Allergy Diagnostics Market Projected to Show Strong Growth by 2024

Posted by Donald Rooney on September 16th, 2019

The Global Allergy Diagnostics Market accounted to USD 2.80 billion in 2016 growing at a CAGR of 11.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Key players profiled in this report are: Thermo Fisher Scientific Inc., Siemens AG, Danaher, Omega Diagnostics Group PLC, Hitachi Chemical Co., Ltd., bioMérieux SA, Stallergenes Greer, HOB Biotech Group Suzhou Co., Ltd., HYCOR Biomedical, Lincoln Diagnostics, Inc., EUROIMMUN AG, INDOOR Biotechnologies, Inc., R-Biopharm AG, GA Generic Assays GmbH, Tecan Trading AG, ROXALL Medical GmbH, ALK-Abelló A/S, Angsana Molecular & Diagnostics Laboratory Pte Ltd., Allergy Therapeutics

Major Market Drivers and Restraints:

  •          Growing Environmental Pollution
  •          Elderly Population
  •          Rising Healthcare Expenditure
  •          Disorders Due To Lifestyle Changes
  •          Growth in the Number of Reagent Rental Agreements
  •          Developing Economies Across Asia and RoW

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Focus of the report

  •          CAGR values in the market for the forecast period
  •          Key trends in the market place
  •          Major players and brands
  •          Historical and current market size and projection up to 2024.
  •          Detailed overview of parent market
  •          Changing market dynamics of the industry

Market Segmentation: Global Allergy Diagnostics Market

  •          By allergen the global allergy diagnostics market is segmented into food allergens, inhaled allergens, drug allergens, and other allergens.
  •          On the basis of product the global allergy diagnostics market is segmented into consumables, assay kits, and instruments.
  •          On the basis of test the global allergy diagnostics market is segmented into in-vivo tests and in-vitro tests.
  •          On the basis of end-user the global allergy diagnostics market is segmented into diagnostic laboratories, hospitals, academic research institutes, and others.
  •          On the basis of geography, global allergy diagnostics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.

Competitive Analysis: Global Allergy Diagnostics Market

The global allergy diagnostics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of allergy diagnostics market for global, Europe, North America, Asia Pacific and South America.

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Donald Rooney

About the Author

Donald Rooney
Joined: September 12th, 2019
Articles Posted: 87

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