Global Acute Rhinitis Market, By Type (Allergic and Non-Allergic), Treatment (Antihistamines, Intranasal Corticosteroids, Immunotherapies, Decongestants, Others), Route of Administration (Oral, Nasal, Others), End-Users (ENT Centers, Clinics, Hospitals, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Acute rhinitis market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is growing at a CAGR of 4.40% in the above-mentioned research forecast period. Increase in allergens throughout the world and increasing prevalence of respiratory diseases.
Technological advancements in order to enhance the efficacy of nasal sprays and easy availability of over the counter drugs also boost up the market growth. Moreover, increasing research and development and rising healthcare expenditure act as opportunity for the market growth. But, sometimes adverse effect caused by drugs, lack of skilled professionals, increasing adoption of alternative treatment and high presence of manufacturers engaged in manufacturing of generic drugs may hamper the global Acute rhinitis market.
Acute rhinitis is characterized as inflammation of nose which lasts only for few days. It typically caused due to virus infection. Acute rhinitis is mostly a type of non-allergic rhinitis which is confirmed by looking at some of symptoms including runny nose or postnasal strip, nasal congestion among others; however it can be caused due to allergies induced by bacteria or some other causative agents. In order to confirm whether it is acute rhinitis or chronic rhinitis doctors used to perform skin and blood test, nasal endoscopy, CT scan among others. The various types of treatment for acute rhinitis include saline, corticosteroid, antihistamines, anti-drip anticholinergic, and decongestants nasal sprays, among others.
As per the NCBI publication rhinoviruses are the most common pathogen responsible for acute rhinitis and their number is increasing in surrounding at a rapid rate. Approximately 50% of acute viral rhinitis caused due to rhinoviruses. Moreover in U.S approximately 19 million people are suffering from rhinitis, this affected population demands effective and novel drugs and therapies and hence expected to provide market with the lucrative growth.
This acute rhinitis market provides details of market share, new developments and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Acute Rhinitis Market Scope and Market Size
Acute rhinitis market is segmented on the basis of type, treatment, dosage, end-users and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the acute rhinitis market is segmented into allergic and non-allergic.
- On the basis of treatment, the acute rhinitis market is segmented into antihistamines, intranasal corticosteroids, immunotherapies, decongestants, others.
- On the basis of route of administration, the acute rhinitis market is segmented into oral, nasal and others.
- On the basis of end-users, the acute rhinitis market is segmented into ENT centers, clinics, hospitals, others.
- On the basis of distribution channel, the acute rhinitis market has also been segmented into hospital pharmacy, retail pharmacy, online pharmacy and others.
Acute Rhinitis Market Country Level Analysis
Acute rhinitis market is analysed and market size information is provided by country, type, treatment, route of administration, end-users and distribution channel as referenced above.
The countries covered in the acute rhinitis market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.
On geographical estimation, North America accounts the largest market share due to the increasing cases of respiratory disorders and availability of advanced medications for treatment of rhinitis. Europe accounts the second largest market share due to the adoption of advanced treatment by patients and hospitals and continuous efforts by governmental authorities for strengthen research activities. Asia-Pacific is expected to account for the largest market share over coming years for the acute rhinitis market due to increasing exposure to allergen molecules and rising investment for improving the healthcare facilities.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Patient Epidemiology Analysis
Acute rhinitis market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
Competitive Landscape and Acute Rhinitis Market Share Analysis
Acute rhinitis market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to acute rhinitis market.
The major players covered in the acute rhinitis market are Sanofi, Cigna, Himalaya Wellness, Janssen Global Services, LLC, FAES Farma SA, Hisamitsu Pharmaceutical Co.,Inc., Glenmark Pharmaceuticals Inc., Olainfarm, Boehringer Ingelheim International GmbH, CTX Life Sciences Pvt. Ltd., Adroit Pharmachem Pvt Ltd, Avik Pharmaceutical Ltd, GlaxoSmithKline plc, Proveris Scientific Corporation, Sun Pharmaceutical Industries Ltd, Dr. Reddy’s Laboratories Ltd., Hetero Healthcare Limited., Wellona Pharma and Covis Pharma. among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.