Europe Sinus Dilation Device Market Size & Outlook
Europe sinus dilation device market, 2016-2030 (US$M)
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Europe sinus dilation device market highlights
- The Europe sinus dilation device market generated a revenue of USD 912.2 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, ballon sinus dilation devices was the largest revenue generating product in 2023.
- Functional Endoscopic Sinus Surgery (FESS) Instruments Set is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 912.2 million |
| Market revenue in 2030 | USD 1,693.3 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Ballon sinus dilation devices |
| Fastest growing segment | Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.5% of the global sinus dilation device market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,220.6 million by 2030.
Ballon sinus dilation devices was the largest segment with a revenue share of 47.74% in 2023. Horizon Databook has segmented the Europe 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.
Europe is among the most developed regions in the world. Increasing public & private investments in increasing prevalence of Chronic Rhinosinusitis (CRS) is anticipated to drive the demand for sinus dilation devices in Europe.
For instance, according to Global Allergy and Asthma European Network, the prevalence of CRS has been increasing in the European population, reaching around 11% in 2018. Sophisticated healthcare infrastructure along with favorable reimbursement policies has augmented the implementation of sinus dilation devices in the European region.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe sinus dilation device market size, by country, 2016-2030 (US$M)
Europe Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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