PUBLISHER: The Business Research Company | PRODUCT CODE: 1751152
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751152
Urticaria, commonly known as hives, is a skin condition characterized by red, itchy, and raised welts. It results from an allergic reaction, stress, or unknown triggers, leading to the release of histamine. The condition can be acute (lasting less than six weeks) or chronic (persisting for longer periods). Treatment typically includes antihistamines, avoiding triggers, and, in more severe cases, corticosteroids or immunotherapy.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main types of urticaria are acute urticaria and chronic urticaria. Acute urticaria is a sudden-onset condition that lasts less than six weeks, marked by red, itchy, and swollen welts, often triggered by allergic reactions, infections, medications, insect stings, or food allergens. Treatment options include drug classes such as antihistamines, anti-inflammatory medications, antidepressants, monoclonal antibodies, and others, administered through oral, parenteral, or other routes. These treatments are distributed via various channels, including hospital pharmacies, online pharmacies, and retail pharmacies, serving end users such as hospitals, homecare settings, specialty clinics, and others.
The Urticaria market research report is one of a series of new reports from The Business Research Company that provides Urticaria market statistics, including Urticaria industry global market size, regional shares, competitors with a Urticaria market share, detailed Urticaria market segments, market trends and opportunities, and any further data you may need to thrive in the Urticaria industry. This Urticaria market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The urticaria market size has grown rapidly in recent years. It will grow from$4.03 billion in 2024 to $4.77 billion in 2025 at a compound annual growth rate (CAGR) of 18.2%. The growth during the historic period can be attributed to factors such as the increasing prevalence of allergies, growing awareness of skin disorders, advancements in immunology and biologics, rising demand for antihistamines, and improvements in diagnostic techniques.
The urticaria market size is expected to see rapid growth in the next few years. It will grow to$9.23 billion in 2029 at a compound annual growth rate (CAGR) of 18.0%. The growth during the forecast period can be attributed to factors such as the rising cases of chronic urticaria, growing adoption of biologic therapies, increasing investments in dermatology research, expanding access to advanced allergy diagnostics, and the development of personalized medicine. Key trends during this period include AI-powered diagnostic tools, the development of novel biologics, advancements in personalized immunotherapy, wearable skin monitoring devices, and the use of telemedicine for allergy management.
The growing awareness and treatment of skin diseases are expected to drive the growth of the urticaria market in the coming years. Rising pollution levels contribute to an increase in skin allergies and conditions, boosting the demand for better awareness and advanced treatments. Urticaria plays a significant role in increasing skin disease awareness and treatment by highlighting immune system responses, promoting research, improving diagnostics, and advancing targeted therapies. For example, in February 2024, The Skin Cancer Foundation, a US-based nonprofit, reported that 1 in 5 Americans will develop skin cancer by age 70, with over 2 deaths occurring every hour in the U.S. This underscores the urgent need for preventive measures, as having five or more sunburns doubles the risk of melanoma. As such, the rising awareness and treatment of skin diseases are propelling the growth of the urticaria market.
Key players in the market are focusing on innovative solutions such as mast cell inhibitor antibodies to manage chronic spontaneous urticaria by targeting mast cell activation. Mast cell inhibitor antibodies are monoclonal antibodies that block the activation or degranulation of mast cells by inhibiting specific receptors or signaling pathways, thereby reducing allergic reactions, inflammation, and other mast cell-mediated disorders. For instance, in May 2024, Allakos Inc., a US-based biotechnology company, announced the initiation of a Phase 1 clinical trial for AK006, a treatment for chronic spontaneous urticaria (CSU). This innovative therapy targets both IgE-dependent and IgE-independent mast cell activation pathways, offering the potential for greater efficacy in patients who are resistant to antihistamines or prior biologic treatments. By selectively inhibiting mast cell activity through the Siglec-6 receptor, AK006 aims to provide a more comprehensive and lasting solution for CSU management, marking a significant step forward in urticaria treatment and immunotherapy research.
In April 2024, Incyte Corporation, a US-based biopharmaceutical company, acquired Escient Pharmaceuticals for $750 million. This acquisition aims to enhance Incyte's portfolio in inflammation and autoimmunity by advancing first-in-class oral Mas-related G protein-coupled receptor X2 (MRGPRX2) and Mas-related G protein-coupled receptor X4 (MRGPRX4) antagonists, which have the potential to improve treatments for chronic spontaneous urticaria (CSU), chronic inducible urticaria (CIndU), atopic dermatitis (AD), cholestatic pruritus, and other inflammatory disorders. Escient Pharmaceuticals, a US-based clinical-stage biotechnology company, focuses on developing small-molecule therapies for chronic urticaria and severe pruritus.
Major players in the urticaria market are Sanofi S.A., Novartis AG, GlaxoSmithKline PLC, Roche Holding AG, Viatris Inc., Teva Pharmaceutical Industries Ltd, Sun Pharmaceutical Industries Ltd, Incyte Corporation, Kyowa Kirin Co. Ltd., Dr. Reddy's Laboratories Ltd, Cipla Ltd., Amneal Pharmaceuticals Inc, Glenmark Pharmaceuticals Ltd, Torrent Pharmaceuticals, Almirall S.A., Argenx SE, BioCryst Pharmaceuticals Inc., Pharvaris NV, Revolution Medicines Inc., and Allakos.
North America was the largest region in the urticaria market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in urticaria report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the urticaria market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The urticaria market consists of sales of corticosteroids, biologics, immunosuppressants, leukotriene receptor antagonists, and topical anti-inflammatory creams or gels. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Urticaria Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on urticaria market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for urticaria ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The urticaria market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.