Global Sinus Dilation Devices Market Size (2024 - 2029)

The sinus dilation devices market is projected to experience significant growth over the forecast period, driven by the increasing demand for minimally invasive surgical procedures and the high prevalence of sinusitis globally. The market's expansion is supported by the resurgence in surgical activities post-COVID-19, as healthcare systems return to normal operations and the demand for sinus dilation products rises. Despite potential challenges such as surgical risks, complications, and a shortage of skilled professionals, the market is expected to recover and grow, fueled by new product launches and the growing need for sinus-related surgeries.

Market Size of Global Sinus Dilation Devices Industry

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Sinus Dilation Devices Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 8.80 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Sinus Dilation Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Sinus Dilation Devices Market Analysis

The sinus dilation market is expected to register a CAGR of 8.8% during the forecast period of the study.

The COVID-19 pandemic led to interruptions in routine patient care. Many healthcare organizations canceled routine clinic visits and elective surgeries to increase and maintain the availability of intensive care and inpatient care beds and have reorganized medical and nursing staff. This had particularly interrupted care for patients with chronic rhinitis. Also, several adjacent infections were widely reported in COVID-19 infected patients, like fungal sinusitis. For instance, as per the article published in February 2022 in JFMPC, researchers reported that many patients presented with clinical signs and symptoms of fungal infection with a history of COVID-19. This occurred due to the multiple secondary fungal infections because of immune dysregulation, widespread use of steroids, high glycemic index, prolonged hospital stay in intensive care units, and increased ferritin levels. However, with the decreasing number of cases, the long-term impact of the SARS-CoV-2 virus on humans, and large-scale vaccination programs worldwide, the studied market is expected to regain its full growth potential over the forecast period of the study.

The increasing popularity and demand for minimally invasive surgeries owing to their benefits such as smaller incisions, less scarring, high accuracy and decreased risk of complications, shorter hospital stays, and others, coupled with the high burden of sinusitis around the world are expected to be significant growth factors that are fueling growth in the sinus dilation devices market. Further, with the growing number of surgeries and increasing demand for minimally invasive surgical procedures, the demand for sinus dilation products is expected to increase, which will boost growth in the studied market over the forecast period of the study. For instance, in February 2021, Intersect ENT, Inc. launched its new Straight Delivery System packaged with the company's PROPEL Mini (mometasone furoate) Sinus Implant. The combined packaging of the SDS with PROPEL Mini received premarket approval from the FDA. Hence, with the rising number of sinus-related surgeries, the demand for sinus dilation products is expected to increase, which is expected to fuel growth in the studied market.

Thus, due to the rise sinus related issues and the surge in sinus dilation product launches, the studied market is anticipated to grow over the forecast period. However, factors such as risks, complications associated with sinus surgeries, and lack of skilled healthcare professionals are expected to restrain the growth of the sinus dilation devices market during the forecast period.

Sinus Dilation Devices Industry Segmentation

As per the scope of the report, sinus dilation is a widely practiced, simple sinus procedure that has been designed to open blocked sinus passages, allowing for adequate airflow and drainage. The goal of sinus dilation (SD) is to end the cycle of sinusitis (sinus infections) once and for all, and the devices used for this procedure include stents, balloon dilation devices, endoscopes, etc. The Sinus Dilation Market is segmented by Product (Balloon Sinus Dilation Devices, Sinus Implants, Handheld Instruments, Endoscopes, and Other Products), Procedure (Standalone Sinus Dilation Procedures, and Hybrid Sinus Dilation procedures), End-User (Hospital, Specialty Clinic, and Other End-Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Product
Balloon Sinus Dilation Devices
Sinus Implants
Handheld Instruments
Endoscopes
Other Products
By Procedure
Standalone Sinus Dilation Procedures
Hybrid Sinus Dilation Procedures
By End-User
Hospital
Specialty Clinic
Other End-Users
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Global Sinus Dilation Devices Market Size Summary

The sinus dilation devices market is poised for significant growth, driven by the increasing demand for minimally invasive surgical procedures and the rising prevalence of sinusitis globally. The market is expected to recover and expand following the disruptions caused by the COVID-19 pandemic, which had temporarily halted routine patient care and elective surgeries. The resurgence in demand for sinus dilation products is attributed to the benefits of minimally invasive surgeries, such as reduced scarring, shorter recovery times, and lower complication rates. The introduction of innovative products, like the Straight Delivery System by Intersect ENT, further underscores the market's potential for expansion. However, challenges such as the risks associated with sinus surgeries and a shortage of skilled healthcare professionals may temper growth.

The balloon sinus dilation segment is anticipated to capture a substantial market share due to its increasing adoption and technological advancements. The availability of various devices, such as the NuVent balloon sinus dilation system and the VenSure balloon sinus dilation system, highlights the ongoing innovation in this area. North America is expected to hold a significant share of the market, driven by a robust healthcare infrastructure and a high burden of sinusitis-related conditions. The region's market growth is further supported by new product launches and the prevalence of risk factors like smoking and chronic allergies. The competitive landscape is characterized by key players such as Medtronic, Olympus Corporation, and Smith & Nephew, who are actively engaging in strategic activities to enhance their market presence.

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Global Sinus Dilation Devices Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Demand for Minimally Invasive Procedures and Increasing Prevalnce of Sinusitis

      2. 1.2.2 Technological Advancements in Sinus Dilation Devices

    3. 1.3 Market Restraints

      1. 1.3.1 Risks Associated with Sinus Surgeries and Lack of Skilled Specialists

    4. 1.4 Porter Five Forces

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value in USD Million)

    1. 2.1 By Product

      1. 2.1.1 Balloon Sinus Dilation Devices

      2. 2.1.2 Sinus Implants

      3. 2.1.3 Handheld Instruments

      4. 2.1.4 Endoscopes

      5. 2.1.5 Other Products

    2. 2.2 By Procedure

      1. 2.2.1 Standalone Sinus Dilation Procedures

      2. 2.2.2 Hybrid Sinus Dilation Procedures

    3. 2.3 By End-User

      1. 2.3.1 Hospital

      2. 2.3.2 Specialty Clinic

      3. 2.3.3 Other End-Users

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Global Sinus Dilation Devices Market Size FAQs

The Global Sinus Dilation Devices Market is projected to register a CAGR of 8.80% during the forecast period (2024-2029)

Medtronic, Olympus Corporation, Smith & Nephew, Stryker Corporation and Meril Life Sciences Pvt. Ltd. are the major companies operating in the Global Sinus Dilation Devices Market.

Sinus Dilation Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)