Published on : Sep 19, 2019
Albany, New York, September 19, 2019: According to American Academy of Allergy Asthma & Immunology, chronic rhinosinusitis (CRS), characterized by inflammation of the nose and sinus cavities, is believed to affect nearly 12% of the adult demographic. CRS have nasal polyps which is present in both sides of the nasal cavity and is prevalent among children with cystic fibrosis and person with known aspirin hypersensitivity.
These insights are according to the intelligence report, titled, “Nasal Polyps Treatment Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2027,” which has been of late added to Market Research Hub’s (MRH) exponential repository.
Of late, various steroid delivery options have been used for the treatment of CRSwNP with large volume nasal steroid rinses and squeeze plastic bottles exhibiting superiority over conventional steroid sprays. Prominently, exhalation delivery system with fluticasone has latterly been approved as a steroid device which sprays fluticasone deeper into the nasal cavity to minimize inflammation from nasal polyps. Meanwhile, stents delivering topical steroids have been instrumental in minimizing polyp recurrence.
Other medications such as leukotriene inhibitors including montelukast have been instrumental in the treatment of nasal polyps. Further, a biologic medicine dupilumab has received green signal to treat moderate to severe asthma and recently gained approval to treat CRSwNP. Accordingly, market for nasal polyps treatment is set to expand at a CAGR of ~5% through 2027.
Roll out of products and strategic partnerships have gained traction among prominent players in nasal Polyps treatment market. Accordingly, Intersect ENT, Inc. in the first quarter of 2018 rolled out SINUVA Sinus Implant which is used to treat recurrent nasal polyps in patients.
North America is witnessing an upsurge in the presence of prominent players and stakeholder are buoyed by favorable reimbursement policies. Meanwhile, surge in health care budget in Asia Pacific has instilled confidence among players in nasal Polyps treatment market.
Nasal Polyps Treatment Market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the nasal polyps treatment market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the nasal polyps treatment market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on nasal polyps treatment.
An insightful and deep-dive assessment of the competitive assessment of the nasal polyps treatment market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the nasal polyps treatment market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Nasal Polyps Treatment Market: Research Methodology
Primary sources and secondary sources propel intelligence report on nasal polyps treatment market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst. Report on nasal polyps treatment market further acknowledges secondary sources—namely—Factiva, EC filing, press release, trade journals, resourceful database and governmental websites.
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