The global pollen allergy market is currently valued at $5850.8 million in 2023 and is expected to grow at a 4.2% CAGR. Because of technological advancements in healthcare, the market is expected to reach US$ 8828.6 million by 2033.
“The rising prevalence and burden of allergic disorders around the world are likely to drive the growth of the pollen allergy market during the forecast period.”
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FMI, in its business report, elaborates the historical and current scenario of the global Pollen Allergy Market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
Crucial information and forecast statistics covered in the Pollen Allergy market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Pollen Allergy Market
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Pollen Allergy market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Pollen Allergy market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Pollen Allergy market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Pollen Allergy Market: Segmentation
Valuable information covered in the FMI’s Pollen Allergy market report has been segregated into key segments and sub-segments.
Pollen Allergy Market by Product Type:
- Instruments
- Consumables
- Services
Pollen Allergy Market by Allergen Type:
- Food
- Inhaled
- Drug
- Other
Pollen Allergy Market by Therapeutics Drug class:
- Antihistamines
- Decongestants
- Corticosteroids
- Mast Cell Stabilizers
- Leukotriene Inhibitors
- Nasal Anticholinergics
- Immunomodulators
- Auto injectable Epinephrine
- Immunotherapy
Pollen Allergy Market by End-User:
- Diagnostic Laboratories
- Hospitals
Pollen Allergy Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Pollen Allergy market. Competitive information detailed in the Pollen Allergy market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Pollen Allergy market report.
Key players covered in the report include:
- bioMerieux SA
- HOB Biotech Group Corp Ltd
- Alcon
- HYCOR Biomedical, Inc
- Immunomic Therapeutics
- Quest Diagnostics Incorporated
- Omega Diagnostics Group PLC
- Siemens Healthcare Private Limited
- Stallergenes Greer
- Lincoln Diagnostics, Inc
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Important Questions Answered in the Pollen Allergy Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Pollen Allergy market been expanding during the forecast period?
- How will the global Pollen Allergy market look like by the end of the forecast period?
- What innovative strategies are adopted by Pollen Allergy market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Pollen Allergy market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Pollen Allergy market
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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