Mucosal Atomization Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Global Mucosal Atomization Devices Market: Overview
Needleless drug administration systems are fast emerging in clinical relevance as a painless and non-invasive way for delivering medications consisting of multiple drugs. Demands for mucosal atomization devices have evolved on account of numerous advantages of atomization over intravenous administration. Growing clinical relevance of these devices drives the clinical adoption of mucosal atomization devices. Mucosal anatomization devices allow otolaryngologists avoid first-pass metabolism and needle stick injuries. Their controlled administration, their simplicity, and the benefit of rapid absorption via mucosal membranes into the patients’ bloodstream are aspects key to the growing popularity of mucosal atomization devices in therapeutic applications. Their use is rising in patients with allergic rhinitis and sinusitis, in contrast to sprays or drops.
Over the past few years, numerous research activities have taken place with the aim of evaluating long-term and short-term efficacy and safety of atomization devices, expanding the potential of the mucosal atomization devices market. The study takes a close scrutiny of the key dynamics shaping the contours of the global the mucosal atomization devices market.
Global Mucosal Atomization Devices Market: Key Developments
Recent years have seen the advent of mucosal atomization devices that hold great promise in the intranasal delivery of range of medications, notably peptide and protein drugs, thus helping in the expansion of the mucosal atomization devices market. Another instance where the use of mucosal atomization technologies are gathering traction is in the rapid delivery of medications and fluids in emergency care.
Teleflex Incorporated, a globally prominent U.S.-based provider of specialty medical devices, has already developed needle-less products particularly intranasal atomization drug delivery. In the coming months, the company is likely to focus on expanding awareness about and knowledge of healthcare providers delivering medications in emergency procedures through nasal atomization. Industry efforts to create awareness of this sort are undoubtedly expanding the potential of the mucosal atomization devices market.
Growing number of players are focusing on mergers and acquisitions to gain a foothold in key untapped markets. Some of the prominent players in the mucosal atomization devices market are DeVilbiss Healthcare LLC, Medica Holdings, LLC, and Cook Medical Incorporated.
Global Mucosal Atomization Devices Market: Growth Dynamics
Over the past few years, the drawbacks of needle-based injections have become more distinct in the administration of vaccines. Coupled with this, increasing incidence of needle stick injuries has served as a robust proposition for the growing clinical relevance of mucosal atomization devices.
Marked prevalence of chronic sinusitis in numerous countries, especially in the U.S., has reinforced the prospects of the mucosal atomization devices market. Research has established the short-term safety and efficacy of these devices in the treatment of chronic rhinosinusitis.
Growing focus of drug manufacturers on value-based healthcare models in developing regions of the world is underpinning the evolution of the mucosal atomization devices market. The trend is gaining prominence in developing regions. Improvements in healthcare infrastructure are bolstering the prospects of the market.
Stringent regulations by regulatory agencies, notably by the WHO and FDA, pertaining to patient safety and efficacy have spurred research and development in the mucosal atomization devices market.
Global Mucosal Atomization Devices Market: Regional Analysis
The global mucosal devices market has been witnessing considerable prospects in Europe and North America. However, over the past few years, Asia Pacific is fast emerging as a key market. China and India are some of the countries in the region which have been presenting lucrative avenues to specialized medical device manufacturers. Rise in opportunities in the region has been propelled by the growing demand for needleless intranasal delivery for a wide range of drugs. Some of the other key regions likely to shape the revenue potential of the mucosal atomization devices market are Europe and the Middle East and Africa.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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