The global epinephrine market was valued at approximately $2.87 billion in 2023 and is expected to reach $6.93 billion by 2034, growing at a compound annual growth rate (CAGR) of 8.34% from 2024 to 2034.
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Sung Poblete, PhD, RN, CEO of Food Allergy Research & Education, praised the approval of the epinephrine nasal spray (NEFFY) in Europe, highlighting the benefits of a needle-free delivery system for the food allergy community. With over 33 million people in the U.S. affected by food allergies, NEFFY’s approval in the U.S. is eagerly anticipated as it offers a potentially life-saving treatment.
In recent market developments:
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