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Advancements in Allergy Skin Test Market for prevention and treatment with Evolving CAGR of 8.2% in the Healthcare Industry through 2017-2023 Top Industry Vendors- Thermo Fischer Scientific, Arlington Scientific, Inc., Cell Science Systems, Quest Diagnost

10-02-2018 11:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Allergy Skin Test Market

Allergy Skin Test Market

Market Synopsis of the Global Allergy Skin Test Market

Allergy is a condition caused by hypersensitivity of the immune system to various substance in the environment such as grass, pollen, dust, weeds and others. Some people develop allergic reactions on administration of drugs containing gluten. Allergic diseases include hay fever, food allergies, atopic dermatitis, allergic asthma, and anaphylaxis. Therefore, these allergic conditions are diagnosed by various types of tests such as allergy skin test. The test produces quick results for most for the allergens, thus determining the type of allergy so that the patients are recommended to avoid drugs or food stuffs containing the substance to which they are allergic. However, allergy skin tests may result in swollen red protrusions which may persist for a couple of days.

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The market for allergy skin test is driven by an increasing prevalence of allergies such as rhinitis, asthma and allergic conjunctivitis, increasing number of patients with drug allergy, and growing demand of allergy testing across the globe. Furthermore, accurate and reliable results of allergy skin tests further boost the market growth.

The global allergy skin test market is expected to grow at a CAGR of 8.2% during the forecast period.

Key Players

Thermo Fischer Scientific
Arlington Scientific, Inc.
Cell Science Systems
Quest Diagnostics Incorporated
Lincoln Diagnostics, Inc.
HollisterStier Allergy
Novartis Global
Segments

The global allergy skin test market is segmented on the basis of type, indication, and end user.

On the basis of type, market is segmented into prick, intradermal, patch and others.

On the basis of indication, the market is segmented into allergy rhinitis, allergic asthma, drug allergy, allergic conjunctivitis, anaphylaxis, urticarial and others.

On the basis of end user, the market is segmented into hospitals & clinics, diagnostic centers, and others.

Regional Analysis

Europe is the largest market for allergy skin test owing to the high prevalence of allergic conditions such as food allergy, and anaphylaxis, increasing demand for diagnostic services and rising awareness about skin testing fuels the market growth.

America holds the second largest market due to the rising prevalence of various types of allergies in the U.S. According to the Allergy and Asthma Foundation of America, allergy rhinitis affects 6.1 million of the children population and 20 million of the adult population.

The market in Asia Pacific is expected to grow at the fastest pace and is driven by the increasing environmental pollution, high prevalence of allergic asthma and rising geriatric population. Environmental pollution is found to be increasing in India and China further influencing the market growth.

The Middle East & Africa also show a steady growth in market due to the rising prevalence of nasal allergies in the Middle East and extensive demand for healthcare services in Africa.

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Detailed Table of Contents

1. Report Prologue

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

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

...Continued

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About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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