Hypersensitivity Pneumonitis Market Research Report, By Type (Acute, Subacute, Chronic), By Therapy (Diagnosis (Chest Lung Function Tests, X-Ray, Lung Biopsy) Treatment (Pharmacological (Corticosteroid))), End User (Hospital) – Global Forecast till 2023
The global hypersensitivity pneumonitis market is expected to grow at a CAGR of 8.4% during forecast period.
Key players for Hypersensitivity Pneumonitis Market
The key players for the global hypersensitivity pneumonitis market: Novartis (Switzerland), Abbott (U.S.), AstraZeneca (U.K), Abbott (US) Eli Lilly (U.S.), Bayer Cropscience Ltd. (U.S.)., Sunpharma (India), Merck & Co. (U.S.), Pfizer (U.S.), Svizera Healthcare (India), F. Hoffman La Roche AG (Germany), Sanofi (France), and Novo Nordisk (Denmark).
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SEGMENTATION FOR HYPERSENSITIVITY PNEUMONITIS MARKET
The global hypersensitivity pneumonitis market is segmented on the basis of types, therapy, and end users.
On the basis of types, the market is segmented into acute hypersensitivity pneumonitis, subacute hypersensitivity pneumonitis, and chronic hypersensitivity pneumonitis.
On the basis of therapy, the market is segmented into diagnosis, and treatment. Diagnosis is further segmented into chest lung function tests, X-ray, lung biopsy, and others. Treatment is further classified into pharmacological and non-pharmacological. Pharmacological is further segmented into corticosteroid therapy, immunosuppressive therapy and others.
On the basis of end users, the market is segmented into hospital, clinics, and others.
REGIONAL ANALYSIS FOR HYPERSENSITIVITY PNEUMONITIS MARKET
America commands the largest share in the global hypersensitivity pneumonitis market owing to a relatively larger patient population suffering from respiratory allergy and huge geriatric population. According to the Asthma and Allergy Foundation of America, in 2015, 8.2% of adults and 8.4% of children were diagnosed with hay fever. The report also states that, annual cost of allergies exceeds USD 18 billion and food allergies cost about USD 25 billion per year. Changing lifestyle, high healthcare spending and increasing geriatric population have boosted the growth of the market in America. Additionally, increasing awareness among the people regarding different diagnostic procedures has also supported the growth of the market.
Europe is the second largest market for hypersensitivity pneumonitis, which is followed by Asia Pacific. Availability of funds for research, changing environment conditions and government support for research & development will drive the market.
MARKET SCENARIO FOR HYPERSENSITIVITY PNEUMONITIS MARKET
Hypersensitivity pneumonitis is a complex syndrome caused due to exposure to a variety of organic particles. Hypersensitivity pneumonitis is divided into three types, acute hypersensitivity pneumonitis, subacute hypersensitivity pneumonitis, and chronic hypersensitivity pneumonitis which is based on the based on the duration of the illness. According to the American Academy of Allergy, Asthma & Immunology (2013), 10%-30% of the global population suffers from allergic rhinitis. Increasing prevalence of patients suffering from hypersensitivity pneumonitis, and increasing pollution have boosted the growth of the market. Additionally, According to the American Academy of Allergy, Asthma & Immunology, in 2013, globally, sensitization rates to one or more common allergens among school children is approximately 40%-50% and in 2012, 10.6% children were diagnosed with respiratory allergies. Moreover, increasing prevalence of respiratory diseases, increasing healthcare expenditure, and strong government support for research & development have also contributed to the growth of the market. Rising geriatric population also supports the growth of the market. However, lack of long term treatment and awareness about the diseases may lead to slow the growth of the market.
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MAJOR TOC FOR HYPERSENSITIVITY PNEUMONITIS MARKET
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
LIST OF TABLES
Table 1 Hypersensitivity Pneumonitis Industry Synopsis, 2017 – 2023
Table 2 Global Hypersensitivity Pneumonitis Market Estimates and Forecast, 2017 – 2023, (USD Million)
Table 3 Global Hypersensitivity Pneumonitis Market by Region, 2017 – 2023, (USD Million)
Table 4 Global Hypersensitivity Pneumonitis Market by Types, 2017 – 2023, (USD Million)
Table 5 Global Hypersensitivity Pneumonitis Market by Therapy, 2017 – 2023, (USD Million)
Table 6 Global Hypersensitivity Pneumonitis Market by End Users, 2017 – 2023, (USD Million)
Table 7 North America Hypersensitivity Pneumonitis Market by Types, 2017 – 2023, (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Hypersensitivity Pneumonitis Market
Figure 3 Segmentation Market Dynamics for Global Hypersensitivity Pneumonitis Market
Figure 4 Global Hypersensitivity Pneumonitis Market Share, By Type 2016
Figure 5 Global Hypersensitivity Pneumonitis Market Share, By Therapy 2016
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