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Allergy Diagnostics Market is Anticipated to Grow at a CAGR of 10.9% During 2022-2031 | Danaher, bioMérieux SA, Eurofins Scientific

05-15-2023 09:35 AM CET | Health & Medicine

Press release from: Global Insight Services

Allergy Diagnostics Market is Anticipated to Grow at a CAGR

The allergy diagnostics market was valued at USD 5 billion in 2021 and it is anticipated to grow further up to USD 14.1 billion by 2031 at a CAGR of 10.9% during the forecast period (2022-2031).

An allergy is a hypersensitivity condition of the immune system. Allergic reactions occur when a person's immune system reacts to harmless substances which are named allergens in the environment. Major allergens that affect the immune system are dust mites' excretion, pollen, and pet dander. There are different kinds of allergies such as food allergy, skin allergy, dust allergy, allergy to insect stings, drug allergy, and mold allergy. Food allergy is generally caused by the consumption of certain proteins found in food and may activate symptoms such as hives and digestive problems.

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Market Drivers

Increasing environmental pollution levels

Exposure to indoor and outdoor air pollutants, allergens, and occupational exposure are the major risk factors that cause chronic respiratory diseases. The prevalence of allergic disorders among the urban population is higher than those living in rural areas owing to the high exposure to environmental pollutants in cities. A new WHO air quality model confirms that 92% of the world's population lives in places where air quality levels exceed WHO limits. Some 3 million deaths per year are linked to exposure to outdoor air pollution. Indoor air pollution can be just as deadly. In 2012, an estimated 6.5 million deaths (11.6% of global deaths) were associated with indoor and outdoor air pollution together.

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Use of mHealth in allergy diagnosis

Recent developments in integrated biosensors, wireless communication, and power harvesting techniques generate a new class of point-of-care devices. Conversely, AR is a very common disease. Any diagnostic device connected to a smartphone (e.g., peak nasal inspiratory flow meters or intranasal biosensors) would need to be inexpensive to be affordable.

The monitoring of the control of allergic multimorbidity (rhinitis, conjunctivitis, and asthma) has been approached by various apps. An allergy monitor, for instance, assists in monitoring the symptoms and medication intake, which is then matched to local pollen concentrations.

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By Product & Services

Consumables
Instruments
Immunoassay Analyzers
ELISA Analyzers
Luminometers
Other Instruments
Services

By Allergen

Inhaled Allergens
Food Allergens
Drug Allergens
Others

By Test Type

In Vivo Tests
Skin Prick Tests
Patch Tests
Other In Vivo Tests
In Vitro Tests

By End User

Diagnostics Laboratories
Hospital-based Laboratories
Academic Research Institutes

By Regions

North America
Europe
Asia Pacific
Rest of the World

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Key Companies

Thermo Fisher Scientific Inc.
Siemens Healthineers
Danaher
Omega Diagnostics Group PLC
bioMérieux SA
Romer Labs Division Holding
EUROIMMUN Medizinische Labordiagnostika AG
HollisterStier Allergy
NEOGEN Corporation
Eurofins Scientific
Minaris Medical America, Inc.
Stallergenes Greer
HOB Biotech Group Corp.
HYCOR Biomedical
R-Biopharm AG

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Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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