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Acute Sinusitis Market Analysis, Growth Rate, Business Opportunities and Competitive Landscape | COVID-19 Effects
Acute
sinusitis is an upper respiratory infection affecting allergy sufferers, hay
fever patients, patients with a deviated nasal septum, patients with cystic
fibrosis, and patients with infected adenoids, among others. Acute sinusitis is
an inflammation of the membranes lining the nose and the sinuses around it. It
manifests as nasal congestion, headache, and feelings of tenderness behind the
eyes and other sinuses in the face, including around the cheeks and the
forehead. According to the American Academy of Otolaryngology, acute sinusitis
affects around 1 in 8 adults every year. The disease can be diagnosed by
allergy testing, MRI/CT scans, or nasal endoscopy, and is treated with saline
nasal sprays, allergy shots, decongestants, antibiotics, etc.
The
growing prevalence and increasing medical burden of acute sinusitis is likely
to be the major driving factor for the global acute
sinusitis market over the forecast period. While
acute sinusitis is not a life-threatening condition, its short-term effects can
be highly unpleasant and painful for the sufferer, as various cavities around
the mouth and nose may be affected by the disease, causing widespread pain. As
a result, there has been a significant rush to develop effective measures to be
taken against acute sinusitis, such as nasal sprays, decongestants, and pain
relievers. This is likely to be a major driver for the global acute sinusitis
market over the forecast period, as this area of medical product development
has garnered strong prospects over the last few years and has thus become
immensely profitable, leading to growing involvement from major players in the
global healthcare sector.
Segmentation:
The
global acute sinusitis treatment is segmented on the basis of diagnosis, end
user, and region.
On the
basis of diagnosis, the acute sinusitis market is segmented into nasal
endoscopy, imaging tests, laboratory tests, and allergy testing. Imaging tests
are further segmented into CT and MRI.
On the
basis of treatment, the acute sinusitis market is segmented into saline nasal
spray, nasal corticosteroids, decongestants, OTC pain relievers, allergy shots,
antibiotics, and others.
On the
basis of end user, the market is segmented into hospitals and clinics, research
centers, and others. Hospitals hold the leading share in the global acute
sinusitis market and are likely to remain the dominant end user in the global
market over the forecast period.
Regional Analysis:
The
global acute sinusitis market is segmented into the Americas, Europe, Asia
Pacific, and the Middle East and Africa. The Americas segment holds the major
share in the global acute sinusitis market and is likely to remain the dominant
contributor to the global market over the forecast period due to the growing
awareness about acute sinusitis and the increasing availability of acute
sinusitis treatments in the region. The growing awareness about the possible
complications of allergies in the Americas region is also likely to be a major
driver for the acute sinusitis market in the region over the forecast period.
Europe
also holds a considerable share in the global acute sinusitis market and is
likely to grow at a stable rate over the forecast period due to the increasing
awareness about the disease and the increasing ease of procuring effective
medication such as nasal sprays and decongestants. The widespread availability
of OTC pain relief medication, decongestants, and nasal sprays in Europe is
likely to be the key driver for the acute sinusitis market in the region over
the forecast period.
Competitive Analysis:
The
global acute
sinusitis market players include Sanofi, Bayer AG,
Bristol-Myers Squibb, AstraZeneca plc, Novartis AG, Reddy’s Lab, Merck &
Co. Inc., Eli Lilly and Company, and Abbott.
Industry Updates:
A
report published in February 2019 found that excessively long prescriptions for
antibiotics for relatively minor diseases such as acute sinusitis may be
causing mass-scale antibiotic resistance among pathogens. The use of nasal
sprays, decongestants, and other physical means of mitigating the problem is
likely to grow in the acute sinusitis market over the forecast period as a
result.
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