123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Allergy Diagnostics Market - Segmentation, Geographical Analysis & Major Key Players

Profile Picture
By Author: robert henric
Total Articles: 492
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The major factors driving the growth of this market are the high incidence and large economic burden of allergic diseases, rising environmental pollution, increasing healthcare expenditure, and growing access to medical insurance in the US. On the other hand, lack of awareness of allergic diseases in some countries is restraining the growth of this market.

Market Dynamics:

Opportunity: Growing adoption of automation for quicker turnaround times

Turnaround time (TAT) is an important factor in laboratory services and is often used as a key indicator of laboratory performance. Fully automated immunoassay systems are popular as they improve the TAT of laboratories and reduce labor costs. Semi-automated instruments are also preferred as they are less expensive; however, these systems increase the TAT. To meet the requirement of increased on-board testing capacity, advanced allergy diagnostic tests have been introduced in the market. Also, the market is witnessing greater adoption of automation for quicker TAT.

Automation in laboratories helps increase the efficiency of laboratory workflows, thus maintaining ...
... high throughputs. The main objective of automation in laboratories is to minimize nonvalue-adding steps, such as tube sorting, centrifugation, loading of analyzers, and preparing and sorting of materials required for testing. Some large laboratory chains are now shifting toward complete or total laboratory automation (TLA). However, these laboratories require major financial commitment

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=232871701

Assay kits to register the highest CAGR during the forecast period

The allergy diagnostics market is classified based on product & service into assay kits, instruments, and services. The assay kits segment is expected to grow at the highest rate during the forecast period. The widespread availability and large consumption of assay kits in allergy testing are expected to drive the growth of this segment in the coming years.

Diagnostic laboratories to dominate the allergy diagnostics market during the forecast period

The allergy diagnosis market is segmented based on end users into diagnostic laboratories, hospital-based laboratories, academic & research institutes, and other end users. In 2017, the diagnostic laboratories segment is expected to command the largest share and is estimated to grow at the fastest rate as compared to other segments. The market is mainly driven by the increasing incidence of allergic disorders in emerging countries.

Critical questions the report answers:

Where will all these developments take the industry in the long term?
What are the upcoming trends for the allergy diagnostics market?
Which segment provides the most opportunity for growth?
Who are the leading vendors operating in this market?
What are the opportunities for new market entrants?
Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=232871701

Asia is estimated to be the fastest growing regional segment in the market during the forecast period

Geographically, the allergy diagnostics market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). The Asian region is estimated to grow at the fastest rate which can be attributed to the improving life sciences research infrastructure in emerging economies and rising investments by governments to promote research activities.

Key Market Players:

Thermo Fisher Scientific Inc. (US), Siemens AG (Germany), Danaher Corporation (US), Omega Diagnostics Group PLC (UK) and Hitachi Chemical Co., Ltd. (Japan).

Total Views: 612Word Count: 499See All articles From Author

Add Comment

Business Articles

1. Revolutionizing Agriculture Nova Zyme And Gram Flowering - Kay Bee Bio
Author: Kay Bee Bio

2. How Coils Function In Heat Exchangers And Their Importance In Industrial Applications
Author: Pearl Shims

3. Psychic Elizabeth Asks: Are You Always Depressed?
Author: Pearline Saranealis

4. Report From The Psychic Detective: Situation Closed
Author: Madison Easter

5. The Psychic Investigations - Black Dog
Author: Alvaro Jonathan

6. Gifted Psychic Readings - Question No Much More About Your Future
Author: Sherrill Thacker

7. Love Psychic Readings: The Difference Between Flames And Soul Mates
Author: Peggy Moreland

8. Find A Real Psychic - My Favorite Technique For Discovering Psychic's Who Are Legit
Author: Thurman Mckinney

9. Tips For Choosing The Very Best Tarot Reader
Author: Melodee Clemmer

10. Celebrity Psychics - My Individual Experience With A Well-known Medium (not Recommended)
Author: Sophia Lombardo

11. Free On-line Tarot Card Studying
Author: Clayton Costantino

12. Why You Don't Want A Totally Free Psychic Studying!
Author: Adam Hutchens

13. Epoxy Flooring Dealers In Hyderabad: Enhancing Spaces With Expertise
Author: tremixconstructions

14. Psychic Medium - Three Tidbits That You Can Take
Author: Renaldo Gwin

15. Your Psychic Relationships
Author: Mae Bonwick

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: