Middle East & Africa Sinus Dilation Device Market Size & Outlook
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MEA sinus dilation device market highlights
- The MEA sinus dilation device market generated a revenue of USD 92.5 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, ballon sinus dilation devices was the largest revenue generating product in 2023.
- Functional Endoscopic Sinus Surgery (FESS) Instruments Set is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 92.5 million |
| Market revenue in 2030 | USD 159.9 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Ballon sinus dilation devices |
| Fastest growing segment | Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ballon Sinus Dilation Devices, Endoscopes, Sinus Stents/Implants, Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
| Key market players worldwide | Medtronic PLC, Smith & Nephew PLC, Stryker Corp, Intersect ENT, Olympus Corp, Johnson & Johnson, TE Connectivity Ltd, SinuSys Corp., InnAccel |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global sinus dilation device market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,220.6 million by 2030.
Ballon sinus dilation devices was the largest segment with a revenue share of 46.49% in 2023. Horizon Databook has segmented the Middle East & Africa sinus dilation device market based on ballon sinus dilation devices, endoscopes, sinus stents/implants, functional endoscopic sinus surgery (fess) instruments set covering the revenue growth of each sub-segment from 2016 to 2030.
According to International Journal of Advanced Research (IJAR), in 2016, the prevalence of CRS among women was around 61.6%, which was higher than that among men accounting for around 55.6%.
The most affected age group in Saudi Arabia was 21-30 years. Furthermore, there is an increase in the number of nonprofit organizations, such as ENT Society of South Africa, Saudi Otorhinolaryngology—Head and Neck Society, Saudi Cancer Society.
The South African Society of Otorhinolaryngology Head and Neck Surgery, and Cancer Association of South Africa (CANSA). These organizations are taking efforts to raise awareness about the causes of CRS, which is expected to boost market growth to a certain extent.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| InnAccel | View profile | 11-50 | Bangalore, Karnataka, India, Asia | http://www.innaccel.com |
| SinuSys Corp. | View profile | 1-10 | Palo Alto, California, United States, North America | http://www.sinusys.com |
| Intersect ENT | View profile | 251-500 | Menlo Park, California, United States, North America | http://www.intersectent.com |
| TE Connectivity Ltd | View profile | 90000 | Muhlenstrasse 26, Schaffhausen, Switzerland, CH-8200 | https://www.te.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
MEA sinus dilation device market size, by country, 2016-2030 (US$M)
Middle East & Africa Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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