Household Dust Mite Allergy Treatment Market 2022 Driven by Rising Prevalence of Allergic Diseases
Dust mite allergy treatment market expected to reach $5.2 billion by 2031
PORTLAND, OREGON, USA, July 29, 2022 /EINPresswire.com/ — House dust mite allergy treatment market by treatment (antihistamine, immunotherapy, other), by type (prescription drugs, over-the-counter drugs), by route of Administration (Oral Drugs, Nasal Administration), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy): Global Opportunities Analysis and Industry Forecast, 2021-2031
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The global Dust Mite Allergy Treatment Market size was valued at USD 1.5 Billion in 2021 and is projected to reach USD 5.2 Billion by 2031, growing at a CAGR of 13.4% from 2022 to 2031. Dust mite allergy is caused by dust mites, which are microscopic, eight-legged creatures that look like white spiders. House dust mite allergy causes symptoms such as hay fever, coughing, runny nose and itchy red watery eyes. The impact of the COVID-19 pandemic is expected to remain negative for the medical device regulatory affairs market. As the COVID-19 pandemic continues to spread, medical device companies are struggling to make informed decisions about their products, supply chains and regulatory obligations amid uncertainty.
Main benefits for stakeholders
This report provides a quantitative analysis of market segments, current trends, estimates and dynamics of the Household Dust Mite Allergy Treatment market analysis from 2021 to 2031 to identify the predominant opportunity for the house dust mite allergy treatment market.
Market research is offered with information related to key drivers, restraints, and opportunities.
Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the dust mite allergy treatment market segmentation helps to determine the existing market opportunities.
The COVID-19 outbreak is expected to have a positive impact on the growth of the global dust mite allergy treatment market. . People have been forced to stay at home longer, which has increased exposure to allergens and indoor pollutants. Thus, the increase in dust mite allergy cases during the COVID-19 pandemic is notably contributing to the growth of the market.
Key market segments
Route of administration
Main market players
ALK Abello AS
Allergy Therapeutics PLC
Catalent Pharma Solutions Limited
johnson and johnson md&d
Merz Pharma GmbH an Co. KGaA
Seqirus UK Limited
Shionogi and Co. Ltd.
The growth in the size of the global house dust mite allergy treatment market is primarily driven by increasing prevalence of house dust mite related allergic diseases, increasing demand for immunological products, increasing funding from organizations private and governmental sectors for the development of pharmaceutical manufacturing segments, and increased R&D activities for the manufacture of anti-allergy drugs. According to one of Medscape Education’s Chief Medical Officers, in 2020, approximately 20 million Americans were reported to be allergic to dust mites. In addition, according to the Journal of Scientific Report, in March 2022, dust mites are one of the main factors of allergic diseases of the respiratory tract.
Key players operating in the global dust mite allergy treatment market include ALK-Abello A/S, Allergy Therapeutics PLC, Bayer AG, Catalent Pharma Solutions Limited, GlaxoSmithKline Plc., Johnson and Johnson, Merz Pharma GmbH an Co. KGaA, Sanofi, Seqirus UK Limited and Shionogi & Co. Ltd.
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