openPR Logo
Press release

What's driving Sinus Dilation Devices Market ; Eminent Players - Acclarent, Creganna Medical, dalENT Medical, Entellus Medical, InAccel, Intersect ENT, Jilin Coronado Medical, Medtronic, Meril Life Sciences, Olympus Corporation and SinuSys Corporation

06-11-2019 03:03 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Sinus Dilation Devices Market

Sinus Dilation Devices Market

Sinus Dilation Devices Market size is set to exceed USD 3 billion by 2025; according to a new research report by Global Market Insights.
Sinusitis affects a large population base across the world. As per the Center of Disease Control and Prevention’s National Health Interview Survey, 30.8 million people in the U.S. were diagnosed with sinusitis in 2017. Furthermore, lifestyle changes, comorbid diseases as well as environmental factors will further surge the number of people suffering from sinusitis. Growing rate of chronic sinusitis will offer high growth opportunities to the players operating in the sinus dilation devices market and thereby will accelerate the industry size in coming years.

Rapidly ageing population base prone to various chronic diseases owing to functional and structural changes will serve to be a major impact rendering factor on sinus dilation devices business growth. According to the United Nation’s World Population Ageing report, there were 962 million people in 2018 aged 60 years and above and the number is estimated to double to reach 2.1 billion by 2050. Moreover, technological advancement in sinus dilation devices will further favor industry growth. However, limited adoption of sinus dilation procedures in under developed economies owing to presence of sinusitis drugs and high procedure cost may hamper industry growth over the coming years.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/2749

Balloon sinus dilation devices segment accounted for more than 33% revenue share in 2018 and is anticipated to witness lucrative CAGR during the forthcoming years. High segmental growth is attributable to focus of industry players on product differentiation that help in improving the accuracy of the sinus dilation procedures. Surging demand for balloon sinus dilation devices in sinus treatment will foster segment growth over the forecast period.

Standalone sinus dilation procedures segment accounted for high revenue in 2018 and is estimated to show 9.0% CAGR over the forecast timeframe. Growing cases of sinus in developed as well as developing countries will primarily drive the segment growth. Growing preference for standalone dilation procedures owing to its high success rates will further favor segmental growth.

Hospital segment dominated the sinus dilation devices market with USD 830.4 million revenue in 2018. Growing cases of chronic sinusitis is expected to drive the segment growth during the forecast timeframe. Furthermore, the government in developing countries is undertaking initiatives to lower the cost of sinus dilation procedures being conducted in hospitals thereby fostering the segment growth.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/2749

U.S. sinus dilation devices market dominated North America region with USD 522.2 million in 2018 and is estimated to show similar trend during the forecast timeframe. Growth is attributable to high prevalence of sinusitis in the country. High demand for technologically advanced products coupled with strong foothold of key industry players in the U.S. will further augment the sinus dilation devices business growth.

Germany sinus dilation devices market held significant revenue share in 2018 and is anticipated to witness 7.4% CAGR during the forecast timeframe. Large number of people suffering from acute and chronic sinusitis will drive the business growth. Moreover, well-developed healthcare infrastructure coupled with increasing healthcare spending will further boost the industry growth in Germany.

Notable business competitors operating in the sinus dilation devices market include Entellus Medical, Acclarent, SinuSys Corporation, Medtronic, Intersect ENT, Olympus Corporation, InAccel, dalENT Medical, Meril Life Sciences, Jilin Coronado Medical and Creganna Medical. These competitors implement several inorganic and organic strategic initiatives to strengthen their market position and enhance product portfolio. For instance, in July 2016, SinuSys announced receipt of FDA approval for its entire range of sinus dilation devices. FDA approval for innovative products including Vent-Os system, that offers easy and tolerable sinus dilation, enabled company to enhance product portfolio and strengthen its customer base.

Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Sinus dilation devices industry 360° synopsis, 2014 – 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Procedure trends
2.1.4. End-use trends
2.1.5. Regional trends
Chapter 3. Sinus Dilation Devices Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing prevalence of sinusitis worldwide
3.3.1.2. Technological advancements
3.3.1.3. Rapidly growing geriatric population
3.3.1.4. Favorable reimbursement scenario in developed countries
3.3.2. Industry pitfalls and challenges
3.3.2.1. Lower adoption of sinus dilation devices in underdeveloped countries
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By procedure
3.4.3. By end-use
3.5. Porter’s analysis
3.6. Competitive landscape, 2017
3.6.1. Strategy dashboard
3.7. PESTEL analysis

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Blog : http://news-researchers.com/

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving Sinus Dilation Devices Market ; Eminent Players - Acclarent, Creganna Medical, dalENT Medical, Entellus Medical, InAccel, Intersect ENT, Jilin Coronado Medical, Medtronic, Meril Life Sciences, Olympus Corporation and SinuSys Corporation here

News-ID: 1771620 • Views: 488

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Sinus

Sinus Dilation Devices Market Report 2018: Segmentation by Product (Balloon Sinu …
Global Sinus Dilation Devices market research report provides company profile for Smith & Nephew, SinuSys Corporation, Acclarent, Entellus Medical, Medtronic and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed
Global Sinus Dilation Devices Market 2018 - Acclarent, Entellus Medical, Medtron …
Apex Market Reports, recently published a detailed market research study focused on the “Sinus Dilation Devices Market” across the global, regional and country level. The report provides 360° analysis of “Sinus Dilation Devices Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Sinus
Sick Sinus Syndrome Treatment Market Foreseen to strike upto 2025
Global Sick Sinus Syndrome Treatment Market: Snapshot Sick sinus syndrome is a common type of arrhythmia and is generally an indicator towards a set of signs and symptoms that can tell a doctor whether or not a patient’s sinoatrial node is functioning. The sinoatrial node, or the SA node, is more commonly known as the heart’s original, natural pacemakers, and it releases electrical impulses to the heart’s upper chambers to make
Sinus Dilation Devices Market Reach $5,778 Million By 2023
Sinusitis is a medical condition characterized by inflammation along the sinus lining, which lead to nose blockage and further avoid the mucus drainage. Sinus dilation 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. One of the advanced sinus dilation procedure is the balloon sinus dilation, a minimally invasive procedure that replaces the traditional sinus
Exhaust Valve Market 2017- Ferrea, SINUS, SSV, HILTON, Tri-Ring
Apex Research, recently published a detailed market research study focused on the "Exhaust Valve Market" across the global, regional and country level. The report provides 360° analysis of "Exhaust Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Exhaust Valve industry, and estimates the future trend of Exhaust Valve market on
Rapid Advancements will boost Sinus Dilation Devices Market Size Further
Sinuses are the hollow sacks in the head which are responsible for secretion of mucus and provide resonance to the voice. The mucus secreted by the sinuses prevents the nasal cavity from drying and works by trapping the foreign particles that enter the nasal passage and reaching to lungs. The sinuses have an opening that allows the mucus to drain from and flow into nasal passage, however in some cases