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Allergy Diagnostics And Therapeutics Industry

Share and Size, Market Analysis, Trends and
Growth, End-use And Segment Forecasts To 2022

Global allergy diagnostics and therapeutics market is expected to reach USD 40.8 billion by 2022,
according to a new report by Grand View Research, Inc. Increasing prevalence of allergic conditions
and adoption of immunoassay as a viable diagnostic test is expected to serve this market with
lucrative future growth opportunities.
The prevalence of target diseases such as asthma and food allergies are expected to grow over the
next seven years, supported by sedentary and dietary lifestyle habits. In addition, rising indoor,
industrial pollution, rapid urbanization in developing countries and increasing greenhouse gas
concentrations are expected to increase the prevalence of pollen induced respiratory disorder,
thereby boosting the overall market growth over the forecast period.
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Further key findings from the study suggest:
Consumables being an indispensable diagnostic product segment sell in large volumes and
therefore, dominated the market in 2014 with revenue share of over 55.0%. In addition, expensive
nature of reagents and their frequent application in diagnostic assay also supports the
aforementioned fact.
Increasing demand for analyzers and laminators for allergy diagnostics is expected to help this
segment grow at a lucrative CAGR of above 12.0% over the forecast period. Increasing awareness
pertaining to outsourcing of allergy testing services is anticipated to show upward shift in coming
years.
Increasing demand for minimally invasive and allergen specific tests is anticipated to serve in vitro
allergy diagnostics market with future growth opportunities. The market is expected to grow with
CAGR of above 12.0% over the forecast period.

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Market Research Reports and Insightful Company Profiles
Inhaled allergens accounted for the largest share of revenue in 2014 owing to, the growing
incidences of respiratory allergies. According to statistics published in 2012 by American Academy of
Allergy Asthma and Immunology (AAAAI), around 7.8 million children suffered from respiratory
allergies worldwide and the number is expected to increase over the forecast period.
Hospitals are the largest consumer of allergy diagnostic products. The segment is anticipated to
grow with CAGR of over 11.0% in coming years.
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Table Of Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Paraxylene - Industry Summary and Key Buying Criteria, 2012 - 2022
Chapter 3. Paraxylene Industry Outlook
3.1. Paraxylene market segmentation
3.2. Paraxylene market size and growth prospects, 2012 - 2022
3.3. Paraxylene market - Value chain analysis
3.5. Price analysis
Chapter 4. Paraxylene Application Outlook
4.1. Global Paraxylene market share by application, 2014 & 2022
4.2. Dimethyl Terephthalate (DMT)
4.3. Purified Terephthalic acid (PTA)
4.4. Others
Chapter 5. Paraxylene Regional Outlook
5.1. Global Paraxylene market share by region, 2014 & 2022
5.2. North America
5.3. Europe
5.4. Asia Pacific
5.5. Central & South America
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About Us:
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Market Research Reports and Insightful Company Profiles
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