Allergy Treatment Market Report 2025

The allergy treatment market size has grown strongly in recent years. It will grow from $23.09 billion in 2024 to $24.83 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increasing prevalence of allergies, increasing importance of self-medication, rise in healthcare spending, growing number of patients with various types of allergies.

The allergy treatment market size is expected to see strong growth in the next few years. It will grow to $33.21 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to patient-centric approaches, expansion of over-the-counter (OTC) allergy medications, globalization and urbanization, rising environmental pollution, growing access to health insurance. Major trends in the forecast period include improved diagnostic technologies, advancements in immunotherapy, technological innovations in drug delivery, collaborations between pharmaceutical companies, rising investments by manufacturers on the development of novel allergic treatments.

The increasing prevalence of allergic conditions is expected to drive the growth of the allergy treatment market in the future. An allergic condition occurs when the immune system overreacts to an allergen, which is typically a harmless substance. Allergy treatments include both nonprescription and prescription medications that help individuals identify and avoid various allergy triggers, thereby preventing allergic reactions, alleviating symptoms, reducing the severity of allergies, and enhancing overall well-being. For example, in April 2024, Allergy UK, a national charity based in the UK, reported that over 21 million people in the UK are affected by allergies, making them the most commonly reported chronic health condition in 2022. Projections suggest that by 2026, half of Europe's population will experience at least one allergy. Therefore, the increasing prevalence of allergic conditions is propelling the growth of the allergy treatment market.

The rise in environmental pollution is anticipated to boost the growth of the allergy treatment market in the coming years. Environmental pollution involves the introduction of contaminants and harmful substances into the natural environment, leading to negative effects on ecosystems, living organisms, and the overall quality of air, water, and soil. An increase in environmental pollutants raises individuals' vulnerability to allergic conditions, thereby intensifying the demand for effective allergy treatments. For instance, in June 2024, data published by the Office for National Statistics, a national statistical institute in the UK, indicated that UK greenhouse gas emissions increased by 1.2% from 2021 to 2022, reaching 506 million tonnes of carbon dioxide equivalent. Consumer expenditure accounted for 24.6% of these emissions, making it the largest contributor, followed by the energy sector at 16.4%. Therefore, the growing environmental pollution is driving the growth of the allergy treatment market.

Technological advancements stand out as a prominent and increasingly favored trend within the allergy treatment market. Key players in this market segment are embracing novel technologies to fortify their positions. In a notable instance, Metropolis Healthcare Limited launched AI-powered allergy component testing in May 2023, utilizing Component Resolved Diagnostics (CRD). This innovative testing method leverages artificial intelligence (AI) to assist physicians in making informed clinical decisions, providing crucial insights for optimizing personalized allergic disease treatment plans. Anchored by a nanotechnology-driven multiplex system, this approach identifies specific IgE antibodies against 295 distinct allergens through a straightforward blood test. It furnishes insights related to 158 food allergens, ten contact allergens, and 127 respiratory allergens.

Prominent entities operating within the allergy treatment market are actively involved in developing innovative products, notably nasal sprays, aimed at expanding their consumer base, driving sales, and augmenting revenue streams. Nasal sprays are liquid mist formulations administered through a spray mechanism into the nostrils. For instance, in August 2022, Hikma Pharmaceuticals PLC introduced RYALTRIS. This unique treatment solution caters to both adult and pediatric patients aged 12 and above, specifically targeting symptoms associated with seasonal allergic rhinitis (SAR). Distinguished as the sole fixed-dose combination therapy effectively addressing nasal and ocular SAR symptoms, RYALTRIS offers the convenience of a single nasal spray solution. Its standout attribute lies in delivering swift relief, noticeable nasal symptom improvement observed within a mere 15 minutes after the initial dose.

In January 2022, LifeMD Inc., a US-based telehealth technology company operating in the direct-to-patient space, successfully acquired Cleared for an undisclosed amount. This strategic acquisition is poised to broaden LifeMD's telehealth capabilities, enabling the company to extend its services from addressing lifestyle conditions to encompassing chronic illnesses with substantial market demand. Cleared, based in the United States, specializes in providing personalized care for allergies, asthma, and immunology.

Major companies operating in the allergy treatment market include Pfizer Inc., Johnson and Johnson, Allergy Therapeutics PLC, F. Hoffmann-La Roche Ltd, AbbVie Inc., Novartis AG, Merck & Co. Inc., Sanofi S.A., Thermo Fisher Scientific Inc., AstraZeneca, GlaxoSmithKline PLC, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Regeneron Pharmaceuticals, Bausch Health Companies Inc., Teva Pharmaceutical Industries Ltd., Almirall S.A, Akorn Operating Company LLC, Alembic Pharmaceuticals Limited, ALK-Abelló A/S, Stallergenes Greer International AG, Adamis Pharmaceuticals, HollisterStier Allergy, Leti Pharma SL.

North America was the largest region in the allergy treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the allergy treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the allergy treatment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Allergy treatment encompasses interventions designed to manage and alleviate allergic reactions and symptoms triggered by hypersensitivity to specific allergens. These treatments aim to mitigate or eliminate symptoms, improve overall quality of life, and prevent or reduce the occurrence of future allergic responses.

The primary modalities of allergy treatment include anti-allergy drugs and immunotherapy. Anti-allergic drugs are medications that prevent or alleviate allergic reactions, commonly used to treat symptoms arising from allergies by reducing or blocking histamines. Various types of allergies, such as eye allergy, skin allergy, food allergy, asthma, rhinitis, and others, may require different routes of administration, including oral, parenteral, nasal, among others. These treatments are distributed through channels such as hospital pharmacies, retail pharmacies, online retailers, catering to end-users such as hospitals, specialty clinics, home care, and others.

The allergy treatment market research report is one of a series of new reports that provides allergy treatment market statistics, including allergy treatment industry global market size, regional shares, competitors with an allergy treatment market share, detailed allergy treatment market segments, market trends and opportunities, and any further data you may need to thrive in the allergy treatment industry. This allergy treatment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The allergy treatment market consists of revenues earned by entities by providing various therapies such as adjunct therapy, investigational therapies, immune modulation, immunotherapy (OIT), and sublingual immunotherapy (SLIT). The market value includes the value of related goods sold by the service provider or included within the service offering. The allergy treatment market also includes sales of nasal corticosteroids, antihistamines mast cell stabilizers, decongestants, corticosteroid creams or ointments, oral corticosteroids, and epinephrine. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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