Dublin, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The "Nasal Drug Delivery Technology - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Nasal Drug Delivery Technology Market to Reach $111.9 Billion by 2030
The global market for Nasal Drug Delivery Technology estimated at US$74.8 Billion in the year 2022, is projected to reach a revised size of US$111.9 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Nasal Sprays, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$60.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Drops & Liquids segment is readjusted to a revised 4.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $22.4 Billion, While China is Forecast to Grow at 4.8% CAGR
The Nasal Drug Delivery Technology market in the U.S. is estimated at US$22.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$19.5 Billion by the year 2030 trailing a CAGR of 4.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
Market Scope
The data provided presents a comprehensive analysis of the global market for nasal drug delivery technology. The analysis spans the years from 2014 to 2030 and includes insights into annual sales figures in US$ million and percentage CAGR for various geographic regions including the USA, Canada, Japan, China, Europe, Asia-Pacific, and Rest of World.
It covers different aspects of nasal drug delivery technology, including various dosage forms such as nasal sprays, drops & liquids, other dosage forms, multi-dose, unit-dose, bi-dose, and therapeutic applications such as allergic & non-allergic rhinitis, nose congestion, vaccination, and other therapeutic applications.
Additionally, the analysis provides a perspective over 16 years, offering a percentage breakdown of value sales for the specified regions for the years 2014, 2023, and 2030. The data highlights trends and growth opportunities in the field of nasal drug delivery technology across different applications and settings, including home care settings and hospitals.
Market Overview
- Influencer Market Insights
- World Market Trajectories
- Nasal Drug Delivery Technology - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Select Competitors (Total 47 Featured)
- 3M Company
- Aegis Therapeutics LLC
- Aptargroup, Inc.
- AstraZeneca PLC
- GlaxoSmithKline PLC
- Johnson & Johnson
- Merck & Co., Inc.
- Novartis International AG
- Pfizer, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $74.8 Billion |
| Forecasted Market Value (USD) by 2030 | $111.9 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/4oot8v
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
