Sinus Dilation Devices Market by Application, Product, and Geography - Forecast and Analysis 2020-2024

  • Published: Sep 2020
  • Pages: 120
  • SKU: IRTNTR41647
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The sinus dilation devices market size has the potential to grow by USD 1.07 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (balloon sinus dilation devices, endoscopes, sinus stents, and surgical instruments), application (standalone sinus dilation and hybrid sinus dilation), and geographic (North America, Europe, APAC, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Bausch Health Companies Inc., Dalent LLC, Intersect ENT Inc., Johnson & Johnson, KARL STORZ SE & Co. KG, Medtronic Plc, Olympus Corp., Sklar Surgical Instruments, Smith & Nephew Plc, and Stryker Corp.

Market Overview

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Market Competitive Analysis

The market is fragmented. Bausch Health Companies Inc., Dalent LLC, Intersect ENT Inc., Johnson & Johnson, KARL STORZ SE & Co. KG, Medtronic Plc, Olympus Corp., Sklar Surgical Instruments, Smith & Nephew Plc, and Stryker Corp. are some of the major market participants. Factors such as the high prevalence of chronic sinusitis, benefits of balloon sinus dilation over conventional sinus surgeries, and favorable reimbursement scenario will offer immense growth opportunities. However, challenges such as the presence of alternative treatments, risks associated with sinus surgical procedures, and lack of knowledge about sinus surgical procedures may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this sinus dilation devices market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this sinus dilation devices market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Bausch Health Companies Inc.
  • Dalent LLC
  • Intersect ENT Inc.
  • Johnson & Johnson
  • KARL STORZ SE & Co. KG
  • Medtronic Plc
  • Olympus Corp.
  • Sklar Surgical Instruments
  • Smith & Nephew Plc
  • Stryker Corp.

 

Sinus Dilation Devices Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. 

38% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for sinus dilation devices in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the sinus dilation devices market size.

Sinus Dilation Devices Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will sinus dilation devices market growth during the next five years
  • Precise estimation of the sinus dilation devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the sinus dilation devices industry across North America, Europe, APAC, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of sinus dilation devices market vendors

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Sinus Dilation Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2020-2024

USD 1.07 billion

Market structure

Fragmented

YoY growth (%)

2.62

Regional analysis

North America, Europe, APAC, and ROW

Performing market contribution

North America at 38%

Key consumer countries

US, Germany, Japan, UK, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Bausch Health Companies Inc., Dalent LLC, Intersect ENT Inc., Johnson & Johnson, KARL STORZ SE & Co. KG, Medtronic Plc, Olympus Corp., Sklar Surgical Instruments, Smith & Nephew Plc, and Stryker Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Balloon sinus dilation devices - Market size and forecast 2019-2024
    • Endoscopes - Market size and forecast 2019-2024
    • Sinus stents - Market size and forecast 2019-2024
    • Surgical instruments - Market size and forecast 2019-2024
    • Market opportunity by Product

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Standalone sinus dilation - Market size and forecast 2019-2024
    • Hybrid sinus dilation - Market size and forecast 2019-2024
    • Market opportunity by Application

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2019-2024
    • Europe - Market size and forecast 2019-2024
    • APAC - Market size and forecast 2019-2024
    • ROW - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Volume driver - Demand led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendors landscape
    • Landscape disruption

    Vendor Analysis

    • Overview
    • Market positioning of vendors
    • Bausch Health Companies Inc.
    • Dalent LLC
    • Intersect ENT Inc.
    • Johnson & Johnson
    • KARL STORZ SE & Co. KG
    • Medtronic Plc
    • Olympus Corp.
    • Smith & Nephew Plc
    • Stryker Corp.
    • TE Connectivity Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
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    The sinus dilation devices market growth will increase by $1074.90 million during 2019-2024.
    The sinus dilation devices market is expected to grow at a CAGR of 7.59% during 2019-2024.
    Technavio has segmented the sinus dilation devices market by product (Balloon sinus dilation devices, Endoscopes, Sinus stents, and Surgical instruments) ,application (Standalone sinus dilation and Hybrid sinus dilation) , and geographic (North America, Europe, APAC, and ROW).
    Bausch Health Companies Inc., Dalent LLC, Intersect ENT Inc., Johnson & Johnson, KARL STORZ SE & Co. KG, Medtronic Plc, Olympus Corp., Sklar Surgical Instruments, Smith & Nephew Plc, Stryker Corp. are a few of the key vendors in the sinus dilation devices market.
    North America will register the highest growth rate of 37.74% among the other regions. Therefore, the sinus dilation devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the sinus dilation devices market growth are:
    • High prevalence of chronic sinusitis
    The sinus dilation devices market vendors should focus on grabbing business opportunities from the balloon sinus dilation devices segment as it accounted for the largest market share in the base year.
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