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Acute Viral Rhinosinusitis Treatment Market To Witness Huge Growth by 2022-2030Evaluating By Global Leading Players

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Dupilumab Being Publicized for CRSwNP Treatment in COVID-19 Patients

An increasing number of patients suffering from severe chronic rhinosinusitis with nasal polyps (CRSwNP) is being exposed to COVID-19. In order to improve patient outcomes in these individuals, companies in the acute viral rhinosinusitis treatment market are increasing their output capacities in dupilumab. Dupilumab is associated with improvement in sinonasal function, which is essential for initially tackling coronavirus.

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Dupilumab helps to improve nasal symptoms such as congestion, thus positively affecting the upper respiratory tract. Manufacturers in the acute viral rhinosinusitis treatment market are boosting their production capabilities for other treatments such as nasal corticosteroids and decongestants apart from dupilumab to reduce morbidity and mortality rates amid the ongoing pandemic. The completion of the treatment with dupilumab is recommended, since interruption in the therapy could lead to the progression of rhinosinusitis and worsening of common comorbidities including asthma.

Individual Consideration for Medicines Reduce Complications of ARS

The acute viral rhinosinusitis treatment market is projected to surpass US$ 3.16 Bn by 2031. However, it has been found that in many cases, antibiotics do not prevent the complications of bacterial acute rhinosinusitis (ABRS). This has led to the growing awareness about individual considerations, and taking into account the adverse effects and drug resistances before prescribing antibiotics.

On the other hand, individualized use of intranasal corticoids has proven to be useful in post-vital acute rhinosinusitis (ARS). Manufacturers are bolstering their production capabilities in over-the-counter analgesics and saline nasal irrigation for the treatment of ARS.

Amoxicillin, Clavulanate Being Recommended to Patients at Risk of Pneumococcal Resistance

Companies in the acute viral rhinosinusitis treatment market are increasing the availability of amoxicillin and clavulanate as a means of appropriate initial therapy for ABRS patients who do not have risk factors for resistance. The combination of amoxicillin and clavulanate is prescribed for children compared to adults. However, there is an increasing emergence of antimicrobial resistance among respiratory pathogens. Hence, manufacturers in the acute viral rhinosinusitis treatment market are increasing their R&D for routine conjugated pneumococcal vaccination in children, which has changed the spectrum of bacterial infection.

The high dose of amoxicillin and clavulanate is being recommended for patients at high risk of pneumococcal resistance. The increasing microbial resistance to antibiotics is leading to the popularity of either amoxicillin or amoxicillin-clavulanate for the treatment of ABRS.

Topical Corticosteroid Nasal Sprays Relieve Congestion in Patients

Nasal saline irrigation is found to effectively remove or reduce the burden of debris and pathogens locally from the nares, resulting in symptomatic relief. Companies in the acute viral rhinosinusitis treatment market are increasing their output capacities in topical intranasal therapies to reduce congestion in patients. Topical corticosteroid nasal sprays help to reduce mucosal inflammation, thus reducing stenosis of the sinus drainage pathways. As such, nasal corticosteroids are expected to dominate the second highest revenue among all treatment types in the acute viral rhinosinusitis treatment market.

On the other hand, topical antihistamine can help lower inflammation and irritation of the mucosa, while reducing edema in the nasal passages and opening up the sinus ostia.

Analysts’ Viewpoint

Apart from boosting production of dupilumab and other medications, special epidemic situations such as the ongoing coronavirus pandemic are requiring strict recommendations including social distancing and home confinement. The acute viral rhinosinusitis treatment market is projected to grow at a CAGR of 5.3% during the forecast period. This is evident since the economic burden of ARS is incredibly high, owing to a large number of medical visits. Moreover, misuse of diagnostic testing and overuse of medications lead to high indirect costs. Hence, stakeholders and healthcare providers need to create awareness that ARS is a self-resolving and mild disease that can be treated with the help of individual consideration for medicines.

Acute Viral Rhinosinusitis Treatment Market: Overview

The term acute rhinosinusitis (ARS) refers to symptomatic inflammation of the nasal cavity and paranasal sinuses that lasts less than four weeks, a viral infection is the most prevalent cause of acute viral rhinosinusitis

Acute bacterial rhinosinusitis (ABRS) is a nasal and sinus infection. The air-filled space behind the nose is called the nasal cavity. The sinuses are a collection of spaces created by facial bones. These attach to the inside of the nose.

The global acute viral rhinosinusitis treatment market is anticipated to be driven by the increase in rhinosinusitis patients. In 2018, the CDC estimated that 28.9 million individuals in the U.S. were diagnosed with rhinosinusitis.

Increase in incidence of mucosal inflammation leading to rhinosinusitis is expected to drive the global market over the next few years

Demand for acute viral rhinosinusitis treatment is likely to increase due to rise in awareness about sinusitis treatment. New product and device development in the field of acute viral rhinosinusitis treatment is projected to boost the growth of the global market.

Increase in Product Launches and Approvals

The global acute viral rhinosinusitis treatment market is anticipated to be driven by increase in product approvals over the next few years. In December 2020, AstraZeneca announced that it has received marketing authorization from the Drugs Controller General of India (DCGI) for Fasenra. In individuals with severe asthma (eosinophilic asthma) or chronic rhinosinusitis, Fasenra is used in the injection form in a single dose prefilled syringe subcutaneous administration alone. Adult patients with severe asthma with an eosinophilic phenotype or patients with chronic rhinosinusitis are prescribed benralizumab (Fasenra) as an add-on maintenance therapy.

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Market Segmentation: Acute Viral Rhinosinusitis Treatment Market

In terms of treatment, the global acute viral rhinosinusitis treatment market has been classified into saline nasal spray, nasal corticosteroids, decongestants, NSAIDS, and others

Based on route of administration, the global acute viral rhinosinusitis treatment market has been categorized into topical, nasal, oral, and injectable

In terms of distribution channel, the global acute viral rhinosinusitis treatment market has been segregated into online pharmacies, retail pharmacies, and hospital pharmacies

Based on infection type, the global acute viral rhinosinusitis treatment market has been divided into rhinovirus (picornavirus) and non-rhinovirus

Each of the segments has been analyzed in detail for acute viral rhinosinusitis treatment trends, recent trends & developments, drivers, restraints, opportunities, and useful insights. The acute viral rhinosinusitis treatment market report provides current and future revenue (US$ Mn) for each of these segments for the period from 2017 to 2031, considering 2020 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2021 to 2031 along with market size estimations.

Regional Overview: Acute Viral Rhinosinusitis Treatment Market

The global acute viral rhinosinusitis treatment market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been divided into major countries and sub-regions.

North America accounted for the largest share of the global acute viral rhinosinusitis treatment market in 2020 and the trend is expected to continue during the forecast period. Growth of the acute viral rhinosinusitis treatment market in North America can be primarily ascribed to rise in cases of rhinosinusitis in the U.S. For instance, rhinosinusitis accounted for around 12 million to 17 million annual visits to physicians and 12% of antibiotics prescribed to geriatric patients in the U.S., making it one of the 10 most common conditions to be treated in ambulatory practice. Hence, increase in cases of acute rhinosinusitis is projected to fuel the growth of the global acute viral rhinosinusitis treatment market.

Asia Pacific is anticipated to gain market share during the forecast period. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players, especially in China and India, are expected to drive the acute viral rhinosinusitis treatment market in the region over the next few years. Surge in healthcare expenditure and rise in awareness about sinusitis are likely to propel the market in the region.

The demand for acute viral rhinosinusitis treatment is also driven by the launch of acute viral rhinosinusitis treatment products by major companies in the region. On December 22, 2020, AstraZeneca announced marketing authorization from the Drugs Controller General of India (DCGI) for usage of Fasenra (Benralizumab solution for injection in a single dose prefilled syringe30 mg/ml subcutaneous administration only) in patients with severe asthma (eosinophilic asthma) or chronic rhinosinusitis. Benralizumab (Fasenra) is indicated as an add-on maintenance treatment for severe asthma with an eosinophilic phenotype in adult patients or patients with chronic rhinosinusitis.

The current and future market sizes in terms of value (US$ Mn) of the regional markets and major countries have been provided in the report for the period from 2017 to 2031, along with their CAGRs for the period from 2021 to 2031

The study also offers a list of recommendations, highlights, and useful insights of the market, which are estimated to help new companies willing to enter the market and existing companies to increase market share and in the decision-making process

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Major Players

The report concludes with the company profiles section that includes key information about the major players in the global acute viral rhinosinusitis treatment market

Leading players analyzed in the report are

  • Sun Pharmaceutical Industries, Inc.
  • Pfizer, Inc.
  • Janssen Pharmaceuticals, Inc. (Johnson & Johnson)
  • Fresenius Kabi USA, LLC
  • Dr. Reddy’s Laboratories, Inc.
  • Novartis AG
  • Teva Pharmaceutical Industries Ltd.
  • Sanofi
  • Abbott Laboratories
  • Bayer AG
  • Eli Lilly and Company
  • Bristol-Myers Squibb
  • Merck & Co, Inc.
  • AstraZeneca plc
  • Amneal Pharmaceuticals LLC
  • GlaxoSmithKline plc
  • Aurobindo Pharma
  • Hikma Pharmaceuticals plc
  • Wockhardt
  • Mylan N.V.

Each of these players has been profiled in the report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Key Questions Answered in Acute Viral Rhinosinusitis Treatment Report

  • What is the sales/revenue generated by acute viral rhinosinusitis treatment products across all regions during the forecast period?
  • What are the opportunities in the global acute viral rhinosinusitis treatment market?
  • What are major drivers, restraints, opportunities, and threats in the global market?
  • Which region is set to expand at the fastest CAGR during the forecast period?
  • Which treatment product segment is expected to generate the highest revenue globally in 2031? Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Acute Viral Rhinosinusitis Treatment Market – Segmentation

Treatment

  • Saline Nasal Spray
  • Nasal Corticosteroids
  • Decongestants
  • NSAIDs
  • Others

Route of Administration

  • Topical
  • Nasal
  • Oral
  • Injectable

Distribution Channel

  • Online Pharmacies
  • Retail Pharmacies
  • Hospital Pharmacies

Infection Type

  • Rhinovirus (Picornavirus)
  • Non-Rhinovirus

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Acute Viral Rhinosinusitis Treatment Market

4. Market Overview

4.1. Introduction & Overview

4.2. Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.2.3. Opportunities

4.3. Global Acute Viral Rhinosinusitis Treatment Market Analysis and Forecast, 2017–2030

5. Market Outlook

5.1. Clinical Trials & Regulatory Approvals Analysis

5.2. List of Brand / Product Approved

5.3. COVID-19 Pandemic Impact on Industry (value chain and short / mid / long term impact)

5.4. Technological Advancements

5.5. Disease Prevalence & Incidence

6. Global Acute Viral Rhinosinusitis Treatment Market Analysis and Forecast, by Treatment

6.1. Introduction & Definition

6.2. Global Acute Viral Rhinosinusitis Treatment Market Value (US$ Mn) Forecast, by Treatment, 2017–2030

6.2.1. Saline Nasal Spray

6.2.2. Nasal Corticosteroids

6.2.2.1. Fluticasone

6.2.2.2. Budesonide

6.2.2.3. Mometasone

6.2.2.4. Others

6.2.3. Decongestants

6.2.3.1. Topical Decongestants

6.2.3.2. Systemic Decongestants

6.2.4. NSAIDs

6.2.4.1. Acetaminophen

6.2.4.2. Ibuprofen

6.2.4.3. Aspirin

6.2.4.4. Others

6.3. Global Acute Viral Rhinosinusitis Treatment Market Attractiveness Analysis, by Route of Administration

7. Global Acute Viral Rhinosinusitis Treatment Market Analysis and Forecast, by Route of Administration

7.1. Introduction & Definition

7.2. Global Acute Viral Rhinosinusitis Treatment Market Value (US$ Mn) Forecast, by Route of Administration, 2017–2030

7.2.1. Acute Viral Rhinosinusitis Treatment

7.2.1.1. Topical

7.2.1.2. Nasal

7.2.1.3. Oral

7.2.1.4. Injectable

7.3. Global Acute Viral Rhinosinusitis Treatment Market Attractiveness Analysis, by Route of Administration

8. Global Acute Viral Rhinosinusitis Treatment Market Analysis and Forecast, by Distribution Channel

8.1. Introduction & Definition

8.2. Global Acute Viral Rhinosinusitis Treatment Market Value (US$ Mn) Forecast, by Distribution Channel, 2017–2030

8.2.1. Acute Viral Rhinosinusitis Treatment

8.2.1.1. Online Pharmacies

8.2.1.2. Retail Pharmacies

8.2.1.3. Hospital Pharmacies

8.3. Global Acute Viral Rhinosinusitis Treatment Market Attractiveness Analysis, by Distribution Channel

9. Global Acute Viral Rhinosinusitis Treatment Market Analysis and Forecast, by Infection Type

…….

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