Sinusitis Treatment Market Worth Around 50.41 Billion USD by 2024 | Vigorous CAGR 12.4% In Global Market

Factors propelling the growth of the market include growing number of chronic sinusitis patients coupled with technological advancements in sinus surgery. Moreover, growing awareness among people regarding its detection and treatment, and investment in research and development activities by major players is further propelling the growth of the global sinusitis treatment market.

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The years used for the assessment are as follows;

Historical year: 2014, 2015, 2016
Base year: 2017
Forecast period: 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on the data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total global sinusitis treatment market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global sinusitis treatment market
Finalizing the overall size and share of the global sinusitis treatment market

OBJECTIVES:

To analyze market trends, opportunities, drivers, and restraints associated with the Sinusitis market
To study market response with respect to the mergers and acquisitions in the industry
To profile key companies operating in the sinusitis treatment market and provide their competitive landscape

MARKET SCOPE

The research scope for Global Sinusitis Treatment Market is as follows:

By Types

Chronic sinusitis
Acute sinusitis
Sub-acute sinus
Recurrent sinusitis

By Age Group

Children
Teenagers
Adults

By Types of Treatment

Oral Decongestants
Expectorants
Nasal Spray
Antibiotics
Antihistamines
Surgery
Functional endoscopic sinus surgery (FESS)
Image guided surgery
Caldwell Luc operation
Others

By End-User

Hospitals
Surgical Centers
Pharmacy Store

By Region

North America
Latin America
Europe
Asia-Pacific
Middle East and Africa

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FREE ANALYSIS

Global Sinusitis Treatment Market size is expected to reach, USD 50.41 Billion in 2024, at a CAGR of 12.4% from 2018 to 2024. Factors propelling the growth of the market include growing number of chronic sinusitis patients coupled with technological advancements in sinus surgery. Moreover, growing awareness among people regarding its detection and treatment, and investment in research and development activities by major players is further propelling the growth of the global sinusitis treatment market.

Sinusitis disease affects millions of people every year and is a major health problem across the globe. Sinusitis is the inflammation of the of the air cavities within the passages of the nose. It is generally caused by infection (bacteria, and viruses), chemical, allergies, and autoimmune problems. The purpose of sinus surgery is to remove the unhealthy sinus tissue and create a better pathway. The technological advancements (surgical laser technologies) in sinus surgery improve the patient’s life and have fewer side-effects. The technology uses a laser to remove the unwanted sinus tissue and provides relief from chronic sinusitis with less bleeding and pain.

On the basis of Types, the chronic sinusitis segment holds the largest share of the global sinusitis treatment market in 2017 due to growing number of chronic sinusitis patients with long-term blockage and inflammation condition. Based on Age Group, the adults segment holds the major share of the global sinusitis treatment market.

Geographically, North America holds the major share of global sinusitis treatment market in 2017, due to growing incidence of sinusitis coupled with developments in sinus surgery in the region. Asia-Pacific region is expected to witness fastest growth rate during the forecast period owing to the growing awareness among people regarding the diagnosis and treatment of sinusitis, and increasing number of bacteria and viruses infections in the region.

Key players in Global Sinusitis Treatment Market are Novartis AG, Zydus Cadila, Beximco Pharmaceuticals Ltd, Abbott Laboratories, Reddys Lab, Bristol-Myers Squibb, Bayer AG, Sun Pharmaceutical Industries Ltd., Eli Lilly, and Sanofi, among others.

Table Of Contents

Global Sinusitis Treatment Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

CHAPTER 2. Market Outlook

CHAPTER 3. Market Entry Strategy

CHAPTER 4. Global Sinusitis Treatment Market Size and Forecast (2014 – 2024)

CHAPTER 5. Global Sinusitis Treatment Market, By Geography

CHAPTER 6. Key Players and Strategic Developments

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