Dublin, Aug. 08, 2023 (GLOBE NEWSWIRE) -- The "Global Allergic Rhinitis Drugs Market (2023-2028) by Class of Drugs, Route of Administration, Application, and Geography, Competitive Analysis, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Allergic Rhinitis Drugs Market is estimated to be USD 12.06 Bn in 2023 and is expected to reach USD 15.41 Bn by 2028, growing at a CAGR of 5.03%.
This comprehensive report presents a detailed analysis of the competitors in the market, shedding light on their financial performance and recent developments. It offers valuable insights into prominent companies such as SKG Internationals, Adamis Pharmaceuticals Corp., Dr. Reddy's Laboratories, Merck KGaA, Sanofi S.A., AstraZeneca PLC, and more.
The report introduces a proprietary tool, the Competitive Quadrant, designed to evaluate companies based on their Industry Position score and Market Performance score, using factors like financial performance, growth strategies, innovation score, new product launches, investments, and market share growth.
With its in-depth analysis, this report equips industry players with essential insights to make informed decisions and navigate the competitive landscape successfully.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 216 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $12.06 Billion |
| Forecasted Market Value (USD) by 2028 | $15.41 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
Why buy this report?
- The report offers a comprehensive evaluation of the Global Allergic Rhinitis Drugs Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Market Segmentations
- By Class of Drugs, the market is classified into Antihistamines, Immunotherapies, and Intranasal Corticosteroids.
- By Route of Administration, the market is classified into Intranasal, Intraocular, Oral, and Parenteral.
- By Application, the market is classified into Hospital Pharmacy, Online Pharmacy, and Retail Pharmacy.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.
Market Dynamics
Drivers
- Rising Prevalence of Allergic Rhinitis
- Growing Use of Tobacco Promote Allergic Rhinitis
- Availability of Different Modes of Administration
Restraints
- Side Effects of Treatment for Allergic Rhinitis
Opportunities
- Growing Development and Commercialization of Allergic Rhinitis Drugs
- Increasing Government and Organization Initiatives for Awareness of Allergic Rhinitis
Challenges
- No Standard Cure for Allergic Rhinitis
Market Analysis
- Regulatory Scenario
- Porter's Five Forces Analysis
- PESTLE Analysis
- SWOT Analysis
- Impact of COVID-19
- Impact of Economic Slowdown & Impending Recession
- Ansoff Matrix Analysis
Company Profiles
- Adamis Pharmaceuticals Corp.
- ALK-Abello A/S
- Amneal Pharmaceuticals, Inc.
- Apotex Inc.
- AstraZeneca PLC
- Boehringer Sohn AG & Co. KG
- Cigna
- Dr. Reddy's Laboratories
- FAES Farma SA
- Fosun Pharma USA Inc.
- GlaxoSmithKline PLC
- Himalaya Wellness Co.
- Hisamitsu Pharmaceutical Co., Inc.
- Merck KGaA
- Mitsubishi Tanabe Pharma, Corp.
- Novartis Ag
- Sanofi S.A.
- SKG Internationals
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/j7wcis
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
