1. Global Allergy Diagnostics Market Threats, Analysis, Key Players, Growth, and Forecast 2026
July 2017
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2. Overview
Hygiene Hypothesis is major factor driving growth of global allergy diagnostics market.
Allergy is referred to as an abnormal reaction due to strong damaging response by the body’s immune system to a foreign substance. It is basically hypersensitiveness triggered by allergens such as food, pollen, dust mites, pet hair, molds, etc. Allergies can develop in any individual, regardless of age or gender, and can lead to major chronic diseases if left untreated. Most allergy cases are genetic, depending on one or both parents being allergic to any allergens. Immunoglobulin E (IgE) are antibodies present in small amounts in our bodies. IgE is important to protect the body from parasites, but not from any other allergens. When an individual is prone to an allergy, the immune system overreacts to allergens and produces more IgE, which travels to certain potentially explosive cells and releases chemicals, thereby causing inflammation and other allergic symptoms. Symptoms include itchy eyes, itchy ears and throat, skin reactions, running or stuffy nose, nasal itching, wheezing, and diarrhea.
According to research and development, ‘hygiene hypothesis’ is a major factor driving growth of the global allergy diagnostics market. This hypothesis states that individuals who lack early childhood exposure to infectious agents, parasites, or allergens may be more susceptible to allergies and associated diseases, due to restricted early development of the immune system. Alarming rise in environmental pollution levels, prevalence of allergic conditions, increasing global aging population, changing lifestyle and related disorders, changing food habits, and longer pollen seasons due to climatic changes are some other major factors fueling growth of the global allergy diagnostics market. However, high investment cost for R&D and stringent government regulations are factors impacting market growth.
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3. Allergy Diagnostics Market Overview
Details:
Among the product type segments, assay kits segment is projected to account comparatively higher share in the global allergy diagnostics market owing to simplified procedure and result insurance. Among the allergen type segments, inhaled allergens segment is expected to account for majority revenue share contribution to the global allergy diagnostics market during the forecast period. This higher adoption is attributed to inhaled allergens offering faster relief to patients with allergic rhinitis, asthma allergy, etc. Among the end user segments, diagnostic laboratories segment is anticipated to account for major revenue share owing to ease of access and advanced diagnostic facilities under one roof, and its dominance is expected to continue during the forecast period. Vendors operating in this market are expected to invest on R&D of diagnostics equipment and methodologies to create further opportunities.
The market in North America dominates the global allergy diagnostics market owing to rising prevalence of allergies and increasing awareness about such threats, advancements in diagnostic technologies, improved healthcare facilities, and insurance coverage in countries in the region. Asia Pacific market is expected to witness rapid growth owing to increasing pool of individuals with allergies due to rising environmental pollution, untapped market, and increasing geriatric population.
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4. Global Allergy Diagnostics Market Segmentation
By Product
By Allergen
Assay Kits
Instruments
Services
Inhaled Allergens
Food Allergens
Drug Allergens
Other Allergens
By End User
By Region:
Diagnostic Laboratories
Hospitals
Academic Research Institutes
Others End Users
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5. Allergy Diagnostics Market Report Includes Regional Growth Rate (CAGR %)
North America
North America Allergy Diagnostics Market Growth:
North America Allergy Diagnostics market was valued at US$ XX billion in 2017.
Sample Text
XX.XX%
XX%
Europe
XX.XX%
XX%
Europe Allergy Diagnostics Market Growth: Europe Allergy Diagnostics market expected to grow at CAGR of XX% during forecast 2026.
Asia-Pacific
XX.XX%
XX%
Latin America
Asia-Pacific Allergy Diagnostics Market Growth: Asia Pacific Allergy Diagnostics market is expected to reach US$ XX billion over the forecast 2026.
Middle East and Africa
XX.XX%
XX%
Middle East Allergy Diagnostics Market Growth:
The Middle East & Africa Allergy Diagnostics market expected to cross US$ XX billion during the forecast period 2017 to 2026.
Latin America
XX.XX%
XX%
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6. Key Players Profiled Allergy Diagnostics Market Include:
Key Companies Mentioned are:
BioMérieux SA
Danaher Corporation
Hitachi Chemical Diagnostics Inc.
Siemens AG
Thermo Fisher Scientific Inc.
Stallergenes Greer
HOB Biotech Group Co. Ltd.
HYCOR Biomedical
Lincoln Diagnostics Inc.
Omega Diagnostics Group PLC.
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7. Research Methodology A B C SOLUTION Data Collection Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Key Industry Experts
Channel Study
Developments
Market Changing aspects/ Dynamics
Products
Conclusion A B C
Primary Research
Desk Research
Company Analysis
SOLUTION
Primary Research#
Secondary Research#
Paid Publications#
Linkedin
Zoominfo
Salesforce
OneSource
Company Websites
Company Annual Reports
White Papers
Financial Reports
Factiva
GBI
Genios
Meltwater
Market Participants
Key Strengths
Product Portfolio
Mapping as per Value Chain
Key Focus Segments
# includes sources of databases
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8. Thank You
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