Allergy Immunotherapy Market Size, Share, Price, Trends, Growth, Analysis, Report and Forecast 2024-2032

The global allergy immunotherapy market size was valued at USD 2.04 billion in 2023, driven by an increase in the prevalence of allergic diseases across the globe. The market size is anticipated to grow at a CAGR of 9.6% during the forecast period of 2024-2032 to achieve a value of USD 4.67 billion by 2032.

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Allergy Immunotherapy Market: Introduction

Allergy immunotherapy, also known as allergy shots or desensitization, is a medical treatment for individuals with allergies. It involves exposing the patient to small, controlled amounts of the allergen (substances that trigger allergies), typically through injections or oral tablets. The goal is to gradually desensitize the immune system, making it less reactive to the allergen. Over time, this reduces allergy symptoms like sneezing, itching, and congestion. Allergy immunotherapy can be particularly effective for individuals with allergic rhinitis, asthma, and insect sting allergies. It offers long-term relief by altering the immune system's response to allergens, making it a valuable option for managing allergies.

Key Trends in the Allergy Immunotherapy Market

The global allergy immunotherapy market is undergoing a dynamic transformation due to increasing allergic disorders worldwide. The precision medicine wave is also influencing the allergy immunotherapy sector. Therapies are now being tailored to the individual's allergic profile, considering factors such as the allergen type and patient's immune response.

Sublingual Immunotherapy (SLIT) tablets have gained significant traction as they offer a non-invasive, effective, and convenient treatment method. These tablets are placed under the tongue, allowing patients to undergo therapy without frequent clinic visits. Developments in diagnostics, like molecular allergology, enable detailed profiling of patient allergen sensitivities, facilitating more targeted therapy and improving treatment outcomes.

Initially focused more on common allergens like pollen, the market is expanding its scope to address food allergies, especially those affecting children, like peanut allergies. Biologic drugs, which target specific components of the immune system, are being explored for severe cases of allergies and asthmatic conditions. Omalizumab, an anti-IgE antibody, is an example.

With allergies becoming more prevalent, there's a growing emphasis on patient education. Awareness campaigns inform the public about the benefits of early detection and treatment, thereby boosting market growth. The surge in allergic diseases globally has caught the attention of pharmaceutical giants. Increased funding in research and development aims at more effective and long-lasting treatments.

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Allergy Immunotherapy Market Segmentation

Market Breakup by Treatment Type

• Subcutaneous Immunotherapy (SCIT)
• Specific Immunotherapy (SIT)
• Sublingual Immunotherapy (SLIT)
o Sublingual Drops
o Sublingual Tablets

Market Breakup by Allergan Type

• Pollen Allergies
o Grass Pollen
o Tree Pollen
o Weed Pollen
• Food Allergies
o Peanut Allergies
o Tree Nut Allergies
o Shellfish Allergies
o Fish Allergies
o Egg Allergies
o Milk Allergies
o Soy Allergies
o Wheat Allergies
o Others
• Dust Mite Allergies
• Mold Allergies
• Animal Dander Allergies
• Insect Venom Allergies

Market Breakup by Treatment Channel

• Public
• Private

Market Breakup by Distribution Channel

• Direct Tenders
• Retail Sales
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Allergy Immunotherapy Market Overview

Dominating in terms of market share, the U.S. and Canada benefit from a robust healthcare system. The prevalence of allergic diseases, heightened awareness, and advanced diagnostic techniques make North America a significant player in the allergy immunotherapy market. Research initiatives and the presence of major pharmaceutical companies stimulate innovative treatment methodologies and ensure ample product availability.

Following North America, Europe, especially countries like Germany, the UK, and France, showcases a strong demand for allergy immunotherapy. The European Academy of Allergy and Clinical Immunology (EAACI) promotes research, which has helped in increasing awareness and treatment adoption. The prevalence of pollen allergies and a growing awareness of treatment options are further driving the market in this region.

Asia-Pacific region is witnessing accelerated growth in the allergy immunotherapy market with countries like China, India, and Japan at the forefront. The rising urban population, increasing pollution levels, and changing lifestyles contribute to higher allergy incidences. While the market is growing, there's potential for even more significant expansion with increased awareness and improved accessibility to advanced treatments.

Nations such as Brazil and Mexico are observing steady growth in the allergy immunotherapy sector. Enhanced healthcare infrastructure, growing awareness about allergic conditions, and increasing disposable incomes contribute to this trend. However, there's a need for more extensive patient education and access to cost-effective treatments to fully tap into the market potential.

Allergy Immunotherapy Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• ALK-Abelló A/S
• Allergy Therapeutics
• Aimmune Therapeutics
• Stallergenes Greer
• Merck Group
• HAL Allergy Group
• DBV Technologies
• Biomay AG
• Anergis SA
• Circassia Pharmaceuticals
• Laboratorios LETI
• HollisterStier Allergy

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