Global Sinus Dilation Devices Market
Growth Indicators
Growing Preference for Minimally Invasive Procedures
The demand for minimally invasive surgeries over the past few years have grown significantly, backed by the recent innovations and advancements in instrumentation, along with the fewer complications and less pain associated with the surgery process. Minimally invasive surgical procedures are patient-friendly as it can be done in approximately 45-50 minutes. With the increasing prevalence for chronic sinusitis, the number of surgeries has also increased significantly. Patients suffering from chronic rhinosinusitis are currently being treated with minimally invasive sinus technique (MIST), such as balloon sinuplasty. Such factors are anticipated to drive the growth of the global market.
Increasing Prevalence of Sinusitis and Technological Advancements in Sinus Dilation Devices to drive Market Growth
Sinusitis is an inflammation that commonly occurs in the lining of the sinuses and can be acute or chronic. Healthy sinuses are filled with air, but it can cause infection in an individual when they become blocked with fluid. Chronic sinusitis has become a common health problem worldwide, particularly in high atmospheric pollution levels. As a result, there is a rising need for sinus dilation devices, which is anticipated to drive the market growth. On the other hand, manufacturers across the world are highly focused on incorporating advanced technologies into the sinus dilation devices for the treatment of chronic rhinosinusitis. Emerging technologies such as flexible microsensor technology are anticipated to bring evolution to the current sinusitis treatment procedures. This technology provides real-time tracking of the balloon devices during the balloon sinus ostial dilation procedures. This technology has gained immense popularity as a highly effective minimally invasive procedure for the treatment of sinusitis, which is anticipated to drive the market growth during the forecast period.
Challenges
Risks Associated with Sinus Surgeries to Hamper Market Growth
While the demand for sinus dilation devices is increasing worldwide, influenced by the rapid increase in the occurrence of chronic sinusitis, certain factors are limiting the growth of the market worldwide. For instance, the risks associated with the procedures such as bleeding, postoperative infections, recurrent sinus infections, and others are some of the key factors anticipated to hamper the market growth.
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
9.5% |
Base Year Market Size (2023) |
USD 2.89 billion |
Forecast Year Market Size (2036) |
USD 9.4 billion |
Regional Scope |
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Author Credits: Radhika Pawar
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