UK Sinus Dilation Device Market Size & Outlook, 2023-2030
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UK sinus dilation device market highlights
- The UK sinus dilation device market generated a revenue of USD 184.7 million in 2023 and is expected to reach USD 355.8 million by 2030.
- The UK 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.
Sinus dilation device market data book summary
| Market revenue in 2023 | USD 184.7 million |
| Market revenue in 2030 | USD 355.8 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 | 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, UK accounted for 6.2% 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 47.32% in 2023. Horizon Databook has segmented the UK 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.
The UK sinus dilation devices market growth can be attributed to the increasing Chronic Rhinosinusitis (CRS) cases per year, which lead to adoption of sinus dilation devices. For instance, in August 2018, as per National Institute for Health and Care Excellence (NICE), sinusitis affected around 15.0% of the population and 250 cases of sinusitis per 10,000 patients per year were reported in the UK.
In addition, technological advancements in devices by key players are projected to drive the sinus dilation devices market over the forecast period. For instance, in June 2015, Entellus Medical announced the European Launch of Express Lo Profile multi-sinus dilation system.
The surgical tools have a multifunctional system with a combination of easy-to-use balloon dilation with irrigation, suction, and image guidance.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| InnAccel | View profile | 11-50 | Bangalore, Karnataka, India, Asia | http://www.innaccel.com |
| SinuSys Corp. | View profile | 1-10 | Palo Alto, California, United States, North America | http://www.sinusys.com |
| Intersect ENT | View profile | 251-500 | Menlo Park, California, United States, North America | http://www.intersectent.com |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
UK sinus dilation device market size, by product, 2016-2030 (US$M)
UK Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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