The anosmia market size has grown rapidly in recent years. It will grow from $3.55 billion in 2024 to $3.9 billion in 2025 at a compound annual growth rate (CAGR) of 10%. The growth in the historic period can be attributed to growing incidence of anosmia cases, increasing number of anosmia cases, rising research grants and research activities for drug development for anosmia, increasing demand for healthcare, and research activities for drug development for anosmia.
The anosmia market size is expected to see strong growth in the next few years. It will grow to $5.65 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rising prevalence of chronic diseases, increase in funding from private and government organizations, development of pharmaceutical manufacturing segments, rise in R&D activities for drugs, and rise in therapeutics for anosmia acts. Major trends in the forecast period include technological advancements, advanced treatment for anosmia, increase in funding from private and government organizations, and development of advanced pharmaceutical manufacturing.
The increasing prevalence of neurological disorders is expected to drive the growth of the anosmia market in the coming years. Neurological disorders refer to a wide range of conditions that affect the nervous system, including the brain, spinal cord, and peripheral nerves. The rise in these disorders is primarily due to an aging population and the growing incidence of chronic diseases like diabetes and hypertension. These conditions can lead to anosmia by damaging the olfactory pathways or areas of the brain responsible for processing smells, resulting in the loss of the ability to detect or perceive odors. For example, in March 2023, the Alzheimer's Association, a US-based nonprofit health organization, reported that 6.7 million Americans aged 65 and older are living with Alzheimer's dementia, with projections suggesting this number could reach 13.8 million by 2060. Therefore, the growing incidence of neurological disorders is fueling the expansion of the anosmia market.
Key players in the anosmia market are concentrating on creating innovative solutions, such as smell training kits, to offer effective and non-invasive treatments for individuals experiencing loss of smell. These kits are designed to help users improve or recover their sense of smell, particularly after losing it due to causes such as viral infections or head injuries. For instance, in March 2022, Gousto, a meal kit provider based in the UK, introduced the Flavor Savior smell training kits. These kits aim to help individuals who have lost their sense of smell and taste due to anosmia by stimulating their smell receptors and aiding in the recovery of these senses.
In November 2023, the UK-based charity Fifth Sense collaborated with ENT UK to enhance the care for individuals with smell and taste disorders. This partnership is focused on supporting both patients and healthcare providers dealing with conditions such as anosmia. ENT UK is a professional membership organization representing the field of ear, nose, and throat surgery in the UK.
Major companies operating in the anosmia market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi SA, Bristol-Myers Squibb and Company, AstraZeneca plc, Abbott Laboratories, Novartis AG, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Eli Lily and Company, Gilead Sciences Inc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Biogen Inc., Astellas Pharma Inc., Sun Pharmaceutical Industries Ltd., Torrent Pharmaceuticals Ltd., Aurobindo Pharma Limited, Cipla Inc., Alphapharm Pty. Ltd., Alde Medi Impex Ltd.
North America was the largest region in the anosmia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market going forward. The regions covered in the anosmia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the anosmia market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Anosmia is a medical condition characterized by either a complete or partial loss of the sense of smell. This condition can arise from various factors affecting the olfactory system, such as nasal congestion, nasal polyps, neurological disorders, head injuries, viral infections, or exposure to certain chemicals or medications. Anosmia can be either temporary or permanent and may affect one or both nostrils. It typically diminishes the ability to detect or identify odors, which can impact the sense of taste and overall quality of life.
Anosmia is primarily categorized into idiopathic anosmia and congenital anosmia. Idiopathic anosmia denotes a loss of smell with no identifiable cause, even after extensive medical evaluation and diagnostic testing. Treatments for anosmia may include therapies and medications, with several healthcare providers, including hospitals and clinics, being involved in the management of the condition.
The anosmia market research report is one of a series of new reports that provides anosmia market statistics, including the anosmia industry global market size, regional shares, competitors with anosmia market share, detailed anosmia market segments, market trends, and opportunities, and any further data you may need to thrive in the anosmia industry. These anosmia market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The anosmia market consists of revenues earned by entities by providing services such as olfactory testing and imaging, medical consultations, therapeutic services, medication management, rehabilitative services including psychological support and nutritional counseling. The market value includes the value of related goods sold by the service provider or included within the service offering. The anosmia market also includes sales of diagnostic tools, medical devices, and nasal sprays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Anosmia Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on anosmia market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for anosmia ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The anosmia market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Idiopathic Anosmia; Congenital Anosmia2) By Treatment: Therapies; Medications
3) By End User: Hospitals; Clinics; Other End Users
Subsegments:
1) By Idiopathic Anosmia: Partial Idiopathic Anosmia; Complete Idiopathic Anosmia2) By Congenital Anosmia: Isolated Congenital Anosmia; Syndromic Congenital Anosmia (Associated With Other Conditions or Syndromes)
Key Companies Mentioned: Pfizer Inc.; Johnson & Johnson; F. Hoffmann-La Roche AG; Merck & Co. Inc.; AbbVie Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Anosmia market report include:- Pfizer Inc.
- Johnson & Johnson
- F. Hoffmann-La Roche AG
- Merck & Co. Inc.
- AbbVie Inc.
- Bayer AG
- Sanofi SA
- Bristol-Myers Squibb and Company
- AstraZeneca plc
- Abbott Laboratories
- Novartis AG
- GlaxoSmithKline PLC
- Takeda Pharmaceutical Company Limited
- Eli Lily and Company
- Gilead Sciences Inc.
- Viatris Inc.
- Teva Pharmaceutical Industries Ltd.
- Regeneron Pharmaceuticals Inc.
- Biogen Inc.
- Astellas Pharma Inc.
- Sun Pharmaceutical Industries Ltd.
- Torrent Pharmaceuticals Ltd.
- Aurobindo Pharma Limited
- Cipla Inc.
- Alphapharm Pty. Ltd.
- Alde Medi Impex Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 3.9 Billion |
Forecasted Market Value ( USD | $ 5.65 Billion |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |