Global Allergy Diagnostics Strategic Business Report 2023: Labs Embrace Automation and Advanced Allergy Tests for Fast Turnaround Times

DUBLIN, March 3, 2023 /PRNewswire/ -- The "Allergy Diagnostics: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Allergy Diagnostics Market to Reach $8.3 Billion by 2030

The global market for Allergy Diagnostics estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$8.3 Billion by 2030, growing at a CAGR of 10.3% over the analysis period 2022-2030.

Assay Kits, one of the segments analyzed in the report, is projected to record a 11% CAGR and reach US$4.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 10.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 15% CAGR

The Allergy Diagnostics market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 15% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 9.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1 Billion by the year 2030.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

MARKET TRENDS & DRIVERS

• Development of Effective Allergy Diagnostic Products Cuts Down on Healthcare Spending
• Labs Embrace Automation and Advanced Allergy Tests for Fast Turnaround Times
• Food Allergies - A Major and Growing Concern
• Select Digital Technologies to Provide Help in Managing Food Allergy
• Food Allergies Create Opportunities for Food Allergy Testing
• ELISA Gains Lead as Preferred Food Testing Method
• Need to Offer Quality Services at Affordable Costs Prompts Labs to Consider Reagent Rental Agreements
• In-Vitro IgE Molecular Diagnostics to Transform Allergy Testing Market
• Macro Array Diagnostics Unveils Allergy Explorer for Allergy Diagnostics
• Rising Alcohol and Drug Abuse Increases Demand for Allergy Diagnostics
• Increasing Cases of Allergies Drive Development of Advanced Allergy Diagnostics Solutions
• Focus on Single and Protein Allergens
• IgE Antibody Tests
• Allergy Diagnostic Reagents on Microchip
• Allergy Diagnosis Moves from Lab-based to Decentralized POC Tests
• Patch Test to Experience Healthy Growth
• SmartPractice Secures FDA Approval for T.R.U.E. Test(R) Patch Test for Pediatric Use
• Providers of Allergy Diagnostic Services Focus on Vertical Integration
• Allergic Diagnostic Challenges in Patients
• Enhanced Access to Allergy Diagnosis Medical Insurance & Instrument Allowances in the US Widen Market Prospects
• Typical Cost Structure for Allergy Testing
• Technological Advancements - Mobile Health Tools for Allergy Patients
• Technological Advancements - Nanotechnology for Allergy Diagnostics
• Application of Nanostructures for In-Vitro Diagnosis of Allergy
• Application of Nanostructures in Drug-sIgE Detection
• Application of Nanostructures for Detection of Allergen-sIgE
• Select Recent Launches in the Allergy Diagnostics Market to Bolster Market Expansion
• EUROIMMUM Develops EUROLINE DPA-Dx Pollen Southern Europe 1 Test for Pollen Allergies
• Hycor Biomedical Secures FDA Clearance for NOVEOS Allergy Testing System
• ASI Introduces IVT Allergy(R) 3 Screen Panel for Allergy Skin Testing
• CLA-1(TM) Luminometer In-Vitro Allergy Testing Platform for Accurate, Reliable Results
• Growth Drivers
• Increasing Prevalence and Incidence of Allergic Disorders to Drive the Demand for Allergy Diagnostics
• Atopic Dermatitis (Eczema) Prevalence Rates among Global Adult Population
• Environmental Changes and Pollution Aggravate Incidence of Allergic Reactions, Resulting in Increased Need for Allergy Diagnostics
• Major Environmental Factors with Link to Allergic Diseases
• Growing Number of Food Allergy Cases Fuels Demand for Allergy Testing Kits
• Prevalence Rate of Five Common Food Allergies among US Adults
• Factors Responsible for Rising Prevalence of Food Allergy
• Burgeoning Aging Population and Longer Life Expectancy to Drive Allergy Diagnostics Market
• Inadequate Knowledge about Food Allergy Inhibits Growth of Allergy Diagnostic Market
• Expensive Nature of Allergy Diagnostics Approaches Limits Market Growth
• New Regulations and Statutory Provisions to Affect Diagnostic Allergen Extracts

 MARKET OVERVIEW

• Allergens: A Prelude
• Key Allergy Stats
• Allergy: Symptoms and Causes
• Allergic Diagnostics: An Introduction
• Food Allergen Testing
• Impact of Covid-19 and a Looming Global Recession
• The Never-Ending "Race" Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
• Time is of Essence! What We Know So Far - "Vaccine Efficiency Against New Strains"
• With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?
• With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness
• A Strong Yet Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• Allergy Diagnostics Market Under the Covid Lens
• Telemedicine Gains Prominence amid the Pandemic
• Global Allergy Diagnostics Market Set to Witness Rapid Growth
• With Allergies on the Rise for Whatever Reason Be It Our Neanderthal Genes or Hygiene Hypothesis or Vitamin D Hypothesis, the Need for Effective Diagnostics Has Never Been Greater
• Global Prevalence of Allergies (In Million)
• Assay Kits Dominate the Allergy Diagnostics Market
• Inhaled Allergens Segment to Witness Fastest Growth
• US Dominates the Allergy Diagnostics Market, While China to Witness the Fastest Growth
• Rising Demand for In-Vitro Diagnostic Tests for Allergy Diagnosis
• Recent Market Activity
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)

FOCUS ON SELECT PLAYERS (Total 100 Featured)

• Alk-Abello A/S
• Allergy Therapeutics PLC
• ALPCO
• Angsana Molecular & Diagnostics Laboratory Pte. Ltd.
• Astra Biotech GmbH
• biomerieux SA
• Demeditec Diagnostics GmbH
• EUROIMMUN Medizinische Labordiagnostika AG
• GA Generic Assays GmbH
• INDOOR Biotechnologies, Inc.
• Lincoln Diagnostics, Inc.
• Omega Diagnostics Group Plc
• R-Biopharm Ag
• Roxall Medizin GmbH
• Siemens Healthineers
• Stallergenes Greer
• Tecan Trading AG
• Theradiag
• Thermo Fisher Scientific Inc.

For more information about this report visit https://www.researchandmarkets.com/r/fw66v

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