Europe and Japan Allergy Immunotherapy Market, by Treatment (Subcutaneous Immunotherapy (SCIT) and Sublingual Immunotherapy (SLIT)), by Allergy Type (Allergy Rhinitis, Allergy Asthma, Pollen Allergies {Cedar, Birch, Oak and Others}, Pet Allergy {Cats, Dogs and Other Pets}, Birds Allergy and Others) by Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Online Pharmacies), and by Region (Europe and Japan) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jun 2022

Code : CMI5037

Pages :508

Formats :

Excel and PDF

Industry : Pharmaceutical

Europe And Japan Allergy Immunotherapy MarketSize and Trends

The Europe and Japan allergy immunotherapy market is estimated to be valued at US$ 1,228.37 Mn in 2022 and is expected to exhibit a CAGR of 8.1% over the forecast period (2022-2030).

Figure 1: Europe and Japan Allergy Immunotherapy Market Share, (%), Analysis, By Treatment Type, 2022

Market Trends: Market players are conducting clinical trials for development of treatment for allergy immunotherapy. This is expected to drive growth of the Europe and Japan allergy immunotherapy market over the forecast period.

Market players are conducting clinical trials for development of immunotherapy treatment for various allergies like allergic rhinitis, pet allergies, food allergies etc. for instance, the following table shows some of the clinical trials that are being conducted by the market players for allergy immunotherapy.

Key players are engaged in receiving approvals for their products from regulatory authorities and this is expected to drive growth of the Europe and Japan allergy immunotherapy market over the forecast period.

Increasing number of marketing authorizations by regulatory authorities, is expected to increase growth of market, over the forecast period. For instance, in 2018, HAL Allergy B.V. received the registration of SUBLIVAC Birch 40.000 AUN/ml and SUBLIVAC Trees 40.000 AUN/ml in Germany. The marketing authorizations were granted by German Therapieallergene Verordnung (TAV), which is the German Federal Ministry of Health, which regulates the marketing authorization requirements for the frequent therapeutic allergens.

Market Trends: Among regions, Europe allergy immunotherapy market is expected to hold a dominant position during the forecast period, owing to increasing marketing authorization by the regulatory authorities. For instance, in June 2019, ALK-Abelló A/S announced that it successfully completed the marketing authorization procedure for its tree sublingual allergy immunotherapy (SLIT) tablet in 17 European countries. ITULAZAX is expected to be the brand name of the tree SLIT-tablet.

Market Trends: Figure 2: Europe and Japan Allergy Immunotherapy Market (US$ Mn), by Region, 2022

Competitive Landscape: Major players operating in the Europe and Japan allergy immunotherapy market include Novartis International AG, Merck & Co., Inc., Aimmune Therapeutics, Inc., Regeneron Pharmaceuticals, Inc., HAL Allergy B.V., Stallergenes Greer, ALK-Abelló A/S, Allergy Therapeutics Plc, Torii Pharmaceutical Co., Ltd., and DESENTUM OY.