Acute Sinusitis Market Development Strategy, Future Plans and Market Growth with High CAGR by Forecast 2027
Research Reports
May 24, 2022
Market Overview
Acute Sinusitis Market size is projected to be worth USD 3,319.41 million by 2027, registering a CAGR of 7.89% during the forecast period (2021 – 2027).
The advances in technologies and rapid developments in the health industry will create opportunities for firms seeking to enter the sinusitis treatment market. Sinusitis can be chronic or acute, with various germs such as viruses and bacteria blocking or filling the nasal membranes with fluid if left untreated.
Common symptoms include the common cold, fever, headache, sore throat, cough, and others. Sinusitis can lead to complications such as brain abscess and meningitis if it is not treated or diagnosed. Antibiotics are the primary treatment for sinusitis, and decongestants are used in severe cases.
A blood test, ciliary function test, sinus CT scan, nasal cytology and allergy testing, and sinus MRI are all available. According to the Centers for Disease Control and Prevention (CDC), 11.7 million people in the United States seek treatment for chronic sinusitis.
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Demand for diagnostics and antibiotics, as well as patient education programmes by companies and hospitals to raise public awareness, are factors driving the growth of the sinusitis treatment market. Additional factors driving the market over the forecasted period include technological advancements, a large number of people suffering from common colds, and no age restriction.
Though the sinusitis treatment market is estimated to produce massive income over the forecast period, the accessibility of the test and the high cost of diagnostic tests for sinusitis are major challenges for the sinusitis treatment market’s overall growth. Clinical trials for drugs are a major challenge for pharmaceutical companies.
Sinusitis can be chronic or acute, with various germs such as bacteria and viruses blocking or filling the nasal cavities if it is not treated. If not treated or detected, sinusitis can cause complications such as a brain abscess and meningitis. Blood checks, ciliary component tests, nasal cytology and allergy testing, sinus CT scans, and sinus MRIs are all accessible for diagnostic purposes. Antibiotics are the first-line therapies, accompanied by decongestants and, in severe cases, surgery. Sinusitis affects approximately 30 million people in the United States alone each year, as per Sinus & Allergy Wellness Center 2020. As a result, sinusitis is the subject of extensive research.
Market Segmentation
By Product Type
Balloon Sinuplasty Systems
Rhinoscopy
Sinuscopes
Sinus Stents
FESS Instruments Set
By End User
Hospitals & Clinics
Ambulatory Surgical Center
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Regional Classification
North America dominated the sinus dilation devices market in 2021, accounting for the largest share, and is expected to maintain this trend throughout the forecast period, owing to an increase in the number of sinus surgical procedures as well as heavy government expenditure on healthcare. Furthermore, a large number of product launches in the region are expected to drive market growth.
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Key players
Sanofi (France),Abbott (US),Bayer AG (Germany),Aurobindo Pharma (India),Bristol Myers Squibb (US),Merck KGaA (Germany),AstraZeneca (UK),Reddy’s Laboratories, Ltd. (India),Novartis AG (Switzerland),GlaxoSmithKline plc (UK)
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