Allergy Immunotherapy Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Allergy Immunotherapy Market?
The increasing occurrence of allergic conditions is anticipated to stimulate the expansion of the allergy immunotherapy market in the future. Allergic conditions are characterized by overzealous immune reactions to particular antigens, and misguided immune responses against the body’s own internal components lead to autoimmune diseases. Allergy immunotherapy provides relief for atopic individuals suffering from allergy disorders such as IgE-mediated allergic rhinitis and allergic asthma caused by inhaled allergens like pollen and house dust mites (HDMs). For example, in August 202, the Medicines and Healthcare Products Regulatory Agency (MHRA), a UK-based executive agency, reported that English hospitals faced over 25,000 admissions for allergic episodes and anaphylaxis in 2022-23, which is more than double the number from the previous two decades. Furthermore, the Food Standards Agency, a UK government department, stated in May 2024 in their Patterns and Prevalence of Adult Food Allergy (PAFA) report that roughly 6% of UK adults, or around 2.4 million people, suffer from food allergies. Consequently, this growing rate of allergic conditions is spurring the progression of the allergy immunotherapy market.
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#How Will the CAGR of the Allergy Immunotherapy Market Influence Its Overall Growth by 2034?
In the past few years, the size of the allergy immunotherapy market has seen swift expansion. Expect to observe an increase from $2.88 billion in 2024 to $3.17 billion in 2025, showing a compound annual growth rate (CAGR) of 10.2%. The historic rise can be credited to a higher prevalence of allergic diseases, advancements in immunotherapy methods, increased patient awareness, governmental efforts, and enhancements in research and development.
Projected to witness a significant surge in the upcoming years, the allergy immunotherapy market is set to expand to a worth of $5.07 billion by 2029, with a compound annual growth rate of 12.4%. The escalation anticipated during this period is linked to factors such as the escalating global burden of allergies, supportive healthcare policies, growing acceptance of immunotherapy, emergence of new markets and unexplored regions, and increased healthcare spending. The period also forecasts trends like the evolution in treatment technology, heightened prevalence of allergies, increased patient awareness and education, implementation of telemedicine and remote monitoring, and personalization of treatment regimens.
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What Are the Most Significant Market Trends Transforming theAllergy Immunotherapy Market?
Significant businesses in the allergy immunotherapy market are introducing advanced technology products, such as allergy component testing powered by artificial intelligence (AI), to maintain their market dominance. This innovative testing platform, armed with AI, is a component-resolved diagnostics (CRD) technique for diagnosing varied types of allergies. For instance, Metropolis Healthcare Limited, a medical laboratory company based in India, rolled out AI-driven allergy component testing in May 2023. This fourth-gen allergy testing technology employs AI to support clinicians in making clinical judgements, offering detailed insights to choose and perfect the treatment plan for allergic diseases. Additionally, it can predict the success of immunotherapy for deciding the effectiveness of allergy vaccinations.
What Are the Top Market Players Propelling the Growth of theAllergy Immunotherapy Industry?
Major companies operating in the allergy immunotherapy market include LETI Pharma, Stallergenes Greer International AG, Allergy Therapeutics plc, ALK-Abelló A/S, HAL Allergy B.V., DBV Technologies, Circassia Pharmaceuticals Inc., Jubilant HollisterStier LLC, Allergopharma GmbH & Co. KG, Biomay AG, Anergis SA, HollisterStier Allergy, Mylan N.V., Adamis Pharmaceuticals Corporation, Desentum Oy, WOLW Pharma Limited, AllerGenics Inc., Greer Laboratories Inc., Aimmune Therapeutics Inc., Reliant Laboratories Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Danaher Corporation, QIAGEN NV, Merck & Co. Inc., Pfizer Inc., Novartis AG, GlaxoSmithKline plc, AstraZeneca plc, Sanofi SA, Teva Pharmaceutical Industries Ltd., Endo Pharmaceuticals Inc., Sun Pharmaceutical Industries Ltd., Cipla Ltd.
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Which Primary Segments of the Allergy Immunotherapy Market Are Driving Growth and Industry Transformations?
The allergy immunotherapy market covered in this report is segmented –
1) By Allergy Type: Allergic Rhinitis, Asthma, Food Allergy, Venom Allergy, Other Allergy Types
2) By Treatment: Subcutaneous Immunotherapy (SCIT), Sublingual Immunotherapy, Specific Immunotherapy (SIT)
3) By Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
Subsegments:
1) By Allergic Rhinitis: Seasonal Allergic Rhinitis, Perennial Allergic Rhinitis
2) By Asthma: Allergic Asthma, Non-Allergic Asthma
3) By Food Allergy: Peanut Allergy, Tree Nut Allergy, Milk Allergy, Egg Allergy, Other Food Allergies
4) By Venom Allergy: Insect Sting Allergy, Other Venom Allergies
5) By Other Allergy Types: Allergic Conjunctivitis, Eczema, Drug Allergies, Other Environmental Allergies
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https://www.thebusinessresearchcompany.com/customise?id=9416&type=smpGlobal Allergy Immunotherapy Market, Global Allergy Immunotherapy Market Report, Global Allergy Immunotherapy Market Trends, Global Allergy Immunotherapy Market Size
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