1 / 12

Allergy Diagnostics Market: A Study of the Industry's Current Status and Future

The global allergy diagnostics market size is expected to reach USD 12.45 Billion at a steady revenue CAGR of 11.1% in 2030, according to the latest analysis by Emergen Research. One of the primary driving factors leading to increased revenue growth of the market is a high prevalence of allergic diseases. According to estimates, allergic rhinitis, popularly known as hay fever, affects 7.8% of individuals in the U.S. It is estimated that 3.5-4% of the general population in the U.S. has Immunoglobin E (IgE)-mediated food allergy or sensitivity. Thus, rising prevalence of allergic diseases is lea

ashwinisharma12
Download Presentation

Allergy Diagnostics Market: A Study of the Industry's Current Status and Future

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Allergy Diagnostics Market Size Worth USD 12.45 Billion in 2030 www.emergenresearch.com High prevalence of allergic diseases is a significant factor driving the global allergy diagnostics market revenue growth . 2

  2. Our Model Market Analysis Financial Analysis Distribution Channel Analysis Brand Analysis Custom Market Intelligence Competitor Analysis Product Analysis Custom Research www.emergenresearch.com Demand Analysis Risk Analysis

  3. Business Plan Parameters End Use Analysis Demand Availability Analytics Market Entry Strategy Restructuring & Revival New Product Strategy Product Planning / Strategy SWOT Analysis Marketing / Distribution Channel Feasibility www.emergenresearch.com Customer Identification Survey Competitive Landscape / M&A Feasibility www.emergenresearch.com

  4. Industries We Cater to Food & Beverages Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports Nutrition, Frozen and Processed Food, Household, Retail Power & Energy Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy Automotive Services Information and Tech Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce www.emergenresearch.com Pharma & Healthcare Materials and Chemicals Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings 5

  5. Market Summary The global allergy diagnostics market size is expected to reach USD 12.45 Billion at a steady revenue CAGR of 11.1% in 2030, according to the latest analysis by Emergen Research. One of the primary driving factors leading to increased revenue growth of the market is a high prevalence of allergic diseases. According to estimates, allergic rhinitis, popularly known as hay fever, affects 7.8% of individuals in the U.S. It is estimated that 3.5-4% of the general population in the U.S. has Immunoglobin E (IgE)-mediated food allergy or sensitivity. Thus, rising prevalence of allergic diseases is leading to rising demand for allergy diagnostics. Advances in diagnostic technologies and algorithms assist clinicians in more correctly diagnosing allergies, allowing patients to obtain the appropriate medication. Furthermore, government measures are also contributing to revenue growth of the market. Inadequate awareness and use of allergy testing technologies is a major factor, which could hamper revenue growth of the market. For example, despite advances in scientific knowledge of allergic disorders, about half of all allergy patients seek diagnosis and treatment from alternative practitioners every year. Some individuals will be subjected to unproven allergy testing or treatments. Acceptance is aided by the incorporation of conventional eastern healthcare concepts into western society, as well as irresponsible media attention to promises of innovative allergy remedies. As a result these factors could restrain revenue growth of the allergy diagnostics market. Read More : https://www.emergenresearch.com/industry-report/allergy-diagnostics-market www.emergenresearch.com

  6. Market Summary Some Key Highlights From the Report On 18 June 2021, the Medicines and Healthcare products Regulatory Agency (MHRA) licensed Reacta Biotech's manufacturing plant in Deeside, North Wales, to begin producing its unique peanut Oral food Challenge (OFC) under the current Good Manufacturing Practices (cGMP) standards. The food allergens segment is expected to register fastest revenue CAGR during the forecast period, which is attributed to rising prevalence of food allergies among individuals in both developing and developed countries and initiatives from key market players. For example, Eurofins Technologies, which is a manufacturer of laboratory test kits and systems, announced the launching of the new SENSIStrip Allergen product line on 14 December 2020, which quickly identifies allergens that must be labeled on packaged food items. The allergy diagnostics market is also supported by regulatory activities from international agencies such as the U.S. Food and Drug Administration (FDA). In vitro tests segment is expected to register a high CAGR during the forecast period as patients are not exposed to allergens, which eliminates the possibility of adverse responses during testing. The patient's use of antihistamines or other medicines causes no interference. Testing is not prohibited in the presence of broad dermatological sickness or dermographism. The standardization and quantification of test systems enable more robust comparisons in an individual across time and across testing sites. A single blood sample can be used to measure specific IgE to a wide range of allergens, and a more extensive test menu is available. Request Free Sample : https://www.emergenresearch.com/request-sample/1566 www.emergenresearch.com

  7. Market Summary • The Global Allergy Diagnostics Market on the basis of product & service, allergen, test type, end-use, and region. • Product & Service Outlook (Revenue, USD Billion; 2019–2030) • Consumables • Instruments • Immunoassay Analyzers • ELISA Analyzers • Luminometers • Services • End-use Outlook (Revenue, USD Billion; 2019–2030) • Diagnostics Laboratories • Hospital-based Laboratories • Academic Research Institutes • Allergen Outlook (Revenue, USD Billion; 2019–2030) • Inhaled Allergens • Food Allergens • Drug Allergens • Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1566

  8. MARKETSEGMENTATION www.emergenresearch.com

  9. Regional Share Dynamics www.emergenresearch.com

  10. LATEST PUBLICATIONS Browse Related Reports: Back And Neck Massager Market https://www.emergenresearch.com/industry-report/back-and-neck-massager-market Zero Trust Security Solutions Market https://www.emergenresearch.com/industry-report/zero-trust-security-solutions-market Chip Scale Package Led Market https://www.emergenresearch.com/industry-report/chip-scale-package-led-market Ozone Generation Technology Market https://www.emergenresearch.com/industry-report/ozone-generation-technology-market Patent And Trademark Renewals Services Market https://www.emergenresearch.com/industry-report/patent-and-trademark-renewals-services-market 5g Millimeter Wave Repeater Market https://www.emergenresearch.com/industry-report/5g-millimeter-wave-repeater-market www.emergenresearch.com

  11. At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade. Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors. About Us www.emergenresearch.com

  12. Lets Talk; Contact Information Reach out to us and our Research Executives will ensure you get the report that meets all your requirements and address all your concerns. 14671 110 Avenue, Surrey, British Columbia, V3R2A9 www.emergenresearch.com www.emergenresearch.com sales@emergenresearch.com +1 (604) 757-9756

More Related