Perennial Allergic Rhinitis Drug Market Trends, Research Report, Growth, Opportunities, Forecast 2023-2029

The global perennial allergic rhinitis drug market is anticipated to grow at a significant CAGR of 4.0% during the forecast period. The increased awareness of allergic responses around the globe is likely to fuel the growth of the perennial allergic rhinitis market. Additionally, the high quality of drugs and nasal sprays supplied by manufacturers for the treatment of chronic allergic rhinitis is predicted to fuel the growth of the market.

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For instance, in October 2021, Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. signed a agreement with Marinomed Biotech AG, whereby the company would gain the rights for the development, manufacture, and commercialization of Budesolv in China which is an indicated for allergic rhinitis. The signing of the license agreement will further expand the company's product line and enhance Luoxin's competitive edge in the area of respiratory diseases. Further, in September 2021, Hikma Pharmaceuticals PLC announced the signing of an exclusive US license agreement with FAES Farma S.A. to commercialise Bilastine tablets, a non-sedating second-generation antihistamine molecule for the treatment of allergic rhinitis and urticaria.

Market Coverage

• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
Segment Covered-
• By Type
• By Application
Regions Covered-
• North America
• Europe
• Asia-Pacific
• Rest of the World
Competitive Landscape - including, GlaxoSmithKline PLC, Sanofi SA, Merck & Co. inc., Pfizer Inc., Novartis International AG, 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 are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Perennial Allergic Rhinitis Drug Market Report Segment

By Type

• Antihistamines
• Asapiprant
• APC-3000
• Bilastine
• Others

By Application

• Hospitals
• Clinics
• Others

A full report of Perennial Allergic Rhinitis Drug Market is available at: https://www.omrglobal.com/press-release/global-perennial-allergic-rhinitis-drug-market

Perennial Allergic Rhinitis Drug Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AstraZeneca PLC
• Boehringer-Ingelhiem International GmbH
• Faes Farma SA
• GlaxoSmithKline PLC
• Glenmark Pharmaceuticals Ltd.
• Hisamitsu Pharmaceuticals Co. Inc.
• Johnson & Johnson Services Ltd.
• Merck & Co. Inc.
• Novartis International AG
• Pfizer Inc.
• Sanofi SA

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