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Rising Prevalence of Allergies Boosting Growth of Global Allergy Diagnostics Market (2022 - 2030)

02-08-2023 11:54 AM CET | Health & Medicine

Press release from: Absolute Markets Insights

Rising Prevalence of Allergies Boosting Growth of Global

Allergy is a common health issue that affects millions of people worldwide, leading to symptoms such as runny nose, itching, and breathing difficulties. As the prevalence of allergies continues to increase, there has been a corresponding increase in demand for effective diagnostic solutions. The allergy diagnostics market refers to the various tools, technologies, and services used to diagnose allergies, including skin tests, blood tests, and molecular allergy tests.

In terms of revenue, global allergy diagnostics market was valued at US$ 4.9 Bn in 2021 growing at a CAGR of 11.8% over the forecast period (2022 - 2030).

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Several factors are driving growth in the allergy diagnostics market, including the increasing incidence of allergies, improved healthcare infrastructure in developing countries, and technological advancements in diagnostic solutions. Additionally, rising consumer awareness of the availability and benefits of allergy tests is also contributing to market growth.

Market Trends:

Rapid growth of the molecular allergy testing segment: The molecular allergy testing segment is growing rapidly, driven by its ability to provide accurate results with higher sensitivity and specificity compared to traditional diagnostic methods.

Growing popularity of at-home allergy tests: At-home allergy tests, which are convenient and easy to use, are gaining popularity, especially among consumers in developed countries.

Increase in the use of electronic health records (EHRs): With the increasing use of electronic health records, allergy test results are becoming more readily available, making it easier for healthcare providers to access and use allergy test results in patient care.

In conclusion, the global allergy diagnostics market is expected to experience strong growth in the coming years, driven by factors such as the increasing prevalence of allergies and technological advancements in diagnostic solutions. As the market continues to evolve, it is likely that new and innovative solutions will emerge, providing consumers with even more effective and efficient methods of diagnosing allergies.

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Major Market Players Profiled in the Allergy Diagnostics Market Report include:
Astra Biotech GmbH
bioMérieux India Private Limited
Eurofins Scientific
Hitachi Chemical Co., Ltd
HYCOR Biomedical
Lincoln Diagnostics, Inc.
Minaris Medical America, Inc.
Omega Diagnostics Group PLC
R-Biopharm AG
Siemens Healthcare Private Limited
Stallergenes Greer
Other Industry Participants

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Why the Allergy Diagnostics Market Report is Beneficial?
The report is compiled with a thorough and dynamic research methodology.
The report offers a complete picture of the competitive scenario of the Allergy Diagnostics market.
It comprises vast amount of information about the latest technology and product developments in the industry.
The extensive range of analysis associates with the impact of these improvements on the future of Allergy Diagnostics industry growth.
The report has combined the required essential historical data and analysis in the comprehensive research report.
The insights in the report can be easily understood and contains a graphical representation of the figures in the form of bar graphs, statistics and pie charts, etc.
This report can be customized to meet the client's requirements. Please connect with our sales team, who will ensure that you get a report that suits your needs.

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Global Allergy Diagnostics Market:

By Products
Consumables
Assay Kits
Instruments

By Test
In Vivo Tests
In Vitro Tests

By Allergen
Inhaled Allergens
Food Allergens
Drug Allergens
Others

By End User
Diagnostic Laboratories
Hospital and Clinics
Academic Research Institutes
Others

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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We appreciate your reading the article in its entirety. If you would like to know more about the Allergy Diagnostics market, looking for customization, contact us. To achieve a full market reach of Allergy Diagnostics, or explore more about opportunities reach our research analyst. Our team is available 24/7 to assist and support our customers through reliable research.

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Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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