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Sinus Dilation Devices Market worth $3.8 billion by 2027 - Exclusive Report by MarketsandMarkets

CHICAGO, Aug. 23, 2022 /PRNewswire/ -- Sinus Dilation Devices Market is projected to grow from USD 2.8 billion in 2022 to USD 3.8 billion by 2027, at a CAGR of 6.6% from 2022 to 2027, according to a new report by MarketsandMarkets. The growth of this market is majorly driven by Increasing availability of reimbursements, Increasing cases of chronic sinusitis. However, Availability of non-surgical treatments for chronic sinusitis and lack of skilled ENT surgeons are some of the restraints for which may hinder the growth of this market.

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Browse in-depth TOC on "Sinus Dilation Devices Market"

119 - Tables
42 - Figures
171 - Pages

Sinuscope in the endoscope product segment to witness the highest shares during the forecast period."

Based on the product, the sinus dilation devices market is classified into Balloon sinus dilation devices, Endoscopes (Sinuscopes, Rhinoscopes), Sinus stents/implants, and Handheld instruments. The sinuscope segment is expected to dominate because of its wider application which provides clear images of the inspection area necessary for diagnostic, therapeutic, and surgical sinus, and nasal procedures likewise Several players are focusing on introducing new products in the market to strengthen their product offerings. These are the key factors driving the growth of the Sinuscopes in the market.

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US dominates the North American sinus dilation devices market

Based on the North America region, the sinus dilation devices market is divided into US and Canada. US is expected to dominate the sinus dilation devices market. The increasing prevalence of sinusitis and the subsequent increase in the number of surgical procedures performed, favourable reimbursement scenarios for sinus dilation procedures, and the availability of technologically advanced sinus dilation devices, are the key factor driving market growth in the US.

The major players in the sinus dilation devices market are Acclarent, inc. (a subsidiary of Johnson & Johnson) (US), Olympus Corporation (Japan), Entellus Medical Inc. (A Subsidiary of Stryker) (US), Medtronic Plc. (Ireland), Smith & Nephew plc (UK), Intersect ENT, Inc. (US), SinuSys Corporation (US), InnAccel Pvt. Ltd (India), MERIL LIFE SCIENCES PVT Ltd. (India), Optim LLC (US).

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Browse Adjacent Market: Medical Devices Market Research Reports & Consulting

Related Reports:

Endoscope Reprocessing Market by Product (HLD and Test Strips, Detergents & Wipes, Automated Endoscope Reprocessors (AER), Endoscope Drying, Storage, & Transport Systems, Tracking Solutions), End User (Hospitals, ASCs & Clinics) (2022 - 2027)

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Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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