Press release
Nasal Spray Market is Expected to Grow at a CAGR of 7.2% within the forecast period of 2023-2030: Cognitive Market Research
Nasal Spray Market is Expected to Grow at a CAGR of 7.2% within the forecast period of 2023-2030: Cognitive Market Research
Nasal sprays are liquid medicines that are sprayed into the nostrils. They're used to help reduce nasal congestion. Congestion is a common symptom of allergies or a cold. Nasal sprays are offered as over-the-counter or prescription medications. The nasal spray comes in two different packaging options: pressurized canisters and pump bottles.
Summary:
• The nasal spray market is estimated to be valued at USD 9,456.8 Million in 2022 and is expected to Grow at a CAGR of 7.2% during the forecast period 2023-2030
• North America dominates the global cell therapy manufacturing market with a major revenue share
• The hospitals' Pharmacies segment dominates the global nasal spray market
• Allergic rhinitis segment is anticipated to dominate the global nasal spray market.
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Market Dynamics
An increase in allergic infections and rhinitis drive the demand for the global nasal spray market. In addition, rising geriatric population is expected to drive the global nasal spray market. Furthermore, increased demand for self-administration of nasal spray provides the opportunity for the growth of the target market. However, strict regulatory rules by healthcare authorities are expected to hinder the growth of the nasal spray market.
Market Segmentation
By Type:
Prescription Based
o Branded
o Generic
Over-the-Counter
o Branded
o Generic
By type the market is segmented into prescription based, and over the counter. Over-the-Counter segment dominates the global nasal spray market, due to nasal spray medicines are readily available for over-the-counter purchase.
By Indication:
• Allergic Rhinitis
• Nasal Allergies
• Nasal Congestion
• Others
By indication the market is segmented into allergic rhinitis, nasal allergies, nasal congestion, and others. Allergic rhinitis segment is anticipated to dominate the market, due to increasing allergic rhinitis cases in the Asia pacific region.
By Distribution Channel:
• Hospitals Pharmacies
• Retail Pharmacies
• Online Pharmacies
The hospitals' Pharmacies segment dominates the global nasal spray market. This is attributed to the presence of intensive care units along with more requirements to meet the product demand.
The Major Players in The nasal spray market Are:
Sterimar, LABORATOIRE DE LA MER, Gerolymatos InternationaL, Humer (Laboratoire URGO), Gifrer, GSK, Nacur Healthcare
Get free sample pages of latest published The nasal spray market Report 2023:
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Regional Analysis:
North America dominates the global nasal spray market with a major revenue share. This is attributed to, the strong economies of the United States and Canada, which enable significant investment in new technologies. Furthermore, Asia Pacific dominates the global market in terms of growth rate. This is attributed to changing lifestyles and adoption of the new technologies in the country in the region.
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Nasal Sprays Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
• 3.1 Global Nasal Sprays Market Size 2018 - 2030, (USD Million)
• 3.2 Global Nasal Sprays Market: Snapshot
Chapter 4 Global Nasal Sprays Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Nasal Sprays Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Nasal Sprays Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Nasal Sprays Market Regional Analysis
Chapter 11 North America Nasal Sprays Market Outlook (2018 - 2030)
Chapter 12 Europe Nasal Sprays Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Nasal Sprays Market Outlook (2018 - 2030)
Chapter 14 Latin America Nasal Sprays Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Nasal Sprays Market Outlook (2018 - 2030)
Chapter 16 Research Findings
Related report
• Inhalation And Nasal Spray Generic Drugs Market :
https://www.cognitivemarketresearch.com/inhalation-and-nasal-spray-generic-drugs-market-report
• Global Allergic Rhinitis Market :
https://www.cognitivemarketresearch.com/allergic-rhinitis-market-report
• Global Saline Nasal Spray Market:
https://www.cognitivemarketresearch.com/saline-nasal-spray-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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