Allergic Rhinitis Market driven by the increasing incidence of allergic rhinitis
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The market research report describes and analyzes the diverse aspects of the individual market players in the global allergic rhinitis market, such as their respective business strategies, competitive advantage, an overview of their product/service catalog, SWOT analysis, growth prospects, prevailing trends, and market restraints.
This research study also enumerates and discusses the various factors essential for the existing market players and new market entrants to thrive and prosper in the global allergic rhinitis market.
Overview of the global allergic rhinitis market
The global allergic rhinitis market is primarily driven by the increasing incidence of allergic rhinitis, rising demand for new treatments, greater respiratory anomalies, and high usage of tobacco. Allergic rhinitis refers to a chronic inflammatory disease affecting the nasal cavity, which leads to myriad respiratory disorders. This disease affects almost every age group. Nasal itching, sore throat, runny or blocked nose, and sneezing are some of the characteristic symptoms of allergic rhinitis. Allergic rhinitis is of three types, namely seasonal, perennial, and both. This disease mostly goes unnoticed because of negligence towards seemingly minor health concerns, and because its symptoms are often confused with those of the more benign common cold.
The global allergic rhinitis market is segmented on the basis of the type of treatment, which include steroids, antihistamines, others, and other alternative methods of treatment.
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Geographically, the global allergic rhinitis market is dominated by North America, since the U.S. has the highest incidence of this disease. The second largest market in the global allergic rhinitis market is Europe. As per industry estimates, the Asia Pacific allergic rhinitis market is currently witnessing robust growth owing to greater awareness about this disease and its treatment, and also rising incidence of allergic rhinitis. After the U.S., Japan has the highest incidence of allergic rhinitis.
Companies mentioned in the report
The various companies operating in the global allergic rhinitis market as mentioned in the report include Stallergenes S.A., Revance Therapeutics, Shionogi & Co., Ltd., Alcon, Inc., Dainippon Sumitomo Pharma Co., Ltd., Novartis AG, Array BioPharma, Inc., Genentech, Inc., Nektar Therapeutics, GlaxoSmithKline plc, and Hisamitsu Pharmaceutical Co., Inc.
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