Global Hives Treatment Market, By Types (Acute Urticaria, Chronic Urticaria), Drugs (Antihistamines, H2 Antagonists, Tricyclic Antidepressants and Other), Mode of Administration (Injectable, Oral, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), End User (Hospitals, Homecare, Specialty Clinics, Others), Country (U.S., Canada, Mexico, Peru, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The hives treatment market is expected to witness market growth at a rate of 10.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on hives treatment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth in awareness regarding diseases globally is escalating the growth of hives treatment market.
Hives also called urticarial, refers to an inflammation of the skin that causes itchy, red, and raised welts on the skin that appear in varying shapes and sizes because of body's reaction to certain allergens or certain medication.
The increase in the number of people suffering from hives across the globe acts as one of the major factors driving the growth of hives treatment market. The increase in financial support to the researchers for developing novel intervention, and growth in awareness in the developing countries about infections and others diseases accelerate the market growth. The rise in need of drugs such as Antihistamines, H2 Antagonists, and Tricyclic Antidepressants among others for treating the inflammation of the skin, and acquisition strategies and company collaborations further influence the market. Additionally, increase in fund for research and development activities, rise in investment, rapid urbanization and high demand of disease specific novel treatment positively affect the hives treatment market. Furthermore, advancement in treatment and incorporation of novel formulation extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, concerns regarding patent expiry of branded drugs and introduction of generics are expected to obstruct the market growth. Low healthcare budget in some developing countries is projected to challenge the hives treatment market in the forecast period of 2021-2028.
This hives treatment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info hives treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Hives Treatment Market Scope and Market Size
The hives treatment market is segmented on the basis of types, drugs, mode of administration, distribution channel and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of types, the hives treatment market is segmented into acute urticaria and chronic urticaria.
- On the basis of drugs, the hives treatment market is segmented into antihistamines, H2 antagonists, tricyclic antidepressants and other.
- On the basis of mode of administration, the hives treatment market is segmented into injectable, oral and others.
- On the basis of distribution channel, the hives treatment market is segmented into hospital pharmacies, retail pharmacies and online pharmacies.
- On the basis of end user, the hives treatment market is segmented into hospitals, homecare, specialty clinics and others.
Hives Treatment Market Country Level Analysis
The hives treatment market is analyzed and market size information is provided by country, types, drugs, mode of administration, distribution channel and end user as referenced above.
The countries covered in the hives treatment market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the hives treatment market due to the presence of developed healthcare sector within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the increase in number of research projects in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Patient Epidemiology Analysis
The hives treatment market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analyzed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
Competitive Landscape and Hives Treatment Market Share Analysis
The hives treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related hives treatment market.
The major players covered in the hives treatment market report are Novartis AG, F. Hoffmann-La Roche Ltd, Elorac, GlaxoSmithKline PLC, CELLTRION INC, Teva Pharmaceutical Industries Ltd, LANNETT, WOCKHARDT, Amneal Pharmaceuticals LLC, Aurobindo Pharma, Sun Pharmaceutical Industries Ltd, Teva Pharmaceutical Industries Ltd, Zydus Cadila, Dr. Reddy’s Laboratories Ltd, Torrent Pharmaceuticals Ltd, and Breckenridge Pharmaceutical, Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.