Global Sinus Dilation Devices Market Poised for Growth, Expected to Reach $4.12 Billion by 2028
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033
LONDON, GREATER LONDON , UK, July 3, 2024 /EINPresswire.com/ -- The global sinus dilation devices market, which was valued at $2.77 billion in 2023, is projected to grow to $3.02 billion in 2024, reflecting a compound annual growth rate (CAGR) of 9.0%. It will grow to $4.12 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. This growth can be attributed to factors such as the prevalence of chronic sinusitis, increasing patient preference for minimally invasive procedures, rising healthcare expenditure, and an aging population.
Rising Prevalence of Chronic Sinusitis Drives Market Growth
Chronic sinusitis, characterized by prolonged inflammation and swelling of the sinuses, is a key driver for the sinus dilation devices market. Procedures like balloon sinuplasty are crucial in treating chronic sinusitis by effectively opening sinus blockages and improving drainage. According to recent reports, chronic sinusitis affects a significant portion of the global population, underscoring the need for effective treatment solutions.
Explore the global sinus dilation devices market with a detailed sample report:
https://www.thebusinessresearchcompany.com/sample_request?id=12233&type=smp
Sinus Dilation Devices Market Key Players and Market Trends
Major companies in the sinus dilation devices market include Johnson & Johnson Co, Medtronic PLC, Stryker Corporation, and others. These players are focusing on next-generation solutions such as machine learning algorithms to enhance treatment efficacy and patient outcomes. For instance, Acclarent Inc. introduced AI-powered ENT technology to streamline surgical planning and navigation, demonstrating a leap forward in medical device innovation.
Sinus Dilation Devices Market Segments
• Product Types: Balloon Sinus Dilation Devices, Endoscopes, Functional Endoscopic Sinus Surgery (FESS) Instruments Set, Sinus Stents or Implants, Other Products
• Procedures: Standalone, Hybrid
• Applications: Adult, Pediatric
• End Users: Hospitals, ENT Clinics, Other End Users
Geographical Insights: Asia-Pacific Leading the Market
North America held the largest share of the sinus dilation devices market in 2023, with Asia-Pacific expected to witness the fastest growth during the forecast period. Regional dynamics play a crucial role in market expansion, influenced by factors such as healthcare infrastructure development and increasing healthcare expenditure.
Explore the report store to make a direct purchase of the report:
https://www.thebusinessresearchcompany.com/report/sinus-dilation-devices-global-market-report
Sinus Dilation Devices Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Sinus Dilation Devices Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on sinus dilation devices market size, sinus dilation devices market drivers and trends, sinus dilation devices market major players, competitors' revenues, market positioning, and market growth across geographies. The sinus dilation devices market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Heat Pumps Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/heat-pumps-global-market-report
Heating Equipment Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/heating-equipment-global-market-report
Boiler, Tank, And Shipping Container Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/boiler-tank-and-shipping-container-global-market-report
About The Business Research Company
The Business Research Company has published over 27 industries, spanning over 8000+ markets and 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
X
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
![](https://world.einnews.com/tracking/article.gif?aid=724788687§ion=einpresswire&a=b7mFz6-It_ukZPcr&i=AEvAVSnN8LbPVj3J)