Allergy Diagnostics Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2025
“The factors that are playing a major role in the growth of
the allergy diagnostics market are the rise in healthcare
expenditure, growing occurrence of allergic diseases, the
rising access for allergy diagnosis medical insurance in
the United States, and increasing environmental pollution
level”
Global allergy diagnostics market is expected to grow at a significant CAGR of 10% in the upcoming period
as the scope and its applications are rising enormously across the globe. Allergy diagnostics help to
determine if the body has an allergic reaction to a known substance. It is mainly done using blood or skin
tests as patients show an exclusive range of varying sensation patterns and symptoms against particular
allergens.
The factors that are playing a major role in the growth of the market are the rise in healthcare expenditure,
growing occurrence of allergic diseases, the rising access for allergy diagnosis medical insurance in the
United States, and increasing environmental pollution level. However, lack of awareness regarding allergic
diseases and the high cost of instruments are the factors that may restrain overall market growth in the
years to come. Allergy diagnostics market is segmented based on product type, test, allergen, end -user,
and region.
Instruments, assay kits, services, and other product types could be explored in allergy diagnostics in the
forecast period. The assay kits sector accounted for the substantial market share of allergy diagnostics and
is estimated to continue its dominance in the years to come. The reason could be great level of precision,
effective performance, and reliability. In vitro tests and in vivo tests are the test types that could be
explored in allergy diagnostics in the forecast period.