Drug Allergy Market – 2023, Competitive Landscape with Top Key Players | Align Technology, Inc., Dentsply Sirona, Institut Straumann AG

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Drug Allergy Market
Industry Analysis, Size, Share, Forecasts to 2023
COVID-19 Impact Analysis
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Drug Allergy Market
Drug Allergy Market Overview
The global drug allergy market size can touch USD
4,764 million by 2023 at a CAGR of 5.1 during
the forecast period. Awareness of allergies and
respective treatments coupled with the launch of
new products can fuel the market demand.
Investments in research and development to
prevent allergic reactions will work in favor of
the market. Development of diagnostic tests to
come to accurate conclusions can save patient
lives. For instance, the PEN-FAST prediction tool
can predict allergies of patients to penicillin
which go undetected with normal tests of skin or
patch. Changes in lifestyles of consumers,
alarming levels of indoor and outdoor pollution,
and rapid urbanization have caused drug allergies
among patients. According to the World Health
Organization (WHO), the U.S. reported close to 40
million cases of inhaled allergies in 2012.
Advances in technologies and rapid government
approval of diagnostic tests can further the
market growth till 2023.
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Drug Allergy Market

• Drug Allergy Market Segmentation
• The global drug allergy market is segmented on
  the basis of type, diagnosis, treatment, and end
  user.
• By type, it is segmented into immunologic,
  nonimmunologic, and others. Immunologic allergy
  is sub-segmented into type I reaction, type II
  reaction, type III reaction, type IV reaction,
  and others. The non-immunologic allergy is
  sub-segmented into predictable, unpredictable,
  and others. The predictable allergy is further
  segmented into pharmacologic side effect,
  secondary pharmacologic side effect, drug
  toxicity, drug-drug interactions, drug overdose,
  and others. The unpredictable segment is further
  sub-segmented into pseudoallergic, idiosyncratic,
  intolerance, and others.
• By diagnosis, it is segmented into skin test,
  blood test, patch test, and others. Skin test is
  further segmented into intradermal test, scratch
  or prick test, and others.
• By treatment, it is segmented into
  antihistamines, corticosteroids, withdrawal of
  the drug, treatment of anaphylaxis, and others.
  Antihistamines comprises azelastine eyedrops,
  levocabastine eyedrops, hydroxyzine, emedastine
  eyedrops, desloratadine, carbinoxamine,
  diphenhydramine, cyproheptadine, azelastine nasal
  sprays, levocabastine oral, and others. While
  corticosteroids are further segmented into
  inhaled steroids, topical steroids, and others.
• By end user, it is segmented into academic
  institutes, medical research centers, hospitals
  clinics, and others.
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Drug Allergy Market
Global Drug Allergy Market Geographical Analysis
The Americas, Asia Pacific (APAC), Europe, and
the Middle East Africa (MEA) are regions of
interest covered in the global drug allergy
market. The Americas comprise North America and
Latin America, out of which the former drives the
market growth. The North America drug allergy
market is driven by the U.S. Nearly 10 of the
U.S. population suffer from drug allergies which
can trigger market demand till 2023. On the other
hand, Latin America can display a moderate growth
rate during the forecast period owing to Chile,
Argentina, and Brazil. Europe is driven into
Western and Eastern Europe. Western Europe is
accountable for major market share of the Europe
drug allergy market. Increasing cases of drug
allergies are the primary driver. APAC can
exhibit the fastest growth rate during the
forecast period owing to improvements in drug
testing facilities, accurate assays, and
awareness of drug allergies. Japan currently
leads the APAC market, while China is portended
to showcase a robust pace. The Chinese growth is
marked by continuous inflow of capital, high
industrial output, and steady import and export
statistics. Lastly, the MEA region can show a
sluggish growth rate owing to limited awareness
levels and adherence to traditional medical
practices.
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Drug Allergy Market
Drug Allergy Market Competitive Analysis
Circassia, Bayer, MAGNA Pharmaceuticals, Inc.,
Stallergenes Greer, HAL Allergy Group,
AstraZeneca, Johnson Johnson Services, Inc.,
and others are major players operating in the
global drug allergy market. July, 2017
AstraZeneca and Merck Co., Inc. entered a
global strategic oncology collaboration to
co-develop and co-commercialise AstraZenecas
Lynparza (olaparib) for multiple cancer types.
Lynparza is an innovative, first-in-class oral
poly ADP ribose polymerase (PARP) inhibitor
currently approved for BRCA-mutated ovarian
cancer in multiple lines of treatment. The
strategic collaboration is expected to further
increase the number of treatment options
available to patients.
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