Ragweed Pollen Allergy Treatment MarketChallenges and Opportunities

Ragweed Pollen Allergy Treatment Market, by Drug Class (Antihistamines, Decongestants, Nasal Corticosteroids, and Others), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Channel), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Jul 2023

Code : CMI4054

Pages :160

Formats :

Excel and PDF

Industry : Pharmaceutical

Market Challenges And Opportunities

Global Ragweed Pollen Allergy Treatment Market- Restaints

Poor adherence to allergy treatments

The poor adherence to allergy treatments is expected to hamper the global ragweed pollen allergy treatment market growth. For instance, according to an article published by the Journal Frontiers in Allergy on January 5, 2022, study was performed to analyse dropout rates from subcutaneous immunotherapy (SCIT) for allergy treatment. A total of 719 patients were studied out of which 91% patient’s discontinued sublingual immunotherapy (SLIT). It was concluded that the inconvenience caused by SCIT and the adverse effects associated with subcutaneous and sublingual therapy are the main reasons for discontinuing these therapies among patients.

Growing number of geriatric population

Increasing number of geriatric population is expected to drive the global ragweed pollen allergy treatment market growth. Due to the compromised immune systems, geriatrics are more susceptible to get various types of allergies, further estimated to enhance the market’s growth rate.

Market- Challenges

Global ragweed pollen allergy treatment market faces significant challenges including poor adherence to treatments and high costs in emerging economies.