Allergies caused by a host of triggering factors are on the rise recently due to increased more sensitivity of the immune system to such factors. Market reports associated with the healthcare sector made accessible by Market Research Future along with published reports on other sectors have been lately put out along with a report on this industry. The market is estimated to expand with a CAGR of 8.2 percent in the forecast period.

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The amplified level of pollution in different areas has raised the probability of developing an allergy. Skin test for allergies is an easy method by which individuals determine the allergen which is the cause for the reaction. The rising level of awareness about allergies and the availability of diagnostics facilities such as hospitals and diagnostic centers are raising the growth potential of the market. As allergy skin tests require shorter lead times to give results, they are being increasingly favored.

Allergy Skin Test Market - Segmental Analysis

The segmental evaluation of the Allergy Diagnostics & Therapeutics Market is segmented on the basis of indication, type, region, and end user. Based on type, the allergy skin test market is segmented into intradermal, prick, patch, and others. By indication, the allergy skin test market is segmented into allergic asthma, allergy rhinitis, drug allergy, anaphylaxis, allergic conjunctivitis, urticarial, and others. Based on the end user, the allergy skin test market is segmented into diagnostic centers, hospitals & clinics, and others. On the basis of regions, the allergy skin test market is segmented into The Americas, The Middle East, Africa, Asia Pacific, and Europe.

Regional Analysis

The Middle East & Africa (MEA), Europe, Asia Pacific (APAC), and the Americas are the main regions considered during the compilation of the market report.

Europe is the biggest and most lucrative region for the global allergy skin test market due to prevalence of anaphylaxis and demand for rapid diagnostic services. The market will thrive due to high cases of allergies being reported. As per European Academy of Allergy and Clinical Immunology, nearly 150 million in the European Union (EU) suffer from some form of allergic disease.

The Americas held close to 30% market share in 2016. It can experience a massive upheaval in demand due to rise in the cases of allergies in the U.S. According to the American College of Allergy Asthma and Immunology, eczema, food allergy, and allergic asthma are the most common types found in the region. The availability of technologically advanced tests to ascertain their presence at a preventive stage can bode well for the market.

The APAC region can display a strong CAGR during the forecast timespan due to high prevalence of allergic asthma due to rise in pollution levels. Other factors which can influence the sales of allergy skin tests are availability of portable devices and mobile applications which can lower the price of the product by a considerable degree. Presence of minimally invasive diagnostic techniques, unmet patient needs, and improvement in the healthcare infrastructure can bode well for the market growth.

The MEA region can exhibit a modest rise in demand for allergy skin tests due to high incidence of chronic respiratory diseases.

Competitive Analysis 

The innovation in products and services of the markets will alter the progression of the market substantially. The market appeal and competitors’ tendencies are noticeably improved by the strategies that are being exploited by market players. The market is significantly elevated by the developments that are occurring in the market.  The effective incorporation of supply chain management is progressively enhancing the expansion of the market. The critical success factors in the market are easily achieved in the market leading to a raised pace of development in the forecast period. The extended viability of the market is highly dependent on the techniques and the strategic roadmaps that are engaged by market players. The improved level of importance on the variation of products is growing the number of customers in the market considerably.

Arlington Scientific, Inc. (U.S.), HollisterStier Allergy (U.S.), Quest Diagnostics Incorporated (U.S.), Thermo Fischer Scientific (U.S.), Lincoln Diagnostics, Inc. (U.S.), Cell Science Systems (U.S.), and Novartis Global (Switzerland) are a few of the noteworthy contenders in this market.

Industry Updates:

Feb 2018 SenzaGen Inks Global Distribution Deal for Skin Allergy Test under which its GARD skin allergy tests will be sold worldwide by contract research organization Eurofins BioPharma Product Testing Munich.

Table of Content

1. Report Prologue

2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

5. Market Factor Analysis

5.1 Porters Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

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