It is regarded as one of the most significant health problems affecting millions of people worldwide. The allergy treatment market has increased over the past few years, owing to the surge in incidence, advanced treatment methods, and increasing awareness. In the upcoming blog, we will discuss the current landscape of the allergy treatment market along with an analysis of the growth prospects of the market along with the important questions that the industry stakeholders need to be aware of.

Market Overview

The allergy treatment market size is projected to reach US$ 33.5 billion by 2031 from US$ 20.2 billion in 2023. The market is expected to register a CAGR of 7.8% during 2023–2031. Rising Research & Development (R&D) activities are likely to remain key trends in the market.

Key Market Segments

By Allergy Type

• Eye Allergies
• Rhinitis
• Asthma
• Skin Allergies
• Food Allergies

By Treatment

• Anti-Allergy Drugs
• Immunotherapies

North America

• US
• Canada
• Mexico

Europe

• UK
• Germany