Throat Sprays Market Trends

  • Report ID: 4385
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Throat Sprays Market Trends

Growth Drivers

  • Rising Level of Air Pollution - Chemicals or other contaminants that are harmful to plants, animals, and people collectively constitute air pollution. A significant proportion of air pollution is caused by humans, in the context of emissions from factories, planes, cars, or aerosol cans. Air pollution is most prevalent in large cities, where emissions from numerous sources are coupled. The rising level of air pollution results in several health and respiratory problems which is expected to propel the throat sprays market in the forecasted period. As per the World Health Organization, nearly all of the world's population (99%) breathes air that is unhealthy and surpasses WHO air quality guidelines. In addition, 17% of higher-income nations experience nitrogen dioxide issues.

  • Rise in Prevalence of Strep Throat Problem – As per a report, every year, approximately 610 million people worldwide contract strep throat, with many of them being children.

  • Upsurge in Rhinitis – Each year, the occurrence of rhinitis ranged from 2% to 64% worldwide.

  • Spike in Upper Respiratory Infections – For instance, in the global burden of diseases 2019 study, incident cases of upper respiratory infections (URIs) reached nearly 17 billion in 2019, accounting for 41% of all cases.

  • Increasing Geriatric Population - As per the World Health Organization (WHO), the global population of people over the age of 60 is expected to reach 1.4 billion by 2030.

Challenges

  • Overdosing of Throat Sprays – patients with a history of breathing disorders may be particularly at risk when treated with the throat sprays/benzocaine sprays. It is necessary to carefully examine for signs of methemoglobinemia in patients before prescribing benzocaine sprays.
  • Availability of Alternatives
  • Competition Among Manufacturers

Throat Sprays Market: Key Insights

Base Year

2023

Forecast Year

2023-2036

CAGR

3.8%

Base Year Market Size (2023)

USD 492.01 Million

Forecast Year Market Size (2036)

USD 798.99 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4385
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of throat sprays is assessed at USD 508.84 Million.

The throat sprays market size was over USD 492.01 Million in 2023 and is likely to reach USD 798.99 Million by the end of 2036, growing at around 3.8% CAGR during the forecast period i.e., between 2024-2036. Rising level of air pollution, rise in prevalence of strep throat problem, upsurge in rhinitis, and spike in upper respiratory infections are some major factors driving the growth of the market.

North America is expected to account for largest industry share by 2036, backed by presence of various major throat sprays manufacturers, a huge number of public awareness campaigns aimed at reducing infectious diseases, and growing population of elderly people in the region.

Reckitt Benckiser Group PLC, Procter & Gamble Company, Prestige Consumer Healthcare Inc., Purdue Pharma L.P., Marinomed Biotech AG, Biocidin Botanicals, Melcare Biomedical Pty Ltd, Ursatec GmbH, Puressentiel UK Ltd
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