The global allergy diagnostic market is projected to grow at a CAGR of 11% during 2019 to 2024. The growth of allergy diagnostic market is driven by rising environmental pollution levels, growing incidences of allergic reactions, increasing healthcare expenditure, and increasing access for allergy diagnosis medical insurance.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global allergy
diagnostic market by product & service (assay kits, instruments, and
services), test type (in vivo tests and in vitro tests), allergen (inhaled
allergens, food allergens, drug allergens, and other allergens), end user
(diagnostics laboratories, hospital-based laboratories, academic and research
institutes, and other end users), and region (North America, Europe,
Asia-Pacific, and ROW)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the allergy diagnostic market?
Q.4 What are some
changing demands of customers in the allergy diagnostic market?
Q.5 What are the new
developments in the allergy diagnostic market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this allergy diagnostic area and how big
of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this allergy diagnostic market?
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Market Segmentation:
Based on product & service, the allergy diagnostic market is segmented into assay kits, instruments, and services. The assay kits segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the allergy diagnostic market.
North America will remain the largest region over the forecast period due to
high awareness about allergy diagnostic test among individuals, better
regulatory guidelines which mandate allergic testing in all cases of intensive
and emergency care, and better healthcare infrastructure to deal with patient’s
allergic situations.
Key Players in the
allergy diagnostic market are Thermo Fisher Scientific, Siemens, Danaher, Omega
Diagnostics Group, Hitachi Chemical Co., Biomérieux, Stallergenes Greer, Hob
Biotech Group Suzhou Co., Hycor Biomedical, Lincoln Diagnostics, and R-Biopharm.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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https://www.lucintel.com/allergy-diagnostic-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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