Wilmington, Delaware, United States, June 07, 2022 (GLOBE NEWSWIRE) -- The global cat allergy in humans market is estimated to register growth at a CAGR of 6.3% during the forecast period from 2022 to 2031, as per an assessment by Transparency Market Research (TMR). Moreover, the market share for cat allergy in humans is projected to exceed US$ 7.8 Bn by 2031.
According to an article by Allergy U.K., children from families with a record of allergies are more prone to allergies in comparison with other children. Over the period of past few years, there has been a surge in the prevalence of allergies among families and children owing to their genetic links called ‘being atopic’. According to scientists, around 50% of the child population from atopic families is likely to suffer from allergies. On the other hand, in kids from non-atopic families, this allergy rate is 1 in 5.
Some of the additional factors intensifying the prevalence and severity of allergies include changing climate with rising levels of CO2, pollution, & particulate matter (PM) together with lifestyle changes of people from across the globe. As per the 2020 statistics by the World Allergy Organization (WAO), allergic rhinitis was one of the most predominant allergies globally that impacted the heath of around 400 million people, states a TMR study on the cat allergy in humans market.
Request Brochure of Cat Allergy in Humans Market Research Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=84817
Cat Allergy in Humans Market: Key Findings
- With a surge in the trend of adopting cats as pets, there has been an increase in the incidences of allergic responses among the pet owners. According to the statistics gained through skin prick tests, approximately 8% and 17% of population from the EU and the U.S., respectively, show allergic reactions to cats. This factor is resulting into revenue-generation opportunities in the global market for cat allergy in humans, note analysts at TMR.
- Key players in the cat allergy in humans market are focusing on different strategies in order to stay ahead of the competition. Moreover, several enterprises are increasing efforts to gain FDA approvals for new products. Such efforts are anticipated to play key role in the future market outlook for cat allergy in humans during the forecast period.
Request for Analysis of COVID-19 Impact on Cat Allergy in Humans Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=84817
Cat Allergy in Humans Market: Growth Boosters
- Surge in the adoption of cats as pets is resulting into increase in demand for cat allergy in humans market
- Rise in understating among people on pet allergy is driving the sales growth in the cat allergy in humans market
Get Exclusive PDF Sample Copy of Cat Allergy in Humans Market Report –
Cat Allergy in Humans Market: Regional Analysis
- The cat allergy in humans market in North America is prognosticated to maintain its dominance and register growth at a CAGR of 6.1% during the forecast period owing to a surge in the pet cat population and rise in the cases of cat allergy in humans in the region
- The Asia Pacific cat allergy in humans market is expected to show sizable growth opportunities in the forthcoming years owing to presence of sturdy healthcare infrastructure and increase in understanding pertaining to progressive immunotherapy including allergen immunotherapy in the allergy treatment
Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=84817
Cat Allergy in Humans Market: Key Players
Some of the key players profiled in the report are:
- Covis Pharma B.V
- Bayer AG
- GlaxoSmithKline plc
- HollisterStier Allergy (Jubilant Pharma, Cipla Limited
- Regeneron Pharmaceuticals, Inc
- Merck & Co. Inc
- Sanofi, Stallergenes Greer.
- Saiba Animal Health AG
Cat Allergy in Humans Market Segmentation
Treatment
- Antihistamines
- Corticosteroid Nasal Sprays
- Decongestants
- Leukotriene Inhibitors
- Others
Application
- Allergy Treatment
- Allergy Prevention
Distribution Channel
- Hospital Pharmacies
- Retail pharmacies
- Online Pharmacies
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
Allergy Immunotherapy Market: Increase in awareness about allergy treatment and high clinical R&D budget by governments and non-profit organizations are projected to fuel the allergy immunotherapy market during the forecast period.
Tree Nut Allergy Market: Companies operating in the U.S. tree nut allergy market should focus on diagnosis and treatment of food allergies with antihistamines. Rise in prevalence of peanut and walnut allergies, surge in consumption of tree nuts in the U.S. for their nutritional value, and changes in lifestyle & environment are expected to propel the market in the U.S. in the next few years.
Allergy Treatment Market: A number of indications are used as first line and adjunctive treatments are the use of antihistamines, albuterol, and steroids. Extensive R&D in injectable epinephrine has enriched the treatment of anaphylaxis, thereby boosting the allergy treatment market.
Animal Drug Compounding Market: Companies in the animal drug compounding market are increasing efforts to maintain a full line of chemicals and supplies to support veterinary compounding. Manufacturers in the animal drug compounding market are working closely with ingredient suppliers who provide APIs, bases, flavors, and formulas that support veterinary compounding.
Animal Healthcare Market: Increase in animal population, high prevalence of diseases, and surge in global consumption of meat and milk are projected to drive the global animal healthcare market during the forecast period.
About Us
Transparency Market Research is a global market intelligence company providing market research reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200,
Wilmington, Delaware 19801 USA
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
