Global Allergy Immunotherapy Market is accounted for $1.74 billion in 2020 and is expected to reach $4.02 billion by 2028 growing at a CAGR of 11.0% during the forecast period. Advancements in sublingual immunotherapy formulations, growth in the prevalence of allergic disorders and strong product pipeline for novel approaches of treatments are driving the market growth.
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By geography, Europe is going to have high growth during the forecast period as it is a home to a large patient pool which is prone to allergies and thus requires high medical attention. Furthermore, the mount in the instances of approvals of allergy drops will further catapult the progression of the market.
Some of the key players profiled in the Allergy Immunotherapy Market include Adamis, Pharmaceuticals Corporation, ALK-Abello A/S, Allergy Therapeutics, ASIT Biotech, Circassia, DBV Technologies SA, DESENTUM OY, HAL Allergy B.V., HollisterStier Allergy, LETIPharma, Merck KGaA, Mylan N.V. and Stallergenes Greer plc.
Allergy Types Covered in Allergy Immunotherapy Market
• Allergic Asthma
• Allergic Conjunctivitis
• Allergic Rhinitis
• Atopic Dermatitis
• Food Allergy
• Pet Allergy
• Venom Allergy
• Other Allergy Types
• House Dust Mites
• Stinging Insect Venom
• Animal Dander
Treatment Types Covered:
• Subcutaneous Immunotherapy (SCIT) (Specific Immunotherapy (SIT))
• Sublingual Immunotherapy (SLIT)
Distribution Channels Covered:
• Institutional Sales
• Retail Sales
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