Electric
Nasal Spray Market Overview
Effective
delivery of drugs is one of the issue for which many researches are
conducted all over the world. Various developments are introduced
continuously for this purpose. Nasal spray is now getting popular in
the world as a more effective method of drug delivery. Many
Pharmaceutical firms are introducing the same drugs in nasal spray
packaging instead of syrup or tablets or any other form. The nasal
sprays can be equipped with electronic circuits that can provide
additional features in it. Due to lack of awareness or in the heat of
the moment of excessive pain, patients often take extra doses of the
medicine. E-lockout is a feature introduced in electric nasal spray
that limits the doses of the medicine and protect the patient from
adverse effect of the medicine. This feature is introduced in the
market in consideration of cancer patients who suffer from
breakthrough pain and doses themselves with nasal spray pain relief.
The electric nasal spray market seems to have good potential in
future.
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Electric
Nasal Spray Market Dynamics
Technological
advancement and demand of improvement in medical science has resulted
in various features in nasal sprays. An electronic system is
introduced in the electric nasal spray market which identifies the
type of drug and also checks its expiry date. The drug is not passed
through spray if the drug do not follow certain parameters. Also,
this defines the parameters for drug delivery. E-lockout feature
prevents the over dosing of the drug which is boon to cancer patients
specially. Some nasal spray provide electronic atomizer which creates
small tornados of very finely atomized drug. This ensures the
effective dosing of drug to the patient which in turn has led to the
growing demand of global electric nasal spray market. The electric
nasal spray are being equipped with a small LCD screen which displays
doses, sound reminders and more. Although, the additional electronic
features are desirable in a nasal spray, battery capacity plays an
important role in success of electric nasal spray market. The number
of electronic features increases battery usage and thus reduces
battery life. Furthermore, the high cost, charging requirement of the
electric nasal spray will reduce the proximity of the device from the
pharmaceutical companies to bring the application electric nasal
spray for high degree of commercialization restraining the growth of
global electric nasal spray market.
Electric
Nasal Spray Market Regional Outlook
Cancer
is second highest cause of death in the whole world. The number of
cancer patients is expected to increase by more than half of present
value in next to decades. Eastern Asia is most prominent region for
cancer patients with around one third of world’s cancer patients in
the region. Significant potential has been observed in North America
making it the largest market for the global electric nasal spray
market. In addition, Asia Pacific followed by North America is
anticipated to be the second faster region for the global
electric nasal spray market. The electric nasal spray market
of Europe seems to have good potential also due to high population of
respiratory disease patients and also highly developed medical
science and hospitals in the region. Latin America is already having
high demand of nasal spray and thus good potential for electric nasal
spray market in the regions registering a decent CAGR over the
forecast period.
Electric
Nasal Spray Market Key Players
Some
of the key players of the electric nasal spray market are
- Aptar Pharma (India) Pvt. Ltd.
- Kurve Technology, Inc.
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