Functional Endoscopic Sinus Surgery Market Size is expected to reach USD 57.0 billion in 2034

• The functional endoscopic sinus surgery market was estimated to be worth USD 1.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2034, when it is expected to reach USD 57.0 billion.
• By draining the sinuses, functional endoscopic sinus surgery improves sinusitis symptoms and lowers the frequency and intensity of sinus infections. The market is increasing and sustainable since it is in line with the healthcare industry.
• Some healthcare providers use the term “functional” because the surgery is done to restore how your sinuses work, or function. It helps to reduce the number and severity of sinus infections, improves the sinusitis symptoms, drainage of the sinuses and airflow through the nose with the sense of smell.?

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GROWTH DRIVERS

• One of the main factors propelling the market for functional endoscopic sinus surgery is the increase in the prevalence of chronic sinusitis worldwide. According to recent data, almost 29 million persons in the US suffer with sinusitis, making it a common health concern. This indicates that approximately 11.6% of adults have this illness, making it one of the most prevalent health issues resulting in doctor visits. Sinusitis is becoming more common due to a number of factors.
• The rise in sinusitis cases could also be attributed to an aging population and a rise in the usage of immunosuppressive treatments. Notably, according to TGH Urgent Care, while these factors can raise the risk of sinusitis, the precise cause can differ substantially from person to person.
• There is a greater need for functional endoscopic sinus procedures as the population ages and becomes more prone to sinus-related problems. As people age, their nasal mucosa deteriorates physiologically, which can lead to nasal blockage, dryness, crusting, postnasal drip, and frequent throat clearing.

MARKET SEGMENTATION:

·?????????By Product Type- endoscopes (sinuscopes and rhinoscopes), surgical instruments and navigation systems (optical navigation and electromagnetic navigation)

·?????????By Procedure-?Ethmoidectomy, maxillary antrostomy, powdered septoplasty with turbinoplasty, ungiectomy (retrograde & anterograde), excision of Concha Bullosa, Sphenoidotomy and others

·?????????By Distribution Channel- Direct Sales, Distributors, Online Sales

·?????????By End-Users- Hospitals, ambulatory surgical centers and specialty clinics

·?????????By Region-?North America, Europe, Asia Pacific, Middle East and Africa, South America

Global Key Players:

·?????????Medtronic

·?????????Stryker Corporation

·?????????Olympus Corporation

·?????????B. Braun

·?????????Karl Storz

·?????????Johnson & Johnson

·?????????Sinusys

·?????????Smith + Nephew

·?????????BrainLab AG

·?????????Rudolf Medical

·?????????Other Players

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