Allergy Diagnostics Market Projected to Show Strong Growth by 2024 | Thermo Fisher Scientific Inc.

The Global Allergy Diagnostics Market accounted to USD 2.80 billion in 2016 growing at a CAGR of 11.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Some of the leading key players profiled in this study: Thermo Fisher Scientific Inc., Siemens AG, Danaher, Omega Diagnostics Group PLC, Hitachi Chemical Co., Ltd., bioMérieux SA, Stallergenes Greer, HOB Biotech Group Suzhou Co., Ltd., HYCOR Biomedical, Lincoln Diagnostics, Inc., EUROIMMUN AG, INDOOR Biotechnologies, Inc., R-Biopharm AG, GA Generic Assays GmbH, Tecan Trading AG, ROXALL Medical GmbH, ALK-Abelló A/S, Angsana Molecular & Diagnostics Laboratory Pte Ltd., Allergy Therapeutics, HAL Allergy Group among others.

Market Definition: Global Allergy Diagnostics Market

An allergy is a hypersensitivity ailment of the immune system. Allergic reactions happen when a person’s immune system responds to mild substances known as allergens in the environment. Allergy diagnostics includes products and tests focusing on the determination of the existence of allergens which includes peanuts, weed, grass, milk, or drugs etc. in the testers by examining the presence of antibodies developed by the immune system.

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Market Segmentation: Global Allergy Diagnostics Market

• By allergen the global allergy diagnostics market is segmented into food allergens, inhaled allergens, drug allergens, and other allergens.
• On the basis of product the global allergy diagnostics market is segmented into consumables, assay kits, and instruments.
• On the basis of test the global allergy diagnostics market is segmented into in-vivo tests and in-vitro tests.
• On the basis of end-user the global allergy diagnostics market is segmented into diagnostic laboratories, hospitals, academic research institutes, and others.
• On the basis of geography, global allergy diagnostics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.

Major Market Drivers and Restraints:

• Growing Environmental Pollution
• Elderly Population
• Rising Healthcare Expenditure
• Disorders Due To Lifestyle Changes
• Growth in the Number of Reagent Rental Agreements
• Developing Economies Across Asia and RoW

Competitive Analysis: Global Allergy Diagnostics Market

The global allergy diagnostics market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of allergy diagnostics market for global, Europe, North America, Asia Pacific and South America.

Key insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

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