Global Allergy Immunotherapy Market to Grow by a CAGR of ~8.7% during 2022 – 2030

The global allergy immunotherapy market is estimated to grow at a CAGR of ~8.7% over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of allergy type into allergic rhinitis, asthma, allergic conjunctivitis, and others, out of which, the allergic rhinitis segment is estimated to gain the largest market share over the forecast period, owing to the high prevalence of allergic rhinitis in children globally. Moreover, the rapidly increasing awareness for treatment as allergic rhinitis acts as a precursor for other diseases like attention deficit hyperactivity disorder (ADHD), which is estimated to boost the market growth.

The global allergy immunotherapy market is anticipated to grow on the back of increasing occurrence of allergic diseases, backed by the increasing pollution levels, and poor dietary habits. Food allergy, dust allergy, and pollen allergy are the most common kind of allergies, prevalent across the world. According to a report by the U.S. National Library of Medicine, 10% of the population in western countries, is challenge-diagnosed with food allergies. Moreover, the growing demand for the development of efficient immunotherapy procedure is projected to fuel the market growth.


On the basis of geographical analysis, the global allergy immunotherapy market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the growing prevalence of allergic conditions in the region. According to the World Allergy Organization, allergic rhinitis affects 10-30% of the general adult population and about 40% of children in the US. Moreover, presence of major pharmaceutical companies in the region, is projected to boost the regional market growth.


The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.


Increasing Cases of Allergies to Boost the Market Growth


Various factors, such as, rising dust and pollution levels, and poor lifestyle, are causing surge in prevalence of allergies, globally. Allergies can lead to various serious health threats, including asthma, which can be deadly. According to the World Health Organization statistics, asthma affected about 262 million individuals in 2019 worldwide and resulted in 461,000 deaths. Such factors are anticipated to propel the market growth.


However, limitations associated with applicability of allergy immunotherapy are expected to operate as key restraint to the growth of global allergy immunotherapy market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global allergy immunotherapy market which includes company profiling of Allergopharma GmbH, Stallergenes Greer Ltd., HAL Allergy B.V., HollisterStier Allergy (Jubilant Pharma), Torii Pharmaceutical Co.,Ltd, ALK Abelló A/S, Allergy Therapeutics, Allovate, LLC, and Circassia Group PLC. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.


On the whole, the report depicts detailed overview of the global allergy immunotherapy market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     


Enquire Before Purchasing This Report https://www.researchnester.com/sample-request-3769


Comments

Post a Comment

Popular posts from this blog

Global Artificial Intelligence in Agriculture Market Will Grow Rapidly Over Forecast By 2030

Image
The global artificial intelligence in agriculture market is estimated to occupy a sizeable revenue by growing at a robust CAGR during the forecast period, i.e., 2022 – 2030, owing to the escalating growing use of smart sensors in agricultural fields, and high demand for agricultural produce globally. The World Bank stated that in 2018 agriculture accounted for 4 percent of the global gross domestic product. In some developing countries it was also calculated to account for more than 25 percent of the GDP share .  Apart from these, government initiatives regarding research and development of sophisticated diagnostic techniques and growing inclusion of rubella vaccination in national health programs of various countries are also expected to drive market growth in the coming years. The global artificial intelligence in agriculture market is segmented by technology, deployment, offering and application. Based on technology, the machine learning segment is anticipated to grab the largest
Read more

Global Building Automation Systems Market To Be Driven By The Growing Awareness

Image
The   global building automation systems market   is estimated to occupy a large amount of revenue by recording a CAGR of ~11% during the forecast period, i.e., 2022 – 2030, owing to the growing need for proper energy management across the globe, and increasing emphasis on overcoming utility costs.  Apart from these, rising technological developments in wireless connectivity networks, and surge in the number of government and private projects regarding building automation are also expected to drive market growth in the upcoming years. The market is segmented by component, offering and application. Based on offering, the security and access controls segment is predicted to gather the largest share during the forecast period on the back of their ability to increase security level, monitor activities, and keep a record of people entering and exiting buildings. Additionally, by application, the industrial segment is projected to observe the highest growth over the forecast period ascribing
Read more

Global No.2 Diesel Fuel Market 2021 Research Report with COVID-19 Impact, by Future Trend, Growth rate and Industry Analysis to 2030

  The   global no.2 diesel fuel market   is estimated to occupy a large amount of revenue by recording a robust CAGR during the forecast period, i.e., 2022 – 2030, owing to the growing awareness associated with the use of high-performance fuels, and increasing per capita spending around the world.  Apart from these, growing number of vehicles on the road, and notable expansion of transportation industry, especially in developing and developed countries, are another crucial factors expected to accelerate market growth in the forthcoming years.   The International Organization of Motor Vehicle Manufacturers states that 91.786 million automobiles were produced in 2019. Out of these, around 67.149 million units belonged to cars and the remaining 24.637 million units were of commercial vehicles. The market is segmented by sulfur content and application. Based on sulfur content, the ultra-low sulfur diesel fuel segment is anticipated to observe noteworthy growth rate during the forecast peri
Read more