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Nasal Antiseptics Market

Nasal Antiseptics Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Nasal Antiseptics Market Segmented By Type such as lactoperoxidase, lactoferrin, Interferons, Povidone- Iodine, Alcohols

Nasal Antiseptics Market Forecast and CAGR

According to the latest research by Persistence Market Research, Nasal antiseptics market is set to witness a 5.5% growth during the year 2021-2031. The market is expected to witness growth owing to the emergence of covid -19 pandemic as intranasal PVP-1 inactivates covid -19 virus and play major role in eliminating viral transmission along with the help of personal protective equipment’s such mask and sanitizers.

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What is Driving Demand for At-Home Hematology Testing?

Nasal antiseptics are available in huge variety in the market, many of which are allotted for a particular infection for example SARS-COV2 virus, the virus of Covid -19 is inactivated with the help of PVP-I nasal antiseptic and according to research many others antiseptics are now available in the market for the treatment of covid-19 virus.

High amount of acute respiratory coronavirus-2 shacked out from the nasal cavity of an infected patient, both post and pre – symptomatic onset which also includes asymptomatic individuals as well. Nasal antiseptics disinfectants the nasal cavity of those suffering from corona virus which might help to lower down contagiousness and act as a preventive measure.

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Alcohol is considered to be the simple disinfectant present in the market which is likely to augment the market growth over the forecast period

Various preparations of antiseptics such as alcohol with essential oils, hydrogen peroxide, povidone-iodine(PVP-I) and iota - carrageenan are used for the safe applications usage to epithelium.

Moreover, hypertonic saline has also been used as an intervention against various respiratory infections along with covid -19 virus.

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The US and Canada Nasal Antiseptics Market Outlook

Rising prevalence and awareness about nasal infections together with increasing healthcare expenditure is boosting the market growth. Moreover, extensive R&D activities and effort by key players to develop cost-effective and advanced nasal antiseptics are acting as major growth drivers in the U.S. market.

Similarly, manufacturers are coming up with point-of-care devices due to a shifting trend towards patient-self-testing, which is further expected to supplement the growth of the market during the forecast period.

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Europe Demand Outlook for Nasal Antiseptics Market

Europe would witness the highest growth after North America due to the rising prevalence of the nasal infections and covid-19 in the region. According to the World Health Organization, in the European region, numerous types of nasal infections affect more than 30 million children and adults.

Covid -19 is one of the most commonly reported diseases which is mainly affecting every aged group people, contribute strongly to nasal infections and lost productivity in Europe and result into increased the healthcare burden in Europe. Thus the government is taking the initiative to create awareness among the people to use at home testing to reduce the healthcare burden.

Increasing government initiative and increasing incidences of blood cancer in the region is expected to drive Nasal antiseptics market in Europe.

Who are the Key Manufacturers and Suppliers of Nasal Antiseptics Market?

Some of the leading manufacturers and suppliers of Nasal Antiseptics Market include

  • Siemens Healthineers
  • F. Hoffmann-La Roche Ltd.
  • Mindray Medical International Limited
  • Sysmex Corp
  • Abbott Laboratories
  • Horiba Ltd.
  • Danaher Corp
  • EKF Diagnostics Holdings Plc
  • OmegaQuant LLC
  • Sysmex Corporation.

The Nasal antiseptics market is fragmented with the availability of different global and regional manufacturers. Increasing focus on research and development to launch safe and effective nasal antiseptics products owing to the growing need for covid -19 tests would explore opportunities for the manufacturers in the nasal antiseptics market. Acquisitions and mergers and expansion of product portfolios are the strategies adopted by these companies to increase market share.

Key Segments

By Type

  • lactoperoxidase
  • lactoferrin
  • Interferons
  • Povidone- Iodine
  • Alcohols
  • Others

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Nasal Antiseptics Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

- Companies Covered in This Report -

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