Allergy Care Market Analysis and Value Forecast Snapshot by End-Use Industry
Posted by Preet on February 17th, 2020
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global allergy care market during the historical period of 2013 – 2017. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2019, and key prospects over the forecast period 2018 – 2027.
Worldwide prevalence of allergic ailments continues to rise, with growing sensitization rates to common allergens, particularly among children. In the U.S. alone, allergies are sixth-leading cause of chronic diseases, with an annual allergy healthcare cost of over US$ 18 billion, according to the Centers for Disease Control and Prevention (CDC). A recent study of Fact.MR foresees allergy care market to continue on its steady trajectory, to exceed revenues worth US$ 5,500 Mn in 2018.
The allergy care market is expected to remain consolidated among Tier 1 players, who currently account for approximately 75% share. While these players are focusing on expansion in manufacturing facilities and strategic alliances with regional distributors, small and mid-sized players are eyeing partnerships with local players and strengthening their regional presence.
After reading the allergy care market report, readers get insight into:
The allergy care market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise:
Request Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=2382
The evaluation of the competitive landscape in the allergy care market covers the profile of the following top players:
To expand the understanding of opportunities in the global allergy care market report looks at close quarters into the opportunities and new avenues in following key segments:
Emphasis on Telemedicine for Improving Clinical Outcomes
Healthcare specialists are focusing on allergies are using telemedicine in a bid to enhance clinical outcomes, and reduce travel issues associated with the affected individuals, according to the American College of Allergy, Asthma and Immunology (ACAAI). Designed for providing high-quality care, telemedicine services make effort to gather complete and accurate information clinical information of allergic patients.
Use of telemedicine for allergy care is expected to increase in line with broader application of telehealth in medicine. Several allergists currently perform initial visits by telemedicine for determining requirement of in-office testing. According to the ACAAI, telemedicine holds immense potential in reducing cost for immunologists and allergists alike.
A streamlined process for the multistate licensure is vital for expansion of the telemedicine allergy care. This would further facilitate access to specialty care, allow governments to retain regulatory authority and individual licensing. Current focus is on implementation of a standardized, explicit codes for enabling practitioners in seeking reimbursement for virtual encounters.
Scientists who study immune system have commenced understanding root cause of allergies, working on next-generation therapies to eliminate allergies right from their tracks. Several allergy therapies are becoming more specific and customizable with respect to patients.
In addition to understanding the demand patterns of various end users, the report on the allergy care market also enumerates trends expected to attract investments by other various associated industries.
On the basis of product types, the allergy care market report offers insight into major adoption trends for the following segments:
The global allergy care market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.
Some important questions that the allergy care market report tries to answer exhaustively are:
Like it? Share it!
About the AuthorPreet
Joined: July 11th, 2019
Articles Posted: 812
More by this author