Published Date : Oct 24, 2016
The global allergy diagnostic market has been booming over the past few years due to a proposed hygiene hypothesis. The theory claims that lack of exposure to allergens and dust or living in excessively hygienic conditions can make the human body prone to allergies as the immune system does not learn to fight. This theory has been proposed to back the increasing number of asthma cases amongst children, especially in the developed countries, where hygiene is given importance above its due. In addition to this, the demand for allergy diagnostics has grown due to the alarming rise in the levels of pollution, genetic predispositions, growing expenditure on healthcare infrastructure, and increasing awareness amongst parents.
Low Cost of Consumables to Drive its Growth in Global Allergy Diagnostic Market
The various types of products available in the global allergy diagnostics market are assays kits, consumables, and instruments. These are used for fighting inhaled allergens, food allergens, drug allergens, and others. The predominant end users of these products are diagnostic laboratories, hospitals, academic research institutes, and others. The tests used for treating allergies are either in-vivo or in-vitro. Analysts predict that consumables are likely to lead the global market in the coming years due to their low cost.
North America and Europe to be Biggest Consumers of Allergy Diagnostics
Geographically, the global allergy diagnostic market is segmented into North America, Europe, Asia Pacific, and Rest of the World. According to researchers, North America is anticipated to retain dominance in the global market during the forecast period. The obsessive level of hygiene in the region is expected to spike the number of allergy cases. The same trend will be observed in Europe, state analysts. The demand for allergy diagnostics in both of these regions will also be propelled by growing levels of technological advancements as well.