The pharmaceutical drug market is all about production, development and manufacturing of drugs and medicinal compounds (Khanna, 2012). Medicinal compounds, on the other hand, include all active chemical or organic products with capabilities of eradication and control of diseases.
allergy drug market, pharmaceutical industryThere are three clusters together that help in the growth and development of the pharmaceutical business.
allergy drug market, pharmaceutical industryAccording to a report by STATISTA, (2017), pharmaceutical R&D expenditures was valued at USD 159 billion globally in 2016.
allergy drug market, industry analysis, pharmaceutical industryR&D investments are an important component for driving the sales and distribution of the pharmaceutical drug market (Pammolli, Magazzini, & Riccaboni, 2011).
allergy drug market, ayush, industry overview, situational mappingAccording to a report by WHO, (2015) asthmatic drugs comprised approximately 30% of the overall drugs market. However, allergic cases such as drug hypersensitivities, food hypersensitivities, skin allergies, and others; lack a significant market share in spite of their rising prevalence.
allergy drug market, pharmaceutical industryResearch capability in drug development comprises of R&D expenditure, human capital, and an ecosystem of innovations
allergy drug marketAtopic dermatitis (eczema), an immune-mediated skin disease, continues to exhibit rising prevalence trends around the globe. As shown in the previous article, the worldwide patterns of the disease occurrence tend not to show any decline. The atopic dermatitis burden has also been stipulated to be on the rise due to associations with a number of co-morbidities.
allergy drug marketAllergy is hypersensitivity of the immune system or abnormal reaction of the immune system to foreign antigens. Allergy-related common diseases include allergic rhinitis, urticaria, eczema, anaphylaxis, conjunctivitis, and asthma. Allergy may affect the lungs, stomach, skin, nose, throat, and eyes.
allergy drug market, market dynamics