According to IMARC Group’s latest report, titled “Allergic Rhinitis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2033”, the 7 major allergic rhinitis markets reached a value of US$ 3,496 Million in 2022. Looking forward, IMARC Group expects the 7MM to reach US$ 4,975.5 Million by 2033, exhibiting a growth rate (CAGR) of 3.28% during 2023-2033. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Industry Definition and Application:
Allergic rhinitis refers to a nasal inflammatory response initiated by an overactive immune system reacting to airborne allergens. This prompts the nose’s mucous membrane to discharge diverse chemicals, leading to swelling and excess mucus production. The prevalent signs include sneezing, nasal blockage, a clear runny nose, itching, and postnasal drip. It may also lead to conditions like eyelid swelling, swollen nasal turbinates, middle ear effusion, and conjunctival redness and swelling. To diagnose allergic rhinitis, a blend of medical history assessment, physical check-ups, and allergy testing is used. The former two offer insights into symptom duration, frequency, and potential associated ailments like asthma. Allergy testing may incorporate skin prick tests or blood tests to pinpoint the allergens causing the reaction. Extra examinations, like nasal endoscopy, can be executed to eliminate other potential symptom origins.
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What are the growth prospects and trends in the industry?
Allergy triggers, including dust mites, pollen, pet dander, and mold, are becoming increasingly common, fueling the allergic rhinitis market. The growing use of topical nasal corticosteroids, which reduce nasal inflammation and ease symptoms like congestion and a runny nose, is further propelling the market. Additionally, rhinomanometry’s broad acceptance for identifying blockages causing the condition is contributing to market expansion. The development of enhanced drug delivery methods like nasal sprays and inhalers is making treatment more effective and convenient, driving the market growth. The adoption of the basophil activation test in diagnosing allergies, which eliminates the need for in-vivo procedures, is positively impacting the market. Furthermore, the emerging popularity of sublingual allergen immunotherapy, which offers easy self-administration and minimizes systemic reaction risks, is anticipated to boost the allergic rhinitis market.
• United States
• United Kingdom
Analysis Covered Across Each Country:
• Historical, current, and future epidemiology scenario
• Historical, current, and future performance of the allergic rhinitis market
• Historical, current, and future performance of various therapeutic categories in the market
• Sales of various drugs across the allergic rhinitis market
• Reimbursement scenario in the market
• In-market and pipeline drugs
This report also provides a detailed analysis of the current allergic rhinitis marketed drugs and late-stage pipeline drugs.
• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Drug Uptake and Market Performance
Late-Stage Pipeline Drugs:
• Drug overview
• Mechanism of action
• Regulatory status
• Clinical trial results
• Drug uptake and market performance
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Competitive Landscape With Key Players:
The competitive landscape of the allergic rhinitis market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2033)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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