Allergic Rhinitis Market is probable to grow by the CAGR of 7% by 2023

Posted by Nohaliam on August 30th, 2017

Market Research Future Publish a New Report on – “Global Allergic Rhinitis Market Research Report – Forecast To 2023”

Exclusive Summery About Report:

The common name for allergic rhinitis is hay fever. It is diagnosed when symptoms appear which includes itchy nose, mouth, eyes, throat, skin, as well as other parts of the body; along with this other symptoms includes  running nose, sneezing, watery eyes, problem during smelling, cough and  sore throat. The causes of allergic rhinitis are allergens which includes pollen, mould, animal dander, and dust.  The body releases chemicals that cause allergy symptoms. Hay fever and allergies is an inherited disease and if parents have their offspring will most likely inherit it.  The chance increases if mother has allergies.

The allergy or hay fever can be avoided by preventing one from coming in contact with allergen. Also some preventive measure like washing the bed sheets and blankets regularly must be followed along with using clean handkerchief and clothes. Some people are also allergic to soaps and some food which can cause allergic rhinitis. They can use alternate product which will not cause them allergic rhinitis. The market of anti-allergic products is growing. The trend of using nasal sprays and inhalers is increasing since these products are easy to use, they are handy and provides quick relief.   The market of allergic rhinitis will grow at the CAGR of 7% during the forecasted period of 2017 to 2023. The market is likely to achieve $ 15 billion by 2023.

Taste the market data and market information presented in more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Allergic Rhinitis Market Research Report – Forecast till 2023.”

Allergic Rhinitis Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

  • Merck (US),
  • GSK (UK),
  • Sanofi (France),
  • Cigna (USA),
  • Himalaya (India),
  • J&J (US),
  • Chong kun Dang Pharmaceutical Corp. (South Korea),
  • Faes, Farma (Spain),
  • Glenmark Pharmaceutical (India),
  • Hisamitsu Pharmaceutical Co.in (Japan),
  • Ampio pharmaceutical Inc. (US),
  • Olain Farm (Lavtvia),

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Segments:            

The market of allergic rhinitis is segmented into types, by treatment and by test. The types of the allergic rhinitis includes seasonal, perennial and non-allergic rhinitis. On the basis of the treatment the segmentation is done into antihistamines, decongestants, eye drops, nasal sprays, immunotherapy, sublingual immunotherapy (SLIT) and home remedies. The antihistamine segment is further sub-segmented into drugs like allegra, clarinex, xyzal and zyrtec. The decongestants segment is also sub-segmented into afrin nasal spray, sudafed, sudafed PE and zyrtec-D. On the basis of test the segmentation is done into skin tests, igE RAST test and complete blood count.

Regional analysis:

Geographically, the region of this market is segmented into four major region, they are America, Europe, Asia-Pacific along with Middle East and Africa. The North America is dominating the global allergic rhinitis market.  The U.S. has the highest number of hay fever incidences.  The second largest market of global allergic rhinitis market is Europe. The Asia Pacific allergic rhinitis market is recently witnessing a high growth due to greater awareness about this disease and its treatment. The rising incidence of allergic rhinitis in this region is because of increasing population. Japan has the highest incidence of allergic rhinitis after US.

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Table of Content

1              Introduction

1.1          Definition

1.2          Scope Of Study

1.2.1       Research Objective

1.2.2       Assumptions & Limitations

1.2.2.1   Assumptions

1.2.2.2   Limitations

1.3          Market Structure:

2             Research Methodology

2.1          Research Process:

2.2          Primary Research

2.3          Secondary Research:

3             Market Dynamics

3.1          Drivers

3.2          Restraints

3.3          Opportunities

4              Market Dynamics

4.1          Drivers

4.2           Restrains

4.3           Challenges

4.4           Opportunities

5             Market Factor Analysis

5.1          Porter’s Five Forces Model

5.1.1      Bargaining power of suppliers

5.1.2      Bargaining Power of Buyers

5.1.3      Threat of New Entrants

5.1.4      Threat of Substitutes

5.1.5      Intensity of Rivalry

5.2          Supply Chain Analysis

6             Global Allergic Rhinitis Market, By Types

Continued….

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Nohaliam

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Nohaliam
Joined: August 21st, 2017
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