DUBLIN–(BUSINESS WIRE)–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/c9hfex

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• Source: https://www.fintechnews.org/global-allergy-diagnostics-strategic-market-report-2023-market-to-reach-8-3-billion-by-2030-increasing-cases-of-allergies-drive-development-of-advanced-allergy-diagnostics-solutions-researchandm/