NASAL ATOMIZER DEVICES MARKET ANALYSIS

Market News

Key Developments

Increasing availability of drug in the form of a nasal atomizer is expected to boost the market growth. For instance, Naloxone, a drug known to reverse the effects of an opioid overdose, was made available online in Louisiana, in the form of a nasal atomizer. It was made available on www.naloxoneexchange.com, a website by Script Health, a Public Benefit Corporation.

Research on use of nasal devices is expected to offer growth opportunities for market players. For instance, according to a study from the National Institute on Drug Abuse (NIDA), March 2019, improvised nasal naloxone devices commonly used by first responders and the general public deliver significantly less naloxone than regulator-approved devices.

Major companies are also focused on gaining contracts to enhance their market share. For instance, in May 2019, Kurve Technology, developer of ViaNase electronic atomizer, won the U.S. Department of Defense’s contract for testing a new formulation in combatting traumatic brain injuries.