U.S. Sinus Dilation Device Market Size & Outlook
U.S. sinus dilation device market, 2016-2030 (US$M)
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U.S. sinus dilation device market highlights
- The U.S. sinus dilation device market generated a revenue of USD 1,030.3 million in 2023 and is expected to reach USD 1,957.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.6% 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 1,030.3 million |
| Market revenue in 2030 | USD 1,957.8 million |
| Growth rate | 9.6% (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, U.S. accounted for 34.4% 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 North America, U.S. sinus dilation device market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 418.0 million by 2030.
Ballon sinus dilation devices was the largest segment with a revenue share of 48.62% in 2023. Horizon Databook has segmented the U.S. 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 U.S. accounted for the largest share in the North America sinus dilation devices market. Increasing prevalence of chronic sinusitis is considered to be the major factor driving the market in this region.
In addition, favorable reimbursement policies are expected to further fuel the market growth. With regard to medical reimbursement system in the U.S., around 84% of the population is covered by either public (26%) or private (70%) health insurance. For instance, according to the report published by Acclarent, Inc.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. sinus dilation device market size, by product, 2016-2030 (US$M)
U.S. Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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