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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Grass Pollen Allergy Treatment Market By Drug Class, By Route of Administration, By Distribution Channel, and Geography
Grass Pollen Allergy Treatment Market By Drug Class, By Route of Administration, By Distribution Channel, and Geography
Grass Pollen Allergy Treatment Market size was valued at 26,206.6 million in 2022 and is expected to reach 40,192.3 million by 2029, at a CAGR of 6.3% during the forecast period 2023 to 2029. 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. Pollens are microscopic particles emitted by trees, plants, and grasses as part of their reproductive cycle throughout the spring and summer. Pollen is easily swallowed by humans and animals because to its small particles, which can cause considerable irritation and inflammation in some people. Allergic rhinitis, sometimes known as hay fever, is one of the most prevalent allergies induced by grass pollen. According to a study published in 2010 by the American College of Allergy, Asthma & Immunology, around 16.9 million adults and 6.7 million children were diagnosed with hay fever, and the prevalence of the disease is increasing by about 30% in adults and 40% in children. Hay fever symptoms affect 500 million people in the United States and around the world.
Study Period
2024-2030Base Year
2023CAGR
6.3%Largest Market
North-AmericaFastest Growing Market
North America
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.
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 marketis 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.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
6.3% |
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By Drug class |
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By Route Administration |
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By Distribution Channel |
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The grass pollen allergy treatment market is projected to expand at a CAGR of 6.3% during the forecast period
Allergy Treatment Therapeutics Plc, ALK-Abello A/S, Biomay AG, Circassia Holdings Ltd, Allergopharma Joachim Ganzer KG
North America is the fastest-growing region for the grass pollen allergy treatment market
Grass Pollen Allergy Treatment Market size was valued at 26,206.6 million in 2022 and is expected to reach 40,192.3 million by 2029
Table of Content
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.