Food Allergy Treatment Market Share
By Region, the Food Allergy Treatment Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
North America is currently leading the market for food allergies since past healthcare spending and incidence of food allergies are higher here; food allergies are also diagnosed more frequently than in other regions. Significant investment in R&D leads to advances in diagnostics, drugs, and novel therapies such as OIT.
Europe is a big, mature market in which innovative allergy treatments, such as OIT, are gaining popularity and adoption. European countries have access to various diagnostic methods, such as skin prick tests, blood testing, and oral meal challenges, which allow for accurate diagnosis. Furthermore, established pharmaceutical companies offer a wide range of allergy drugs, and innovative treatment techniques such as OIT are gaining popularity.