Categories
Coronavirus News

Allergic Rhinitis Market To Witness A CAGR Of 7.5% Between 2024

Market Report Summary 

  • Market – Allergic Rhinitis Market 
  • Market Value – US$ 7,000 Mn in 2024 
  • Market CAGR Value – 7.5% in 2024 
  • Market Forecast Year – 2020 to 2030 

For Full Information ->  Click Here 

Read Full Press Release Below

“Technological advancements in the medical world and rising prevalence of foodborne diseases will primarily build the market for allergic rhinitis treatment globally. Secondarily, strategic partnerships and synergies between big brands, soaring usage of second-generation multiplex immunoassay, and augmenting R&D activities in life sciences and molecular diagnostics will support the market surge within the next few years.

Over 2016-2020, the global AR treatment market will reach US$ 14 Bn, which will further take a leap to US$ 16.038 Bn by the end of 2024. Over 2016-2024, the market is likely to see impressive growth at a healthy CAGR of 7.5%.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/12154

Company Profiles

  • Merck & Co.
  • Boehringer Ingelheim
  • AstraZeneca
  • GlaxoSmithKline PLC
  • Sanofi S.A.
  • Johnson & Johnson
  • Teva Pharmaceutical Industries Ltd.
  • Alcon (Novartis AG)

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/12154

– Market Research Expert, Life Sciences & Transformational Health, Persistence Market Research.

According to Persistence Market Research’s recent report titled “Global Allergic Rhinitis Treatment Market: Industry Analysis and Forecast, 2016–2024,” key market competitors have embraced different strategic moves in order to strengthen their positions in the global allergic rhinitis treatment marketplace. These activities, according to Persistence Market Research, will boost the overall status of the market in near future.

  • Merck & Co. and Johnson & Johnson are concentrating on new product development, such as nasal sprays.
  • Boehringer Ingelheim will continue to contribute a major share to the market through an increased focus on R&D and a strong distribution network.
  • Sanofi S.A. is also focusing more on increasing R&D investments directed to expanded sales.
  • In addition to growing R&D efforts, AstraZeneca is also emphasizing on innovation of technologically advanced products and acquisition of selective regional players.
  • GlaxoSmithKline PLC and Alcon (Novartis AG) are prioritising cost-effective product development for long-term profits; Alcon specifically aims to tap into emerging markets.
  • Acquisition of players from the same segment and different region will be a key strategy of Teva Pharmaceutical Industries Ltd., which targets production capacity expansion.

By disease type, perennial AR segment will remain dominant with around 47% market value share in 2024, gaining around 123 BPS throughout the forecast period. On the other hand, despite losing over 30 BPS over 2016-2024, occupational AR will continue to be the second largest segment with over 35% revenue share at the end of the assessment period. While the revenues of the former are expected to surpass US$ 7.0 Bn, the latter will possibly exceed a value of US$ 5.0 Bn by the end of 2024.

Access Full Report @ https://www.persistencemarketresearch.com/checkout/12154

By treatment type, immunotherapy treatment segment is expected to be the fastest growing segment over the forecast owing to introduction of new immunotherapy based products, followed by antihistamines segment. However, antihistamines will continue to be the leading treatment type segment with over 50% share in 2024, followed by corticosteroids with over 31% share.

Based on route of administration, oral route of administration segment will cover nearly half of the market in terms of value, whereas nasal route of administration segment is anticipated to capture around 38% share of the total market value in 2024. Intravenous segment is foreseen to witness a higher CAGR compared to others, which can uplift the sales revenues of this segment to cross US$ 1.25 Bn in 2024.

On the basis of distribution channel, retail pharmacies will account for higher revenues than hospital pharmacies throughout the assessed period. Retail pharmacy revenues are likely to surpass US$ 7.0 Bn, growing at the fastest CAGR of 3.9% over 2016-2024. Whereas, hospital pharmacies will reach over US$ 5.0 Bn, accounting for around 31% share of the market value in 2024.

As per the geographical assessment of the global allergic rhinitis treatment market, North America will continue to capture the maximum revenue share over the 10-year tenure. With over 63% value share by 2024-end, this region is likely to surpass US$ 10.0 Bn in terms of revenues. European market will possibly attract the revenues worth US$ 3.68 Bn by 2024 end, contributing over 22% share of the market size. The third key region i.e. APAC is estimated to reach over US$ 1.27 Bn in 2024.

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Ashish Kolte
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
Website – https://www.persistencemarketresearch.com

 

Categories
Coronavirus News

Impact Of Covid-19 on Allergic Rhinitis Market By Major key Players Anergis, HAL Allergy Group, Merck, Allergy Therapeutics

Global Allergic Rhinitis MarketThe size of the global Allergic Rhinitis market is expected to grow in the forecast period from 2020 to 2027, with a CAGR of XX. x% over the forecast period from 2020 to 2027 and is expected to reach XXX. X million by 2027, starting at XXX. X million in 2019.

A new informative report on the global Allergic Rhinitis market titled as, Allergic Rhinitis has recently published by Contrive Datum Insights to its humongous database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market shares, size, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Allergic Rhinitis market.

For Sample Copy of this Reports: https://www.contrivedatuminsights.com/request-sample/73179

The report presents a thorough overview of the competitive landscape of the global Allergic Rhinitis Market and the detailed business profiles of the market’s notable players. Threats and weaknesses of leading companies are measured by the analysts in the report by using industry-standard tools such as Porter’s five force analysis and SWOT analysis. The Allergic Rhinitis Market report covers all key parameters such as product innovation, market strategy for leading companies, Allergic Rhinitis market share, revenue generation, the latest research and development and market expert perspectives.

Some of the key players profiled in the Allergic Rhinitis market include: Anergis, HAL Allergy Group, Merck, Allergy Therapeutics, ALK-Abello, Stallergenes Greer, Laboratorios LETI

The main players in the Allergic Rhinitis market are studies, and their strategies are analyzed to arrive at competitive prospects, current growth strategies and potential for expansion. In addition, the competitive landscape is due to the presence of market suppliers, numerous sales channels and revenue options. Contributions from industry experts as well as market leaders are an important factor in this study. Parents’ market trends, micro and macroeconomic factors, government stipulations and consumer dynamics are also studied in the writing of this report.
Global Allergic Rhinitis Market Segmentation:

On the Basis of Type: Subcutaneous Immunotherapy, Sublingual Immunotherapy

On the Basis of Application: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies

Regions Covered in the Global Allergic Rhinitis Market:

The Middle East and Africa

North America

South America

Europe

Asia-Pacific

Get Special Discount: https://www.contrivedatuminsights.com/request-discount/73179

Scope of the report: – This report describes the global Allergic Rhinitis market, in particular in North America, South America, Africa, Europe and Asia-Pacific, and the Middle East. This report segments the market based on producers, regions, type and use. In the next time, Allergic Rhinitis will have good demand, although the value may fluctuate due to the rapid transformation in the availability of raw materials and other resources.

Regionally, this market has been inspected across various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, and Europe on the basis of productivity and manufacturing base. Some significant key players have been profiled in this research report to get an overview and strategies carried out by them. Degree of competition has been given by analyzing the global Allergic Rhinitis market at domestic as well as a global platform. This global Allergic Rhinitis market has been examined through industry analysis techniques such as SWOT and Porter’s five techniques.

Table of Content

1 Overview of the Allergic Rhinitis market

2 Market competition by manufacturers

3 Production capacity by region 3 Production capacity by region

4 World consumption of Allergic Rhinitis by region

5 Production, Turnover, Price trend by Type

6 Global Allergic Rhinitis Market Analysis by Application

7 Company Profiles and Key Figures in Allergic Rhinitis Business

8 Allergic Rhinitis Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and demand forecasts

13 Forecast by type and by application (2021-2026)

14 Research and conclusion

15 Methodology and data source

Continuous …

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For Any special requirements about this report, please let us know and we can provide custom reports.

 

Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

 

 

Categories
Coronavirus News

The Allergic Rhinitis Market To Line Up With The Technological Up Gradations, Reach US$ 7,000 Mn

Market Report Summary 

  • Market – Allergic Rhinitis Market 
  • Market Value – US$ 7,000 Mn in 2024 
  • Market CAGR Value – 7.5% in 2024 
  • Market Forecast Year – 2020 to 2030 

For Full Information ->  Click Here 

Read Full Press Release Below

“Technological advancements in the medical world and rising prevalence of foodborne diseases will primarily build the market for allergic rhinitis treatment globally. Secondarily, strategic partnerships and synergies between big brands, soaring usage of second-generation multiplex immunoassay, and augmenting R&D activities in life sciences and molecular diagnostics will support the market surge within the next few years.

Over 2016-2020, the global AR treatment market will reach US$ 14 Bn, which will further take a leap to US$ 16.038 Bn by the end of 2024. Over 2016-2024, the market is likely to see impressive growth at a healthy CAGR of 7.5%.

Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/12154

Company Profiles

  • Merck & Co.
  • Boehringer Ingelheim
  • AstraZeneca
  • GlaxoSmithKline PLC
  • Sanofi S.A.
  • Johnson & Johnson
  • Teva Pharmaceutical Industries Ltd.
  • Alcon (Novartis AG)

Get To Know Methodology of Report @ https://www.persistencemarketresearch.com/methodology/12154

– Market Research Expert, Life Sciences & Transformational Health, Persistence Market Research.

According to Persistence Market Research’s recent report titled “Global Allergic Rhinitis Treatment Market: Industry Analysis and Forecast, 2016–2024,” key market competitors have embraced different strategic moves in order to strengthen their positions in the global allergic rhinitis treatment marketplace. These activities, according to Persistence Market Research, will boost the overall status of the market in near future.

  • Merck & Co. and Johnson & Johnson are concentrating on new product development, such as nasal sprays.
  • Boehringer Ingelheim will continue to contribute a major share to the market through an increased focus on R&D and a strong distribution network.
  • Sanofi S.A. is also focusing more on increasing R&D investments directed to expanded sales.
  • In addition to growing R&D efforts, AstraZeneca is also emphasizing on innovation of technologically advanced products and acquisition of selective regional players.
  • GlaxoSmithKline PLC and Alcon (Novartis AG) are prioritising cost-effective product development for long-term profits; Alcon specifically aims to tap into emerging markets.
  • Acquisition of players from the same segment and different region will be a key strategy of Teva Pharmaceutical Industries Ltd., which targets production capacity expansion.

By disease type, perennial AR segment will remain dominant with around 47% market value share in 2024, gaining around 123 BPS throughout the forecast period. On the other hand, despite losing over 30 BPS over 2016-2024, occupational AR will continue to be the second largest segment with over 35% revenue share at the end of the assessment period. While the revenues of the former are expected to surpass US$ 7.0 Bn, the latter will possibly exceed a value of US$ 5.0 Bn by the end of 2024.

Access Full Report @ https://www.persistencemarketresearch.com/checkout/12154

By treatment type, immunotherapy treatment segment is expected to be the fastest growing segment over the forecast owing to introduction of new immunotherapy based products, followed by antihistamines segment. However, antihistamines will continue to be the leading treatment type segment with over 50% share in 2024, followed by corticosteroids with over 31% share.

Based on route of administration, oral route of administration segment will cover nearly half of the market in terms of value, whereas nasal route of administration segment is anticipated to capture around 38% share of the total market value in 2024. Intravenous segment is foreseen to witness a higher CAGR compared to others, which can uplift the sales revenues of this segment to cross US$ 1.25 Bn in 2024.

On the basis of distribution channel, retail pharmacies will account for higher revenues than hospital pharmacies throughout the assessed period. Retail pharmacy revenues are likely to surpass US$ 7.0 Bn, growing at the fastest CAGR of 3.9% over 2016-2024. Whereas, hospital pharmacies will reach over US$ 5.0 Bn, accounting for around 31% share of the market value in 2024.

As per the geographical assessment of the global allergic rhinitis treatment market, North America will continue to capture the maximum revenue share over the 10-year tenure. With over 63% value share by 2024-end, this region is likely to surpass US$ 10.0 Bn in terms of revenues. European market will possibly attract the revenues worth US$ 3.68 Bn by 2024 end, contributing over 22% share of the market size. The third key region i.e. APAC is estimated to reach over US$ 1.27 Bn in 2024.

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

Ashish Kolte
Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]
Website – https://www.persistencemarketresearch.com