Allergy Diagnostics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2783 | Report Format : | Status : Upcoming |

Abstract

Global Allergy Diagnostics Market: Overview

An allergy is basically a hypersensitivity syndrome of the immune system in the body. Allergic reactions take place when an individual’s immune system starts reacting to not dangerous elements known as allergens present in the atmosphere. The allergens that have an effect on the immune system are pollen, pet dander, and dust mite’s excretion. There are various types of allergies, for instance, skin allergy, food allergy, allergy to insect stings, and others.

Global Allergy Diagnostics Market: Growth Factors

Governments all over the world are gradually supporting the expansion of vaccines & novel therapies for various kinds of allergic syndromes thus fuelling the allergy diagnostics market expansion. Governments are also investing in RnD activities concerning the expansion of highly developed methods for diagnostics of allergic syndrome/diseases. As the governments are taking numerous measures for enhancing healthcare facilities, most important companies producing drugs/medicines for allergic syndrome/diseases are majorly contributing towards the development of the healthcare sector.

In addition, growth in pollution levels and genetic aspects are further accountable for increasing occurrence of allergies thus boosting the allergy diagnostics market. On the other hand, several highly developed technologies associated with allergy diagnostics are being initiated, along with growth in healthcare expenditure all over the world. Strict government policies and regulations and huge investment are needed for expansion of drugs/medicines thus posing as key challenges/restraints for the global allergy diagnostics market.

Global Allergy Diagnostics Market: Segmentation

The global allergy diagnostics market is classified in terms of products, end users, and types of allergens. In terms of allergens, this market is categorized into inhaled allergens, food allergens, and other allergens. Inhaled allergens and food allergens are subdivided into plant origin and animal origin divisions. In terms of end users, global allergy diagnostics market is categorized into diagnostic laboratories, hospitals, academic research institutes, and others. The market in terms of products includes consumables and assay kits, the latter of which is sub-divided into immunoassay analyzer, instruments, luminometers, and other instruments.

Global Allergy Diagnostics Market: Regional Analysis

North America is projected to hold the largest market share which is expected to be followed by Europe. This is mainly owing to the growth in the number of individuals suffering from different types of allergies, better medical insurance policies, the rise in health care spending, in these regions. The global allergy diagnostics market in the Asia Pacific is anticipated to witness a high expansion rate in the years to come due to growth in health care infrastructures, rising occurrence of allergic syndromes/diseases, aging population, and growth in disposable income. These aspects, along with the growing pollution all over the world are likely to fuel the global allergy diagnostics market.

Rise in population and expansion in economies particularly in developing countries, for instance; China and India are likely to fuel the global allergy diagnostics market in the Asia Pacific. Growth in several acquisitions and mergers, increase in partnerships and collaborations, increasing research and development activities, and new product launches are some of the most recent developments that have been witnessed in the global allergy diagnostics market.

Global Allergy Diagnostics Market: Competitive Players

Some of the most important market players in the global allergy diagnostics market are Danaher Corporation, bioMérieux, HOB Biotech Group Co., Ltd., Hitachi Chemical Diagnostics, Omega Diagnostics Ltd., HYCOR BioMedical, Inc., Stallergenes, Thermo Fisher Scientific, Inc., and Siemens Healthcare, among others.

Global Allergy Diagnostics Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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