Top Trends In 7 Key Latin America Hotspots

Feb 14, 2019 (Heraldkeeper via COMTEX) -- Market Research Future (MRFR)'s latest report reveals that the Global Allergy Immunotherapy Market is set to exhibit a steep rise in growth registering a CAGR of 10.85% during the forecast period 2017 to 2023. The market has been estimated to reach a valuation of USD 4,324.7 Mn by the end of 2023. The widespread prevalence of allergies has fueled demand in the allergy immunotherapy market. The trend is anticipated to perpetuate over the next couple of years. According to a report published by the World Health Organization (WHO), approximately 10-40% of the population was suffering from allergy in 2013.

Key Players for Global Allergy Immunotherapy Market

Market Research Future (MRFR) recognizes the following companies as the key players in Allergy Immunotherapy Market: There are plenty of large and small market players which operate in this market all over the globe.

Some of the key players profiled in the report are ALK Abello A/S (Denmark), DBV Technologies (France), Stallergenes Greer (UK), HAL Allergy Group (Netherlands), Allergy Therapeutics (UK), Merck KGaA (Allergopharma) (Germany), and Circassia (UK) among others.

To Get Sample Report visit

Market Drivers

The increasing patient pool coupled with the availability of advanced allergy treatment procedures has augured well for the players of the allergy immunotherapy market. The market is expected to remain highly lucrative in the foreseeable future, and the increased investments in clinical trials and research & development activities are set to catapult the market on an upward trajectory.

The developing healthcare sector in emerging markets in Latin America, Asia, etc. are anticipated to steer the growth of the allergy immunotherapy market. Other favorable factors encouraging the growth of the market include increasing awareness of the treatment, technological advancement, growth strategies of major players, etc.

Industry Developments:

In August 2018, Arrayit Corporation, life sciences, and personalized medicine company announced its partnership with multiple providers of allergen immunotherapy products for allergy testing to treat patients with allergy and asthma.

In August 2018, Astria Sunnyside Hospital announced the availability of an allergy testing and treatment program. Allergy treatment options being offered at the hospital include sublingual immunotherapy and regular allergy shots.

Segments for Global Allergy Immunotherapy Market

By allergy type, the global allergy immunotherapy market has been segmented into allergic rhinitis, allergic asthma, peanut allergy, cat allergy, and other allergies. The allergic rhinitis segment currently accounts for a dominant share of the market. Meanwhile, the peanut allergy segment is estimated to register a CAGR of 11.3%.

By treatment, the allergy immunotherapy market is segmented into Subcutaneous Immunotherapy (SCIT), sublingual immunotherapy, and Specific Immunotherapy (SIT). The Subcutaneous Immunotherapy (SCIT) segment holds the largest share of the market and is projected to reach a valuation of USD 2,089.2 by 2023.

Regional Analysis for Global Allergy Immunotherapy Market

By region, the global allergy immunotherapy market has been segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Europe accounts for the maximum share of the market and is expected to retain a significant share of the market towards the end of the assessment period. Led by Western Europe, the factors favoring the growth of the regional market are increasing patient pool, rising healthcare expenditure, etc.

Americas market is estimated to reach a valuation of USD 1,409.6 Mn by 2023. The growth is attributable to the increasing awareness regarding treatment of allergies and high prevalence of allergic rhinitis & skin allergy.

To Browse Complete Report visit

Asia Pacific is projected to register a CAGR of 11.32% during the forecast period. Meanwhile, the U.A.E. currently holds 53.5% share of the Middle East & Africa market and resonates strong opportunities for growth.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Market Research Future

Hadapsar, Pune - 411028

Maharashtra, India

Phone: +1 646 845 9312

Email: [email protected]

From MarketWatch

Source :

Allergy Immunotherapy Market Size Expansion 4,324.7 Mn till 2023 - by Recent Trends, Top Companies Growth Analysis, Share Valuations and Demand
13 Million Annual Cannabis Users and a $9.8B USD Cannabis Market in Latin America
Global Platelet Rich Plasma (PRP) Market | Recent Trends, Growth Factors and Business Development Strategy 2019-2028
Joel Cohen: Top 10 key population trends on Earth with 7 billion
Global Dust Mite Controller market trends and forecast by 2026 just published
Global Food Safety Testing Market Analysis by Top Key Vendors, Size, Shares, Trends, Revenue and Outlook 2019- 2025
7 reasons to choose Latin America for your dev outsourcing
Cannabis Businesses Eye Latin America in Effort to Reduce Costs
Scooter Market Growth Insight by 2025:Top Key Vendors Like- Cougar, Enpex, Ugin, Witess, Snooby, 21 Scooter, Dchong, Duomier, Playshion
Drilling Fluids Market 2018 Top 10 Companies, Industry Analysis, Material Trends, Business Development, Consumption Status
[LIMITED STOCK!] Related eBay Products