“Global Allergic Rhinitis Drugs market set to grow to $14.3bn by 2022” says new Visiongain report
28 August 2018
Visiongain has launched a new pharma report Global Allergic Rhinitis Drugs Market : Oral Antihistamines, Intranasal Corticosteroids, Intranasal Antihistamines, Immunotherapy and Vaccines.
There is a high and rapidly increasing unmet clinical need in allergic rhinitis. The prevalence of allergic rhinitis is increasing, driven by factors such as climate change, industrialisation, and changes in our exposure to potential allergens in early life. The pattern of increasing prevalence has been observed worldwide. In addition, climate change could lead to seasonal allergic rhinitis symptoms being present for a much greater proportion of the year, due to grasses and trees producing pollen earlier and for longer periods.
The lead analyst of the report commented "Immunotherapy for allergic rhinitis is expected to significantly increase its share of the overall allergic rhinitis drugs market over the forecast period. The launch of sublingual immunotherapy tablets in the US and expansion in Asia-Pacific markets is expected to drive high growth in this segment of the allergic rhinitis drugs market.
Immunotherapy has advantages over intranasal drugs in being a therapy that may lead to long-term prevention of symptoms; the closest thing to a ‘cure’ in allergic rhinitis. The pipeline for immunotherapy is particularly strong. There have also been developments in sublingual immunotherapy (SLIT), which will expand the use of immunotherapy."
Leading companies featured in the report include ALK-Abello, GSK, Johnson & Johnson, Kyowo Hako Kirin, Merck & Co, Sanofi, Stallergenes Greer, UCB.
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