Market Research Report
Global Sinusitis Treatment Market size study by Disease (Acute Sinusitis, Sub-acute Sinusitis, and Chronic Sinusitis), Treatment (Analgesics, Antihistamines, Corticosteroids, Antibiotics, Surgery), Regional Forecasts 2021-2027
|Global Sinusitis Treatment Market size study by Disease (Acute Sinusitis, Sub-acute Sinusitis, and Chronic Sinusitis), Treatment (Analgesics, Antihistamines, Corticosteroids, Antibiotics, Surgery), Regional Forecasts 2021-2027|
Published: September 7, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Sinusitis treatment Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Sinusitis can be acute or chronic, with bacteria and viruses obstructing or filling the nasal cavities with fluid if untreated. If sinusitis is not treated or diagnosed, it can lead to problems such as brain abscess and meningitis. For diagnostic purposes, blood tests, ciliary function tests, nasal cytology and allergy testing, sinus CT scans, and sinus MRIs are all available. Antibiotics are the initial line of protection, followed by decongestants and, if needed, surgery. The market is driven by increased demand for diagnostic tests and antibiotics and technological advancements in sinusitis surgery. For instance, monoclonal antibodies are an efficient type of precision medicine in sinusitis with polyps, according to Clinic Barcelona 2021, and several clinical trials have been conducted to determine their efficacy using the medicines omalizumab (IgE), mepolizumab (IL-5), reslizumab (IL-5) and dupilumab (IL4). Nasus Medical, a startup developed out of Stanford Biodesign and now a Fogarty Institute company, is developing a solution for improved intra-nasal drug delivery that will be available in May 2020. However, use of generic drugs in global market may impede market growth over the forecast period of 2021-2027.
The Americas are the largest market for acute sinusitis worldwide, with North America leading the way. The market in North America is growing because of the increased incidence of chronic illnesses in the United States and technical improvements in diagnostic testing. Acute sinusitis impacts 29.4 million individuals in the United States, according to the Centers for Disease Control and Prevention (CDC). In addition, direct spending on sinusitis management by the general public in the United States has increased, including medicines, outpatient and emergency department visits, and ancillary testing and procedures.
Major market player included in this report are:
Smith & Nephew PLC
Dr. Reddy's Laboratories Ltd
Teva Pharmaceutical Industries Ltd
Intersect ENT, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Sinusitis treatment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures