Allergy Diagnostics Market Hit to $1,228.58 Million in 2014 - New Report by MarketsandMarkets

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The Americas are expected to account for the largest share of the global allergy diagnostics market in 2014. http://www.marketsandmarkets.com/Market-Reports/allergy-diagnostics-market-232871701.html

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MarketsandMarkets

HOB Biotech Group (China), Hycor Biomedical (U.S.), Lincoln Diagnostics (U.S.), Omega Diagnostics (U.K.), Siemens Healthcare (Germany), Stallergenes (France), and Thermo Fisher Scientific (U.S)

Increasing global incidence of allergic diseases, rising environmental pollution, and rapidly increasing global population of children aged 14 years and below (who are more susceptible to allergic diseases) are important growth drivers for the global market. The report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global allergy diagnostics market along with the estimates and forecasts of the revenue and market share analysis.

Browse 105 market data tables and 73 figures spread through 210 pages and in-depth Table of Content.
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The global allergy diagnostics market is valued at $1,228.58 million in 2014. This market is expected to grow at a CAGR of 12.67% to reach $2,230.72 million in 2019.

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The global allergy diagnostics market is segmented on the basis of allergen, end user, product, and geography. By allergen, the market is divided into food allergens, inhaled allergens, and other allergens. Of these, the inhaled allergens segment accounted for the largest share of the global allergy diagnostics market in 2014. The end-user segments included in this report are academic research institutes, diagnostics laboratories, hospitals, and other end users.

The instruments product segment is further sub segmented into immunoassay analyzers, luminometers, and other instruments. Of these, the immunoassay analyzers sub segment is expected to hold the largest share of the global allergy diagnostic instruments market in 2014, and is poised to grow at the highest CAGR between 2014 and 2019.

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The geographic segments included in this report are Asia, Europe, North America, and the Rest of the World (RoW). The Asian segment is further divided into China, India, Japan, and the Rest of Asia. Europe is divided into France, Germany, Italy, Spain, the U.K., and the Rest of Europe. North America includes Canada and the U.S. The RoW encompasses Africa; Pacific and Oceania; and South America, Central America, and the Caribbean.

Rapidly increasing incidence of allergic diseases and rising environmental pollution will be important growth drivers for this market during the forecast period. Furthermore, the large proportion of children aged below 14 years, who are at a higher risk developing allergic disorders, will be an important driver for allergy diagnostics market.

Major players in the allergy diagnostics market include B BioMérieux (France), Danaher Corporation (U.S.), Hitachi Chemical Diagnostics (U.S.), HOB Biotech Group (China), Hycor Biomedical (U.S.), Lincoln Diagnostics (U.S.), Omega Diagnostics (U.K.), Siemens Healthcare (Germany), Stallergenes (France), and Thermo Fisher Scientific (U.S).

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