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Allergy Diagnostics - Global Strategic Business Report

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    Report

  • 638 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805131
Description Jump to:
The global market for Allergy Diagnostics is estimated at US$4.2 Billion in 2023 and is projected to reach US$8.3 Billion by 2030, growing at a CAGR of 10.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the allergy diagnostics market is driven by several factors, including the increasing prevalence of allergic diseases, rising awareness about allergy management, and advancements in diagnostic technologies. The global burden of allergic conditions, such as asthma, allergic rhinitis, and food allergies, is on the rise, necessitating effective diagnostic solutions to manage and treat these conditions. Growing public awareness and education about allergies have led to higher demand for diagnostic testing, as more individuals seek to identify and manage their allergic triggers. Technological innovations have made allergy diagnostics more accessible and accurate, encouraging healthcare providers to adopt these advanced tools in clinical practice. Additionally, supportive government initiatives and healthcare policies aimed at improving allergy care and management are bolstering market growth. The expansion of healthcare infrastructure and increased investment in research and development further contribute to the market`s positive trajectory. As these trends continue, the allergy diagnostics market is poised for significant growth, driven by the ongoing need for precise, efficient, and patient-centric diagnostic solutions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Allergy Diagnostics Assay Kits segment, which is expected to reach US$4.5 Billion by 2030 with a CAGR of a 10.9%. The Allergy Diagnostics Instruments segment is also set to grow at 10.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 14.8% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Allergy Diagnostics Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Allergy Diagnostics Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Allergy Diagnostics Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as 3M Company, Bausch & Lomb, Inc., ACON Laboratories, Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 100 Featured):

  • 3M Company
  • Bausch & Lomb, Inc.
  • ACON Laboratories, Inc.
  • Awareness Technology, Inc.
  • ALK-Abello A/S
  • Allergy Therapeutics Plc
  • Alpha Laboratories Ltd.
  • Angsana Molecular & Diagnostics Laboratory Pte Ltd.
  • Bausch Health Companies Inc.
  • Alkor Bio Group
  • ALLERGOPHARMA GmbH & Co. KG
  • AESKU.Diagnostics GmbH & Co. KG
  • AllerGenis, Inc.
  • Astra Biotech GmbH
  • Assure Tech. (Hangzhou) Co., Ltd

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Allergens: A Prelude
  • Key Allergy Stats
  • Allergy: Symptoms and Causes
  • Allergic Diagnostics: An Introduction
  • Food Allergen Testing
  • Global Allergy Diagnostics Market Set to Witness Rapid Growth
  • 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
  • Global Prevalence of Allergies (In Million)
  • 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
  • Global In-Vitro Diagnostics (IVD) Market Revenues (in %) by Segment for the Year 2023
  • Global In-Vitro Diagnostics (IVD) Market Revenues (in %) by Geographic Region for the Year 2023
  • Allergy Diagnostics - Global Key Competitors Percentage Market Share in 2024 (E)
  • Allergy Diagnostics Competitor Market Share Scenario Worldwide (in %): 2021
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Development of Effective Allergy Diagnostic Products Cuts Down on Healthcare Spending
  • World Healthcare Expenditure (In US$ Trillion) for the Years 2017, 2019, 2021 & 2023
  • Per Capita Healthcare Expenditure (in $) by Select Countries for 2022
  • Labs Embrace Automation and Advanced Allergy Tests for Fast Turnaround Times
  • Food Allergies - A Major and Growing Concern
  • Select Digital Technologies to Provide Help in Managing Food Allergy
  • Food Allergies Create Opportunities for Food Allergy Testing
  • 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
  • Macro Array Diagnostics Unveils Allergy Explorer for Allergy Diagnostics
  • 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
  • IgE Antibody Tests
  • 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
  • Hycor Biomedical Secures FDA Clearance for NOVEOS Allergy Testing System
  • 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
  • Growth Drivers
  • Increasing Prevalence and Incidence of Allergic Disorders to Drive the Demand for Allergy Diagnostics
  • Atopic Dermatitis (Eczema) Prevalence Rates among Global Adult Population
  • Environmental Changes and Pollution Aggravate Incidence of Allergic Reactions, Resulting in Increased Need for Allergy Diagnostics
  • Major Environmental Factors with Link to Allergic Diseases
  • Growing Number of Food Allergy Cases Fuels Demand for Allergy Testing Kits
  • Prevalence Rate of Five Common Food Allergies among US Adults
  • Factors Responsible for Rising Prevalence of Food Allergy
  • Burgeoning Aging Population and Longer Life Expectancy to Drive Allergy Diagnostics Market
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Market Restraints
  • Inadequate Knowledge about Food Allergy Inhibits Growth of Allergy Diagnostic Market
  • Expensive Nature of Allergy Diagnostics Approaches Limits Market Growth
  • New Regulations and Statutory Provisions to Affect Diagnostic Allergen Extracts
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Allergy Diagnostics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Allergy Diagnostics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Allergy Diagnostics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Assay Kits by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Assay Kits by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Assay Kits by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Instruments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Instruments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Instruments by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Inhaled Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Inhaled Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Inhaled Allergens by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Food Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Food Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Food Allergens by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Drug Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Drug Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Drug Allergens by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Allergens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other Allergens by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Diagnostic Laboratories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Diagnostic Laboratories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Diagnostic Laboratories by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Allergy Diagnostics Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Market Facts & Figures
  • US Allergy Diagnostics Market Share (in %) by Company: 2022 & 2030
  • Assay Kits (Product) Market Share Analysis (in %) of Leading Players in the US for 2022 & 2030
  • Instruments (Product) Competitor Revenue Share (in %) in the US: 2022 & 2030
  • Services (Product) Market Share Breakdown (in %) of Major Players in the US: 2022 & 2030
  • Inhaled Allergens (Allergens) Market in the US: Percentage Breakdown of Revenues by Company for 2022 & 2030
  • Food Allergens (Allergens) Competitor Market Share Breakdown (in %) in the US for 2022 & 2030
  • Drug Allergens (Allergens) Market: Revenue Share Breakdown (in %) of Key Players in the US: 2022 & 2030
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Allergy Prevalence Statistics
  • Incidences of Food Allergy and Intolerance on the Rise among Americans
  • Pain Killer Abuse Leads to High Incident of Drug Allergy Reactions
  • US Witnesses Increasing Popularity of At-Home Allergy Diagnostic Kits
  • US Offers Favorable Reimbursements for Allergy Testing
  • Market Analytics
CANADA
JAPAN
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Market Facts & Figures
  • European Allergy Diagnostics Market: Competitor Market Share Scenario (in %) for 2022 & 2030
  • Assay Kits (Product) Market Share (in %) by Company in Europe: 2022 & 2030
  • Instruments (Product) Market Share (in %) of Major Players in Europe: 2022 & 2030
  • Services (Product) Competitor Market Share Analysis (in %) in Europe: 2022 & 2030
  • Inhaled Allergens (Allergens) Market in Europe: Competitor Revenue Share Shift (in %) for 2022 & 2030
  • Food Allergens (Allergens) Competitor Market Share (in %) Positioning in Europe for 2022 & 2030
  • Drug Allergens (Allergens) Key Player Market Share Breakdown (in %) in Europe: 2022 & 2030
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Food Allergy: Regulatory Overview
  • EU FIC Regulation
  • Soy Allergy Regulations
  • Egg Allergy Regulations
  • Market Analytics
FRANCE
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Allergy: An Overview
AUSTRALIA
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Food Allergies and Intolerances on the Rise among Indians
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Allergy Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • 3M Company
  • Bausch & Lomb, Inc.
  • ACON Laboratories, Inc.
  • Awareness Technology, Inc.
  • ALK-Abello A/S
  • Allergy Therapeutics Plc
  • Alpha Laboratories Ltd.
  • Angsana Molecular & Diagnostics Laboratory Pte Ltd.
  • Bausch Health Companies Inc.
  • Alkor Bio Group
  • ALLERGOPHARMA GmbH & Co. KG
  • AESKU.Diagnostics GmbH & Co. KG
  • AllerGenis, Inc.
  • Astra Biotech GmbH
  • Assure Tech. (Hangzhou) Co., Ltd

Table Information

Report AttributeDetails
No. of Pages638
PublishedNovember 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 4.2 Billion
Forecasted Market Value ( USD ) by 2030 $ 8.3 Billion
Compound Annual Growth Rate10.2%
Regions CoveredGlobal
No. of Companies Mentioned15

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