Global Allergy Diagnostics Market
Dublin, March 08, 2023 (GLOBE NEWSWIRE) -- The "Allergy Diagnostics Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the market.
The global allergy diagnostics market grew from $5.1 billion in 2022 to $5.66 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The allergy diagnostics market is expected to grow to $8.52 billion in 2027 at a CAGR of 10.8%.
Reasons to Purchase
-
Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
-
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
-
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
-
Measure the impact of high global inflation on market growth.
-
Create regional and country strategies on the basis of local data and analysis.
-
Identify growth segments for investment.
-
Outperform competitors using forecast data and the drivers and trends shaping the market.
-
Understand customers based on the latest market shares.
-
Benchmark performance against key competitors.
-
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Major players in the allergy diagnostics market are BioMerieux SA, Danaher Corporation, HOB Biotech Group Corp. Ltd., HYCOR Biomedical, Lincoln Diagnostics Inc., Omega Diagnostics Group PLC., Siemens Healthineers AG, Thermo Fischer Scientific Inc., PerkinElmer Inc. (Euroimmun AG), R-Biopharm AG, Alcon Laboratories, Inc., Abbott Laboratories, HollisterStier Allergy, NEOGEN Corporation, AESKU.GROUP GmbH, ACON Laboratories, Erba Group, and Astra Biotech GmbH.
The allergy diagnostics market includes revenue earned by instruments such as immunoassay analyzers, ELISA analyzers, luminometers, and other instruments that are used to diagnose allergies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
An allergy is a reaction of the immune system to an allergen that isn't normally detrimental to the human body. Allergens are foreign substances that cause allergic reactions. Certain food like peanut, milk, egg and wheat, pollen, and pet dander are a few examples of allergens. Allergy diagnostics is a procedure used by a qualified allergy specialist to evaluate if the body is allergic to a certain substance.
North America was the largest region in the allergy diagnostics market in 2022. The regions covered in the allergy diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of allergy diagnostics tests are in-vivo allergy tests and in-vitro allergy tests. In-vivo allergy tests are performed on the human body to identify the cause of the allergic reaction. In-vitro allergy tests are performed in laboratories using test tubes and Petri dishes to identify the allergy-causing substance. The main products in allergy diagnostics include consumables, instruments, and luminometers. By allergens, the allergy diagnostics market is segmented into inhaled allergens, food allergens, and drug allergens. Major end-users of allergy diagnostics include diagnostic laboratories, hospital-based laboratories, and academic and research institutes.
The increased occurrences of allergic diseases will propel the growth of the allergy diagnostics market. The rise in allergy diseases has been attributed to increased environmental pollution from traffic and numerous industries. An allergic reaction is described as an abnormal immune system response to an allergen. Allergy diseases include anaphylaxis, allergic rhinitis (often referred to as "hay fever"), food allergies, skin allergies, and allergic asthma.