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Prominent Allergic Rhinitis Market Trend for 2025: Advancements In Treating Nasal And Ocular Symptoms Of Allergic Rhinitis
Allergic Rhinitis Market
Anticipated growth in the allergic rhinitis market is predicted to be driven by increasing levels of air pollution and the impact of climate change. The term air pollution denotes the existence of harmful substances in our planet's atmosphere, which can negatively impact human health, damage the environment, and reduce the air's quality. Climate change denotes long-standing alterations in the world's weather patterns, encompassing elements such as temperature, precipitation, and other weather factors. Air pollution is an emerging acknowledgment as a major environmental factor contributing to the rising incidence and exacerbation of allergic rhinitis, illustrating the complex link between air quality and respiratory wellbeing. For example, as per the United States Environmental Protection Agency, a US governmental agency, around 66 million tons of pollutants were dispensed into the atmosphere throughout the United States in 2023. Hence, elevated levels of air pollution and climate change are crucial drivers of growth in the allergic rhinitis market. Allergic Rhinitis Market Driver: Allergic Rhinitis Market Growth Fueled by Rising Corticosteroid Treatment
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What is the future CAGR of the allergic rhinitis market, and how will it impact industry expansion?
The market size for allergic rhinitis has experienced consistent growth in the past few years. The market is projected to expand from $15.22 billion in 2024 to $15.74 billion in 2025, with a compound annual growth rate (CAGR) of 3.4%. This growth during the historical period can be linked to factors such as increased allergen exposure, environmental fluctuations, heightened public understanding, escalating pollution levels, advancements in Allergic Rhinitis research, and a surge in disposable incomes.
Expect a consistent expansion in the allergic rhinitis market size in the upcoming years. It is projected to escalate to $18.49 billion by 2029, with a compound annual growth rate (CAGR) of 4.1%. Factors like the necessity for preventive treatments, the increase of elderly populace, urbanization, and expenditure on health care contribute to this anticipated growth. Noteworthy trends in the forecasted period comprise biologics and monoclonal antibodies, digital health strategies, strategies to avoid allergens, pediatric allergic rhinitis, and technology for allergen detection.
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What are the most significant trends transforming the allergic rhinitis market today?
Leading companies within the allergic rhinitis market are initiating creative medication strategies to maintain their market standing. In August 2022, for example, Hikma Pharmaceuticals PLC from the UK and Glenmark Specialty S.A. from Switzerland received a product approval for Ryaltris from the United States Food and Drug Administration (FDA). This marked the debut of the first combination drug that provides a convenient nasal spray treatment for both nasal and ocular symptoms of seasonal allergic rhinitis in adults and children aged 12 and above. The alleviation of nasal symptoms begins to occur within 15 minutes of administering the initial dose.
Which key market segments comprise the allergic rhinitis market and drive its revenue growth?
The allergic rhinitis market covered in this report is segmented -
1) By Type: Seasonal Allergic Rhinitis, Perennial Allergic Rhinitis, Occupational Allergic Rhinitis
2) By Treatment: Antihistamines, Corticosteroids, Immunotherapy, Decongestants, Other Treatments
3) By Test: Skin Test, IgE Radioallergosorbent (RAST) Test, Complete Blood Count
4) By Route Of Administration: Oral, Nasal, Other Route Of Administration
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Stores
Subsegments:
1) By Seasonal Allergic Rhinitis: Pollen Allergy, Mold Allergy
2) By Perennial Allergic Rhinitis: Dust Mite Allergy, Pet Allergy, Mold Allergy
3) By Occupational Allergic Rhinitis: Chemical Allergens, Biological Allergens
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What regions are at the forefront of allergic rhinitis market expansion?
North America was the largest region in the allergic rhinitis market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in allergic rhinitis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the allergic rhinitis market?
Major companies operating in the allergic rhinitis market are Merck and Co. Inc., Bayer AG, Novartis AG, Sanofi-Aventis LLC., AstraZeneca PLC, GlaxoSmithKline plc., Boehringer Ingelheim International GmbH, Viatris Inc., Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., UCB S.A., Sun Pharmaceutical Industries Limited, Menarini Group, Perrigo Company PLC, Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals PLC, Cipla Limited, Endo Pharmaceuticals Inc., Zydus Lifesciences Ltd., Lupin Limited, Glenmark Pharma Ltd., Almirall S.A., Kyowa Kirin Co. Ltd., Hanmi Pharmaceutical Co. Ltd., Akorn Inc.
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What Is Covered In The Allergic Rhinitis Global Market Report?
• Market Size Forecast: Examine the allergic rhinitis market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the allergic rhinitis market for a structured understanding.
• Key Players Overview: Analyze major players in the allergic rhinitis market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the allergic rhinitis market.
• Segment Contributions: Evaluate how different segments drive overall growth in the allergic rhinitis market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the allergic rhinitis market.
• Industry Challenges: Identify potential risks and obstacles affecting the allergic rhinitis market.
• Competitive Landscape: Review strategic developments in the allergic rhinitis market, including expansions, agreements, and new product launches.
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