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 Paint Dispenser Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crises
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Paint Dispenser Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Paint Dispenser Market Share Analysis, By Type
5.3 Global Paint Dispenser Market Size and Forecast, By Type
5.3.1 Manual Tinting Machine
5.3.2 Automatic Tinting Machine
5.3.3 Other
6 Global Paint Dispenser Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Paint Dispenser Market Share Analysis, By Application
6.3 Global Paint Dispenser Market Size and Forecast, By Application
6.3.1 Architectural Paint
6.3.2 Automotive Paint
6.3.3 Textile Dyes
6.3.4 Other
7 Global Paint Dispenser Market, By Region
7.1 Global Paint Dispenser Market Share Analysis, By Region
7.2 Global Paint Dispenser Market Share Analysis, By Region
7.3 Global Paint Dispenser Market Size and Forecast, By Region
8 North America Paint Dispenser Market, Analysis and Forecast (2022-2030)
8.1 Introduction
8.2 North America Paint Dispenser Market Share Analysis, By Type
8.3 North America Paint Dispenser Market Size and Forecast, By Application
8.4 North America Paint Dispenser Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Paint Dispenser Market Analysis and Forecast (2022-2030)
9.1 Introduction
9.2 Europe Paint Dispenser Market Share Analysis, By Type
9.3 Europe Paint Dispenser Market Size and Forecast, By Application
9.4 Europe Paint Dispenser Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Paint Dispenser Market Analysis and Forecast (2022-2030)
10.1 Introduction
10.2 Asia Pacific Paint Dispenser Market Share Analysis, By Type
10.3 Asia Pacific Paint Dispenser Market Size and Forecast, By Application
10.4 Asia Pacific Paint Dispenser Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Paint Dispenser Market Analysis and Forecast (2022-2030)
11.1 Introduction
11.2 Latin America Paint Dispenser Market Share Analysis, By Type
11.3 Latin America Paint Dispenser Market Size and Forecast, By Application
11.4 Latin America Paint D Global Allergic Rhinitis Market