Global Nasal Polyps Treatment Market 2020:Demand Analysis, Growth Rate, Trends & Opportunity Outlook,COVID-19 Impact Analysis 2027|GlaxoSmithKline plc., OptiNose US, Inc., Lyra Therapeutics, Intersect ENT, Inc., Merck & Co., Inc., Teva Pharmaceutical Indu

A new business intelligence report released by Data Bridge Market Research with title Global Nasal Polyps Treatment Market are taken from trustworthy sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Market research report is always helpful to business or organization in every subject of trade for taking better decisions, solving the toughest business questions and minimizing the risk of failure. Some of the key players profiled in the study are Regeneron Pharmaceuticals, Inc., Novartis AG, GlaxoSmithKline plc., OptiNose US, Inc., Lyra Therapeutics, Intersect ENT, Inc., Merck & Co., Inc., Teva Pharmaceutical 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.

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.

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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

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

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Segmentation: Global Nasal Polyps Treatment Market

Nasal Polyps Treatment Market By Type
(Ethmoidal Polyp, Antrochoanal Polyp and Others),

Nasal Polyps Treatment Market By Related Diseases
(Chronic Sinusitis, Cystic Fibrosis (CF), Allergic Fungal Sinusitis (AFS) and Others),

Nasal Polyps Treatment Market By Complications
(Obstructive Sleep Apnea, Sinus Infections and Others),

Nasal Polyps Treatment Market By Diagnosis
(Nasal Endoscopy, Blood Test, Allergy Tests and Others),

Nasal Polyps Treatment Market By Treatment
(Medication, Surgery and Others),

Nasal Polyps Treatment Market By Medication
(Nasal Corticosteroids, Medication to Treat Nasal Polyps and Chronic Sinusitis and Others),

Nasal Polyps Treatment Market By Route of Administration
(Oral, Injectable and Others),

Nasal Polyps Treatment Market By End Users
(Hospitals, Homecare, Specialty Clinics, Others),

Nasal Polyps Treatment Market By Distribution Channel
(Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others),

Nasal Polyps Treatment Market By Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Key points for analysis

To get a comprehensive overview of the Nasal Polyps Treatment market.
To gain information about the top players in this industry, their product portfolios, and their key strategies.
To gain insights about the major regional insights in which the Nasal Polyps Treatment is flourishing.
Recent industry trends and developments
Potential and niche segments/regions exhibiting promising growth

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