SAN FRANCISCO, Feb. 19, 2019
SAN FRANCISCO, Feb. 19, 2019 /PRNewswire/ -- The global sinus dilation devices market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 8.9% during the forecast period. The market is driven by rising prevalence of chronic sinusitis. Moreover, increasing adoption of minimally invasive procedures owing to favorable reimbursement scenario is projected to augment the market growth. For instance, according to the Centers for Disease Control and Prevention in 2017, 26.9 million adults in U.S. were diagnosed with sinusitis, which was around 11.0% of the adult American population then.
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Read 119 page research report with TOC on "Sinus Dilation Devices Market Size, Share & Trends Analysis Report By Product, By Procedure (Standalone, Hybrid), By Application (Adult, Pediatric), By End Use (ENT Clinics, Hospitals), And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/sinus-dilation-devices-market
North America was the dominant regional market for sinus dilation devices in 2017. The growth of this region was mainly due to the presence of a large number of key companies. Technological developments pertaining to sinus dilation devices by leading companies is expected to augment the North America and Europe market growth. In addition, mergers and acquisitions, new product development, and geographical expansion are other key strategies adopted by companies to increase their market penetration. For instance, in June 2015, Entellus Medical, Inc. launched XprESS LoProfile Multi-Sinus Dilation System in Europe. These surgical tools were equipped with multi-functional system, which combined balloon dilation with irrigation, suction, and image guidance.
Grand View Research has segmented the global sinus dilation devices market on the basis of product, procedure, application, end use, and region:
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