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North America to Dominate Global Allergic Rhinitis Treatment Device Market Through 2031, Followed by Europe: Fact.MR Study
The allergic rhinitis treatment devices are employed for treatment of allergic rhinitis. They help in preventing further exposure to allergens and relieving the symptoms such as runny nose. The allergic rhinitis treatment devices use a variety of mechanisms such as irradiations by lasers or filters to block exposure to allergens. The allergic rhinitis treatment devices are intended to full fill the unmet needs of the market owing to poor efficacy and efficiency of the drug segment. Development in technology and the advancements in photo therapy coupled with the growing demand from home users is expected to propel the market to a high growth trajectory.Click here to Get Synopsis of the Report- https://www.factmr.com/report/2272/allergic-rhinitis-treatment-device-market
Allergic Rhinitis Treatment Device Market: Drivers and Restraints
The rising incidence and cases of allergic rhinitis is the prime driver of the allergic rhinitis treatment devices market. According to the American Academy of Allergy, Asthma & Immunology, 7.8% of people over 18 years of age in the U.S. suffer from allergic rhinitis. The data also reveals that allergic rhinitis affects between 10% and 30 % of the global population and sensitization is present in 40% of the population.
The large economic burden of allergic rhinitis is another driver of the market as allergies is the 6th leading cause of chronic illness in the U.S. resulting in an annual penalty exceeding a whopping US$ 18 billion. The Asthma and Allergy Foundation of America states that 50 million U.S. citizens suffer from allergies each year.
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Advancement in technology is another driver of the allergic rhinitis treatment device market. The advent of cryotherapy which uses cold temperatures to interrupts the errant nerve signals and treat inflamed nerves in chronic rhinitis is driving the growth of the market. The cryotherapy allergic rhinitis treatment devices include a miniature chilled pad fixed to a thin stem and applied to a mucus membrane inside the nasal cavity. Another advancement has been the application of radio therapy for treating allergic rhinitis.
Photodynamic therapy involves irradiation of the nasal cavity with a variety of irradiations such as laser, infrared rays and radio waves. Another strategy has been to physically block the exposure of allergens to the patients. Nasal filters prevent airborne allergens from reaching the mucous membranes of the nose, and are designed to fit just inside the nostril.
The rise in risk factors such as growing sports culture, growing exposure to allergens owing to pollution, increase in active populations such as young children, and others. The constraints on the allergic rhinitis treatment device market are lack of awareness, concerns over the efficacy and efficiency of the devices.
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Allergic Rhinitis Treatment Device Market: Segmentation
The global allergic rhinitis treatment device market is segmented based on type, distribution channel and region.
Based on type, the global allergic rhinitis treatment device market is segmented into:
• Phototherapy
• Lasers
• Infrared Light
• Cryotherapy
• Radio waves
Based on distribution channel, the global allergic rhinitis treatment device market is segmented into:
• Hospitals Pharmacies
• Retail Pharmacies
• Online Pharmacies
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Allergic Rhinitis Treatment Device Market: Key Players
Examples of some of the major vendors operating in the global allergic rhinitis treatment device market are VIDEOTON Group, Chordate Medical AB, Light Therapy Options, L.L.C., Hubei YJT Technology Co., Ltd., Hubei Boshi Medical Instrument Co. Ltd, and Wuhan Opti-Moxibustion International Trading Co., Ltd., among others.
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