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meditech-insights · 2 years

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Allergy Diagnostics Market Rising Demand, Business Strategies and High Growth Rate By 2026

The occurrence of allergic diseases globally has continued to grow in the industrialized world for more than 50 years. Allergies are the 6th leading cause of chronic illness in the U.S. and each year more than 50 million Americans experience various types of allergies. Constantly rising cases of allergic diseases and other related medical conditions has fueled the global allergy diagnostics market.

The Global Allergy Diagnostics Market valued at ~$4.9 billion (2021) is set to witness a healthy growth rate of 11% in the next 5 years. Growing cases of allergic diseases (asthma, allergic rhinitis, atopic dermatitis, and food allergy), rising environmental pollution levels, high volume consumption of processed food and beverages, advent of mHealth in allergy diagnosis & care and growing awareness about allergic diseases are some of the key factors driving the Global Allergy Diagnostics Market.

Growing Prominence of mHealth in Allergy Diagnosis & Allergy Care The well-known availability of technology-based interventions such as mobile health in the clinical setting has enabled patients to play an active role in their medical care. Mobile health (mHealth) utilizes mobile communication devices such as computers, tablets and smartphones to improve patient education & self-management of diseases, help in remote surveillance of patient’s health, flow of data and information and disease management from first diagnosis to an optimized treatment.

Arrival of patient-facing mHealth technologies (such as apps) is estimated to favorably impact clinical, economic and process outcomes. Features such as medication reminders, educational content, games-based self management, symptom diaries, electronic sensors, patient self-tracking dashboards, voice recognition, wearable technology, pollen sensors, and virtual reality offered by apps not only improves patient knowledge but also improves medication adherence, asthma and allergic conditions control, quality of life and results in fewer unscheduled office visits.

mHealth offers allergists and patients a new mode of communication via the phone camera, sound recording system, motion sensors, texting, and by using diagnostic devices and diagnostic algorithms incorporated in the smartphone itself.

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High Volume Consumption of Processed Food and Beverages Set to Spur the Food Allergen Testing Market The food allergen testing industry has garnered considerable traction globally because of high daily consumption of processed food and beverages. Allergens are a significant cause for concern in the global food processing industry. The market is anticipated to witness considerable momentum in the coming years due to growth of the dairy, processed food and confectionary segments. Allergen detection tests are a key feature of allergen management systems in food processing plants and are executed at nearly every step of the process. These tests are carried out on work surfaces and products to detect any cross contamination or allergen presence, and to test the effectiveness of a food processing unit’s cleaning measures.

“The global food allergen testing market is expected to witness significant growth in the coming years due to expansion of the dairy, processed food and confectionary segments. By testing for allergens in food products, organizations can precisely mention each ingredient, and thereby allow people with specific food allergies to avoid consuming them.” - CEO, Leading Allergy Diagnostics Product Manufacturer, United States

Competitive Landscape Analysis: Allergy Diagnostics Market Some of the key players operating in the allergy diagnostics market are Thermo Fisher Scientific Inc., Siemens Healthineers , Danaher, Omega Diagnostics Group PLC, bioMérieux SA, Romer Labs Division Holding, EUROIMMUN Medizinische Labordiagnostika AG, HollisterStier Allergy, NEOGEN Corporation, Eurofins Scientific, Minaris Medical America, Inc., Stallergenes Greer, HOB Biotech Group Corp., Ltd., HYCOR Biomedical, R-Biopharm AG, AESKU.GROUP GmbH, ACON Laboratories, Inc., Lincoln Diagnostics, Inc., Astra Biotech GmbH, Erba Group (UK), among others.

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About Medi-Tech Insights:

Medi-Tech Insights is a healthcare-focused business research & insights firm. We have successfully completed 100+ projects in Healthcare IT, MedTech, Medical Devices & Pharma Services in the areas of due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry leading CXO, VPs and key demand/supply side decision-makers.

#Allergy Diagnostics Market #medical care #health

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gajananmnm-blog · 2 years

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The allergy diagnostics market is projected to reach USD 8.2 billion by 2026 from USD 4.8 billion in 2021, at a CAGR of 11.1% from 2021 to 2026. Factors such as, rising environmental pollution levels, high incidence of allergic diseases, increasing funds by organizations in allergy diagnostics are anticipated to drive growth of the allergy diagnostics market.

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healthcaremreports · 2 years

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Allergy Diagnostics Market Key Players, Industry Overview, Application and Forecast Analysis to 2022-2030

A recent market research report added to repository of Healthcare Market Reports is an in-depth analysis of global Allergy Diagnostics market. On the basis of historic growth analysis and current scenario of Allergy Diagnostics market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Allergy Diagnostics market. This further helps user with their developmental strategy.

This report examines all the key factors influencing growth of global Allergy Diagnostics market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Allergy Diagnostics market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

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Global Allergy Diagnostics Market: Top Key Players

Omega Diagnostics Group PLC

Siemens AG

Danaher Corporation

HOB Biotech Group

BioMérieux SA

Stallergenes Greer

Thermo Fisher Scientific

Hitachi Chemical Diagnostics

HYCOR Biomedical

Lincoln Diagnostics

Global Allergy Diagnostics Market: By Types

Assay Kits

Instruments

Consumables

Services

Global Allergy Diagnostics Market: By Applications

Hospital

Diagnostic Laboratory

Global Allergy Diagnostics Market: By Countries

United States

Canada

Germany

France

Italy

Spain

Russia

China

Japan

South Korea

Australia

Thailand

Brazil

Argentina

Chile

South Africa

Egypt

UAE

Saudi Arabia

Allergy Diagnostics Market: Regional analysis includes

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

North America (the United States, Mexico, and Canada.)

South America (Brazil etc.)

The Middle East and Africa (GCC Countries and Egypt)

Some Points from Table of Contents

Chapter 1 Allergy Diagnostics Introduction and Market Overview

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Global Allergy Diagnostics Market, by Type

Chapter 5 Allergy Diagnostics Market, by Application

Chapter 6 Global Allergy Diagnostics Market Analysis by Regions

Chapter 7 North America Allergy Diagnostics Market Analysis by Countries

Chapter 8 Europe Allergy Diagnostics Market Analysis by Countries

Chapter 9 Asia Pacific Allergy Diagnostics Market Analysis by Countries

Chapter 10 Middle East and Africa Allergy Diagnostics Market Analysis by Countries

Chapter 11 South America Allergy Diagnostics Market Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Global Allergy Diagnostics Market Forecast

Chapter 15 New Project Feasibility Analysis

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Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country ➋ Key winning strategies followed by the competitors ➌ Who are the key competitors in this industry? ➍ What shall be the potential of this industry over the forecast tenure? ➎ What are the factors propelling the demand for the Allergy Diagnostics? ➏ What are the opportunities that shall aid in significant proliferation of the market growth? ➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Allergy Diagnostics? ➑ How has the covid-19 impacted the growth of the market? ➒ Has the supply chain disruption caused changes in the entire value chain?

Healthcare Market Reports 99 Wall Street 2124 New York, NY 10005 US Contact No: +1(929)-450-2887 Email: [email protected]

Thanks for reading this article you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

#Allergy Diagnostics Market

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balrajgis · 2 years

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#Allergy Diagnostics Market

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v-r-lifescience · 3 months

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#Allergy Diagnostics Market #Allergy Diagnostics #Allergy #Diagnostics

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nmsc-market-pulse · 2 days

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Allergy Diagnostics and Therapeutics Market: Understanding Trends and Opportunities

Introduction

Allergic diseases have become increasingly prevalent worldwide, posing significant challenges to public health systems and individuals alike. From seasonal allergies including hay fever to severe food allergies and life-threatening anaphylaxis, allergies manifest in diverse forms and affect millions of people globally. The burden of allergic diseases extends beyond physical discomfort, impacting productivity, quality of life, and healthcare expenditures. In response to this growing health crisis, the allergy diagnostics and therapeutics market has witnessed remarkable growth and innovation in recent years. This article explores the current landscape, key trends driving market growth, and opportunities for stakeholders in the allergy diagnostics and therapeutics market.

According to the study by Next Move Strategy Consulting, the global Allergy Diagnostics and Therapeutics Market size is predicted to reach USD 55.25 billion with a CAGR of 6.38% by 2030.

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Understanding Allergic Diseases

Allergic diseases result from an exaggerated immune response to harmless substances, known as allergens, encountered in the environment. Common allergens include pollen, dust mites, pet dander, certain foods, insect venom, and medications. When individuals with allergic predispositions are exposed to allergens, their immune systems produce immunoglobulin E (IgE) antibodies, triggering the release of inflammatory mediators such as histamine. This immune cascade leads to the characteristic symptoms of allergies, including sneezing, itching, nasal congestion, wheezing, hives, and swelling. Allergic diseases encompass a spectrum of conditions, including:

Allergic Rhinitis: Also known as hay fever, allergic rhinitis is characterized by inflammation of the nasal mucosa in response to airborne allergens such as pollen, mold spores, and pet dander. Symptoms include sneezing, nasal congestion, itching, and watery eyes.

Asthma: Asthma is a chronic respiratory condition characterized by airway inflammation, bronchoconstriction, and airway hyperresponsiveness. Allergic asthma, triggered by allergens such as pollen, dust mites, and pet dander, accounts for a significant proportion of asthma cases.

Food Allergies: Food allergies involve an adverse immune response to specific food proteins, leading to symptoms ranging from mild itching and swelling to severe anaphylaxis. Common food allergens include peanuts, tree nuts, shellfish, eggs, milk, soy, wheat, and fish.

Atopic Dermatitis: Atopic dermatitis, or eczema, is a chronic inflammatory skin condition characterized by dry, itchy, and inflamed skin lesions. While the exact cause of atopic dermatitis is multifactorial, genetic predispositions and immune dysregulation play significant roles.

Anaphylaxis: Anaphylaxis is a severe, life-threatening allergic reaction characterized by systemic symptoms, including swelling of the throat, difficulty breathing, rapid heartbeat, and a sudden drop in blood pressure. Common triggers include insect stings, food allergens, medications, and latex.

Diagnostic Approaches in Allergy Management

Accurate diagnosis is essential for effective allergy management, enabling healthcare providers to identify allergens, assess disease severity, and develop personalized treatment plans. Diagnostic approaches in allergy management encompass a variety of techniques, ranging from traditional skin prick tests to advanced molecular diagnostics:

Skin Prick Tests: Skin prick tests involve pricking the skin with a small amount of allergen extract and observing the skin's reaction. This simple and cost-effective diagnostic method is widely used to identify IgE-mediated sensitivities to airborne allergens, foods, and insect venoms.

Serum IgE Testing: Serum IgE testing, also known as allergen-specific IgE testing or allergy blood testing, measures the levels of allergen-specific IgE antibodies in the blood. This laboratory-based test is particularly useful when skin prick testing is contraindicated or inconclusive, or when assessing sensitivities to multiple allergens simultaneously.

Patch Testing: Patch testing is used to diagnose contact dermatitis and delayed hypersensitivity reactions to allergens such as metals, fragrances, and chemicals. During patch testing, small amounts of allergen are applied to adhesive patches, which are then affixed to the patient's skin for a specified period. Reactions are assessed after removal of the patches.

Provocation Testing: Provocation testing, including nasal provocation testing, bronchial provocation testing, and oral food challenges, involves deliberate exposure to suspected allergens under controlled conditions to elicit allergic reactions. These tests are typically performed in specialized clinical settings under close medical supervision.

Molecular Diagnostics: Molecular diagnostics, such as allergen component testing and gene expression profiling, provide insights into the molecular mechanisms underlying allergic diseases and help differentiate between sensitization and clinical allergy. By identifying specific allergen components associated with clinical reactivity, molecular diagnostics facilitate targeted allergen avoidance and immunotherapy selection.

Point-of-Care Testing: Point-of-care testing (POCT) platforms enable rapid, on-site diagnosis of allergic conditions, allowing for timely intervention and patient management. POCT devices, including lateral flow assays and handheld immunoassay analyzers, offer convenience, portability, and ease of use in various healthcare settings.

Therapeutic Strategies for Allergic Diseases

Once allergies are diagnosed, the goal of therapy is to alleviate symptoms, prevent exacerbations, and improve quality of life. Therapeutic strategies for allergic diseases encompass pharmacological interventions, immunomodulatory therapies, allergen avoidance measures, and patient education:

Pharmacological Interventions: Pharmacological treatments for allergic diseases include antihistamines, corticosteroids, leukotriene receptor antagonists, decongestants, and mast cell stabilizers. These medications target specific aspects of the allergic response, such as histamine release, inflammation, and bronchoconstriction, to provide symptomatic relief.

Immunomodulatory Therapies: Immunomodulatory therapies, such as allergen immunotherapy (AIT) and biologic agents, aim to modify the immune system's response to allergens and induce tolerance. AIT, which includes subcutaneous immunotherapy (SCIT) and sublingual immunotherapy (SLIT), involves administering gradually increasing doses of allergen extracts to desensitize allergic individuals over time. Biologic agents, including monoclonal antibodies targeting IgE, interleukins, and inflammatory cytokines, offer targeted and personalized treatment options for severe allergic diseases.

Allergen Avoidance Measures: Allergen avoidance is a cornerstone of allergy management, particularly for allergens with known triggers, such as pollen, dust mites, pet dander, and food allergens. Strategies for allergen avoidance may include environmental modifications, allergen-proof bedding, air filtration systems, pet restrictions, and dietary modifications.

Patient Education and Lifestyle Modifications: Patient education plays a crucial role in empowering individuals to manage their allergies effectively and minimize exposure to allergens. Healthcare providers can educate patients about allergy triggers, symptom recognition, medication adherence, emergency preparedness, and lifestyle modifications to reduce allergy-related morbidity and improve quality of life.

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Key Trends Driving Market Growth

Several key trends are driving growth and innovation in the allergy diagnostics and therapeutics market:

Rising Allergy Prevalence: The global prevalence of allergic diseases, including allergic rhinitis, asthma, and food allergies, continues to rise, driven by environmental factors, genetic predispositions, and lifestyle changes. According to the World Allergy Organization (WAO), approximately 20% to 30% of the global population is affected by allergic rhinitis, with significant regional variations.

Technological Advancements: Rapid advancements in diagnostic technologies, such as molecular diagnostics, microarray-based testing, and multiplex assays, are enhancing the accuracy, sensitivity, and specificity of allergy diagnosis. Next-generation sequencing (NGS) technologies enable comprehensive profiling of allergic sensitivities and immune responses, facilitating personalized treatment approaches.

Precision Medicine Approaches: Precision medicine, also known as personalized medicine, involves tailoring medical treatments to individual patient characteristics, including genetic makeup, biomarker profiles, and environmental exposures. In the field of allergy diagnostics and therapeutics, precision medicine approaches enable healthcare providers to identify underlying disease mechanisms, predict treatment responses, and optimize therapeutic outcomes.

Expanding Therapeutic Options: The development of novel therapeutics, including biologic agents, targeted immunomodulators, and gene therapies, is expanding the treatment landscape for allergic diseases. Biologic agents, such as monoclonal antibodies targeting IgE, interleukins, and eosinophils, offer targeted and biologically-based treatment options for severe allergic conditions refractory to conventional pharmacotherapy.

Digital Health Solutions: Digital health solutions, including telemedicine platforms, mobile health apps, wearable devices, and remote monitoring tools, are revolutionizing allergy care delivery and patient engagement. Telemedicine enables virtual consultations, remote monitoring, and telehealth interventions, enhancing access to allergy specialists and improving patient adherence to treatment plans.

Opportunities for Stakeholders

The evolving landscape of the allergy diagnostics and therapeutics market presents numerous opportunities for stakeholders across the healthcare continuum:

Industry Players: Pharmaceutical companies, diagnostic manufacturers, biotechnology firms, and medical device companies have the opportunity to capitalize on the growing demand for allergy diagnostics and therapeutics. By investing in research and development, product innovation, and market expansion, industry players can address unmet clinical needs and drive market growth.

Healthcare Providers: Healthcare providers, including allergists, immunologists, pulmonologists, primary care physicians, and nurse practitioners, play a pivotal role in allergy diagnosis and management. By adopting evidence-based practices, integrating innovative technologies, and fostering interdisciplinary collaborations, healthcare providers can optimize patient care and improve clinical outcomes.

Payers and Policymakers: Payers, including health insurance companies, government payers, and healthcare reimbursement agencies, have a vested interest in promoting cost-effective and equitable access to allergy diagnostics and therapeutics. Policymakers can support initiatives to incentivize preventive care, foster value-based reimbursement models, and enhance healthcare infrastructure to address the growing burden of allergic diseases.

Patient Advocacy Groups: Patient advocacy groups, nonprofit organizations, and patient support networks play a critical role in raising awareness, providing education, and advocating for the needs of individuals with allergic diseases. By empowering patients, caregivers, and communities, advocacy groups can drive positive change, reduce stigma, and improve the quality of life for individuals living with allergies.

Conclusion

The allergy diagnostics and therapeutics market is poised for robust growth and innovation driven by rising allergy prevalence, technological advancements, and evolving treatment paradigms. By understanding key trends, leveraging emerging technologies, and embracing collaborative approaches, stakeholders can contribute to advancing allergy care and improving patient outcomes on a global scale. With a shared commitment to innovation, education, and patient-centered care, we can address the challenges posed by allergic diseases and enhance the health and well-being of individuals worldwide.

#allergy diagnostics #therapeutics #healthcare #biotechnology #market research #market trends

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