Allergy Treatment Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC217

Heightened sensitivity of the immune system in the body is an allergy. Allergy generally occurs when any harmless foreign substances reacts with the immune system of the body. These harmless foreign substances are known as allergens. Various types of allergens that normally affect the immune system include dust mite, cockroach, animal dander, mold and pollens. As per the World Allergy Organization, approximately 30% to 40% population across the globe was affected by allergic conditions in 2011. Severe allergy such as allergic asthma can reduce the working function of an organ and can be life threatening problem in case of some patients. The rising problem of allergy across the globe is anticipated to create a better opportunity for the allergy treatment market during the forecast period.
 
For the purpose of in-depth research, the global allergy treatment market can be categorized on the basis of allergy type, treatment type, end user and geography. Various types of allergy problems include eye allergy, rhinitis, asthma and skin allergy among others. On the basis of treatment type, the market can be categorized into anti-allergy medicine and immunotherapy. The anti-allergy medicine can be further bifurcated into antihistamines, corticosteroids, decongestants, mast cell stabilizers and others. The others segment include leukotriene, calcineurin, cromoglicate and anti-lgE. Different categories of allergy treatment methods are used across various end user segments such as hospitals, clinics, medical store, home and others. Based on different geographies, the market is classified into Asia-Pacific, North America, Europe, Middle-East and Africa (MEA) and Latin America. 
 
Globally, increasing number of population suffering from various types of allergies is the prime aspect forecasted to enhance the demand for various allergy treatment processes during the forecast period. Moreover, increasing environmental pollution is attributing to the growth of allergy problems across various regions. This, in turn, is anticipated to accelerate the growth of allergy treatment process in the coming years. In addition, change in food habits, increasing demand for advanced allergy treatment therapy and rising investment in research and development activities to introduce advance treatment into the market are some of the major factors expected to drive the market for allergy treatment at an exponential rate in the coming years. On the other hand, huge cost required in immunotherapy for treatment of allergy along with various side effects associated with immunotherapy and anti-allergy medicine are some of the major factors anticipated to deter the growth of allergy treatment market during the forecast period. 
 
Geographically, Europe held the largest market share in terms of revenue in respect of allergy treatment market. Rising number of patients affected with different type of allergies such as respiratory allergy, eye allergy and skin allergy among others coupled with rapid development of healthcare infrastructure along with increasing demand for immunotherapy are the primary factors responsible behind this region’s dominance. The allergy treatment market of Europe is followed by North America. However, Asia-Pacific region is expected to emerge as a promising market in coming years owing to rising awareness towards technologically advanced immunotherapy treatment in line up with rising disposable income and increasing health consciousness among the consumers. Furthermore, increasing investment from governments for rapid development of health care sector in this region is also predicted to drive the market for allergy treatment in Asia-Pacific.
 
Increasing alliances among the key players operating in the allergy treatment market is another major factor augmenting the growth of allergy treatment market across the globe. Allergy Therapeutics, a leading pharmaceutical company in the U.K, acquired a Spanish company named Alerpharma S.A. in 2015 in order to expand their immunotherapy product portfolio. In the same year, Pfizer Inc. and Allergan plc merged for expanding their market share in the drug industry. Some of the key players operating in the allergy treatment market include, Allergy Therapeutics, Alerpharma S.A, Genentech Inc., Allergopharma GmbH & Co. KG and McNeil Consumer Healthcare among others.


Related Reports

Medical Nonwoven Disposables Market (By Product: Incontinence Hygiene Products, Surgical Non-woven Products; By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Platform) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global medical nonwoven disposables market is forecasted to grow at a CAGR of 6.6% over the forecast time frame and reach around US$ 26.1 billion by 2026. The report provides analysis of global medical non-woven disposables market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Nonwovens are a unique category of textile product enginee

Plastic Surgery Instruments Market (By Type: Handheld Surgical Instruments, Electrosurgical Instruments; By Procedure: Face and Head Procedures, Breast Procedures, Body and Extremities Procedures, Reconstruction Surgeries) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global plastic surgery instruments market size is anticipated to reach around US$ 1.7 billion by 2026 and expected to grow at a CAGR of 8.5% from period 2019 to 2026. Plastic surgery involves the restoration, replacement, alteration and rehabilitation of body regions, such as the head, skin, musculoskeletal, breast and others. The two main kinds of plastic surgery are cosmetic and reconstructive. Cosmetic o

Upper Limb Prosthetics Market (By Component: Prosthetic Arm, Prosthetic Wrist, Prosthetic Shoulder, Prosthetic Elbow, Terminal Devices; By Product: Body Powered Prosthetic Devices, Passive Prosthetic Devices, Hybrid Prosthetic Devices, Myoelectric Prosthetic Devices; By Cause: Vascular Disease and Diabetes, Trauma, Cancer; By End Use: Ambulatory Surgical Centers, Hospitals, Prosthetic Clinics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global upper limb prosthetics market size is expected to worth US$ 1.9 billion by 2026 and poised to grow at a CAGR around 10.5 % from period 2019 to 2026. The prothetics of the upper limbs have gone a long way from their ancient origins to advanced and advanced protheses of today's moments.  Today, the highest prothesis implants consist of aluminum, plastics and sophisticated composite components. The

MRI-Guided Neurosurgical Ablation Market (By Product: Accessories, MRI-guided Laser Ablation Systems, MRI-guided Focused Ultrasound Systems, MRI-guided Radiofrequency Ablation Systems; By End-use: Clinics, Ambulatory Surgical Centers, Hospitals) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global MRI-guided neurosurgical ablation market is forecasted to grow at a CAGR around 4.3% from period 2019 to 2026 and reach around US$ 5.4 billion by 2026. The report provides analysis of global MRI-guided Neurosurgical Ablation market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights An gr

Self-Monitoring Blood Glucose Devices Market (By Product: Continuous Glucose Monitors, Lancets, Self-monitoring Blood Glucose Meters, Testing Strips; By Application: Type 2 Diabetes, Type 1 Diabetes, Gestational Diabetes; By End-Use: Home Usage, Hospitals, Diagnostic Clinics & Centers) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction According to Acumen Research and Consulting, The global self-monitoring blood glucose devices market size is expected to reach US$ 19 billion by 2026 and market is growing at a CAGR of 5 % from 2019 to 2026. Diabetes is a clinical disorder in which the blood glucose level rises owing to the pancreas ' incapacity to generate insulin. Monitoring glucose is one of the most important measures in the leadership of diabetes

Ovarian Cancer Diagnostics Market (By Diagnosis Type: Imaging, Biopsy, Blood Test, Others; By Cancer Type: Germ Cell Tumor, Stromal Cell Tumor, Epithelial Tumor, Others; By End-Use: Cancer Diagnostic Centers, Hospital Laboratories, Research Institutes, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction  According to Acumen Research and Consulting, the global ovarian cancer diagnostics market is forecasted to grow at striking CAGR around 5.9 % over the forecast time frame and reach around US$ 1.8 billion by 2026. One of the most prevalent kinds of cancer in females is ovarian cancer. It is a cancer which begins in the ovaries. Ovary is a woman reproductive organ that contains eggs or ova. There are two ovaries i

Cart Summary