Global Allergy And Immunology Market
Global Allergy and Immunology Market, By Treatment Type (Subcutaneous Immunotherapy (SCIT), Sublingual Immunotherapy (SLIT)) By Allergy Type (Allergic Rhinitis, Allergic Asthma, Other Allergies), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy),By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: September 2021
- Report ID: BWC2173
- Available Format: PDF
- Page: 197
Report Overview
The global allergy & immunology market is gaining traction because of factors such as the growing prevalence of allergic disorders, and increasing air pollution. Additionally, extensive research and development activities for effective control and treatment of allergies is also favoring the market growth.Global Allergy & Immunology Market- Industry Trends & Forecast Report 2027
The global allergy & immunology market was worth USD 2.1 billion in 2020 and is forecast to reach USD 4.5 billion by 2027, growing at a CAGR of 11.2% in the forecast period. The growth of the global allergy & immunology market is attributable to factors such as the growing prevalence of allergic disorders, increasing air pollution, and the emergence of various diagnosis procedures for allergies. Furthermore, the increasing prevalence of allergies, especially in western countries, is boosting research and development activities for effective control and treatment, driving the growth of the allergy & immunology market.
Source: BlueWeave Consulting
Global Allergy & Immunology Market- Overview
An allergy occurs when the body reacts to a substance in the environment that is harmless to others. It is a condition in which the body's immune system responds to a harmless foreign substance, also known as allergens. Many substances, such as dust, mold, pollen, etc., can cause allergic reactions in people, including frequent wheezing, itchiness, runny noses, itchy eyes, etc. Immunology is the study of the immune system and how it protects the body against infectious diseases.
Global Allergy & Immunology Market Forecast and Trends
Growth Drivers
Increasing Prevalence of Food Allergies in Developed Countries
Food allergies are becoming more common over the world, particularly in Western countries. According to estimates, food allergies affect roughly 7% of children in the United Kingdom, 9% of people in Australia, and 2% of adults in Europe. Allergies are usually not fatal. However, food allergies raise dietary restrictions, which can induce worry and anxiety in people. As a result, the demand for allergy treatments is increasing at a high rate, propelling the growth of the global market.
Expanding Research and Development Activities Regarding Allergy and Immunology
The research institutes and pharmaceutics companies are aggressively engaging in research and development activities towards finding the root causes of allergies, symptom patterns and developing their treatment. Such developments are expected to boost the demand for allergy and immunotherapy in the upcoming years. For example, a new study report published in Pediatric Allergy and Immunology investigates patterns of clinical symptoms and comorbidities in children with allergic rhinitis. Such research aids in optimizing treatments by providing a deeper understanding of allergies and their patterns in distinct demographics.
Restraints
Lack of Awareness Towards Allergy and Immunotherapy
Allergies often result from immune responses to certain substances that do not cause any life-changing symptoms. As a result, most allergic people do not seek medical treatment for allergies. The lack of awareness among people regarding allergy treatment and immunotherapy is one of the major restraining factors for the global allergy & immunology market. Moreover, the symptoms of allergies can easily be confused with those of other problems, such as common cold, sore throat, etc., hindering the market growth.
Impact of COVID-19 on Global Allergy & Immunology Market
The COVID-19 pandemic had little impact on the global allergy & immunology market. The COVID-19 lockdown affected several industries, completely disrupting their production and supply channels, resulting in losses. Allergy& immunology market belongs to the pharmaceutical sector, which was under essential services throughout the pandemic. Thus, despite the lockdown, the industry was able to function at full capacity, which kept the market going. Furthermore, research and development activities flourished significantly and pharmaceutical companies strengthened their online distribution channel, which significantly proliferated the growth of the global allergy & immunology market despite the pandemic.
Global Allergy & Immunology Market - By Treatment Type
Based on treatment types, the global allergy & immunology market is segmented into subcutaneous immunotherapy(SCIT) and sublingual immunotherapy (SLIT). In terms of revenue, the subcutaneous immunotherapy (SCIT) segment dominates the market since it is highly effective for polyallergic patients and also provides lasting protection against asthma. SCIT also can prevent the onset of allergies and asthma. That is why the SCIT segment is growing at a high rate. Furthermore ,the growth of the SCIT segment is also being influenced by increasing research activities.
Global Allergy & Immunology Market - By Allergy Type
Based on allergy types, the global allergy & immunology market is segmented into allergic rhinitis, allergic asthma, and other allergies. Among these, the allergic rhinitis segment holds the largest market share. Allergic rhinitis is often characterized by symptoms such as frequent sneezing or running nose. According to an estimate, around 10 to 30% of US adults and about 40% of children are affected by allergic rhinitis. The high demographic is a significant force behind the rapid growth of the segment.
Global Allergy & Immunology Market - Regional Insights
Geographically, the global allergy & immunology market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Europe accounts for the largest share in the market, followed by North America. Researchers claim that allergies are more prevalent in developed countries due to western lifestyles. Because European countries such as Germany, Italy, and Norway are prone to allergies, Europe dominates the global allergy & immunology market. The US also has a strong prevalence of varying degrees of food allergies, which is why North America also represents a substantial share of the market.
Competitive Landscape
The leading players in the global allergy & immunology market are ALK-Abello A/S, Teva Pharmaceutical Industries, AbbVie Inc., Stallergenes Greer PLC, Allergy Therapeutics, Sanofi SA, Anacor Pharmaceuticals Inc., Novartis International AG, AstraZeneca, Merck KGaA, F. Hoffmann-La Roche Ltd, Leti Pharma, Galderma SA, Johnson & Johnson, GlaxoSmithKline PLC, Circassia, DESENTUM OY, HAL Allergy B.V., Mylan N.V., and other prominent players.
The global allergy & immunology market is highly consolidated with the presence of several global as well as regional industry players. Market participants have been continually investing in R&D activities to develop treatments that alleviate various types of allergy symptoms. Furthermore, the adoption of competitive strategies like partnerships, mergers, collaborations, acquisitions is also very prominent in this market.
Recent Developments
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In June 2021, Immune ID, Inc., a precision immunology company, announced to have raised USD 50 million in Series A financing, which is aimed towards advancements in the treatment of autoimmune diseases, severe allergies, infectious diseases, and cancer.
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In June 2021, Bayer, a German Pharmaceutics company, announced that it received US FDA approval for Astepro Allergy as an over-the-counter (OTC) product for allergy relief.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2017-2020 |
Base Year – 2020 |
|
Forecast – 2021 – 2027 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product Service/Segmentation |
By Treatment Type, By Allergy Type, By Distribution Channel, By Region |
Key Players |
ALK-Abello A/S, Teva Pharmaceutical Industries, AbbVie Inc., Stallergenes Greer PLC, Allergy Therapeutics, Sanofi SA, Anacor Pharmaceuticals Inc., Novartis International AG, AstraZeneca, Merck KGaA, F. Hoffmann-La Roche Ltd, Leti Pharma, Galderma SA, Johnson & Johnson, GlaxoSmithKline PLC, Circassia, DESENTUM OY, HAL Allergy B.V., Mylan N.V., and other prominent players. |
By Treatment Type
-
Subcutaneous Immunotherapy (SCIT)
-
Sublingual Immunotherapy (SLIT)
-
Tablets
-
Drops
By Allergy Type
-
Allergic Rhinitis
-
Allergic Asthma
-
Other Allergies
By Distribution Channel
-
Hospital Pharmacy
-
Retail Pharmacy
-
Online Pharmacy
By Region
-
North America
-
Europe
-
The Asia-Pacific
-
Latin America
-
Middle East & Africa
- Research Framework
- Research Objective
- Product Overview
- Key Market Segments
- Research Methodology
- Qualitative Research
- Methodology
- Regional Split of Primary & Secondary Research
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Breakdown of Primary Research Respondents, By Industry Participants
- Market Size Estimation
- Assumptions for the Study
- Market Breakdown & Data Triangulation
- Executive Summary
- Industry Insight and Growth Strategy
- Value Chain Analysis
- DROC Analysis
- Market Drivers
- Increasing Prevalence of Food Allergies In Developed Countries
- Expanding Research and Development Activities Regarding Allergy and Immunology
- Market Restraints
- Lack of Awareness Towards Allergy and Immunotherapy
- Market Challenges
- High Cost of Allergy Treatment
- Market Opportunity
- Increasing Prevalence of Autoimmune diseases
- Availability of Wide Range of Allergy Treatment Drugs
- Market Drivers
- Recent Developments
- Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Intensity of Rivalry
- Threat of New Entrants
- Threat of Substitutes
- Global Allergy & Immunology Market Overview
- Market Size & Forecast by Value, 2017-2027
- Market Size and Forecast, By Segment
- By Treatment Type
- Subcutaneous Immunotherapy (SCIT)
- Sublingual Immunotherapy (SLIT)
- Tablets
- Drops
- By Allergy Type
- Allergic Rhinitis
- Allergic Asthma
- Other Allergies
- By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- By Region
- North America
- Europe
- The Asia-Pacific
- Latin America
- The Middle East &Africa
- By Treatment Type
- North America Allergy & Immunology Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Treatment Type
- By Allergy Type
- By Distribution Channel
- By Country
- U.S.
- Canada
- Market Size and Forecast
- Europe Allergy & Immunology Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Treatment Type
- By Allergy Type
- By Distribution Channel
- By Country
- Germany
- U.K.
- Russia
- France
- Italy
- Spain
- Rest of Europe
- Market Size and Forecast
- APAC Allergy & Immunology Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Treatment Type
- By Allergy Type
- By Distribution Channel
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
- Market Size and Forecast
- LATAM Allergy & Immunology Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Treatment Type
- By Allergy Type
- By Distribution Channel
- By Country
- Mexico
- Brazil
- Rest of LATAM
- Market Size and Forecast
- MEA Allergy & Immunology Market Overview
- Market Size and Forecast
- By Value (USDBillion), 2020-2027
- Market Share and Forecast
- By Treatment Type
- By Allergy Type
- By Distribution Channel
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- Market Size and Forecast
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis (2020)
- Competitive Benchmarking By Operating Parameters
- Impact of COVID-19 on Global Allergy & Immunology Market
- Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- ALK-Abello A/S
- Teva Pharmaceutical Industries
- AbbVie Inc.
- Stallergenes Greer PLC
- Allergy Therapeutics
- Sanofi SA
- Anacor Pharmaceuticals Inc.
- Novartis International AG
- AstraZeneca
- Merck KGaA
- F. Hoffmann-La Roche Ltd
- Leti Pharma
- Galderma SA
- Johnson & Johnson
- GlaxoSmithKline PLC
- Circassia
- DESENTUM OY
- HAL Allergy B.V.
- Mylan N.V.
- Other Prominent Players
- Key Strategic Recommendations
List of Figures
Figure 1: Global Allergy & Immunology Segmentation
Figure 2: Global Allergy & Immunology Market Value Chain Analysis,
Figure 3: Company Market Share Analysis, 2020
Figure 4: Global Allergy & Immunology Market Size, By Value (USD Billion), 2020-2027
Figure 5: Global Allergy & Immunology Market Share (%), By Treatment Type, By Value, 2020-2027
Figure 6: Global Allergy & Immunology Market Share (%), By Allergy Type, By Value, 2020-2027
Figure 7: Global Allergy & Immunology Market Share (%), By Distribution Channel, By Value, 2020-2027
Figure 8: Global Allergy &Immunology Market Share (%), By Region, By Value, 2020-2027
Figure 9: North America Allergy & Immunology Market Size, By Value (USD Billion), 2020-2027
Figure 10: North America Allergy & Immunology Market Share (%), By Treatment Type, By Value, 2020-2027
Figure 11: North America Allergy & Immunology Market Share (%), By Allergy Type, By Value, 2020-2027
Figure 12: North America Allergy & Immunology Market Share (%), By Distribution Channel, By Value, 2020-2027
Figure 13: North America Allergy & Immunology Market Share (%), By Country, By Value, 2020-2027
Figure 14: Europe Allergy & Immunology Market Size, By Value (USD Billion), 2020-2027
Figure 15: Europe Allergy & Immunology Market Share (%), By Treatment Type, By Value, 2020-2027
Figure 16: Europe Allergy & Immunology Market Share (%), By Allergy Type, By Value, 2020-2027
Figure 17: Europe Allergy & Immunology Market Share (%), By Distribution Channel, By Value, 2020-2027
Figure 18: Europe Allergy & Immunology Market Share (%), By Country, By Value, 2020-2027
Figure 19: the Asia-Pacific Allergy & Immunology Market Size, By Value (USD Billion), 2020-2027
Figure 20: the Asia-Pacific Allergy & Immunology Market Share (%), By Treatment Type, By Value, 2020-2027
Figure 21: the Asia-Pacific Allergy & Immunology Market Share (%), By Allergy Type, By Value, 2020-2027
Figure 22: the Asia-Pacific Allergy & Immunology Market Share (%), By Distribution Channel, By Value, 2020-2027
Figure 23: the Asia-Pacific Allergy & Immunology Market Share (%), By Country, By Value, 2020-2027
Figure 24: Latin America Allergy & Immunology Market Size, By Value (USD Billion), 2020-2027
Figure 25: Latin America Allergy & Immunology Market Share (%), By Treatment Type, By Value, 2020-2027
Figure 26: Latin America Allergy & Immunology Market Share (%), By Allergy Type, By Value, 2020-2027
Figure 27: Latin America Allergy & Immunology Market Share (%), By Distribution Channel, By Value, 2020-2027
Figure 28: Latin America Allergy & Immunology Market Share (%), By Country, By Value, 2020-2027
Figure 29: Middle East & Africa Allergy & Immunology Market Size, By Value (USD Billion), 2020-2027
Figure 30: Middle East & Africa Allergy & Immunology Market Share (%), By Treatment Type, By Value, 2020-2027
Figure 31: Middle East & Africa Allergy & Immunology Market Share (%), By Allergy Type, By Value, 2020-2027
Figure 32: Middle East & Africa Allergy & Immunology Market Share (%), By Distribution Channel, By Value, 2020-2027
Figure33: Middle East & Africa Allergy & Immunology Market Share (%), By Region, By Value, 2020-2027
List of Tables
Table 1: Global Allergy & Immunology Market Size, By Treatment Type, By Value, 2020-2027
Table 2: Global Allergy & Immunology Market Size, By Allergy Type, By Value(USD Billion), 2020-2027
Table 3: Global Allergy & Immunology Market Size, By Distribution Channel, By Value(USD Billion), 2020-2027
Table 4: Global Allergy & Immunology Market Size, By Region, By Value(USD Billion), 2020-2027
Table 5: North America Allergy & Immunology Market Size, By Treatment Type, By Value (USD Billion), 2020-2027
Table 6: North America Allergy & Immunology Market Size, By Allergy Type, By Value (USD Billion), 2020-2027
Table 7: North America Allergy & Immunology Market Size, By Distribution Channel, By Value (USD Billion), 2020-2027
Table 8: North America Allergy & Immunology Market Size, By Country, By Value (USD Billion), 2020-2027
Table 9: Europe Allergy & Immunology Market Size, By Treatment Type, By Value (USD Billion), 2020-2027
Table 10: Europe Allergy & Immunology Market Size, By Allergy Type, By Value (USD Billion), 2020-2027
Table 11: Europe Allergy & Immunology Market Size, By Distribution Channel, By Value (USD Billion), 2020-2027
Table 12: Europe Allergy & Immunology Market Size, By Country, By Value (USD Billion), 2020-2027
Table 13: the Asia-Pacific Allergy & Immunology Market Size, By Treatment Type, By Value (USD Billion), 2020-2027
Table 14: the Asia-Pacific Allergy & Immunology Market Size, By Allergy Type, By Value (USD Billion), 2020-2027
Table 15: the Asia-Pacific Allergy & Immunology Market Size, By Distribution Channel, By Value (USD Billion), 2020-2027
Table 16: the Asia-Pacific Allergy & Immunology Market Size, By Country, By Value (USD Billion), 2020-2027
Table 17: Latin America Allergy & Immunology Market Size, By Treatment Type, By Value (USD Billion), 2020-2027
Table 18: Latin America Allergy & Immunology Market Size, By Allergy Type, By Value (USD Billion), 2020-2027
Table 19: Latin America Allergy & Immunology Market Size, By Distribution Channel, By Value (USD Billion), 2020-2027
Table 20: Latin America Allergy & Immunology Market Size, By Country, By Value (USD Billion), 2020-2027
Table 21: The Middle-East & Africa Allergy & Immunology Market Size, By Treatment Type, By Value (USD Billion), 2020-2027
Table 22: The Middle-East & Africa Allergy & Immunology Market Size, By Allergy Type, By Value (USD Billion), 2020-2027
Table 23: The Middle-East & Africa Allergy & Immunology Market Size, By Distribution Channel, By Value (USD Billion), 2020-2027
Table 24: The Middle-East & Africa Allergy & Immunology Market Size, By Country, By Value (USD Billion), 2020-2027
Table 25: ALK-Abello A/S Financial Analysis
Table 26: ALK-Abello A/S Business Overview
Table 27: Teva Pharmaceutical Industries Financial Analysis
Table 28: Teva Pharmaceutical IndustriesBusiness Overview
Table 29: AbbVie Inc. Corporation Financial Analysis
Table 30: AbbVie Inc. Corporation Business Overview
Table 31: Stallergenes Greer PLCFinancial Analysis
Table 32: Stallergenes Greer PLC Business Overview
Table 33: Allergy Therapeutics Financial Analysis
Table 34: Allergy Therapeutics Business Overview
Table 35: Sanofi SA Financial Analysis
Table 36: Sanofi SA Business Overview
Table 37: Anacor Pharmaceuticals Inc. Financial Analysis
Table 38: Anacor Pharmaceuticals Inc. Business Overview
Table 39: Novartis International AG Financial Analysis
Table 40:Novartis International AG Business Overview
Table 41: AstraZeneca Financial Analysis
Table 42: AstraZeneca Business Overview
Table 43: Merck KGaAFinancial Analysis
Table 44: Merck KGaA Business Overview
Table 45: F. Hoffmann-La Roche LtdFinancial Analysis
Table 46: F. Hoffmann-La Roche Ltd Financial Analysis
Table 47: Leti PharmaFinancial Analysis
Table 48: Leti Pharma Financial Analysis
Table 49: Galderma SA Financial Analysis
Table 50: Galderma SA Financial Analysis
Table 51: Johnson & JohnsonFinancial Analysis
Table 52: Johnson & Johnson Financial Analysis
Table 53: GlaxoSmithKline PLCFinancial Analysis
Table 54: GlaxoSmithKline PLC Financial Analysis
Table 55: CircassiaFinancial Analysis
Table 56: Circassia Financial Analysis
Table 57: DESENTUM OYFinancial Analysis
Table 58: DESENTUM OY Financial Analysis
Table 59: HAL Allergy B.V.Financial Analysis
Table 60: HAL Allergy B.V. Financial Analysis
Table 61: Mylan N.V.Financial Analysis
Table 62: Mylan N.V. Financial Analysis
Market Segmentation
By Treatment Type
- Subcutaneous Immunotherapy (SCIT)
- Sublingual Immunotherapy (SLIT)
- Tablets
- Drops
By Allergy Type
- Allergic Rhinitis
- Allergic Asthma
- Other Allergies
By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
By Region
- North America
- Europe
- The Asia-Pacific
- Latin America
- The Middle East & Africa
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