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Allergy Diagnostics Market by Product & Service (Consumables, Instruments (Immunoassay Analyzer, Luminometer), Services), Test Type (In Vivo (Skin Prick, Patch), In Vitro), Allergen (Food, Inhaled, Drug), End User, & Region - Global Forecast to 2029

Publisher MarketsandMarkets
Published Apr 22, 2024
Length 294 Pages
SKU # MKMK18725116

Description

Allergy Diagnostics Market by Product & Service (Consumables, Instruments (Immunoassay Analyzer, Luminometer), Services), Test Type (In Vivo (Skin Prick, Patch), In Vitro), Allergen (Food, Inhaled, Drug), End User, & Region - Global Forecast to 2029



The global Allergy Diagnostics market is projected to reach USD 9.8 billion by 2029 from USD 5.3 billion in 2024, at a CAGR of 11.0% during the forecast period. The growth of this market is majorly driven by rise in awareness program by government and associations, growing allergy research, and rise in innovative technologies for allergy diagnosis. However, a smaller number of allergists and poor implementation of allergy testing methods could restrain the growth of the Allergy Diagnostics market.

“Consumables segment accounted for the highest market share in the Allergy Diagnostics market, by product & service, during the forecast period.”

Based on product & service, the Allergy Diagnostics market is segmented into consumables, instruments, and services. In 2023, the consumables segment accounted for the largest share of the Allergy Diagnostics market. Growing prevalence of allergies including inhaled and food allergies and emergence of local players in in vivo test kits to drive the market of this segment during the forecast period. This segment is also anticipated to witness substantial growth over the projected period.

“In Vivo type of tests accounted for the larger market share in the Allergy Diagnostics market, by test type, during the forecast period.”

The Allergy Diagnostics market is segmented into in vivo tests and in vitro tests based on test type. The in vivo tests segment accounted for the largest share of the Allergy Diagnostics market in 2023 and is also projected to acquire highest CAGR during the forecast period. The growth of in vivo test segment is majorly driven by the increase in demand for point-of care testing and growing awareness about allergic symptoms and need for getting tested.

“Hospital-based laboratories & clinics accounted for the highest CAGR during the forecast period.”

Based on the end user, the Allergy Diagnostics market is segmented into diagnostic laboratories, hospital-based laboratories & clinics, academic research institutes, and other end users. In 2023, the hospital-based laboratories & clinics segment accounted for the largest share of the market. The clinics' significant end-user standing for in vivo allergy testing and their convenience in terms of allergy management and treatment options are the main reasons for their substantial market share.

“The North America segment accounted for the highest market share in the Allergy Diagnostics market, by region, during the forecast period.”

Based on the region, the Allergy Diagnostics market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. North America region accounted for the largest share of the global Allergy Diagnostics market in 2023. This large share of North America is due to the growing incidence of food and respiratory allergies, rise in agreement for awareness between government and associations, and presence of major players in the region.

Table of Contents

294 Pages
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • INCLUSIONS AND EXCLUSIONS
    • MARKET SEGMENTATION
    • MARKET STAKEHOLDERS
    • SUMMARY OF CHANGES
    • RECESSION IMPACT
    • RESEARCH DATA
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • STUDY ASSUMPTIONS
    • RISK ASSESSMENT
    • RESEARCH LIMITATIONS
    • RECESSION IMPACT ANALYSIS
  • EXECUTIVE SUMMARY
    • ALLERGY DIAGNOSTICS MARKET OVERVIEW
    • ASIA PACIFIC: ALLERGY DIAGNOSTICS MARKET, BY ALLERGEN AND COUNTRY (2023)
    • ALLERGY DIAGNOSTICS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
    • ALLERGY DIAGNOSTICS MARKET: REGIONAL MIX
    • ALLERGY DIAGNOSTICS MARKET: DEVELOPED VS. EMERGING ECONOMIES
    • INTRODUCTION
    • MARKET DYNAMICS
    • PRICING ANALYSIS
    • PATENT ANALYSIS
    • VALUE CHAIN ANALYSIS
    • SUPPLY CHAIN ANALYSIS
    • ECOSYSTEM ANALYSIS
    • PORTER’S FIVE FORCES ANALYSIS
    • REGULATORY ANALYSIS
    • TRADE ANALYSIS
    • TECHNOLOGY ANALYSIS
    • KEY CONFERENCES AND EVENTS, 2024-2025
    • TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    • KEY STAKEHOLDERS & BUYING CRITERIA
    • INTRODUCTION
    • CONSUMABLES
    • INSTRUMENTS
    • SERVICES
    • INTRODUCTION
    • IN VIVO TESTS
    • IN VITRO TESTS
    • INTRODUCTION
    • INHALED ALLERGENS
    • FOOD ALLERGENS
    • DRUG ALLERGENS
    • OTHER ALLERGENS
    • INTRODUCTION
    • HOSPITAL-BASED LABORATORIES & CLINICS
    • DIAGNOSTIC LABORATORIES
    • ACADEMIC RESEARCH INSTITUTES
    • OTHER END USERS
    • INTRODUCTION
    • NORTH AMERICA
    • EUROPE
    • ASIA PACIFIC
    • LATIN AMERICA
    • MIDDLE EAST & AFRICA
    • OVERVIEW
    • STRATEGIES ADOPTED BY KEY PLAYERS
    • REVENUE ANALYSIS
    • MARKET SHARE ANALYSIS
    • BRAND/PRODUCT COMPARISON
    • COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    • COMPETITIVE EVALUATION MATRIX: STARTUPS/SMES, 2023
    • VALUATION AND FINANCIAL METRICS OF ALLERGY DIAGNOSTICS VENDORS
    • COMPETITIVE SCENARIO
    • KEY PLAYERS
    • OTHER PLAYERS
    • DISCUSSION GUIDE
    • KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
    • CUSTOMIZATION OPTIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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