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Nasal Drug Delivery Technologies Market 2017-2023 | Value set to reach Industry Expectations
Nasal Drug Delivery Technologies Market
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The global nasal drug delivery technology market is driven by rise in demand for alternative routes of drug delivery such as nasal sprays, increase in emphasis on pediatric & geriatric patients, growth in need of easy administration & better efficacy products, rise in demand for home healthcare devices, surge in adoption of self-administration practices, and advanced healthcare set-up. However, patents expiry of several drugs and side effects pertaining to drugs, such as nausea, irritation, and infections, restrain the market growth. Conversely, the development of OTC drugs by many pharmaceutical companies provides lucrative opportunities for market growth, especially for nasal drops and sprays sold as generic OTC drugs.
The global nasal drug delivery technology market is segmented on the basis of dosage form, container, system, therapeutic application, end user, and region. Based on dosage form, it is categorized into sprays, drops & liquids, powders, gels, and others. On the basis of container, it is bifurcated into pressurized containers and non-pressurized containers. Based on system, it is divided into multi-dose systems, bi-dose systems, and unit-dose systems. Based on therapeutic application, it is classified into allergic & non-allergic rhinitis, nose congestion, vaccination, and others. Based on end user, it is divided into home care settings and hospitals. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key players operating in this market include Merck & Co., Inc., Novartis AG, Johnson & Johnson, Pfizer Inc., AstraZeneca, AptarGroup, Inc., GlaxoSmithKline plc., Aegis Therapeutics LLC., and Becton, Dickinson and Company.
Key Benefits:
• The report presents the market analysis of the global nasal drug delivery technology market along with the regional trends and future estimations.
• It provides extensive information about the market segments from 2016 to 2023 to understand the market dynamics.
• The key factors that drive, hamper, or provide opportunities to the market are provided in the report
• Competitive landscape of the industry along with the profile analysis of market players is provided in the report.
Top Key Players:
• Merck & Co., Inc.,
• Novartis AG,
• Johnson & Johnson,
• Pfizer Inc.,
• AstraZeneca,
• AptarGroup, Inc.,
• GlaxoSmithKline plc.,
• Others
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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