Global Allergy Diagnostics Market Insights and Forecast to 2028

Allergy Diagnostics Market Statistics 2028

The global Allergy Diagnostics market size is projected to reach US$ 5510 million by 2028, from US$ 3563.9 million in 2021, at a CAGR of 6.0% during 2022-2028.

Key drivers of the allergy diagnostics market include the growing prevalence of allergy diseases due to environmental pollution.  The rising cases of food allergens especially in developed countries will accelerate the growth of the allergy diagnostics market in the coming years. The increasing skin issues due to allergic reactions to cosmetic brands will provide immense potential for growth in the upcoming years. Technological advancements and mutual agreements will fuel the market growth during the forecast period. However, the high costs of allergy diagnostic tests will restrict the market during the review period.

Allergy Diagnostics Market Trends

Exposure to environmental pathogens

Increasing air pollution and excess release of harmful gases such as nitrogen dioxide, particulate matter from traffic and industrial activities have increased the occurrence of several respiratory diseases. In addition to it, ozone layer depletion has exacerbated the problem. Asthma, rhinitis, and other allergic problems are on a rise. This will provide the scope for the growth of the allergy diagnostics market during the review period. 

Food allergic issues

Global food-allergic cases have risen steadily in the last couple of years. People especially in developed economies are allergic to a huge number of foods such as peanuts, milk, soy, etc. One of the reasons hypothesized by scientists could be early exposure to antibiotics which has reduced healthy bacteria count thereby compromising our gut health. Several other factors play a key role such as genetic, environmental, and dietary structures. This in turn will bolster the growth of the allergy diagnostics market in the subsequent years.

Skin allergy reactions

Cosmetic and skincare products such as soap, shampoo, or cologne can infuse allergic reactions from simple rashes to full-blown skin diseases. This includes redness, swelling, itching, burns, blister formation, dermatitis, etc. The use of preservatives such as parabens also contributes to this increasing problem. Hence there is a need for diagnostic kits such as patch tests for determining skin reaction issues. These factors will drive the growth of the allergy diagnostics market. 

Rapid technological innovations

Key players are developing novel ways of testing allergen molecules. The use of biosensors, nanotechnology leads to rapid detection and fast delivery of test results through mobile devices. The in vitro IgE testing uses purified allergen molecules for delivering high throughput diagnostic results directly at the point of care. These ongoing innovative products will fuel the demand for the allergy diagnostics market during the review period. Moreover, reagent rental agreements are signed between end-users such as hospitals, clinics, and allergy diagnostic manufacturers. Products are purchased at lower rates and producers are assured of continued sales over a longer period of time. 

Huge costs for small players

Issues related to the costs of diagnostic kits and testing devices are recurring amongst small laboratories. Then there are complications related to quality control and proper measurement of blood sampling. This in turn will hamper the growth of the allergy diagnostics market during the review period. 

Allergy Diagnostics Market Share Analysis

Based on region, North America will grow the highest in the allergy diagnostics market share due to rising cases of allergies and healthcare reimbursement facilities. 

Based on type, kit or assay kits are expected to maintain dominance in the allergy diagnostics market share due to easy availability, less costs, and largescale consumption. 

Segment by Type

• Kit
• Instrument

Segment by Application

• food allergy
• Skin sensibility
• Childhood allergy
• Other

BY COMPANY

• bioMerieux
• Thermo Fisher Scientific
• Danaher Corporation
• Omega Diagnostics
• Hitachi Chemical Diagnostics
• Stallergenes Greer
• Siemens Healthcare
• Lincoln Diagnostics
• Hycor Biomedical
• HOB Biotech Group
• Alcon Laboratories

BY REGION

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Scope of the Allergy Diagnostics Market Report