Allergy Diagnostics Market to Rise with Significant and Improved Revenue Growth by 2026 | bioMérieux SA (France), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Omega Diagnostics Group PLC (UK), Stallergenes Greer (UK) and Lincoln Diagnost

An allergy is when the immune system responds to a foreign material or substance, called an allergen. The cause of allergy could be something a person eats, inhale into lungs, inject into body or touch. This reaction causes itchy or red eyes, sneezing, a runny nose, scratchy throat, and coughing. In severe circumstances, it can cause breathing trouble, asthma attacks, low blood pressure, hives, rashes, and even death in some extreme cases. There is no cure for allergies that can treat allergy completely. Nonetheless, through the proper diagnosis and medication, the allergy can be controlled.

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Allergy Diagnostics Market Size is anticipated to reach over USD 8.6 billion by 2026 according to a new research published by Polaris Market Research 

Rising numbers of people suffering allergic diseases including asthma, allergic rhinitis, sinusitis, and food allergy is the factor enhancing the Allergy Diagnostics Market. According to the World Health Organization (WHO) 2013, around 300 Million individuals globally suffered from asthma due to allergy, and this number is estimated to surpass 400 Million by the upcoming decade. In addition, according to the statistics rendered by American Academy of Allergy, Asthma & Immunology, almost 15% of the global population is affected by allergic rhinitis annually. Thus, increasing incidences of people suffering the allergy and the demand for proper diagnosis of treatment are the factors predicted to bolster the g market.

Some major key players in Allergy Diagnostics Market include: -

bioMérieux SA (France)
Thermo Fisher Scientific Inc. (US)
Danaher Corporation (US)
Omega Diagnostics Group PLC (UK)
Stallergenes Greer (UK)
Lincoln Diagnostics Inc. (US)
HYCOR Biomedical (US)
HOB Biotech Group Suzhou Co. Ltd. (China)
Alcon Laboratories
Hitachi Chemical Diagnostics
Siemens Healthcare

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Allergy Diagnostics Market Segmentation: -

- On the basis of products, the Allergy Diagnostics Market is segmented into Assay Kits, Instruments, and Consumables. Consumables segment dominated the overall industry in 2017 in as it is an essential component of allergy detection. Advancement in technology for allergen microarray kits and ELISA kits, which are more sensitive and bids adapted patient profiling & monitoring.

- On the basis of allergen, the Allergy Diagnostics Market is segmented into Food, Inhaled, Drug. In 2017, the inhaled segment is anticipated to dominate the global market. The major market share is due to, the increasing demand for allergy diagnosis and the introduction of specific allergen for the detection of allergy.

- On the basis of the test, the Allergy Diagnostics Market is segmented into in vitro and in vivo tests. Due to linked benefits such as wider availability and sensitivity, time efficiency, and ease of use for clinically valid allergies, in vivo segment is estimated to dominate the global market. In vitro test segment is predicted to grow significantly in forecast period majorly due to growing demand for increasing lab automation and a reduced amount of invasive diagnostic methods coupled with highly sensitive & accurate results.

- On the basis of an end user, the Allergy Diagnostics Market is segmented into Hospital and Diagnostic Laboratory. In 2017, diagnostics market is estimated to dominate the global market. In addition, developments in screening methods enabling precise disease diagnosis suggesting appropriate treatment is anticipated to propel the growth opportunities for this segment.

TOC of Allergy Diagnostics Market:

Chapter 1. Overview and Scope

Chapter 2. Market Summary

Chapter 3 Allergy Diagnostics Market Size and Forecast

Chapter 4. Dynamics and Segmentation

Chapter 5. Detailed Insight on Key Company

Chapter 6. Research Methodology and Reference

Chapter 7. Competitive Landscape

TOC Continued…...!!!

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