Press release
Nasal Atomizer Devices Market Accurate Dosing is Essential in Atomization to Potential for Manufacturers
OverviewNasal atomizer devices are a popular choice for treating nasal congestion. With their high success rate and low cost, these devices have become a popular choice for cancer patients and medical professionals. Among the many options that are available for treating nasal diseases, nasal atomizer devices are a great way to administer drugs that have poor bioavailability. They are also ideal for treating allergic rhinitis and sinusitis. They are also used to treat allergies. The nasal atomizer devices are multi-dose products. They contain small particles that are thirty-one microns in size. It is important to make sure the drug is not diluted. Another benefit is the fact that the device does not allow the drug to be wasted.
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Competitive Landscape
Key companies contributing to the global nasal atomizer devices market include Teleflex Incorporated, Kurve Technology, and DeVilbiss Healthcare.
Drivers
The amalgamation of factors such as technological advancement, increasing awareness about the need to treat nasal congestion and sinusitis, and the rise of self-medication, is expected to augment growth of the nasal atomizer devices market during the forecast period.
Moreover, rising demand for non-invasive devices to minimize pain and achieve fast recovery after surgeries is expected to supplement growth of the nasal atomizer devices market over the forecast period.
Summary of the COVID-19 Aftermath
The onset of the COVID-19 pandemic has negatively influenced the expansion of the global nasal atomizer devices market. The crisis-driven social distancing measures have significantly reduced footfalls across surgical centers and clinics combined with the absence of surgeons and physicians. On the plus side, the market may finally be putting the crisis behind it, with the progressing vaccination tally.
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Key Takeaways
• The nasal atomizer devices market is anticipated to grow at a CAGR of 11.1 % during the forecast period owing to the increasing product launches in parallel to the growing demand for non-invasive procedures. For instance, in November 2020, Beijing Wantai Biological Pharmacy, in partnership with Xiamen University and the University of Hong Kong, launched the first-ever nasal spray vaccine in China to combat the COVID-19 virus.
• On the geographical front, the North American region is a profit paradise for the global nasal atomizer devices market in the view of high volume of screening procedures due to rising ENT (nose, ear, and throat) diseases.
• Bubbling under the top spot is Asia Pacific, which is another fertile ground for the global nasal atomizer devices market on account of improving healthcare facilities, increasing product launches, and a large cancer patient pool.
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
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