COVID-19 Impacts: Allergy Rhinitis Drugs Market will Accelerate at a CAGR of almost 4% through 2020-2024 | Increasing Prevalence Of Allergic Rhinitis to Boost Growth | Technavio

Technavio has been monitoring the allergy rhinitis drugs market and it is poised to grow by USD 2.4 bn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Allergy Rhinitis Drugs Market 2020-2024 (Graphic: Business Wire).

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alcon Inc., ALK-Abello AS, Dr. Reddy's Laboratories Ltd., GlaxoSmithKline Plc, Glenmark Pharmaceuticals Ltd., Merck & Co. Inc., Novartis AG, Pfizer Inc., Sanofi, and Stallergenes Greer Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing prevalence of allergic rhinitis has been instrumental in driving the growth of the market.

Allergy Rhinitis Drugs Market 2020-2024 : Segmentation

Allergy Rhinitis Drugs Market is segmented as below:

• Product
  • Antihistamines
  • Intranasal Corticosteroids
  • Immunotherapies
  • Others
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Allergy Rhinitis Drugs Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our allergy rhinitis drugs market report covers the following areas:

• Allergy Rhinitis Drugs Market size
• Allergy Rhinitis Drugs Market trends
• Allergy Rhinitis Drugs Market industry analysis

This study identifies the rising awareness about allergic rhinitis as one of the prime reasons driving the allergy rhinitis drugs market growth during the next few years.

Allergy Rhinitis Drugs Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the allergy rhinitis drugs market, including some of the vendors such as Alcon Inc., ALK-Abello AS, Dr. Reddy's Laboratories Ltd., GlaxoSmithKline Plc, Glenmark Pharmaceuticals Ltd., Merck & Co. Inc., Novartis AG, Pfizer Inc., Sanofi, and Stallergenes Greer Ltd. Backed with competitive intelligence and benchmarking, our research reports on the allergy rhinitis drugs market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Allergy Rhinitis Drugs Market 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist allergy rhinitis drugs market growth during the next five years
• Estimation of the allergy rhinitis drugs market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the allergy rhinitis drugs market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of allergy rhinitis drugs market vendors

Table Of Contents :

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Antihistamines - Market size and forecast 2019-2024
• Intranasal corticosteroids - Market size and forecast 2019-2024
• Immunotherapies - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Product

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alcon Inc.
• ALK-Abello AS
• Dr. Reddy's Laboratories Ltd.
• GlaxoSmithKline Plc
• Glenmark Pharmaceuticals Ltd.
• Merck & Co., Inc.
• Novartis AG
• Pfizer Inc.
• Sanofi
• Stallergenes Greer Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200729005699/en/