2025 Allergy Treatment Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Allergy Treatment Market Size By 2025?
There has been substantial growth in the market size of allergy treatments in the past few years. The market, which was worth $23.09 billion in 2024, is projected to expand to $24.83 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. This significant increase during the historical period is due to factors such as the rising occurrence of allergies, the growing emphasis on self-medication, an increase in healthcare expenditure, and an escalating number of patients suffering from different forms of allergies.

How Big Is the Allergy Treatment Market Size Expected to Grow by 2029?
The market for allergy treatments is predicted to experience significant expansion in the coming years, reaching a value of $33.21 billion in 2029, with a compound annual growth rate (CAGR) of 7.5%. The anticipated growth during this forecast period is due to the adoption of patient-centric strategies, an increase in over-the-counter (OTC) allergy drugs, the effects of globalization and urbanization, escalating environmental pollution, and enhanced access to health insurance. Major anticipated trends in the forecast period consist of improved diagnostic technologies, advances in immunotherapy, innovative developments in drug delivery systems, collaborations among pharmaceutical firms, and increased investments by manufacturers in creating new allergy treatment options.

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Which Key Market Drivers Powering Allergy Treatment Market Expansion and Growth?
The accelerating instances of allergic reactions are projected to fuel the expansion of the allergy treatment market. An allergic reaction occurs when the immune system overly responds to what is often a harmless substance, known as an allergen. Allergy treatments offer therapies that employ over-the-counter or prescribed medications to help identify and avoid an array of allergy triggers. By doing so, these treatments can prevent allergic reactions, alleviate symptoms, impede escalation of allergy severity, and boost individual health. As an example, in April 2024, Allergy UK, a charity based in the UK, reported that over 21 million people in the UK suffered from allergies, making it the most frequent chronic health condition reported in 2022. Projections show that by 2026, half of the population in Europe will be affected by at least one allergy. Consequently, this mounting incidence of allergic conditions is propelling the allergy treatment market's growth.

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Which Fast-Growing Trends Are Poised to Disrupt the Allergy Treatment Market?
The allergy treatment market is increasingly influenced by technological developments, with leading companies utilizing new technologies to maintain market dominance. For example, Metropolis Healthcare Limited, an India-based pathology laboratory and diagnostic centre chain, introduced an AI-powered allergy component test built on Component Resolved Diagnostics (CRD) in May 2023. This component test uses AI to help doctors make informed clinical decisions and provides critical insights for deciding and optimizing a person's allergy treatment plan. The technology is powered by a nanotechnology-based multiplex system that uses molecular components to identify specific IgE antibodies against 295 various allergens via a simple blood test. It provides results for 158 food allergens, ten contact allergens, and 127 respiratory allergens.

What Are the Emerging Segments in the Allergy Treatment Market?
The allergy treatment market covered in this report is segmented -

1) By Treatment Type: Anti-Allergy Drugs, Immunotherapy
2) By Type: Eye Allergy, Skin Allergy, Food Allergy, Asthma, Rhinitis, Other Types
3) By Route of Administration: Oral, Parenteral, Nasal, Other Routes of Administration
4) By Distribution Channels: Hospital Pharmacies, Retail Pharmacies, Online Retailers, Other Distribution Channels
5) By End-Users: Hospitals, Specialty Clinics, Homecare, Other End-Users

Subsegments:
1) By Anti-Allergy Drugs: Antihistamines, Corticosteroids, Leukotriene Receptor Antagonists, Decongestants
2) By Immunotherapy: Allergy Shots, Sublingual Immunotherapy (SLIT), Oral Immunotherapy

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Who Are the Global Leaders in the Allergy Treatment Market?
Major companies operating in the allergy treatment market include Pfizer Inc., Johnson and Johnson, Allergy Therapeutics PLC, F. Hoffmann-La Roche Ltd, AbbVie Inc., Novartis AG, Merck & Co. Inc., Sanofi S.A., Thermo Fisher Scientific Inc., AstraZeneca, GlaxoSmithKline PLC, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Regeneron Pharmaceuticals, Bausch Health Companies Inc., Teva Pharmaceutical Industries Ltd., Almirall S.A, Akorn Operating Company LLC, Alembic Pharmaceuticals Limited, ALK-Abelló A/S, Stallergenes Greer International AG, Adamis Pharmaceuticals, HollisterStier Allergy, Leti Pharma SL

Which are the Top Profitable Regional Markets for the Allergy Treatment Industry?
North America was the largest region in the allergy treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the allergy treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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