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A10241 | Pages: 216 | Charts: 59 | Tables: 136 |
The global Allergy Immunotherapy Market Size was valued at $1.8 billion in 2023, and is projected to reach $4.9 billion by 2033, growing at a CAGR of 10.4% from 2024 to 2033. The allergy immunotherapy market growth is driven by a combination of rising prevalence of allergic disorders and advancements in treatment options. A key driver for this market is the increasing incidence of allergies worldwide. According to the World Health Organization estimates, 1 in 2 people in the world will be suffering from allergies diseases by 2050
Allergy immunotherapy, also known as desensitization or hypo-sensitization, is a medical treatment aimed at reducing the sensitivity to allergens. It involves the gradual introduction of increasing amounts of the allergen into the patient's body, typically through injections (subcutaneous immunotherapy) or sublingual tablets or drops (sublingual immunotherapy) . Over time, this process helps the immune system become less reactive to the allergen, thereby reducing the severity and frequency of allergic reactions. This therapy is primarily used to treat conditions such as allergic rhinitis, allergic asthma, and insect venom allergies. It is particularly beneficial for patients who do not respond well to conventional allergy medications.
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