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Antihistamines Market Estimated to Reach USD 372.16 MN By 2028, With 9.50% CAGR – Credence Research

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Antihistamines Market Estimated to Reach USD 372.16 MN By 2028, With 9.50% CAGR – Credence Research

July 28
19:26 2022
Antihistamines Market Estimated to Reach USD 372.16 MN By 2028, With 9.50% CAGR - Credence Research
The key players in the global Antihistamines market in terms of value and volume include Akorn, Incorporated (US), Pfizer Inc. (US), Bristol-Myers Squibb Company (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Mylan N.V. (US),Glenmark pharma (India), F. Hoffmann-La Roche Ltd. (Switzerland), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France).

The latest market report published by Credence Research, Inc. “Global Antihistamines Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028″. The Global Antihistamines Market generated revenue of around USD 215.9 million in 2021 and is anticipated to grow a CAGR of over 9.50% during the forecast period from 2022 to 2028 to reach around USD 372.16 million in 2028. While, cumulative growth opportunity presented by the global Antihistamines is around USD 156.26 million from 2022 to 2028.

The increasing incidence of allergic responses and allergies worldwide is a significant element fueling the market’s expansion for antihistamine medications. Antihistamines are used to treat seasonal allergies, motion sickness, nausea, cold and cough, and anxiety. They are also employed to treat urticaria, a skin allergy. The increase in healthcare spending, which helps to improve its infrastructure, is a crucial element influencing the growth rate of the antihistamine medicine market. The antihistamine medications market will also grow due to growing public and private activities to raise awareness about how to treat diverse allergic reactions. Additionally, the antihistamine medications market will grow due to increased disposable income and changing consumer lifestyles. Along with this, the market’s growth rate will be accelerated by the growing elderly population and the development of novel medication therapies for the treatment of allergic illnesses.

Second-generation antihistamines expected to retain its market dominance during the forecast period

Second-generation antihistamines such as acrivastine, cetirizine, desloratadine, fexofenadine, levocetirizine, and loratadine are preferred as first-line of treatment in diseases such as allergic rhinitis, urticaria, and atopic dermatitis. The key factors assisting the growth of second-generation antihistamines are rising prevalence of allergies, increasing awareness related to early diagnosis & treatment of allergies, and overall development in the treatment technology. However, the main reason for prescribing second-generation antihistamines is there are very few second-generation antihistamines that cross blood-brain barrier and have sedating effect. Cetirizine causes drowsiness that may lead to accidents with people driving car or handling heavy machinery. Thus, levocetirizine is now preferred over cetirizine due to its non-sedating effect. Second-generation antihistamines possess a longer duration of action and plasma half-life compared to first generation drugs, which makes it easy to decrease the number of daily intakes.

Click here to get the short-term and long-term impact of COVID-19 on this Market: https://www.credenceresearch.com/report/antihistamines-market

Antihistamines Market Scope

Report Attribute

Details

Market Value in 2021

USD 215.9 Million

Market Value in 2028

USD 371.2 million

CAGR

9.50%

Benchmarking Year

2021

Past data

2016 – 2021

Forecast period

2022 – 2028

The global Antihistamines market is bifurcated into Type, Indication, Dosage Form, Route of Administration, End User, Distribution Channel, and Geography. Based on type, the market is categorized into prescription-based and over-the-counter (OTC). Based on indication, the global market is segmented into urticaria, allergy, dermatitis, and others. Based on the dosage form, the market is bifurcated as tablets, capsules, and others). By route of administration, the market is categorized into (oral, parenteral, and others). The market is categorized into hospitals, specialty clinics, home care, and others based on end-users. On the basis of distribution channels, the global market is segmented into hospital pharmacy, retail pharmacy, online pharmacy, and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Segmentation of Global Antihistamines Market-

Global Antihistamines Market – By Type

  • Prescription-based
  • Over-the-counter (OTC))

Global Antihistamines Market – By Indication

  • Urticaria
  • Allergy
  • Dermatitis
  • Others

Global Antihistamines Market – By Dosage form

  • Tablets
  • Capsules
  • Others

Global Antihistamines Market – By Route of Administration

  • Oral
  • Parenteral
  • Others

Global Antihistamines Market – By End-Users

  • Tablets
  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

Global Antihistamines Market – By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Hospitals
  • Others

Why to Buy This Report-

  • The report provides a qualitative as well as quantitative analysis of the global Antihistamines market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
  • The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
  • In-depth analysis of the global market segmentation on the basis of Type, Indication, Dosage Form, Route of Administration, End User, and Distribution Channel.
  • Major countries in each region with their import/export statistics
  • The global Antihistamines market report also includes analyzing the global, regional, and country level, along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse Full Report with Complete ToC: https://www.credenceresearch.com/report/antihistamines-market

Table Of Content:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Antihistamines Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Antihistamines Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Type

3.3.2. Dosage Form

3.3.3. Indication

3.3.4. Route of Administration

3.3.5. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Route of Administrations

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Antihistamines Market Pre Vs Post COVID 19, 2019 – 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Antihistamines Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Antihistamines Market, by Type, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Prescription-based

6.2.3. Over-the-counter (OTC))

6.2.4. Others

6.3. North America Antihistamines Market, by Dosage Form, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Tablet

6.3.3. Capsules

6.3.4. Others

6.4. North America Antihistamines Market, by Indication, 2016-2028(US$ Bn)

6.4.1. Overview

6.4.2. Urticaria

6.4.3. Allergy

6.4.4. Dermatitis

6.4.5. Others

6.5. North America Antihistamines Market, by Route of Administration, 2016-2028(US$ Bn)

6.5.1. Overview

6.5.2. Oral

6.5.3. Parenteral

6.5.4. Others

6.6. North America Antihistamines Market, by Sales Channel, 2016-2028(US$ Bn)

6.6.1. Overview

6.6.2. Online

6.6.3. Direct Sales

6.6.4. Pharmacies/Drug Stores

6.6.5. Other offline channels

7. Europe

………….

8. Asia Pacific

………..

9. Latin America

…………

10. Middle East

……………

11. Africa

…………….

12. Global

…………..

13. Company Profiles

13.1. Akorn, Incorporated

13.2. Pfizer Inc.

13.3. Bristol-Myers Squibb Company

13.4. GlaxoSmithKline plc

13.5. Novartis AG

13.6. Mylan N.V.

13.7. Glenmark pharma

13.8. F. Hoffmann-La Roche Ltd.

13.9. Teva Pharmaceutical Industries Ltd.

13.10. Sanofi

13.11. Others

……………

List of Figures

FIG. 1 Global Antihistamines Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Antihistamines Market Segmentation

FIG. 4 Global Antihistamines Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Antihistamines Market, by Dosage Form, 2021 (US$ Bn)

FIG. 6 Global Antihistamines Market, by Geography, 2021 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2021

FIG. 8 Global Market Positioning of Key Antihistamines Market Manufacturers, 2019

FIG. 9 Global Antihistamines Market Value Contribution, By Type, 2021 & 2028 (Value %)

FIG. 10 Global Antihistamines Market, by Prescription-based, Value, 2016-2028 (US$ Bn)

FIG. 11 Global Antihistamines Market, by Over-the-counter (OTC)), Value, 2016-2028 (US$ Bn)

FIG. 12 Global Antihistamines Market Value Contribution, By Dosage Form, 2021 & 2028 (Value %)

FIG. 13 Global Antihistamines Market, by Tablet, Value, 2016-2028 (US$ Bn)

FIG. 14 Global Antihistamines Market, by Capsules, Value, 2016-2028 (US$ Bn)

FIG. 15 Global Antihistamines Market Value Contribution, By Indication, 2021 & 2028 (Value %)

FIG. 16 Global Antihistamines Market, by Urticaria, 2016-2028 (US$ Bn)

FIG. 17 Global Antihistamines Market, by Allergy, Value, 2016-2028 (US$ Bn)

FIG. 18 Global Antihistamines Market, by Dermatitis, Value, 2016-2028 (US$ Bn)

FIG. 19 Global Antihistamines Market, by Others, Value, 2016-2028 (US$ Bn)

FIG. 20 Global Antihistamines Market Value Contribution, By Route of Administration, 2021 & 2028 (Value %)

……………

Browse Full Report with ToC, List of Figures and List of Tables: https://www.credenceresearch.com/report/antihistamines-market

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