Allergy Diagnostics Market Size (2024 - 2029)

The Allergy Diagnostics Market is projected to experience substantial growth over the forecast period, driven by an increase in allergy cases and advancements in diagnostic technologies. The market's expansion is influenced by the rising prevalence of allergic diseases, such as hives, atopic dermatitis, and food allergies, which boost the demand for diagnostic services. Additionally, companies are focusing on research and development to create innovative diagnostic products, addressing unmet medical needs and further contributing to market growth. Despite these positive trends, challenges such as a lack of awareness and affordability issues may hinder the market's expansion.

Market Size of Allergy Diagnostics Industry

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Allergy Diagnostics Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 5.70 Billion
Market Size (2029) USD 9.80 Billion
CAGR (2024 - 2029) 11.20 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Allergy Diagnostics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Allergy Skin Test Market Analysis

The Allergy Diagnostics Market size is estimated at USD 5.70 billion in 2024, and is expected to reach USD 9.80 billion by 2029, growing at a CAGR of 11.20% during the forecast period (2024-2029).

  • The pandemic significantly impacted the growth of the allergic diagnostics market since several clinics that perform allergy diagnostic tests had to shut down temporarily due to the lockdown restrictions. For instance, according to an article published by the Clinical and Translational Allergy in January 2022, the pandemic had an impact on medical professionals who treated allergic patients in terms of diagnostic, management, and treatment techniques, including allergen immunotherapy (AIT) for food, insect venom, and respiratory allergies. Moreover, most allergy/immunology care was delayed or postponed or handled through virtual care.
  • For patients with asthma of a certain severity, there was a limited provision for face-to-face visits under critical conditions. Such factors have impacted the market growth during the pandemic. However, as the pandemic restrictions are eased, the studied market is expected to witness significant growth in the coming years due to the increase in allergy cases and rapid technological advancements in allergy diagnostics.
  • Certain factors that are propelling the market growth are increasing incidences of allergic diseases and environmental pollution. The rising incidences of allergic diseases such as hives, atopic dermatitis, allergic conjunctivitis, and various food allergies are expected to increase market growth. For instance, as per the January 2023 update by CDC, nearly 1 in 3 United States adults and more than 1 in 4 United States children reported having a seasonal allergy, eczema, or food allergy in 2021, according to new data from CDC’s National Center for Health Statistics. Almost 6% of US adults and children had a food allergy, with Black, non-Hispanic adults and children one of the most likely to report this type of allergy. Also, approximately 25.7% of adults had a seasonal allergy, 7.3% had eczema, and 6.2% had a food allergy. Thus, a high prevalence of allergy cases is likely to increase the demand for allergy diagnostics, thereby boosting market growth.
  • Furthermore, the increasing focus of the companies on research and development activities to develop novel diagnostic products, tests, or kits to cater to high unmet medical needs is highly impacting the market’s growth. For instance, in May 2022, Amulet, a manufacturer of the smallest, fastest, and sleekest molecular detection technology, launched Allergy Amulet, a consumer brand with a signature wearable that alerts people to allergens in their food, and Amulet Scientific, a commercial brand that equips industry with a detection platform for identifying a range of molecular targets, including food toxins and environmental contaminants.
  • Similarly, in October 2022, Scottish tech startup LiberEat secured USD 0.26 million (GBP 209 thousand) in grant funding from Innovate UK to accelerate the development of the Aberdeen-based firm’s allergen platform and further advance its machine learning capabilities.
  • Thus, owing to the increase in the prevalence of allergy cases and the rise in investment as well as product launches for allergy detection, the studied market is expected to witness significant growth over the forecast period. However, the lack of awareness about allergic diseases and the affordability of allergy diagnostics are likely to impede the market growth over the forecast period.

Allergy Skin Test Industry Segmentation

Allergy diagnostics are processes performed in clinical conditions in which a harmless external agent is suspected to have a pathological effect on a human being, thus causing discomfort. The diagnostic procedure for allergies depends on the type of allergens and the mode of transmission. 

The allergy diagnostics market is segmented by allergens (inhaled allergens, food allergens, and other allergens), products (instruments, consumables, and luminometers), end users (diagnostic laboratories, hospitals, other end users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. 

The report offers the value (in USD) for the above segments.

By Allergen
Inhaled Allergens
Food Allergens
Other Allergens
By Product
Instruments
Consumables
Luminometers
By End-User
Diagnostic Laboratories
Hospitals
Other End-Users
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Allergy Diagnostics Market Size Summary

The allergy diagnostics market is poised for significant growth over the forecast period, driven by an increase in allergy cases and rapid technological advancements in diagnostic methods. The market experienced a temporary setback during the pandemic due to clinic closures and a shift to virtual care, but is expected to rebound as restrictions ease. Factors such as the rising incidence of allergic diseases, environmental pollution, and the growing prevalence of conditions like asthma and allergic rhinitis are propelling market expansion. The inhaled allergens segment, in particular, is anticipated to see substantial growth due to the increasing demand for allergy testing and the prevalence of respiratory allergies globally. The market is also witnessing a surge in research and development activities, with companies focusing on developing novel diagnostic products to meet unmet medical needs.

North America is expected to experience robust growth in the allergy diagnostics market, supported by the rising incidence of allergic diseases, increased healthcare spending, and strategic initiatives by key industry players. The region's market growth is further bolstered by the approval of new diagnostic tests and collaborations aimed at enhancing patient monitoring and care. The market is moderately fragmented, with major players like BioMerieux SA, Thermo Fischer Scientific Inc, and Danaher Corporation actively engaging in partnerships and product launches to strengthen their market position. Despite challenges such as lack of awareness and affordability issues, the market is set to grow significantly, driven by the increasing demand for effective allergy diagnostics and the strategic efforts of leading companies.

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Allergy Diagnostics Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Incidences of Allergic Diseases

      2. 1.2.2 Environmental Pollution

    3. 1.3 Market Restraints

      1. 1.3.1 Lack of Awareness About Allergic Diseases

      2. 1.3.2 Affordability of Allergy Diagnostics

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value in USD)

    1. 2.1 By Allergen

      1. 2.1.1 Inhaled Allergens

      2. 2.1.2 Food Allergens

      3. 2.1.3 Other Allergens

    2. 2.2 By Product

      1. 2.2.1 Instruments

      2. 2.2.2 Consumables

      3. 2.2.3 Luminometers

    3. 2.3 By End-User

      1. 2.3.1 Diagnostic Laboratories

      2. 2.3.2 Hospitals

      3. 2.3.3 Other End-Users

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Allergy Diagnostics Market Size FAQs

The Allergy Diagnostics Market size is expected to reach USD 5.70 billion in 2024 and grow at a CAGR of 11.20% to reach USD 9.80 billion by 2029.

In 2024, the Allergy Diagnostics Market size is expected to reach USD 5.70 billion.

Allergy Diagnostics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)