Towards Healthcare
Targeted Drugs for Allergic Diseases Market to Lead USD 30.22 Bn by 2034

Targeted Drugs for Allergic Diseases Market

Based on market forecasts, the targeted drugs for allergic diseases sector will expand from USD 13.96 billion in 2024 to USD 30.22 billion by 2034, experiencing a CAGR of 8.06%. The targeted drugs for allergic diseases market is growing due to rising cases of allergies across the globe. North America is dominating due to a high demand for research in developing targeted drugs.

Category: Therapeutic Area Insight Code: 6374 Format: PDF / PPT / Excel

Targeted Drugs for Allergic Diseases Market Size and Top Key Players with Insights

The global targeted drugs for allergic diseases market size is calculated at US$ 13.96 billion in 2024, grew to US$ 15.08 billion in 2025, and is projected to reach around US$ 30.22 billion by 2034. The market is expanding at a CAGR of 8.06% between 2025 and 2034.

Due to the growing incidence of allergic disorders such as atopic dermatitis, asthma, and chronic sinusitis, as well as the growing need for efficient and focused treatments, the global targeted drugs for allergic diseases market is expanding rapidly. Numerous causes are driving this increase, including improvements in drug discovery that result in more effective and focused treatments, rising healthcare costs worldwide, and patients' greater knowledge of the medicines that are available.

Key Takeaways

  • Targeted drugs for allergic diseases industry poised to reach USD 13.96 billion by 2024.
  • Forecasted to grow to USD 30.22 billion by 2034.
  • Expected to maintain a CAGR of 8.06% from 2025 to 2034.
  • North America dominated the targeted drugs for allergic diseases market in 2024, with a revenue of approximately 40%.
  • Asia Pacific is expected to grow at the fastest CAGR during the forecast period.
  • By drug class/type, the monoclonal antibodies segment dominated the market with a revenue of approximately 48% in 2024.
  • By drug class/type, the anti-IgE and anti-IL biologics segment is expected to grow at the fastest CAGR during the forecast period.
  • By indication, the asthma segment dominated the market with a revenue of approximately 40% in 2024.
  • By indication, the atopic dermatitis segment is expected to grow at the fastest CAGR during the forecast period.
  • By mechanism of action, the anti-IgE pathway inhibitors segment dominated the targeted drugs for allergic diseases market with a revenue of approximately 24% in 2024.
  • By mechanism of action, the IL-4/IL-13 pathway blockers segment is expected to grow at the fastest CAGR during the forecast period.
  • By route of administration, the subcutaneous injection segment dominated the market with a revenue of approximately 55% in 2024.
  • By route of administration, the oral segment is expected to grow at the fastest CAGR during the forecast period.
  • By end-user, the hospitals & specialty clinics segment dominated the targeted drugs for allergic diseases market with a revenue of approximately 45% in 2024.
  • By end-user, the homecare/self-administration patients segment is expected to grow at the fastest CAGR during the forecast period.

What are Targeted Drugs for Allergic Diseases?

The growth of targeted drugs for allergic diseases market is driven by rising allergy prevalence, advances in biologics and precision medicine, expanding indications for monoclonal antibodies, and a shift from symptomatic treatments to long-term immunomodulation and disease control.

The market encompasses the development, production, and commercialization of biologics, monoclonal antibodies, small molecules, and novel immunomodulators designed to specifically target pathways involved in allergic diseases such as asthma, atopic dermatitis, allergic rhinitis, chronic rhinosinusitis with nasal polyps (CRSwNP), and food allergies. These therapies primarily act on cytokines, immunoglobulin E (IgE), and interleukin pathways (e.g., IL-4, IL-5, IL-13, IL-31) to modulate immune response and inflammation.

In recent years, allergic diseases have become much more common. It affects 40% of the population. About 400 million people worldwide suffer from allergic rhinitis, 300 million from asthma, 10–20% of children have atopic dermatitis, and 4–10% have food allergies. These conditions put a tremendous strain on humankind's mental and financial well-being.

Market Outlook

  • Industry Growth Overview: The targeted drugs for allergic diseases market is anticipated to grow significantly between 2025 and 2034. Growing allergy prevalence, the need for personalized medicine, and developments in immunotherapy and biologics, which will result in more precise and efficient treatments, will all contribute to this growth.
  • Major Investors: Major players in this targeted drugs for allergic diseases market include the Droege Group, the parent company of HAL Allergy, and venture capital firms like Khosla Ventures and Seventure, which have invested in businesses like Siolta Therapeutics to develop microbiome-based therapies.
  • Startup Ecosystem: With an emphasis on biologic therapies that block particular immune pathways, targeted medications for allergic diseases are developing quickly. This innovation is largely driven by the biotech startup ecosystem, where numerous businesses are developing cutting-edge immunotherapies, diagnostic instruments, and AI-powered drug discovery platforms.

How is AI Transforming the Market?

Artificial intelligence (AI) is likely to promote the growth of the targeted drugs for allergic diseases market, which is altering clinical allergy practice by enhancing diagnostic accuracy, personalizing therapy, and speeding healthcare delivery. AI-powered technologies, comprising clinical decision support systems (CDSS), natural language processing (NLP), and conversational agents, are being introduced into allergy services, promising gains in documentation, risk assessment, and remote patient engagement.

Segmental Insights

What made the Monoclonal Antibodies Segment Dominant in the Market in 2024?

By drug class/type, the monoclonal antibodies segment was dominant in the targeted drugs for allergic diseases market with a revenue of approximately 48% in 2024. Monoclonal antibody therapy has advanced significantly during the past 20 years in treating a wide range of illnesses, including allergic disorders. This progress has been made possible by the ongoing expansion of knowledge on the cellular and molecular mechanisms behind the allergic cascade, which has made it possible to pinpoint precise targets for treatment.

By drug class/type, the anti-IgE and anti-IL biologics segment is estimated to grow at the fastest CAGR during 2025-2034. Because biological treatments target certain immunological components implicated in the pathophysiology of these chronic disorders, they constitute a paradigm change in the treatment of allergic diseases. The most promising biologics for CIU at the moment are anti-IgE, anti-IL-4/13, and anti-IL-1 treatments.

Why was the Asthma Segment Dominant in the Market in 2024?

By indication, the asthma segment was dominant in the targeted drugs for allergic diseases market with a revenue of approximately 40% in 2024. According to estimates, asthma affects 358 million people globally, making it the most prevalent respiratory condition. Children aged 5 to 9 years had the highest frequency of asthma (21.231 million males and 16.057 million females).

By indication, the atopic dermatitis segment is estimated to grow at the fastest CAGR during 2025-2034. In terms of disability-adjusted life years (DALYs), atopic dermatitis ranks first among all skin diseases worldwide and 15th among non-fatal diseases. An estimated 204 million individuals worldwide suffer from atopic dermatitis (AD), a very common noncommunicable disease.

Which Mechanism of Action Segment Dominated the Market in 2024?

By mechanism of action, the anti-IgE pathway inhibitors segment was dominant in the targeted drugs for allergic diseases market with a revenue of approximately 24% in 2024. Monoclonal antibodies that target IgE, like omalizumab, have been shown to be highly effective in lowering the need for systemic corticosteroids in cases of severe allergic asthma, reducing asthma exacerbations, and improving respiratory symptoms and quality of life.

By mechanism of action, the IL-4/IL-13 pathway blockers segment is estimated to grow at the fastest CAGR during 2025-2034. Immunotherapeutics that employ big, monoclonal antibody molecules that target the IL-4 or IL-13 cytokines or their corresponding receptors make up the vast majority of inhibitory therapeutics being researched for IL-4 pathway inhibition.

How the Subcutaneous Injection Segment Dominated the Market in 2024?

By route of administration, the subcutaneous injection segment was dominant in the targeted drugs for allergic diseases market with a revenue of approximately 55% in 2024. The most popular and successful type of allergy immunotherapy is allergy injections. In addition to reducing sensitivity to allergens, allergy shots frequently provide long-lasting relief from symptoms, even after treatment is discontinued. For many people, this makes it a beneficial and affordable treatment option.

By route of administration, the oral segment is estimated to grow at the fastest CAGR during 2025-2034. Oral medication administration is the most common, practical, and cost-effective approach. The majority of drug absorption usually occurs in the small intestine, and the bioavailability of a medication is influenced by the amount of drug absorbed through the intestinal epithelium.

Which End-User Segment Dominated the Market in 2024?

By end-user, the hospitals & specialty clinics segment was dominant in the targeted drugs for allergic diseases market with a revenue of approximately 45% in 2024. When an allergy's symptoms are severe, persistent, or uncontrollable with over-the-counter (OTC) remedies, people seek treatment in hospitals and specialty clinics. Specialist diagnosis, cutting-edge therapies like immunotherapy, and prescription-strength drugs that are unavailable elsewhere are all made available in hospitals and clinics.

By end-user, the homecare/self-administration patients segment is estimated to grow at the fastest CAGR during 2025-2034. In addition to being safe, home therapy gives patients more control over how their treatment is delivered. The cost-effectiveness of home treatment in comparison to hospital treatment has shown a lot of promise.

Regional Insights

What made North America dominant in the Market in 2024?

North America dominated the targeted drugs for allergic diseases market with an approximate share of 42% in 2024, caused by a high prevalence of allergic diseases. The area's well-established pharmaceutical sector, state-of-the-art medical facilities, widespread screening procedures, and advantageous reimbursement policies have encouraged widespread use of both cutting-edge immunotherapies and conventional anti-allergy medications and increased treatment rates. Market penetration is aided by top pharmaceutical companies with FDA approvals and a robust clinical channel.

Rise in Allergies Drives the Market in the U.S.

According to recent reports, over 100 million Americans experience allergies annually, including seasonal, skin, and food allergies. Food allergies affect up to 11% of adults and 8% of children, with peanuts, milk, and shellfish being common triggers. Respiratory issues like hay fever impact about 60 million people yearly. Eczema affects approximately 18.9 million adults and 8 million children.

Rise in the Development of Biologics is Driving the Asia Pacific

Asia Pacific is estimated to host the fastest-growing targeted drugs for allergic diseases market during the forecast period. The Asia-Pacific market is expanding quickly due to the rise in allergic conditions, especially in nations like China and Japan, which is driving up demand for anti-allergic medications. The development of new anti-allergic medications is continuously progressing in the Asia Pacific market. Biologics, which are being used more and more to treat severe allergic conditions like asthma, are one important area of focus.

Rise in Food Allergies is Driving the Market in China

Food allergy patterns are changing significantly in China, a country with a large population and landmass. In contrast to Western nations, where tree nuts are frequently triggered, Chinese people are increasingly experiencing allergic reactions to wheat, seafood, and fruits. The prevalence of food allergies varied from 3.13% to 11.9% in northern China, where wheat and other coarse and mixed grains are staples. On the other hand, food allergies were more common in southern China, where they ranged from 3.5% to 21.13%.

How is the Market’s Growth in Europe?

Europe is expected to grow at a significant CAGR in the targeted drugs for allergic diseases market during the forecast period. The market for allergy diagnostics and treatments in Europe is anticipated to expand quickly due to stricter regulations like the EU In Vitro Diagnostic Regulation (IVDR), rising public health awareness, and the prevalence of allergic diseases. The need for early allergy detection and customized treatments is rising as a result of European governments' promotion of preventive healthcare.

What are the UK Market Trends?

Allergies have become a modern plague in the UK, affecting more and more adults and children each year. Twenty million people, or one-third of the UK population, suffer from an allergy. The allergies of 5 million people are so bad that they need specialized care. Allergies affect 150 million people in Europe. It is predicted that 50% of people in Europe will have allergies by 2025. The NHS spends around £900 million a year on allergies. 

Market Value Chain Analysis

R&D

Identifying disease targets, conducting drug discovery, performing preclinical laboratory and animal testing, conducting human clinical trials, and obtaining regulatory approval are all steps in the research and development (R&D) process. Additionally, post-market surveillance is carried out.

Clinical Trials and Regulatory Approvals

Clinical trials go through stages to evaluate the safety and effectiveness of targeted medications in humans. After reviewing this data, regulatory agencies such as the FDA authorize the new medication or biologic to be sold. After that, post-market surveillance monitors long-term security.

Formulation and Final Dosage Preparation

Regulatory approval with manufacturing quality control, stability testing, clinical trials, API characterization, excipient compatibility, and dosage form optimization (e.g., tablet, injectable) are among the steps.

Top Vendors in the Market & Their Offerings

  • Sanofi S.A.: provides Dupixent, a monoclonal antibody that targets type 2 inflammation in diseases like asthma and atopic dermatitis (in collaboration with Regeneron). In addition, the company has a history of immunology research and consumer allergy products.
  • Regeneron Pharmaceuticals Inc.: Dupixent, which targets type 2 inflammatory diseases, was co-developed with Sanofi. The goal of Regeneron's research is to create antibody-based medications for inflammatory and allergic diseases.
  • AstraZeneca Plc: focuses on immunology and respiratory conditions, providing biologics such as Tezspire (co-developed with Amgen) and Fasenra for severe asthma. The business also sells inhaled medications for COPD and asthma.
  • Novartis AG: sells Xolair, an anti-IgE antibody used to treat chronic spontaneous urticaria and allergic asthma. Additionally, it has a pipeline that includes next-generation anti-IgE antibodies and oral BTK inhibitors.
  • GlaxoSmithKline Plc: created Nucala, a biologic for severe eosinophilic asthma that targets IL-5. GSK is a pioneer in respiratory care and provides a range of inhaled medications.

Top Companies in the Market

  • Sanofi S.A.
  • Regeneron Pharmaceuticals Inc.
  • AstraZeneca plc
  • Novartis AG
  • GlaxoSmithKline plc
  • Amgen Inc.
  • Eli Lilly and Company
  • AbbVie Inc.
  • Roche/Genentech
  • Johnson & Johnson
  • Kyowa Kirin Co. Ltd.
  • Chugai Pharmaceutical Co. Ltd.
  • ALK-Abelló A/S
  • Amgen–AstraZeneca Alliance
  • Takeda Pharmaceutical Co. Ltd.
  • Biogen Inc.
  • Glenmark Pharmaceuticals
  • Hanmi Pharmaceutical Co. Ltd.
  • Suzhou Connect Biopharma

Recent Developments in the Market

  • In October 2025, Excellergy came out of stealth on Monday with a $70-million series A financing to expand its pipeline of effector cell response inhibitors (ECRIs) that target allergic diseases. The company's lead asset is expected to start clinical trials early next year.
  • In August 2025, Mabylon AG, a pioneer in the high-throughput identification, characterization, and development of human-derived antibodies, revealed that it has raised CHF 30 million (USD 37 million) to advance its early-stage pipeline and further develop its clinical-stage lead candidate MY006. Mabylon will be able to advance its lead program, MY006, a tri-specific antibody that neutralizes peanut allergens, thanks to the funding.

Segments Covered in the Report

By Drug Class/Type

  • Monoclonal Antibodies (mAbs)
  • Small-Molecule Inhibitors (e.g., JAK, S1P, PDE4)
  • Anti-IgE and Anti-IL Biologics (Omalizumab, Dupilumab, Mepolizumab, etc.)
  • Allergen-Specific Immunotherapy (SCIT, SLIT)
  • Others (Novel peptides, recombinant proteins)

By Indication

  • Asthma (Moderate-to-Severe, Eosinophilic, Allergic)
  • Atopic Dermatitis (Eczema)
  • Allergic Rhinitis & Conjunctivitis
  • Chronic Rhinosinusitis with Nasal Polyps (CRSwNP)
  • Food Allergy & Anaphylaxis
  • Urticaria & Other Allergic Conditions

By Mechanism of Action

  • Anti-IgE Pathway Inhibitors
  • IL-4/IL-13 Pathway Blockers
  • IL-5/IL-5R Inhibitors
  • JAK/TYK2 Inhibitors
  • Others (IL-31, IL-33, S1P Modulators, CRTH2 Antagonists)

By Route of Administration

  • Subcutaneous Injection (Prefilled Syringes/Autoinjectors)
  • Intravenous Infusion
  • Oral (JAK, PDE4 Inhibitors)
  • Sublingual / Nasal / Inhaled Immunotherapy

By End User

  • Hospitals & Specialty Clinics
  • Allergy & Immunology Centers
  • Homecare/Self-administration Patients
  • Academic & Research Institutions
  • Contract Research & Manufacturing Organizations (CROs/CMOs)

By Region

  • North America
    • U.S.
    • 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
  • Last Updated: 28 October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Rohan Patil is a seasoned market research professional with over 5+ years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

Learn more about Rohan Patil

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

Related Reports

FAQ's

The targeted drugs for allergic diseases market in 2025 is valued at USD 15.08 billion and is projected to climb to USD 30.22 billion by 2034, with a CAGR of 8.06% over the forecast period.

North America is currently leading the targeted drugs for allergic diseases market share by 40% due to the high number of people suffering from one or more allergies.

Some key players include Sanofi S.A., Amgen Inc., Kyowa Kirin Co. Ltd., AstraZeneca plc, Biogen Inc., etc.

Key trends include a rise in demand for personalized medicine, growing research, and gene and cell therapies.

The majority of allergy medications take effect in 30 to 2 hours, whereas nasal sprays take a few days, and allergy shots can take months.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.