Grass Pollen Allergy Treatment Market
Grass Pollen Allergy Treatment Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Global Grass Pollen Allergy Treatment Market: By Drug Class (Anti-histamines, Steroids, Beta-agonists, Immunotherapy Drugs), By Route of Administration (Oral, Parenteral, Inhalation), By Distribution Channel (Hospital Pharmacies, retail Pharmacies, Online Pharmacies), and Geography –Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Global grass pollen Allergy Treatment market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over the 2018 to 2024.
Market Outline: Global Grass Pollen Allergy Treatment Market
Pollens are the tiny particles released by plants, trees, and grasses as a part of reproductive cycle in summer and spring seasons. Pollens inhaled by animals and humans can cause inflammation and irritation. Hay fever and allergic rhinitis are the commonly caused allergies due to grass pollen. Symptoms associated with grass pollen Allergy Treatment include running or blocked nose, frequent sneezing, itchy throat and nose among others.
Market Dynamics: Global Grass Pollen Allergy Treatment Market
Rise in prevalence of grass pollen allergy treatment especially hay fever, increase in R&D for innovation of newer drugs for gross pollen allergy treatment, promising pipeline drugs for the treatment, rise in adoption of ornamental crops and grass farming in the residential areas, and grow in healthcare expenditure are anticipated to fuel the global grass pollen allergy treatment market over the forecast years. However, lack of permanent treatment for grass pollen allergy treatment and less number of existed drugs in the market are expected to restrain the growth of global grass pollen market.
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Market Scope: Global Grass Pollen Allergy Treatment Market
Grass pollen allergy treatment market is segmented on the basis of drug class, route of administration, and distribution channel
Based on the drug class, the market is segmented into the following:
• Anti-histamines
• Steroids
• Beta-agonists
• Immunotherapy Drugs
Based on the route of administration, the market is segmented into the following:
• Oral
• Parenteral
• Inhalation
Based on the distribution channel, the market is segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
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Regional Analysis: Global Grass Pollen Allergy Treatment Market
Geographically, global grass pollen allergy treatment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America grass pollen allergy treatment market is poised to grow at healthy growth rate owing to rise in funding for the research activities, frequent launching of newer drugs, and government initiations for the grass pollen allergy treatment are witnessed to propel the market. Europe grass pollen allergy treatment market has lucrative growth attributed to increase in the incidence of grass pollen allergies, adoption newer therapeutic drugs, and increase in healthcare expenditure are anticipated to bolster the market. However, Asia Pacific grass pollen allergy treatment market is poised to grow due to entry of market players into Asia Pacific countries, increase in the agriculture farming leads to rise in prevalence of grass pollen allergies, and rise in R&D expenditure expected to create demand for pollen allergy treatment market.
Competition Assessment: Global Grass Pollen Allergy Treatment Market
Some of the players in the global grass pollen allergy treatment market include:
• Allergy Treatment Therapeutics Plc (UK)
• ALK-Abello A/S (Denmark)
• Biomay AG (Austria)
• Circassia Holdings Ltd. (UK)
• Allergopharma Joachim Ganzer KG (Germany)
• Anergis SA (Switzerland)
• Laboratorios LETI S.L (Spain)
• HAL Allergy Treatment BV (Netherlands)
• Regeneron Pharmaceuticals Inc (U.S.)
• ASIT Biotech SA (Belgium)
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Notable Market Developments: Grass Pollen Allergy Treatment Market
• In February 2018, ASIT Biotech raised € 13.9 Mn funding for the Phase III clinical development of gp-ASIT+ used for grass pollen rhinitis
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