The South and Central America allergy treatment market is expected to reach US$ 2,431.66 million by 2028 from US$ 1,523.89 million in 2020; it is estimated to grow at a CAGR of 6.1% 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 South and Central America allergy treatment market.
The South and Central America 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 South and Central America 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 South and Central America allergy treatment market are World Allergy Organization (WAO), Argentinean Allergen Immunotherapy (AIT) and Asthma and Allergy Foundation of America (AAA).
Reasons to Buy
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 South and Central America allergy treatment market.
The South and Central America 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 South and Central America 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 South and Central America allergy treatment market are World Allergy Organization (WAO), Argentinean Allergen Immunotherapy (AIT) and Asthma and Allergy Foundation of America (AAA).
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America 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 South and Central America 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.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 South and Central America Allergy Treatment Market - By Allergy Type
1.3.2 South and Central America Allergy Treatment Market - By Treatment
1.3.3 South and Central America Allergy Treatment Market - By Country
2. Allergy Treatment Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Allergy Treatment Market- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 SCAM PEST Analysis
4.3 Expert Opinion
5. Allergy Treatment Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Adoption of Immunotherapy in Allergy Treatment
5.1.2 Developments in Food Allergy Treatments
5.2 Key Market Restraints
5.2.1 Lack of Awareness About Allergy Treatments
5.3 Key Market Opportunities
5.3.1 Growing Number of Allergy-Related Research Projects and Programs
5.4 Future Trends
5.4.1 Development and Approvals of Innovative Medicines such as Biologics for Treating Allergies and Asthma
5.5 Impact Analysis
6. Allergy Treatment Market - South and Central America Analysis
6.1 South and Central America Allergy Treatment Marker Revenue Forecast and Analysis
7. Allergy Treatment Market Analysis- by Allergy Type
7.1 Overview
7.2 Allergy Treatment Market, by Allergy Type 2020 & 2028 (%)
7.3 Eye Allergy
7.3.1 Overview
7.3.2 Eye Allergy: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Rhinitis
7.4.1 Overview
7.4.2 Rhinitis: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Asthma
7.5.1 Overview
7.5.2 Asthma: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Skin Allergy
7.6.1 Overview
7.6.2 Skin Allergy: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Food Allergies
7.7.1 Overview
7.7.2 Food Allergies: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
7.8 Other Allergies
7.8.1 Overview
7.8.2 Other Allergies: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8. Allergy Treatment Market Analysis- by Treatment
8.1 Overview
8.2 Allergy Treatment Market, by Treatment 2020 & 2028 (%)
8.3 Anti-Allergy Drugs
8.3.1 Overview
8.3.2 Anti-Allergy Drugs: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.3.3 Antihistamines
8.3.3.1 Overview
8.3.3.2 Antihistamines: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.3.4 Corticosteroids
8.3.4.1 Overview
8.3.4.2 Corticosteroids: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.3.5 Decongestants
8.3.5.1 Overview
8.3.5.2 Decongestants: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.3.6 Other Drug
8.3.6.1 Overview
8.3.6.2 Other Drug: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Immunotherapy
8.4.1 Overview
8.4.2 Immunotherapy: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.4.3 Sub-cutaneous Immunotherapy (SCIT)
8.4.3.1 Overview
8.4.3.2 Sub-cutaneous Immunotherapy (SCIT): Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
8.4.4 Sub-Lingual Immunotherapy (SLIT)
8.4.4.1 Overview
8.4.4.2 Sub-Lingual Immunotherapy (SLIT): Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
9. Allergy Treatment Market - South and Central America Analysis
9.1 South and Central America: Allergy Treatment Market
9.1.1 Overview
9.1.1.1 South and Central America: Allergy Treatment Market, by Country, 2020 & 2028 (%)
9.1.2 Brazil: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
9.1.2.1 Brazil: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
9.1.2.2 Brazil Allergy Treatment Market, by Allergy Type - Revenue and Forecast to 2028 (USD Million)
9.1.2.3 Brazil Allergy Treatment Market, by Treatment- Revenue and Forecast to 2028 (USD Million)
9.1.2.3.1 Brazil: Allergy Treatment Market, by Anti-Allergy Drugs - Revenue and Forecast to 2028 (USD Million)
9.1.2.3.2 Brazil: Allergy Treatment Market, by Immunotherapy - Revenue and Forecast to 2028 (USD Million)
9.1.3 Argentina: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.1 Argentina: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.2 Argentina Allergy Treatment Market, by Allergy Type - Revenue and Forecast to 2028 (USD Million)
9.1.3.3 Argentina Allergy Treatment Market, by Treatment- Revenue and Forecast to 2028 (USD Million)
9.1.3.4 Argentina: Allergy Treatment Market, by Anti-Allergy Drugs - Revenue and Forecast to 2028 (USD Million)
9.1.3.5 Argentina: Allergy Treatment Market, by Immunotherapy - Revenue and Forecast to 2028 (USD Million)
9.1.4 Rest of South and Central America: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.1 Rest of South and Central America: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.2 Rest of South and Central America Allergy Treatment Market, by Allergy Type - Revenue and Forecast to 2028 (USD Million)
9.1.4.3 Rest of South and Central America Allergy Treatment Market, by Treatment- Revenue and Forecast to 2028 (USD Million)
9.1.4.3.1 Rest of South and Central America: Allergy Treatment Market, by Anti-Allergy Drugs - Revenue and Forecast to 2028 (USD Million)
9.1.4.3.2 Rest of South and Central America: Allergy Treatment Market, by Immunotherapy - Revenue and Forecast to 2028 (USD Million)
10. Impact of COVID-19 Pandemic on South and Central America Allergy Treatment Market
10.1 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Allergy Treatment Market- Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 Johnson and Johnson Services, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Sanofi
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 AbbVie Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Pfizer Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 ALK-Abelló A/S
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Allergy Therapeutics
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Stallergenes Greer
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 GlaxoSmithKline plc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Brazil Allergy Treatment Market, by Allergy Type - Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil Allergy Treatment Market, by Treatment- Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil: Allergy Treatment Market, by Anti-Allergy Drugs - Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil: Allergy Treatment Market, by Immunotherapy - Revenue and Forecast to 2028 (USD Million)
Table 5. Argentina Allergy Treatment Market, by Allergy Type - Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina Allergy Treatment Market, by Treatment- Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina: Allergy Treatment Market, by Anti-Allergy Drugs - Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina: Allergy Treatment Market, by Immunotherapy - Revenue and Forecast to 2028 (USD Million)
Table 9. Rest of South and Central America Allergy Treatment Market, by Allergy Type - Revenue and Forecast to 2028 (USD Million)
Table 10. Rest of South and Central America Allergy Treatment Market, by Treatment- Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of South and Central America: Allergy Treatment Market, by Anti-Allergy Drugs - Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of South and Central America: Allergy Treatment Market, by Immunotherapy - Revenue and Forecast to 2028 (USD Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, Allergy Treatment Market
List of Figures
Figure 1. Allergy Treatment Market Segmentation
Figure 2. Allergy Treatment Market - By Country
Figure 3. Allergy Treatment Market Overview
Figure 4. Rhinitis Segment Held Largest Share of Allergy Treatment Market by Allergy Type
Figure 5. Immunotherapy Segment Held Largest Share of Allergy Treatment Market by Treatment
Figure 6. South and Central America Allergy Treatment Market - Leading Country Markets (US$ Million)
Figure 7. SCAM: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Allergy Treatment Market Impact Analysis of Drivers and Restraints
Figure 10. South and Central America Allergy Treatment Market - Revenue Forecast and Analysis - 2020 to 2028
Figure 11. Allergy Treatment Market, by Allergy Type 2020 & 2028 (%)
Figure 12. Eye Allergy: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Rhinitis: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Asthma: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Skin Allergy: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Food Allergies: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Other Allergies: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Allergy Treatment Market, by Treatment 2020 & 2028 (%)
Figure 19. Anti-Allergy Drugs: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Antihistamines: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Corticosteroids: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Decongestants: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Other Drug: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Immunotherapy: Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Sub-cutaneous Immunotherapy (SCIT): Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Sub-Lingual Immunotherapy (SLIT): Allergy Treatment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. South and Central America: Allergy Treatment Market, by Key Country - Revenue (2020) (USD Million)
Figure 28. South and Central America: Allergy Treatment Market, by Country, 2020 & 2028 (%)
Figure 29. Brazil: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
Figure 30. Argentina: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
Figure 31. Rest of South and Central America: Allergy Treatment Market - Revenue and Forecast to 2028 (USD Million)
Figure 32. Impact of COVID-19 Pandemic on Allergy Treatment Market in South and Central America
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Johnson and Johnson Services, Inc.
- Sanofi
- AbbVie's Inc.
- Pfizer
- ALK-Abelló A/S
- Allergy Therapeutics
- Stallergenes Greer
- GlaxoSmithKline PLC
Table Information
| Report Attribute | Details |
|---|---|
| Published | May 2021 |
| Forecast Period | 2020 - 2028 |
| Estimated Market Value ( USD | $ 1523.89 Million |
| Forecasted Market Value ( USD | $ 2431.66 Million |
| Compound Annual Growth Rate | 6.1% |
