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Global Allergy Treatment Market: By Type: Eye Allergy, Rhinitis, Asthma, Skin Allergy, Food Allergies, Others; By Treatment: Anti-Allergy Drugs, Immunotherapy; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Allergy Treatment Market Outlook

The global allergy treatment market stood at a value of around USD 17.9 billion in 2020. The market is further expected to grow at a CAGR of 6.5% in the forecast period of 2021-2026 to attain USD 26.12 billion by 2026.

 

Rising Cases of Asthma and the Growing Risk of Allergies to Bolster the Growth of the Allergy Treatment Industry

The increasing demand for medical treatments to control asthma is anticipated to aid the market growth in the forecast period. The growing prevalence of asthma among children, geriatrics, and adults owing to the rising pollution levels is contributing to the demand for anti-allergy drugs and immunotherapy. Reckless attitude towards asthma or a lack of knowledge about allergy can lead to airway remodelling, which is a brutal condition. The increasing awareness about the various treatment options available to treat these conditions is likely to bolster the growth of the global allergy treatment industry.

 

Global Allergy Treatment Market

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North America Accounts for a Significant Share in the Market

The growing concerns about the need to counter allergies owing to the rising geriatric population are likely to be a major factor driving the allergy treatment industry growth in the region. In addition, the increasing healthcare expenditure and the development of clinics and hospitals in the region are significantly contributing to the market expansion. Furthermore, the market is expected to be aided by the availability of skilled medical professionals who specialise in asthma and eye allergy treatments in countries like the United States and Canada.

 

Allergy Treatment: Industry Definition and Segmentation

Allergy treatment is defined as the process of treating an allergy using medicines or allergy shots, or by assisting an individual to avoid a particular substance to prevent further reactions. Allergy treatment may include options like antihistamines and avoiding allergens.

Based on type, the market is segmented into:

  • Eye Allergy
  • Rhinitis
  • Asthma
  • Skin Allergy
  • Food Allergies
  • Others

On the basis of treatment, the market is divided into:

  • Anti-Allergy Drugs
  • Immunotherapy

Among these, while the anti-allergy drugs segment is further divided into antihistamines, corticosteroids, decongestants, and other drugs, the immunotherapy segment is further categorised into sub-cutaneous immunotherapy (SCIT) and sub-lingual immunotherapy (SLIT) based on type.

The regional markets for allergy treatment include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Immunotherapy and Anti-Allergy Drugs to Boost the Growth of the Allergy Treatment Industry

The global allergy treatment industry is driven by the growing popularity of various anti-allergy drugs such as antihistamines, which are extremely beneficial for treating patients suffering from allergic reactions to pollen or other allergens. Antihistamines are also used to treat other conditions such as stomach problems, cold, and anxiety, among others. Furthermore, the market is anticipated to be augmented by the rising demand for immunotherapy owing to the fact that this type of treatment is ideal for long-term. The demand for immunotherapy is likely to be propelled by the surging cases of allergy rhinitis, allergic asthma, conjunctivitis, and stinging insect allergy, among others.

 

Key Industry Players in the Global Allergy Treatment Market

The report gives a detailed analysis of the following key players in the global allergy treatment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • AbbVie Inc.
  • GlaxoSmithKline PLC
  • F. Hoffmann-La Roche Ltd.
  • Johnson & Johnson Services, Inc.
  • Sanofi S.A.
  • LETI Pharma, S.L.U.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Treatment, Region
Breakup by Type Eye Allergy, Rhinitis, Asthma, Skin Allergy, Food Allergies, Others 
Breakup by Treatment Anti-Allergy Drugs, Immunotherapy
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AbbVie Inc., GlaxoSmithKline PLC, F. Hoffmann-La Roche Ltd., Johnson & Johnson Services, Inc., Sanofi S.A., LETI Pharma, S.L.U., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Allergy Treatment Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Allergy Treatment Historical Market (2016-2020) 
    8.3    Global Allergy Treatment Market Forecast (2021-2026)
    8.4    Global Allergy Treatment Market by Type
        8.4.1    Eye Allergy
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Rhinitis
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Asthma
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Skin Allergy
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Food Allergies
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Others 
    8.5    Global Allergy Treatment Market by Treatment
        8.5.1    Anti-Allergy Drugs
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
            8.5.1.4    Breakup by Type
                8.5.1.4.1    Antihistamines 
                8.5.1.4.2    Corticosteroids 
                8.5.1.4.3    Decongestants
                8.5.1.4.4    Other Drugs 
        8.5.2    Immunotherapy
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
            8.5.2.4    Breakup by Type
                8.5.2.4.1    Sub-Cutaneous Immunotherapy (SCIT)
                8.5.2.4.2    Sub-Lingual Immunotherapy (SLIT)
    8.6    Global Allergy Treatment Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    AbbVie Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    GlaxoSmithKline PLC
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    F. Hoffmann-La Roche Ltd.
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Johnson & Johnson Services, Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Sanofi S.A.
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    LETI Pharma, S.L.U.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Industry Events and Developments

 

List of Figures and Tables

1.    Global Allergy Treatment Market: Key Industry Highlights, 2016 and 2026
2.    Global Allergy Treatment Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Allergy Treatment Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Allergy Treatment Historical Market: Breakup by Treatment (USD Billion), 2016-2020
5.    Global Allergy Treatment Market Forecast: Breakup by Treatment (USD Billion), 2021-2026
6.    Global Allergy Treatment Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Allergy Treatment Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Global Allergy Treatment Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Global Allergy Treatment Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Global Allergy Treatment Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Global Allergy Treatment Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Global Allergy Treatment Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Global Allergy Treatment Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Global Allergy Treatment Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Global Allergy Treatment Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Global Allergy Treatment Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Global Allergy Treatment Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Allergy Treatment Market Structure

Key Questions Answered in the Report

In 2020, the global allergy treatment market attained a value of nearly USD 17.9 billion.

The market is estimated to grow at a CAGR of 6.5% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 26.12 billion by 2026.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major drivers of the industry, such as the rising cases of allergy rhinitis, allergic asthma, conjunctivitis, and stinging insect allergy, among others, growing demand for immunology and anti-allergy drugs, the rising healthcare expenditure in emerging economies, and the growing awareness about the fatality of allergies, among others, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the growing investments in R&D activities in the field of medicine, along with the technological advancements in the healthcare infrastructure in emerging economies.

Eye allergy, rhinitis, asthma, skin allergy, and food allergies, among others are the major allergy treatment types.

Anti-allergy drugs and immunotherapy are the different kinds of treatments considered within the market report.

The major players in the industry are AbbVie Inc., GlaxoSmithKline PLC, F. Hoffmann-La Roche Ltd., Johnson & Johnson Services, Inc., Sanofi S.A., and LETI Pharma, S.L.U., among others.

Analyst Review

The global allergy treatment market attained a value of 17.9 billion in 2020, driven by the growing popularity of immunotherapy. Aided by the growing R&D activities towards the development of anti-allergy drugs, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6.5%. The market is projected to reach USD 26.12 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of type, the market is divided into eye allergy, rhinitis, asthma, skin allergy, and food allergies, among others. Based on treatment, the market is divided into anti-allergy drugs and immunotherapy. The major regional markets for allergy treatment are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AbbVie Inc., GlaxoSmithKline PLC, F. Hoffmann-La Roche Ltd., Johnson & Johnson Services, Inc., Sanofi S.A., and LETI Pharma, S.L.U., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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