2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theChronic Spontaneous Urticaria Market?

The growing prevalence of alcohol intake is predicted to spur the expansion of the chronic spontaneous urticaria market in the future. Various elements, such as societal expectations, stress levels, advertising, affordability, and easy access, contribute to the escalating alcohol use. Consuming alcohol may intensify symptoms of chronic spontaneous urticaria for some people, causing more hives and inflammation. For example, rehabs.UK, a UK-based organization providing guidance and support for addiction recovery, found in February 2024 that 55% of males and 41% of females claimed they drank alcohol weekly. Moreover, 8% of males and 5% of females conveyed they consumed alcohol nearly every day. From 2021 to 2022, there were 342,795 hospitalizations entirely due to alcohol, resulting in a rate of 626 admissions per 100,000 individuals. As a result, the surging prevalence of alcohol intake is propelling the expansion of the chronic spontaneous urticaria market.

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What is the Predicted Annual Growth Rate of theChronic Spontaneous Urticaria Market Impact Industry Trends by 2034?

In recent times, the market size of chronic spontaneous urticaria has witnessed robust growth. Its value is projected to increase from $2.06 billion in 2024 to $2.23 billion in 2025 with a compound annual growth rate (CAGR) of 8.6%. The notable growth during the past period is due to enhancements in diagnostic tools, elevated awareness among healthcare professionals, patient advocacy and support groups, continued research and clinical trials for new treatment methods, and the rise in healthcare spending.

Expectations are set for substantial growth in the market for chronic spontaneous urticaria in the coming years, with projections reaching $3.08 billion in 2029 with a CAGR of 8.4%. Several factors are contributing to this positive trend for the forecast period, including a rise in identified CSU cases, an expanding patient demographic, advancements in healthcare facilities, a supportive regulatory context, the adoption of patient-focused care models, and economic advancements in budding markets. Key trends projected for this period consist of technological breakthroughs, progress in biological therapy, the shift towards personalized medicine, the rise of telemedicine and digital health, cutting-edge diagnostic resources, the application of AI and machine learning, and a boom in drug endorsements and launches.

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What Key Market Trends and Innovations Are Shaping the Future of theChronic Spontaneous Urticaria Industry?

Leading firms in the chronic spontaneous urticaria market are at the forefront of creating next-level Briquilimab (JSP191), aiming to improve the efficiency of treatments and lessen the need for frequent dosing. Next-level Briquilimab (JSP191) is a type of monoclonal antibody engineered to address and reduce specific immune cells, with a special focus on CD47, associated with chronic spontaneous urticaria. For example, Jasper Therapeutics Inc., a clinical-stage biotechnology company from the US, declared in November 2023 about their progress in a Phase 1b/2a clinical trial of Briquilimab for chronic spontaneous urticaria (CSU), successfully administering the drug to their inaugural patient. This pivotal progress marks a significant stride towards evaluating the safety and efficacy of Briquilimab, a next-level monoclonal antibody focusing on CD47, in tackling this persistent issue of hives and itchiness. The purpose of this trial is to investigate the effectiveness of Briquilimab in mitigating symptoms and upgrading the standard of life for individuals affected by CSU.

Which Companies Are Leading the Charge in Expanding theChronic Spontaneous Urticaria Market Growth?

Major companies operating in the chronic spontaneous urticaria market are F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi SA, AstraZeneca plc, Novartis AG, GlaxoSmithKline plc, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Cipla Limited, Genentech Inc., Dr. Reddy’s Laboratories Ltd., Hikma Pharmaceuticals plc, Celltrion Inc., Allakos Inc., United BioPharma Inc.

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How is the Global Chronic Spontaneous Urticaria Market Segemented?

The chronic spontaneous urticaria market covered in this report is segmented –

1) By Treatment: Medication, Phototherapy, Other Treatments

2) By Route Of Administration: Oral, Topical, Parenteral, Other Routes Of Administration

3) By Diagnosis: Physical Examination, Blood Test, Allergy Test, Other Diagnosis

4) By End-Users: Hospitals, Specialty Clinics, Homecare, Other End-Users

Subsegments:

1) By Medication: Antihistamines, Leukotriene Receptor Antagonists, Monoclonal Antibodies, Immunosuppressants, Corticosteroids (Oral and Topical)

2) By Phototherapy: UVB Phototherapy, UVA Phototherapy, Narrowband UVB Therapy

3) By Other Treatments: Alternative Therapies, Dietary Modifications, Psychotherapy (for Stress-Related Triggers)

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Which Geographics are Influencing the Growth of the Chronic Spontaneous Urticaria Market?

North America was the largest region in the chronic spontaneous urticaria market in 2023. The regions covered in the chronic spontaneous urticaria market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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