Press release
Impact of COVID-19 on the Nasal Polyps Treatment Market To Show Strong Growth By 2027|Regeneron Pharmaceuticals, Inc., Novartis AG, GlaxoSmithKline plc., OptiNose US, Inc., Lyra Therapeutics, Intersect ENT, Inc., Merck & Co., Inc., Teva Pharmeacutical Ind
Global Nasal Polyps Treatment Market
Global nasal polyps treatment market is rising gradually with a substantial CAGR 5.3% in the forecast period of 2020-2027. This report contains the data of base year 2019 and historic year of 2018. Screening methods, increasing geriatric population and development pf newer minimal invasive therapies are expected to propel the market growth.
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Few of the major competitors currently working in the global nasal polyps treatment market are Regeneron Pharmaceuticals, Inc., Novartis AG, GlaxoSmithKline plc., OptiNose US, Inc., Lyra Therapeutics, Intersect ENT, Inc., Merck & Co., Inc., Teva Pharmeacutical Industries Ltd., Sanofi, F. Hoffmann-La Roche Ltd, Blacksmith Surgical, Pfizer Inc., Bausch Health, Alkermes, AstraZeneca, Mallinckrodt, Dr. Reddy's Laboratories Ltd, Lonza, among others.
Key Developments in the Market:
In June 2019, Novartis AG announced the positive topline results of phase III clinical trial studies of Xolair (omalizumab), an immunoglobulin E (IgE) blocker used for the treatment of patients with chronic rhinosinusitis with nasal polyps. The purpose of this study is for evaluation of safety and efficacy profile of the drug. Xolair is a potent drug that can replace intranasal corticosteroids and nasal polyp surgery
In June 2019, Regeneron Pharmaceuticals, Inc. received the U. S. FDA approval for Dupixent (dupilumab), the first drug that is used for the treatment of patients with chronic rhinosinusitis with nasal polyps. This drug is potentially beneficial for patients that do not respond to intranasal steroids used in nasal popyps condition. Additionally, use of dupixent will reduce the requirement of nasal polyp surgery
Segmentation: Global Nasal Polyps Treatment Market
By Type
(Ethmoidal Polyp, Antrochoanal Polyp and Others),
Related Diseases
(Chronic Sinusitis, Cystic Fibrosis (CF), Allergic Fungal Sinusitis (AFS) and Others),
Complications
(Obstructive Sleep Apnea, Sinus Infections and Others),
Diagnosis
(Nasal Endoscopy, Blood Test, Allergy Tests and Others),
Treatment
(Medication, Surgery and Others),
Medication
(Nasal Corticosteroids, Medication to Treat Nasal Polyps and Chronic Sinusitis and Others),
Route of Administration
(Oral, Injectable and Others),
End Users
(Hospitals, Homecare, Specialty Clinics, Others),
Distribution Channel
(Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others),
Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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Market Drivers
Increasing geriatric population that are more vulnerable for development of nasal polyps is expected to drive the market growth
Growing screening for diagnosis of asymptomatic diseases like nasal polyps, boosting the market growth
Rising awareness about the disease and its complications drive the growth of market
Development of minimally-invasive surgical treatments and therapies will fuel up the global nasal polyps treatment market
Market Restraints
Factors that hinders the market growth are bleeding and infection during surgery
Low healthcare expenditure in some countries hampers the market growth
High cost treatment options and post-surgical complications are major restrains for the market growth
Table of Contents:
1 Introduction
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Nasal Polyps Treatment Market
8 Nasal Polyps Treatment Market, By Service
9 Nasal Polyps Treatment Market, By Deployment Type
10 Nasal Polyps Treatment Market, By Organization Size
11 Nasal Polyps Treatment Market Analyses, By Vertical
12 Geographic Analyses
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
13 Competitive Landscapes
14 Detailed Company Profiles
15 Related Reports
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Email: Corporatesales@databridgemarketresearch.com
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