Anaphylaxis Treatment Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of theAnaphylaxis Treatment Market?
The increasing incidence of food allergies is predicted to stimulate the expansion of the anaphylaxis treatment market. This form of allergy is a result of the immune system responding to certain proteins present in food. Treatments for anaphylaxis work to halt the progression of severe allergic symptoms such as skin reactions, respiratory issues, hypotension, mucosal changes, and damage to the end organs. As an illustration, data from the US-based government agency, the Centers for Disease Control and Prevention (CDC) in January 2023, indicated that in 2021, 31.8% of adults above the age of 18 had reported experiences with eczema, seasonal allergies, or food allergies. A quarter (25.7%) of adults were found to have seasonal allergies, 6.2% had food allergies, and 7.3% had eczema. Likewise, in August 2024, the UK’s non-ministerial department, the Food Standards Agency reported that from October 2021 to August 27, 2023, an estimated 296 validated cases were recorded in the Registry. This figure probably represents less than 5% of the unintentional reactions in the UK. 213 (72%) of these recorded incidents were related to food, and nearly all of these (97.7%) occurred in children and young individuals aged 18 or below. Only 28 clinics and 11 Accident & Emergency (A&E) departments were registered to have platform access. Thus, the increased prevalence of food allergies is responsible for propelling growth in the anaphylaxis treatment market.
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How Will the Growth Rate of theAnaphylaxis Treatment Market Impact Industry Trends by 2034?
In recent times, there has been significant growth in the anaphylaxis treatment market. The market size will experience an expansion from $6.19 billion in 2024 to $6.61 billion in 2025 with a compound annual growth rate (CAGR) of 6.9%. This growth during the historic period is due to a rise in cases of allergic reactions, better identification of anaphylaxis, the heightened availability of epinephrine auto-injectors, increased public awareness and education, as well as training for healthcare professionals.
It is anticipated that the market size for anaphylaxis treatment will experience significant growth in the coming years, escalating to $8.72 billion by 2029 with a compound annual growth rate (CAGR) of 7.2%. This projected growth within the forecast period can be linked to several factors such as innovative biologic therapies, individualized treatment methods, global initiatives focusing on food safety, patient empowerment and advocacy, and improved emergency medical services. Key trends anticipated during the forecast period consist of advancements in auto-injectors, telemedicine usage for managing anaphylaxis, better allergen immunotherapy, the use of biometric wearables to detect allergens, and partnerships in allergy research.
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What Are the Latest Innovations Influencing theAnaphylaxis Treatment Market?
A significant trend emerging in the anaphylaxis treatment market is the innovation in product development. To maintain a competitive edge, major firms in the market are advancing their offerings. As an example, in April 2022, Aquestive Therapeutics Inc., an American pharmaceutical company, was granted a Fast Track designation for AQST-109, intended to treat severe allergic responses, including anaphylaxis, by the Food and Drug Administration. Aquestive is progressing with the clinical trials of AQST-109, the first and lone oral epinephrine product candidate that shows clinical results equivalent to autoinjectors like EpiPen and Auvi-Q in treating allergic emergencies, including anaphylaxis.
Who Are the Major Industry Players Accelerating Growth in theAnaphylaxis Treatment Market?
Major companies operating in the anaphylaxis treatment market include Merck & Co. Inc., Novartis International AG, GlaxoSmithKline plc, Viatris Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Bausch Health Companies, Sun Pharmaceutical Industries Ltd., Perrigo Co, Dr. Reddy’s Laboratories Ltd., Hikma Pharmaceuticals plc, Amneal Pharmaceuticals Inc., ALK-Abelló A/S, Amphastar Pharmaceuticals Inc., Par Pharmaceutical Inc., Genentech Inc., Meridian Medical Technologies LLC, Aquestive Therapeutics Inc., Sandoz Inc., Adamis Pharmaceutical Corporation, Impax Laboratories LLC
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Which Primary Segments of the Anaphylaxis Treatment Market Are Driving Growth and Industry Transformations?
The anaphylaxis treatment market covered in this report is segmented –
1) By Treatment: Epinephrine, Antihistamines, Steroids, Beta-antagonists, Other Treatments
2) By Product: Tablets, Capsules, Other Products
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
4) By Application: Food Allergy, Pollen Allergy, Dust Mites Allergy, Other Applications
Subsegments:
1) By Epinephrine: Auto-Injectors, Vials Or Syringes
2) By Antihistamines: Oral Antihistamines, Injectable Antihistamines
3) By Steroids: Oral Steroids, Injectable Steroids
4) By Beta-antagonists: Oral Beta-blockers, Injectable Beta-blockers
5) By Other Treatments: Corticosteroids, Intravenous Fluids, Other Supportive Treatments
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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theAnaphylaxis Treatment Market?# Market?
North America was the largest region in the anaphylaxis treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anaphylaxis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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