Global Chronic Idiopathic Urticaria Treatment
Market Report
2024
The Global Chronic Idiopathic Urticaria Treatment Market size will grow at a compound annual growth rate (CAGR) of 25.90% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global chronic idiopathic urticaria treatment market size will grow at a compound annual growth rate (CAGR) of 25.90% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Chronic Idiopathic Urticaria Treatment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 25.9% |
Market Split by Product |
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Market Split by Treatment |
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Market Split by Form |
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Market Split by End-User |
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Market Split by Distribution Channels |
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Market Split by Route of Administration |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Chronic Idiopathic Urticaria Treatment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Chronic idiopathic urticaria (CIU), also called chronic hives or chronic spontaneous urticaria (CSU), are itchy, raised, red bumps or welts on the skin at least twice a week. This condition is not contagious and is likely caused by various factors, including environmental irritants, the immune system, and heredity. It may also serve as a defense mechanism against bacterial, fungal, or viral illnesses.
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the chronic idiopathic urticaria treatment industry.
The EP Group announced in March 2022 that Novan, Inc. will buy EPI Health, LLC. The pharmaceutical business Novan specializes in dermatology and is dedicated to creating effective treatments for skin conditions. To bring novel medications to market, the company utilizes its scientific foundation, which is based on nitric oxide, and its competence in clinical translation.
The increasing awareness of chronic idiopathic urticaria among both patients and healthcare professionals has amplified the need for accessible and efficient treatment options. As individuals affected by this perplexing condition seek medical assistance to alleviate its often distressing symptoms, the demand for targeted and tailored treatment approaches has grown. This surge in demand has catalyzed pharmaceutical companies' research and development efforts, resulting in the creation of a diverse array of treatment modalities ranging from antihistamines to advanced biologic therapies.
On December 19, 2022, Sanofi and Innate Pharma SA announced their collaboration, where Sanofi will now have a license to a program targeting B7H3 from Innate's ANKETTM platform. This program involves using natural killer (NK) cells as engagers in therapeutics.
(Source:www.sanofi.com/en/media-room/press-releases/2022/2022-12-19-06-00-00-2575893)
Furthermore, expanding diagnostic capabilities and a refined understanding of the underlying mechanisms of chronic idiopathic urticaria have contributed to recognizing its burden on patients' quality of life. This recognition has propelled healthcare providers and researchers to explore innovative strategies for managing the symptoms and the underlying causes.
Alternative treatment methods such as naturopathy and homeopathy pose significant challenges in the chronic idiopathic urticaria treatment market. Although these approaches draw attention for their holistic nature, their effectiveness lacks strong clinical validation and standardized guidelines. The complex immune mechanisms involved in chronic idiopathic urticaria require evidence-based interventions. Depending solely on alternative therapies may prolong the effective management of the condition, making symptoms worse and hindering disease progression.
The market for chronic idiopathic urticaria treatment has been significantly affected by the COVID-19 pandemic. This has led to disruptions in how patients receive care and treatment. Lockdown measures, fewer clinic visits, and the prioritization of COVID-19 have caused delays in diagnosing and initiating treatment for many patients with chronic idiopathic urticaria. The reallocation of healthcare resources towards managing the pandemic has also affected the timely management of non-emergency conditions.
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The market is expanding as a result of more research and development activity. This will present advantageous chances for the expansion of the chronic spontaneous urticaria industry. Along with this, an increase in medication releases and approvals will speed up the market's expansion. The expansion of the chronic spontaneous urticaria market will also benefit from increased investments in the development of innovative technologies and an increase in the number of developing markets during the projected period.
April 2021: According to the firm, the FDA has approved Genentech's additional Biologics License Application for Xolair (omalizumab) prefilled syringes for self-injection across all recognized U.S. indications. Genentech is a member of the Roche Group.
(Source:www.gene.com/media/press-releases/14904/2021-04-12/fda-approves-xolair-omalizumab-prefilled)
January 2021: According to Novartis, ibalizumab (QGE031) has been given the FDA's Breakthrough Therapy designation for treating chronic spontaneous urticaria (CSU), also known as chronic idiopathic urticaria (CIU), in patients who have not responded well to H1-antihistamine therapy.
Top Companies Market Share in Chronic Idiopathic Urticaria Treatment Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America is projected to dominate the revenue share in the upcoming period. The rising prevalence of chronic idiopathic urticaria has given this region a competitive advantage in the global chronic idiopathic urticaria market. Furthermore, the increased focus of major regional competitors on integrating innovative technologies is expected to drive the demand in North America during the forecast period. Additionally, the growing awareness about chronic idiopathic urticaria and the availability of advanced treatment options in North America contribute to this region's expansion. Moreover, well-established healthcare infrastructure and favorable reimbursement policies further support North America's market growth. According to Cognitive Market Research,the high prevalence of chronic idiopathic urticaria within the U.S. population underscores the need for effective management and treatment solutions, the United States has a well-established healthcare system, and the U.S. healthcare landscape encourages innovation and investments in healthcare technologies and therapies. The availability of a diverse array of treatment options.
Asia Pacific is projected to experience noteworthy revenue growth during the forecast period. The increasing demand from developing countries, coupled with heightened efforts to improve research and development activities in the field, is anticipated to drive the revenue growth of the global market for chronic idiopathic urticaria treatment. Moreover, factors such as the presence of generic drugs, convenient accessibility through various distribution channels, growing awareness of hypersensitivity, and expanded clinical reach to diverse geographical regions are expected to bolster the region's rapid revenue growth rate throughout the forecast period.
The current report Scope analyzes Chronic Idiopathic Urticaria Treatment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Chronic Idiopathic Urticaria Treatment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Chronic Idiopathic Urticaria Treatment Industry growth. Chronic Idiopathic Urticaria Treatment market has been segmented with the help of its Product, Treatment Form, and others. Chronic Idiopathic Urticaria Treatment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research,the tablets segment is likely the dominant category due to its widespread acceptance, ease of administration, and versatility. Tablets offer a convenient and familiar form of medication delivery, enabling patients to adhere to their treatment regimens consistently. The availability of various antihistamines, immune modulators, and other therapeutic agents in tablet form contributes to their dominance in addressing chronic idiopathic urticaria's multifaceted symptoms and mechanisms.
The injections segment is expected to be the fastest-growing category. Injections, particularly subcutaneous or intramuscular injections of biologic therapies, are gaining prominence for their targeted and potent treatment of chronic idiopathic urticaria. Biologics, with their ability to neutralize specific inflammatory mediators, offer patients a promising approach to managing severe symptoms resistant to traditional treatment.
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According to Cognitive Market Research, the pharmaceutical industry holds a stronghold within the medications category, primarily because of its recognized efficacy in effectively addressing the symptoms and root causes of chronic idiopathic urticaria. Medications like antihistamines, corticosteroids, and immune modulators present specific strategies to alleviate hives, itching, and inflammation. Clinical studies and medical recommendations support these treatments, equipping healthcare providers with evidence-based choices for customizing interventions to suit each patient's needs.
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According to Cognitive Market Research, the solids segment is likely dominant due to its convenience, precise dosing, and stability. Solid forms, such as tablets and capsules, offer patients a straightforward and easily manageable way to take medications. The standardized dosages ensure consistent treatment, making them a preferred choice for chronic idiopathic urticaria management. Moreover, solid formulations provide an extended shelf life and ease of storage, contributing to their dominance in the market.
The other segment, which may encompass innovative formulations like sublingual tablets or fast-dissolving formulations, is expected to be the fastest-growing category. These alternative formulations cater to patients seeking efficient and novel methods of administration. As research and technology advance, novel other forms have the potential to offer quicker onset of action, enhanced bioavailability, and improved patient compliance.
According to Cognitive Market Research, the offline distribution channel is likely the dominant category due to the necessity of personalized consultations and prescriptions from healthcare professionals. Chronic idiopathic urticaria's complex nature demands tailored treatment approaches, which healthcare providers can best offer in traditional offline settings. Patient trust in face-to-face interactions and the assurance of professional guidance contribute to the dominance of this segment.
The online segment is expected to be the fastest-growing category. With the increasing trend of digital health solutions, patients seek the convenience of researching, ordering, and receiving prescribed treatments online. This platform enables easy access to information, quick product comparisons, and doorstep delivery.
The oral route of administration is likely the dominant category due to its convenience, versatility, and patient familiarity. Oral medications, such as antihistamines and immune modulators, offer ease of administration, making them preferable for patients seeking accessible and self-administrable treatment options. Additionally, oral treatments can target systemic symptoms and address underlying mechanisms.
According to Cognitive Market Research, the topical segment is expected to be the fastest-growing category. Topical treatments, like creams and ointments, are gaining traction for localized symptom relief and addressing skin-related manifestations of chronic idiopathic urticaria, such as itching and redness. The specific targeting of affected areas aligns with patients' desire for precise interventions.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
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The Global Chronic Idiopathic Urticaria Treatment Market is witnessing significant growth in the near future.
In 2023, the Tablets segment accounted for noticeable share of global Chronic Idiopathic Urticaria Treatment Market and is projected to experience significant growth in the near future.
The Medications segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies F. Hoffmann-La Roche Ltd. , Sanofi and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Product | Tablets, Capsules, Creams, Lotions, Injections |
Treatment | Medications |
Form | Solids, Semi-solids, Others |
End-User | Hospital pharmacies, Online pharmacies, Retail pharmacies |
Distribution Channels | Online, Offline |
Route of Administration | Oral, Parenteral, Topical |
List of Competitors | F. Hoffmann-La Roche Ltd., Teva Pharmaceutical Industries Ltd, Sanofi, Pfizer Inc., Mylan N.V., GlaxoSmithKline plc, Novartis AG, Merck & Co., Inc., Eli Lilly and Company, Bayer AG, AstraZeneca plc, AbbVie Inc., Celldex Therapeutics, Inc., Allakos Inc., Novan, Inc., Nuvo Pharmaceuticals, Inc. |
This chapter will help you gain GLOBAL Market Analysis of Chronic Idiopathic Urticaria Treatment. Further deep in this chapter, you will be able to review Global Chronic Idiopathic Urticaria Treatment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Treatment Analysis 2019 -2031
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Chapter 12 Market Split by Form Analysis 2019 -2031
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Chapter 13 Market Split by End-User Analysis 2019 -2031
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Chapter 14 Market Split by Distribution Channels Analysis 2019 -2031
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Chapter 15 Market Split by Route of Administration Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Chronic Idiopathic Urticaria Treatment market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Tablets have a significant impact on Chronic Idiopathic Urticaria Treatment market? |
What are the key factors affecting the Tablets and Capsules of Chronic Idiopathic Urticaria Treatment Market? |
What is the CAGR/Growth Rate of Medications during the forecast period? |
By type, which segment accounted for largest share of the global Chronic Idiopathic Urticaria Treatment Market? |
Which region is expected to dominate the global Chronic Idiopathic Urticaria Treatment Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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