Mucosal Atomization Device Market Size

Report ID: GMI9181
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Published Date: April 2024
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Report Format: PDF

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Mucosal Atomization Device Market Size

Mucosal Atomization Device Market size was valued at USD 712.3 million in 2023 growing at a CAGR of 7.4% between 2024 and 2032. The market growth is being fuelled by several key factors, including the rising prevalence of respiratory illnesses, expanding adoption of intranasal drug delivery systems, and a surging demand for safer and pain-free medication administration solution. Furthermore, the ease of handling and precise drug delivery facilitated by mucosal atomization devices are bolstering market expansion efforts.

 

Mucosal Atomization Device Market

With the increasing prevalence of respiratory conditions such as chronic sinusitis, allergic rhinitis, asthma, and respiratory infections, there is a growing need for effective delivery methods for respiratory medications. Mucosal atomization devices provide a targeted medication delivery method that directly applies the drugs to the respiratory mucosa, enhancing the treatment results for patients with respiratory conditions. According to a study published in National Library of Medicine in April 2022, prevalence of allergic rhinitis has increased globally since the 1990 affecting about 400 million people worldwide yearly.

 

Authors: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :
How big is the mucosal atomization device market?
Mucosal atomization device industry size recorded over USD 712.3 million in 2023 and is expected to depict 7.4% CAGR from 2024 to 2032, owing to the rising prevalence of respiratory illnesses, and the expanding adoption of intranasal drug delivery systems
Why is the demand for nasal atomization devices rising?
What factors are influencing mucosal atomization device market growth in North America?
Who are the leading mucosal atomization device industry players?
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    Base Year: 2023

    Companies covered: 12

    Tables & Figures: 291

    Countries covered: 22

    Pages: 190

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