Adrenergic Drug Market Size

Adrenergic Drug Market size is expected to reach USD 9 billion by the end of 2036, expanding around 6% CAGR during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of adrenergic drug was over USD 3 billion. The growth of this sector is poised to be encouraged by a surge in number of cases of COVID-19. For instance, worldwide coronavirus (COVID-19) incidence were almost 767 million as of June 13, 2023. Hence, the market demand for adrenergic drug is set to increase.

Adrenergic drug has been increasingly used for the treatment of patients suffering from different allergic reactions such as food allergies. According to the Food and Agriculture Organization of the United Nations, nearly 220 million people across the globe have food allergies.