Market revenue in 2023 | USD 146.9 million |
Market revenue in 2030 | USD 280.6 million |
Growth rate | 9.7% (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 47.79% in 2023. Horizon Databook has segmented the France 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.
Increase in disposable income and rise in patient awareness about sinus surgical procedures is anticipated to augment the market growth. Olympus Corporation, Jilin Coronado Medical Ltd., Meril Life Sciences Pvt. Ltd., and Inn Accel Technologies are some of the key players operating in Asia Pacific.
Sinus dilation devices market focusing on mergers & acquisitions to expand product portfolio and deliver high quality products in emerging markets at affordable price. In addition, increasing prevalence of CRS coupled with growing penetration of healthcare insurance is anticipated to result in an increased demand for sinus dilation devices in Asia Pacific.
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