Functional Endoscopic Sinus Surgery Market worth $1.7 billion by 2029 driven by Rise in Technological Innovations | MarketsandMarkets™ [Yahoo! Finance]
Medtronic plc. Ordinary Shares (MDT)
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am
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1.7 billion by 2029, at a CAGR of 7.6%. The growth of the Functional Endoscopic Sinus Surgery (FESS) market is driven by a shift towards minimally invasive, in-office surgeries offering advantages like less anesthesia, faster turnaround times, and reduced costs. Innovations such as robotic-assisted surgeries provide improved precision and reduced tissue trauma. However, the market faces restraints due to a shortage of skilled professionals and the availability of non-surgical treatments. High prevalence of chronic sinusitis and the demand for organ transplants and cell & gene therapy present attractive opportunities, while challenges include storage and transportation logistics. Major players like Medtronic, Stryker, Olympus, B. Braun Melsungen, and KARL STORZ dominate the market, with the endoscopes segment expected to register the highest growth rate due to technological innovations. The fungal sinusitis indication segment leads the market, supported by the increasing elderly popula
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MDT
Earnings
- 8/20/24 - Beat
MDT
Sec Filings
- 9/5/24 - Form ARS
- 8/27/24 - Form 10-Q
- 8/27/24 - Form IRANNOTICE
- MDT's page on the SEC website