About Allergy Shots
Allergy shots are vaccines given on a daily basis for 3 to 5 years to prevent or reduce allergic strikes. Immunotherapy is a form of treatment that involves allergy shots. To be healthy, reliable, and efficient, allergy shots must adhere to a strict schedule. Everyone has a different timetable. Patients usually continue with one or two shots a week, although these can vary depending on the number of allergens. To remain on board, many patients prefer to get the injections many days a month. Each allergy shot includes a trace volume of sample or substances that cause you to have an allergic reaction. Allergens are the term for these substances. Allergy shots are relatively superior than its substitutes including Drops, SLIT Tablets in terms of allergy coverage, accuracy and effectiveness in the long run, which is one of the factors responsible for growth in Allergy shots market across the globe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States & United Kingdom Players will contribute the maximum growth to Global Allergy Shots market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ALK Abello (Denmark), Stallergenes Greer (United Kingdom), Allergy Therapeutics (United Kingdom), Aimmune Therapeutics (United States), Anergis (Switzerland), Arrayit Corporation (United States), Biomay AG (Austria), HAL Allergy Group (Netherlands), DBV Technologies (France) and Allergopharma GmbH & Co. KG (Dermapharm) (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Jubilant Pharma Holdings Inc. (United States), BioSpace (United States), Omega Laboratories Limited (Canada), Quantum Allergy (Canada), Mylan (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Allergy Shots market by , Application (Allergic Asthma, Allergic Rhinitis, Eye Allergies (or) Recurring Conjunctivitis and Other) and Region.
On the basis of geography, the market of Allergy Shots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Therapy, the sub-segment i.e. Sublingual Immunotherapy will boost the Allergy Shots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Allergy, the sub-segment i.e. Seasonal Allergies (Tree Pollen, Grasses or Weeds) will boost the Allergy Shots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospitals (Government, Private) will boost the Allergy Shots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Pediatric will boost the Allergy Shots market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Investments in Healthcare Infrastructure
Market Growth Drivers:
Decreasing Dependence on Oral Allergy Medication and Long run Allergy Relief, Therefore Lower Long-Term Costs
Challenges:
High Up-Front Costs and Side Effects and Adverse Reactions
Restraints:
Long Duration Treatment and Risk of Anaphylaxis
Opportunities:
Low Penetration in Emerging Economies Particularly in Asian Region
Market Leaders and their expansionary development strategies
In October, 2020, Nestle Completed its Acquisition of Aimmune Therapeutics (Leading FDA Approved Allergen Products Manufacturer), this Acquisition is part of Nestle’s Plan to Develop Innovative, Science-Based Nutritional Solutions by Combining Aimmune's pharmaceutical Expertise and Infrastructure.
In July 2019, Pfizer Merges Its Off-Patent Drug Business, UpJohn, With Mylan (US-Based Pharma Manufacturer), This Combination Is Aimed to Expand Pfizer’s Portfolio Across Products Including Impotence Drug Viagra, Painkiller Lyrica and the EpiPen Allergy Treatment.
United States, Food and Drug Administration “Allergen Extracts - Injectable” - USDA is the key Regulatory Authority Responsible for Approval, Inspection and Dosage Limitations of Allergy Shots across the United States, FDA limits the usage to licensed prescription holders only. Any New Entrant is Required to have a Regulatory Clearance form FDA. and European Medicines Agency, “Guideline on The Clinical Development of Products for Specific Immunotherapy for The Treatment of Allergic Diseases” - The Guidance Concerns Research Nature, Effectiveness, And Protection for Allergen Drugs Being Formulated for Specific Allergy Immunotherapy (E.g., The Long-Term Treatment and Management of Allergic Conditions Like Rhino-Conjunctivitis and Allergic Reactions to Insect Venoms).
Key Target Audience
Allergy Shots Manufactures, New Entrants and Investors, API Providers, Allergy Shots Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.