Why does North America dominate the Market for Allergy Diagnostics in terms of revenue?

North America held the largest share in 2021, contributing to around one-third of the total allergy diagnostics market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 14.2% during the forecast period. The research also analyzes regions including Europe and LAMEA.

According to the report published by Allied Market Research, Global Allergy Diagnostics Market Size Was Valued at USD 5.0 billion in 2021 and it is estimated to surpass around USD 16.7 billion by 2031, with a registered CAGR of 13.2% from 2022 to 2031.

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Top Leading market players of the global allergy diagnostics market analyzed in the research include Alerchek Inc., Danaher Corp, Hitachi chemical Diagnostic Inc., HOB Biotech Group Co. Ltd., Hycor Biomedical Inc., Lincoln Diagnostics Inc., Omega Diagnostic Llc, Siemens Healthcare Diagnostics, Inc., Stallergenes SA, Thermo Fisher Scientific Inc., Thermo Fisher Scientific Inc., Danaher, Omega Diagnostics Group PLC, Eurofins Scientific, bioMérieux SA, HollisterStier Allergy, Minaris Medical America, Inc., ACON Laboratories, Inc., Lincoln Diagnostics, Inc., Neogen Corporation.
Global Allergy Diagnostics Market Segmentation: -

Based on test type, the in vivo segment held the highest share in 2021, accounting for more than half of the global allergy diagnostics market, and is expected to continue its leadership status during the forecast period. However, the in vitro segment is expected to register the highest CAGR of 13.5% from 2022 to 2031.

Based on product & service, the consumables segment accounted for the highest share in 2021, contributing to around half of the global allergy diagnostics market, and is expected to maintain its lead in terms of revenue during the forecast period. Moreover, the same segment is expected to manifest the highest CAGR of 13.6% from 2022 to 2031.

Based on end user, the diagnostic laboratories segment accounted for the highest share in 2021, holding nearly half of the global allergy diagnostics market, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is estimated to grow at the highest CAGR of 13.7% during the forecast period.

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?

By Region

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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