Allergy Diagnostics Market Share, Insight, Report, Trends, Analysis, & Forecast

Global Allergy Diagnostics Market is segmented By Product Type(Assay Kits, Consumables), By Allergen Type(Inhaled Allergens, Food Allergens, Drug Allergens), By End-User(Hospital-based laboratories, Diagnostic Laboratories, Academic Research Laboratories), By Test Type(In vivo test), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,2022-2029

 

Market Overview

The Global Allergy Diagnostics Market is expected to grow at a CAGR of 10.3% during the forecasting period (2022-2029).

• Allergic diseases include allergic rhinitis (hay fever), food allergies, forms of asthma, conjunctivitis, eczema, eosinophilic disorders, drug and insect allergies.

• Diagnostic allergy testing in such scenarios is an essential tool for the evaluation of the patient.

• The global Allergy Diagnostics market is anticipated to reach USD 4 billion by 2026.

Industry Analysis

• Primary market drivers include rising allergic diseases with severe environmental pollution.

• On the other hand, the growth of this market is hindered due to limited awareness about allergy diagnosis, food allergy, food intolerance, and low affordability in developing countries.

• Hence, allergic diseases like food allergy and food intolerance are underestimated and underdiagnosed, particularly in low and middle-income countries.

• Asia-Pacific is expected to show fast growth over the forecast period owing to an increase in pollution in developing countries like India and China.

Market Segmentation

• Global Allergy Diagnostics market report segments the market by products, allergen type, test type, end-user, and by region.

• Based on product type, the market is classified into assay kits and consumables.

• Based on the type of allergen responsible for causing allergy, the market is segmented into drugs, food, and inhaled allergens.

  • Inhaled allergens segment accounts for the largest share of the Allergy Diagnostics market. Increasing environmental pollution is one of the major factors driving the growth of this segment.

• Based on end-user, the market is segmented into diagnostic laboratories, hospital-based laboratories, academic & research institutes, diagnostics kits, and other end users.

  • In 2017, the diagnostic laboratories segment accounted for the largest share.

• Based on the type of test used for allergy testing, the market is segmented into two categories, namely In vivo test and the In-vitro test.

  • In vivo test includes skin testing while in vitro test comprises serological tests.

Geographical Analysis

The market is segmented into five major regions: North America, South America, Europe, Asia Pacific, and RoW.

• North America holds the highest market share of around 40%.

• This is fueled by the high incidence of allergies, the presence of advanced allergy diagnostic technologies, as well as the strong presence of players in the region.

Market Segmentation

By Product Type

• Assay Kits

• Consumables

By Allergen Type

• Inhaled Allergens

• Food Allergens

• Drug Allergens

By End-User

• Hospital-based laboratories

• Diagnostic Laboratories

• Academic Research Laboratories

By Region

• Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)

• Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)

• North America (The USA, Canada, Mexico)

• South America (Brazil, Argentina, Rest of South America)

• Rest of the World

Allergy Diagnostics Industry Competition Size

The report also profiles the following companies in the Allergy Diagnostics Treatment market – BioMérieux, Danaher Corporation, GlaxoSmithKline plc, Hitachi Chemical Diagnostics, Inc., Merck & Co, Inc, Omega Diagnostics Group PLC, Siemens Healthcare, and Thermo Fisher Scientific, Inc

Reasons for purchasing this report

• Visualize the composition of the Allergy Diagnostics market across each indication, regarding type and treatment options, highlighting the critical commercial assets and players.

• Identify commercial opportunities by analyzing trends.

• Excel data sheet with thousands of data points of the market – level 4/5 segmentation.

• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

• Product mapping in excel for crucial Allergy Diagnostics products of all major market players

Who are the key vendors in the allergy diagnostics market space?

• Equipment Suppliers/ Buyers

• Service Providers/ Buyers

• Industry Investors/Investment Bankers

• Education & Research Institutes

• Research Professionals

• Emerging Companies

• Manufacturers

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