Latest Research on Nasal Drug Delivery Technology Market Trends Analysis With Antares Pharma, Aradigm Corporation, Generex Biotechnology Corp., AptarGroup, Inc., EyePoint Pharmaceuticals

Nasal Drug Delivery Technology Market report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions which are applicable for the businesses with which they can take better steps to improve their strategies to sell goods and services. Market research presents actionable market insights which help create sustainable and money-spinning business strategies. An absolute way to forecast what future holds is to comprehend the trend today. Thus, with this Nasal Drug Delivery Technology Market business report, more important aspects of the Drug Delivery Devices industry can be focused.

Global Nasal Drug Delivery Technology Market is expected to rise gradually to an estimated value of USD 97.24 billion by 2026, registering a CAGR of 7.5% in the forecast period of 2019-2026 with the annual sales of USD 54.52 billion in 2018. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of patients.

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Global nasal drug delivery technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of nasal drug delivery technology market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Few of the major competitors currently working in the nasal drug delivery technology market are 3M (US), Novartis AG (Switzerland), Pfizer Inc. (US), Johnson & Johnson Services, Inc. (US), Janssen Global Services, LLC (US), BD (US), GlaxoSmithKline plc (UK), Alkermes (Ireland), Vectura Group plc (UK), Kurve Technology, Inc. (US), OptiNose US Inc. (US), Merck & Co., Inc. (US), Procter & Gamble (US), Teleflex Incorporated., (US), Antares Pharma. (US), Aradigm Corporation. (US), Generex Biotechnology Corp. (Canada), AptarGroup, Inc. (US), EyePoint Pharmaceuticals (US), NanoPass (Ireland) among others.

Key Developments in the Market:

On 20th September, 2017, OptiNose US Inc. launched an innovative product, XHANCE, which is the only FDA-approved prescription nasal spray that uses an Exhalation Delivery System to treat nasal polyps. It will leverage the growth of the product line of the company.

On 28th March 2018, pSivida acquired specialty biopharmaceutical company, Icon Bioscience Inc., and rebranded as EyePoint Pharmaceuticals. By acquiring the company pSivida owned Icon's pipeline products and entered into a new segment which is going to help company to gain new heights.

Segmentation: Global Nasal Drug Delivery Technology Market

By Therapeutic Application

Nasal Congestion
Allergic & Non-Allergic Rhinitis
Vaccinations
Asthma
Others

By Dosage Form

Nasal Spray
Nasal Drops & Liquids
Nasal Gels
Nasal Powders
Others

By System

Multi Dose
Bi-Dose
Unit Dose

By End Users

Hospital
Specialty Clinics
Vaccination Centers
Ambulatory Surgery Centers

By Geography

North America
US.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa

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Market Definition: Global Nasal Drug Delivery Technology Market

Nasal drug delivery technology is the method of giving drug through the nasal route. The nasal route of administration helps the drug to get the direct access into systemic circulation. Drugs administered through the nasal route are accessible in various dosage forms, for example, liquid spray, liquid drops, suspension spray, Aerosol, gel etc.

According to World Health Organization, there were an estimated 22.7% people suffers from nasal congestion, almost more than half of these incidences could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.

Market Drivers

Increasing prevalence of chronic diseases is going to drive the growth of the market.
Rising numbers of pediatric and geriatric patients is going to drive the growth of the market.
Growing acceptance of self-administration applies is going to drive the growth of the market.

Market Restraints

Regulatory hindrances is going to restrain the market.
Over-the-counter nasal drugs

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