North America Sinus Dilation Device Market Size & Outlook
North America sinus dilation device market, 2016-2030 (US$M)
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North America sinus dilation device market highlights
- The North America sinus dilation device market generated a revenue of USD 1,236.9 million in 2023.
- The market is expected to grow at a CAGR of 9.8% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,236.9 million |
| Market revenue in 2030 | USD 2,375.6 million |
| Growth rate | 9.8% (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, North America region accounted for 41.4% 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 48.4% in 2023. Horizon Databook has segmented the North America 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.
North America held the largest revenue share in the sinus dilation devices market because of the highly regulated and developed healthcare infrastructure. Increase in collective efforts by key players to improve their product portfolio and ensure high-quality products are factors expected to boost the demand for sinus dilation devices across this region. In addition, increasing prevalence of chronic sinusitis in the U.S. and Canada is further expected to fuel the market growth.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America sinus dilation device market size, by country, 2016-2030 (US$M)
North America Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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