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.
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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
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