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GLOBAL ALLERGY DIAGNOSTICS MARKET: TREND ANALYSIS AND FORECAST TO 2022

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

Global Allergy Diagnostics market: Projection Global Allergy Diagnostics market by End User shares

Hospitals Laboratories
x.x% x.x%

100% 50% 100% 100% 50% 100%

Academics Others
x.x% x,.x%

100% 50% 100% 100% 50% 100%


2016 2022

Global Allergy Diagnostics market: Regional Highlights Global Allergy Diagnostics market: industry developments of key participants

X.X%

X.X%
x.x Merger &
x.x x.x X.X%
% Acquisitions
% % X.X%

Joint ventures

North America New Product


Development
x.x
Latin America %

Others
Europe

Asia
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