Allergy Care Market Expected to Witness the Highest Growth during the Forecast Period 2018-2027

Dublin, Ireland, 2020-Jan-20 — /EPR Network/ — Global Allergy Care Market – A Report by Fact.MR

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global allergy care market. The allergy care market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the allergy care market report elaborates the market behavior of each vendor operating in the allergy care market.

The allergy care market report considers the following years to present the overall market growth:

• History Year: 2013-2017
• Base Year: 2013
• Estimated Year: 2027
• Forecast Year: 2018 – 2027

Key findings of the allergy care market study:

• Regional breakdown of the allergy care market based on predefined taxonomy.
• Innovative manufacturing processes implemented by allergy care market vendors in detail.
• Region-wise and country-wise fragmentation of the allergy care market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global allergy care market.

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.

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On the basis of product type, the allergy care market study consists of:

• Nasal Spray
• Antihistamine Medication
• Eye Drops

On the basis of form, the allergy care market study incorporates:

• Tablets/ Gels / Pills
• Sprays
• Liquids

On the basis of region, the allergy care market study contains:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico)
• Europe (U.K., Germany)
• APEJ (China, India)

Key players analyzed in the allergy care market study:

• Johnson & Johnson Inc.
• Bayer AG
• Abbott Laboratries
• Merck Ltd.
• Sanofi-Aventis U.S. LLC
• GlaxoSmithKline plc.
• Pfizer Inc.
• Novartis AG
• Mylan N.V.
• Spirit Pharmaceuticals LLC.

Queries addressed in the allergy care market report:

• How has the global allergy care market grown over the historic period of 2013-2017?
• Why are the allergy care market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global allergy care market?
• Which regions are displaying the fastest growth in the allergy care market?
• What are the underlying micro- macroeconomic factors affecting the global allergy care market?

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