Press release
Nasal Drug Delivery Technology Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | AptarGroup Inc., Becton Dickinson and Company, GlaxoSmithKline plc, Johnson & Johnson Private Limited
Nasal Drug Delivery Technology Market Characteristics
The Business Research Company offers in-depth market insights through Nasal Drug Delivery Technology Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The nasal drug delivery technology market size has grown strongly in recent years. It will grow from $77.42 billion in 2023 to $82.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to advancements in drug formulations, increasing prevalence of respiratory disorders, patient preference for non-invasive delivery, expanding geriatric population, regulatory support for nasal drug approvals.
The nasal drug delivery technology market size is expected to see strong growth in the next few years. It will grow to $110.08 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to rise in biologics and peptide therapies, focus on pediatric and geriatric patient needs, partnerships and collaborations in the pharma industry, expansion of over-the-counter (otc) nasal products, increased focus on precision medicine. Major trends in the forecast period include advancements in formulation technology, increased focus on patient-friendly devices, expansion of therapeutic areas, biologics and peptides delivery, innovations in nasal spray technologies.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=10037&type=smp
Market Segmentation:
The nasal drug delivery technology market covered in this report is segmented -
1) By Dosage Form: Nasal Spray, Nasal Drops, Nasal Gels And Ointments, Nasal Powders, Other Dosage Forms
2) By Container Type: Pressurized Containers, Non-Pressurized Containers
3) By Therapeutic Application: Allergic And Non-Allergic Rhinitis, Nasal Congestion, Asthma, Vaccination, Other Therapeutic Applications
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
5) By End User: Home Care Settings, Hospitals
Major Driver - Nasal Drug Delivery Technology Market Rises In Response To Increasing Incidences Of Chronic Diseases
The increasing incidences of chronic diseases are expected to propel the growth of the nasal drug delivery technology market going forward. Chronic diseases can be defined as conditions that last 1 year or more and require ongoing medical attention, limit activities of daily living, or both. Nasal drug delivery technologies are used for the management of chronic rhinosinusitis to improve the bacterial biofilm or mucociliary clearance due to the complex structure of the nasal cavity through a therapeutic nasal cavity strategy. For instance, in September 2022, according to a report published by the National Institutes of Health (NIH), a US-based biomedical research agency, in 2023, in the United States, the number of people aged 50 and older with at least one chronic illness is predicted to rise by 99.5%, from 71.522 million in 2020 to 142.66 million in 2050. Additionally, the number of people with multimorbidity would rise by 91.16% from 7.8304 million in 2020 to 14.968 million in 2050. Therefore, the increasing incidences of chronic diseases are driving the growth of the market for nasal drug delivery systems.
Competitive Landscape:
Major companies operating in the nasal drug delivery technology market report are AptarGroup Inc., Becton Dickinson and Company, GlaxoSmithKline plc, Johnson & Johnson Private Limited, Novartis AG, Pfizer Inc., 3M Company, Cadila Healthcare Limited, Neurelis Inc., OptiNose Inc., Bausch Health Companies Inc., Naveh Pharma Ltd., Teva Pharmaceutical Industries Ltd., Consort Medical plc, Douglas Pharmaceuticals Ltd., ENT Technologies Pty. Ltd., Merck & Co. Inc., Sanofi SA, AstraZeneca plc, Boehringer Ingelheim International GmbH, Bayer AG, Abbott Laboratories, Eli Lilly and Company, Bristol-Myers Squibb Company, Takeda Pharmaceutical Company Limited, Amgen Inc., Gilead Sciences Inc., Biogen Inc., Roche Holding AG, Allergan plc, Regeneron Pharmaceuticals Inc., Alexion Pharmaceuticals Inc.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/nasal-drug-delivery-technology-global-market-report
Top Trend - Innovation Redefines Nasal Drug Delivery With Recyclable Multidose Nasal Spray
Product innovations are a key trend gaining popularity in the nasal drug delivery technology market. Major pharmaceutical companies operating in the nasal drug delivery technology market are involved in developing new and improved products to provide their customers with new methods of drug administration to sustain their position in the market. For instance, in January 2023, AptarGroup, Inc., a US-based drug delivery and pharmaceutical company, launched the first recyclable, metal-free, multidose nasal spray, APF Futurity, to deliver nasal saline and other equivalent over-the-counter (OTC) formulations. APF Futurity is manufactured from polyolefin materials and does not include any metal components or recycling disruptors. This reduces the need for separation in recycling streams and promotes a greater grade of recycled materials. This product's unique feature is its recyclability design; it is a highly recyclable nasal spray pump that has received Class AA certification from cyclos-HTP for recycling streams in Europe.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Nasal Drug Delivery Technology Market Characteristics
3. Nasal Drug Delivery Technology Market Trends And Strategies
4. Nasal Drug Delivery Technology Market - Macro Economic Scenario
5. Nasal Drug Delivery Technology Market Size And Growth
…..
27. Nasal Drug Delivery Technology Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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 Nasal Drug Delivery Technology Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | AptarGroup Inc., Becton Dickinson and Company, GlaxoSmithKline plc, Johnson & Johnson Private Limited here
News-ID: 3431051 • Views: …
More Releases from The Business research company
Analysis of Key Market Segments Influencing the Cold Brew Coffee Market
The cold brew coffee sector is rapidly evolving, attracting growing consumer interest due to its unique flavor profiles and convenience. As preferences shift toward healthier and sustainable beverage options, this market is positioned for substantial expansion over the coming years. Let's explore the current market value outlook, key players, emerging trends, and the primary segments contributing to this growth.
Projected Growth and Market Size of the Cold Brew Coffee Industry …
Market Trend Analysis: The Impact of Recent Innovations on the Coffee Concentrat …
The coffee concentrates, essences, and extracts market is positioned for significant expansion over the coming years, driven by evolving consumer preferences and innovative product developments. This sector is experiencing a shift toward more premium and convenient coffee options, which is shaping its growth trajectory through 2030.
Projected Growth and Market Size of the Coffee Concentrates, Essences, and Extracts Market
The market for coffee concentrates, essences, and extracts is anticipated to…
Trends in Growth, Market Segments, and Competitive Strategies Influencing the Co …
The coconut oil industry is poised for remarkable expansion in the coming years, driven by evolving consumer preferences and innovations across various sectors. As demand grows for healthier and sustainable products, the market is expected to witness significant developments that will shape its future trajectory. Let's explore the current market value, key players, trends, and segmentation of the coconut oil industry.
Projected Market Value and Growth Outlook for the Coconut Oil…
Analysis of Key Market Segments Driving the Citrus Seeds Market
The citrus seeds market is attracting significant attention due to its expanding role in agriculture, cosmetics, and food industries. With increasing emphasis on sustainability and innovative uses, this sector is set to experience notable growth in the coming years. Let's explore the current market size, influential trends, leading companies, and segmentation details shaping the future of the citrus seeds industry.
Citrus Seeds Market Size and Forecast Through 2030
The citrus…
More Releases for Nasal
Nasal Aspirators Market Is Going to Boom |• Nasal Aspirators • NoseFrida
According to Worldwide Market Reports (WMR) highlights that the "Nasal Aspirators Market" is projected to experience substantial growth in the coming years. This report provides a comprehensive analysis of the market landscape using an integrated approach that includes research methodology, market size evaluation, data compilation, and insights gathered from multiple credible sources.
The study covers critical market elements such as market dynamics, drivers, restraints, challenges, threats, growth opportunities, development trends, technological…
External Nasal Dilator and Nasal Strip Research:CAGR of 5.9% during the forecast …
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "External Nasal Dilator and Nasal Strip- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the…
Nasal Polyposis Market 2034 | Nasal Polyposis Therapies, Clinical trials, Nasal …
As per DelveInsight, the Nasal Polyposis Market is anticipated to grow immensely in the coming years owing to the launch of upcoming therapies and the increase in the incident population of Nasal Polyposis in the 7MM.
DelveInsight's "Nasal Polyposis Market Insights, Epidemiology, and Market Forecast 2034 [https://www.delveinsight.com/report-store/nasal-polyposis-market?utm_source=abnewswire&utm_medium=market&utm_campaign=kpr]" report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the Nasal Polyposis market size, share, trends, and growth…
External Nasal Dilator and Nasal Strip Market Size, Players, Revenue Analysis 20 …
External Nasal Dilator and Nasal Strip Market Overview 2023:
The External Nasal Dilator and Nasal Strip Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the External Nasal Dilator and Nasal Strip market. This report…
Nasal Aspirators Market: Effective Solutions for Infant Nasal Congestion | Smith …
Allied Market Research Analyst have added a new research study on Title Nasal Aspirators Market, Global Outlook and Forecast 2023-2030 with detailed information & Key Players Such as B. Braun Melsungen, A. Titan Instruments, Altay Scientific Group, Neilmed Pharmaceuticals, Smith & Nephew, Koninklijke Philips, B.Well Swiss AG, KLS Martin Group, ResMed, and Avita Medical. The Study provides in-depth comprehensive analysis includes Clear Market definitions, classifications, manufacturing processes, cost structures, development…
Nasal Care Device Market Promoting Nasal Health and Hygiene with Innovative Devi …
Global Nasal Care Device Market Overview:
The Nasal Care Device market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Nasal Care Device market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
