Press release
Allergy Skin Test Market is Expected to Grow at a CAGR over 8.2% from 2017 to 2023
An allergy is a reaction of immune system to various substances. Most of the people are sensitive to pollen, grass, weeds, dust mites, mold spores, pet dander, food, insect stings and medicines. Allergic conditions such as asthma, allergic rhinitis, anaphylaxis results in various symptoms such as a runny nose, sneezing, itching, rashes, swelling, or asthma. Among these anaphylaxis is a severe reaction that can be life-threatening. Allergies can be diagnosed by a skin test or a blood test. Common treatment options for allergies are avoiding allergic substances, medicines, and allergy shots.Rising prevalence of allergies such as allergic asthma, allergy rhinitis, and allergic conjunctivitis, growing geriatric population with weakened immune system, and increasing environmental pollution drives the market growth. Demand for diagnostic services for various types of allergies further fuel market growth. Furthermore, increasing number of allergy testing in diagnostic centers, hospitals and clinics fuel the market growth.
The global allergy skin test market is expected to grow at a CAGR of 8.2% during the forecast period.
Taste the market data and market information presented through more than 120 market data tables and figures spread over 200 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Allergy skin test market research report–Global forecast till 2023.”
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Major Players in Allergy Skin Test Market:
Some of the key players in the global market are Thermo Fischer Scientific (U.S.), Arlington Scientific, Inc. (U.S.), Cell Science Systems (U.S.), Quest Diagnostics Incorporated (U.S.), Lincoln Diagnostics, Inc. (U.S.), HollisterStier Allergy (U.S.) and Novartis Global (Switzerland).
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.
Segmentation
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.
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America holds the second position in the market for allergy skin test, owing to the rising prevalence of various types of allergies in the U.S. According to the American College of Allergy Asthma and Immunology, allergic asthma, food allergy, and eczema are the most common types of allergies found in the U.S. It further stated that one in every twelve people is suffering from allergic rhinitis in the U.S.
The market in Asia Pacific is expected to grow at the fastest pace and is driven by high prevalence of allergic asthma which is a direct consequence of the increasing environmental pollution, and rising geriatric population. Weakening immune system and prevalence of asthma are major reasons acting as risk factors for allergies in the elderly population.
The Middle East & Africa also show a steady rise in the market owing to high prevalence of chronic respiratory diseases like asthma, and improving healthcare infrastructure.
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LIST OF TABLES
Table 1 Allergy Skin Test Industry Synopsis, 2017-2023
Table 2 Global Allergy Skin Test Market Estimates And Forecast, 2017-2023, (USD Million)
Table 3 Global Allergy Skin Test Market By Region, 2017-2023, (USD Million)
Table 4 Global Allergy Skin Test Market By Types, 2017-2023, (USD Million)
Table 5 Global Allergy Skin Test Market By Indication, 2017-2023, (USD Million)
Table 6 Global Allergy Skin Test Market By End Users, 2017-2023, (USD Million)
Table 7 North America Allergy Skin Test Market By Types, 2017-2023, (USD Million)
Table 8 North America Allergy Skin Test Market By Indication, 2017-2023, (USD Million)
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