Balloon Sinuplasty Systems Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

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Balloon Sinuplasty Systems Market Report Overview

The balloon sinuplasty systems market size was $850.9 million in 2023. The market is expected to grow at a CAGR of more than 5% during 2023-2033. Balloon sinuplasty systems, also known as balloon dilation catheter systems or sinus dilation systems, are devices used to open blocked sinus passages using balloon catheters and inflation devices.

Balloon Sinuplasty Systems Market Outlook, 2023-2033 ($ Million)

Balloon Sinuplasty Systems Market Outlook, 2023-2033 ($ Million)

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The Balloon Sinuplasty Systems market research report has been created to understand market behavior, which will help identify quantitative market trends in the ENT devices therapeutic area. The model discusses in detail the impact of COVID-19 on the balloon sinuplasty systems market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.

Market Size (2023) $850.9 million
CAGR (2023-2033) >5%
Forecast Period 2023-2033
Historical Period 2015-2022
Key Regions ·        North America

·        Europe

·        Asia Pacific

·        South Central America

·        Middle East and Africa

Leading Companies ·        Acclarent Inc

·        Medtronic Plc

·        Entellus Medical Inc

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Balloon Sinuplasty Systems Market Dynamics

Endoscopic surgeries are advancing in technology leading to the use of balloon catheters for sinus dilation, making balloon catheters increasingly popular. The key factors driving the balloon sinuplasty systems market growth are the increasingly prevalent cases of chronic rhinosinusitis, a growing preference for minimally invasive procedures, development in research and technology, and the increasing reimbursement protocols for sinus procedures in developed countries. Advantages of balloon sinuplasty over other surgical options also aids the growth of the market.

Balloon Sinuplasty Systems Market Segmentation by Regions

The key regions in the balloon sinuplasty systems market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, North America dominated the balloon sinuplasty systems market, owing to the early and quickly growing adoption rate of balloon sinuplasty devices compared to other regions. In North America, the major market for balloon sinuplasty systems is held by the US. The primary factors for the growth of the regional market include increasing preference toward minimally invasive surgical options and reimbursement policies regarding balloon sinuplasties performed on adults, among others. The market is expected to grow continuously during the forecast period.

Balloon Sinuplasty Systems Market Analysis by Regions, 2023 (%)

Balloon Sinuplasty Systems Market Analysis by Regions, 2023 (%)

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Balloon Sinuplasty Systems Market - Competitive Landscape

A few of the leading companies in the balloon sinuplasty systems market are:

  • Acclarent Inc.
  • Medtronic Plc
  • Entellus Medical Inc.

Acclarent Inc. dominated the market in 2023.

Balloon Sinuplasty Systems Market Analysis by Companies, 2023 (%)

Balloon Sinuplasty Systems Market Analysis by Companies, 2023 (%)

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Segments Covered in the Report

Balloon Sinuplasty Systems Regional Outlook (Value, $ Million, 2015-2033)

  • North America
  • Europe
  • Asia Pacific
  • South Central America
  • Middle East & Africa

Key Inclusions

Currently marketed Balloon Sinuplasty Systems and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total Balloon Sinuplasty Systems market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the Balloon Sinuplasty Systems market.
  • Competitive dynamics insights and trends provided for the Balloon Sinuplasty Systems market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Johnson & Johnson, Medtronic Plc, Stryker Corp, and others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This report provides:

  • Insightful review of the key industry trends.
  • Annualized total Balloon Sinuplasty Systems market revenue by segment and market outlooks.
  • Market-level data on units, average selling prices, and market values.
  • Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the Balloon Sinuplasty Systems market.
  • Competitive dynamics insights and trends provided for the Balloon Sinuplasty Systems market.
  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Reasons to Buy

  • Understand the impact of COVID-19 on the Balloon Sinuplasty Systems market.
  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving the Balloon Sinuplasty Systems market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Balloon Sinuplasty Systems market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
  • Track device sales in the global and country-specific Balloon Sinuplasty Systems market from 2015-2033.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Johnson & Johnson
Medtronic Plc
Stryker Corp
Others

Frequently asked questions

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