Peanut Allergy Treatment Market is estimated to grow at a CAGR of 11.8% during the forecast period of 2023-2030: Cognitive Market Research

Market Overview:
- A peanut allergy denotes an allergic reaction to peanuts that commonly occurs when the human body incorrectly identifies peanuts as harmful elements. Peanuts are considered one of the forms of food that regularly provoke severe allergic reactions. Even one milligram of peanut is sufficient of generating a reaction.

Summary
• Global Peanut Allergy Treatment Market is estimated to be valued at USD 1,253.7 million in 2022 and is expected to exhibit a CAGR of 11.8% during the forecast period (2023-2030).
• North America region has the largest revenue share for the growth of the global peanut allergy treatment market.

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Market Dynamics:
- The increase in incidences of peanut allergy across the world is the major factor that dominates the growth peanut allergy treatment market. In addition, an increase in the use of novel biological compounds to expand the treatment method of peanut allergy in patients is the other factor contributing to the growth of the global market.
Furthermore, the launch of new products and technological advancement in the treatment will offer the opportunity for the growth of the global market.
However, difficulties associated with approval and strict regulations may hamper the growth of the global market. In addition, the lack of skilled professionals is another factor that may restrain the global peanut allergy treatment market

Market Segmentation:
Drug Type
• Epinephrine
• Antihistamine
• Pipeline Drugs
• Viaskin Peanut
Based on drug type, the epinephrine segment is forecasted to dominate the global market in terms of revenue, due to the rising number of drug agreements from regulatory bodies that will drive the market demand during the forecast period.

Route of Administration
• Oral
• Parenteral
• Intranasal
• Epicutaneous
By route of Administration, the parenteral segment dominates the global peanut allergy treatment market. This is attributed to the higher bioavailability of parenteral drugs (100%) than the others.

Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
By distribution channel, the global market is segmented into Online Pharmacies, Retail Pharmacies, and Hospital Pharmacies. The hospital Pharmacies segment is forecasted to dominate the growth of the global market.

The Major Players in Peanut Allergy Treatment Market are:
Pfizer, Sanofi, Mylan, Kaleo, Teva Pharmaceutical, Johnson?Johnson, DBV Technologies, Aimmune Therapeutics, Prota Therapeutics

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Regional Analysis:
- North America has the highest revenue share in the global peanut allergy treatment market
North America region has the largest revenue share for the growth of the global peanut allergy treatment market. This is attributed to the increase in the prevalence of peanut allergy in the region. Furthermore, Asia Pacific is forecasted to dominate the global market in terms of growth rate. The rising number of allergy testing and growing healthcare expenditure dominates the growth of the target market in the region in the countries.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Peanut Allergy Treatment Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Peanut Allergy Treatment Market Segmentation
1.5.1 Peanut Allergy Treatment Market Regional Fragmentation
1.5.1 Peanut Allergy Treatment Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Peanut Allergy Treatment Market
Chapter 4 Global Peanut Allergy Treatment Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Peanut Allergy Treatment Market by Drug Type Segmentation Analysis (2018-2030)
Chapter 10 Global Peanut Allergy Treatment Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Peanut Allergy Treatment Market by Route of Administration Segmentation Analysis (2018-2030)
Chapter 12 Global Peanut Allergy Treatment Market Regional Analysis
Chapter 13 North America Peanut Allergy Treatment Market Outlook (2018 - 2030)
Chapter 14 Europe Peanut Allergy Treatment Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Peanut Allergy Treatment Market Outlook (2018 - 2030)
Chapter 16 Latin America Peanut Allergy Treatment Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Peanut Allergy Treatment Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)

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