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Worldwide Business Survey: Allergy Immunotherapy Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

12-21-2017 12:08 PM CET | Health & Medicine

Press release from: MarketResearchReports.biz

Worldwide Business Survey: Allergy Immunotherapy Market Size &

"Allergy Immunotherapy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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Allergy can be defined as a systemic immunological disease, wherein the immune system of the body reacts abnormally to a foreign substance. The foreign substance that triggers an allergic reaction is known as an allergen. Allergens are known to induce an immune response in human beings which are characterized by the presence of allergen-specific IgE antibodies. Allergic immunotherapy can be defined as the administration of allergen for the purpose of inducing tolerance specific to the allergen for the treatment of allergy. Allergy immunotherapy is a treatment that targets the underlying allergic disease, and affects the immunological mechanisms inducing immunologic tolerance. Allergies are caused due to exposure to various agents such as food, plants, pollen, and others. The various routes of exposure to allergens that lead to allergic reactions include inhalation, ingestion, skin contact, and injection. These allergens lead to a range of manifestations, including rhinitis, conjunctivitis, urticaria, and atopic dermatitis.

The global allergy immunotherapy market is anticipated to witness significant growth during the forecast period owing to rise in prevalence of allergic reactions and chronic nature of allergies. Respiratory allergic reactions are known to be highly prevalent and affect over 30% of the total population. According to the WHO, rhinitis is anticipated to affect hundreds of millions of people and over 235 million people globally are known to be suffering from asthma. Ongoing research and development, increase in collaborations between hospitals and research centers for the development of newer treatments, rise in patient population, and technological advancements boost the growth of the market. However, lack of awareness among people regarding the available treatments for allergies and high treatment costs are anticipated to restrain the market.
The global allergy immunotherapy market can be segmented based on product type, application, distribution channel, and region. In terms of product type, the market can be categorized into sublingual immunotherapy, subcutaneous immunotherapy, and selective immunotherapy. Subcutaneous immunotherapy is considered to be one of the best of mode of treatment for the treatment of allergies. Sublingual immunotherapy can be sub-segmented into drops and tablets. Based on application, the global allergy immunotherapy market can be classified into asthma, allergic rhinitis, eye allergies, skin allergies, and others. In terms of distribution channel, the market can be divided into hospital pharmacies, retail pharmacies, online pharmacies, and others. The online pharmacies segment is anticipated to record significant growth during the forecast period, owing to factors such as ease of access to product comparison and discounts offered online.

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Geographically, the global allergy immunotherapy market can be segmented into five regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America accounted for the largest share of the global market in terms of revenue in 2016 and the trend is anticipated to continue during the forecast period. Strong growth in the region can be attributed to increase in well-established health care infrastructure, high awareness among people, and rise in prevalence of allergic reactions. Europe is expected to be the second leading market for allergy immunotherapy. However, the sluggish economy in the region is likely to negatively impact the growth of the market. The market in Asia Pacific is anticipated to record a high CAGR owing to factors such as growing government focus on enhancing health care facilities and increase in patient population.

Leading players operating in the global allergy immunotherapy market are Nycomed (subsidiary of Takeda Pharmaceutical), Biomay AG, Adamis Pharmaceuticals Corporation, Stallergenes Greer, ALK-Abello, Genentech, Inc. (a subsidiary of Roche), Verona Pharma, HAL Allergy Group, Mitsubishi Tanabe Pharma Corporation (a subsidiary of Mitsubishi Chemical Holdings Corporation), Anergis S.A., ASIT biotech, Circassia Pharmaceuticals, and DBV Technologies SA, among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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