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Sinusitis Treatment Market Explores New Growth Opportunities By 2022

07-26-2017 01:38 PM CET | Health & Medicine

Press release from: Persistence Market Research

Sinusitis Treatment Market Explores New Growth Opportunities

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 full summary @: http://www.persistencemarketresearch.com/market-research/sinusitis-treatment-market.asp

If sinusitis is not treated or diagnosed it can lead to complications like brain abscess and meningitis. Primary treatment for sinusitis is antibiotics and at severe stage by decongestants. There are blood test, ciliary function test, CT scan of the sinuses, nasal cytology and allergy testing and MRI of the sinuses. According to the Center of Disease Control and Prevention (CDC), 11.7 million people in the U.S. visits to physician offices for diagnosis of chronic sinusitis.

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 availability of the test and high cost of diagnostic test for sinusitis is a major challenge for overall growth of the sinusitis treatment market. Major challenge for the pharmaceutical companies is clinical trial for drugs.

A Sample of this Report is Available Upon Request @ www.persistencemarketresearch.com/samples/9998

The global market for sinusitis treatment is segmented on basis of types, treatment and regional presence. Segmentation by Type of Sinusitis: Acute Sinusitis, Sub-acute Sinusitis, Chronic Sinusitis. Segmentation by Treatment of Sinusitis: Allergen Immunotherapy, Antibiotics, Antihistamines and Decongestants, Expectorants, Nasal Corticosteroids, Oral Corticosteroids.

With increasing base of sinusitis sufferers, the sinusitis treatment market is expected to have tremendous growth during the forecast period (2016-2026). Companies are focusing on developing of novel drug products for sinusitis. Due to rapid innovations and advance technology there is huge potential in sinusitis treatment market.

On the basis of region presence, sinusitis treatment market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Currently, North America dominates the global market for sinusitis treatment due to high prevalence rate of sinusitis, followed by Europe. According to CDC, 29.4 million people diagnosed sinusitis in North American. However factors such as lack of knowledge of diagnostic test and lack of awareness among people about sinusitis will hamper the market growth in regions like Asia-pacific and RoW

To view TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/9998

Some of the key market players in the manufacturing of the treatment products (antibiotics) for sinusitis includes Sanofi, Abbott Laboratories, Bayer AG, Eli Lilly And Company, Bristol-Myers Squibb, Merck & Co, Inc., AstraZeneca Plc, Reddys Lab, and Novartis AG.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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