Sinus Dilation Device Market Size, Share & Trends Analysis Report By Product (BSD, FESS Instruments Set), By Procedure (Standalone, Hybrid), By Application (Pediatric, Adult), By End Use- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Sinus Dilation Device market gathered revenue around USD 2 Billion in 2020 and market is set to grow USD 5.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 12% during the prediction period 2021 to 2027.

Sinus Dilation Device Market  Size 2020 to 2027

Growth Factors:

The high preference for minimally invasive procedures, favorable reimbursement scenarios, rising awareness about the advantages of balloon sinuplasty over other conventional techniques, and prevalence of chronic sinusitis are the major factors fostering the market growth. The development of advanced surgery techniques helps increase the market dynamics by replacing the traditional procedures. Technological advancements, such as surgical laser technologies, in sinus surgery, ensure minimal ablation and have fewer side effects. Decreased turnaround time enables these procedures to be performed in outpatient departments.

The market Changes in lifestyle, increasing cases of obesity, and a resultant rise in the incidence of sinus-related conditions are the major factors contributing to the market growth. The introduction of technologically advanced devices is also one of the key factors boosting market growth. Major market players are focusing on R&D activities to introduce minimally invasive procedures creating a positive impact on the adoption of MIS procedures.

Some of the inventions in the market related to endoscopic approaches include a nasal endoscope, rhinoscopes, and balloon sinus dilation devices. An increase in medical reimbursements across major markets is likely to fuel the market growth. Rising adoption of health insurance and growing per capita expenditure coupled in developed as well as developing countries is predicted to augment the market growth.

In November 2017, Entellus Medical, Inc. announced that Anthem, Inc., an American health insurance company, provided insurance coverage for Balloon Sinus Dilation (BSD) used in the treatment of recurrent acute sinusitis and chronic sinusitis. Anthem, Inc. is a member of the Blue Cross Blue Shield Association, the second-largest health benefits plan provider that covers around 40 million people in the U.S. Other major health insurance companies providing coverage for standalone BSD are Medicare, Aetna, Cigna, TRICARE, Humana, Health Net, Kaiser, and United Healthcare.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Sinus Dilation Device market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Sinus Dilation Device market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

Report Scope Details
Market Size USD 5.2 Billion by 2027
Growth Rate CAGR of 12% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Historic Data 2017 to 2020
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered Product, procedure, application, end use And Region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned Stryker; Smith & Nephew; Olympus Corp.; Medtronic.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Sinus Dilation Device market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Regional analysis:

North America captured the largest market share of more than 41% in 2020 and is expected to continue its dominance over the forecast period. The dominance can be attributed to the presence of highly regulated and developed healthcare infrastructure. Moreover, the availability of advanced products due to the presence of major market players is boosting the market growth. Asia Pacific is projected to exhibit the fastest CAGR over the forecast period owing to an increase in disposable income and improvement in patient awareness about sinus surgical procedures.

Companies operating in the Asia Pacific regional market, such as Olympus Corp. and InnAccel Technologies, are focusing on mergers and acquisitions to expand their product portfolio and deliver high-quality products in emerging markets at an affordable price. For instance, in April 2017, Olympus Corp. entered into a definitive contract to acquire Image Stream Medical, Inc. for USD 87 million to improve medical solution assistance for healthcare facilities.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Some of the prominent players in the Sinus Dilation Device Market include: Stryker; Smith & Nephew; Olympus Corp.; Medtronic

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

  • By Product
    • Balloon Sinus Dilation Devices
    • Endoscopes
    • Functional Endoscopic Sinus Surgery (FESS) Instruments Set
    • Sinus Stents/Implants
    • Others
  • By Procedure
    • Standalone
    • Hybrid
  • By Application
    • Adult
    • Pediatric
  • By End-use
    • Hospitals
    • ENT Clinics/In-office
    • Ambulatory Surgical Centers (ASCs)

By Geography

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Sinus Dilation Device market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Sinus Dilation Device market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Sinus Dilation Device markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Key Points Covered in Sinus Dilation Device market Study:

  • Growth of Sinus Dilation Device in 2021
  • Market Estimates and Forecasts (2017-2027)
  •  Brand Share and Market Share Analysis
  •  Key Drivers and Restraints Shaping Market Growth
  •  Segment-wise, Country-wise, and Region-wise Analysis
  •  Competition Mapping and Benchmarking
  •  Recommendation on Key Winning Strategies
  •  COVID-19 Impact on Demand for Sinus Dilation Device and How to Navigate
  •  Key Product Innovations and Regulatory Climate
  •  Sinus Dilation Device Consumption Analysis
  •  Sinus Dilation Device Production Analysis
  •  Sinus Dilation Device and Management

Chapter 1.    Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.    Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.    Executive Summary

3.1.  Market Snapshot

Chapter 4.    Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.     Raw Material Procurement Analysis

4.3.2.     Sales and Distribution Channel Analysis

4.3.3.     Downstream Buyer Analysis

Chapter 5.    Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.     Market Drivers

5.1.2.     Market Restraints

5.1.3.     Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.     Bargaining power of suppliers

5.2.2.     Bargaining power of buyers

5.2.3.     Threat of substitute

5.2.4.     Threat of new entrants

5.2.5.     Degree of competition

Chapter 6.    Competitive Landscape

6.1.1.     Company Market Share/Positioning Analysis

6.1.2.     Key Strategies Adopted by Players

6.1.3.     Vendor Landscape

6.1.3.1.          List of Suppliers

6.1.3.2.          List of Buyers

Chapter 7.    Global  Sinus Dilation Device Market, By Product

7.1.   Sinus Dilation Device  Market, By Product, 2021-2027

7.1.1.     Balloon Sinus Dilation Devices

7.1.1.1.          Market Revenue and Forecast (2016-2027)

7.1.2.     Endoscopes

7.1.2.1.          Market Revenue and Forecast (2016-2027)

7.1.3.     Functional Endoscopic Sinus Surgery (FESS) Instruments Set

7.1.3.1.          Market Revenue and Forecast (2016-2027)

7.1.4.     Sinus Stents/Implants

7.1.4.1.          Market Revenue and Forecast (2016-2027)

7.1.5.     Others

7.1.5.1.          Market Revenue and Forecast (2016-2027)

Chapter 8.    Global  Sinus Dilation Device Market, By Procedure

8.1.   Sinus Dilation Device  Market, By Procedure, 2021-2027

8.1.1.     Standalone

8.1.1.1.          Market Revenue and Forecast (2016-2027)

8.1.2.     Hybrid

8.1.2.1.          Market Revenue and Forecast (2016-2027)

Chapter 9.    Global  Sinus Dilation Device Market, By Application

9.1.   Sinus Dilation Device  Market, By Application, 2021-2027

9.1.1.     Adult

9.1.1.1.          Market Revenue and Forecast (2016-2027)

9.1.2.     Pediatric

9.1.2.1.          Market Revenue and Forecast (2016-2027)

Chapter 10.Global  Sinus Dilation Device Market, By End-use

10.1.           Sinus Dilation Device  Market, By End-use, 2021-2027

10.1.1.  Hospitals

10.1.1.1.       Market Revenue and Forecast (2016-2027)

10.1.2.  ENT Clinics/In-office

10.1.2.1.       Market Revenue and Forecast (2016-2027)

10.1.3.  Ambulatory Surgical Centers (ASCs)

10.1.3.1.       Market Revenue and Forecast (2016-2027)

Chapter 11.Global  Sinus Dilation Device  Market, Regional Estimates and Trend Forecast

11.1.          North America

11.1.1.  Market Revenue and Forecast, By Product (2016-2027)

11.1.2.  Market Revenue and Forecast, By Procedure (2016-2027)

11.1.3.  Market Revenue and Forecast, By Application (2016-2027)

11.1.4.  Market Revenue and Forecast, By End-use (2016-2027)

11.1.5.  U.S.

11.1.5.1.       Market Revenue and Forecast, By Product (2016-2027)

11.1.5.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.1.5.3.       Market Revenue and Forecast, By Application (2016-2027)

11.1.5.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.1.6.  Rest of North America

11.1.6.1.       Market Revenue and Forecast, By Product (2016-2027)

11.1.6.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.1.6.3.       Market Revenue and Forecast, By Application (2016-2027)

11.1.6.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.2.          Europe

11.2.1.  Market Revenue and Forecast, By Product (2016-2027)

11.2.2.  Market Revenue and Forecast, By Procedure (2016-2027)

11.2.3.  Market Revenue and Forecast, By Application (2016-2027)

11.2.4.  Market Revenue and Forecast, By End-use (2016-2027)

11.2.5.  UK

11.2.5.1.       Market Revenue and Forecast, By Product (2016-2027)

11.2.5.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.2.5.3.       Market Revenue and Forecast, By Application (2016-2027)

11.2.5.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.2.6.  Germany

11.2.6.1.       Market Revenue and Forecast, By Product(2016-2027)

11.2.6.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.2.6.3.       Market Revenue and Forecast, By Application (2016-2027)

11.2.6.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.2.7.  France

11.2.7.1.       Market Revenue and Forecast, By Product (2016-2027)

11.2.7.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.2.7.3.       Market Revenue and Forecast, By Application (2016-2027)

11.2.7.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.2.8.  Rest of Europe

11.2.8.1.       Market Revenue and Forecast, By Product (2016-2027)

11.2.8.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.2.8.3.       Market Revenue and Forecast, By Application (2016-2027)

11.2.8.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.3.          APAC

11.3.1.  Market Revenue and Forecast, By Product (2016-2027)

11.3.2.  Market Revenue and Forecast, By Procedure (2016-2027)

11.3.3.  Market Revenue and Forecast, By Application (2016-2027)

11.3.4.  Market Revenue and Forecast, By End-use (2016-2027)

11.3.5.  India

11.3.5.1.       Market Revenue and Forecast, By Product (2016-2027)

11.3.5.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.3.5.3.       Market Revenue and Forecast, By Application (2016-2027)

11.3.5.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.3.6.  China

11.3.6.1.       Market Revenue and Forecast, By Product (2016-2027)

11.3.6.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.3.6.3.       Market Revenue and Forecast, By Application (2016-2027)

11.3.6.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.3.7.  Japan

11.3.7.1.       Market Revenue and Forecast, By Product (2016-2027)

11.3.7.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.3.7.3.       Market Revenue and Forecast, By Application (2016-2027)

11.3.7.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.3.8.  Rest of APAC

11.3.8.1.       Market Revenue and Forecast, By Product (2016-2027)

11.3.8.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.3.8.3.       Market Revenue and Forecast, By Application (2016-2027)

11.3.8.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.4.          MEA

11.4.1.  Market Revenue and Forecast, By Product (2016-2027)

11.4.2.  Market Revenue and Forecast, By Procedure (2016-2027)

11.4.3.  Market Revenue and Forecast, By Application (2016-2027)

11.4.4.  Market Revenue and Forecast, By End-use (2016-2027)

11.4.5.  GCC

11.4.5.1.       Market Revenue and Forecast, By Product (2016-2027)

11.4.5.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.4.5.3.       Market Revenue and Forecast, By Application (2016-2027)

11.4.5.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.4.6.  North Africa

11.4.6.1.       Market Revenue and Forecast, By Product (2016-2027)

11.4.6.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.4.6.3.       Market Revenue and Forecast, By Application (2016-2027)

11.4.6.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.4.7.  South Africa

11.4.7.1.       Market Revenue and Forecast, By Product (2016-2027)

11.4.7.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.4.7.3.       Market Revenue and Forecast, By Application (2016-2027)

11.4.7.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.4.8.  Rest of MEA

11.4.8.1.       Market Revenue and Forecast, By Product (2016-2027)

11.4.8.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.4.8.3.       Market Revenue and Forecast, By Application (2016-2027)

11.4.8.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.5.          Latin America

11.5.1.  Market Revenue and Forecast, By Product (2016-2027)

11.5.2.  Market Revenue and Forecast, By Procedure (2016-2027)

11.5.3.  Market Revenue and Forecast, By Application (2016-2027)

11.5.4.  Market Revenue and Forecast, By End-use (2016-2027)

11.5.5.  Brazil

11.5.5.1.       Market Revenue and Forecast, By Product (2016-2027)

11.5.5.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.5.5.3.       Market Revenue and Forecast, By Application (2016-2027)

11.5.5.4.       Market Revenue and Forecast, By End-use (2016-2027)

11.5.6.  Rest of LATAM

11.5.6.1.       Market Revenue and Forecast, By Product (2016-2027)

11.5.6.2.       Market Revenue and Forecast, By Procedure (2016-2027)

11.5.6.3.       Market Revenue and Forecast, By Application (2016-2027)

11.5.6.4.       Market Revenue and Forecast, By End-use (2016-2027)

Chapter 12.   Company Profiles

12.1.                 Stryker

12.1.1.  Company Overview

12.1.2.  Product Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.                 Smith & Nephew

12.2.1.  Company Overview

12.2.2.  Product Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.                 Olympus Corp

12.3.1.  Company Overview

12.3.2.  Product Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.                 Medtronic

12.4.1.  Company Overview

12.4.2.  Product Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

Chapter 13.   Research Methodology

13.1.                 Primary Research

13.2.                 Secondary Research

13.3.                 Assumptions

Chapter 14.   Appendix

14.1.                 About Us

14.2.                 Glossary of Terms

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