GLOBAL ALLERGY DIAGNOSTICS MARKET: TREND ANALYSIS AND FORECAST TO 2022
The report on allergy diagnostics market segments the
global Allergy Diagnostic Market by product, by allergen
type, by end users and by regions.
Key allergens that disturb the human immune system are
dust mites excretion, pollen and pet dander. The different
kinds of allergies are categorized as food allergy, skin aller-
gy and dust allergy, allergy to insect stings, drug allergy,
and mold allergy. Allergy diagnostic includes testing of skin,
prick or blood testing, and is a method of for determining to
what substances a person is allergic. Moreover, this market
comprises numerous products that are used by diagnostic
laboratories, hospitals, academic institutes, and allergists to
detect various allergies. In 2015, the global allergy diagnos-
tic market was valued at approx. USD 1.3 billion and is pro-
jected to surpass USD 5.30 billion by 2022. The global al-
lergy diagnostic market is projected to grow at a CAGR
between 12.0% and 12.5% over the forecast period during
2016 to 2022.
Increasing geriatric population coupled with growing envi-
ronmental pollution and rising healthcare expenditure are
the key market driving factors responsible for the growth of
this market. Moreover, rapid lifestyle changes leading to
health disorders and increasing allergic condition with de-
mand for in vitro diagnostic blood tests are expected to
contribute to the growth of this market in near future. On the
other hand, stringent government regulations and policies
and high cost of investment are likely to hamper the growth
of the global allergic diagnostic market. Growing prevalence
of allergic diseases and need for developing new therapies
are expected to bring new opportunities for the major mar-
Global Allergy Diagnostics market: Projection
Hospitals
x.x%
100%
Academics
x.x%
100%
2016 2022
Global Allergy Diagnostics market: Regional Highlights Global Allergy Diagnostics market: industry developments of key participants
x.x
x.x x.x
% Acquisitions
% %
North America
x.x
Latin America %
Europe
Asia
ket players in the market.
The report on allergy diagnostics market segments the
global allergy diagnostic market by product, by allergen
type, by end users and by regions. Market segmentation
based on the product includes assay kits, instruments and
services. By type of allergen segment comprises food aller-
gen, inhaled allergen, drug allergen and other allergen.
Diagnostic laboratories, hospitals, academic research insti-
tutes, and other are the major end users of this market.
Based on the geography, the global allergy diagnostic mar-
ket is segmented into North America, Europe, Asia Pacif-
ic, Latin America, and Rest of the world (ROW. Moreover,
North America dominated the entire allergy diagnostic mar-
ket as of 2015 and accounted 40% of the total revenue of
this market. This is due to increased health care expendi-
ture, advanced diagnostic technologies, improved medical
insurance policies, better government support in this region.
Europe is also considered a prominent market for the aller-
gy diagnostic in terms of revenue after North America.
Moreover, the allergy diagnostic market in Asia Pacific is
projected to witness high growth rate over the forecast peri-
od owing to increasing prevalence of allergic diseases, de-
veloping health care infrastructures, increasing disposable
income and rising geriatric population in this region.
The report on allergy diagnostics market covers major play-
er operating the allergy diagnostic market includes, Thermo
Fischer Scientific Inc, Quest Diagnostics Inc, BioMerieux
SA, Stallergenes Greer, Omega Diagnostics Group Plc,
Siemens Healthineers, HAL Allergy Group
Global Allergy Diagnostics market by End User shares
Laboratories
x.x%
50% 100% 100% 50% 100%
Others
x,.x%
50% 100% 100% 50% 100%
X.X%
X.X%
Merger &
X.X%
X.X%
Joint ventures
New Product
Development
Others
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