Allergy Diagnostics Market Set to Achieve USD 11.56 billion by 2030, Growing at a Robust 12% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Allergy Diagnostics Market, The Global Allergy Diagnostics Market size was valued at around USD 5.9 billion in 2024 and is projected to reach USD 11.56 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e., 2025-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Allergy Diagnostics Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

Forecast Period: 2025-2030
Market Size in 2024: USD 5.9 billion
CAGR (2025-2030): 12%

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Global Allergy Diagnostics Market Segmentation Breakdown:

By Product
- Diagnostics - Market Size & Forecast 2020-2030F, USD Million
  - Instruments - Market Size & Forecast 2020-2030F, USD Million
  - Consumables - Market Size & Forecast 2020-2030F, USD Million
- Therapeutics - Market Size & Forecast 2020-2030F, USD Million
  - Decongestants - Market Size & Forecast 2020-2030F, USD Million
  - Antihistamines - Market Size & Forecast 2020-2030F, USD Million
  - Leukotriene Inhibitors - Market Size & Forecast 2020-2030F, USD Million
  - Nasal Anti-cholinergic - Market Size & Forecast 2020-2030F, USD Million
  - Epinephrine - Market Size & Forecast 2020-2030F, USD Million
- By Allergy Type
  - Food Allergies - Market Size & Forecast 2020-2030F, USD Million
    - Dairy Product - Market Size & Forecast 2020-2030F, USD Million
    - Poultry Product - Market Size & Forecast 2020-2030F, USD Million
    - Nuts - Market Size & Forecast 2020-2030F, USD Million
    - Shellfish - Market Size & Forecast 2020-2030F, USD Million
    - Others - Market Size & Forecast 2020-2030F, USD Million
  - Seasonal Allergies - Market Size & Forecast 2020-2030F, USD Million
  - Drug Allergies - Market Size & Forecast 2020-2030F, USD Million
    - Augmented (Dose-Related) - Market Size & Forecast 2020-2030F, USD Million
    - Bizarre (Non-Dose-Related) - Market Size & Forecast 2020-2030F, USD Million
    - Chronic (Dose-Related and Time-Related) - Market Size & Forecast 2020-2030F, USD Million
    - Delayed (Time-Related) - Market Size & Forecast 2020-2030F, USD Million
    - End of Use (Withdrawal) - Market Size & Forecast 2020-2030F, USD Million
    - Failure (Failure of Therapy) - Market Size & Forecast 2020-2030F, USD Million
  - Inhalant Allergies - Market Size & Forecast 2020-2030F, USD Million
    - Dust Allergy - Market Size & Forecast 2020-2030F, USD Million
  - Contact Allergies - Market Size & Forecast 2020-2030F, USD Million
    - Insect Sting Allergy - Market Size & Forecast 2020-2030F, USD Million
    - Plant Origin - Market Size & Forecast 2020-2030F, USD Million
  - Others - Market Size & Forecast 2020-2030F, USD Million

In the Global Allergy Diagnostics Market, Inhalant allergies, particularly dust allergies, dominate the market by capturing almost 40% market share.

By Diagnostic Test Type
- In Vivo Tests - Market Size & Forecast 2020-2030F, USD Million
  - Skin Test - Market Size & Forecast 2020-2030F, USD Million
  - Patch Test - Market Size & Forecast 2020-2030F, USD Million
- In Vitro Tests - Market Size & Forecast 2020-2030F, USD Million
  - Blood Test - Market Size & Forecast 2020-2030F, USD Million

The blood test within the in vitro test segment is increasingly becoming the top choice for allergy diagnostics, accounting for more than 65% of the entire market because of its accuracy, safety, and adaptability.

By End-User
- Diagnostic Laboratories - Market Size & Forecast 2020-2030F, USD Million
- Hospitals - Market Size & Forecast 2020-2030F, USD Million
- Academic Research Institutes - Market Size & Forecast 2020-2030F, USD Million
- Others - Market Size & Forecast 2020-2030F, USD Million

Geographical Growth Insights:

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

North America is holding approx. 35% of the Global Allergy Diagnostics Market, because of its high rates of allergic diseases and advanced healthcare centers.

MarkNtel Advisors Highlights Key Market Drivers for Allergy Diagnostics Market:

Increasing Prevalence of Allergies-Related Health Risks – One of the essential factors pushing the expansion of the Global Allergy Diagnostics Market is the rising occurrence of health risks associated with allergies. The prevalence of allergic diseases which includes eczema, food allergies, asthma, and allergic rhinitis is rising globally putting heavy pressure on public health structures. Around 262 million people internationally suffered from asthma in 2019 and allergies are a contributing factor in an increasing number of chronic illnesses. Food allergies are also more common, especially in kids, research indicates that 8% of kids in the U. S. A., have a food allergy.

Advanced diagnostic tools are now more critical because of the increased demand for early diagnosis and efficient remedies. The usage of skin prick assessments, blood assessments, and other allergy diagnostic techniques is growing in recognition to pinpoint triggers and allow individualized remedy regimens. The importance of a unique and prompt diagnosis is similarly underscored by the growing focus on the health risks linked to untreated allergies consisting of intense asthma assaults and anaphylaxis. Key factors supporting the hypersensitive reaction diagnostics market's ongoing boom are the rising focus of the circumstance and its growing impact.

A Comprehensive Analysis of Leading Companies in Global Allergy Diagnostics Market

DASIT Group SPA, Business Description, Product Portfolio, Strategic Alliances or Partnerships, Recent Developments, Financial Details, Others, bioMérieux, R-Biopharm AG, Thermo Fisher Scientific, Inc., ALK, Omega Diagnostics Group PLC, Lincoln Diagnostics, Inc., Allergy Therapeutics, GSK plc, Merck & Co., Inc., HOB Biotech Group Corp. Ltd., Danaher Corporation, Hycor Biomedical Inc., Siemens Healthineers, Hitachi Chemical Co. Ltd., Aravax and Others.

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Global Allergy Diagnostics Industry Recent Development:

November 2024: Melbourne biotech startup Aravax is developing a groundbreaking peptide immunotherapy, PVX108, to treat food allergies. Backed by seed funding from Brandon Capital and the Biomedical Translation Fund, Aravax is advancing toward phase 1 clinical trials, aiming to reduce allergic reactions.
October 2024: ALK launched a new line of allergy skin testing devices, including AllerTest-1™, AllerTest-8™, and AllerTest-10™, designed for more accurate and comfortable testing. These devices, along with allergen trays, aim to improve allergy diagnosis and treatment efficiency.

What are the growth Opportunity driving the Global Allergy Diagnostics Market?

Growth of Digital Health Platforms for Allergy Management – The rise of digital health structures for dealing with allergic reactions gives a tremendous opportunity in the Global Allergy Diagnostics Market. Due to the improved availability of telemedicine, mobile apps, and wearable gadgets, patients can now receive personalized care and track allergy signs in real time. Digital structures permit people to screen their allergies, manage medicinal drugs, or even get virtual consultations with allergists, improving common disease control. AllergyMonitor, MASK-Air, and AllergyPal are the few such application that helps with symptom and medication monitoring.

Moreover, the usage of AI and ML in digital health structures is revolutionizing allergy testing by analyzing data from wearable sensors and domestic testing kits. This method relying on data facilitates the ability to make more precise forecasts about the causes of allergies, enabling patients to modify their lifestyles as needed. For instance, Ambee, platforms that track air quality or pollen levels can offer customized allergy predictions, helping with preventive care. The usage of technology for healthcare is growing in developing countries, where there may be limited availability of healthcare providers. This trend improves patient results and creates new possibilities for diagnoses and therapies, offering a hopeful chance for market expansion.

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key subsegments, benefiting both market leaders and new entrants.

Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.

Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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