openPR Logo
Press release

Global Sinusitis Treatment Drugs Market Is Expected To Reach US$ 2.9 billion by 2029

03-03-2021 01:32 PM CET | Health & Medicine

Press release from: Acute Market Reports

Sinusitis treatment drugs market valued at about USD 2.1 billion in 2019 and expected to reach about USD 2.9 billion by 2029 with an estimated CAGR of 3% during the forecast period of 2021 to 2029.

Market Insights

Sinustis is defined as an inflammation of paranasal sinuses. Key causes include autoimmune reactions, allergy or physical obstruction. Sinusitis could be acute (symptoms lasting for 4 weeks) or chronic (symptoms extending more than 12 weeks). Acute sinusitis usually is caused by virus and effective method of treatment were nasal irrigation. For chronic sinusitis, patients were prescribed with antibiotics, topical and corticosteroids, and other medications. Sinusitis affects nearly 40% of the US population, with annual treatment costs of $ 8.6 million. Such high prevalence especially among the urban population has been the prime driving factor. Increasing pollution due to urbanization, air and water pollution has made the people more vulnerable to bacteria and viruses causing sinusitis. In addition, there has been significant transformation in the diagnosis of sinusitis from merely physical examination to application of endoscopy and computed tomography (CT) have improved the process of diagnosis and eventually increased the diagnosis rate.

Browse the full report Sinusitis Treatment Drugs Market - Growth, Future Prospects and Competitive Analysis, 2019-2029 at https://www.acutemarketreports.com/report/sinusitis-treatment-drugs-market



In year 2019, decongestant & mucolytic agents accounted for the largest market share and expected to maintain its dominance throughout the forecast period. The key factors responsible for market growth are first line of action for non-infectious sinusitis, upcoming novel technologies of drug delivery, and increasing patient-awareness has assisted the growth in disease diagnosis rate. During the forecast period from 2021 to 2029, antibiotics observed as fastest growing segment due to key market drivers such as developing diagnostics technologies. As per the latest research quote published by National Institute of Health (NIH), the incidence of acute sinusitis is 15 to 40 episodes in 1000 patients per year.Acute sinusitis is the second most common infectious disease encountered by general practitioners throughout the globe.

North America topped the revenues for sinusitis treatment drug market. Key factors that can be attributed to the market growth are increased prevalence of sinusitis, increased awareness leading to patients approaching the medical experts for diagnosis and treatment, increased focus on technological innovation that led to efficient delivery of treatment and diagnosis. Interms of growth rate Asia Pacific is expected to witness the highest CAGR from 2021 to 2029. The key reason was increasing urbanization in this region that ultimately led to pollution in APAC region such as China, Indonesia, India, Srilanka and so on. The increasing healthcare infrastructure increased the patient poll turning for diagnosis and treatment. Not to forget that India and China held the largest population in the world. The Key players included in the report include Pfizer, Inc., Janssen Pharmaceuticals, Abbott Laboratories, GlaxoSmithKline Plc, Sanofi SA, Novartis AG, and Teva Pharmaceutical Industries, Ltd. among others.

Key Market Movements:

Increasing awareness among the population in developed economies.
Asia Pacific to evidence highest growth owing to increasing market activity by key players whose keen focus was on countries such as India, China, Philippines, Indonesia etc.
Antibiotics observed as fastest growing segment due to key market drivers such as developing diagnostics technologies.
The Key players included in the report include Pfizer, Inc., Janssen Pharmaceuticals, Abbott Laboratories, GlaxoSmithKline Plc, Sanofi SA, Novartis AG, and Teva Pharmaceutical Industries, Ltd. among others.
Increasing advances in technologie such as ballon sinuplasty has increased the patient pool who are looking for efficient treatment.
The Global Sinusitis Treatment Drugs Market is Segmented into:
Treatment Type Segment (2019-2029; US$ Mn)

Geography Segment (2019-2029; US$ Mn)

*Complete segmentation list is on report page

90 Church St, FL 1 #3514, New York, NY 10008 United States

Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements. We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends. Our database consists of 200,000+ market research reports with detailed & minute market research.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Sinusitis Treatment Drugs Market Is Expected To Reach US$ 2.9 billion by 2029 here

News-ID: 2251269 • Views: 223

More Releases from Acute Market Reports

Increased Productivity and Low Production Cost to Lead Global Machine Vision and …
The machine vision and vision-guided robotics market is expected to grow at a compound annual growth rate of 9.8% for the forecast period. The increasing need for automation and safety, high labor costs, a shortage of qualified workforce, and increased investment in research and development activities are driving the vision-guided robotics market. Increased applications of machine vision are a major factor driving market expansion. Automobile manufacturers, on the other hand,
Topical Oxygen Therapy Market To Grow with CAGR of 3.5% By 2029
The latest market report published by Acute Market Reports “Topical Oxygen Therapy Market- Growth, Future Prospects & Competitive Analysis, 2019 – 2029” Topical oxygen therapy market expected to reach a CAGR of 3.5% during the forecast period from 2021 to 2029. Key factors driving this market include growing incidence of chronic wounds, increasing patient pool of diabetics, and high incidence of wound site infections. Some of the major trends responsible for
Microgrid Control System Market Expected to Grow At a CAGR of 12.0% During the F …
The latest market report published by Acute Market Reports “Microgrid Control System Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the microgrid control system market was valued at US$ 2.61 Bn in 2018 and expected to grow at a CAGR of 12.0% during the forecast period from 2019 to 2027. Market Insights "Increasing demand for reliable and secure power supply worldwide will upgrade the market growth during the forecast period" Growing
Target Market for Mobile Travel Booking is gaining huge growth in upcoming years …
The mobile travel booking market was valued at US$ 858.0 Mn in 2018 and is set to grow with a CAGR of 12.2% during the forecast period. Market Insights The global market for mobile travel bookings is driven by the increasing adoption of mobile apps for a wide range of applications among consumers. Since the rise of smartphones, the market for mobile apps has changed considerably. The convenience and features offered by

All 5 Releases


More Releases for Sinusitis

Sinusitis-Pipeline Review H2 2018
Sinusitis (Ear Nose Throat Disorders) pipeline guide helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. The guide is built using data and information sourced from Publisher's proprietary databases, company/university websites, clinical trial registries, conferences, SEC filings, investor presentations and featured press releases from company/university sites and industry-specific third party sources.
Sinusitis-Pipeline Review H2 2018
Sinusitis (Ear Nose Throat Disorders) pipeline guide helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. The guide is built using data and information sourced from Publisher's proprietary databases, company/university websites, clinical trial registries, conferences, SEC filings, investor presentations and featured press releases from company/university sites and industry-specific third party sources.
Market Overview of Sinusitis pipeline Landscape
Summary Sinusitis is characterized by inflammation of the sinuses. This inflammation usually stems from infection caused by a viral or bacterial infection or by an allergy Symptoms include congestion and obstruction in the nose, pain, tenderness, hyposmia, halitosis, cough, toothache, headache and pain over the cheeks just below the eyes. Risk factors include asthma, nasal passage abnormality, immune system disorder, such as HIV/AIDS or cystic fibrosis and another allergic condition. Report Highlights Pharmaceutical
Sinusitis Treatment Market Growth and Forecast 2022
Rise in new technologies and rapid innovations in healthcare market will create opportunities for companies that are striving to plunge into sinusitis treatment market. Sinusitis can be acute and if not treated can lead to chronic condition wherein different germs like bacteria and viruses can block the nasal cavities or are filled with fluid. There are common symptoms like common cold, fever, headache, sore throat, cough and others. If sinusitis
Sinusitis Treatment Market Explores New Growth Opportunities By 2022
Rise in new technologies and rapid innovations in healthcare market will create opportunities for companies that are striving to plunge into sinusitis treatment market. Sinusitis can be acute and if not treated can lead to chronic condition wherein different germs like bacteria and viruses can block the nasal cavities or are filled with fluid. There are common symptoms like common cold, fever, headache, sore throat, cough and others. Get access to
Global Sinusitis Treatment Market
Factors contributing for growth of sinusitis treatment market are demand for diagnostic test and antibiotics, patient education programs by companies and hospitals for increasing awareness among the public. Advancement in technology, myriad of people suffering from common cold and no age specific are additional factors that will drive the market over the forecasted period. Though the sinusitis treatment market is expected to generate significant revenue throughout the forecast period, the