Egg Allergy Market 2018 to 2023 Leaders: Genentech, Inc., Novartis AG., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Bayer AG, Abbott, Astellas, Sanofi

Egg Allergy Market Information By Diagnosis (Skin-Prick Test, Atopy Patch Test (APT), Blood Test, Oral Food Challenge, others), Treatment & Management (Oral Immunotherapy, Medication, others), End User (Hospitals & Clinics, Diagnostic Centers, Research & Academic Institutes and others) - Global Forecast till 2023

Market Scenario

Egg is one of the most common food-allergen in children. Egg allergy symptoms usually occur within a brief amount of time after eating eggs or egg containing foods. Egg allergy signs and symptoms includes wheezing or difficulty in breathing, skin rashes, hives, runny nose, sneezing, stomach pain, nausea, vomiting, anaphylaxis, and diarrhea. Egg allergy can outgrow before adolescence. This allergy is also found in adults but children have higher chances to develop an egg allergy due to specific risk factors. American College of Asthma, Allergy & Immunology (ACAAI) stated that up to 2% of children in the United States are allergic to egg. Egg allergy may also be defined as an adverse reaction of immunological nature of egg proteins which also includes IgE antibody-mediated allergy along with allergic syndromes such as eosinophilic esophagitis and atopic dermatitis.

Notably, high prevalence of egg allergy is the key factor driving the egg allergy market as it further triggers eosinophilic gastroenteropathies, and atopic dermatitis disorders. As per the study published in Pediatric Clinics of North America journal in 2014, the prevalence rate of egg allergy in German children is as low as 0.0004%, with 0.6% in Mexican children, and 1.6% in Danish children. In the United States, 1.3% of prevalence rate was reported.
Various other push factors such as, increasing incidences of asthma, consumer awareness and improved allergy diagnosis, and growing popularity of allergen-free food products continuously contribute to the growth of the global egg allergy market.

Despite these drivers, high cost of allergen-free foods and allergy medication may hamper the growth of the market to an extent. According to a study published in the Journal of Allergy, low-income families reported significant financial barriers to the management of food allergy and anaphylaxis preparedness.

It is estimated that egg allergy market is expected to grow at a CAGR 6.5% during the forecast period of 2017-2023.

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Segmentation

The egg allergy market is segmented on the basis of diagnosis, treatment & management and end-users.

On the basis of diagnosis, market is segmented into skin-prick test, atopy patch test (APT), blood test, oral food challenge, and others.
On the basis of treatment & management, market is classified into Oral Immunotherapy (OIT), Medication, and others. Medication is further segmented into antihistamins, epinephrine shots, and others.
On the basis of end-users, market is segmented into hospital & clinics, diagnostic centers, research & academic institutes, and others.

Regional Analysis

The Americas dominate the egg allergy market owing to the high number of health conscious consumers, and high healthcare expenditure. As per the study published in the JAMA Pediatrics journal in 2013, the overall cost incurred by the food allergy in the United States was nearly USD 25 billion annually.

Europe holds the second position in egg allergy market. It is expected that the increasing incidence of Ig-E mediated reactions due to egg protein will drive the market in Europe region.
Asia Pacific is the fastest growing egg allergy market owing to the increasing innovation in allergen-free food products, and increasing per capita spending on healthcare.

Key Players

Some of key the players in the egg allergy market are Genentech, Inc., Novartis AG., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Bayer AG, Abbott, Astellas, Sanofi, Merck & Co., Inc., Creative Diagnostic Medicare Pvt. Ltd., and ImmuneTech.

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Major TOC for Egg Allergy Market Research Report – Forecast to 2023

Chapter 1. Report Prologue

Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations

Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation

Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment

TOC Continued….!
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