Investment Rating - The report indicates a positive investment outlook for the allergic diseases industry, driven by increasing healthcare awareness and rising demand for treatment options. Core Insights - The prevalence of allergic diseases in China is on the rise, leading to increased medical demand and technological advancements in treatment options. The core of the industry lies in the development of therapeutic drugs, particularly antihistamines, with a focus on biologics and immunotherapy for severe cases as key future directions [1][2][3]. Industry Definition - Allergic diseases are characterized by hypersensitivity reactions to various antigens, classified into categories such as allergic rhinitis, allergic asthma, atopic dermatitis, food allergies, and drug allergies [2][3]. Industry Classification - The allergic diseases industry can be categorized based on specific conditions, including allergic rhinitis, allergic asthma, atopic dermatitis, food allergies, and non-food allergies [3]. Industry Characteristics - The industry features a variety of allergen detection methods and diverse treatment options, with a growing focus on IgE as a target for new therapeutic developments [8][9][10]. Development History - The establishment of specialized departments for allergic diseases in China marked the beginning of systematic research and treatment in this field, leading to significant advancements in understanding and managing allergic conditions [12][14][15]. Industry Chain Analysis - The allergic diseases industry consists of a supply chain that includes raw material suppliers, drug manufacturers, and distribution channels, with a notable focus on the development of antihistamine drugs and biologics [16][17][18]. Market Size - The market size for allergic diseases in China grew from 38.38 billion RMB in 2019 to 45.23 billion RMB in 2023, with a compound annual growth rate (CAGR) of 4.19%. Projections indicate growth to 77.87 billion RMB by 2028, with a CAGR of 11.09% [32][34]. Future Market Drivers - The innovation in antihistamines and the development of biologics are expected to drive continued growth in the allergic diseases market, with a focus on reducing side effects and improving patient adherence to treatment [35][36]. Competitive Landscape - The allergic diseases market is characterized by significant competition, with leading companies leveraging their financial resources for drug innovation and maintaining a diverse product line to meet patient needs [40][41][42].