Technavio has been monitoring the sinus dilation devices market and it is poised to grow by 1.07 bn during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Sinus Dilation Devices Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
- What are the major trends in the market?
The benefits of balloon sinus dilation over conventional sinus surgeries is a major trend driving the growth of the market. - At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 2.62% and the incremental growth of the market is anticipated to be 1.07 bn. - Who are the top players in the market?
Bausch Health Companies Inc., Dalent LLC, Intersect ENT Inc., Johnson Johnson, KARL STORZ SE Co. KG, Medtronic Plc, Olympus Corp., Sklar Surgical Instruments, Smith Nephew Plc, and Stryker Corp., are some of the major market participants. - What are the key market drivers and challenges?
The high prevalence of chronic sinusitis is one of the major factors driving the market. - How big is the North America market?
The North America region will contribute 38% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bausch Health Companies Inc., Dalent LLC, Intersect ENT Inc., Johnson Johnson, KARL STORZ SE Co. KG, Medtronic Plc, Olympus Corp., Sklar Surgical Instruments, Smith Nephew Plc, and Stryker Corp. are some of the major market participants. The high prevalence of chronic sinusitis will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Sinus Dilation Devices Market 2020-2024: Segmentation
Sinus Dilation Devices Market is segmented as below:
- Product
- Balloon Sinus Dilation Devices
- Endoscopes
- Sinus Stents
- Surgical Instruments
- Application
- Standalone Sinus Dilation
- Hybrid Sinus Dilation
- Geography
- North America
- Europe
- APAC
- ROW
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Sinus Dilation Devices Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The sinus dilation devices market report covers the following areas:
- Sinus Dilation Devices Market Size
- Sinus Dilation Devices Market Trends
- Sinus Dilation Devices Market Industry Analysis
This study identifies the benefits of balloon sinus dilation over conventional sinus surgeries as one of the prime reasons driving the sinus dilation devices market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Sinus Dilation Devices Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist sinus dilation devices market growth during the next five years
- Estimation of the sinus dilation devices market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the sinus dilation devices market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of sinus dilation devices market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Balloon sinus dilation devices Market size and forecast 2019-2024
- Endoscopes Market size and forecast 2019-2024
- Sinus stents Market size and forecast 2019-2024
- Surgical instruments Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application
- Standalone sinus dilation Market size and forecast 2019-2024
- Hybrid sinus dilation Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- APAC Market size and forecast 2019-2024
- ROW Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendors landscape
- Landscape disruption
Vendor Analysis
- Overview
- Market positioning of vendors
- Bausch Health Companies Inc.
- Dalent LLC
- Intersect ENT Inc.
- Johnson Johnson
- KARL STORZ SE Co. KG
- Medtronic Plc
- Olympus Corp.
- Smith Nephew Plc
- Stryker Corp.
- TE Connectivity Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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