Allergy Diagnostics Market Rising at 12.4% CAGR to Register $US 5.34Bn by 2021

The allergy diagnostics market is soaring to hit USD 5.34 billion by 2021 from USD 2.98 billion in 2016, at a expected growing CAGR of 12.4% dominated by North America driven by the rising aging population and benefits for youth in health insurance.

The global allergy diagnostics market consists of various products that are used by diagnostic laboratories, hospitals, academic institutes, and allergists. High incidence and large economic burden of allergic diseases has led to wide application of allergy diagnostics products such as assay kits, instruments, and consumables, thus driving their market growth.

Complete report on Allergy Diagnostics Market spread across 168 pages, Profiling 11 Companies and supported with 140 Tables and 34 Figures is now available at .

Geographically, allergy diagnostics market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Growth in North American region is primarily driven by the rising aging population and benefits for youth in health insurance.

Target Audience for this Report:

• Allergy Diagnostics Instrument Manufacturers and Suppliers
• Academic Research Institutes
• Diagnostic Laboratories
• Research and Development (R&D) Companies
• Business Research And Consulting Service Providers
• Medical Research Laboratories
• Academic Medical Centers and Universities

The major factors contributing to growth of allergy diagnostics market include increasing incidences of allergic diseases, rising environmental pollution, increasing healthcare expenditure, and increase in access to medical insurance in U.S. On other hand, stringent regulatory policies for validation of medical devices & highly consolidated market which creates an obstacle for entry of small players are the major factors restraining the growth of this market.

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End users included in allergy diagnostics market are diagnostic laboratories, hospitals, academic research institutes, and other end users. Diagnostic laboratories segment is expected to account for largest share of global market in 2016. Rise in healthcare spending has resulted in increasing use of allergy diagnostic products in diagnostic laboratories.

Major players in allergy diagnostics market are bioMérieux SA (France), Danaher Corporation (U.S.), Hitachi Chemical Diagnostics, Inc. (Japan), Siemens AG (Germany), Thermo Fisher Scientific, Inc. (U.S.), Stallergenes Greer (France), HOB Biotech Group Co., Ltd (China), HYCOR Biomedical (U.S.), Lincoln Diagnostics, Inc. (U.S.), and Omega Diagnostics Group PLC (U.K.).

Click now for more Details, Quiries and Discount and Order on this study “Allergy Diagnostics Market by Product (Assay Kits, Instruments (Immunoassay Analyzer, Luminometer), Consumables, Services), Allergen (Food, Inhaled, Drug), Tests (In Vivo, In Vitro), End User (Hospital, Diagnostic Laboratory) - Forecast to 2021” report @ .

This report aims to provide insights into the global allergy diagnostics market. It provides valuable information on the product, allergen, test, end user, and regional segments of market. Leading players in market are profiled to study their product offerings and understand strategies undertaken by them to remain competitive in this market.

The above-mentioned information would benefit buyer by helping them understand the market dynamics. In addition, the forecasts provided in report will enable firms to understand the trends in this market and better position themselves to capitalize the growth opportunities.

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Release ID: 133957