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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 favourable 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.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.