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Report Overview

The allergy diagnostics and therapeutics market was valued at USD 37.32 Billion in 2024, driven by rising allergy prevalence worldwide. The market is anticipated to grow at a CAGR of 8.40% during the forecast period of 2025-2034, with values likely to reach USD 83.61 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Rising incidences of allergic diseases, coupled with high demand for blood tests for in vitro diagnosis, are anticipated to drive the industry growth of the allergy diagnostics & therapeutics in the coming years.

Global Allergy Diagnostics and Therapeutics Market

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Market Segmentation

The allergy diagnostics & therapeutics market can be divided on the basis of segments like product, allergen type, end-use, diagnostic tests, and drug class.

The industry can be broadly categorised on the basis of product into:

  • Instruments
  • Consumables
  • Services

The industry can be categorised on the basis of allergen type into:

  • Food
  • Inhaled
  • Drug
  • Others

The industry can be divided based on end-uses into:

  • Diagnostics labs
  • Hospitals
  • Academic Research Institutes

The industry can be divided on the basis of diagnostic tests as:

  • In-Vivo
  • Skin Prick Test
  • Intradermal
  • Patch Test
  • In-Vitro

The industry can be segmented based on drug class as:

  • Antihistamines
  • Decongestants
  • Corticosteroids
  • Mast Cell Stabilizers
  • Leukotriene Inhibitors
  • Nasal Anticholinergics
  • Immunomodulators
  • Autoinjectable Epinephrine
  • Immunotherapy

Looks into the regional markets of allergy diagnostics & therapeutics like:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Allergy Diagnostics and Therapeutics Market By Product

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Market Analysis

The growth of the allergy diagnostics & therapeutics industry is expected to be driven by a number of factors, such as the high incidence and high economic burden of allergic diseases, increased healthcare spending, and increased access to medical insurance in the United States. Within allergy testing, factors such as widespread availability and high consumption of assay kits are expected to drive the development of this segment in the following years. The category of inhaled allergens is projected to represent the largest share of the market for allergy diagnostics in the forecast period. Increasing environmental pollution is one of the main factors driving the market growth. Growing investments, rising research activities, and increasing acceptance from the United States for allergy treatment via medical insurance are the key factors accelerating the market growth.

Global Allergy Diagnostics and Therapeutics Market By Region

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global allergy diagnostics & therapeutics market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • GlaxoSmithKline plc
  • Stallergenes Greer Ltd
  • Hitachi Chemical Co., Ltd
  • Omega Diagnostics Group PLC
  • bioMérieux SA
  • Thermo Fisher Scientific Inc.
  • Siemens Healthcare GmbH
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at USD 37.32 Billion in 2024.

The market is anticipated to grow at a CAGR of 8.40% during the forecast period of 2025-2034, with the values likely to reach USD 83.61 Billion by 2034.

The major drivers of the market include rising incidences of allergic diseases, coupled with high demand for blood tests for in vitro diagnosis, growing investments, and the rising research activities.

The increasing acceptance from the United States for allergy treatment via medical insurance are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The product type in the market includes instruments, consumables, and services.

Allergens can be divided into food, inhaled, and drug, among others. Inhaled allergen is the dominant type of allergy diagnostics and therapeutics in the industry.

End uses can be divided into diagnostics labs, hospitals, and academic research institutes.

In-vivo, skin prick test, intradermal, patch test, and in-vitro are the major diagnostic tests in this industry.

The major players in the industry are GlaxoSmithKline plc, Stallergenes Greer Ltd, Hitachi Chemical Co., Ltd, Omega Diagnostics Group PLC, bioMérieux SA, Thermo Fisher Scientific Inc., and Siemens Healthcare GmbH, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Allergen Type
  • End Use
  • Diagnostic Tests
  • Drug Class
  • Region
Breakup by Product
  • Instruments
  • Consumables
  • Services
Breakup by Allergen Type
  • Food
  • Inhaled
  • Drug
  • Others
Breakup by End Use
  • Diagnostics labs
  • Hospitals
  • Academic Research Institutes
Breakup by Diagnostic Tests
  • In-Vivo
  • Skin Prick Test
  • Intradermal
  • Patch Test
  • In-Vitro
Breakup by Drug Class
  • Antihistamines
  • Decongestants
  • Corticosteroids
  • Mast Cell Stabilizers
  • Leukotriene Inhibitors
  • Nasal Anticholinergics
  • Immunomodulators
  • Autoinjectable Epinephrine
  • Immunotherapy
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • GlaxoSmithKline plc
  • Stallergenes Greer Ltd
  • Hitachi Chemical Co., Ltd
  • Omega Diagnostics Group PLC
  • bioMérieux SA
  • Thermo Fisher Scientific Inc.
  • Siemens Healthcare GmbH
  • Others
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