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Allergy Immunotherapy Market to Surpass USD6.7B by 2031 as Biologics and SLIT Redefine Treatment.
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2024 Industry Milestones
1. Biologics Revolution
o Palforzia® becomes the first biologic for Mn allergy.
o ViaskinTM Patch shows 88% efficacy in trials for milk allergy.
2. SLIT Dominance
o Europe's SLIT adherence hits 85%, doubling SCIT rates.
o 3 new FDA-fast-tracked SLIT tablets target pediatric allergies.
3. Personalised Medicine
o mRNA Vaccines: ALK/Sanofi collaboration aims for 2027 launch.
Regional Leaders
• North America (45%): Biologic adoption (Palforzia®, Xolair®).
• Europe (XX%): SLIT tablet hub (Oralair®, Grastek®).
• Asia-Pacific (XX%): Rising pollution allergies (12% CAGR).
Executive Insights
"We're transitioning from treating symptoms to reprogramming immune responses."
- Carsten Hellmann, CEO, ALK-Abelló
Roadmap to 2031
• 2025: SLIT to overtake SCIT in revenue.
• 2027: 50% of food allergy patients on biologics/patches.
• 2030: Asia-Pacific market to triple with urbanization.
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Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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