Submitted by: Submitted by vasu123
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Words: 1809
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Category: Business and Industry
Date Submitted: 03/10/2016 09:37 PM
Allergic Rhinitis Drug Market Size, Share, Global Trends, Company Profiles,
Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation
and Forecast To 2024
Summary
Allergic Rhinitis (AR) is becoming an increasingly prevalent condition, with the most common
form being moderate to severe in nature (Baena-Cagnani et al., 2015). According to the
European Academy of Allergy and Clinical Immunology (EAACI), 50% of Europeans will
suffer from an allergy by 2027 (Papadopoulos et al., 2012). The allergic rhinitis (AR) market has
declined very slowly over the past decade, as has it become saturated with relatively efficacious
standard therapies, such as antihistamines (AHs), intranasal corticosteroids (INCS), and
leukotriene receptor antagonists (LRAs), and has also been facing increasing generic
competition. Despite the rising prevalence of AR, and a large patient population that is
dissatisfied with the current treatment options, the market size for symptomatic therapies alone is
set to shrink, as the remaining branded products lose patent protection. There is an increasing
shift in the transfer of prescription AR products to over-the-counter (OTC) status, which is
driving patients to pharmacies rather than to physicians, further diluting the prescription AR
market. The immense, crowded generic AR market has been largely unappealing to drug
manufacturers. Consequently, only two symptomatic therapies are expected to launch before
2024.
Highlights
Key Questions Answered
- Allergic Rhinitis symptoms can be controlled in the majority of patients using the current
standard therapies. Nevertheless, in around 20% of people with allergic rhinitis, the disease
remains symptomatic and inadequately controlled. Therefore, there are considerably high unmet
needs within the indication. What are the main unmet needs in this market?
Detailed report at:...