The allergy rhinitis drugs market is forecasted to grow by USD 3.17 bn during 2023-2028, accelerating at a CAGR of 3.92% during the forecast period. The report on the allergy rhinitis drugs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of allergy rhinitis, high unmet medical needs, and technological advances in allergy rhinitis diagnostics.
Technavio's allergy rhinitis drugs market is segmented as below:
By Distribution Channel
Offline
Online
By Product
Antihistamines
Intranasal corticosteroids
Immunotherapies
Others
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the increase in R&D of new therapies as one of the prime reasons driving the allergy rhinitis drugs market growth during the next few years. Also, increasing demand for over-the-counter medicines and an increase in collaborations will lead to sizable demand in the market.
The report on the allergy rhinitis drugs market covers the following areas:
Allergy rhinitis drugs market sizing
Allergy rhinitis drugs market forecast
Allergy rhinitis drugs market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading allergy rhinitis drugs market vendors that include ALK Abello AS, Apotex Inc., Bayer AG, Cadila Pharmaceuticals Ltd., Catalent Inc., Dr Reddys Laboratories Ltd., Faes Farma SA, GlaxoSmithKline Plc, Glenmark Pharmaceuticals Ltd., HAL Allergy BV, Haleon Plc, Hikma Pharmaceuticals Plc, KYORIN Holdings Inc., Merck and Co. Inc., Mitsubishi Chemical Group Corp., Novartis AG, Sanofi SA, Stallergenes Greer Ltd., Ube Corp., and Viatris Inc.. Also, the allergy rhinitis drugs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global allergy rhinitis drugs market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global allergy rhinitis drugs market 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022