Healthcare Industry Allergy Diagnostics and Therapeutics Market | Page 2

Your Catalyst To a Lucrative Business Various types of allergens are drug allergens, inhaled allergens, food allergens, and others. Inhaled allergens held the highest industry share over the past couple of years because of numerous cases of air pollution based allergies. Based on end uses, the industry is trifurcated into diagnostics laboratories, and academic research in stitutes. Types of tests mainly include the following: in-vitro, patch, intradermal, skin prick, and in vivo. As per drug classes, the divisions are immunotherapy, autoinjectable epinephrine, immunomodulators, decongestants, nasal anticholinergics, leukotriene inhibitors, mast cell stabilizers, corticosteroids, and antihistamines. Geographically, the worldwide allergy diagnostics and therapeutics market is divided into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Over t he past couple of years, North America has been dominating the global market in terms of revenue earnings. The region may continue leading the industry over the forecast period. Growing acceptance of in vitro blood tests, awareness about allergy diagnostics, and rising cases of allergic respiratory anomalies are drivers of this region. Europe is expected to register a high rate of growth because the region boasts of a mature pharmaceuticals industry. Surging demand for therapeutics is also a prominent regional driver. Other factors are rising cases allergic conditions and a rapidly expanding geriatric population. Asia Pacific may expand rapidly till 2022 owing to a rapidly developing medical infrastructure and surging demand for minimally invasive diagn ostics solutions. The global allergy diagnostics and therapeutics market is a highly fragmented one with a host of companies continuously striving towards larger market shares. Lincoln Diagnostics, Siemens Healthcare, Hitachi Chemical Diagnostics, Alcon Laboratories, and Hycor Biomedical are some of the prominent competitors operating in the global market. In May 2016, Thermo Fisher Scientific licensed ProBioGen AG’s GlymaxX® technology for the development of allergy diagnostics. ProBioGen AG is a Germany based CDMO (contract development and manufacturing organization) & technology provider. Its key areas of focus are GMP production of biopharmaceuticals, process development, and cell lining engineering. The GlymaxX® technology yields antibodies with lower fucose content, is applicable to different types of species, needs no culture additives, and can even lead to enhanced productivity. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/clinical-diagnostics-industry Follow Us: