Global Nasal Spray Market Size, Trends, and Growth Opportunity, By Product Type (Decongestion Nasal Spray, Steroid Nasal Spray, Salt Water Solution, Saline Nasal Spray, and Others), Container Design (Pressurized Canisters and Pump Bottles), Dosage Form (Single Dose, Bi Dose, and Multi Dose), Prescription Mode (Over the Counter, Prescription Based), Therapeutic Class (Antihistamine, Nasal Steroids, Mast Cell Inhibitor, and Anti-cholinergic), Application (Nasal Congestion, Allergic and Non-Allergic Rhinitis, Central Nervous System Disorders, Vaccination, and Others), End User (Home Care Settings, Hospitals, Clinics, and Community Health Care) By Region and forecast till 2027.
Report ID : IR1001877 | Industries : Healthcare | Published On :June 2024 | Page Count : 135
Global Nasal Spray Market Size, Trends, and Growth Opportunity, By Product Type (Decongestion Nasal Spray, Steroid Nasal Spray, Salt Water Solution, Saline Nasal Spray, and Others), Container Design (Pressurized Canisters and Pump Bottles), Dosage Form (Single Dose, Bi Dose, and Multi Dose), Prescription Mode (Over the Counter, Prescription Based), Therapeutic Class (Antihistamine, Nasal Steroids, Mast Cell Inhibitor, and Anti-cholinergic), Application (Nasal Congestion, Allergic and Non-Allergic Rhinitis, Central Nervous System Disorders, Vaccination, and Others), End User (Home Care Settings, Hospitals, Clinics, and Community Health Care) By Region and forecast till 2027.
Global Nasal Spray Market
Global Nasal Spray Market was valued at USD 9.2 billion in 2021 and is slated to reach USD 16.22 Million by 2027 at a CAGR of 9.91 % from 2022-2027.
Liquid drugs that are sprayed right into the nostrils are known as nasal sprays. They are applied to lessen nasal congestion. One of the most typical cold or allergy symptoms is congestion. There are both over-the-counter and prescription options for nasal sprays. Pressurized canisters and pump bottles are the two available types. In addition to treating the common cold, it is frequently used to treat hay fever and allergies. It can also be used to relieve pressure and congestion in the sinuses.
Market Drivers
Nasal sprays are liquid medications that are sprayed into the nostrils. They're used to relieve nasal congestion. Congestion is a common allergy or cold symptom. Nasal sprays are available as over-the-counter or prescription medications. They are available in two varieties: pressurized canisters and pump bottles. Aside from the common cold, it is commonly used to treat allergies and hay fever. It is also used to treat sinus congestion and pressure. Asthma and COPD are increasing in prevalence, which necessitates the use of nasal sprays. According to WHO data, approximately 262 million people had asthma in 2019. Furthermore, according to the Asthma and Allergy Foundation of America, 1 in every 13 people, or approximately 25 million U.S. citizens, will have asthma in 2020. Asthma affects approximately 330 million people worldwide, with the number expected to rise to more than 400 million cases by 2025.
Market Restraints
Nasal sprays have several side effects that are impeding the market growth. Patients are affected by side effects such as dryness and crustiness in the nose, dry, irritated throat, stinging or burning sensation in the nose, an unpleasant taste in the mouth, redness, itchiness, and swelling in the nose, and nosebleeds, which limit the use of the nasal spray.
Impact of COVID-19
The nasal spray is increasingly being used to treat allergic rhinitis, sinusitis, and other respiratory diseases. These elements increase market demand. Furthermore, the COVID-19 pandemic has increased research and development for the use of nasal spray for coronavirus infection treatment and prevention. This is expected to boost the nasal spray market's growth during the forecast period. For example, in 2021, scientists at the University of Pennsylvania and Regeneron, a biotechnology company, announced that they were collaborating to see if technology developed for Adeno-Associated Virus (AAV) gene therapy could be used to create a nasal spray that would protect against infection with the new coronavirus.
Recent Developments
The Food and Drug Administration (FDA) of the United States approved a nasal antihistamine for non-prescription use in 2021 via a partial prescription to non-prescription changeover procedure. Astepro (azelastine hydrochloride nasal spray, 0.15 percent) is indicated for the treatment of seasonal and perennial allergic rhinitis in adults and children aged 6 years and older.
Market Segmentation
Global Nasal Spray Market is segmented into By Product Type, Container Design, Dosage Form, Prescription Mode, Therapeutic Class, Application, and End User. By Product Types such as Decongestion Nasal Spray, Steroid Nasal Spray, Salt Water Solution/ Saline Nasal Spray, and Others. By Container Design such as Pressurized Canisters and Pump Bottles. By Dosage Forms such as Unit/Single Dose, Bi Dose, and Multi-Dose. By Prescription Mode such as Over Counter, Prescription Based. By Therapeutic Classes such as Antihistamines, Nasal Steroids, Mast Cell inhibitors, and Anticholinergics. Applications such as Nasal Congestion, Allergic and Non-Allergic Rhinitis, Central Nervous System Disorders, Vaccination, and Others. By End Users such as Home Care Settings, Hospitals, Clinics, and Community Health Care)
Regional Analysis
Global Nasal Spray Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Because of the strong economies of the United States and Canada, which allow for significant investment in new technologies, North America dominates the nasal spray market. The primary factors driving regional growth are the introduction of several new products, acquisitions, and partnerships, as well as an increase in the prevalence of chronic respiratory diseases. The Asia-Pacific region is expected to grow significantly as a result of rapid population growth, changing lifestyles, and increased adoption of new technologies. The region's rapid growth can be attributed to major collaborations to manufacture generic products in the region.
Key Players
This report includes a list of numerous Key Players, namely Sandoz International GmbH (Germany), Cipla Inc (India), Bayer AG (Germany), St. Renatus (U.S.), GSK plc (U.K.), Novartis AG (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd.(Israel), Leeford Healthcare Ltd (India), Mylan N.V. (U.S.).
Market Taxonomy
By Product Type
• Decongestion Nasal Spray
• Steroid Nasal Spray
• Salt Water Solution/ Saline Nasal Spray
• Others
By Container Design
• Pressurized Canisters
• Pump Bottles
By Dosage Form
• Unit/Single Dose
• Bi Dose
• Multi-Dose
By Prescription Mode
• Over the Counter
• Prescription Based
By Therapeutic Class
• Antihistamine
• Nasal Steroids
• Mast Cell Inhibitor
• Anticholinergic
By Application
• Nasal Congestion
• Allergic and Non-Allergic Rhinitis
• Central Nervous System Disorders
• Vaccination
• Others
By End User
• Home Care Settings
• Hospitals
• Clinics
• Community Health Care
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Nasal Spray Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Nasal Spray Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Nasal Spray Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Nasal Spray Market Share Analysis, By Product Type
5.3 Global Nasal Spray Market Size and Forecast, By Product Type
5.3.1 Decongestion Nasal Spray
5.3.2 Steroid Nasal Spray
5.3.3 Salt Water Solution/ Saline Nasal Spray
5.3.4 Others
6 Global Nasal Spray Market, By Container Design
6.1 Y-o-Y Growth Comparison, By Container Design
6.2 Global Nasal Spray Market Share Analysis, By Container Design
6.3 Global Nasal Spray Market Size and Forecast, By Container Design
6.3.1 Pressurized Canisters
6.3.2 Pump Bottles
7 Global Nasal Spray Market, By Dosage Form
7.1 Y-o-Y Growth Comparison, By Dosage Form
7.2 Global Nasal Spray Market Share Analysis, By Dosage Form
7.3 Global Nasal Spray Market Size and Forecast, By Dosage Form
7.3.1 Unit/Single Dose
7.3.2 Bi Dose
7.3.3 Multi Dose
8 Global Nasal Spray Market, By Prescription Mode
8.1 Y-O-Y Growth Comparison, By Prescription Mode
8.2 Global Nasal Spray Market Share Analysis, By Prescription Mode
8.3 Global Nasal Spray Market Size and Forecast, By Prescription Mode
8.3.1 Over the Counter
8.3.2 Prescription Based
9 Global Nasal Spray Market, By Therapeutic Class
9.1 Y-O-Y Growth Comparison, By Therapeutic Class
9.2 Global Nasal Spray Market Share Analysis, By Therapeutic Class
9.3 Global Nasal Spray Market Size and Forecast, By Therapeutic Class
9.3.1 Antihistamine
9.3.2 Nasal Steroids
9.3.3 Mast Cell Inhibitor
9.3.4 Anticholinergic
10 Global Nasal Spray Market, By End User
10.1 Y-O-Y Growth Comparison, By End User
10.2 Global Nasal Spray Market Share Analysis, By End User
10.3 Global Nasal Spray Market Size and Forecast, By End User
10.3.1 Home Care Settings
10.3.2 Hospitals
10.3.3 Clinics
10.3.4 Community Health Care
11 Global Nasal Spray Market, By Application
11.1 Y-O-Y Growth Comparison, By Application
11.2 Global Nasal Spray Market Share Analysis, By Application
11.3 Global Nasal Spray Market Size and Forecast, By Application
11.3.1 Nasal Congestion
11.3.2 Allergic and Non-Allergic Rhinitis
11.3.3 Central Nervous System Disorders
11.3.4 Vaccination
11.3.5 Others
12Global Nasal Spray Market, By Region
12.1 Global Nasal Spray Market Share Analysis, By Region
12.2 Global Nasal Spray Market Share Analysis, By Region
12.3 Global Nasal Spray Market Size and Forecast, By Region
13 North America Nasal Spray Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 North America Nasal Spray Market Share Analysis, By Product Type
13.3 North America Nasal Spray Market Size and Forecast, By Container Design
13.4 North America Nasal Spray Market Size and Forecast, By Dosage Form
13.5 North America Nasal Spray Market Size and Forecast, By Prescription Mode
13.6 North America Nasal Spray Market Size and Forecast, By Therapeutic Class
13.7 North America Nasal Spray Market Size and Forecast, By End User
13.8North America Nasal Spray Market Size and Forecast, By Application
13.9 North America Nasal Spray Market Size and Forecast, By Country
13.9.1 U.S.
13.9.2 Canada
13.9.3 Mexico
14EuropeNasal Spray Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Europe Nasal Spray Market Share Analysis, By Product Type
14.3 Europe Nasal Spray Market Size and Forecast, By Container Design
14.4 Europe Nasal Spray Market Size and Forecast, By Dosage Form
14.5 Europe Nasal Spray Market Size and Forecast, By Prescription Mode
14.6 Europe Nasal Spray Market Size and Forecast, By Therapeutic Class
14.7 Europe Nasal Spray Market Size and Forecast, By End User
14.8 Europe Nasal Spray Market Size and Forecast, By Application
14.9 Europe Nasal Spray Market Size and Forecast, By Country
14.9.1 Germany
14.9.2 France
14.9.3 UK
14.9.4. Rest of Europe
15Asia Pacific Nasal Spray Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Asia Pacific Nasal Spray Market Share Analysis, By Product Type
15.3 Asia Pacific Nasal Spray Market Size and Forecast, By Container Design
15.4 Asia Pacific Nasal Spray Market Size and Forecast, By Dosage Form
15.5 Asia Pacific Nasal Spray Market Size and Forecast, By Prescription Mode
15.6 Asia Pacific Nasal Spray Market Size and Forecast, By Therapeutic Class
15.7 Asia Pacific Nasal Spray Market Size and Forecast, By End User
15.8 Asia Pacific Nasal Spray Market Size and Forecast, By Application
15.9 Asia Pacific Nasal Spray Market Size and Forecast, By Country
15.9.1 China
15.9.2 Japan
15.9.3 India
15.9.4. Rest of Asia Pacific
16Latin America Nasal Spray Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Latin America Nasal Spray Market Share Analysis, By Product Type
16.3 Latin America Nasal Spray Market Size and Forecast, By Container Design
16.4 Latin America Nasal Spray Market Size and Forecast, By Dosage Form
16.5 Latin America Nasal Spray Market Size and Forecast, By Prescription Mode
16.6 Latin America Nasal Spray Market Size and Forecast, By Therapeutic Class
16.7 Latin America Nasal Spray Market Size and Forecast,By End User
16.8 Latin America Nasal Spray Market Size and Forecast, By Application
16.9 Latin America Nasal Spray Market Size and Forecast, By Country
16.9.1. Brazil
16.9.2.Rest of Latin America
17Middle East Nasal Spray Market Analysis and Forecast (2022-2027)
17.1 Introduction
17.2 Middle East Nasal Spray Market Share Analysis, By Product Type
17.3 Middle East Nasal Spray Market Size and Forecast, By Container Design
17.4 Middle East Nasal Spray Market Size and Forecast, By Dosage Form
17.5 Middle East Nasal Spray Market Size and Forecast, By Prescription Mode
17.6 Middle East Nasal Spray Market Size and Forecast, By Therapeutic Class
17.7 Middle East Nasal Spray Market Size and Forecast, By End User
17.8 Middle East Nasal Spray Market Size and Forecast, By Application
17.9 Middle East Nasal Spray Market Size and Forecast, By Country
17.9.1. Saudi Arabia
17.9.2. UAE
17.9.3. Egypt
17.9.4. Kuwait
17.9.5. South Africa
18Competitive Analysis
18.1 Competition Dashboard
18.2 Market share Analysis of Top Vendors
18.3 Key Development Strategies
19Company Profiles
19.1 Sandoz International GmbH (Germany)
19.1.1 Overview
19.1.2 Offerings
19.1.3 Key Financials
19.1.4 Business Segment & Geographic Overview
19.1.5 Key Market Developments
19.1.6 Key Strategies
19.2 Cipla Inc (India)
19.2.1 Overview
19.2.2 Offerings
19.2.3 Key Financials
19.2.4 Business Segment & Geographic Overview
19.2.5 Key Market Developments
19.2.6 Key Strategies
19.3 Bayer AG (Germany)
19.3.1 Overview
19.3.2 Offerings
19.3.3 Key Financials
19.3.4 Business Segment & Geographic Overview
19.3.5 Key Market Developments
19.3.6 Key Strategies
19.4 St. Renatus (U.S.)
19.4.1 Overview
19.4.2 Offerings
19.4.3 Key Financials
19.4.4 Business Segment & Geographic Overview
19.5 Key Market Developments
19.4.6 Key Strategies
19.5 GSK plc (U.K.)
19.5.1 Overview
19.5.2 Offerings
19.5.3 Key Financials
19.5.4 Business Segment & Geographic Overview
19.5.5 Key Market Developments
19.5.6 Key Strategies
19.6 Novartis AG (Switzerland)
19.6.1 Overview
19.6.2 Offerings
19.6.3 Key Financials
19.6.4 Business Segment & Geographic Overview
19.6.5 Key Market Developments
19.6.6 Key Strategies
19.7 Mylan N.V. (U.S.)
19.7.1 Overview
19.7.2 Offerings
19.7.3 Key Financials
19.7.4 Business Segment & Geographic Overview
19.7.5 Key Market Developments
19.7.6 Key Strategies
19.8 Teva Pharmaceutical Industries Ltd.(Israel)
19.8.1 Overview
19.8.2 Offerings
19.8.3 Key Financials
19.8.4 Business Segment & Geographic Overview
19.8.5 Key Market Developments
19.8.6 Key Strategies
19.9 Leeford Healthcare Ltd (India)
19.9.1 Overview
19.9.2 Offerings
19.9.3 Key Financials
19.9.4 Business Segment & Geographic Overview
19.9.5 Key Market Developments
19.9.6 Key Strategies
19.10 Mylan N.V. (U.S.)
19.10.1 Overview
19.10.2 Offerings
19.10.3 Key Financials
19.10.4 Business Segment & Geographic Overview
19.10.5 Key Market Developments
19.10.6 Key Strategies