South and Central America Anaphylaxis Treatment Market

Market Introduction

Anaphylaxis is an allergic reaction that can further lead to a fatal condition known as anaphylactic shock. Anaphylaxis occurs when the patient's body reacts to a foreign substance and produces a high amount of histamine that triggers an inflammatory response. It is a severe, life threatening allergic reaction marked by indications such as swallowing and breathing difficulties, skin itching, and lowering blood pressure.

Thus, the rising incidence of anaphylaxis is expected to create a significant demand for anaphylaxis treatment in the coming years, which is further anticipated to drive the anaphylaxis treatment market.

The outbreak of COVID–19 has severely impacted the flow of medical services in the region. Also, the countries are popular for medical tourism, which is also affected by the pandemic. Brazil, Argentina, Peru, Chile, Uruguay, Colombia are affected by the second wave of corona infection. Among which Brazil has registered the majority of the deaths. As of May 2021, around 411,854 lives have already been lost in Brazil, which is a sign of the second wave of COVID19 infection. It is expected that the region is likely to impose a second lockdown, which will eventually hamper the healthcare industry in the region. Moreover, countries are significantly dependent on the US and European countries for their medical resources. Thus, the region's market has experienced a significant slowdown and is expected to face the same in the following one to two years. Additionally, people in Brazil became more aware of the risk of aggravating asthma or allergic diseases due to COVID-19, along with its treatments, which is leading to boost the growth of the anaphylaxis treatment market in the rest of the world. These factors had a potential impact on the South and Central America anaphylaxis treatment market.

South and Central America Anaphylaxis Treatment Strategic Insights

Strategic insights for the South and Central America Anaphylaxis Treatment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South and Central America Anaphylaxis Treatment Report Scope

South and Central America Anaphylaxis Treatment Regional Insights

The geographic scope of the South and Central America Anaphylaxis Treatment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Anaphylaxis treatment market in South and Central America is expected to grow from US$ 91.9 million in 2021 to US$ 157.5 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. Cases of allergies have been observed after the COVID-19 vaccination. Along with this, patients with an anaphylaxis history should carry an epinephrine autoinjector to bring it to their vaccination appointment. Along with this initiative, COVID-19 vaccination places should have always at least three doses of epinephrine ready, along with the capability to replace supplies after epinephrine is administered to a patient. Nevertheless, anaphylaxis as an AEFI is uncommon, occurring at a rate of less than 1 per million doses for most vaccines. These factors present an opportunity for the growth of the anaphylaxis treatment market in the current COVID-19 scenario.

Key Market Segments

In terms of medication type, the epinephrine segment accounted for the largest share of the South and Central America anaphylaxis treatment market in 2020. In terms of route of administration, the parenteral segment accounted for the largest share of the South and Central America anaphylaxis treatment market in 2020. In terms of allergy type, the food allergy segment accounted for the largest share of the South and Central America anaphylaxis treatment market in 2020. In terms of distribution channel, the retail pharmacies segment held a larger market share of the anaphylaxis treatment market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the anaphylaxis treatment market in South and Central America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amneal Pharmaceuticals Inc., Mylan N.V., Abbott, Pfizer Inc., Glaxosmithkline Plc., Merck and Co., Inc., Teva Pharmaceutical Industries Ltd., and ALK-ABELLó.

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• Obtain market revenue forecast for market by various segments from 2021-2028 in South and Central America region.

SOUTH AND CENTRAL AMERICA ANAPHYLAXIS TREATMENT MARKET SEGMENTATION

By Medication Type

• Epinephrine
• Antihistamines
• Steroids
• Beta-Agonist
• Others

By Route of Administration

• Parenteral
• Oral
• Others

By Allergy Type

• Food Allergy
• Medications
• Insect Stings
• Others

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies
• Others

By Country

• South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America

Companies Mentioned

1. Amneal Pharmaceuticals Inc.
2. Mylan N.V.
3. Abbott
4. Pfizer Inc.
5. Glaxosmithkline Plc.,
6. Merck And Co., Inc.
7. Teva Pharmaceutical Industries Ltd.        
8. ALK-ABELLó