The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest allergy diagnostics market share.

The global allergy diagnostics market is expected to grow from $5.1 billion in 2022 to $5.66 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The allergy diagnostics market size is expected to grow to $8.52 billion in 2027 at a CAGR of 10.8%.

Major Driver In The Allergy Diagnostics Market ­– Increase In Occurrences Of Allergic Diseases
According to the American College of Allergy, Asthma, and Immunology (ACAAI), asthma and allergy disorders are frequent in all age groups in the United States. Asthma afflicted 24 million individuals in the United States, including over 6 million children. Allergies were the sixth largest cause of disease, costing an estimated $18 million. Every year, more than 50 million Americans suffer from allergies. As a result, the rising prevalence of allergic illnesses will fuel the expansion of the allergic diagnostics market.

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Key Allergy Diagnostics Market Segments
1) By Test Type: In-vivo Allergy Tests, In-vitro Allergy Tests
2) By Allergen: Inhaled Allergens, Food Allergens, Drug Allergens
3) By Products: Consumables, Instruments, Luminometers
4) By End User: Diagnostics Laboratories, Hospital-based Laboratories, Academic and Research Institutes

Recent Allergy Diagnostics Market Trend – Inventing New Testing Methods
A current market trend is the increase in the number of alliances and partnerships among allergy diagnostics companies to design new testing methods or improve existing ones. For example, in August 2022, LifeMD, a telehealth firm based in the United States, announced a strategic alliance between its wholly-owned subsidiary, Cleared, and Allergenis, a predictive data analytics company based in the United States. Cleared’s allergy telehealth expertise and allergenis’ peanut allergy diagnostic blood test will be used in the direct-to-customer channel through the strategic alliance.

Allergy Diagnostics Market Prominent Players
Major players in the allergy diagnostics market are BioMerieux SA, Danaher Corporation, HOB Biotech Group Corp. Ltd., HYCOR Biomedical, Lincoln Diagnostics Inc., Omega Diagnostics Group PLC., Siemens Healthineers AG, Thermo Fischer Scientific Inc., PerkinElmer Inc. (Euroimmun AG), R-Biopharm AG, Alcon Laboratories, Inc., Abbott Laboratories, HollisterStier Allergy, NEOGEN Corporation, AESKU.GROUP GmbH, ACON Laboratories, Erba Group, and Astra Biotech GmbH.

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The Allergy Diagnostics Global Market Report 2023  provides a comprehensive overview on the allergy diagnostics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the allergy diagnostics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

An allergy is an immune system reaction to an allergen that is not ordinarily harmful to the human body. Allergens are chemicals that are foreign to the body and induce allergic reactions. Peanuts, milk, eggs, and wheat are examples of allergens, as are pollen and pet dander.Allergy diagnostics is a method performed by a skilled allergy specialist to determine whether or not the body is allergic to a specific substance.

View More Related Reports –
Allergy Conjunctivitis Global Market Report 2023
Allergy Immunotherapy Global Market Report 2023
In Vitro Diagnostics Global Market Report 2023

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