Allergy diagnostics market expected to reach $7.5 billion
LONDON, March 17, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the allergy diagnostics market, the increase in the occurrence of allergic diseases will propel the growth of the allergy diagnostics market. The increase in allergic diseases has been attributed to the increase in environmental pollution due to traffic and many industries. An allergic reaction is described as an abnormal immune system response to an allergen. Allergic diseases include anaphylaxis, allergic rhinitis (often called “hay fever”), food allergies, skin allergies, and allergic asthma. Avoiding allergens is the most essential treatment for allergic disorders. Therefore, proper allergy diagnosis is crucial for effective allergy treatment.
For example, according to the EuroPrevall community survey report, in 2019 the prevalence of probable food allergies in adults was 0.3%, 1.4%, 2.1%, 2.8%, 3.3% and 5.6% in Athens, Reykjavik, Utrecht, Lodz, Madrid and Zurich in 2019. The most common allergy symptoms were oral allergy symptoms (81.6%), followed by skin allergy symptoms ( 38.2%) and rhinoconjunctivitis (29.5%). Thus, the increase in the prevalence of allergic diseases will further support the growth of the allergy diagnostics market.
Demand for a sample of the world allergy diagnosis market report
The size of the global allergy diagnostics market is expected to grow from $4.62 billion in 2021 to $5.07 billion in 2022 at a compound annual growth rate (CAGR) of 9.78%. The growth of the market is mainly due to the reorganization of business operations and the recovery from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and closure of businesses. business activities that resulted in operational challenges. . The Allergy Diagnostics Market is Expected to Reach $7.50 billion in 2026 at CAGR of 10.30%.
Collaborations and partnerships between companies operating in the allergy diagnostics industry to invent new testing methods or improve existing ones are increasing, among other allergy diagnostics market trends in the market. For example, in July 2019, PerkinElmer, Inc. and EverlyWell, Inc. announced a new partnership to accelerate innovation and accessibility of consumer-initiated health testing by integrating PerkinElmer’s CLIA and CAP certified laboratory facilities. to the EverlyWell network of laboratory suppliers. PerkinElmer provides the knowledge behind EverlyWell’s panels for Lyme disease and food sensitivity testing, which are the first products to emerge from this collaboration. Lyme disease and food allergy diagnosis market use the dried blood drop test, which has been used by doctors and hospitals for decades to identify biomarkers of disease with just a few drops of blood. They were developed by medical geneticists board-certified by PerkinElmer Genomics and validated on the EUROIMMUN EUROBlotOne® and EUROIMMUN AnalyzerTM systems.
Major players in the allergy diagnostics market are BioMérieux SA, Danaher Corporation, HOB Biotech Group Corp. Ltd, HYCOR Biomedical, Lincoln Diagnostics Inc., Omega Diagnostics Group Plc, Siemens Healthineers AG, Thermo Fischer Scientific Inc, PerkinElmer Inc. (Euroimmun AG), R-Biopharm AG, Alcon Laboratories, Inc., Abbott Laboratories, HollisterStier Allergy, NEOGEN Corporation, AESKU.GROUP GmbH, ACON Laboratories, Erba Group and Astra Biotech GmbH.
The global allergy diagnostics market is segmented by type of test into in-vivo allergy testing, in-vitro allergy testing; by allergen into inhaled allergens, food allergens, drug allergens; by-products in consumables, instruments, luminometers; by the end user in diagnostic laboratories, hospital laboratories, academic and research institutes.
North America was the greater region in the Allergy Diagnostics Market in 2021. Regions covered in the Allergy Diagnostics Market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.
Global Allergy Diagnostics Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports by The Business Research Company that provide insights into the Allergy Diagnostics market, analyze the market and forecast market size and growth for the overall market, Allergy Diagnostics market segments and geographies, Allergy Diagnostics market trends, Allergy Diagnostics market drivers, Allergy Diagnostics market restraints allergy diagnostics, revenue, profiles and market shares of leading allergy diagnostics market competitors in 1000+ industry reports, covering 2500+ market segments and 60 geographies.
The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. A highly experienced and expert team of analysts and modellers provide market analysis and forecasts. The reports identify key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
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