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

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Drug-eluting Stents Market: According to the latest research by Transparency Market Research (TMR) on the drug eluting stents market, the worldwide sales of drug-eluting stents will reach ~US$ 5.5 billion in 2019, recording a promising CAGR of ~5% during the period of 2019-2027, the introduction of fully-bioresorbable stents, rise in the prevalence of cardiovascular diseases, and product launches by key market players are key factors that are anticipated to drive the market.

Rhinoscope Devices Market: Increase in the number of cases of chronic sinusitis have fueled the demand for rhinoscope devices market for diagnosis and treatment purposes. Moreover, advancements in the sinusitis treatment will have a positive impact on the market and contribute to its growth significantly during the forecast period.

Endoscopy Equipment Market: According to the TMR, the global endoscopy equipment market was valued at US$27.5 bn in 2017 and is expected to decline with 4% CAGR over the forecast period from 2017 to 2025 to reach a value of US$33.5 bn by the end of forecast period. Surge in incidences of cancer and gastrointestinal diseases among other chronic diseases globally, owing to the growing in geriatric population, changes in demographics & lifestyle, and obesity are the major factors fuelling growth of the endoscopy equipment market.

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