Sublingual Immunotherapy Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Global Sublingual Immunotherapy Market size was valued at USD 1.6 billion in 2019 and is expected to grow at a compound annual growth rate CAGR of 9% from 2022 to 2028.

An allergy is a harmful immune response that the body produces to certain substances or allergens, such as dust, pollen, mites, or food. Allergy treatment usually consists of the use of antiallergic drugs and immunotherapy. These anti-allergic drugs or immunotherapeutic agents reduce the sensitivity to the allergen, thereby reducing the allergic reaction caused by the allergen. Immunotherapy has become the most prominent treatment for various allergic diseases in the past few years. Immunotherapy works by treating the underlying cause of the allergy. This treatment effectively controls and manages clinical symptoms, reduces or eliminates the need for drugs, prevents exacerbation of the disease, and reduces the extent of specific and nonspecific bronchial hyperactivity. Subcutaneous immunotherapy (SCIT) and sublingual immunotherapy (SLIT) are two types of immunotherapy. Due to the positive outcomes of immunotherapy, its acceptance is increasing in developed as well as developing countries.

Market Segments

By Allergy Type:

• Allergic Rhinitis
• Asthma
• Food Allergy
• Venom Allergy
• Others

By Distribution Channel

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy

Key Players

Key players operating in the global sublingual immunotherapy market include Allergon AB (Thermo Fisher Scientific, Inc.), HAL Allergy Group, Allergy Therapeutics, Stallergenes Greer, and ALK.

Scope of the Report

The research study analyzes the global Sublingual Immunotherapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Sublingual Immunotherapy Market Report

1. What was the Sublingual Immunotherapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Sublingual Immunotherapy Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Sublingual Immunotherapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.