Seasonal Allergic Rhinitis Market is segmented By Drug Class (Antihistamines, Nasal Corticosteroids, Decongestants, Mast Cell Stabilizers, Immunotherapy, Leukotriene Receptor Antagonists), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned segments.
Market Size in USD
CAGR2.9%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 2.9% |
Market Concentration | Medium |
Major Players | Regeneron Pharmaceuticals, Revolo Biotherapeutics, Allergy Therapeutics, Emergo Therapeutics, ALKAbello |
The seasonal allergic rhinitis market is estimated to be valued at USD 10.8 billion in 2024 and is expected to reach USD 13.16 billion by 2031, growing at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031. The market is expected to showcase steady growth over the forecast period owing to the rising prevalence of allergic rhinitis and growing environmental pollution levels across the globe.