Allergy Diagnostics Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Allergy Diagnostics market, covering key insights, trends, technologies, and a detailed forecast from 2023 to 2033, exploring market dynamics and opportunities for growth.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $8.50 Billion |
| CAGR (2023-2033) | 7.2% |
| 2033 Market Size | $17.38 Billion |
| Top Companies | Thermo Fisher Scientific, Roche Diagnostics, Mylan N.V., Abbott Laboratories, LG Chem |
| Last Modified Date | 15 Nov 2024 |
Allergy Diagnostics Market Report (2023 - 2033)
Allergy Diagnostics Market Overview
What is the Market Size & CAGR of Allergy Diagnostics market in 2023?
Allergy Diagnostics Industry Analysis
Allergy Diagnostics Market Segmentation and Scope
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Allergy Diagnostics Market Analysis Report by Region
Europe Allergy Diagnostics Market Report:
Europe's Allergy Diagnostics market is anticipated to rise from $2.67 billion in 2023 to $5.46 billion by 2033. Factors like increased public health initiatives, a robust healthcare infrastructure, and rising allergy incidences fuel this expansion.Asia Pacific Allergy Diagnostics Market Report:
In the Asia Pacific region, the Allergy Diagnostics market is poised to grow from $1.62 billion in 2023 to $3.32 billion by 2033. The escalating cases of inhalant allergens and food-related allergies combined with rising healthcare spending and improved diagnostic infrastructure contribute significantly to this growth.North America Allergy Diagnostics Market Report:
North America holds a strong position in the Allergy Diagnostics market, with estimates suggesting it will grow from $2.90 billion in 2023 to $5.93 billion by 2033. The region benefits from advanced healthcare systems, high prevalence rates of allergic conditions, and significant investment in new technologies.South America Allergy Diagnostics Market Report:
The South America Allergy Diagnostics market is expected to increase from $0.55 billion in 2023 to $1.12 billion by 2033. The growth is driven by an increasing awareness of allergic diseases and the adoption of novel diagnostic methods aided by better healthcare access.Middle East & Africa Allergy Diagnostics Market Report:
The Middle East and Africa market is expected to grow from $0.76 billion in 2023 to $1.56 billion by 2033, aided by increasing healthcare investments and initiatives dealing with rising allergic cases driven by environmental changes.Request a custom research report for industry.
Allergy Diagnostics Market Analysis By Product Type
Global Allergy Diagnostics Market, By Product Type Market Analysis (2023 - 2033)
In 2023, the market for various product types in Allergy Diagnostics saw significant value distribution. Diagnostic kits dominated, valued at $5.72 billion in 2023, representing a 67.34% market share, and expected to reach $11.70 billion by 2033. Serological assays and laboratory services also held considerable shares, with values emerging at $1.93 billion (22.73%) and expected to scale up to $3.95 billion respectively by 2033.
Allergy Diagnostics Market Analysis By Allergen Type
Global Allergy Diagnostics Market, By Allergen Type Market Analysis (2023 - 2033)
The allergen type segment highlights significant contributors such as pollen, food allergens, and pet dander. Pollen, which constituted 57.05% of the market share in 2023 at $4.85 billion, will double to reach $9.91 billion in 2033. Food allergens and pet dander followed suit, progressing from $1.73 billion (20.37%) and $0.88 billion (10.33%) in 2023 to $3.54 billion and $1.79 billion respectively in 2033.
Allergy Diagnostics Market Analysis By Test Type
Global Allergy Diagnostics Market, By Test Type Market Analysis (2023 - 2033)
The differentiation of tests reveals a major dominance by skin prick tests and point-of-care devices, each generating substantial revenue by 2033. Skin prick tests grossed around $5.72 billion in 2023, with an excellent retention of market share at 67.34%, projected to sustain the same share till 2033.
Allergy Diagnostics Market Analysis By End User
Global Allergy Diagnostics Market, By End-User Market Analysis (2023 - 2033)
Hospitals remained the leading end-user segment at a market size of $5.72 billion (67.34% share) in 2023 and is expected to rise to $11.70 billion by 2033, reflecting the increasing reliance on clinical environments for allergy diagnostics.
Allergy Diagnostics Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Allergy Diagnostics Industry
Thermo Fisher Scientific:
A leading player in the field, known for its extensive range of allergy diagnostics and innovative testing technologies.Roche Diagnostics:
Renowned for its diagnostic solutions, particularly in serology and molecular assays aimed at allergy testing.Mylan N.V.:
A significant contributor in the development of allergy treatments and diagnostic kits, enhancing accessibility.Abbott Laboratories:
Offers a broad array of allergy diagnostics and has made strides in integrating technology with diagnostic processes.LG Chem:
Investing in research for new serological methods to improve testing accuracy in allergy diagnostics.We're grateful to work with incredible clients.
