Global Peanut Allergy Treatment Market to reach USD $ billion by 2027.Global Peanut Allergy Treatment Market is valued approximately at USD $ Billion in 2020 and is anticipated to grow with a growth rate of more than $ over the forecast period 2021-2027. Peanut Allergy Treatment is beneficial in reducing the implications of allergy caused by consuming peanuts. The global Peanut Allergy Treatment market is driven by growing prevalence of food allergies which supports the demand for allergy treatment. For instance, according to food allergy.org, every year around 200,000 people require emergency medical care for allergic reactions to food in the U.S. Also, 32 million Americans have food allergies.
Likewise, according to worldallergy.org, food allergy directly affects around 2.5% of the general population globally. Another important driving factor is the rising advancements in healthcare to treat peanut food allergy effectively. For instance, in September 2020, U.S. Food and Drug Administration approved Palforzia [Peanut (Arachis hypogea) Allergen Powder drug for treatment of peanut allergy in children.
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Furthermore, increasing use of new biological compounds to treat allergy, growth in commercial and scientific activities for research and development and increasing healthcare spending will provide new opportunities for the global Peanut Allergy Treatment industry. However, lack of awareness regarding availability of treatment and complications with approval regarding the treatment and stringent regulations regarding the use may impede market growth over the forecast period of 2021-2027.
The regional analysis for the global Peanut Allergy Treatment Market is based on the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share due to high prevalence of peanut allergy coupled with the well-established healthcare infrastructure in the region. Whereas Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to rising growing number of allergies testing and increasing healthcare spending, growing personal disposable income, and increasing awareness in the region.
Major market player included in this report are:
Mylan N.V.
Sanofi S.A.
Pfizer Inc.
kaleo, Inc.
DBV Technologies
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Cambridge Peanut Allergy Clinic, Regeneron
Anaptysbio, Inc.
ALK Abell?? A/S
Stallergenes Greer
Astellas Pharma Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Drug Type:
Injectable Epinephrine
Antihistamines
By Route of Administration:
Oral
Injectable
By Distribution Channel:
Retail Pharmacies
Hospital Pharmacies
Online Pharmacies
By Region:
North America
U.S.
Canada
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Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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