The Nasal Drug Delivery market has seen remarkable patterns as of late, reflecting a change in perspective in drug organization techniques. This painless methodology offers benefits like fast drug absorption, further developed bioavailability, and patient comfort.
Drug organizations are progressively putting resources into nasal drug delivery advances because of the potential for upgraded helpful results. This interest is driven by the capacity of nasal delivery to sidestep the gastrointestinal parcel and liver digestion, bringing about higher drug concentrations in the circulation system.
The pervasiveness of chronic diseases, including respiratory issues like asthma and chronic obstructive pulmonary disease (COPD), has powered the demand for compelling nasal drug delivery frameworks. This pattern is supposed to endure as the worldwide burden of chronic diseases keeps on rising.
There is a developing emphasis on creating nasal drug delivery arrangements custom-made to the novel necessities of pediatric and geriatric patients. Nasal organization gives a practical option in contrast to these populations, offering a safe course that is often more passable than customary strategies.
The market has seen a deluge in demand for nasal drug delivery frameworks for the management of sensitivities and rhinitis. Nasal sprays containing allergy medicines and corticosteroids are acquiring importance as viable answers for alleviating nasal side effects related with these conditions.
The reusing and reformulation of existing drugs for nasal delivery are getting momentum. This approach considers the expansion of patent life and the presentation of further developed adaptations of deep-rooted prescriptions through nasal organization.
The nasal drug delivery market is turning out to be progressively globalized, with organizations expanding their span to undiscovered markets. The emphasis on arising economies, where healthcare foundation is advancing, presents amazing open doors for market growth.
Progresses in genomics and personalized medicine have affected the advancement of custom fitted nasal drug delivery arrangements. Individualized treatment plans in view of genetic elements are driving the customization of nasal drug definitions for ideal supportive results.
The nasal drug delivery market was valued at USD 52,998.5 million in 2018 and is projected to reach USD 81.1 Billion at 7.4% CAGR during the forecaast period 2023-2032.
In July 2021, GlaxoSmithKline announced that the US FDA had sanctioned Nucala (mepolizumab), a monoclonal antibody used for sufferers of chronic rhinosinusitis with nasal polyps.
Aptar Pharma’s subsidiary company Nanopharm collaborated with Fluidda in September 2022 to speed up approvals via an alternative bioequivalence pathway by harnessing their proprietary technology platforms for OIDPs (oral inhalation drug products) under abbreviated new drug application (ANDA) guidelines of the United States FDA.
SaNOtize Research & Development Corp partnered with Glenmark Pharmaceuticals in February 2022 to provide better treatment and care for COVID-19-infected adults in India by launching a nasal spray. This FabiSpray solution is cleared by the Drugs Controller General of India (DCGI) and can be bought in all retail pharmacies.
Catalent had its nasal capabilities enhanced at its Morrisville, Research Triangle Park (RTP), North Carolina, in April 2022. One of them is for administration of drugs from the nose to the brain, which bypasses systemic routes, and another one is for delivery of systemically acting drugs as alternative routes and offers various services related to unit and bi-dose nasal spray product development/manufacturing.
Leading provider of drug delivery systems, Aptar Pharma, unveiled Unidose+, a platform specifically developed for high-viscosity and challenging-to-formulate drugs, in October 2023.
In September 2023, Vectura Group signed a collaboration agreement with ALX Oncology to develop and market a novel formulation of ALX148 as a nasal spray targeting head and neck cancers.
The US FDA approved AstraZeneca’s RINVOQ nasal spray—the first ever IL-12/23 inhibitor meant for moderate-to-severe chronic rhinosinusitis alongside nasal polyps—on August 2023.
Nasal drug delivery is administration of drug through the nasal track to treat various respiratory problems such as paranasal sinuses, nasal infection, and other nasal problems. It is an effective delivery method for medicines that are active in low doses.
Factors such as the painless drug administration, development of new technological nasal drug delivery devices, and the increasing number of patient population with respiratory problem are expected to drive the market growth. Moreover, nasal drug delivery devices are easily accessible and suitable for self-medication it has received positive response from patient population, clinicians, and pharmaceutical scientists.
However, factors such as low bioavailability, nasal irritation, and irreversible damage of cilia of cell is expected to hamper the market growth.
The global nasal drug delivery market has been segmented into drug type, dosage form, basis of system, delivery technologies, therapeutic applications, end users, and region.
The global market has been segmented into anesthetics, antibiotics, pain relief drugs, calcium supplements, vasoconstrictors, antihistamines, and others.
The global market has been segmented into drops, sprays, powder, gels, and ointments.
The global nasal drug delivery market has been segmented into unit dose, multi-dose, and metered dose.
The global market has been segmented into spray, nebulizers, inhalers, and others.
The global market has been segmented into rhinitis, asthma, nasal congestion, chronic obstructive pulmonary disease (COPD), cystic fibrosis, and others.
The global market, by end user, has been divided into home care settings and hospitals & clinics.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The nasal drug delivery market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.
The European nasal drug delivery market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The Asia-Pacific nasal drug delivery market has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific.
The nasal drug delivery market in the Middle East & Africa has been segmented into the Middle East and Africa. The increasing development in healthcare infrastructure and growing economy in countries such as Kuwait, Iran, Israel, and Iraq drive the market growth in this region.
Key Players
Regional Market Summary
Geographically, the market has been segmented, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is anticipated to dominate the global nasal drug delivery market owing to an increasing prevalence of rhinitis, congestion, sinusitis, and respiratory allergic reactions.
Additionally, the well-developed healthcare sector and presence of a large number of medical device companies in this region boosts the market growth. According to the Centers for Disease Control and Prevention January 2017, 30.8 million adults were diagnosed with sinusitis in the US.
Europe is expected to hold the second-largest position in the global nasal drug delivery market. The presence of a large patient population suffering from chronic disorders, increasing technological advancement in the healthcare industry, and growing mergers and acquisitions between healthcare companies drives the market growth in this region.
Alabama Nasal Drug Delivery Association (ADMEA) is a Europe based non-profit organization involved in providing home medical equipment. The presence of such organization in Europe enhances the market growth during the forecasted period.
Asia-Pacific is expected to be fastest-growing region owing to the growing geriatric population and increasing incidences of allergy diseases, which is a common cause of respiratory problems in developing countries.
The Middle East & Africa holds the least share of the market. A majority of the market share of this region is expected to be held by the Middle East due to growing government initiatives for the healthcare sector in this region.
Intended Audience
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