Sarasota, FL -- (SBWire) -- 06/26/2018 --Global Sinus Dilation Devices Market: Overview

In a sinus surgical procedure, the sinus dilation devices are used. Sinusitis is caused owing to the swelling or inflammation of the tissues that are lined within the sinuses. The common symptoms for the condition are headaches, congestion, facial pain, runny nose, and others. Sinus stents and balloon sinuplasty system are some of the sinus dilation devices that are used in the sinus surgeries.

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Global Sinus Dilation Devices Market: Growth Factors

The major factors contributing to the growth of the sinus dilation devices market are the increasing cases of chronic sinusitis being registered, increased adoption of the minimally invasive procedures, favorable reimbursement policies for the sinus in the developed regions, and the benefits of the sinus dilation when compared with the traditional surgeries are increasing the popularity of the market. Furthermore, the increasing initiatives by the market players for the upgradation of the products also influence the growth of the market. Other factors that are influencing the growth of the market are increased healthcare spending and the developing medical facilities, and the innovations in the medical devices.

The factors that may limit the growth of the sinus dilation devices market are lack of awareness about the sinus surgical procedures owing to the presence of the sinusitis drugs and the post-operative risks of the sinus surgeries.

Global Sinus Dilation Devices Market: Segmentation

The global sinus dilation devices market can be fragmented into its product type, procedure type, patient type, and by patient-care setting. In terms of product, the market is divided into endoscopes, rhinoscopes, balloon sinus dilation devices, sinuscopes, and sinus stents/implants. Based on the type of procedure, the sinus dilation devices market is segmented into hybrid sinus dilation procedures and standalone sinus dilation procedures. On the basis of the patient type, the market can be bifurcated into pediatric and adults. In terms of the patient care setting, the market is categorized into ENT clinics/in office, hospitals, and ambulatory surgical centers.

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Global Sinus Dilation Devices Market: Regional Analysis

It is anticipated that North America will lead the sinus dilation devices market. It is observed that majority of the population in the U.S. suffer from chronic sinusitis and the increasing demand for the treatment of the disease is fueling the global market. It is expected that the demand for the sinus dilation devices will increase in the coming years in the majority of the regions. Other factors contributing to the growth of the market are growing aging population, increased adoption of the new technologies, the presence of the major market players, and the favorable reimbursement policies. North America is followed by Europe, particularly, Western Europe owing to the increasing awareness among the people about the sinus dilation devices. In the Asia Pacific, the large population base and the growing incidences of the chronic sinusitis are expected to propel the growth of the sinus dilation devices market. A stable growth rate is expected in the regions such as Latin America and the Middle East and Africa.

Global Sinus Dilation Devices Market: Competitive Players

Some of the key industry players involved in the sinus dilation devices market are Acclarent Inc., Smith & Nephew, Olympus Corporation, SinuSys Corporation, Jilin Coronado Medical Ltd., Stryker, Medtronic Plc, Intersect ENT Inc., Meril Life Sciences Pvt. Ltd., InAccel, and Creganna Medical, among others.

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Global Sinus Dilation Devices Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa