Key Trends And Developments In The Nasal Spray Franchise Market

Key Trends And Developments In The Nasal Spray Franchise Market - Thinking about investing in a nasal spray franchise company in India? Right now, there is a huge demand for the nasal spray range in India due to the high rise in asthma, COPD, and allergy cases. However, we are coving all the information regarding key trends and developments in the nasal spray franchise market.

After the Pandemic, there is a new wave of demand for nasal sprays in India due to the fact that these are easy to use and quite an effective ways to deliver medicines. Apart from it, nasal spray has very therapeutic uses including Parkinson’s disease, Hormone Replacement Theory, Migraine, Nausea, Osteoporosis, and Alzheimer’s disease. 

What are the Different Kinds of Nasal Sprays?

Nasal sprays are highly popular for treating pulmonary disease worldwide. There are different types of nasal sprays product available in the market that has different functions.

• Saline Nasal Spray - Saline nasal spray is used to treat allergic rhinitis and nasal congestion. It is widely used for treating allergies due to dust and pollen.
• Corticosteroids Nasal Spray - It is widely used for treating nasal congestion, allergic rhinitis, sinusitis, hay fever, runny nose, etc. 
• Antihistamines Nasal Spray - It blocks the histamine and helps in reducing inflammation. 
• Topical Decongestants - An OTC product that is used for treating inflammation in the nasal cavity but it causes a rebound effect. 
• Allergy Combinations - A combination of two different nasal sprays for treating allergies. 

What is the Global Market of Nasal Spray Products?

The global market of nasal spray is valued at over $17 billion and is rising with a CAGR rate of 6.2% for the next ten years. These nasal sprays are widely used for treating nasal congestion and can be easily purchased over the counter. Coming to the nasal market in India is valued at over USD 550 million and it will rise to the value of USD 2000 million in the next ten years. Also, there are different kinds of nasal sprays available in the market including antihistamine sprays, nasal steroid sprays, anticholinergic sprays, nasal decongestant sprays, and many more. Moreover, there are some key factors behind this surge in demand for nasal sprays not only in India but globally- 

1. There is an increasing case of allergies and infectious diseases. 
2. Nasal sprays offered effective drug delivery and are simple to use. 
3. Increasing cases of asthma and COPD cases in India and other countries. 
4. Increasing air pollution and smoking among the population. 
5. Increasing healthcare investment. 

Key Trends And Developments In The Nasal Spray Franchise Market 

As it is quite visible that the pharmaceutical industry is growing rapidly and PCD pharma franchise is one of the popular strategies. However, coming to respiratory illnesses in India, there is a huge population that already suffering from one or the other chronic pulmonary illnesses. And a large population of big cities like Delhi, Mumbai, Bangalore, and so on are on the verge of a respiratory illness crisis. So, there will be a great demand for nasal sprays in these cities. Now, here is the list of key trends and developments in the nasal spray franchise market of India - 

1. The Indian pharma industry is booming and expected to reach a value of over USD 250 Billion. 
2. 100% FDI investment and new technological advancement are pushing pharma manufacturing to the next level. 
3. Consumer income is increasing so does spending power. This leads to more money spent on healthcare facilities. 
4. There is a huge demand for respiratory illness products as more cases are reported annually for asthma and COPD in India. 
5. Investment in the rural healthcare sector is opening new business opportunities for interested candidates.

Leading Nasal Spray Franchise Company In India - Nutra Respiro

Nutra Respiro is one of the leading respiratory product PCD franchise companies in India. We have ISO-certified respiratory product illnesses including nasal sprays, inhalers, repsules, and an anti-allergic product range. Also, all the PCD franchises will be provided exclusive monopoly rights along with free-of-cost promotional tools such as banners, MR bags, pens, notepads, etc. at a very minimal investment. Here is the list of nasal sprays in India - 

1. Xylometazoline Hydrochloride Nasal Solution IP 0.1% 
2. Fluticasone Furoate Nasal Spray
3. Azelastine Hydrochloride and Fluticasone Furoate Nasal Spray 
4. Sodium Chloride 0.65 w v Saline Nasal Spray 
5. Mometasone Nasal Spray
6. Oxymetazoline Hydrochloride Nasal Solution 0.25 mg 

So, invest in the best nasal spray business opportunities in India!

Final Takeaway 

At last, we hope you find all the information regarding key trends and developments in the nasal spray franchise market. If you are interested in starting a nasal PCD franchise, then feel free to reach out to Nutra Respiro!

Frequently Asked Questions (FAQs)

Question - Which company is the best nasal spray pharma franchise in India?

Answer - Nutra Respiro is the best nasal spray pharma franchise in India offering an ISO-certified pharma range. 

Question - Is a drug license required for a nasal spray franchise?

Answer - Yes, a drug license is mandatory for nasal spray franchises.