The Allergists industry has recently benefited from strong demand growth, despite some significant revenue fluctuations over the past five years. Allergists experience a constant stream of demand from people with severe allergies. However, patients with less severe allergies may be more likely to put off visiting an industry doctor if other factors stand in the way, such as lack of insurance coverage. Therefore, as insurance coverage has grown throughout the country over the past five years, so has demand for industry services. Over the five years to 2023, industry revenue is projected to increase. The number of children aged nine and younger is expected to grow, expanding the industry's market for allergy testing, while federal funding for Medicare and Medicaid is also likely to increase, making it easier for some patients to seek industry services.
This industry includes doctors who have trained in a basic specialty and then completed a second training period in allergic disease diagnosis and treatment. Allergists are specialists who treat and diagnose allergies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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