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Allergy Diagnostics Market Trends and Forecast

The future of the allergy diagnostics market looks promising with opportunities in diagnostic laboratories, hospitals, and academic research institutes. The global allergy diagnostics market is expected to reach an estimated $9.9 billion by 2028 with a CAGR of 10.7% from 2023 to 2028. The major drivers for this market are rising pollution level, increasing prevalence of allergies, and growing awareness among patients about allergy testing.
Allergy Diagnostics Market by Product, End Use Industry, and Region
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below.
Allergy Diagnostics Market by Segments

Allergy Diagnostics Market by Segment

The study includes trends and forecast for the global allergy diagnostics market by product, end use industry, and region, as follows:

Allergy Diagnostics Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Instruments
  • Consumables
  • Services

Allergy Diagnostics Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Diagnostic Laboratories
  • Hospitals
  • Academic Research Institutes

Allergy Diagnostics Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Allergy Diagnostics Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, allergy diagnostics companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the allergy diagnostics companies profiled in this report include- 

Allergy Diagnostics Market Insights

  • Lucintel forecasts that consumables will remain the largest product segment over the forecast period due to increasing cases of allergies and growing need for rapid tests to diagnose allergic conditions.
  • Within this market, diagnostic laboratories are expected to remain the largest segment due to increasing preference of people for diagnosis from specialists and technological advancement in screening techniques that enable accurate diagnosis of diseases.
  • North America will remain the largest region due to growing awareness of allergy diagnostics and an increase in adoption of in-vitro blood tests.

Features of the Allergy Diagnostics Market

  • Market Size Estimates: Allergy diagnostics market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Allergy diagnostics market size by various segments, such as by product, end use industry, and region
  • Regional Analysis: Allergy diagnostics market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by product, end use industry, and regions for the allergy diagnostics market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the allergy diagnostics market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the allergy diagnostics market size?
Answer: The global allergy diagnostics market is expected to reach an estimated $9.9 billion by 2028.
Q2. What is the growth forecast for allergy diagnostics market?
Answer: The global allergy diagnostics market is expected to grow with a CAGR of 10.7% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the allergy diagnostics market?
Answer: The major drivers for this market are rising pollution level, increasing prevalence of allergies, and growing awareness among patients about allergy testing.
Q4. What are the major segments for allergy diagnostics market?
Answer: The future of the allergy diagnostics market looks promising with opportunities in diagnostic laboratories, hospitals, and academic research institutes.
Q5. Who are the key allergy diagnostics companies?
Answer: Some of the key allergy diagnostics companies are as follows:
  • bioMerieux
  • Thermo Fisher Scientific
  • Danaher
  • Omega Diagnostics
  • Hitachi Chemical Diagnostics
  • Stallergenes Greer
Q6. Which allergy diagnostics segment will be the largest in the future?
Answer: Lucintel forecasts that consumables will remain the largest product segment over the forecast period due to rising cases of allergies and the requirement for rapid tests to diagnose allergic conditions.
Q7. In allergy diagnostics market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to growing awareness of allergy diagnostics and an increase in adoption of in-vitro blood tests.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions 

Q.1. What are some of the most promising, high-growth opportunities for the allergy diagnostics market by product (instruments, consumables, and services), end use industry (diagnostic laboratories, hospitals, and academic research institutes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?

For any questions related to allergy diagnostics market or related to allergy diagnostics companies, allergy diagnostics market size, allergy diagnostics market share, allergy diagnostics analysis, write Lucintel analyst at email:
helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Allergy Diagnostics Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Allergy Diagnostics Market Trends (2017-2022) and Forecast (2023-2028)
3.3:  Global Allergy Diagnostics Market by Product 
3.3.1: Instruments   
3.3.2: Consumables   
3.3.3: Services
3.4 Global Allergy Diagnostics Market by End Use Industry
3.4.1: Diagnostic Laboratories   
3.4.2: Hospitals   
3.4.3: Academic Research Institutes    
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Allergy Diagnostics Market by Region
4.2.1: North American Allergy Diagnostics Market by Product: Instruments, Consumables, and Services 
4.2.2: North American Allergy Diagnostics Market by End Use Industry: Diagnostic Laboratories, Hospitals, and Academic Research Institutes
4.3: European Allergy Diagnostics Market 
4.3.1: European Allergy Diagnostics Market by Product: Instruments, Consumables, and Services 
4.3.2: European Allergy Diagnostics Market by End Use Industry: Diagnostic Laboratories, Hospitals, and Academic Research Institutes
4.4: APAC Allergy Diagnostics Market 
4.4.1: APAC Allergy Diagnostics Market by Product: Instruments, Consumables, and Services 
4.4.2: APAC Allergy Diagnostics Market by End Use Industry: Diagnostic Laboratories, Hospitals, and Academic Research Institutes
4.5: ROW Allergy Diagnostics Market 
4.5.1: ROW Allergy Diagnostics Market by Product: Instruments, Consumables, and Services
4.5.2: ROW Allergy Diagnostics Market by End Use Industry: Diagnostic Laboratories, Hospitals, and Academic Research Institutes   
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Allergy Diagnostics Market by Product 
6.1.2: Growth Opportunities for the Global Allergy Diagnostics Market by End Use Industry  
6.1.3: Growth Opportunities for the Global Allergy Diagnostics Market by Region
6.2: Emerging Trends in the Global Allergy Diagnostics Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Allergy Diagnostics Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Allergy Diagnostics Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: bioMerieux   
7.2: Thermo Fisher Scientific   
7.3: Danaher   
7.4: Omega Diagnostics   
7.5: Hitachi Chemical Diagnostics   
7.6: Stallergenes Greer   
 
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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