Global Allergic Rhinitis Market to grow at a CAGR of 0.95% during the period 2016 - 2020; Finds New Report

Report forecast the global allergic rhinitis market to grow at a CAGR of 0.95% during the period 2016-2020.

Allergic rhinitis is caused by the interaction of airborne allergens with specific immunoglobulin E (IgE) type antibodies on the surface of mast cells. This interaction causes mast cells to release and synthesize chemicals, causing inflammation of the surrounding tissues. Typical symptoms include rhinorrhea, nasal itching, sneezing, and nasal congestion.

Extranasal symptoms such as allergic conjunctivitis, itchy ears and palate, and asthma may also occur. Allergic rhinitis is treated using medications such as antihistamines, intranasal corticosteroids, or immunotherapies. Alternative forms of treatment are also employed in certain cases.

The report covers the present scenario and the growth prospects of the global allergic rhinitis drugs market for the period 2016-2020. To calculate the market size, it considers revenue generated from the sales of prescription and off-label drugs used to treat allergic rhinitis.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe

According to the report, the rising prevalence of allergic rhinitis worldwide to play a major role in the growth of the market during the forecast period. Exposure to pollutants in the atmosphere such as vehicular emissions, pollen, or animal dander is a major cause for the rise in the incidence of allergic rhinitis. A decline in the air quality of major cities worldwide is also expect to lead to a rise in the number of people with the condition. An increase in tobacco usage also propels market growth.

Further, the report states that patent expiries of major drugs is however, expected to hinder the growth of the market.

Global Allergic Rhinitis Drugs Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Allergic Rhinitis Drugs Market: AstraZeneca, GlaxoSmithKline, Meda Pharmaceuticals, Merck, Sanofi and UCB.

Other Prominent Vendors in the market are: Adamis Pharmaceuticals, Alcon, Alergo Pharma, ALK-Abello, Allergy Therapeutics, Almirall, Ampio, Anergis, Apotex, Ares Life Sciences, Array BioPharma, Aspen Pharmacare, Atopix Therapeutics, Barr Laboratories, Belcher Pharmaceuticals, Circassia Pharmaceuticals, Dainippon Sumitomo, DBV Technologies, Dr Reddy's Laboratories, Eddingpharm, Genentech, Greer Laboratories, Hanmi Pharmaceuticals, Hisamitsu Pharmaceutical, Intas Pharmaceuticals, Kyowa Hakko, Lupin Pharmaceuticals, Mitsubishi Tanabe Pharma, Mylan, Nektar Therapeutics, Novartis, Nuvo Research, Nycomed, Omega Pharma, Ono Pharmaceuticals, Pfizer, Revance Therapeutics, Roxane Laboratories (Boehringer Ingelheim), Shionogi, Stallergenes, Sun Pharmaceuticals, Takeda, Teva Pharmaceuticals, Verona Pharma, and VentiRx Pharmaceuticals.

Market driver

• Increased prevalence of allergic rhinitis
• For a full, detailed list, view our report

Market challenge

• Patent expiries and competition from generic drugs
• For a full, detailed list, view our report

Market trend

• Increased R&D
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 90 pages and 75 Exhibit “Global Allergic Rhinitis Drugs Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Overview: Allergic rhinitis, Pipeline analysis, Market segmentation based on class of drugs, Market segmentation by route of administration, Market segmentation by dosage form, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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