Rhinoconjunctivitis Market Outlook 2021 | Revenue Models

Posted by Olive David on May 7th, 2018

Rhinoconjunctivitis is a combination of rhinitis and conjunctivitis and is one of the foremost common allergies across the world. It is an inflammatory disorder that affects nasal and mucous membrane tissue layer and is evoked as a result of hypersensitive immune response. Rhinoconjunctivitis causes symptoms of allergic rhinitis like sneeze, watery mucous secretion, itchy nose, and nasal congestion, similarly as conjunctivitis which causes burning sensation, tears and redness of eyes. These symptoms might also be accompanied by general symptoms like poor sleep, irritability and fatigue. 

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The global Rhinoconjunctivitis market is driven by factors such as increasing awareness in developed nations and increased healthcare expenditure with the rise of disposable incomes for an individual in growing countries. 

Based on treatment, the market is segmented into Decongestants, Mast-Cell Stabilizers, Antihistamines, Nonsteroidal Anti-Inflammatory Drugs, and Intranasal Corticosteroids. In case of frequent symptoms intra-nasal corticosteroids are prescribed which include Avamys, Flonase, and Nasacort etc. If symptoms are occasional Claritin, Reactine (cetirizine), Aerius, Allegra (fexofenadine) are prescribed.

According to a research made by National Institute of Health research, more than 10 million are newly diagnosed with this disease only in Europe. The institute also explains that the over 90% of the individuals with allergic rhinitis frequently suffer from ocular symptoms. 

As of now, Asia Pacific with its growing population due to countries like India and China, and rising disposable income accounted for the largest share of global Rhinoconjunctivitis market, followed by Europe and North America. 

The major market contributors for the global Rhinoconjunctivitis market are Johnson & Johnson Inc., Merck & Co., Inc., GlaxoSmithKline, Sanofi Adiga Life Sciences Inc. 

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• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry 

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