The global sinus dilation devices market is growing at a significant rate, due to the elevated occurrence of chronic sinusitis, and mounting inclination for minimally invasive surgeries.
Elevated occurrence of chronic sinusitis, advantages of balloon sinus dilation above conventional surgeries, and mounting inclination for minimally invasive surgeries are the primary growth drivers for sinus dilation devices market.
Favorable reimbursement scenario, expanding the geriatric population, and technological advancements in sinusitis treatment are also facilitating the growth of the sinus dilation devices market.
North America is the largest sinus dilation devices market as in the region the occurrence of chronic sinusitis.
Asia-Pacific is observed to witness the fastest growth in the market, due to expanding the geriatric population, and a large population base.
Key players in the sinus dilation devices market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In December 2017, Stryker Corporation signed an agreement to acquire Entellus Medical, Inc., to provide innovative and cost-effective solutions.
Stryker Corporation, Smith & Nephew PLC, SinuSys Corporation, Medtronic Plc., Dalent LLC., Innaccel Pvt. Ltd, Johnson & Johnson, Meril Life Sciences Pvt Ltd., Intersect ENT, Inc., Jilin Coronado Medical Ltd, and Olympus are the key players offering sinus dilation devices. Source: VynZ Research
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Yash Chauhan Joined: February 25th, 2019 Articles Posted: 106