The Global Allergy Treatment Market was valued at $24.65 billion in 2017 and is expected to reach $40.36 billion by 2025, registering a CAGR of 6.3% from 2018 to 2025. This report provides an in-depth analysis of the changes The market includes drivers and restraints, key winning strategies, market size and forecast, competitive landscape and key sectors.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
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Key Findings of the Study –
- Based on type, the rhinitis and asthma segments dominated the global allergy treatment market in 2017 and are expected to maintain this trend during the forecast period.
- Based on treatment, the immunotherapy segment is expected to register the highest CAGR of 8.5% from 2018 to 2025.
- U.S. generated the highest revenue in the global allergy treatment market in 2017, accounting for more than half of the market in North America.
The intranasal sprays segment is expected to register the fastest CAGR of 7.0% during the study period, as intranasal sprays offer a more promising way to treat various allergic conditions. However, the oral medicine sector has the largest share of the market in 2017, contributing about 40% of the total revenue, as oral medicine offers the convenience of self-administration, compactness and ease of manufacture. Other dosage forms discussed in this article include inhalers.
The global allergy treatment market report includes multiple distribution channels such as hospitals, pharmacies, and online pharmacies. In 2017, the retail sector accounted for about half of the total market and is expected to maintain its dominance throughout the market. In addition, the hospital pharmacies segment would witness gradual growth in the region.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
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North America was the largest contributor to the global market in 2017, with increased investment in the health of manufacturers, increased R&D funding for the development of treatments for allergies and an increase in -increased incidence of food allergies. Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to the increase in the prevalence of asthma due to the increase in pollution, increasing internet penetration and awareness of the disease.
Key Market Players –
Major key players that operate in the industry are Merck KGaA (Allergopharma), GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd. (Genentech Inc.), Johnson & Johnson, Allergy Therapeutics plc, AALK-Abello A, Sanofi SA, Stallergenes Greer plc, Allergan Plc., Merck & Co. Inc.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
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Frequently Asked Questions?
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