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The global allergy rhinitis drugs market size is estimated to grow by USD 3.17 billion at a CAGR of 3.92% between 2023 and 2028. Technological advances in allergy rhinitis diagnostics have a favorable influence on the market growth. The significant challenge faced by the market is the unclear pathogenesis and prognosis of various allergy indications. The unclear pathogenesis of these allergies leads to a poor diagnosis. Currently, blood tests, skin tests, and patch tests are being used to diagnose allergies. However, recent advances are helping to increase the number of patients being diagnosed in the early stages of allergy and, hence, making treatment more effective.
For instance, Siemens Healthcare manufactured the IMMULITE 2000 XPi Immunoassay system, which is being used for the diagnosis of various medical conditions such as allergy, anemia, autoimmune disorders, bone metabolism, diabetes, inflammation, various oncology indications, reproductive endocrinology, and thyroid. These advances are expected to lead to the identification of new allergens, which will lead to the development of better allergy rhinitis drugs, thus resulting in the growth of the market during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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