Allergic Rhinitis Treatment Market Synopsis
Allergic Rhinitis Treatment Market Size Was Valued at USD 14.78 Billion in 2023, and is Projected to Reach USD 20.68 Billion by 2032, Growing at a CAGR of 3.45% From 2024-2032.
The Allergic Rhinitis Treatment Market is dedicated to the drugs and treatments, which help to relieve the symptoms of allergic rhinitis – a chronic disease, caused by inflammation of the nasal mucosa in response to allergens, such as pollen, dust, or pet dander. The medications available in this market include histamine receptor antagonists, bronchodilators, corticosteroids, immunotherapies, and nasal sprays, for both S-SAR and P-SAR. This market has a big impact towards enhancing the standard of living of millions of people globally, especially those with nasal congestions, sneezing and itching eyes at seasons when the flu arrivals.
- They are set as follows: The Allergic Rhinitis Treatment Market is growing rapidly globally due to a higher incidence rate of Allergic Rhinitis across the regions particularly among the urban populace due to increasing air pollution. Seasonal allergic rhinitis which is also referred to as hay fever develops in both kids and adults and varies from mildly to severely; its symptoms interfere mostly with the daily functioning and the quality of life of sufferers. As a result, the pharmaceutical industry has promoted a research and development of better treatment with easier way prepared and available for general people and for the prescription people. Such advancements have helped popularize the market since many people prefer the non-sedating antihistamines, combining therapies, and long-lasting nasal sprays to control the condition.
- By 2023 the market expands to embrace new technologies in the diagnosis of allergies and programs of individual therapy. Among all the treatment otherwise traditional and focusing on symptom palliation, immunotherapy, sublingual immunotherapy (SLIT) in particular, draws the highest attention in view of long-term therapeutic perspectives. This innovation along with an expansion in the knowledge base on allergy early management including allergic rhinitis to avoid extended adverse effects such as asthma is instrumental in propelling the market. Also, the attitude towards self-medication to buy easily available treatments at the pharmacy level is helping the overall growth of allergic rhinitis treatment market.
Allergic Rhinitis Treatment Market Trend Analysis
Rising Demand for Immunotherapy
- This is a major trend in the Allergic Rhinitis Treatment Market, as a number of products are now developing immunotherapy, which focuses on changing the response of body to the allergens and not only on the symptoms. For the same reason, immunotherapy appears to offer the opportunity to gain long-term control of the disease through gradual immunization against certain allergens. SCIT and SLIT have been adopted in many parts of the world, mainly because of the capability of creating long-term desensitization to allergens.
- Also, there has been increased emphasis in the human person treatment of the allergic rhinitis through individualised treatments. This has made it possible for patients diagnosed of various types of allergies to receive immuno-therapy treatments, suited for their allergy type, thus improving the possibilities of a successful outcome. This segment has gained interest from pharmaceutical companies in terms of research and innovation pointed towards immunotherapy, further indicating that this will be a fast-growing segment of the market. Since clinical trials are bearing positive outcomes with time, it can be anticipated that more patients will opt for such programs, which are long term individualized data driven solutions.
Expanding Consumer Access to OTC Medications
- A rapid growth of the top segment of Allergic Rhinitis Treatment Market can be associated with the global over-the-counter (OTC) segment development. Most patients opt for OTC drugs because they are easily accessible, affordable and they may manage their conditions, including mild to moderate allergies without consulting a physician. Among OTC drugs, antihistamines, decongestants, and nasal sprays are the most popular and as their availability increases in stores and internet pharmacies consumers have better possibilities to obtain it. Improved knowledge of symptoms in patients with allergic rhinitis and the growth of new markets, including the emerging economies, will foster the growth of sales for OTC products.
- Furthermore, the constant growth in online shopping has provided patients with an opportunity to order allergy medications without leaving the house. In the areas where the accessibility to healthcare centres is scarce, the mentioned increasing expansion of the online selling network is highly helpful, as people could treat their allergic rhinitis themselves regardless an immediate medical advice. This is because with the growing popularity of the online heath platforms, the e-commerce players the pharma majors are entering into strategic partnerships to reach a wider customer base thus achieving more positive elements for increased market penetration.
Allergic Rhinitis Treatment Market Segment Analysis:
Allergic Rhinitis Treatment Market Segmented on the basis of type, by treatment and route of administration.
By Type, Seasonal Allergic Rhinitis segment is expected to dominate the market during the forecast period
- Based on the type of treatment, the Seasonal Allergic Rhinitis (SAR) segment held the largest share of the Allergic Rhinitis Treatment Market in the same year because of the higher incidence of SAR in countries with clear-cut seasons. SAR also known as hay fever is caused by outdoor allergens such as tree, grass and weed pollen which are seasonal and hence patients seeking treatment high demand during certain periods of the year. As people become more urbanized and pollution levels increases across the world more people are becoming sensitized to seasonal allergic products that increase demand for antihistamines, decongestants, and nasal sprays. At the same time, increasing awareness of SAR and such consequences as a possibility to get asthma contributes to the growth of early diagnosis and treatment, and strengthens the leadership of this segment in the global market.
By Treatment, Antihistamines segment expected to held the largest share
- The Antihistamines segment is anticipated to dominate the Allergic Rhinitis Treatment Market in terms of treatment type over the forecast period. Antihistamines are well established as the drugs of choice for allergic rhinitis, as well as giving symptomatic relief for sneezing, itching, and runny nose resulting from histamine release during allergic reactions. Such drugs have remained popular because they come in both OTC and prescription formulations, and with newly developed non-sedating types that enhance patients’ compliance. Due to constant developments on products in the antihistamine segment including those that are long acting and combined formulations, this segment remains popular with a large potential customer base thereby maintaining its stranglehold in the market. Furthermore, with the rising incidence of AR worldwide, together with the availability of OTC antihistamines and their relatively low prices, they cement their dominance on the market.
Allergic Rhinitis Treatment Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- In 2023, North America is leading the Allergic Rhinitis Treatment Market in 2023, mainly due to high incidences of allergic rhinitis, well-developed healthcare sector, and early and wider implementation of novel treatment procedures. This is especially apparent in the United States which has the largest market share because of the sound market for pharmaceuticals and the rising demand for both prescription and over the counter allergy remedies. Based on the data gathered, North America is expected to remain the largest region in the market size 2023 with 40% market share attributing to the fact that it has robust healthcare infrastructure and consumers’ purchasing power towards healthcare product. This is boosted by the current trend of the region offering some of the latest therapeutic approaches like immunotherapy among other advanced care in allergy treatments by specialist allergy care physicians. Moreover, recommendable reimbursement policies and increasing perceptive of patients towards treatment headway expedite the growth of this market in this region.
Active Key Players in the Allergic Rhinitis Treatment Market
- GlaxoSmithKline (UK)
- Sanofi (France)
- Merck & Co. (USA)
- AstraZeneca (UK)
- Bayer AG (Germany)
- Johnson & Johnson (USA)
- Teva Pharmaceutical Industries (Israel)
- Novartis AG (Switzerland)
- Pfizer Inc. (USA)
- Mylan N.V. (USA)
- ALK-Abelló (Denmark)
- Staller genes Greer (France)
- Kyowa Kirin (Japan)
- Shionogi & Co. (Japan)
- Vectra Group (UK)
- Other key Players
Global Allergic Rhinitis Treatment Market Scope:
Global Allergic Rhinitis Treatment Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 14.78 Billion |
Forecast Period 2024-32 CAGR: |
3.45% |
Market Size in 2032: |
USD 20.68 Billion |
Segments Covered: |
By Type |
|
|
By Treatment |
|
||
By Route Of Administration |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Allergic Rhinitis Treatment Market by Type
4.1 Allergic Rhinitis Treatment Market Snapshot and Growth Engine
4.2 Allergic Rhinitis Treatment Market Overview
4.3 Seasonal Allergic Rhinitis
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Seasonal Allergic Rhinitis: Geographic Segmentation Analysis
4.4 Perennial Allergic Rhinitis
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Perennial Allergic Rhinitis: Geographic Segmentation Analysis
4.5 Occupational Allergic Rhinitis
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Occupational Allergic Rhinitis: Geographic Segmentation Analysis
Chapter 5: Allergic Rhinitis Treatment Market by Treatment
5.1 Allergic Rhinitis Treatment Market Snapshot and Growth Engine
5.2 Allergic Rhinitis Treatment Market Overview
5.3 Antihistamines
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Antihistamines: Geographic Segmentation Analysis
5.4 Corticosteroids
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Corticosteroids: Geographic Segmentation Analysis
5.5 Immunotherapy
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Immunotherapy: Geographic Segmentation Analysis
5.6 Decongestants
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Decongestants: Geographic Segmentation Analysis
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Geographic Segmentation Analysis
Chapter 6: Allergic Rhinitis Treatment Market by Route of Administration
6.1 Allergic Rhinitis Treatment Market Snapshot and Growth Engine
6.2 Allergic Rhinitis Treatment Market Overview
6.3 Oral
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Oral: Geographic Segmentation Analysis
6.4 Nasal
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Nasal: Geographic Segmentation Analysis
6.5 Others
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Allergic Rhinitis Treatment Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 GLAXOSMITHKLINE (UK)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 SANOFI (FRANCE)
7.4 MERCK & CO (USA)
7.5 ASTRAZENECA (UK)
7.6 BAYER AG (GERMANY)
7.7 JOHNSON & JOHNSON (USA)
7.8 TEVA PHARMACEUTICAL INDUSTRIES (ISRAEL)
7.9 NOVARTIS AG (SWITZERLAND)
7.10 PFIZER INC (USA)
7.11 MYLAN N V (USA)
7.12 ALK-ABELLÓ (DENMARK)
7.13 STALLER GENES GREER (FRANCE)
7.14 KYOWA KIRIN (JAPAN)
7.15 SHIONOGI & CO (JAPAN)
7.16 VECTRA GROUP (UK)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Allergic Rhinitis Treatment Market By Region
8.1 Overview
8.2. North America Allergic Rhinitis Treatment Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Seasonal Allergic Rhinitis
8.2.4.2 Perennial Allergic Rhinitis
8.2.4.3 Occupational Allergic Rhinitis
8.2.5 Historic and Forecasted Market Size By Treatment
8.2.5.1 Antihistamines
8.2.5.2 Corticosteroids
8.2.5.3 Immunotherapy
8.2.5.4 Decongestants
8.2.5.5 Others
8.2.6 Historic and Forecasted Market Size By Route of Administration
8.2.6.1 Oral
8.2.6.2 Nasal
8.2.6.3 Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Allergic Rhinitis Treatment Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Seasonal Allergic Rhinitis
8.3.4.2 Perennial Allergic Rhinitis
8.3.4.3 Occupational Allergic Rhinitis
8.3.5 Historic and Forecasted Market Size By Treatment
8.3.5.1 Antihistamines
8.3.5.2 Corticosteroids
8.3.5.3 Immunotherapy
8.3.5.4 Decongestants
8.3.5.5 Others
8.3.6 Historic and Forecasted Market Size By Route of Administration
8.3.6.1 Oral
8.3.6.2 Nasal
8.3.6.3 Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Allergic Rhinitis Treatment Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Seasonal Allergic Rhinitis
8.4.4.2 Perennial Allergic Rhinitis
8.4.4.3 Occupational Allergic Rhinitis
8.4.5 Historic and Forecasted Market Size By Treatment
8.4.5.1 Antihistamines
8.4.5.2 Corticosteroids
8.4.5.3 Immunotherapy
8.4.5.4 Decongestants
8.4.5.5 Others
8.4.6 Historic and Forecasted Market Size By Route of Administration
8.4.6.1 Oral
8.4.6.2 Nasal
8.4.6.3 Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Allergic Rhinitis Treatment Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Seasonal Allergic Rhinitis
8.5.4.2 Perennial Allergic Rhinitis
8.5.4.3 Occupational Allergic Rhinitis
8.5.5 Historic and Forecasted Market Size By Treatment
8.5.5.1 Antihistamines
8.5.5.2 Corticosteroids
8.5.5.3 Immunotherapy
8.5.5.4 Decongestants
8.5.5.5 Others
8.5.6 Historic and Forecasted Market Size By Route of Administration
8.5.6.1 Oral
8.5.6.2 Nasal
8.5.6.3 Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Allergic Rhinitis Treatment Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Seasonal Allergic Rhinitis
8.6.4.2 Perennial Allergic Rhinitis
8.6.4.3 Occupational Allergic Rhinitis
8.6.5 Historic and Forecasted Market Size By Treatment
8.6.5.1 Antihistamines
8.6.5.2 Corticosteroids
8.6.5.3 Immunotherapy
8.6.5.4 Decongestants
8.6.5.5 Others
8.6.6 Historic and Forecasted Market Size By Route of Administration
8.6.6.1 Oral
8.6.6.2 Nasal
8.6.6.3 Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Allergic Rhinitis Treatment Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Seasonal Allergic Rhinitis
8.7.4.2 Perennial Allergic Rhinitis
8.7.4.3 Occupational Allergic Rhinitis
8.7.5 Historic and Forecasted Market Size By Treatment
8.7.5.1 Antihistamines
8.7.5.2 Corticosteroids
8.7.5.3 Immunotherapy
8.7.5.4 Decongestants
8.7.5.5 Others
8.7.6 Historic and Forecasted Market Size By Route of Administration
8.7.6.1 Oral
8.7.6.2 Nasal
8.7.6.3 Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Allergic Rhinitis Treatment Market Scope:
Global Allergic Rhinitis Treatment Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 14.78 Billion |
Forecast Period 2024-32 CAGR: |
3.45% |
Market Size in 2032: |
USD 20.68 Billion |
Segments Covered: |
By Type |
|
|
By Treatment |
|
||
By Route Of Administration |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|