Europe Inhalation and Nasal Spray Generic Drugs Market

Europe Inhalation and Nasal Spray Generic Drugs Market Size, Share & Industry Trends Analysis Report By End-user, By Indication (Asthma, Chronic Obstructive Pulmonary Disease (COPD), Allergic Rhinitis), By Distribution Channel, By Demographics, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10778 Publication Date: August-2022 Number of Pages: 111
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Market Report Description

The Europe Inhalation and Nasal Spray Generic Drugs Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).

Some nasal sprays, including steroid and antihistamine sprays, are intended specifically to relieve allergy symptoms and can also be applied repeatedly. Decongestant nasal sprays, a third kind, are best for relieving congestion caused by the flu or a cold because they should only be utilized for a few days at a time.

Drugs can be administered locally within nasal cavities or systemically through nasal sprays. They are applied locally to treat problems, like allergic rhinitis and nasal congestion. Because it offers a comfortable alternative to injection or tablet, the nasal administration route is occasionally chosen for systemic therapy.

Through the nose, substances can be directly and quickly absorbed. Numerous pharmaceuticals are available as nasal sprays for systemic use (e.g. treatments for migraine, sedative-analgesics, osteoporosis, and nausea). Hormone replacement therapy, Parkinson's and Alzheimer's disease treatment, and other uses are also possible. Nasal sprays are considered to be a more effective drug delivery method with the potential to pass the blood-brain barrier.

The use of tobacco is substantially high in the regional countries. With an estimated 209 million people (or 29%) smoking, the WHO European Region has the highest rate of tobacco use in the world. Additionally, 74 million women also smoke in Europe, and the Region has the maximum smoking prevalence among them. The region-wide prevalence of tobacco consumption varies greatly. The use of tobacco contributes significantly to health disparities and is the main cause of mortality and disability in the region.

The Germany market is leading the Europe Inhalation and Nasal Spray Generic Drugs Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,998.9 million by 2028. The UK market would showcase a CAGR of 7.2% during (2022 - 2028). Additionally, The France market is experiencing a CAGR of 8.9% during (2022 - 2028).

Based on End-user, the market is segmented into Homecare, Hospitals, and Others. Based on Drugs Class, the market is segmented into Bronchodilators, Combination Drugs, Antihistamines, Corticosteroids, Decongestant Sprays, and Others. Based on Indication, the market is segmented into Asthma, Chronic Obstructive Pulmonary Disease (COPD), Allergic Rhinitis, and Others. Based on Distribution Channel, the market is segmented into Retail Pharmacy, Hospitals Pharmacy, and Online Pharmacies. Based on Demographics, the market is segmented into Adult Patient, Geriatric Patient, and Pediatric Patient. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Inhalation and Nasal Spray Generic Drugs Market will Hit $29.9 Billion by 2028, at a CAGR of 8.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Viatris, Inc., Akorn, Operating Company LLC, Cipla Limited, Teva Pharmaceuticals Industries Ltd., Novartis AG (Sandoz International GmBH), Apotex, Inc., Hikma Pharmaceuticals PLC, Sun Pharmaceuticals Industries Ltd., Beximco Pharmaceuticals Ltd.

Scope of the Study

Market Segments Covered in the Report:

By End-user

  • Homecare
  • Hospitals
  • Others

By Drugs Class

  • Bronchodilators
  • Combination Drugs
  • Antihistamines
  • Corticosteroids
  • Decongestant Sprays
  • Others

By Indication

  • Asthma
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Allergic Rhinitis
  • Others

By Distribution Channel

  • Retail Pharmacy
  • Hospitals Pharmacy
  • Online Pharmacies

By Demographics

  • Adult Patient
  • Geriatric Patient
  • Pediatric Patient

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Viatris, Inc.
  • Akorn, Operating Company LLC
  • Cipla Limited
  • Teva Pharmaceuticals Industries Ltd.
  • Novartis AG (Sandoz International GmBH)
  • Apotex, Inc.
  • Hikma Pharmaceuticals PLC
  • Sun Pharmaceuticals Industries Ltd.
  • Beximco Pharmaceuticals Ltd.
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