The Middle East and Africa Allergy Treatment market is expected to reach US$ 2,023.40 million by 2028 from US$ 1,292.33 million in 2020, it is estimated to grow at a CAGR of 5.8% from 2021 to 2028. The growth of the market is attributed to increasing adoption of immunotherapy in allergy treatment, and developments in food allergy treatments. However, the lack of awareness about allergy treatments is a key factor restraining the market growth.
The allergies are hypersensitive responses from human immune system to the substance that come in contact with body. Severe allergy can be life threatening which disturb the normal functioning of organs such as asthma causes poor functioning of lungs. The most effective treatment for allergy is to avoid the known allergens, while there are medications such as steroids and antihistamines and other therapies which prevent allergies. According to the European Community Respiratory Health survey published in 2018, ~ 10–30% of adults and nearly 40% of children are affected by allergic rhinitis across the world. Immunotherapy has shown positive and long-term benefits in allergic patients and is suitable for self-administration and medicine usage in homecare settings. Therefore, immunotherapy has emerged as a safe and effective alternative subcutaneous route for both chronic and recurrent allergies. Also, developments in the pharmaceuticals industry have enabled companies to offer treatment for varied allergy reactions. Such developments in the food allergy treatment options and their effectiveness are the factors boosting the allergy treatment market growth.
With the spread of the COVID-19 pandemic, it was discovered that a significant number of people around the world were suffering from chronic respiratory diseases, such as respiratory allergies, such as allergic rhinitis, and sinusitis. The allergy immunotherapies market in this pandemic is rising due to the increasing awareness about treatments of asthma and allergic diseases linked to viral infection in the region. Thus, the rising need for allergy treatment is likely to boost the Middle East allergy treatment market.
The Middle East and Africa Allergy treatment market, based on the allergy type was segmented into eye allergy, rhinitis, asthma, skin allergy, food allergies, and other allergies. In 2020, the rhinitis segment held the largest share of the market, whereas the food allergies segment is expected to grow at the fastest rate during the coming years.
The Middle East and Africa Allergy treatment market, based on the treatment was segmented into anti-allergy drugs, and immunotherapy. In 2020, the anti-allergy drugs segment held the largest share of the market. However, the immunotherapy segment is expected to grow at the fastest rate during the coming years.
A few of the primary and secondary sources associated with this report on the Middle East and Africa allergy treatment market are World Allergy Organization (WAO), Global Alliance against Chronic Respiratory Diseases (GARD) and Gulf Cooperation Council (GCC).
Reasons to Buy
The allergies are hypersensitive responses from human immune system to the substance that come in contact with body. Severe allergy can be life threatening which disturb the normal functioning of organs such as asthma causes poor functioning of lungs. The most effective treatment for allergy is to avoid the known allergens, while there are medications such as steroids and antihistamines and other therapies which prevent allergies. According to the European Community Respiratory Health survey published in 2018, ~ 10–30% of adults and nearly 40% of children are affected by allergic rhinitis across the world. Immunotherapy has shown positive and long-term benefits in allergic patients and is suitable for self-administration and medicine usage in homecare settings. Therefore, immunotherapy has emerged as a safe and effective alternative subcutaneous route for both chronic and recurrent allergies. Also, developments in the pharmaceuticals industry have enabled companies to offer treatment for varied allergy reactions. Such developments in the food allergy treatment options and their effectiveness are the factors boosting the allergy treatment market growth.
With the spread of the COVID-19 pandemic, it was discovered that a significant number of people around the world were suffering from chronic respiratory diseases, such as respiratory allergies, such as allergic rhinitis, and sinusitis. The allergy immunotherapies market in this pandemic is rising due to the increasing awareness about treatments of asthma and allergic diseases linked to viral infection in the region. Thus, the rising need for allergy treatment is likely to boost the Middle East allergy treatment market.
The Middle East and Africa Allergy treatment market, based on the allergy type was segmented into eye allergy, rhinitis, asthma, skin allergy, food allergies, and other allergies. In 2020, the rhinitis segment held the largest share of the market, whereas the food allergies segment is expected to grow at the fastest rate during the coming years.
The Middle East and Africa Allergy treatment market, based on the treatment was segmented into anti-allergy drugs, and immunotherapy. In 2020, the anti-allergy drugs segment held the largest share of the market. However, the immunotherapy segment is expected to grow at the fastest rate during the coming years.
A few of the primary and secondary sources associated with this report on the Middle East and Africa allergy treatment market are World Allergy Organization (WAO), Global Alliance against Chronic Respiratory Diseases (GARD) and Gulf Cooperation Council (GCC).
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa allergy treatment market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa allergy treatment market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Frequently Asked Questions about the Middle Eastern and African Allergy Treatment Market
What is the estimated value of the Middle Eastern and African Allergy Treatment Market?
What is the growth rate of the Middle Eastern and African Allergy Treatment Market?
What is the forecasted size of the Middle Eastern and African Allergy Treatment Market?
Who are the key companies in the Middle Eastern and African Allergy Treatment Market?
Report Attribute | Details |
---|---|
Published | May 2021 |
Forecast Period | 2020 - 2028 |
Estimated Market Value ( USD | $ 1292.33 Million |
Forecasted Market Value ( USD | $ 2023.4 Million |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Africa, Middle East |
Table of Contents
1. Introduction
3. Research Methodology
4. Middle East and Africa Allergy Treatment Market- Market Landscape
5. Allergy Treatment Market - Key Industry Dynamics
6. Allergy Treatment Market - Middle East and Africa Analysis
7. Allergy Treatment Market Analysis- by Allergy Type
8. Allergy Treatment Market Analysis- by Treatment
9. Allergy Treatment Market - Middle East and Africa Analysis
10. Impact of COVID-19 Pandemic on Middle East and Africa Allergy Treatment Market
11. Allergy Treatment Market- Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Johnson and Johnson Services, Inc.
- Sanofi
- AbbVie's Inc.
- Pfizer Inc.
- ALK-Abelló A/S
- Allergy Therapeutics
- Stallergenes Greer
- GlaxoSmithKline PLC