According to a new market research report launched by Inkwood Research, the Global Nasal Spray Device Marketis propelling at 6.78% of CAGR during the forecast period. In terms of revenue, the market is expected to evolve at $24,264 million by 2027.
Browse 30 market data Tables and 47 figures spread over 160Pages, along with in-depth analysis on Global Nasal Spray Device Market by Product, Prescription, Therapeutic, Application, End-User & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Nasal Spray Device Market Scenario
Nasal spray devices are used to deliver drugs through the nose. These spray contains therapeutically active ingredients in the form of a solution, suspension and others, and are mostly used to treat allergic conditions and nasal congestion. The growing incidence of respiratory diseases, such as chronic obstructive pulmonary diseases (COPD) and cost-effective generic drugs, are prime factors surging the growth of the market across the globe.
The strict regulations for nasal drug delivery assessment regulated by various agencies, such as the Food and Drug Administration (FDA) and the European Medicines Agency (EMA) and recalling of products that fail the quality standards set by the U.S. are some of the major challenges restraining the market growth globally. Nevertheless, the rising adoption of generic drugs in the healthcare industry by several countries across the globe due to the simplified FDA regulations regarding generic drug approval offer lucrative opportunities to the manufacturers.
The Global Nasal Spray Device Market report provides data tables and includes charts and graphs for visual analysis.
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Therapeutic is segmented into:
- Nasal steroids
- Mast cell inhibitor
Product is segmented into:
- Saltwater solution/ saline nasal spray
- Steroid nasal spray
- Decongestion nasal spray
Application is segmented into:
- CNS disorders
- Allergic and non-allergic rhinitis
- Nasal congestion
- Other applications
Prescription is segmented into:
- Over the counter
End-user is segmented into:
- Home care setting
- Other end-users
– The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
– Market forecasts till 2027, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2027
- ALLERGAN INC
- ADAPT PHARMA, INC (ACQUIRED BY EMERGENT BIOSOLUTIONS)
- MYLAN NV
- SANDOZ INTERNATIONAL GMBH (SUBSIDIARY OF NOVARTIS AG)
- SUN PHARMACEUTICALS INDUSTRIES, LTD
- MERCK & CO., INC
- SANOFI-AVENTIS S.A.
- HIKMA PHARMACEUTICALS PLC
- BEXIMCO PHARMACEUTICALS
- TEVA PHARMACEUTICAL INDUSTRIES LTD
- BECTON DICKINSON AND COMPANY
- PFIZER, INC