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23-Jan-2020

Global Allergy Diagnostics Market In Depth Research and Forecast to 2025 Revenue, Size and Share Analysis by Types of Diagnosis, Patients, Technologies, Regions and Key Players Profiles

Global Allergy Diagnostics Market Insights, Forecast to 2025 Report presents the worldwide Allergy Diagnostics Market analysis with in depth study of manufacturers, region, type and application and its future scope in the industry till 2025.

The Global Allergy Diagnostics Market was valued at USD 2.43 billion in 2016 and is projected to reach USD 5.63billion by 2025, growing at a CAGR of 9.78% from 2017 to 2025.

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Effective management of allergic diseases relies on the ability to make an accurate diagnosis. Allergy testing can help confirm or rule out allergies. Correct diagnosis, counseling, and avoidance advice based on valid allergy test results reduces the incidence of symptoms and need for medications, and improves quality of life. With increasing environmental population and large effect of epigenetic factors affecting health of population, the need of correct and efficient allergy diagnostics has increased. The market is currently in a growing trend.

Competitive Landscape:
The major players in the market are as follows:
1. Thermo Fisher Scientific Inc.
2. Siemens AG
3. Danaher Corporation
4. Omega Diagnostics Group PLC
5. Hitachi Chemical Co., Ltd.
6. Biomérieux SA
7. Stallergenes Greer
8. Hob Biotech Group Suzhou Co., Ltd.
9. Hycor Biomedical, Inc.
10. Lincoln Diagnostics, Inc.
11. R-Biopharm AG

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Market Dynamics:
1. Market Drivers
1.1 Increased Cases of allergic diseases and high expenses
1.2 Rising pollution and lifestyle changes
1.3 Increasing expenditure in healthcare
1.4 Allergy diagnosis insurance more easy to access in the US

2. Market Restraints
2.1 Medical equipment is high costed
2.2 Less awareness regarding allergic diseases

Market Segmentation:
1. Global Allergy Diagnostics Market, by Products and services:
1.1 Product
1.1.1 Assay Kits
1.1.2 Instruments
1.1.2.1 Immunoassay Analyzers
1.1.2.2 Luminometers
1.1.2.3 Elisa Analyzers
1.1.2.4 Other Instruments
1.2 Services

2. Global Allergy Diagnostics Market, by Allergen:
2.1 Inhaled Allergens
2.2 Food Allergens
2.3 Drug Allergens
2.4 Other Allergens

3. Global Allergy Diagnostics Market, by Test:
3.1 In vivo
3.2 In vitro

4. Global Allergy Diagnostics Market, by End User:
4.1 Diagnostic Laboratories
4.2 Hospital-Based Laboratories
4.3 Academic Research Institutes
4.4 Other End Users

5. Global Allergy Diagnostics Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Last Updated: 23-Jan-2020