allergy diagnostics Market to grow with 10.9% CAGR during 2021 to 2031

The allergy diagnostics market was valued at USD 5 billion in 2021 and it is anticipated to grow further up to USD 14.1 billion by 2031 at a CAGR of 10.9% during the forecast period (2022-2031).

Global allergy diagnostics report from Global Insight Services is the single authoritative source of intelligence on allergy diagnostics market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Players of Global Allergy Diagnostics Market

The key players in the global allergy diagnostics market are Thermo Fisher Scientific Inc., Siemens Healthineers, Danaher, Omega Diagnostics Group PLC, bioMérieux SA, Romer Labs Division Holding, EUROIMMUN Medizinische Labordiagnostika AG, HollisterStier Allergy, NEOGEN Corporation, Eurofins Scientific, Minaris Medical America, Inc., Stallergenes Greer, HOB Biotech Group Corp., Ltd., HYCOR Biomedical, R-Biopharm AG, AESKU.GROUP GmbH, ACON Laboratories, Inc., Lincoln Diagnostics, Inc., Astra Biotech GmbH, and Erba Group among others.

Market Segmental Analysis

The global allergy diagnostics market is segmented into products & services, allergen, test type, and end user.

Global Allergy Diagnostics Market by Product & Services

The various products & services considered in the global allergy diagnostics market are consumables, instruments, and services. The instruments segment is also sub-segmented into immunoassay analyzers, ELISA analyzers, luminometers, and other instruments.

Global Allergy Diagnostics Market by Allergen

The various allergens such as inhaled allergens, food allergens, drug allergens, and others are comprised in the global allergy diagnostics market.

The inhaled allergens segment is estimated to dominate the market. The key factors such as increasing environmental pollution combined with rising pollen coupled with other factors like fungus, mold, and dust are propelling the growth of the segment in the market.

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Market Drivers

Increasing environmental pollution levels

Exposure to indoor and outdoor air pollutants, allergens, and occupational exposure are the major risk factors that cause chronic respiratory diseases. The prevalence of allergic disorders among the urban population is higher than those living in rural areas owing to the high exposure to environmental pollutants in cities. A new WHO air quality model confirms that 92% of the world’s population lives in places where air quality levels exceed WHO limits. Some 3 million deaths per year are linked to exposure to outdoor air pollution. Indoor air pollution can be just as deadly. In 2012, an estimated 6.5 million deaths (11.6% of global deaths) were associated with indoor and outdoor air pollution together.

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