Global Sinus dilation devices Market to reach USD 3.4 billion by 2025 | CAGR: 9.5%
Global Sinus dilation devices Market is valued at USD 1.5 billion in 2016 is anticipated to grow USD 3.4 billion with the compounded annual growth of 9.5% over the forecast period 2017-2025.
New York 14 June 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Sinus dilation devices industry is poised to raise USD 3.4 billion by 2025. Some key components for the market development will be; growing preference for minimally invasive procedures, benefits of balloon sinuplasty/sinus dilation over conventional sinus surgeries, favorable reimbursement scenario for sinus procedures in developed countries and high prevalence of chronic sinusitis.
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Global Sinus dilation devices Market Size study, by Product (Balloon Dilation, Stents, Endoscope (Rhinoscopy, Sinoscopy), Handheld), by Procedure (Standalone, Hybrid), by Patient Type (Adult, Pediatric), by Patient Care Setting (ENT, Clinic, Hospitals, ASC) and by Regional Forecasts 2017-2025
The industry seems to be fairly competitive. Some of the leading market players include Medtronic, smith & nephew PLC, acclarent INC., intersect Pvt. Ltd., sinusys corporation, and so on. Other market players discussed in the report include innaccel Pvt. Ltd., dalent LLC, Olympus, meril life sciences Pvt. Ltd. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The Asia Pacific region accounted for the largest market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation by around XX%
Bizwit Research & Consulting LLP has considered the following segments for the study:
- Balloon dilation
By Patient type:
By Patient care setting:
- North America
- Asia Pacific
- Latin America
- Rest of the World