Global Sinus Irrigation Systems Market: Introduction
Sinuses are hollow cavities and connected systems present in the human skull. The cheekbones hold the maxillary sinus, which is the largest sinus. The frontal sinus is located near low center of the forehead; the ethmoid sinus is present between the eyes; while the sphenoid sinus is located in the bone behind the nose. Sinus irrigation systems help in clearing the nostrils and washing out mucus and allergens.
Global Sinus Irrigation Systems Market: Competition Landscape
Key players operating in the global sinus irrigation systems market are Medtronic Plc., Neilmed Pharmaceuticals Inc., Medstar Co. Ltd., Air Liquide Medical Systems, Sinh2ox Health & Care, Heal Force, Bremed Ltd., WelbuTech, CHAMMED, and RhinoSystem, Inc. The market is highly fragmented with the presence of a large number of manufacturers. Increase in strategic collaborations and new product launches is expected to drive the global market during the forecast period.
To Know the Segments Analyzed in the Sinus Irrigation Systems Market Report, Ask for a Brochure here
Medtronic plc is a prominent global company that offers medical technologies, services, and solutions. Medtronic operates through four business segments: cardiac & vascular group, diabetes group, restorative therapies, and minimally invasive therapies. Through these segments, the company caters to hospitals, physicians, clinicians, and patients in approximately 160 countries.
Global Sinus Irrigation Systems Market: Dynamics
The sinus irrigation systems market is driven by various factors at global, regional, and country levels. Increasing prevalence of respiratory diseases and growing number of smokers are major factors contributing to the global sinus irrigation systems market. Risen prevalence of allergy and flu is also estimated to augment the global sinus irrigation systems market further during the forecast period. Furthermore, rise in investments by public and private sectors for the advancement in health care and surge in technological innovations are projected to propel the global market during the forecast period. Moreover, the existing market players are deploying advanced techniques to develop new processes for the development of technologically advanced sinus irrigation systems. This is anticipated to boost the demand for sinus irrigation systems during the forecast period. However, low awareness among people, especially in developing regions, is likely to restrain the global sinus irrigation systems market during the forecast period.
Increase in Prevalence and Incidence of Respiratory Diseases to Drive Global Market
The prevalence of respiratory diseases has been rising globally over the last decade. With the increase in elderly population, chronic respiratory disorders is becoming a prominent cause of disabilities and deaths. According to the Forum of International Respiratory Societies (FIRS), COPD affects more than 200 million people globally and is the fourth-largest cause of death in the world, while asthma affects about 235 million people worldwide.
Increasing Population of Smokers to Boost Global Market
The number of smokers across the world is large. Although the U.S. has witnessed a decline in the percentage of smokers, there are still 40 million smoker adults in the country. Of these, 20 million are likely to die prematurely unless they quit smoking. Furthermore, exposure to passive smoking raises the level of complications among people suffering from asthma and COPD. According to the American Lung Association, exposure to passive smoking can cause more than 202,000 asthma outbreaks among children in U.S. every year.
To Know More about TMRs Unique Offerings for Sinus Irrigation Systems Market, Request a Custom Report here.
According to the WHO, tobacco kills more than 6 million people every year globally. Of these, more than 600,000 are non-smokers killed due to exposure to passive smoking. This alarming statistics indicate that rise in the addiction of smoking and increase in the number of smokers are likely to propel the sinus irrigation systems market.
Global Sinus Irrigation Systems Market: Segmentation
Based on product type, the global sinus irrigation systems market can be divided into:
- Manual Sinus Irrigation Systems
- Electric Sinus Irrigation Systems
- Battery-powered Sinus Irrigation Systems
In terms of end-user, the global sinus irrigation systems market can be segregated into:
- ENT Clinics
- Homecare Settings
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.