According to our new research study on “Sinus Dilation Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product, Procedure Type, End User, and Geography,” the global sinus dilation market size is expected to reach US$ 3,859.75 million by 2027 from US$ 1,918.73 million in 2019; it is estimated to grow at a CAGR of 9.3% during 2019–2027. The report highlights trends prevailing in the market and factors driving its growth. The sinus dilation market growth is attributed owing to growing need for surgical procedures to treat sinusitis, growing benefits of balloon sinuplasty/sinus dilation over conventional sinus surgeries, prevalence of favorable reimbursement policies.
According to the statistics reported by CDC in 2013, 29 million people in the US were suffering from chronic sinusitis, which has been listed as one of the 10 most expensive physical health disorders. The demand for rapid treatment offered by new sinus dilation systems is expected to offer significant opportunities in the US market during the forecast period. For instance, the US-based medical device company named Medtronic offers a wide range of sinus-focused products, which can help treat people suffering from sinus disease.
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The increasing rate of chronic sinusitis is expected to provide high growth opportunities for the sinus dilation market in the US. In addition, according to the National Health and Nutrition Examination Survey 2018, about 14.8 million adults have at least one sinonasal symptom and about 2.37 million adults suffer from two or more cardinal symptoms from chronic rhinosinusitis in the US.
Additionally, lifestyle changes are contributing to the rising incidences of sinusitis. For instance, it is estimated that more than 135 million people in India have chronic sinusitis. Likewise, the incidences of sinus cancer in Germany are increasing. According to the data of the Munich Cancer Registry published in January 2020, there were 724 diagnosed sinuses cancer cases from 1998 to 2018. With these growing cases of sinusitis, surgical procedures are also increasing.
The global sinus dilation market, based on product, is segmented into endoscopes, balloon sinus dilation devices, sinus stents/implants, and handheld instruments. The balloon sinus dilation devices held the largest share in 2019. However, the sinus stents/implants segment is expected to witness the highest growth from 2019 to 2027.
The global sinus dilation market, based on procedure type, is bifurcated into standalone sinus dilation procedures and hybrid sinus dilation procedures. The standalone sinus dilation procedures held a larger share in 2019. Standalone balloon dilation has proven to be an effective and beneficial alternative to the standard functional endoscopic sinus surgery for patients with certain types of chronic sinusitis that have failed conservative medical antibiotic management. Some of the advantages are reduction of symptoms, reduction of episodes of infectious sinusitis, and need for surgical revision at one year.
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