Market revenue in 2023 | USD 22.8 million |
Market revenue in 2030 | USD 38.6 million |
Growth rate | 7.8% (CAGR from 2023 to 2030) |
Largest segment | Ballon sinus dilation devices |
Fastest growing segment | Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
Historical data | 2016 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Ballon Sinus Dilation Devices, Endoscopes, Sinus Stents/Implants, Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
Key market players worldwide | Medtronic PLC, Smith & Nephew PLC, Stryker Corp, Intersect ENT, Olympus Corp, Johnson & Johnson, TE Connectivity Ltd, SinuSys Corp., InnAccel |
Ballon sinus dilation devices was the largest segment with a revenue share of 47.81% in 2023. Horizon Databook has segmented the Chile sinus dilation device market based on ballon sinus dilation devices, endoscopes, sinus stents/implants, functional endoscopic sinus surgery (fess) instruments set covering the revenue growth of each sub-segment from 2016 to 2030.
The government in Chile is continuously focusing on enhancing the country’s healthcare system, thereby increasing the adoption of sinus dilation devices in healthcare settings. End-users such as hospitals, ASCs, ENT offices have high adoption rate of sinus dilation devices for effective sinus surgery.
In addition, several market players are aiming to develop approaches for better sinus drainage that not only reduces side effects but also decreases recovery time, thereby creating a demand for sinus dilation devices in countries such as Chile.
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