Allergic Rhinitis Market

Allergic rhinitis, also known as hay fever, is an allergic disease associated with the nose. The allergic rhinitis affects when the immune system of the human body becomes sensitized and overreacts to specific allergens in the environment which are generally not harmful to most of the people. Allergic rhinitis can be categorized as three different types viz., seasonal, perennial, and occupational.

Key Contributing Factors

There are numerous factors that contribute to the growth of the allergic rhinitis market. The key factors are mentioned below in brief.

Rising Prevalence of Allergic Rhinitis

According to the American Academy of Asthma & Immunology, allergic rhinitis affects 10% to 30 % of the global population. Additionally, National Center for Biotechnology Information (NCBI) reported that the prevalence of allergic rhinitis in the US is approximately 15% based on the physician’s diagnosis and as high as 30% on the basis of self-reported nasal symptoms.

Government Initiatives to Create Awareness

International organizations are creating awareness in order to address diagnosis, management, prevention, and awareness of chronic obstructive lung disease. For instance, Allergic Rhinitis and its Impact on Asthma (ARIA), has collaborated with the World Health Organization (WHO), to educate and implement evidence-based management for allergic rhinitis and asthma worldwide.

Increasing Healthcare Expenditure

Respiratory disease is a huge burden on society in terms of disability and premature mortality, and also indirect health service costs, drugs prescribed, and the indirect costs related to lost production. For instance, according to a survey by the NCBI, the average per-patient expenditure for prescription medication was USD 657 yearly.