Antihistamines Drugs Market Business Analysis: Comprehensive Growth Insights, Current Industry Trends, witness Highest Growing CAGR, New Developments, and Upcoming Technologies 2027

Research Reports

Mar 22, 2022

Antihistamines Drugs Market Overview:

The Antihistamine Drugs Market is expected to grow at a CAGR of 9.8% during the forecast period and antihistamine drugs market is estimated to reach USD 280 million.

The increasing prevalence of a range of allergies has raised the demand for antihistamines to treat them. Reports that assess the healthcare industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts.
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The increased growth pace observed in the pharmaceutical sector is expected to reinforce the market expansion of antihistamine drugs. The increased investment in the market by the leading players is expected to lay down favorable grounds for progress in the forecast period. Moreover, the elevated detection rates for allergies is expected to modify the expansion of the market in the projected period.

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Antihistamines Drugs Market Top Companies:

Some of the key players in antihistamine drugs market are Johnson & Johnson Consumer Inc. (U.S.), Sanofi (France), Bayer AG (Germany), Pfizer (U.S.), CVS pharmacy (U.S.), Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc. (U.S.), and Prestige Brands Holdings, Inc. (U.S.)

Antihistamines Drugs Market Segmental Analysis:

The segmental evaluation of the antihistamine drugs market is carried out based on type, route of administration, indication, and end users.

Based on types, the antihistamine drugs market comprises of non-sedating and sedating antihistamines.

The sedating antihistamines are additionally sub-segmented into chlorpheniramine, brompheniramine, carbinoxamine, diphenhydramine, doxylamine, and others.

The non-sedating antihistamines are additionally sub-segmented into loratadine, fexofenadine, loratadine ODT, and others.

Based on the route of administration, the antihistamine drugs market is segmented into parenteral route, oral route, and rectal route.

The parenteral route segmented is further segmented into subcutaneous, intramuscular, and intravenous route.

The segmentation of the antihistamine drugs market based on indication comprises of urticaria, allergy, dermatitis, and others. The end user segmentation basis of the antihistamine drugs market comprises of clinics, pharmaceutical companies, hospitals, and others.

Based on the region, the antihistamine drugs market is segmented into the Americas, the Middle East, Europe, Asia Pacific, and Africa.

Antihistamines Drugs Market Regional Overview:

The regional assessment of the antihistamine drugs market covers regions such as the Americas, the Middle East, Europe, Asia Pacific, and Africa.

The Americas region is in control of the principal share of the market owing to the intensifying occurrence of allergy rhinitis and growing demand for the diagnosis and treatment of allergic diseases.

The European region is the next principal market that holds a prominent segment of the antihistamine drugs market. In the Asia Pacific region, the upsurge in demand for drugs for the treatment of allergies and skin diseases is motivating the market progress. Also, a considerable upsurge in the number of dermatology clinics established throughout the Asia Pacific region has been noted in the past few years.

The high rates of allergic rhinitis and the expanding awareness concerning the treatments offered for allergy is poised to guide the growth of this market in the Asia Pacific region.

The Middle East and African regional market are showing stable but optimistic development owing to the mounting prevalence of nasal allergies.

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