Global Allergy Immunotherapies Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global Allergy Immunotherapies Market Outlook 2027: According to the latest report by IMARC Group, titled " Allergy Immunotherapies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecas t 2022-2027 ," the global allergy immunotherapies market reached a value of US$ 2.56 Billion in 2021. Allergy immunotherapy is a long-term medical treatment that aims to desensitize the immune system of an individual against specific allergens that trigger allergy symptoms. This therapy involves regular administration of gradually increasing doses of allergens in the patient’s body to improve the response of the immune system. This can often lead to long-lasting relief of the allergy symptoms following treatment discontinuation, thereby offering a long-term impact. Apart from this, immunotherapy is also associated with reducing inflammation, improving immunological tolerance and enhancing the quality of the patient’s life. Consequently, it is widely used as a preferred method for treating allergic asthma, allergic rhinitis, peanuts allergy, cat allergy, conjunctivitis and other kinds of hypersensitivity. Request for a free sample: https://www.imarcgroup.com/allergy-immunotherapies-market/requestsample
Report Description and Highlights
Report Description
Global Allergy Immunotherapies Market Trends: The global market is primarily driven by the increasing prevalence of allergies that are being triggered by numerous lifestyle changes and environmental factors. A significant increase in the global pollution levels and the increasing numbers of active and passive smokers have contributed to a decline in the functioning of the human immunity system. Consequently, allergy immunotherapy is widely being used to alter the course of the allergy with persistent effects. Along with this, there has been a considerable growth in the healthcare budgets of various countries, which is creating a positive outlook for the market. This is being supported by the favorable initiatives undertaken by the governments of numerous countries to spread awareness regarding the high efficacy rates of the therapy. The market is further driven by constant advancements in drug development technologies. Several companies have developed targeted drugs for allergies in the form of allergen immunotherapy tablets (AITs) and Sublingual immunotherapy (SLIT) tablets which are gaining widespread prominence among the users. Some of the other factors, such as advancements in the field of allergy diagnostics and inflating per capita income levels, are also influencing the market growth.
Report Description and Highlights Report Description Market Summary: Breakup by Treatment Type: • Subcutaneous Immunotherapy (SCIT) • Sublingual Immunotherapy (SLIT) Breakup by Allergy Type: • Allergic Rhinitis • Asthma • Food Allergy • Venom Allergy Breakup by Distribution Channel: • Hospital Pharmacy • Retail Pharmacy • Online Pharmacy
Report Description and Highlights Report Description Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Looking forward, IMARC Group expects the market to reach US$ 4.63 Billion by 2027, exhibiting at a CAGR of 10.2% during 2022-2027.
Report Description and Highlights Report Description Competitive Landscape With Key players: • BALK-Abello A/S • Allergy Therapeutics • Stallergenes Greer • HAL Allergy Group • DBV Technologies • Merck Group • Aimmune Therapeutics • Circassia Pharmaceuticals • Anergis SA • Biomay AG View Report TOC, Figures and Tables: https://www.imarcgroup.com/allergy-immunotherapies-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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