Towards Healthcare
Allergy Immunotherapy Market Size Uplifts $4.5 Bn by 2034

Allergy Immunotherapy Market Size, Trends & Europe Dominance

The allergy immunotherapy market size is calculated at $2.12 bn in 2025 is to hit $4.50 bn by 2034. In 2024, Europe led the allergy immunotherapy market share of 68%, with subcutaneous immunotherapy dominating treatment types. The tablets segment held the largest market share, while the drops segment is expected to grow significantly. The allergy rhinitis segment led by allergy type, with hospital pharmacies dominating distribution channels.

Allergy Immunotherapy Market Size, Companies and Shares

The global allergy immunotherapy market size is calculated at USD 1.95 billion in 2024, grew to USD 2.12 billion in 2025, and is projected to reach around USD 4.50 billion by 2034. The market is expanding at a CAGR of 8.73% between 2025 and 2034. The increasing incidences of allergies, growing awareness, and technological advancements drive the market.

Allergy Immunotherapy Market Size 2023 - 2034

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Key Takeaways

  • Europe held the major share of the allergy immunotherapy market  by 68% in 2024.
  • Asia-Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
  • By treatment type, the subcutaneous immunotherapy segment held a dominant presence in the market in 2024.
  • By treatment type, the sublingual immunotherapy segment is expected to grow at the fastest rate in the market during the forecast period.
  • By type, the tablets segment held the largest share of the market in 2024.
  • By type, the drops segment is predicted to witness significant growth in the market over the forecast period.
  • By allergy type, the allergy rhinitis segment led the global allergy immunotherapy market in 2024.
  • By allergy type, the allergy asthma segment is projected to expand rapidly in the market in the coming years.
  • By distribution channel, the hospital pharmacy segment registered its dominance over the global market in 2024.
  • By distribution channel, the online pharmacy segment will gain a significant share of the market over the studied period.

Allergy Immunotherapy Market: Protecting Immunity

Allergy immunotherapy, also known as desensitization or hypo-sensitization, is a treatment to develop a tolerance for allergic reactions. Immunotherapy refers to gradually exposing patients to small amounts of allergens to change the immune system’s response. The allergens are determined by skin or blood tests. Immunotherapy can treat allergies caused by grass pollens, house dust mites, bee venom, and food allergies. It is generally safe and effective for allergic rhinitis, allergic conjunctivitis, allergic forms of asthma, and stinging insects. The different types of immunotherapy used for allergies include allergy shots, sublingual immunotherapy tablets, and medications such as corticosteroids, decongestants and antihistamines.

The increasing incidences of allergic reactions such as environmental and food allergies necessitate their treatment with immunotherapy, boosting the market growth. The growing research and development activities involve developing novel and more effective allergy treatment regimens. The rising awareness about allergies and their type potentiates the demand for their treatment. Advancements in diagnostic techniques help physicians in clinical decision-making, ensuring effective treatment.

  • In September 2024, Mitsubishi Gas Chemical Company (MGC) announced a strategic partnership with Alerje, Inc. to transform allergy diagnosis and treatment globally. The partnership was made to develop a personalized allergy care solution to significantly improve patient outcomes and quality of life.
  • In July 2024, Australia announced a nationwide peanut oral immunotherapy program, ADAPT OIT, for treating babies with peanut allergy. The program is open to infants under 12 months and is a world-first program aimed at building tolerance for them.
  • In January 2024, Inimmune Corporation announced a collaboration with Intrommune Therapeutics to advance long-acting oral mucosal allergy immunotherapy (OMIT) for the treatment of peanut allergy. The collaboration will combine Intrommune’s OMIT with the rapid desensitization to allergens by Inimmune’s clinical-stage proprietary immunotherapy.

How Can AI Improve the Allergy Immunotherapy Market?

Artificial intelligence (AI) has immense potential to revolutionize the market, leading to the latest innovations. AI can be used to identify potential biomarkers involved in allergies. AI-based advanced diagnostic tools can also determine allergen sensitivity and enhance immunotherapy strategies. AI enables researchers to deeply understand allergic diseases and the immunotherapy response associated with the disease. AI helps in developing personalized immunotherapy for allergic patients. It results in developing novel treatments with enhanced efficiency, fewer side effects, and more affordability, leading to better outcomes. AI can also enable allergen mapping and targeted immunotherapy. Additionally, AI can provide real-time patient monitoring data after the administration of allergy immunotherapy.

Market Dynamics

Driver

Increasing Number of Clinical Trials

The increasing number of clinical trials is a major growth factor in the allergy immunotherapy market, owing to the growing research and development activities. The increasing incidences of various types of allergies govern the development of novel immunotherapy regimens. Numerous regulatory agencies necessitate clinical trial data for market approval of a treatment. Hence, several research institutions and pharmaceutical and biotechnology companies conduct clinical trials to study the effect of novel methods and materials on humans. Clinical trials are performed to assess the safety, efficacy, and toxicity profiles of developed immunotherapy. They also give an idea about the effective dosage for humans to administer. The rising collaborations, public-private partnerships, and mergers & acquisitions favor the market growth.

Active & Recruiting Trials, as of January, 2025

Restraint

Lack of Allergens

The market faces considerable challenges, including the lack of allergen extracts of known composition and potency for allergy diagnostic testing and AIT treatment. This restricts the development of allergy immunotherapy, hindering market growth.

Opportunity

Advancements in Treatment

The future of the allergy immunotherapy market is promising, driven by the latest advancements in treatment strategies. Several researchers have been focused on developing novel methods and molecules for treating allergies. Allergoids or recombinant allergens based on specific epitopes or joined to immunological adjuvants are under development to overcome challenges during conventional treatment. The latest innovations in recombinant technologies promote the development of recombinant allergens. Novel drug delivery systems are also designed to provide targeted treatment and timely delivery of allergens. Developing tailor-made vaccines containing major allergens or hypoallergenic allergens presents future market growth opportunities. The growing demand for personalized medicines also supports advancements in allergy treatments. Furthermore, the increasing investments in research and development activities lead to the latest innovations.

For instance,

  • In November 2023, an OMEGA safety study by Intrommune Therapeutics indicated that using oral mucosal immunotherapy in the form of toothpaste, INT301, appeared safe and effective for the treatment of adults with peanut allergy.

Segmental Insights

Subcutaneous Immunotherapy Segment Dominated

By treatment type, the subcutaneous immunotherapy segment held a dominant presence in the allergy immunotherapy market in 2024. Subcutaneous immunotherapy is allergy shots containing small amounts of allergens that are injected into patients through subcutaneous routes. This type of treatment is generally given for three to five years, depending on the patient’s requirements. It is highly preferred due to its faster onset of action and higher absorption. The segmental growth is attributed to its ability to develop a lasting beneficial effect and prevent new allergies and asthma. Also, it is the only treatment that changes the immune system.

Sublingual Immunotherapy Segment: Fastest-Growing

By treatment type, the sublingual immunotherapy segment is expected to grow at the fastest rate in the allergy immunotherapy market during the forecast period. Sublingual immunotherapy refers to administering tablets to allergic patients to keep them under the tongue. They do not require any trained professional to administer the drug, promoting the segment’s growth. In addition, they eliminate injection side effects such as swelling at the injection site and increasing redness.

Tablets Segment Held the Largest Share

By type, the tablets segment held the largest share of the allergy immunotherapy market in 2024. Tablets are highly preferred due to the growing demand for home healthcare. They eliminate the need for skilled professionals for drug delivery. The increasing use of sublingual immunotherapy and the rising geriatric population augment the segment’s growth. The geriatric population prefers tablets due to their convenience and non-invasiveness properties. Moreover, they are cheaper than other drug delivery systems, potentiating their demand.

Drops Segment: Significantly Growing

By type, the drops segment is predicted to witness significant growth in the market over the forecast period. The rising incidence of allergic reactions in children and infants boosts the segment’s growth. Drops are easily administered by both pediatric and geriatric populations. Their ease of use increases patient adherence. Drops can also provide tailored treatment dosing to patients based on their conditions or sensitivity.

Allergy Rhinitis Segment Led in 2024

By allergy type, the allergy rhinitis segment led the global allergy immunotherapy market in 2024. Allergy rhinitis mainly occurs due to environmental allergens such as dust, animal dander, or pollen. It causes inflammation of the nose, resulting in sneezing, congestion, and sore throat. The increasing incidences of allergic rhinitis due to air pollution and climate change fuel the segment’s growth. The prevalence of allergic rhinitis is estimated to be between 5% and 50% globally.

Allergy Asthma Segment: Fastest-Growing

By allergy type, the allergy asthma segment is projected to expand rapidly in the market in the coming years. Allergy asthma is mainly caused by pollen, dust mites, and pet dander. The rising incidences of allergy asthma and growing research and development activities boost the segment’s growth. In the U.S., about 1 in 4 adults and 1 in 5 children have seasonal allergies annually. Approximately 8.3% of Americans, or 24.9 million individuals, suffer from asthma.

The Hospital Pharmacy Segment Dominated

By distribution channel, the hospital pharmacy segment registered its dominance over the global allergy immunotherapy market in 2024. Hospital pharmacies provide a wide range of therapeutic options as prescribed by the doctor. The presence of trained professionals and multidisciplinary expertise promotes the segment’s growth. Additionally, the availability of suitable storage space and suitable capital investments drive the segment’s growth. Hospital pharmacies are also preferred due to favorable reimbursement policies. Ongoing clinical trial studies in some hospitals also benefit patients with better treatment outcomes.

Online Pharmacy Segment: Significantly Growing

By distribution channel, the online pharmacy segment will gain a significant share of the market over the studied period. The rising adoption of smartphones and internet connectivity propel the segment’s growth. Online pharmacies provide a wide range of options for patients, with vast product ranges and costs. It gives the benefit of ordering drugs from the comfort of patient’s homes. They also provide same-day home delivery services and special discount offers.

Regional Insights

Allergy Immunotherapy Market NA, EU, APAC, LA, MEA Share, 2024 (%)

Growing Number of Clinical Trials Drive Europe’s Market

Europe dominated the global allergy immunotherapy market share by 68% in 2024. The rising prevalence of allergies and favorable regulatory frameworks drive the market. Allergens have been subject to European law since 1989. The increasing number of clinical trials related to allergy immunotherapy positively impacts market growth. Europe registered the highest number of clinical trials on the clinicaltrials.gov website assessing the safety and efficacy of immunotherapy. There were 19 active and recruiting trials as of January 2025. The pharmaceutical companies in Europe also focus on advancing point-of-care diagnostics, allowing for early treatment. Thus, growing research and development activities and increasing investments contribute to the market.

For instance,

  • In January 2025, Stallergenes Greer announced that it received approval for the extension of Palforzia (peanut allergen) for the treatment of toddlers (aged 1-3 years) with a confirmed diagnosis of peanut allergy. 

Favorable Reimbursement Policies Dominated North America

North America held a significant share of the allergy immunotherapy market in 2024. The increasing incidences of allergy, technological advancements, and advanced healthcare infrastructure drive the market. According to the Asthma and Allergy Foundation of America, more than 100 million people in the U.S. experience various types of allergies annually. The favorable reimbursement policies also contribute to the market growth. The U.S. government’s Medicare and Medicaid Services provide reimbursement for allergy immunotherapy. A total of 12 million people in the U.S. are enrolled in both Medicaid and Medicare. In Canada, most public drug programs provide coverage for allergen immunotherapy. The new product launches by the U.S. Food and Drug Administration and Health Canada fuel the market.

For instance,

  • In February 2024, the U.S. FDA approved Xolair, the first FDA-approved medication, to reduce allergic reactions to more than one type of food after accidental exposure. Xolair was prepared in collaboration between Genentech and Novartis Pharmaceuticals.

Favorable Government Policies Promote Asia-Pacific

Asia-Pacific is anticipated to grow at the fastest rate in the allergy immunotherapy market during the forecast period. The growing research and development activities, rapid urbanization, and increasing investments drive the market. The favorable government support boosts the market. The Japanese government announced plans to promote allergen immunotherapy by encouraging SLIT utilization for allergic reactions goal to quadruple supply within five years. The Chinese Government is also actively working to create standardized allergen extracts and treatment protocols. It also aims to support research on novel allergens, personalized immunotherapy, and adjuvants. The increasing awareness about effective treatments of allergies also propels the market. Numerous research institutions and organizations conduct seminars, symposiums, and workshops to increase awareness among the general public about allergy immunotherapy.

Top Companies in the Allergy Immunotherapy Market

Allergy Immunotherapy Market Companies

Latest Announcement by Industry Leaders

Luke Barratt, former CEO of Xtract Solutions, commented on acquiring allergy testing and immunotherapy software from ModMed that they have considerable experience entering new markets and quickly evolving the experience of delivering care for its customers. He also added that the company aims to positively impact providers that treat allergies and is excited to join the ModMed team to revolutionize allergy care innovation.

Recent Developments in the Allergy Immunotherapy Market

  • In July 2024, researchers from the University of Michigan proved that inulin administered as gel-based immunotherapy prevented allergic reactions in mice for common peanut, egg white, and milk allergies. The researchers aim to conduct clinical trials to relieve millions worldwide suffering from food allergies.
  • In February 2024, researchers from the University of British Columbia identified that sublingual immunotherapy (SLIT) is a safer path to overcoming food allergies in older children and adolescents. SLIT is for patients for whom oral immunotherapy is risky and denied.

Segments Covered in the Report

By Treatment Type

  • Subcutaneous Immunotherapy
  • Sublingual Immunotherapy

By Type

  • Tablets
  • Drops

By Allergy Type

  • Allergic Rhinitis
  • Allergic Asthma
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

By Region

  • North America
    • US
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5411
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 23 January 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Rohan Patil is a market research expert with 5+ years of experience in healthcare, specializing in market dynamics, emerging trends, and technology-driven innovations to guide data-driven decisions for healthcare organizations.

Learn more about Rohan Patil

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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FAQ's

It is found that around 80% of patients see significant improvements in allergy symptoms, while 60% of patients have permanent benefits after three to five years of allergy shots.

The seven different types of allergies include food, pet, drug, pollen, latex, mold, and insect & pest allergies.

National Institute of Health, Asthma and Allergy Foundation of America, International Consensus Statement on Allergy and Rhinology.