Global ragweed pollen allergy treatment market is estimated to be valued at US$ 954.5 million in 2023 and is expected to exhibit a CAGR of 4.6 % during the forecast period (2023-2030).
Figure 1. Global Ragweed Pollen Allergy Treatment Market Share (%), By Drug Class, 2023
Global Ragweed Pollen Allergy Treatment Market– Drivers
Increasing research & development activities in ragweed pollen allergy treatment
Increasing research & development activities in ragweed pollen allergy treatment is expected to drive the global ragweed pollen allergy treatment market growth over the forecast period.
Global Ragweed Pollen Allergy Treatment Market– Impact of Coronavirus (COVID-19) Pandemic
Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.
Global Ragweed Pollen Allergy Treatment Market Segmentation:
Based on drug class, the global ragweed pollen allergy treatment market is segmented into antihistamines, decongestants, nasal corticosteroids, and others. Out of which, the antihistamines segment is expected to dominate the market due to increasing launch of these category of drug as anti-allergic medication.
Market- Trends
Global ragweed pollen allergy treatment market report is segmented into drug class, distribution channel, and region, and market trends suggest rapid growth due to increasing awareness and treatment options.
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