Inhalation and Nasal Spray Generic Drugs

Inhalation and Nasal Spray Generic Drugs

Global Inhalation and Nasal Spray Generic Drugs Market to Reach $38 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Inhalation and Nasal Spray Generic Drugs estimated at US$26.6 Billion in the year 2020, is projected to reach a revised size of US$38 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Corticosteroids, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$9.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bronchodilator segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 5% CAGR

The Inhalation and Nasal Spray Generic Drugs market in the U.S. is estimated at US$7.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.7 Billion by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Antihistamines Segment to Record 4.8% CAGR

In the global Antihistamines segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2 Billion in the year 2020 will reach a projected size of US$2.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 42 Featured) -

• Acerus Pharmaceuticals
• Akorn
• Allergan PLC
• Apotex
• Astra Zenaca
• Beximco Pharmaceuticals
• Cipla Ltd.
• Hikma (Roxane)
• Mylan N.V.
• Nephron Pharmaceuticals Corporation
• Nippon Shinyaku Co., Ltd.
• Ranbaxy Laboratories Ltd.
• Roxane Laboratories, Inc.
• Sandoz (Novartis AG)
• Sun Pharma (Ranbaxy)
• Teva Pharmaceutical
• XIANJU Pharma

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