Grass Pollen Allergy Market Predicted to Witness Surge in The Near Future

Pollens are made up of tiny particles released by trees, plants and grasses during spring and summer as part of their reproductive cycle. Pollen owing to its fine particles can be easily inhaled by humans and animals which can cause significant irritation and inflammation to some people. Allergic rhinitis or hay fever is among the most common form of allergy caused by grass pollen. According to a study conducted by American College of Allergy, Asthma & Immunology in 2010 reported that about 16.9 million adults and 6.7 million children were diagnosed with hay fever and its prevalence is increasing by approximately 30% in adults and 40% in children. The Charity Allergy U.K estimated that about 18 million people found to be affected with grass pollen allergy and is more common among children and teenagers. Symptoms of grass pollen include frequent sneezing, running or blocked nose, itchy eyes and throat. In some instances it can also lead to loss of senses to smell, facial pain, sweating and severe headache. People suffering from asthma face even a worse symptom which include tight chest, shortness of breath, coughing and wheezing. The United States Food and Drug Administration in 2014 estimated around 30 million people in the United States and 500 million globally suffer from one or other form of hay fever symptoms.

Report Overview: https://www.transparencymarketresearch.com/grass-pollen-allergy-market.html

There are about 1,200 species of grass grown in North America wherein only a small percentage of them cause allergies. Some of the prominent species include Bermuda grass, Johnson grass, Kentucky bluegrass, Orchard grass, Redtop grass, Sweet vernal grass and Timothy grass. The standard treatment for grass allergies includes oral steroids, antihistamines, beta agonist and immunotherapy treatment by injections. In May 2013, Health Canada approved a drug Oralair which can treat allergies from five different pollen grasses. Pills based immune therapy has seen significant demand and popularity in past 2-3 years owing to its characteristics such as convenience and painless option than weekly or monthly allergy shots. Merck & Co. in April 2014 received FDA approval for its grass pollen allergy drug Grastek. Merck estimates a potential U.S. market of nearly 3 million patients that will eventually be worth USD 1 billion of annual sales. Possible side effects of Grastek include dizziness, severe stomach pain, troubled swallowing and irregular heartbeat.

Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3453

Drivers to the growth of the market include exponential rise in number of patient suffering from pollen based allergies and more precisely hay fever. Moreover occupational exposure and growing number of patients especially children are another major contributors for escalating the global grass pollen allergy market. Lack of permanent cure to grass pollen allergy disease and home based diagnosis are few restraints to the growth of the global grass pollen allergy market. Geographically market for grass pollen allergy is majorly dominated by European and the North America market pertaining to research funding, government interventions and frequent product approvals. Moreover the Asia Pacific and Rest of the World market are among the fastest growing regions. According to an independent study conducted by Katelaris C., et. al. on Patterns of Allergic Rhinitis and Asthma in Adults and Children in Asia Pacific: Findings From the Allergies in Asia Pacific Survey. Allegergies in Asia-Pacific: A landmark survey of nasal allergy suffers reported that about 48% of Asia Pacific has been diagnosed with nasal allergies. About two out of five of the diagnosed people were reported to be diagnosed with allergic rhinitis.

Request Customization: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3453

Some of the prominent pipelined drugs in the market include MK-7243, Pollinex Quattro Grass, Avanz Phleum Pratense, gpASIT + TM, Grass-SPIRE, BM-32 and AllerG. Key players in the market include Allergy Therapeutics plc, Allergopharma Joachim Ganzer KG, Circassia Holdings Ltd., Laboratorios LETI S.L., Anergis SA, Biomay AG and others.
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.
All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

Request for covid19 Impact Analysis: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=3453

•Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
•Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
•Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.
•Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

More Trending Reports by Transparency Market Research:

https://www.prnewswire.com/news-releases/dyslipidemia-drugs-market-to-expand-at-cagr-of-3-5-during-forecast-period-observes-tmr-study-301478829.html

https://www.prnewswire.com/news-releases/north-america-lactate-meters-market-to-reach-us-115-2-mn-by-2031--says-tmr-study-301474149.html

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.