Pharmaceutical Industry Today

Sinusitis Treatment Drugs Market–Growth, Future Prospects and Competitive Analysis, 2018-2026

Sinusitis treatment drugs market accounted for a market value of US$ 2,006.9 Mn in 2017 and projected to grow at a CAGR of 3.2% during the forecast period from 2018 to 2026. Sinusitis is an inflammation of the paranasal sinuses caused due to allergy, autoimmune reactions or physical obstructions. According to American Academy of Allergy Asthma & Immunology (AAAAI), sinusitis is of two types acute and chronic where acute sinusitis symptoms lasts for less than four weeks while chronic sinusitis is diagnosed when symptoms last for more than 12 weeks.
Published 15 October 2018
Credence Research has recently published a market research study that includeselaborativeanalysis which was result of an extensive research methodologyfor Sinusitis Treatment Drugs marketwith estimationsfrom 2018 to 2026. The highlights of this report aredrivers, restraints and opportunities of Sinusitis Treatment Drugs market, offered acrossthe recent and estimated timeline till 2026.Major report takeawaysare competitive landscape assessment, attractive investment proposition, and brief profiles of companies operating in Sinusitis Treatment Drugs market which will give 3600 view for the market dynamics. Companies are profiled on the basis of vital data points such asbusiness overview, financial synopsis, product/service portfolio, and news coverage accompanied with recent updates specific to Sinusitis Treatment Drugs market. The cross-sectional geographical analysis covers regions such as North America (U.S & Canada), Europe (U.K., Germany & Rest of Europe), Asia Pacific (China, Japan, & Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (GCC & Rest of Middle East & Africa).

Full Report Visit: https://www.credenceresearch.com/report/sinusitis-treatment-drugs-market

Market Insights:
Sinusitis is one the most common upper respiratory tract infections with huge awareness in patents and medical professionals. Based on severity and nature, rhinosinusitis is classified into acute and chronic. It has been observed that most of the acute sinusitis cases are caused due to viral infection allied with common cold. Most of sinusitis cases are treated with decongestants, analgesics, and saline irrigation, particularly in patients to provide symptomatic relief. In addition, narrow-spectrum antibiotics are also prescribed in cases of acute sinusitis where disease condition do not improve after 7 days. According to Sinuwave Technologies Corporation, sinusitis affects around 40% of the population in the United States and results around US$ 8.6 Bn in annual treatment expenditure every year. According to medical experts, acute sinusitis is usually of viral etiology and patients are treated with supportive therapies such as nasal irrigation. In case of chronic sinusitis, patients are on multiple regimes of antibiotics, local & systemic corticosteroid therapy, and other drugs.
Keyresearch study highlights comprise:
  1. Exhaustiveresearch and analysis of the global Sinusitis Treatment Drugs industry
  2. The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
  3. Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Sinusitis Treatment Drugs market is also covered in the report
  4. Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering& business strength
  5. Cross sectional analysis of each regioncovering individual segments for the forecast period 2016 - 2018 in terms of value (US$Mn)
Research methodologyapplied for this study:
Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Sinusitis Treatment Drugs market specific to key segments, and regional segmentation.

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  1. Secondary Research
Secondary research was initiated with data collected through sources such aspress releases,company annual reports, and relevant documents focusing on the current developments in the global Sinusitis Treatment Drugs market. Authentic sources such as university research papers, scientific journals, and government websites were similarlyscreened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Sinusitis Treatment Drugs market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Sinusitis Treatment Drugs market study.
  1. Primary Research
The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help ofe-mail interactions,telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.
The participants tracked for primary interviews include:
  • Marketing/product managers
  • Vice President/ CEOs
  • National sales managers
  • Market intelligence managers
  • Distributors
  • Purchasing managers
  • Other stakeholders
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