South Africa Sinus Dilation Device Market Size & Outlook
South Africa sinus dilation device market, 2016-2030 (US$M)
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South Africa sinus dilation device market highlights
- The South Africa sinus dilation device market generated a revenue of USD 21.8 million in 2023 and is expected to reach USD 37.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.1% 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 21.8 million |
| Market revenue in 2030 | USD 37.6 million |
| Growth rate | 8.1% (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, South Africa accounted for 0.7% 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 Middle East & Africa, Saudi Arabia sinus dilation device market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 51.1 million by 2030.
Ballon sinus dilation devices was the largest segment with a revenue share of 45.41% in 2023. Horizon Databook has segmented the South Africa 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.
Economic development in South Africa and presence of high unmet healthcare needs are some of the primary growth drivers of this market. Increase in healthcare spending and rise in demand for advanced healthcare treatments are anticipated to boost the sinus dilation devices market growth over the forecast period.
Moreover, the government is undertaking initiatives to regulate the healthcare industry in South Africa. The South African devices market is very price-sensitive. At present, the Medicines Control Council (MCC) regulates the devices that have a pharmaceutical attached to them.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa sinus dilation device market size, by product, 2016-2030 (US$M)
South Africa Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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