Global Allergic Rhinitis Market Size, Trends and Growth Opportunity, By Type ( Seasonal, Perennial, and Occupational Rhinitis ), By Treatment ( Immunotherapy, Antihistamines, Decongestants, Vertebral Fusion, Corticosteroids and Others), By Route of Administration (Oral, Parenteral, and Intranasal),By Form (Solid, Liquid), By Test (Skin Test, IgE RAST Test, and Complete Blood Count), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Online Stores), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa ) and forecast till 2027.
Report ID : IR1001921 | Industries : Healthcare | Published On :June 2024 | Page Count : 248
Global Allergic Rhinitis Market Size, Trends and Growth Opportunity, By Type ( Seasonal, Perennial, and Occupational Rhinitis ), By Treatment ( Immunotherapy, Antihistamines, Decongestants, Vertebral Fusion, Corticosteroids and Others), By Route of Administration (Oral, Parenteral, and Intranasal),By Form (Solid, Liquid), By Test (Skin Test, IgE RAST Test, and Complete Blood Count), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Online Stores), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa ) and forecast till 2027.
Global Allergic Rhinitis Market
The Global Allergic Rhinitis Market was valued at USD 41.95 billion in 2021 and is expected to expand USD 56.85 billion in 2027 at a CAGR of 4.80 % during forecast period 2022- 2027.
Allergic Rhinitis is an allergic reaction carried by a patient's greater susceptibility to allergens in the surrounding environment of the patients. The person has watery eyes, a runny or stuffy nose, continuous sneezing, swelling and redness around the eyes. One of the most common triggers of this allergic response has been identified as an increase in pollen in the environment.
Market Drivers
The rise in the widespread of respiratory disorders and increase in demand for effective and potent drugs among consumers act as a major factor in growing the allergic rhinitis market.
The rising awareness among peoples, increased expenses for healthcare and rise in pollution propelling the market growth in the forecast period. Additionally, the growing government support and initiatives along with technological advancement in treatment boost the growth allergic rhinitis market.
Market Restraints
The increased adoption and alternative treatment choices are more widely utilized restrain the growth of market.
Furthermore, high competition from generic drugs for the disease's and side effects associated with allergic rhinitis treatment hinders the growth of the market.
COVID-19 Impact on Allergic Rhinitis Market
The outbreak of covid-19 impacted the market as restrictions and lockdowns were imposed by the government and the supply chain and production were disrupted. The market shows significant positive impact as government focus to manage allergic rhinitis and covid-19 cases.
Impact of Russia Ukraine War on Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the allergic rhinitis market:
Disruptions in the supply chain: Many allergic rhinitis manufacturers’ source components from Russia and Ukraine.The war may cause supply chain disruptions and delays, affecting allergic rhinitis production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as demand for allergic rhinitis in the region.
Market Segmentation
The Global Allergic Rhinitis Market segmented on the basis of Type, Treatment, Route of Administration, Form, Test, Distribution Channel and Region. On the basis of Type, it is segmented into Seasonal, Perennial, and Occupational Rhinitis. Based on Treatment, it is segmented into Immunotherapy, Antihistamines, Decongestants, Vertebral Fusion, Corticosteroids and Others. On the basis of Route of Administration, it is segmented into Oral, Parenteral, and Intranasal. On the basis of Form, it is segmented into Solid and Liquid. On the basis of Test, it is segmented into Skin Test, IgE RAST Test, and Complete Blood Count. Based On Distribution Channel, it is segmented into Hospital Pharmacies, Retail Pharmacies and Online Stores. On the basis of Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Analysis
North America is likely to dominate the market over the forecast period due to the availability of novel medications for the treatment in this region.
Asia-Pacific is also anticipated to witness substantial growth because of the developing countries such as India and China in this region.
Key Players
Various key players are listed in this report such as Merck KGaA, GSK group of companies, Sanofi, Cigna, Himalaya Wellness, Janssen Global Services LLC, FAES Farma SA, Hisamitsu Pharmaceutical Co Inc, Glenmark Pharmaceuticals, Olainfarm, Boehringer Ingelheim International GmbH, Covis Pharma, Teva Pharmaceutical Industries Ltd, Sandoz International GmbH.
Market Taxonomy
By Type
• Seasonal
• Perennial
• Occupational Rhinitis
By Treatment
• Immunotherapy
• Antihistamines
• Decongestants
• Vertebral Fusion
• Corticosteroids
• Others
By Route of Administration
• Oral
• Parenteral
• Intranasal
By Form
• Solid
• Liquid
By Test
• Skin Test
• IgE RAST Test
• Complete Blood Count
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Stores
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Allergic Rhinitis Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Allergic Rhinitis Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Allergic Rhinitis Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Allergic Rhinitis Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Allergic Rhinitis Market Share Analysis, By Type
5.3 Global Allergic Rhinitis Market Size and Forecast, By Type
5.3.1 Seasonal
5.3.2 Perennial
5.3.3 Occupational Rhinitis
6 Global Allergic Rhinitis Market, By Treatment
6.1 Y-o-Y Growth Comparison, By Treatment
6.2 Global Allergic Rhinitis Market Share Analysis, By Treatment
6.3 Global Allergic Rhinitis Market Size and Forecast, By Treatment
6.3.1 Immunotherapy
6.3.2 Antihistamines
6.3.3 Decongestants
6.3.4 Vertebral Fusion
6.3.5 Corticosteroids
6.3.6 Others
7 Global Allergic Rhinitis Market, By Route of Administration
7.1 Y-o-Y Growth Comparison, By Route of Administration
7.2 Global Allergic Rhinitis Market Share Analysis, By Route of Administration
7.3 Global Allergic Rhinitis Market Size and Forecast, By Route of Administration
7.3.1 Oral
7.3.2 Parenteral
7.3.3 Intranasal
8 Global Allergic Rhinitis Market, By Form
8.1 Y-o-Y Growth Comparison, By Form
8.2 Global Allergic Rhinitis Market Share Analysis, By Form
8.3 Global Allergic Rhinitis Market Size and Forecast, By Form
8.3.1 Solid
8.3.2 Liquid
9 Global Allergic Rhinitis Market, By Test
9.1 Y-o-Y Growth Comparison, By Test
9.2 Global Allergic Rhinitis Market Share Analysis, By Test
9.3 Global Allergic Rhinitis Market Size and Forecast, By Test
9.3.1 Skin Test
9.3.2 IgE RAST Test
9.3.3 Complete Blood Count
10 Global Allergic Rhinitis Market, By Distribution Channel
10.1 Y-o-Y Growth Comparison, By Distribution Channel
10.2 Global Allergic Rhinitis Market Share Analysis, By Distribution Channel
10.3 Global Allergic Rhinitis Market Size and Forecast, By Distribution Channel
10.3.1 Hospital Pharmacies
10.3.2 Retail Pharmacies
10.3.3 Online Stores
11 Global Allergic Rhinitis Market , By Region
11.1 Global Allergic Rhinitis Market Share Analysis, By Region
11.2 Global Allergic Rhinitis Market Size and Forecast, By Region
12 North America Allergic Rhinitis Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 North America Allergic Rhinitis Market Share Analysis, By Type
12.3 North America Allergic Rhinitis Size and Forecast, By Treatment
12.4 North America Allergic Rhinitis Market Size and Forecast, By Route of Administration
12.5 North America Allergic Rhinitis Market Size and Forecast, By Form
12.6 North America Allergic Rhinitis Market Size and Forecast, By Test
12.7 North America Allergic Rhinitis Market Size and Forecast, By Distribution Channel
12.8 North America Allergic Rhinitis Market Size and Forecast, By Country
12.8.1 U.S
12.8.2 Canada
12.8.3 Mexico
13 Europe Allergic Rhinitis Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Europe Allergic Rhinitis Market Share Analysis, By Type
13.3 Europe Allergic Rhinitis Market Size and Forecast, By Treatment
13.4 Europe Allergic Rhinitis Market Size and Forecast, By Route of Administration
13.5 Europe Allergic Rhinitis Market Size and Forecast, By Form
13.6 Europe Allergic Rhinitis Market Size and Forecast, By Test
13.7 Europe Allergic Rhinitis Market Size and Forecast, By Distribution Channel
13.8 Europe Allergic Rhinitis Market Size and Forecast, By Country
13.8.1 Germany
13.8.2 France
13.8.3 UK
13.8.4 Rest of Europe
14 Asia Pacific Allergic Rhinitis Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Type
14.3 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Treatment
14.4 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Route of Administration
14.5 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Form
14.6 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Test
14.7 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Distribution Channel
14.8 Asia-Pacific Allergic Rhinitis Market Size and Forecast, By Country
14.8.1 China
14.8.2 Japan
14.8.3 India
14.8.4. Rest of Asia Pacific
15 Latin America Allergic Rhinitis Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Latin America Allergic Rhinitis Market Size and Forecast, By Type
15.3 Latin America Allergic Rhinitis Market Size and Forecast, By Treatment
15.4 Latin America Allergic Rhinitis Market Size and Forecast, By Route of Administration
15.5 Latin America Allergic Rhinitis Market Size and Forecast, By Form
15.6 Latin America Allergic Rhinitis Market Size and Forecast, By Test
15.7 Latin America Allergic Rhinitis Market Size and Forecast, By Distribution Channel
15.8 Latin America Allergic Rhinitis Market Size and Forecast, By Country
15.8.1 Brazil
15.8.2 Rest of Latin America
16 Middle East Allergic Rhinitis Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Middle East Allergic Rhinitis Market Share Analysis, By Type
16.3 Middle East Allergic Rhinitis Market Size and Forecast, By Treatment
16.4 Middle East Allergic Rhinitis Market Size and Forecast, By Route of Administration
16.5 Middle East Allergic Rhinitis Market Size and Forecast, By Form
16.6 Middle East Allergic Rhinitis Market Size and Forecast, By Test
16.7 Middle East Allergic Rhinitis Market Size and Forecast, By Distribution Channel
16.8 Middle East Allergic Rhinitis Market Size and Forecast, By Country
16.8.1. Saudi Arabia
16.8.2. UAE
16.8.3. Egypt
16.8.4. Kuwait
16.8.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1. Merck KGaA
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. GSK group of companies
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Sanofi
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4. Cigna
17.4.1 Overview
17.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
17.4.6 Key Strategies
17.5. Himalaya Wellness
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
17.5.6 Key Strategies
17.6. Janssen Global Services LLC
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
17.6.6 Key Strategies
17.7. FAES Farma SA
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
17.7.6 Key Strategies
17.8. Hisamitsu Pharmaceutical Co Inc
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
17.8.6 Key Strategies
17.9. Glenmark Pharmaceuticals
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5Key Market Developments
17.9.6 Key Strategies
17.10. Olainfarm
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
17.10.6 Key Strategies
17.11. Boehringer Ingelheim International GmbH
17.11.1 Overview
17.11.2 Offerings
17.11.3 Key Financials
17.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
17.12. Covis Pharma
17.12.1 Overview
17.12.2 Offerings
17.12.3 Key Financials
17.12.4 Business Segment & Geographic Overview
17.12.5 Key Market Developments
17.6.6 Key Strategies
17.13. Teva Pharmaceutical Industries Ltd
17.13.1 Overview
17.13.2 Offerings
17.13.3 Key Financials
17.13.4 Business Segment & Geographic Overview
16.13.5 Key Market Developments
17.13.6 Key Strategies
17.14. Sandoz International GmbH
17.14.1 Overview
17.14.2 Offerings
17.14.3 Key Financials
17.14.4 Business Segment & Geographic Overview
16.14.5 Key Market Developments
17.14.6 Key Strategies