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Sinus Dilation Devices Market Size, Share, Growth, Analysis Forecast to 2030
Sinus Dilation Devices Industry Overview
The global sinus dilation devices market size was valued at USD 2.74 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030.
The high preference for minimally invasive procedures, favorable reimbursement scenarios, rising awareness about the advantages of balloon sinuplasty over other conventional techniques, and the prevalence of chronic sinusitis are the major factors fostering the market growth. Developing advanced surgery techniques helps increase the market dynamics by replacing traditional procedures.
Gather more insights about the market drivers, restrains and growth of the Sinus Dilation Devices Market
Technological advancements, such as surgical laser technologies, in sinus surgery ensure minimal ablation and have fewer side effects. Decreased turnaround time enables these procedures to be performed in outpatient departments. For instance, in 2022, the National Health Service (NHS) introduced an innovative laser treatment for patients with epilepsy. This pioneering therapy utilizes lasers to target and treat areas of the brain that cause seizures, providing a new and advanced approach to managing epilepsy and improving patients' quality of life.
The COVID-19 pandemic led to interruptions in routine patient care. Many healthcare organizations have canceled routine clinic visits and elective surgeries to increase and maintain the availability of intensive care and inpatient care beds and have reorganized medical and nursing staff. This has particularly interrupted care for patients with chronic rhinitis. The patients opted for teleconsultations and temporary options for sinus-related problems.
For instance, in Canada, there was a significant decline in the number of surgeries during the first 31 months of the pandemic, amounting to approximately 937,000 fewer surgeries (14%) compared to the pre-pandemic period. These figures were determined by comparing the surgeries performed since March 2020 to a baseline of 2019 without considering population growth or other factors. The most substantial drop in surgeries occurred in the initial four months of the pandemic (March to June 2020), when many scheduled and non-urgent procedures were postponed or canceled across the country to align with public health guidelines.
Browse through Grand View Research's Medical Devices Industry Research Reports.
⢠The global embolic protection devices market size was valued at USD 612.9 million in 2023 and is projected to grow at a CAGR of 8.7% from 2024 to 2030.
⢠The global bone densitometers market size was valued at USD 241.2 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.
Global Sinus Dilation Devices Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global sinus dilation devices market based on product, type, procedure, application, end use, and region.
Product Outlook (Revenue in USD Million, 2018 - 2030)
Ballon Sinus Dilation Devices
EndoscopesÂ
Sinus Stents/ImplantsÂ
Functional Endoscopic Sinus Surgery (FESS) Instruments Set
Others
Type Outlook (Revenue in USD Million, 2018 - 2030)
Sinuscopes
Rhinoscopes
Procedure Outlook (Revenue in USD Million, 2018 - 2030)
Standalone
Hybrid
Application Outlook (Revenue in USD Million, 2018 - 2030)
Adult
Pediatric
End-use Outlook (Revenue in USD Million, 2018 - 2030)
HospitalsÂ
Ambulatory Surgical CentersÂ
ENT Clinics/In Office
Regional Outlook (Revenue in USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
South Africa
Saudi Arabia
UAE
Kuwait
Key Companies & Market Share Insights
Key players in the market are focusing on adopting growth strategies, such as mergers and acquisitions, developing existing devices, promotional events, and technological advancements. For instance, Intersect ENT, Inc., one of the leading medical technology companies for ear, nose, and throat care, introduced a new product in the U.S. called the Straight Delivery System (SDS) along with the PROPEL Mini Sinus Implant (a medical device). The U.S. Food and Drug Administration has approved this combined packaging, making it available for use. The Straight Delivery System was previously approved in July 2020. In simple terms, Intersect ENT has launched a new product in the U.S. that includes a medical device called the SDS and the PROPEL Mini Sinus Implant, which the FDA has approved for use:
Medtronic
Smith+Nephew
Stryker
Intersect ENT, Inc
Olympus Corporation
SinuSys Corporation
Johnson & Johnson Services, Inc.
TE Connectivity
InnAccel Technologies Pvt Ltd
Order a free sample PDF of the Sinus Dilation Devices Market Intelligence Study, published by Grand View Research.
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BONE DENSITOMETER DEVICES MARKET Growth, Industry Size-Share, Global Trends, Key Players Strategies and Upcoming Demand
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Global Bone Densitometer Market Size, Share & growth is Projected to Reach USD 356.2 Million By 2027 | BlueWeave
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global bone densitometer market was worth USD 259.3 million in the year 2020. The market is estimated to grow at a CAGR of 4.8%, earning revenue of around USD 356.2 million by the end of 2027. The growth of the global bone densitometer market can be attributed to factors such as the increasing geriatric and obese population, as well as the increasing population of post-menopausal women. Menopause, defined as the natural termination of menstrual cycles in women between the ages of 45 and 55, can raise the risk of osteoporosis, a condition in which bones become fragile and susceptible to fractures. The rising need for bone densitometers is due to this demographic's increased risk of bone-related ailments.
Moreover, emerging economies are also promoting the adoption of advanced medical technologies, which is also influencing the growth of the global bone densitometer market. However, the high cost of bone densitometer equipment and limited awareness surrounding such medical technology may restrict the market growth.
Surging Use of Bone Densitometer in Team Sport Athletes
Bone densitometers are used for determining bone mineral density and estimating the chances of fractures. Therefore, it is increasingly used for assessing the bone density and body composition of sports athletes. Using fan and pencil DXA scans, several sorts of research are undertaken to examine the fat mass, bone mineral content, and fat-free soft tissues of athletes. For such body composition analyses of sports players, the bone densitometer has proven to be quite useful. Such tests are used to determine which players are fit for the game during the fitness test. This is a key factor propelling the demand for bone densitometers across the globe.
Increasing Demand for Axial Bone Densitometry Estimated to Propel Global Bone Densitometer Market
Axial bone densitometry has high demand in the market. Its high prominence in healthcare facilities can be associated with its high adoption rate as this equipment can cater to various clinical needs. This equipment is primarily used for obtaining accurate results of certain diagnoses. Furthermore, the cost-effectiveness of axial bone densitometry has an impact on the global bone densitometer market. Axial bone densitometry is gaining popularity due to its excellent precision and low-performance variance.
The Hospital Segment Will Lead the Global Bone Densitometer Market In The Forecast Period
Based on end-users, the global bone densitometer market is categorized into hospitals & specialty clinics, diagnostic & imaging centers, and other end users. Among these, hospitals acquire the largest market share and are also estimated to grow at a high CAGR during the forecast period. This is because a large percentage of the patient population prefers approaching hospitals to seek diagnosis or treatment. Also, due to the expansion and accessibility of medical services, the demand for bone densitometers is growing rapidly as well.
Request to Download Free Sample Report: https://www.blueweaveconsulting.com/global-bone-densitometer-market-report/report-sample
Global Bone Densitometer Market - Regional Insights
Geographically, the global bone densitometer market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, North America dominates the global densitometer market. However, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period. The increasing prevalence of osteoporosis, along with the high population density in countries like India, China, Japan, etc., is influencing the surging demand for bone densitometers in this region. Furthermore, the increasing healthcare expenditure and rising awareness regarding various bone-related ailments are also contributing to the flourishing bone densitometer market.
Impact of COVID-19 on Global Bone Densitometer Market
The COVID-19-induced pandemic has had disruptive effects on the global bone densitometer market. The number of outpatient activities like health checkups declined significantly after the implementation of nationwide lockdowns imposed by the governments of different countries. This has negatively affected the demand for bone densitometer equipment. Moreover, the entire healthcare facility was focused on the treatment of the surging COVID-19 cases as a result of which the diagnosis or monitoring of other non-emergency health issues was paused for the time being. Densitometer research and development also slowed as vaccine research for Covid-19 took priority.
However, because of the global lockdown, the need for equipment to monitor bone density on a frequent basis while indoors had also skyrocketed. Furthermore, it has been estimated that the revival of the bone densitometer market in the post-COVID-19 period is going to be a slow process.
Global Bone Densitometer Market - Competitive Landscape
The leading market players in the global bone densitometer market are Quest Diagnostics, GE Healthcare, CompuMed, Inc., Hologic Inc., Osteometer MediTech, BeamMed Ltd., MEDILINK, DMS Imaging, Swissray International, Inc., Lone Oak Medical Technologies LLC, Xingaoyi Co., Ltd., Swissray Global Healthcare Holding, Ltd., Eurotec Medical Systems S.R.L., Yozma Bmtech Co., Ltd., Lâacn Lâaccessorio Nucleare S.R.L, Nanoomtech Co., Ltd., Xianyang Kanrota Digital Ultrasound System, Co., Ltd., Diagnostic Medical Systems Group, OSI Systems, Inc., and other prominent players.
The global bone densitometer market is crowded with multiple industry participants; thus, it is difficult for new entrants to penetrate. To keep up with the competition, the companies focus on product innovation and advancement through R&D programs as well as launching new products. Also prevalent in the market are strategies such as joint ventures, mergers and acquisitions, and partnerships.
Donât miss the business opportunity of the global bone densitometer market. Consult our analysts to gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global bone densitometer market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global bone densitometer market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
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#global bone densitometer market#global bone densitometer market size#global bone densitometer market share#global bone densitometer market forecast
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Dermatology Devices 2024 Industry â Challenges, Drivers, Outlook, Segmentation - Analysis to 2030
Dermatology Devices Industry Overview
The global dermatology devices market size was valued at USD 15.29 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.64% from 2024 to 2030.
The increasing prevalence of skin cancer and other skin diseases is contributing largely to the high demand for the skin care instruments market. Furthermore, growing awareness among people about the aesthetic appeal and technological advancements in skin care instruments are also increasing the adoption of these devices significantly. The rise in disposable income is also considered as one of the important factors driving the market growth of dermatology devices.
Gather more insights about the market drivers, restrains and growth of the Dermatology Devices Market
Skin cancer prevalence is increasing, with melanoma and non-melanoma skin cancers rising. The Skin Cancer Foundation reports that every year in the U.S., approximately 10,130 people die due to melanoma. Additionally, according to the International Agency for Research on Cancer, globally, the number of new melanoma skin cancer is estimated to increase from 324,635 in 2020 to 413,132 by 2030. As a result, there is a growing demand for quick and accurate diagnosis of skin disorders, and it is expected to boost the market in forecast years.
The COVID-19 pandemic has affected various industries. Due to the pandemic, there has been a decrease in the number of patients visiting hospitals and clinics for non-essential medical procedures, including those related to dermatology. This has led to a decline in the demand for dermatological instruments, such as laser therapy and microdermabrasion instruments. However, the market for dermatological devices has seen a V shape recovery. With the successful rollout of vaccines in all regions, the volume of dermatological tools is beginning to recover to its pre-pandemic levels. In 2021, the market has witnessed high demand due to the backlog of 2020 and increased interest from people related to dermatological procedures. The dermatological devices market has witnessed high volatility during the past few months and is expected to return to its normal growth trend by 2023.
The dermatology devices market is developing rapidly due to growing aesthetic awareness. In the current scenario, people of all age groups are increasingly concerned about enhancing their aesthetic appeal. Complete skin rejuvenation improves the aesthetic appeal of a person. There has been a noticeable trend towards utilizing technologically advanced equipment in the field of dermatology. These devices help diagnose and treat various skin diseases accurately and improve one's overall appearance. The advent of non-invasive laser therapies has particularly led to a surge in demand for such advanced equipment.
Browse through Grand View Research's Medical Devices Industry Research Reports.
⢠The global radiation dose monitoring market size was valued at USD 3.44 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
⢠The global bone densitometers market size was valued at USD 241.2 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.
Key Dermatology Devices Company Insights
Some of the key players operating in the market include Alma Lasers GmbH, Syneron Medical Ltd., Solta Medical, Inc., Cynosure, Ifnc., Cutera, Inc.
Alma Lasers is a company providing light-based, laser, ultrasound, and radiofrequency solutions in surgical and aesthetic fields. The company is present in over 80 countries across the globe. It operates through three major business segments: Surgical, beauty solutions, and medical aesthetic solutions.
Cynosure, Inc. is a manufacturer of light-based systems used in medical and aesthetic procedures. The companyâs products are used in procedures such as body contouring, skin rejuvenation, hair removal, and scar reduction. It holds 37 patents and has its own distribution channel with subsidiaries in over 60 countries across the globe.
3Gen, Aesthetic Group, Ambicare Health, Image Derm, Inc are some of the emerging market participants in the dermatology devices market.
3Gen is a medical devices company engaged in manufacturing and marketing of DermLite. The company offers a wide range of dermatoscopes for diagnosis of various skin care conditions and diseases. Majority of the companyâs products are used for skin cancer detection.
Image Derm, Inc. is a medical devices company engaged in manufacturing and marketing of microdermabrasion devices. The company offers products for crystal microdermabrasion, diamond microdermabrasion, and serum infusion. It offers its diverse products for various end-use settings such as beauty salons, dermatology clinics, and spas.
Key Dermatology Devices Companies
The following are the leading companies in the dermatology devices market. These companies collectively hold the largest market share and dictate industry trends. Financials, strategy maps & products of these dermatology devices companies are analyzed to map the supply network.
Alma Lasers GmbH
Cynosure, Inc.
Solta Medical, Inc.
Cutera, Inc.
Syneron Medical Ltd.
Canfield Scientific, Inc.
3Gen
Aesthetic Group
Ambicare Health
Image Derm, Inc.
Order a free sample PDF of the Dermatology Devices Market Intelligence Study, published by Grand View Research.
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Bone density scanning, also widely known as bone densitometry or dual-energy x-ray absorptiometry (DXA), is one of the most advanced forms of x-ray technology that is used widely to measure bone loss. Today, DXA has become one of the gold standards for measuring bone mineral density (BMD) accurately.
#Bone Densitometry System Market#Bone Densitometer Market Size#Global Bone Densitometers Market#Bone Densitometer Devices Market
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According to Nova one advisor, the global Bone Densitometer market size was estimated at USD 300 million in 2022 and is expected to surpass around USD 410 million by 2030 and poised to grow at a compound annual growth rate (CAGR) of 8.2% during the forecast period 2022 to 2030.
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According to the global Bone Densitometer market size is expected to surpass around USD 410 million by 2030 from valued at USD 300 million in 2022 and growing at a CAGR of 8.2% from 2022 to 2030.
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