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Nasal Drug Delivery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Nasal Drug Delivery Technology Market and the market is segmented by Dosage Form (Sprays, Drops and Liquids, Gels and Others), Containers, Therapeutic Application, End User and Geography. The market provides the value (in USD million) for the above-mentioned segments.

Home Market Analysis Healthcare Research Device Drug Combination Research Drug Filled Devices Research Nasal Drug Delivery Systems Industry

Nasal Drug Delivery Market Size

Nasal Drug Delivery Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 6.30 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Nasal Drug Delivery Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Nasal Drug Delivery Market with other markets in Healthcare Industry

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Device Drug Combination

Nasal Drug Delivery Market Analysis

The nasal drug delivery market will show a rapid growth owing to the increasing patient preference for nasal drug delivery as a result of easy administration and better efficacy, growing adoption of self-administration practices and the rise in demand for home healthcare devices.

The nasal drug delivery is found to be one of the most preferred drug delivery routes among patients as well as healthcare providers and this can be majorly attributed to the non-invasive nature of the drug delivery and higher drug absorbability through the nasal route. In addition, the nasal route provides a less hostile environment as compared to the other routes and this allows better absorption of drugs.

Moreover, nasal drug delivery does not require any sterile method for administering drugs into the body. Therefore the easy administration of these drugs plays a crucial role in improving the compliance to drug therapies among patients, which in turn drives the patient outcomes. Moreover, the rising patient preference for nasal products owing to increased awareness along with their efficacy and easy administration properties is anticipated to fuel the market growth.

Nasal Drug Delivery Market Trends

This section covers the major market trends shaping the Nasal Drug Delivery Market according to our research experts:

Drops and Liquids is Expected to be the Fastest Growing Segment During the Forecast Period

Drops and liquids segment is estimated to be the fastest-growing dosage form segment with a high CAGR and its growth can be attributed to the affordability and treatment success rates of these liquid products. As there has also been a rising demand for self-administration and increasing patient compliance that is also likely to augment the market growth.

In addition, the availability of various nasal drops and liquids products in the market is expected to contribute to the segment growth over the coming years.

Nasal Drug Delivery Market: Estimated Percentage (%) of Asthma Prevalence,The United States, 2018

North America is Anticipated to Dominate the Nasal Drug Delivery Market

The North America region dominates the nasal drug delivery technology market due to the advanced technology, products launches and innovation, growing prevalence of asthma and chronic obstructive pulmonary disease and increasing adoption of early treatment procedures. As the chronic obstructive pulmonary disease is found to be the third leading cause of death in the United States, therefore the increasing prevalence of COPD may help in increasing the adoption of nasal drug delivery devices. There are also an the increasing number of individuals with asthma that helps to witness strong growth over the forecast period.

Asia Pacific is also expected to witness the fastest CAGR due to the availability of effective treatment methods, high unmet clinical needs, rising disposable income levels, and increasing awareness about these products.

Nasal Drug Delivery Market- Growth Rate By Region

Nasal Drug Delivery Industry Overview

The market is likely to face intense competition over the forecast period owing to the presence of many multinational companies. Geographical expansion, new product development, and joint ventures are some of the key strategies undertaken by key market players. For instance, in 2017, Merck collaborated with Premier, Inc. (US) to develop a preventive care model that seeks to improve adolescent and adult vaccination rates.

Nasal Drug Delivery Market Leaders

  1. Neurelis, Inc.

  2. Aptargroup, Inc.

  3. Becton, Dickinson and Company

  4. Astrazeneca PLC

  5. 3M Company

*Disclaimer: Major Players sorted in no particular order

Nasal Drug Delivery Market Concentration
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Nasal Drug Delivery Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Patient Preference for Nasal Drug Delivery as A Result of Easy Administration and Better Efficacy

      2. 4.2.2 Growing Adoption of Self-Administration Practices

      3. 4.2.3 Rise in Demand for Home Healthcare Devices

    3. 4.3 Market Restraints

      1. 4.3.1 Complications Associated With the Overuse of Nasal Sprays

      2. 4.3.2 Patent Expiry of Several Drugs

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Dosage Form

      1. 5.1.1 Sprays

      2. 5.1.2 Drops and Liquids

      3. 5.1.3 Gels

      4. 5.1.4 Others

    2. 5.2 By Containers

      1. 5.2.1 Non-Pressurized Containers

      2. 5.2.2 Pressurized Containers

    3. 5.3 By Therapeutic Application

      1. 5.3.1 Rhinitis

      2. 5.3.2 Nasal Congestion

      3. 5.3.3 Asthma

      4. 5.3.4 Others

    4. 5.4 By End User

      1. 5.4.1 Hospitals

      2. 5.4.2 Home Health Care

    5. 5.5 Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Mexico

      2. 5.5.2 Europe

        1. 5.5.2.1 Germany

        2. 5.5.2.2 United Kingdom

        3. 5.5.2.3 France

        4. 5.5.2.4 Italy

        5. 5.5.2.5 Spain

        6. 5.5.2.6 Rest of Europe

      3. 5.5.3 Asia Pacific

        1. 5.5.3.1 China

        2. 5.5.3.2 Japan

        3. 5.5.3.3 India

        4. 5.5.3.4 Australia

        5. 5.5.3.5 South Korea

        6. 5.5.3.6 Rest of Asia-Pacific

      4. 5.5.4 Middle East and Africa

        1. 5.5.4.1 GCC

        2. 5.5.4.2 South Africa

        3. 5.5.4.3 Rest of Middle East and Africa

      5. 5.5.5 South America

        1. 5.5.5.1 Brazil

        2. 5.5.5.2 Argentina

        3. 5.5.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 3M Company

      2. 6.1.2 Neurelis, Inc.

      3. 6.1.3 Aptargroup, Inc.

      4. 6.1.4 Astrazeneca PLC

      5. 6.1.5 Becton, Dickinson and Company

      6. 6.1.6 Glaxosmithkline PLC

      7. 6.1.7 Johnson & Johnson Services, Inc.

      8. 6.1.8 Merck & Co., Inc.

      9. 6.1.9 Novartis AG

      10. 6.1.10 Pfizer Inc.

    2. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Nasal Drug Delivery Industry Segmentation

As per the scope of the report, nasal drug delivery is the administration of the drug through the nasal route. Nasal route of administration provides direct access to the systemic circulation. The nasal drug delivery is used as a treatment of local infection in the nasal course & paranasal sinuses such as rhinitis. This technique is used to lessen the problem of slow absorption of drugs, degradation before reaching the target site, and poor bioavailability.

By Dosage Form
Sprays
Drops and Liquids
Gels
Others
By Containers
Non-Pressurized Containers
Pressurized Containers
By Therapeutic Application
Rhinitis
Nasal Congestion
Asthma
Others
By End User
Hospitals
Home Health Care
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Nasal Drug Delivery Market Research FAQs

The Nasal Drug Delivery Market is projected to register a CAGR of 6.30% during the forecast period (2024-2029)

Neurelis, Inc., Aptargroup, Inc., Becton, Dickinson and Company, Astrazeneca PLC and 3M Company are the major companies operating in the Nasal Drug Delivery Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the North America accounts for the largest market share in Nasal Drug Delivery Market.

The report covers the Nasal Drug Delivery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nasal Drug Delivery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Nasal Drug Delivery Industry Report

Statistics for the 2024 Nasal Drug Delivery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Nasal Drug Delivery analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Nasal Drug Delivery Market Report Snapshots

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Nasal Drug Delivery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)