-Y Growth Analysis, For Regions, 2017–2026

North America

Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)

U.S.
Canada

Latin America

Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)

Brazil
Mexico
Argentina
Rest of Latin America

Europe

Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)

Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific

Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)

China
India
Japan
Australia
South Korea
ASEAN
Rest of APAC

Middle East

Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)

GCC
Israel
Rest of Middle East

Africa

Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By End User, 2016 – 2026, (US$ Mn)
Market Size and Forecast, By Country, 2016 – 2026, (US$ Mn)

South Africa
Central Africa
North Africa

Competitive Landscape

Heat Map Analysis
Market Share Analysis
Company Profiles

Entellus Medical, Inc.*

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

Smith & Nephew Plc.

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

Acclarent, Inc.

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

B. Braun Melsungen AG

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

Medtronic Plc

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

Olympus Corporation

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

SinuSys Corporation

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

InnAccel Technologies

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

Intersect ENT, Inc.

Company Overview
Product Type Portfolio
Financial Overview
Key Highlights
Market Strategies

Analyst Views

Section

References
Research Methodology
About Us and Sales Contact

*Browse 36 market data tables and 32 figures on "Sinus Dilation devices Market - Global forecast to 2026”.

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- Frequently Asked Questions -

What are the growth estimates for sinus dilation devices market till 2026?

The global sinus dilation devices market is estimated to surpass US$ 5.7 Billion by 2026.

Which are the prominent sinus dilation devices market players across the globe?

Major players operating in the global sinus dilation devices market include Entellus Medical, Inc., Smith & Nephew Plc., Acclarent, Inc., B. Braun Melsungen AG, Medtronic Plc, Olympus Corporation, SinuSys Corporation, InnAccel Technologies, and Intersect ENT, Inc.

What are the key factors hampering growth of the sinus dilation devices market?

Complications associated with sinus dilation devices such as excessive and prolonged bleeding, and post-surgical infections is one of the major factors that is expected to hamper growth of the market over the forecast period.

What are the key factors driving growth of the sinus dilation devices market?

Increasing prevalence of chronic sinusitis is one of the major factors that is expected to propel growth of the market over the forecast period.

What is the compound annual growth rate (CAGR) of the sinus dilation devices market for next 8 years?

The global sinus dilation devices market is estimated to exhibit a CAGR of 8.4% over the forecast period (2018-2026).

Which segment based on product type, accounted for the highest demand in the sinus dilation devices market?

Among product type, balloon sinuplasty systems segment held a dominant position in the sinus dilation devices market in 2017, owing to higher adoption rate for sinusitis treatment.