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LAS VEGAS , Feb. 15, 2022 /PRNewswire/ -- Sinus Dilation Devices Market is anticipated to experience rising demand in the coming years due to several factors such as the rising burden of sinusitis across the globe, recent product launches and approvals, as well as the presence of many key Sinus Dilation Devices market players such as Johnson & Johnson, Stryker, Dalent Medical, and many more.
DelveInsight's Sinus Dilation Devices Market Insights and Forecast report provides the current and forecast Sinus Dilation Devices Market, upcoming innovation in the devices, individual market shares, challenges, drivers and barriers, market trends, and key competitors in the Sinus Dilation Devices Market.
Some of the salient features from the Sinus Dilation Devices Market report:
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Sinus Dilation Devices are medical devices used for broadening the sinus openings during sinus surgery to treat sinus drainage problems. Sinus Dilation Devices comprise endoscopes (sinuscope and rhinoscope) for visualization during surgery along with a sinus balloon dilation system, sinus implants, and others.
Sinus Dilation Devices Market Insight
Among all the regions, North America is expected to occupy a major share in the overall Sinus Dilation Devices market during the forthcoming years. This domination is owing to the increasing prevalence of the target population in the region. Moreover, the presence of a well-established reimbursement policy, recent product approvals in the region, and presence of key Sinus Dilation Devices market players active such as Johnson & Johnson, Stryker, Dalent Medical, Intersect ENT, Inc., among others are also expected to augment the Sinus Dilation Devices market.
For instance, on May 20, 2021 , Intersect ENT, a global ear, nose, and throat ("ENT") medical technology company received a CE mark for its PROPEL® Contour (mometasone furoate) sinus implant (specifically designed for inflammation reduction by providing mechanical support and steroid delivery). Furthermore, the Asia-pacific region has future potential for the Sinus Dilation Devices market.
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Sinus Dilation Devices Market Dynamics
The major factors driving the demand for Sinus Dilation Devices are the rising burden of sinusitis across the globe, recent product approvals and launches, as well as the presence of several reimbursement policies and initiatives concerned with the treatment of sinusitis are all responsible for the Sinus Dilation Devices market growth.
The rise in demand for Sinus Dilation Devices is attributed to the growing incidence of rhinosinusitis both acute and chronic among the worldwide population. Moreover, the rising preference for the minimally invasive procedures and benefit of balloon sinuplasty over conventional treatment methods is also expected to surge the Sinus Dilation Devices market. Also, increasing technological advancement and the presence of key Sinus Dilation Devices market players are other aspects responsible for global Sinus Dilation Devices market growth.
However, on the other hand, the sudden outbreak of COVID-19 led to a backlog of surgical procedures and interruption in routine patient care followed by suspension of routine surgeries during the crisis. Also, many health organizations have canceled routine clinical visits to curb the transmission of the virus. Moreover, few health organizations have shifted their focus towards managing the deadly virus infection which led to delayed surgery in rhinology, particularly with regards to chronic rhinosinusitis which affected the Sinus Dilation Devices market a lot. The availability of alternative treatment regimens and lack of skilled otolaryngologists and ENT surgeons are also some of the factors likely to impede the Sinus Dilation Devices market.
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Scope of the Sinus Dilation Devices Market Report
Delveinsight Analysis: The Global Sinus Dilation Devices market is expected to grow at a compound annual growth rate (CAGR) of 9.14% during the forecast period and will reach USD 2.35 billion by 2026.
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Sinus Dilation Devices Market Report Introduction
Sinus Dilation Devices Market Executive summary
Sinus Dilation Devices Market Key Factors Analysis
Sinus Dilation Devices Porter's Five Forces Analysis
COVID-19 Impact Analysis on Sinus Dilation Devices Market
Sinus Dilation Devices Market Layout
Sinus Dilation Devices Market Global Company Share Analysis – Key 3-5 Companies
Sinus Dilation Devices Market Company and Product Profiles
9.7 Meril Life Sciences Pvt. Ltd.
9.9 Jilin Coronado Medical Apparatus Co., Ltd
9.10 Leno Medical Technology (Shanghai) Co., Ltd.
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SOURCE DelveInsight Business Research, LLP
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