Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Introduction Report Description The Global Allergy Diagnostics Marketwas sized near USD 2.61 billion in 2016. The global allergy diagnostics market is projected to grow with a CAGR of 12.4% during 2017-2023. An allergy is a hypersensitivity disorder of the human immune system. Allergen reactions come about when a person’s immune system reacts to harmless substances called allergens in the environment. Key allergens that disturb the human immune system are dust mites excretion, pollen and pet dander. The different kinds of allergies are categorized as food allergy, skin allergy and dust allergy, allergy to insect stings, drug allergy, and mold allergy. Allergy diagnostic includes testing of skin, prick or blood testing, and is a method of for determining to what substances a person is allergic. Moreover, this market comprises numerous products that are used by diagnostic laboratories, hospitals, academic institutes, and allergists to detect various allergies. This report estimates the market size of allergy diagnostics market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for allergy diagnostics market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global allergy diagnostics market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of allergy diagnostics market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region.
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of allergy diagnostics market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global allergy diagnostics market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. ALLERGY DIAGNOSTICS MARKET SEGMENTATION ALLERGY DIAGNOSTICS MARKET
Allergen Type
Inhaled allergen Food allergen Drug Allergen Other
End User
Product Type Assay kits Instruments Services
Hospitals Laboratories Academics Others
Region
NORTH AMERICA EUROPE ASIA PACIFIC ROW
The report on global allergy diagnostics market covers segments such as allergen type, product type, end users and by regions. Market segmentation based on the product includes assay kits, instruments and services. By type of allergen segment comprises food allergen, inhaled allergen, drug allergen and other allergen. Diagnostic laboratories, hospitals, academic research institutes, and other are the major end users of this market.
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Research Methodology Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the allergy diagnostics market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Research Approaches BOTTOM-UP APPROACH
Arriving at Global Market Size
Accumulation of the country level market size (value) Regional market size of allergy diagnostics and its allergen type, product type, end user
Market Share of Key Players
Segment revenue of the key players Country level market size by allergen type, product type, end user (value)
Identifying key players in the allergy diagnostics market
Accumulation of the regional/country market size (value) Global market size of allergen type, product type, end user
Key Market Players
Arriving at Regional/Country Market Size
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Global market size of allergy diagnostics market Value for 2017 to 2023
% breakdown by market segments by allergen type, product type, end user Value for 2017 and 2023
Determine the Regional Market Size
Country Level Market Sizing
Regional market size of the allergy diagnostics market (value) Regional market size of allergen type, product type, end user Country level market size of the allergy diagnostics market in every region (value) Country level market size of allergen type, product type, end user in every region
TOP-DOWN APPROACH © Infinium Global Research
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The study on global allergy diagnostics market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global allergy diagnostics market. The estimates in the global allergy diagnostics market are based on both bottom-up and topdown approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of allergy diagnostics market. In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the allergen type, product type and end user.
IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES
Infinium's Data Bank/ Know How
Top executives of end-use industries Intermediaries
C-level executives in the leading manufacturing products of allergy diagnostics. Product managers Sales managers Industry consultants Distributors/Suppliers
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Industry Publications Government Agencies' Publications Industry news Data sources
Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases
Secondary Research
DATA TRIANGULATION & INFORMATION SOURCES
Company Publication
Supply Side
Primary Research
General Publications
Demand Side
PRIMARY SOURCES
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
The market size of allergy diagnostics is determined based on the top down approach. The market size is validated using primary interview with the participants working in some of the leading players in the allergy diagnostics market. The primary interview participants typically includes managers and CXO level executives of theleading players in this market. The primary interviews not only help identify the market size of the allergy diagnostics market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the allergy diagnostics market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottom-up approach is used to validate the global market size of allergy diagnostics. With the help of primary interviews and secondary research the market size of allergy diagnostics is determined for each country studied, which then is added to arrive at regional market size and thereby obtaining global market size. This in turn helps us to validate the market size of allergy diagnosticsin the world market.
Executive Summary Global Allergy Diagnostics Market Highlights, (USD Million) The global allergy diagnostics market is expected to grow at a CAGR of 12.4 % between 2017 and 2023 in terms of value. The global Allergy Diagnostics market is driven by the factors such as rising demand for biosimilar drugs owing to their cost effectiveness, patent expiration of biologics, and prevalence of chronic diseases among geriatric population. However, unfavorable government regulations in developed economies and high cost associated with manufacturing process are likely to act as a primary restraining factors affecting the global Allergy Diagnostics market over the forecast period. Moreover, emerging markets owing to relaxed regulations are expected to provide more opportunities for the manufacturers of biosimilar drugs. Š Infinium Global Research
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Asia - Pacific dominates the world Allergy Diagnostics market in terms of dollar share, while North America is anticipated to grow at the highest CAGR over the forecast period. The leading players in the global allergy diagnostics market include Thermo Fischer Scientific, Inc., Quest Diagnostics, Inc., BioMerieux SA, Omega Diagnostics Group Plc., Siemens Healthineers, Lincoln Diagnostics, Inc., Hitachi Chemical Diagnostics, Inc., Stallergenesgreer plc, Hycor Biomedical Inc. andHob Biotech Group Co. Ltd.
Global Allergy Diagnostics Market Projection GLOBAL ALLERGY DIAGNOSTICS MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Allergy diagnostics market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due to stringent Government regulations and policies and high cost of investment. The global market size of allergy diagnostics in terms of value was USD 2.61billion in 2016. Get Free Sample Pages of This Premium Report: https://www.infiniumglobalresearch.com/reports/sample-request/6
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Global Allergy Diagnostics Market CAGR (USD Mn) Growth, By Regions GLOBAL ALLERGY DIAGNOSTICS MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)
xxx.x xxx.x
2017
2023
xxx.x
xxx.x xxx.x
xxx.x
2017
2023
2017
2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global allergy diagnostics market. It covers analysis of short term and long term impact of drivers and restraints. Through this analysis both short term and long term opportunities are identified. These opportunities present the investment options and new markets for the market players in the allergy diagnostics market. Drivers refer to the factors that are expected to drive or boost the market size or demand for allergy diagnostics. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the market conditions for growth of allergy diagnostics market both in short run and DRIVERS OF ALLERGY DIAGNOSTICS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF ALLERGY DIAGNOSTICS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
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LOW
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size.
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
High North America
Europe
Asia-Pacific
RoW
GLOBAL ALLERGY DIAGNOSTICS MARKET BY ALLERGEN TYPE, 2016 - 2023 (REVENUE % SHARE) 2016
2023
Inhaled allergen
Food allergen
Drug Allergen
Other
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL ALLERGY DIAGNOSTICS MARKET BY ALLERGEN TYPE, 2015 - 2023 (USD MILLION)
2015
2016 Inhaled allergen
2017 Food allergen
Drug Allergen
2023
Other
GLOBALINHALED ALLERGEN MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBALFOOD ALLERGEN MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBALDRUG ALLERGEN MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
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2017 Europe
Asia-Pacific
2023
RoW
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL OTHERS ALLERGEN MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
GLOBAL ALLERGY DIAGNOSTICS MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
GLOBAL ALLERGY DIAGNOSTICS MARKET BY REGION, 2015 - 2023 (USD MILLION)
2015
2016 North America
2017 Europe
Asia-Pacific
2023
RoW
North AmericaAllergy Diagnostics Market North AmericaAllergy Diagnostics Market, by Allergen Type NORTH AMERICAALLERGY DIAGNOSTICS MARKET BY ALLERGEN TYPE, 2015 - 2023 (USD MILLION)
2015
2016 Inhaled allergen
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2017 Food allergen
Drug Allergen
2023
Other
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Allergy Diagnostics Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
Company Profiling Thermo Fischer Scientific, Inc. Company Snapshot
Thermo Fischer Scientific, Inc. CONTACT DETAILS: Address: 168 Third Avenue Waltham, MA 02451 United States Tele: 781-622-1000 Website: www.thermofisher.com
KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS Sample text Sample text
OPPORTUNITIES Sample text Sample text
WEAKNESS Sample text Sample text
THREATS Sample text Sample text
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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