Press release
Nasal Spray For Covid-19 Market Size - Forecast to 2026
Nasal Spray For Covid-19 Market
Browse TOC on “Global Nasal Spray For Covid-19 Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/global-nasal-spray-for-covid-19-market-3223
By Offering (Vaccine, Off-Load Viral, Others), By End-Use (Hospital, Clinics, Home Care Settings, Others ), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-nasal-spray-for-covid-19-market-3223
Nasal spray for covid-19 is an intranasal therapy solution to treat the virus's symptoms. Also, various companies are investing and on the verge to commercialize the vaccines as well. The companies are claiming that intranasal vaccines are more effective and have a long-term positive impact on the human immune system. In a nutshell, these alternative and different solutions came into existence to reduce the load of healthcare sectors. Presently, every nation is struggling to reduce the burden on hospitals and clinics. Thus, the introduction of these therapies will offload the burden. Various countries are coming forward to collaborate with other countries' companies to make the product available in the market.
Home care settings indicate promising future growth in off-load viral offerings
Introduction of over the counter off-load viral nasal spray will result in high growth in-home care setting applications. The products are promising and consist of no damage to human health if inhaled directly. The main purpose is to introduce these therapy solutions to provide instant relief to the patients and break the transmission chain by curbing the viral load. These products will also help patients to get relief from mucous, congestion, and respiratory issues.
Asia Pacific holds the maximum potential
Asia Pacific, led by China and India holds the highest potential in the region in terms of consumption and investment in novel products. Capital to invest in healthcare along with the urgency to control the virus spread will stimulate the regional industry growth. Moreover, a high population load with a limited vaccine supply is making it difficult to control the pandemic. Thus, investment in new products to reduce the burden on healthcare premises will support the product penetration. Bharat Biotech (India), CanSino Biologics (China), and Ena Respiratory (Australia) are among the major manufacturers in the region to invest in intranasal therapy solutions.
Product approval and certifications to commercialize their products
Amcyte Pharma, SaNOtize, Rokote Laboratories Finland Ltd, Bharat Biotech, APR Applied Pharma Research, Marinomed Biotech, Codagenix, Beijing Wantai Biological Pharmacy Enterprise, Altimmune, Razi Vaccine & Serum Research Institute in Iran, AstraZeneca, Meissa Vaccines, CanSino Biologics, Serum Institute of India Pvt. Ltd., Ena Respiratory, Eureka Therapeutics, and AuraVax Therapeutics Inc., are major identified companies investing in the intranasal solutions to treat Covid-19.
As of now, approximately seven pharma companies are under the clinical trial stage to introduce the intranasal covid-19 vaccine. Codagenix, Bharat Biotech, Altimmune, Rokote Laboratories, and Sanotize are amongst those corporations. Currently, the industry share has no consolidation as most of the companies are on the verge of commercializing their products and some have very limited approval to supply their products.
Offering Outlook (Revenue, USD Million, 2021-2026)
• Vaccine
• Off-load viral
• Others
End-Use Outlook (Revenue, USD Million, 2021-2026)
• Hospital
• Clinics
• Home care settings
• Others
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• U.S.
• Canada
Europe
• Germany
• UK
• France
• Italy
• Russia
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• UAE
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
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