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Allergic Rhinitis Market grows with increasing incidence of allergic rhinitis

Press Release   •   Nov 16, 2016 07:19 EST

This market research report on the global allergic rhinitis market provides a comprehensive overview of the structure and the dynamics of this market. Thus, the report throws light on the factors governing the market trends in the global allergic rhinitis market. This market research report discusses the demand drivers and the various challenges facing the industry. Historical and contemporary data as included in the research study provide a strong foundation for comparative analysis and also provide a clear understanding of the progress made so far in the global allergic rhinitis market. The data, facts, and statistical figures presented in this research report form the basis for market forecasts.

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The market research report describes and analyzes the diverse aspects of the individual market players in the global allergic rhinitis market, such as their respective business strategies, competitive advantage, an overview of their product/service catalog, SWOT analysis, growth prospects, prevailing trends, and market restraints.

This research study also enumerates and discusses the various factors essential for the existing market players and new market entrants to thrive and prosper in the global allergic rhinitis market.

Overview of the global allergic rhinitis market

The global allergic rhinitis market is primarily driven by the increasing incidence of allergic rhinitis, rising demand for new treatments, greater respiratory anomalies, and high usage of tobacco. Allergic rhinitis refers to a chronic inflammatory disease affecting the nasal cavity, which leads to myriad respiratory disorders. This disease affects almost every age group. Nasal itching, sore throat, runny or blocked nose, and sneezing are some of the characteristic symptoms of allergic rhinitis. Allergic rhinitis is of three types, namely seasonal, perennial, and both. This disease mostly goes unnoticed because of negligence towards seemingly minor health concerns, and because its symptoms are often confused with those of the more benign common cold.

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The global allergic rhinitis market is segmented on the basis of the type of treatment, which include steroids, antihistamines, others, and other alternative methods of treatment.

Geographically, the global allergic rhinitis market is dominated by North America, since the U.S. has the highest incidence of this disease. The second largest market in the global allergic rhinitis market is Europe. As per industry estimates, the Asia Pacific allergic rhinitis market is currently witnessing robust growth owing to greater awareness about this disease and its treatment, and also rising incidence of allergic rhinitis. After the U.S., Japan has the highest incidence of allergic rhinitis.

Companies mentioned in the report

The various companies operating in the global allergic rhinitis market as mentioned in the report include Stallergenes S.A., Revance Therapeutics, Shionogi & Co., Ltd., Alcon, Inc., Dainippon Sumitomo Pharma Co., Ltd., Novartis AG, Array BioPharma, Inc., Genentech, Inc., Nektar Therapeutics, GlaxoSmithKline plc, and Hisamitsu Pharmaceutical Co., Inc.

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.