Nasal Drug Delivery Systems Market, by Dosage Form (Nasal Spray, Nasal Drops, Nasal Gels, Nasal Powders, and Others), by Container Type (Non-pressurized Containers and Pressurized Containers), by System Type (Multi Dose, Bi Dose, and Unit Dose), by Therapeutics Application (Allergic and Non-allergic Rhinitis, Nasal Congestion, Vaccination, and Others), by End User (Hospitals and Home Care Settings) and by Region - Global Forecast to 2026
- Report code : CMI41944 |
- Industry :
Medical Devices
- Published On : Jul 2018 |
- Pages : 180 Pages |
- Format :
Nasal Drug Delivery Systems Market Insights – An Effective Needle-free Solution for Drug Delivery
Nasal drug delivery system is an alternative to invasive administrations and provides direct access to systemic circulation. Intranasal drug delivery is common and most preferred route of administration in treatment of allergic and non-allergic rhinitis, pain, acute treatment of migraine, and nasal congestion associated with sinusitis, common cold or rhinitis. Nasal drug delivery are mostly used in case wherein rapid onset of action is required, or to reach the site where other route of administration displays ineffective results. Nasal drug delivery is also preferred route for needle-free vaccination and systemic drug delivery. Liquid nasal preparations can be administered through inhalers, droppers, spray pumps, nebulizers or atomizers.
The global nasal drug delivery systems market size is estimated to be valued at US$ 48.1 billion in 2018 and is expected to witness a CAGR of 6.3% over the forecast period (2018 – 2026).
Figure 1. Global Nasal Drug Delivery Systems Market Share (%), By Region
Source: Coherent Market Insights Analysis (2018)
Increasing awareness about advantages of nasal drug delivery is driving the nasal drug delivery systems market growth
Major advantages of nasal drug delivery is that, the drug circumvents hepatic first-pass metabolism, leading to high bioavailability as compared to drug administered orally. On the other hand, parenteral route of administration is also inconvenient for long term therapeutic treatment.
Nasal cavity being highly vascular enhances the drug absorption resulting in rapid onset of action. Moreover, ease of administration coupled with non-invasive method is driving adoption of nasal drug delivery systems, in turn propelling nasal drug delivery systems market growth.
However, limitations associated with nasal drug delivery system such as histological toxicity or lesser area of absorption as compared to orally administered drug hinders the nasal drug delivery systems market growth.
Figure 2. Global Nasal Drug Delivery Systems Market Value (US$ Mn), By Region, 2017
Source: Coherent Market Insights Analysis (2018)
Furthermore, increasing product launches with nasal drug delivery is also fueling the nasal drug delivery systems market growth. For instance, in 2017, Optinose, an ENT / Allergy specialty pharmaceutical company, received New Drug Application approval for its Xhance, fluticasone propionate, for the indication of nasal polyps in adults. Xhance is a specially designed combination of novel Optinose Exhalation Delivery System and an aqueous suspension of microfine drug delivery for topical intranasal administration via a metered atomizing spray pump. Moreover, the product can be opted for powder and liquid formulation and also addresses the limitation of traditional nasal spray by using its bi-directional delivery.
Nasal drug delivery systems market regional outlook - Asia Pacific is expected to be a rapidly growing market over the forecast period
The regional nasal drug delivery systems market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa by Coherent Market Insights. North America nasal drug delivery systems market is estimated to hold dominant position in 2017. The factors attributed to growth of the North America in nasal drug delivery systems market is increasing research and development by local manufacturers to develop new drug device or delivery system combination.
For instance, Impel NeuroPharma, Inc., a Seattle-based clinical stage biotechnology company, is engaged in applying its Precision Olfactory Delivery (POD) nasal drug delivery platform for drugs such as levodopa powder, insulin liquid, and olanzapine powder for the treatment of Parkinson’s disease, Alzheimer’s disease and agitation in schizophrenia and bipolar disorder, respectively.
However, Asia Pacific nasal drug delivery systems market is expected to witness rapid growth, owing to increasing prevalence of diseases, which are expected to be treated by intranasal route of drug delivery. For instance, according to Journal of Allergy and Clinical Immunology, 2017, the prevalence of asthma in developed cities of Asia Pacific such as Hong Kong, Japan, and Singapore is as high as 12.4%. Key players are targeting high patient pool in this region for further growth, which is not expected in matured markets such as North America and Europe.
The major players operating in nasal drug delivery systems market are Merck & Co., GlaxoSmithKline plc, AstraZeneca plc, Johnson & Johnson, Pfizer Inc., Baxter International, Inc., Valeant Pharmaceuticals International, Inc., Becton, Dickinson and Company, and Novartis AG.
Nasal cavity is becoming one of the most potential and promising route of drug delivery, owing to its advantages such as bypassing the hepatic first-pass metabolism, and most importantly patient convenience. The report provides in depth understanding of developing intranasal formulation to achieve better therapeutic objective, in turn drive the market share. However, the report also focuses on the practical and technical factors which remains the hindrance for the global nasal drug delivery system market growth over the forecast period. Furthermore, report tracks and forecast the market growth of each segment for the period of 2016-2026.
Market Dynamics
The major factors driving growth of the nasal drug delivery systems market includes, increasing product launches coupled with technologically advanced drug delivery systems and increasing incidence of nasal cavity associated diseases. For instance, in June 2018, Insys Therapeutics, Inc., a specialty pharmaceutical company, conducted clinical trial for epinephrine nasal spray, an alternative for intramuscular injection for the indication of anaphylaxis. Furthermore, companies have large number of pipeline drugs, which are to be delivered intranasally such as Acerus Pharmaceuticals Corporation is investigating TEFINA, a testosterone nasal gel, for addressing the unmet treatment demand for female sexual dysfunction. However, intranasal route of drug delivery is not suitable for all drug types, which is expected to be a major restrain for growth of the nasal drug delivery systems market.
Key features of the study:
- This report provides in-depth analysis of the nasal drug delivery systems market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2018 – 2026, considering 2017 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global nasal drug delivery systems market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
- Key companies covered as a part of this study include Merck & Co., GlaxoSmithKline plc, AstraZeneca plc, Johnson & Johnson, Pfizer Inc., Baxter International, Inc., Valeant Pharmaceuticals International, Inc., Becton, Dickinson and Company and Novartis AG
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, distribution channel upgrades, market expansion and marketing tactics.
- The global nasal drug delivery systems market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers of nasal drug delivery system, research and consulting firms, new entrants, and financial analysts
- Various strategy matrices used in analyzing the nasal drug delivery systems market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
Global Nasal Drug Delivery Systems Market, By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
Global Nasal Drug Delivery Systems Market, By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- Global Nasal Drug Delivery Systems Market, By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
Global Nasal Drug Delivery Systems Market, By Therapeutic Application:
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
Global Nasal Drug Delivery Systems Market, By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
Global Nasal Drug Delivery Systems Market, By Region:
- North America
- By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
- By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
- By Therapeutic Application :
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
- By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country:
- U.S.
- Canada
- By Dosage Form:
- Latin America
- By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
- By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
- By Therapeutic Application :
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
- By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Dosage Form:
- Europe
- By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
- By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
- By Therapeutic Application :
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
- By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country:
- Germany
- U.K.
- Italy
- France
- Spain
- Russia
- Rest of Europe
- By Dosage Form:
- Asia Pacific
- By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
- By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
- By Therapeutic Application :
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
- By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- By Dosage Form:
- Middle East
- By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
- By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
- By Therapeutic Application :
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
- By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Dosage Form:
- Africa
- By Dosage Form:
- Nasal Spray
- Nasal Drops
- Nasal Gels
- Nasal Powders
- Others
- By Container Type:
- Non-pressurized Containers
- Pressurized Containers
- By System Type:
- Multi-dose
- Bi-dose
- Unit Dose
- By Therapeutic Application :
- Allergic and Non-allergic Rhinitis
- Nasal Congestion
- Vaccination
- Others
- By Distribution Channel:
- Hospitals Pharmacies
- Retail Pharmacies
- Online Pharmacies
- By Country:
- North Africa
- Central Africa
- South Africa
- By Dosage Form:
- Company Profiles
- Merck & Co.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- GlaxoSmithKline plc
- AstraZeneca plc
- Johnson & Johnson
- Pfizer Inc.
- Baxter International, Inc.
- Valeant Pharmaceuticals International, Inc.
- Becton, Dickinson and Company
- Novartis AG
- Merck & Co.*
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Market Definition and Scope
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Report Description
- Executive Summary
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Industry Trends
- Recent Approvals
- Regulatory Scenario
- Epidemiology
- PEST Analysis
- Market Dynamics
- Global Nasal Drug Delivery Systems Market, By Dosage Form, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Nasal Spray
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Nasal Drops
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Nasal Gels
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Nasal Powders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Nasal Drug Delivery Systems Market, By Container Type, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Non-Pressurized Containers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Pressurized Containers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Nasal Drug Delivery Systems Market, By System Type, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Multi Dose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Bi-Dose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Unit Dose
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Nasal Drug Delivery Systems Market, By Therapeutic Application, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Allergic and Non-Allergic Rhinitis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Nasal Congestion
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Vaccination
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Nasal Drug Delivery Systems Market, By Distribution Channel, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Hospitals Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Nasal Drug Delivery Systems Market, By Regions, 2016–2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Region, 2017 – 2026
- Regional Trends
- North America
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Container Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By System Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Therapeutic Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Container Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By System Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Therapeutic Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Container Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By System Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Therapeutic Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Container Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By System Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Therapeutic Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Container Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By System Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Therapeutic Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Container Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By System Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Therapeutic Application, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Distribution Channel, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
- Northern Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Merck & Co.*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- GlaxoSmithKline plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- AstraZeneca plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Pfizer Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Baxter International, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Valeant Pharmaceuticals International, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Becton, Dickinson and Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Novartis AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Market Strategies
- Merck & Co.*
- Analyst Views
- Section
- References
- Research Methodology
- About Us and Sales Contact
*Browse 40 market data tables and 38 figures on “Nasal Drug Delivery Systems Market - Global forecast to 2026”.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
- National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
- Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
- Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
- Trade association, National and international media and trade press.
- Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
- Scientific journals, and other technical magazines and whitepapers.
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Data Standardization:
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
- Micro-economic indicators
- Macro-economic indicators
- Environmental indicators
- Socio-political indicators
- Technology indicators
Data Processing
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
Data Validation
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
- It provides first-hand information on the market dynamics, outlook, and growth parameters.
- Industry experts validates the estimates which helps the company to cement the on-going research study.
- Primary research includes online surveys, face-to face interviews, and telephonic interviews.
The primary research is conducted with the ecosystem players including, but not limited to:
- Raw Material Suppliers
- Manufacturers
- System Integrators
- Distributors
- End-users
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