Comprehensive Analysis On Indian Allergy Treatment Market 2023 With Future Trend, Market Size, Business Growth, Top Key players, CAGR

Report Overview

Indian Allergy Treatment Market size was valued at USD XX Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of XX% from 2019 to 2028.

An estimated 300 million people worldwide have asthma, with 379 million in India, equal to 55% of the total UK population. The burden of asthma in India exceeds the number of people with HIV infection or tuberculosis. Within India, there are variations with respect to weather, pollens and fungal spores, insects such as cockroaches, and other living conditions, and meteorological data regarding environmental allergens are sparse These allergens can cause various allergic disease conditions including hay fever or allergic rhinitis, asthma, atopic dermatitis, and others. The major symptoms of allergic reactions include itching in the nose, roof of the mouth, throat, or eyes as well as sneezing, stuffy nose (congestion), teary eyes, and others. In addition, food allergies can cause symptoms such as vomiting, diarrhea, or respiratory symptoms, after ingestion of an allergen. Increased prevalence of allergens and high consumption of tobacco that can induce several allergies drive the growth of the Indian allergy treatment market.

Market Drivers

The rapidly growing heavy environmental pollutants, changing lifestyles, low-quality dietary habits and the existence of a variety of communicable and non-communicable diseases further complicate the prevalence of allergic diseases in India. The major key factors that drive the global allergy treatment market include significant increase in the prevalence of allergic diseases, rise in preferences toward over-the-counter drugs for allergy treatment, and surge in self-medication in consumers. However, increased usage of biosimilars, and safety & efficacy concerns regarding the side effects associated with vigorous consumption of anti-allergy drugs are anticipated to hamper the growth of the allergy treatment market. On the contrary, increased R&D and rise in awareness among healthcare professionals as well as patients regarding immunotherapy for the treatment of allergies are expected to create lucrative opportunities in future.

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Major Players

The Indian Allergy Treatment Market report includes various leading companies in the market such as GlaxoSmithKline, Cadila Pharmaceuticals, Allergan, Inc., Glenmark, Allergy therapeutics, Allergon, Genentech Inc., McNeil Consumer Healthcare, and Meda Pharmaceuticals, Inc. Glenmark has launched the branded generic version at an affordable cost for the treatment of allergic rhinitis in India. Cadila Pharmaceuticals Limited has launched the Bilastine syrup (30 ml) and Bilastine tablets, an antihistamine drug is used in the treatment of allergic rhinitis.

The Indian Allergy Treatment Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Indian Allergy Treatment market. This report explores all the key factors affecting the growth of the global Indian Allergy Treatment market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Type:

Based on type, the allergy treatment market is bifurcated into eye allergy, food allergy, skin allergy, asthma, rhinitis, and others. The rhinitis allergy segment was the highest contributor to the market in 2017, and is anticipated to maintain its dominance throughout the forecast period. This was attributed to the increase in prevalence of allergic rhinitis in India.

By Treatment:

Based on treatment, the allergy treatment market is classified into anti-allergy drugs and immunotherapy. The anti-allergy drugs segment accounted for the highest revenue in 2017 and is expected to maintain its dominance throughout the forecast period.

Major Players

The Indian Allergy Treatment Market report includes various leading companies in the market such as GlaxoSmithKline, Cadila Pharmaceuticals, Allergan, Inc., Glenmark, Allergy therapeutics, Allergon, Genentech Inc., McNeil Consumer Healthcare, and Meda Pharmaceuticals, Inc. Glenmark has launched the branded generic version at an affordable cost for the treatment of allergic rhinitis in India. Cadila Pharmaceuticals Limited has launched the Bilastine syrup (30 ml) and Bilastine tablets, an antihistamine drug is used in the treatment of allergic rhinitis.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Indian Allergy Treatment Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Indian Allergy Treatment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Allergy Treatment market
Chapter 2: Exclusive Summary - the basic information of the Indian Allergy Treatment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Allergy Treatment
Chapter 4: Presenting the Indian Allergy Treatment Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Allergy Treatment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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In conclusion, the Indian Allergy Treatment Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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