Press release
Nasal Drug Delivery Market: Top Companies like Novartis AG, Pfizer, Sanofi-Aventis, Merck & Co. Forecast to 2022
Nasal Drug Delivery Market of Middle East and Africa’s Information, by Dosage Form (Drops, Sprays, Powder, Gels and Ointments), by System (Unit Dose, Multi-Dose and Metered Dose), by Delivery Technologies (Spray, Nebulizers And Other), by Therapeutic Applications (Rhinitis, Vaccinations, Congestion and Others) - Forecast till 2022. The intra-nasal route of drug administration is getting to be popular well known because of its noninvasive nature thereby reducing pain and threat of infections and allows the patient to self-administer drugs without any help from anyone.Taking all factors into consideration, we expect the Middle East and Africa Nasal Drug Delivery Market to reach around $ 1.59 billion in 2022 growing at a CAGR of 8.1%; this market was worth $ 1 billion in 2015.
Moreover recent research has also pointed its applications related to drug delivery to the brain. Bioavailability of a drug is defined as the proportion of a drug entering the systemic circulation as compared to the dosage. Nasal drug delivery eliminates drug destruction by HCL present in the stomach thereby increasing bioavailability which reduces the dosage of the drug. The reduction in dosage leads to proportional reduction in side effects. Growth of over the counter nasal drugs such as inhalers for common cold is also driving the market.
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The market for nasal drug delivery is increasing at a good CAGR due to the above mentioned advantages of nasal drugs. Other market driving factors include ease of administration, growing efficacy of the route due to development of drugs which are absorbed easily from the nasal route and the development of advanced products such as metered dose pressurized containers which deliver a very precise dose.
Regional Analysis of Middle East and Africa Nasal drug delivery Market:
UAE is the largest market for nasal drug delivery in entire Middle East and Africa nasal drug delivery Market closely followed by Egypt. The rest of Africa’s market is growing at a very fast rate due to huge unmet medical needs and growing popularity of nasal route.
Market Segments:
On the basis of system, market is segmented into unit dose, multi-dose and metered dose.
Delivery technologies; market is segmented into spray, nebulizers and other.
Therapeutic applications; market is segmented into rhinitis, congestion, vaccinations and others.
Big Companies for Middle East and Africa Nasal Drug Delivery Market:
GlaxoSmithKline plc, Becton Dickson & Company, Novartis AG, Pfizer, Sanofi-Aventis, Merck & Co., AptarGroup, Johnson & Johnson Services.
Study Aim Middle East and Africa Nasal drug delivery Market:
The market for nasal drug delivery is increasing at a good CAGR due to the above mentioned advantages of nasal drugs. Other market driving factors include ease of administration, growing efficacy of the route due to development of drugs which are absorbed easily from the nasal route and the development of advanced products such as metered dose pressurized containers which deliver a very precise dose.
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape for the market.
Browse Report @ https://www.marketresearchfuture.com/reports/nasal-drug-delivery-market-2696 .
List of Tables
Table 1 Middle East And Africa Nasal Drug Delivery Market, 2013-2022 (Usd Million)
Table 2 Middle East And Africa Nasal Drug Delivery Market, By Dosage Form, 2013-2022 (Usd Million)
Table 3 Middle East And Africa Nasal Drug Delivery Market, By System, 2013-2022 (Usd Million)
Table 4 Middle East And Africa Nasal Drug Delivery Market, By Delivery Technology, 2013-2022 (Usd Million)
Table 5 Middle East And Africa Nasal Drug Delivery Market, By Application, 2013-2022 (Usd Million)
Table 6 Middle East And Africa Nasal Drug Delivery Market, By Region, 2013-2022 (Usd Million)
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Akash Anand,
Market Research Future
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