Uploaded on Jul 22, 2021
Allergy is a common medical condition among a large share of global population. It is one of the chronic health conditions that may result in severe consequences. The allergies are hypersensitive responses from the human immune system to the substance that are foreign to the body. Dust mite, animal dander, cockroach, pollens, mold, food substances, and metal and element particles are among the common allergens.
Allergy Treatment Market PPT
Allergy Treatment Market Allergy Treatment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Allergy Type (Eye Allergy, Rhinitis, Asthma, Skin Allergy, Food Allergies, and Other Allergies); Treatment (Anti-Allergy Drugs, and Immunotherapy), and Geography Allergy Treatment Market Current and future Market Scenario According to The Insight Partners market research study titled “Allergy Treatment Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Allergy Type and Treatment,” the market is expected to reach US$ 35,812.33 million by 2028 from US$ 21,160.92 million in 2020. The market is estimated to grow with a CAGR of 6.9% om 2021 to 2028. The report highlights the trends prevailing in the global allergy treatment market, along with market drivers and deterrents. The allergy treatment market is segmented on the basis of allergy type, treatment, and geography. In 2020, the rhinitis segment held the largest share in the market. This segment is also expected to dominate the market in 2028. The market growth is mainly attributed to the growing prevalence of rhinitis worldwide, which is likely to continue in the coming years due to constant climatic and environmental changes, thereby boosting the demand for decongestants, antihistamines, and topical/oral steroids worldwide. Key Findings global allergy treatment market is segmented into anti-allergy drugs and immunotherapy. The anti-allergy drugs segment held a larger market share in 2020, and it is further expected to dominate the market by 2028. These drugs are available in forms such as tablets, nasal sprays, inhalers, liquid, ointments, injections, and eyedrops. Factors such as the increasing adoption of immunotherapy in the treatment of allergies is fueling the allergy treatment market growth. In addition, growth in the global healthcare market is likely to have a positive impact on the growth of the market in the coming years. Market Insights Increasing Prevalence of Rhinitis Allergy is a common medical condition among a large share of global population. It is one of the chronic health conditions that may result in severe consequences. Immunotherapy is offered in two different types—allergy shots and sublingual immunotherapy (SLIT). Allergy shots are the extracts of allergens that are administered with increasing dosage. According to a study published in Annals of Allergy, Asthma and Immunology Journal in February 2016, ~70% of allergy patients do not need medications for their allergic reactions. The study also stated that immunotherapy is effective among children as well as elderly population. Allergy Treatment Market Market Segments By Allergy Type (Eye Allergy, Treatment (Anti-Allergy Drugs, Rhinitis, Asthma, Skin Allergy, and Immunotherapy), and Food Allergies, and Other Geography Allergies) Allergy Treatment Market Dominating Segments Allergy is a common medical condition among a large share of global population. It is one of the chronic health conditions that may result in severe consequences. Food allergies are ubiquitous in North America and Europe. The majority of people are allergic to garlic, wheat, peanuts, milk, fish, etc. Thus, telehealth can be central in delivering allergy/immunology services within a risk-stratified context of the SARS-CoV-2 pandemic which is anticipated to have a positive impact on the other segments of the market in the coming months. However, disruptions in the supply chain caused due to the halt in global operations are hindering the market growth. According to a study published in Annals of Allergy, Asthma and Immunology Journal in February 2016, ~70% of allergy patients do not need medications for their allergic reactions. Thus, the increasing adoption of immunotherapy in the treatment of allergies is fueling the allergy treatment market growth. Dominating Segments Product Insights Type Insights the rhinitis segment held the largest share of the market; it is also expected to be a leading shareholder in the market by 2028. The growing prevalence of rhinitis worldwide, Boosting the demand for decongestants, antihistamines, and topical/oral steroids worldwide. rhinitis is a common chronic respiratory illness. Allergic rhinitis is caused by allergies to substances called allergens. Plasma is the liquid part of blood. Growing prevalence of rhinitis worldwide, which is likely to continue in the coming years due to constant climatic and environmental changes. Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00004584/?source=others-10389 Dominating Segments The report segments the global allergy treatment market as follows: Allergy Treatment Market – by Allergy Type Eye Allergy Rhinitis Asthma Skin Allergy Food Allergies Other Allergies Dominating Segments Allergy Treatment Market – by Treatment Anti-Allergy Drugs Antihistamines Corticosteroids Decongestants Other Drugs Immunotherapy Sub-cutaneous Immunotherapy (SCIT) Sub-Lingual Immunotherapy (SLIT) Allergy Treatment Market Leading Players Company Profiles in Hemophilia Treatment Market are: •Johnson and Johnson Services, Inc. •Sanofi •AbbVie Inc. (Allergan plc) •Pfizer Inc. •LETIPharma •ALK-Abelló A/S •Allergy Therapeutics •Stallergenes Greer •GlaxoSmithKline plc •Dermapharm Holding REGIONAL FRAMEWORK REGIONAL FRAMEWORK Allergy Treatment Market H Aellmergoyp Thrieliaat mTerneta Mtmarekentt Market Access Full Research Report at: https://www.theinsightpartners.com/reports/allergy-treatment-market?source=others-10389 Thank You! Thank You!
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