Market Overview:
The Global Medical Nitroglycerin Spray Market is expected to grow at a CAGR of XX% and reach a market value of USD XX million by 2030. The market is segmented by type, application and region. By type, the market is divided into 90 metered sprays and 200 metered sprays. By application, the market is classified into hospital and drugs store. Geographically, the global medical nitroglycerin spray market is analyzed across North America, Latin America, Europe Asia Pacific and Middle East & Africa. Some of the key factors that are driving the growth of this market include rising prevalence of cardiovascular diseases (CVDs), increasing geriatric population base worldwide and growing demand for minimally invasive procedures.
Product Definition:
Nitroglycerin is a medication that is used to treat chest pain, heart attack, and high blood pressure. Nitroglycerin comes in the form of a tablet, ointment, or spray. The tablet form is taken by mouth. The ointment form is applied to the skin on the chest.
90 metered sprays:
90 metered sprays is a type of aerosol spray that delivers a measured amount of medication. It is used for the treatment of angina pectoris, and to reduce the effects of pre-exercise anxiety. The drug in this case is nitroglycerin, which was earlier administered by oral tablets or as an intravenous infusion.
The introduction of 90 metered sprays has simplified medical procedures.
200 metered sprays:
200 metered sprays is a type of aerosol spray used in the treatment of angina pectoris, and to treat conditions associated with the heart such as cardiac failure and hypertension. 200-metered sprays are also utilized for treating patients with motion sickness, seasickness, nausea caused by radiation therapy or chemotherapy. It is also used as an anti-inflammatory agent in patients suffering from rheumatoid arthritis who have not been able to take pills orally.
Application Insights:
Based on the application, the global medical nitroglycerin spray market is segmented into hospital, drugs store and others. The hospital was estimated as the largest application segment in 2017 owing to its wide usage for various purposes such as treating angina pectoris and heart attack. It also helps in reducing blood pressure by increasing blood flow through relaxation of vascular smooth muscles.
Nitroglycerine is an organic compound with a molecular weight of around 120 that occurs naturally in soil under volcanic mountains. It has been used traditionally for centuries by native people living near volcanoes for recreational activities such as climbing and hiking without any harmful effects on human health or environment due to its non-toxic nature (less than 0.1% concentration). This natural product finds applications not only within therapeutics but also across multiple other fields including agriculture, cosmetics, food additives & preservatives among others which are expected to drive demand over the forecast period thereby contributing towards revenue growth during this study period.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for nitroglycerin tablets and its derivatives. The region is expected to witness a CAGR of XX% over the forecast period, on account of increasing use of nitroglycerin spray for acute and chronic heart conditions. In addition, growing number of patients affected by Coronavirus pandemic is anticipated to boost product demand in North America region during the forecast period.
Europe accounted for approximately 25% share in terms of revenue as there are many manufacturers located in Germany, U.K., France etc., which accounts for a large share within Europe regional market space. Asia Pacific is expected to be fastest-growing regional market with a CAGR exceeding 5% from 2018 to 2030 due primarily increase usage patterns associated with higher dosage requirements found among patients suffering from acute & chronic heart conditions such as hypertension (high blood pressure), cardiac failure or arrhythmia (abnormal heartbeat).
Growth Factors:
- Increasing incidence of cardiovascular diseases: The increasing incidence of cardiovascular diseases is one of the key growth drivers for the medical nitroglycerin spray market. According to a study by the World Health Organization (WHO), an estimated 17.5 million people died from cardiovascular diseases in 2012, accounting for 31% of all global deaths. This number is projected to increase to 23 million by 2030. This growing prevalence of cardiovascular diseases is expected to drive demand for medical nitroglycerin sprays in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace and this is expected to be a major driver for the medical nitroglycerin spray market in the coming years. As per estimates by United Nations, there were around 841 million people aged 60 or above in 2015 and this number is projected to reach 1.4 billion by 2050, accounting for nearly 21% of the world’s population . This rising geriatric population will create significant demand for medical nitroglycerin sprays as these products are often used to treat various age-related health conditions such as heart disease and hypertension .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Nitroglycerin Spray Market Research Report
By Type
90 metered sprays, 200 metered sprays
By Application
Hospital, Drugs Store
By Companies
Perrigo Company, Evus Health Solutions, G. Pohl-Boskamp GmbH, Akrimax Pharmaceuticals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Medical Nitroglycerin Spray Market Report Segments:
The global Medical Nitroglycerin Spray market is segmented on the basis of:
Types
90 metered sprays, 200 metered sprays
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Drugs Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Perrigo Company
- Evus Health Solutions
- G. Pohl-Boskamp GmbH
- Akrimax Pharmaceuticals
Highlights of The Medical Nitroglycerin Spray Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 90 metered sprays
- 200 metered sprays
- By Application:
- Hospital
- Drugs Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Nitroglycerin Spray Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Nitroglycerin spray is a medication used to treat chest pain. It is a type of nitric oxide therapy. Nitroglycerin spray helps to reduce the amount of blood that flows from your heart, which can help to relieve chest pain.
Some of the major companies in the medical nitroglycerin spray market are Perrigo Company, Evus Health Solutions, G. Pohl-Boskamp GmbH, Akrimax Pharmaceuticals.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Nitroglycerin Spray Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Nitroglycerin Spray Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Nitroglycerin Spray Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Nitroglycerin Spray Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Nitroglycerin Spray Market Size & Forecast, 2020-2028
4.5.1 Medical Nitroglycerin Spray Market Size and Y-o-Y Growth
4.5.2 Medical Nitroglycerin Spray Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 90 metered sprays
5.2.2 200 metered sprays
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Drugs Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Nitroglycerin Spray Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Nitroglycerin Spray Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 90 metered sprays
9.6.2 200 metered sprays
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Drugs Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 90 metered sprays
10.6.2 200 metered sprays
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Drugs Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 90 metered sprays
11.6.2 200 metered sprays
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Drugs Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 90 metered sprays
12.6.2 200 metered sprays
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Drugs Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 90 metered sprays
13.6.2 200 metered sprays
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Drugs Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Nitroglycerin Spray Market: Competitive Dashboard
14.2 Global Medical Nitroglycerin Spray Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Perrigo Company
14.3.2 Evus Health Solutions
14.3.3 G. Pohl-Boskamp GmbH
14.3.4 Akrimax Pharmaceuticals
