Germany Sinus Dilation Device Market Size & Outlook
Germany sinus dilation device market, 2016-2030 (US$M)
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Germany sinus dilation device market highlights
- The Germany sinus dilation device market generated a revenue of USD 232.4 million in 2023 and is expected to reach USD 438.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.5% 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.
Sinus dilation device market data book summary
| Market revenue in 2023 | USD 232.4 million |
| Market revenue in 2030 | USD 438.4 million |
| Growth rate | 9.5% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 7.8% of the global sinus dilation device market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany sinus dilation device market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 355.8 million by 2030.
Ballon sinus dilation devices was the largest segment with a revenue share of 46.39% in 2023. Horizon Databook has segmented the Germany 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.
Germany sinus dilation device market is mainly driven by high prevalence of chronic sinusitis, which led to an increase in demand for sinus dilation devices in the country.
In addition, rising efforts by key players to improve their product portfolio and ensure high-quality standards are expected to boost the demand for sinus dilation devices across this region. For instance, in July 2015, Smith & Nephew entered into a partnership with Scopis, a German manufacturer and developer of surgical navigation systems.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany sinus dilation device market size, by product, 2016-2030 (US$M)
Germany Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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