Rising rates of allergies worldwide will cause the global market for allergy diagnostics to high CAGR of approximately 11% from 2017 to 2025

The allergy diagnostics market is expected to reach USD 5.74 Billion by 2025 from USD 2.66 Billion in 2016, at a CAGR of 10.5% during the forecast period from 2018 to 2025.

The report "Allergy Diagnostics Market by Products (Assay Kits, Immunoassay & Elisa Analyzers, Luminometers, Services), Allergens (Food, Inhaled, Drug), Tests (In Vivo, In Vitro), End Users (Hospital, Diagnostic Laboratory) - Global Forecast to 2022", The allergy diagnostics market is expected to reach USD 5.74 Billion by 2025 from USD 3.49 Billion in 2017, at a CAGR of 10.5% from 2018 to 2025. The high incidence of allergic diseases is one of the major factors driving the growth of this market. The rising environmental pollution levels and the growing need for relatively faster, accurate, and high-throughput technologies for allergy diagnostics are the major factors supporting the growth of this market.
Here are some key findings of the global allergy diagnostics market:

• Expansion of product ranges through M&A: a major market driver
• Increasing funding for allergy diagnostic devices: emerging market trend
• The Americas dominated the global allergy diagnostics market with 40% share in 2017
• In 2017, the consumable products dominated the market with 72% share.

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The objectives of this study are as follows:

• To define, describe, and forecast the global allergy diagnostics market on the basis of product & service, type of allergen, test, end user, and region
• To provide detailed information regarding the major factors influencing market growth (drivers, restraints, and opportunities)
• To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)
• To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
• To track and analyze competitive developments such as product launches, partnerships, expansions, and acquisitions in the global allergy diagnostics market

Target Audience for this Report:

• Allergy diagnostics reagents, kits, and instruments manufacturers
• Allergy diagnostics vendors and distributors
• Hospitals
• Diagnostic laboratories
• Allergy diagnostic service providers
• Academic research institutes
• Venture capitalists and investors
• Research institutes and clinical research organizations (CROs)
• Government associations

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Scope of the Report: This report categorizes the allergy diagnostics market into the following segments:

Allergy Diagnostics Market, by Product & Service

• Assay Kits
• Instruments
• Immunoassay Analyzers
• Luminometers
• ELISA Analyzers
• Other Instruments
• Services

Allergy Diagnostics Market, by Test Type

• In Vivo Tests
• In Vitro Tests

Allergy Diagnostics Market, by Allergen

• Inhaled Allergens
• Food Allergens
• Drug Allergens
• Other Allergens

Allergy Diagnostics Market, by End User

• Diagnostics Laboratories
• Hospital-based Laboratories
• Academic and Research Institutes
• Other End Users

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Key players in the allergy diagnostics market by Region

Based on region, the allergy diagnostics market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2017, North America is expected to command the largest share of the allergy diagnostics market. The large share of this segment can primarily be attributed to the increasing healthcare expenditure, coverage of allergy diagnostics tests in medical insurance, and the strong presence of players in this region.

• North America
• US
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe (RoE)
• Asia
• China
• Japan
• India
• Rest of Asia (RoA)
• Rest of the World (RoW)
• Latin America
• Pacific & Oceania
• Middle East & Africa

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