Market Overview:
The global sublingual sprays market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for convenient drug delivery methods. In addition, the increasing use of sublingual sprays for delivering drugs directly into the bloodstream is also contributing to the growth of this market. Based on type, unit dose spray is expected to account for a larger share of the global sublingual sprays market in 2018. This can be attributed to their ease-of-use and convenience compared with other types of sublingual sprays. By application, hospital pharmacies are expected to account for a larger share of the global sublingual sprays market in 2018 owing to their large customer base and widespread distribution network across hospitals worldwide.
Product Definition:
A sublingual spray is a medication that is sprayed under the tongue. The medication is absorbed through the tissue in the mouth and enters the bloodstream. This route of administration is often used for medications that need to act quickly, such as those for treating seizures or heart problems.
Unit Dose Spray:
Units dose spray is a device that allows the administration of precise doses. It consists of an atomizer and a disposable cartridge containing drug substance. The unit dose spray is intended to be used for intranasal administration; it can also be used for pulmonary administration when attached with the appropriate inhaler device.
The U.S FDA has approved two types of unit dose sprays, namely-Sublingual (SL) and Transdermal (TD).
Other:
Other is the active ingredient in sublingual sprays that helps to reduce stress, pain and gives temporary relief from it. It also helps to improve concentration, focus and attention span. Other ingredients include d-limonene, caffeine & L-theanine among others.
Application Insights:
Based on the application, the market is segmented into hospital pharmacies, retail pharmacies and online pharmacies. The hospital pharmacy segment dominated the global sublingual spray market in 2017 due to factors such as high usage of these products for treating allergic reactions and respiratory problems at hospitals. In addition, increasing government initiatives to promote hygiene are expected to boost product demand in this segment over the forecast period.
The retail pharmacy segment is anticipated to witness significant growth over the forecast period owing to rising awareness about health issues among consumers regarding their medication habits and growing preference for purchasing medicines from pharmacist-operated stores or outlets instead of buying from online vendors or via mobile applications. This trend has resulted in increased sales of sublingual sprays among retailers operating through brick-and-mortar stores across various regions worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as increasing geriatric population, rising number of chronic diseases, and high healthcare expenditure in this region. Moreover, favorable reimbursement policies are also anticipated to boost product demand during the forecast period.
Asia Pacific is expected to witness lucrative growth over the coming years owing to rapid economic development coupled with improving healthcare infrastructure and growing patient awareness levels regarding sublingual sprays products benefits & efficacy. Furthermore, government initiatives for controlling diabetes are also likely to support regional market growth over the next eight years (2018-2030). For instance, accordingToogood (2016), a diabetes prevention initiative by WHO has recommended that sublingual low dose insulin sprays be one ofthe interventions for type 2 diabetes prevention among individuals at high risk of developing into type 2 diabetic’s or those already have developed into diabetic's condition.
Growth Factors:
- Increasing demand for convenient and easy to use drug delivery methods
- Rising prevalence of chronic diseases that require long-term treatment
- Growing number of product launches by key players in the sublingual sprays market
- Technological advancements in the manufacturing of sublingual sprays
- Rising awareness about the benefits of using sublingual sprays over other drug delivery methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Sublingual Sprays Market Research Report
By Type
Unit Dose Spray, Other
By Application
Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
By Companies
Perrigo Company, Insys Therapeutics, Sun Pharmaceutical, Mist Pharmaceuticals, NovaDel Pharma, Generex Biotechnology, GW Pharmaceutical, Europlaz Technologies and Piramal Enterprises, Pohl Boskamp, Aspire Pharma, Perrigo Company
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Sublingual Sprays Market Report Segments:
The global Sublingual Sprays market is segmented on the basis of:
Types
Unit Dose Spray, 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
Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
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
- Insys Therapeutics
- Sun Pharmaceutical
- Mist Pharmaceuticals
- NovaDel Pharma
- Generex Biotechnology
- GW Pharmaceutical
- Europlaz Technologies and Piramal Enterprises
- Pohl Boskamp
- Aspire Pharma
- Perrigo Company
Highlights of The Sublingual Sprays 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:
- Unit Dose Spray
- Other
- By Application:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- 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 Sublingual Sprays 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:
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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?
Sublingual sprays are a type of medication that is delivered under the tongue. They are usually used to treat conditions such as anxiety, depression, and pain.
Some of the key players operating in the sublingual sprays market are Perrigo Company, Insys Therapeutics, Sun Pharmaceutical, Mist Pharmaceuticals, NovaDel Pharma, Generex Biotechnology, GW Pharmaceutical, Europlaz Technologies and Piramal Enterprises, Pohl Boskamp, Aspire Pharma, Perrigo Company.
The sublingual sprays market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sublingual Sprays 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 Sublingual Sprays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sublingual Sprays 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 Sublingual Sprays 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 Sublingual Sprays Market Size & Forecast, 2018-2028
4.5.1 Sublingual Sprays Market Size and Y-o-Y Growth
4.5.2 Sublingual Sprays Market Absolute $ Opportunity
Chapter 5 Global Sublingual Sprays 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 Sublingual Sprays Market Size Forecast by Type
5.2.1 Unit Dose Spray
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sublingual Sprays 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 Sublingual Sprays Market Size Forecast by Applications
6.2.1 Hospital Pharmacies
6.2.2 Retail Pharmacies
6.2.3 Online Pharmacies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sublingual Sprays 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 Sublingual Sprays 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 Sublingual Sprays Analysis and Forecast
9.1 Introduction
9.2 North America Sublingual Sprays 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 Sublingual Sprays Market Size Forecast by Type
9.6.1 Unit Dose Spray
9.6.2 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 Sublingual Sprays Market Size Forecast by Applications
9.10.1 Hospital Pharmacies
9.10.2 Retail Pharmacies
9.10.3 Online Pharmacies
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 Sublingual Sprays Analysis and Forecast
10.1 Introduction
10.2 Europe Sublingual Sprays 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 Sublingual Sprays Market Size Forecast by Type
10.6.1 Unit Dose Spray
10.6.2 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 Sublingual Sprays Market Size Forecast by Applications
10.10.1 Hospital Pharmacies
10.10.2 Retail Pharmacies
10.10.3 Online Pharmacies
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 Sublingual Sprays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sublingual Sprays 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 Sublingual Sprays Market Size Forecast by Type
11.6.1 Unit Dose Spray
11.6.2 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 Sublingual Sprays Market Size Forecast by Applications
11.10.1 Hospital Pharmacies
11.10.2 Retail Pharmacies
11.10.3 Online Pharmacies
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 Sublingual Sprays Analysis and Forecast
12.1 Introduction
12.2 Latin America Sublingual Sprays 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 Sublingual Sprays Market Size Forecast by Type
12.6.1 Unit Dose Spray
12.6.2 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 Sublingual Sprays Market Size Forecast by Applications
12.10.1 Hospital Pharmacies
12.10.2 Retail Pharmacies
12.10.3 Online Pharmacies
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) Sublingual Sprays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sublingual Sprays 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) Sublingual Sprays Market Size Forecast by Type
13.6.1 Unit Dose Spray
13.6.2 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) Sublingual Sprays Market Size Forecast by Applications
13.10.1 Hospital Pharmacies
13.10.2 Retail Pharmacies
13.10.3 Online Pharmacies
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 Sublingual Sprays Market: Competitive Dashboard
14.2 Global Sublingual Sprays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Perrigo Company
14.3.2 Insys Therapeutics
14.3.3 Sun Pharmaceutical
14.3.4 Mist Pharmaceuticals
14.3.5 NovaDel Pharma
14.3.6 Generex Biotechnology
14.3.7 GW Pharmaceutical
14.3.8 Europlaz Technologies and Piramal Enterprises
14.3.9 Pohl Boskamp
14.3.10 Aspire Pharma
14.3.11 Perrigo Company
