The global allergy diagnostics market size is expected to reach USD 12.45 Billion at a steady revenue CAGR of 11.1% in 2030, according to the latest analysis by Emergen Research. One of the primary driving factors leading to increased revenue growth of the market is a high prevalence of allergic diseases. According to estimates, allergic rhinitis, popularly known as hay fever, affects 7.8% of individuals in the U.S. It is estimated that 3.5-4% of the general population in the U.S. has Immunoglobin E (IgE)-mediated food allergy or sensitivity. Thus, rising prevalence of allergic diseases is leading to rising demand for allergy diagnostics. Advances in diagnostic technologies and algorithms assist clinicians in more correctly diagnosing allergies, allowing patients to obtain the appropriate medication. Furthermore, government measures are also contributing to revenue growth of the market.
The report is formulated with the updated and latest information of the global Allergy Diagnostics market further validated and verified by the industry experts and professionals. The Global Allergy Diagnostics Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Allergy Diagnostics market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Thermo Fisher Scientific Inc., Danaher, Minaris Medical America, Inc., Siemens Healthcare GmbH, Eurofins Scientific, EUROIMMUN Medizinische Labordiagnostika AG, BIOMÉRIEUX SA, Stallergenes Greer, Neogen Corporation, and Omega Diagnostics Group PLC
Research Report on the Allergy Diagnostics Market Addresses the Following Key Questions:
- Who are the dominant players of the Allergy Diagnostics market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Allergy Diagnostics market?
- What are the key growth drivers and restraining factors of the Allergy Diagnostics market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Allergy Diagnostics market and its key segments?
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Emergen Research has segmented the global Allergy Diagnostics market on the basis of type, type of care, and region
Segments Covered in this report are:
Product Service Outlook (Revenue, USD Billion; 2019–2030)
- Consumables
- Instruments
- Immunoassay Analyzers
- ELISA Analyzers
- Luminometers
- Others
- Services
Allergen Outlook (Revenue, USD Billion; 2019–2030)
- Inhaled Allergens
- Food Allergens
- Drug Allergens
- Others
Test Type Outlook (Revenue, USD Billion; 2019–2030)
- In Vivo Tests
- Skin Prick Tests
- Patch Tests
- Others
- In Vitro Tests
- In Vivo Tests
In conclusion, the Allergy Diagnostics Market report is an exhaustive database that will help readers formulate lucrative strategies. The Allergy Diagnostics Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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