Market Overview:
The global sinusitis medicine market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of sinusitis, rising awareness about sinusitis and its treatment options, and technological advancements in the field of sinusitis medicine. The global sinusitis medicine market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into antibiotics, corticosteroids, decongestants, and other medications. The antibiotics segment accounted for a major share of the global sinusitis medicine market in 2017 owing to their high efficacy in treating various types of infections caused by bacteria. However, overuse or misuse of antibiotics has led to development resistance among bacteria strains which is likely to hamper growth prospects for this segment during forecast period 2018-2030 .On account on application ,the acute Sinusesis Segment accounts for majority revenue share followed by chronic Sinusesis Segment In terms Of Value In Global Sinuses Medicine Market And Is Expected To Grow At A Cagr Of 6% Over The Forecast Period .Regionally North America Held Largest Share In Terms Revenue And Is Expected To Grow At A Cagr Of 5% Over The Forecast Period While Asia Pacific Is Estimated To Be Fastest Growing Region With A Cagr 7%.
Product Definition:
Sinusitis Medicine is an important part of treating sinus infections. It helps to clear the mucus from the nasal passages and helps to reduce inflammation.
Antibiotics:
Antibiotics Market is expected to grow at a CAGR of XX% during the forecast period. The market growth can be attributed to factors such as increasing geriatric population, rising prevalence of bacterial and viral diseases, growing R&D initiatives by key players and high demand for effective treatment options. Sinusitis is one of the most common conditions treated with antibiotics. According to CDC (Centers for Disease Control & Prevention), in U.S.
Corticosteroids:
Corticosteroids are naturally occurring hormones that are found in the adrenal glands. They help reduce inflammation by decreasing vascularity of the affected area. Corticosteroids can be administered as a transdermal patch, oral medication (pills), or intravenous injection.
Application Insights:
The acute sinusitis segment dominated the global market in 2017. The application of this category includes treatment of acute rhinosinusitis, which is the most common type of sinusitis. It also includes other forms such as nasal congestion with or without fever, and infection in one or both eyes. In 2017, acute rhinosinusitis accounted for around 41% share in the global revenue due to its high incidence rate worldwide and growing awareness about early diagnosis & treatment options for this condition.
According to a study published by NCBI in 2018, around 15% to 20% people get affected each year with nasal infections including colds and flu that cause Sinonasal Acute Infection (SAI). This disease accounts for maximum hospitalization rate followed by Strep Throat as well as Ear Nose & Throat (ENT) infections across the globe owing to its high infectiousness factor that makes it difficult for patients suffering from these conditions to go unnoticed.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing prevalence of rhinitis and rising healthcare expenditure. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to improving economic conditions, growing population, and increasing awareness about available treatment options for sinusitis. In addition, increase in number of product launches coupled with high unmet medical needs are also expected drive growth over the forecast period.
Growth Factors:
- Increasing incidence of sinusitis
- Growing awareness about sinusitis and its treatment options
- Rising demand for minimally invasive procedures for sinusitis treatment
- Technological advancements in sinusitis medicine industry
- Growing number of product launches by key players
Scope Of The Report
Report Attributes
Report Details
Report Title
Sinusitis Medicine Market Research Report
By Type
Antibiotics, Corticosteroids, Decongestants, Other
By Application
Acute Sinusitis, Chronic Sinusitis
By Companies
Sanofi, Bayer, Pfizer, AstraZeneca, Novartis, Johnson & Johnson, Merck, Amgen, Bionorica, Dr. Reddy's Laboratories, Huasun
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Sinusitis Medicine Market Report Segments:
The global Sinusitis Medicine market is segmented on the basis of:
Types
Antibiotics, Corticosteroids, Decongestants, Other
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
Acute Sinusitis, Chronic Sinusitis
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:
- Sanofi
- Bayer
- Pfizer
- AstraZeneca
- Novartis
- Johnson & Johnson
- Merck
- Amgen
- Bionorica
- Dr. Reddy's Laboratories
- Huasun
Highlights of The Sinusitis Medicine 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:
- Antibiotics
- Corticosteroids
- Decongestants
- Other
- By Application:
- Acute Sinusitis
- Chronic Sinusitis
- 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 Sinusitis Medicine 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
Sinusitis medicine is a medication used to treat sinus infections. It can be prescribed by a doctor, and it may include antibiotics or other medications.
Some of the major companies in the sinusitis medicine market are Sanofi, Bayer, Pfizer, AstraZeneca, Novartis, Johnson & Johnson, Merck, Amgen, Bionorica, Dr. Reddy's Laboratories, Huasun.
The sinusitis medicine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sinusitis Medicine 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 Sinusitis Medicine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sinusitis Medicine 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 Sinusitis Medicine 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 Sinusitis Medicine Market Size & Forecast, 2020-2028
4.5.1 Sinusitis Medicine Market Size and Y-o-Y Growth
4.5.2 Sinusitis Medicine 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 Antibiotics
5.2.2 Corticosteroids
5.2.3 Decongestants
5.2.4 Other
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 Acute Sinusitis
6.2.2 Chronic Sinusitis
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sinusitis Medicine 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 Sinusitis Medicine 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 Antibiotics
9.6.2 Corticosteroids
9.6.3 Decongestants
9.6.4 Other
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 Acute Sinusitis
9.10.2 Chronic Sinusitis
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 Antibiotics
10.6.2 Corticosteroids
10.6.3 Decongestants
10.6.4 Other
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 Acute Sinusitis
10.10.2 Chronic Sinusitis
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 Antibiotics
11.6.2 Corticosteroids
11.6.3 Decongestants
11.6.4 Other
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 Acute Sinusitis
11.10.2 Chronic Sinusitis
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 Antibiotics
12.6.2 Corticosteroids
12.6.3 Decongestants
12.6.4 Other
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 Acute Sinusitis
12.10.2 Chronic Sinusitis
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 Antibiotics
13.6.2 Corticosteroids
13.6.3 Decongestants
13.6.4 Other
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 Acute Sinusitis
13.10.2 Chronic Sinusitis
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 Sinusitis Medicine Market: Competitive Dashboard
14.2 Global Sinusitis Medicine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanofi
14.3.2 Bayer
14.3.3 Pfizer
14.3.4 AstraZeneca
14.3.5 Novartis
14.3.6 Johnson & Johnson
14.3.7 Merck
14.3.8 Amgen
14.3.9 Bionorica
14.3.10 Dr. Reddy's Laboratories
14.3.11 Huasun
