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Allergy Diagnostics Market Industry & Growth
Allergy Diagnostics Market Size, Share, Trend, Forecast, Growth & Industry Analysis (2022-2028)
The market is segmented by Product & Service Type (Consumables, Instruments [Immunoassay Analyzers, Elisa Analyzers, Luminometers, and Other Instruments], and Services), by Test Type (In Vivo Tests [Skin Prick Tests, Patch Tests, and Other In Vivo Tests] and In Vitro Tests), by...
The Allergy Diagnostics Market was estimated to grow from USD 4.96 Billion in 2021 to USD 10.33 Billion by 2028 at a CAGR of 10.94% during the forecast period of 2022-2028.
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What are Allergy Diagnostics?
Allergy diagnostics are performed to identify allergens like mold, bee stings and peanuts, pet dander, which can cause allergies. An allergy is an immune system hypersensitivity disorder. Allergic reactions occur when a person's immune system reacts to harmless substances in the environment known as allergens.
The prime factor that is contributing to the growth of the market are-
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By Product & Service Type
The Consumables segment is expected to capture the major share of the market during the forecast period.
The market is segmented into consumables, instruments, and services. The growing prevalence of allergies and the need for rapid tests to diagnose allergic conditions can be attributed to the dominance of the consumables segment.
By Test Type
In Vivo Tests are estimated to hold the major share of the market during the forecast period
The market is segmented into in vivo tests and in vitro tests. In Vivo Tests segment is driven by the growing adoption of various in vivo tests, such as skin prick tests, as these in vivo tests are safe, cost-effective, and more convenient as compared to in vitro tests.
By End-User Type
Diagnostic Laboratories are estimated to hold the major share of the market during the forecast period.
The market is segmented into diagnostic laboratories, hospital-based laboratories, academic research institutes, and other end-users. The diagnostic Laboratories segment is driven by the growing awareness among consumers regarding the management of allergic diseases, preference for proper diagnosis from specialists, and the availability of funds for the operation of independent diagnostic laboratories.
By Region
North America is estimated to be the dominating region in the market over the forecast period.
The region is dominating because of favorable regulations and initiatives by associations, increasing incidences of allergies, and favorable reimbursement conditions for allergy diagnosis, all of which are fuelling the regional market growth. Furthermore, Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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The allergy diagnostics market is segmented into the following categories.
By Product & Service Type
By Test Type
By Allergen Type
By End-User Type
By Region
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Report – Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>120 |
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Company Profiles |
10 |
This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
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Allergy Diagnostics Market Features |
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Market Size in 2021 |
US$ 4.96 Billion |
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Market Size in 2028 |
US$ 10.33 Billion |
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Market Growth by 2022-2028 |
10.94% CAGR |
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Base Year of Study |
2021 |
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Trend Period |
2017-2020 |
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Forecast Period |
2022-2028 |
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Segments Covered |
By Product & Service Type (Consumables, Instruments [Immunoassay Analyzers, Elisa Analyzers, Luminometers, and Other Instruments], and Services) By Test Type (In Vivo Tests [Skin Prick Tests, Patch Tests, and Other In Vivo Tests] and In Vitro Tests) By Allergen Type (Inhaled Allergens, Food Allergens, Drug Allergens, and Other Allergens) By End-User Type (Diagnostic Laboratories, Hospital-based Laboratories, Academic Research Institutes, and Other End-Users) By Region (North America, Europe, Asia-Pacific, and the Rest of the World) |
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Top Companies in 2021 |
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Dominant Region |
North America accounted for the fastest-growing market share during the forecast period. |
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
The following is a list of the customers that the market aims to convert the most:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
The market size is expected to reach an estimated value of US$ 10.33 Billion by 2028.
The market is expected to grow at a CAGR of 10.94% during the forecast period.
Allergy diagnostics are performed to identify allergens like mold, bee stings and peanuts, pet dander, which can cause allergies. An allergy is an immune system hypersensitivity disorder. Allergic reactions occur when a person's immune system reacts to harmless substances in the environment known as allergens.
The market size was US$ 4.96 Billion in 2021.
North America is estimated to be the largest region in the market owing to a growing percentage of the geriatric population in the regional market.
High incidence of allergic diseases, rising levels of environmental pollution, increased funding for allergy diagnostics by organizations, and increasing access to healthcare insurance are some of the major factors accelerating the growth of the market during the forecast period.
Some of the key players in the Allergy Diagnostics market are- Danaher Corporation, Eurofins Scientific, Euroimmun Medizinische Labordiagnostika AG, HollisterStier Allergy, Minaris Medical America, Inc., Neogen Corporation, Romer Labs Division Holding GmbH, Siemens Healthineers AG, Stallergenes Greer Ltd., Thermo Fisher Scientific.
The historic years considered for the study are 2017-2020, the base year is 2021, the estimated year is 2022, and the forecast period is 2022-2028.
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