Nasal spray market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 22.71 billion by 2027 growing at a CAGR of 6.12% in the above-mentioned forecast period.
Changing lifestyle across the globe, improving patient compliance, growing geriatric population, increasing level of pollution, painless way of administrating drug will likely to accelerate the growth of the nasal spray market in the forecast period of 2020-2027. On the other hand, adoption of nasal spray as an effective route of drug administration and rising demand for self-administration will further boost various opportunities that will lead to the growth of the nasal spray market in the above mentioned forecast period.
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Key Market Competitors: Nasal Spray Market
The major players covered in the nasal spray market report are ADAPT Pharma, Inc., Sandoz International GmbH, INNOVUS PHARMACEUTICALS, INC., Cipla Inc., Aurena, J Pharmaceuticals, Bayer AG, St. Renatus, ARIUS FORMULATIONS PVT LTD, Ultratech India Limited, GlaxoSmithKline plc, Egalet Corporation, LEEFORD HEALTHCARE LTD, Aishwarya Group, Mylan N.V., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Catalent, Inc and ALLERGAN, among other domestic and global players.
Segmentation: Nasal Spray Market
· Based on product type, the nasal spray market is segmented into decongestion nasal spray, steroid nasal spray, salt water solution/saline nasal spray, others
· On the basis of container design, the nasal spray market is segmented into pressurized canisters and pump bottles
· Based upon dosage form, the nasal spray market is segmented into bi dose and multi dose
· The prescription mode in nasal spray is segmented into over the counter and prescription based
· On the basis of therapeutic classes, the nasal spray market is segmented into antihistamine, nasal steroids, mast cell inhibitor and anticholinergic
· Based upon application, the nasal spray market is segmented into nasal congestion, allergic and non-allergic rhinitis, central nervous system disorders, vaccination and others
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