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.
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
Development of Effective Allergy Diagnostic Products Cuts Down on Healthcare Spending Labs Embrace Automation and Advanced Allergy Tests for Fast Turnaround Times Select Digital Technologies to Provide Help in Managing Food Allergy 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 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
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 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 Environmental Changes and Pollution Aggravate Incidence of Allergic Reactions, Resulting in Increased Need for Allergy Diagnostics Burgeoning Aging Population and Longer Life Expectancy to Drive Allergy Diagnostics Market Expensive Nature of Allergy Diagnostics Approaches Limits Market Growth New Regulations and Statutory Provisions to Affect Diagnostic Allergen Extracts
Allergic Diagnostics: An Introduction
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
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 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 Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
Demeditec Diagnostics GmbH
EUROIMMUN Medizinische Labordiagnostika AG
Lincoln Diagnostics, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/fw66v
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets