Chronic Rhinosinusitis Market 2020 Growth Trends by Manufacturers, Regions, Type and Application, Sales, Ex-factory Price and Forecast to 2027

 

Market Size – USD 2132.5 Million in 2019, Market Growth – CAGR of 7.4%, Market Trends– growing prevalence of chronic asthma, potential investment opportunities and technological advancements is expected to fuel the market in the forecast period

The global Chronic Rhinosinusitis Market was valued at USD 2132.5 million in 2019 and is expected to reach USD 3508.0 million by 2027, at a CAGR of 7.4%, According to the current analysis of Emergen Research. Development and manufacture of proficient sinusitis drugs are likely to be highly demanded for efficient treatment of chronic rhinosinusitis as, pollutants, fungal infections and allergies immensely contribute to the rising incidence of rhinosinusitis. Moreover, growing prevalence of growing prevalence of chronic asthma, inflammation of mucosal linings of the nasal passage, and cases of paranasal sinuses are expected to fuel the growth prospects of chronic rhinosinusitis market in the forecast period.

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Roughly more than 15 million people suffer from chronic symptoms of rhinosinusitis in the United States, that is, prevalence of chronic rhinosinusitis ranges from 1% to 5% of the total US population. Chronic rhinosinusitis is primarily characterized by nasel blockage, inflammation of the sinus and nasel linings, facial pain along with rhinorrhea and loss of sense of smell. Effective treatment includes improvement in sinus outflow, enhancement of mucociliary clearance and elimination of inflammation and local infection among other associated treatments.

Additionally, increase in implementation of minimally invasive surgical procedures, widespread awareness concerning the symptoms of the target disease across regions and technological progressions among other favorable scenarios are likely to augment the growth of industry during the period of 2020-2027. However, low preference towards sinus surgical undertakings, post-surgery risks of sinus treatment and high cost of treatment may hinder the growth of chronic rhinosinusitis market in the forecast period.

The leading manufactures in the market include Agilent Technologies, Bio-Rad Laboratories, Inc., BGI; Biomatters Ltd., Congenica Ltd, Eurofins Scientific, DNASTAR, F. Hoffmann-La Roche Ltd., Genomatix GmbH, Thermo Fisher Scientific, and Foundation Medicine, among others, among others.

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Regional Scope: North America; Europe; Asia Pacific; Central & South America; MEA

Product Outlook (Revenue in Million USD; 2017–2027)

  1. Steroids
  2. Topical Nasal Steroid
  3. Systemic Steroids
  4. Nasal Irrigation
  5. Hypertonic and Isotonic Saline
  6. Steroid Nasal Irrigation
  7. Topical Antibiotic Therapy
  8. Surgical Based
  9. Ethmoidectomy
  10. Endoscopic Intranasal Intervention
  11. Others
  12. Antibiotics
  13. Amoxicillin-Clavulanate
  14. Clindamycin
  15. Sulfamethoxazole
  16. Levofloxacin
  17. Macrolide Therapy
  18. Antifungal Therapy

Disease Outlook (Revenue in Million USD; 2017–2027)

  1. Anatomical Differences
  2. Nasal Tumors
  3. Mucosal Edema
  4. Non-Allergic Rhinitis
  5. Immune Deficiency
  6. Other

Distribution Channel (Revenue in Million USD; 2017–2027)

  1. Hospital Pharmacies
  2. Retail Pharmacies
  3. Drug Stores
  4. Other

North America accounted for the largest market share of approximately, 37.2% in the global chronic rhinosinusitis market in 2019 primarily due to growing incidences of chronic asthma and rhinosinusitis symptoms along with competent infrastructure and favorable reimbursement scenarios. Owing to such promising market drivers, the North American market is anticipated to grow significantly through the forecast period.

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Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Chronic Rhinosinusitis Market Segmentation & Impact Analysis

    4.1. Chronic Rhinosinusitis Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Intensifying Prevalence of rhinosinusitis

                    4.2.2.2. Emergence of efficient therapeutics for Chronic rhinosinusitis

                    4.2.2.3. Favorable reimbursements

          4.2.3. Market restraints analysis

                    4.2.3.1. High cost of treatment

                    4.2.3.2. Side effects associated with the treatment/surgery

    4.3. Technological Insights

    4.4. Clinical Pipeline Analysis

    4.5. Regulatory Framework

    4.6. Porter’s Five Forces Analysis

    4.7. Competitive Metric Space Analysis

    4.8. Price trend Analysis

    4.9. Covid-19 Impact Analysis

Chapter 5. Chronic Rhinosinusitis Market By Product Type Insights & Trends, Revenue (USD Million)

    5.1. Product Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Steroids

          5.1.2. Nasel irrigation

          5.1.3. Surgical Based

          5.1.4. Antibiotics

          5.1.5. Macrolide Therapy

          5.1.6. Antifungal Therapy

Chapter 6. Chronic Rhinosinusitis Market By Disease Insights & Trends Revenue (USD Million)

    6.1. Disease Dynamics & Market Share, 2019 & 2027

          6.1.1. Anatomical Differences

          6.1.2. Nasal Tumors

          6.1.3. Mucosal Edema

          6.1.4. Non-Allergic Rhinitis

          6.1.5. Immune Deficiency

          6.1.6. Other

Continue…

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