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Nasal Spray Market Size

  • Report ID: GMI5687
  • Published Date: May 2023
  • Report Format: PDF

Nasal Spray Market Size

Nasal Spray Market size was evaluated to be around USD 24.48 billion in 2022 and is projected to expand at over 6.7% from 2023 to 2032. The growth is attributed to factors such as the growing prevalence of chronic respiratory diseases and nasal disorders, rising demand for nasal sprays, and new nasal spray product launches for various disease treatments.

 

Nasal drug delivery is also known as snorting, in which the medications are inhaled through the nose. Nasal spray is one of the nasal drug delivery systems that helps deliver the drug directly into the nasal cavities. It has several advantages, like rapid absorption of drugs, faster onset of action, lesser degradation of drugs, and non-invasiveness. Nasal sprays are effective for treating various diseases like nasal allergies, colds, hay fever, sinusitis, non-allergic rhinitis, and nasal polyps. It facilitates in cleaning the nasal passage and mucus present due to cold.
 

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for nasal spray was more than USD 24 billion in 2022 and will register over 6.5% CAGR between 2023 and 2032, with growing prevalence of chronic respiratory diseases and nasal disorders.

The steroids nasal spray segment value was over USD 7.5 billion in 2022 as they aid in decreasing nasal inflammation, mucus production, and nasal congestion, improving sinus drainage.

Retail pharmacy end-users is anticipated to depict remarkable growth rate from 2023 to 2032, owing to better awareness and utilization of nasal sprays to treat conditions like runny nose, nasal congestion, swelling, and others.

North America nasal spray market accounted for the highest share in 2022, as a result of the increased prevalence of diseases like sinusitis, allergic rhinitis, nasal polyps, cold, and other respiratory diseases in the region.

Nasal Spray Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 284
  • Countries covered: 21
  • Pages: 170
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