Increasing Research and Development to Underscore Growth in Sinus Dilation Devices Market Forward from 2018 to 2026

TMR

- Minimally invasive procedures have witnessed technological advancements and that is set to pave way for growth in the market

- Higher acceptance of balloon sinus dilation devices for rhinosinusitis treatment to be a major growth factor

- North America and Europe will hold a major share of the global sinus dilation devices market

ALBANY, N.Y, Aug. 10, 2020 /PRNewswire/ -- A compound annual growth rate of 8.2% will be charted by global sinus dilation devices market over the period of 2018 to 2026, taking the market worth up to a considerable value. Factors such as clinical acceptance of balloon sinuplasty, and growing research and development (R&D) in the field are leading to growth in the market.

As per Transparency Market Research, "Adoption of systems that are lowering care cost is fuelling growth in the global market over the forecast period. It is pertinent to note here that innovation in design is a major determinant of growth in global sinus dilation devices market."

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Key Findings of Global Sinus Dilation Devices Market Study:

• Balloon Sinus Dilation devices will account for a major market share over the forecast period
• Increase in adoption of these devices in chronic rhinosinusitis treatment is paving way for growth of the aforementioned segment
• North America to hold a prominent share of the market while Asia Pacific is set to generate multiple opportunities of growth over the forecast period

For a detailed analysis of global sinus dilation devices market by product, patient type, procedure, end-user, and region, visit TOC at https://www.transparencymarketresearch.com/report-toc/59688

Key Drivers of Growth in Global Sinus Dilation Devices Market:

• Minimally invasive procedures are high in demand from people suffering from chronic rhinosinusitis, leading to growth in the market
• Growing cases of chronic sinusitis is paving way for growth in the global sinus dilation devices market
• Advancement in technology and focus on innovation are set to propel market on a high growth trajectory
• Increase in research and development activities is marking the market landscape and this is set to drive it forward
• Growing awareness regarding the condition and available treatments and devices is fuelling growth

Regional Analysis of Global Sinus Dilation Devices Market: