Press release
Perennial Allergic Rhinitis Drug Market to Witness Astonishing Growth by 2029
The global perennial allergic rhinitis drug market is anticipated to grow at a significant CAGR of 4.0% during the forecast period 2023-2030. 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.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.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
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.
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 @ https://www.omrglobal.com/industry-reports/perennial-allergic-rhinitis-drug-market
Perennial Allergic Rhinitis Drug Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
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
Shandong Luoxin Pharmaceutical Group Stock co., ltd.
Teva Pharmaceutical Industries Ltd.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/perennial-allergic-rhinitis-drug-market
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
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