Press release
Rising Demand for Global Antihistamine Drugs Market Key Players, Growth Analysis during 2022-2028
The global antihistamine drugs market is anticipated to grow at a significant CAGR of 8.7% during the forecast period 2022-2028. The major factor driving the growth of the market is the rising prevalence of allergic rhinitis and gastrointestinal conditions globally. According to NCBI, allergic rhinitis is a chronic upper airway inflammatory disease that affects around 60 million adults and children in the US alone. The increased research and development activities in order to develop new products for better treatment of these conditions is propelling the growth of the market. For instance, in June 2021, The US Food and Drug Administration (FDA) approved a nasal antihistamine for usage through a process called a partial prescription to nonprescription switch. The FDA approved Astepro (azelastine hydrochloride nasal spray, 0.15%) for seasonal and perennial allergic rhinitis in adults and children of six years and above.The market is segmented based on the drug type, application and end-user. Based on the drug type, the market is sub-segmented into H-1 receptor antagonists (including, brompheniramine, clemastine, diphenhydramine, loratadine, fexofenadine, and others), H-2 receptor antagonists (including, cimetidine, famotidine, nizatidine, and ranitidine), and others. Based on application, the market is sub-segmented into allergic rhinitis, insomnia, hay fever, heartburns, headaches, and others. Based on end-user, the market is sub-segmented into homecare, hospitals & clinics, and others.
Some major players in the market include Johnson & Johnson Services Ltd., Sanofi SA, Bayer AG, AstraZeneca PLC, GlaxoSmithKline PLC, Pfizer Inc., and Merck & Co. Inc. among others. The market players are helping significantly in the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay in the competition of the market. For instance, in March 2022, Miravo Healthcare had launched Blexten in Canada, for patients of 4 years and above for the treatment of the symptoms of seasonal allergic rhinitis and chronic spontaneous urticaria (such as itchiness and hives). The drug is available in 2.5mg/mL oral solution and (rapidly dispersing) 10mg orodispersible (quick melt) tablet formats.
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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Drug Type
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Johnson & Johnson Services Ltd., Sanofi SA, Bayer AG, AstraZeneca PLC, GlaxoSmithKline PLC, Pfizer Inc., and Merck & Co. Inc. among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
A full report of Global Antihistamine Drugs Market is available at:
https://orionmarketreports.com/global-antihistamine-drugs-market/96126/
Global Antihistamine Drugs Market Report by Segment
By Drug Type
• H-1 Receptor Antagonists
o Brompheniramine
o Clemastine
o Diphenhydramine
o Loratadine
o Fexofenadine
o Others
• H-2 Receptor Antagonists
o Cimetidine
o Famotidine
o Nizatidine
o Ranitidine
• Others
By Application
• Allergic Rhinitis
• Insomnia
• Hay Fever
• Heartburns
• Headaches
• Others
By End-User
• Homecare
• Hospitals and Clinics
• Others
Global Antihistamine Drugs Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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