Global Allergy Diagnostics Market Report 2023-2030: Major Environmental Factors & Growing Number of Food Allergy Cases Fuel Demand

News provided by

Oct 13, 2023, 10:30 ET

DUBLIN, Oct. 13, 2023 /PRNewswire/ -- The "Allergy Diagnostics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Allergy Diagnostics Market to Reach $8.3 Billion by 2030

The global Allergy Diagnostics market, valued at US$3.8 Billion in 2022, is anticipated to reach US$8.3 Billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 10.3% during the period from 2022 to 2030.

Among the segments analyzed, Assay Kits are expected to lead with an 11% CAGR, reaching US$4.5 Billion by the end of the forecast period. Meanwhile, the Instruments segment is forecasted to achieve a CAGR of 10.1% over the next 8 years.

In terms of regional markets, the U.S. Allergy Diagnostics market is estimated at US$1.3 Billion in 2022. China, as the world's second-largest economy, is predicted to reach a market size of US$1.1 Billion by 2030, with a remarkable CAGR of 15% between 2022 and 2030.

Other significant geographic markets include Japan and Canada, both expected to grow at CAGRs of 7.7% and 9.8%, respectively, during the 2022-2030 period. Within Europe, Germany is projected to experience substantial growth, with an estimated CAGR of about 9.6%.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Report Highlights

Allergy Diagnostics by Geographic Region (Recent Past, Current, and Future Analysis)
Allergy Diagnostics by Geographic Region (Historic Review)
Allergy Diagnostics by Geographic Region (16-Year Perspective)
Assay Kits by Geographic Region
Instruments by Geographic Region
Services by Geographic Region
Inhaled Allergens by Geographic Region
Food Allergens by Geographic Region
Drug Allergens by Geographic Region
Other Allergens by Geographic Region
Hospitals by Geographic Region
Diagnostic Laboratories by Geographic Region
Other End-Uses by Geographic Region
Allergy Diagnostics Market Analysis (Annual Sales) for Years 2014 through 2030

MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Allergens: A Prelude
Key Allergy Stats
Allergy: Symptoms and Causes
Allergic Diagnostics: An Introduction
Food Allergen Testing
Allergy Diagnostics Market Under the Covid Lens
Telemedicine Gains Prominence amid the Pandemic
Global Allergy Diagnostics Market Set to Witness Rapid Growth
With Allergies on the Rise for Whatever Reason Be It Our Neanderthal Genes or Hygiene Hypothesis or Vitamin D Hypothesis, the Need for Effective Diagnostics Has Never Been Greater
Global Prevalence of Allergies (In Million)
Assay Kits Dominate the Allergy Diagnostics Market
Inhaled Allergens Segment to Witness Fastest Growth
US Dominates the Allergy Diagnostics Market, While China to Witness the Fastest Growth
Rising Demand for In-Vitro Diagnostic Tests for Allergy Diagnosis
Global In-Vitro Diagnostics (IVD) Market Revenues (in %) by Segment for the Year 2021
Global In-Vitro Diagnostics (IVD) Market Revenues (in %) by Geographic Region for the Year 2021
Allergy Diagnostics - Global Key Competitors Percentage Market Share in 2021 (E)
Allergy Diagnostics Competitor Market Share Scenario Worldwide (in %): 2021
Recent Market Activity
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)

MARKET TRENDS & DRIVERS

Development of Effective Allergy Diagnostic Products Cuts Down on Healthcare Spending
Labs Embrace Automation and Advanced Allergy Tests for Fast Turnaround Times
Food Allergies - A Major and Growing Concern
Select Digital Technologies to Provide Help in Managing Food Allergy
Food Allergies Create Opportunities for Food Allergy Testing
ELISA Gains Lead as Preferred Food Testing Method
Need to Offer Quality Services at Affordable Costs Prompts Labs to Consider Reagent Rental Agreements
In-Vitro IgE Molecular Diagnostics to Transform Allergy Testing Market
Macro Array Diagnostics Unveils Allergy Explorer for Allergy Diagnostics
Rising Alcohol and Drug Abuse Increases Demand for Allergy Diagnostics
Increasing Cases of Allergies Drive Development of Advanced Allergy Diagnostics Solutions
Focus on Single and Protein Allergens
IgE Antibody Tests
Allergy Diagnostic Reagents on Microchip
Allergy Diagnosis Moves from Lab-based to Decentralized POC Tests
Patch Test to Experience Healthy Growth
SmartPractice Secures FDA Approval for T.R.U.E. Test(R) Patch Test for Pediatric Use
Providers of Allergy Diagnostic Services Focus on Vertical Integration
Allergic Diagnostic Challenges in Patients
Enhanced Access to Allergy Diagnosis Medical Insurance & Instrument Allowances in the US Widen Market Prospects
Typical Cost Structure for Allergy Testing
Technological Advancements - Mobile Health Tools for Allergy Patients
Technological Advancements - Nanotechnology for Allergy Diagnostics
Application of Nanostructures for In-Vitro Diagnosis of Allergy
Application of Nanostructures in Drug-sIgE Detection
Application of Nanostructures for Detection of Allergen-sIgE
Select Recent Launches in the Allergy Diagnostics Market to Bolster Market Expansion
EUROIMMUM Develops EUROLINE DPA-Dx Pollen Southern Europe 1 Test for Pollen Allergies
Hycor Biomedical Secures FDA Clearance for NOVEOS Allergy Testing System
ASI Introduces IVT Allergy(R) 3 Screen Panel for Allergy Skin Testing
CLA-1(TM) Luminometer In-Vitro Allergy Testing Platform for Accurate, Reliable Results
Growth Drivers
Increasing Prevalence and Incidence of Allergic Disorders to Drive the Demand for Allergy Diagnostics
Atopic Dermatitis (Eczema) Prevalence Rates among Global Adult Population
Environmental Changes and Pollution Aggravate Incidence of Allergic Reactions, Resulting in Increased Need for Allergy Diagnostics
Major Environmental Factors with Link to Allergic Diseases
Growing Number of Food Allergy Cases Fuels Demand for Allergy Testing Kits
Prevalence Rate of Five Common Food Allergies among US Adults
Factors Responsible for Rising Prevalence of Food Allergy
Burgeoning Aging Population and Longer Life Expectancy to Drive Allergy Diagnostics Market
Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Market Restraints
Inadequate Knowledge about Food Allergy Inhibits Growth of Allergy Diagnostic Market
Expensive Nature of Allergy Diagnostics Approaches Limits Market Growth
New Regulations and Statutory Provisions to Affect Diagnostic Allergen Extracts

FOCUS ON SELECT PLAYERS (Total 100 Featured)

3M Company
Bausch & Lomb, Inc.
ACON Laboratories, Inc.
Awareness Technology, Inc.
ALK-Abello A/S
Allergy Therapeutics Plc
Alpha Laboratories Ltd.
Angsana Molecular & Diagnostics Laboratory Pte Ltd.
Bausch Health Companies Inc.
Alkor Bio Group
ALLERGOPHARMA GmbH & Co. KG
AESKU.Diagnostics GmbH & Co. KG
AllerGenis, Inc.
Astra Biotech GmbH
Assure Tech. (Hangzhou) Co., Ltd

For more information about this report visit https://www.researchandmarkets.com/r/duttb4

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets