DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Allergy Diagnostics And Therapeutics Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report to their offering.
The global allergy diagnostics & therapeutics market is expected to grow with the CAGR of 21.5% during the forecast period.
The market is facing some crucial challenges such as high competition and demand for sensitive & accurate diagnostic tools. On the basis of geography, the market is segmented into four major regions such as North America, Europe, APAC & ROW. North America is the leader in the allergy diagnostics & therapeutics market, followed by Europe. North America is primarily led owing to high healthcare expenditure in the US, growing prevalence of allergic diseases in the region.
Asia Pacific is expected to be the fastest growing region during the forecast period. The region is growing significantly due to increasing prevalence of allergic diseases, growing healthcare infrastructure and growing focus of major companies in the region. For instance: Hitachi Chemical Diagnostics, Siemens Healthcare, Thermo Fisher Scientific Pvt. Ltd and so on are offering high opportunities for the market in APAC.
Market Drivers & Market Impact
- Rising Pollution Levels
- Increasing Healthcare Expenditure
- Increasing Prevalence Rate of Allergic Diseases
- Expanding Ivd Market
Market Restraints & Market Impact
- High Initial Capital Requirement
- Lack of Awareness About Allergic Diseases
- Stringent Medical Laws & Regulations
- Emerging Economies Like India And China
- Advent of Allergen Chips
- Laboratory Automation
- Market Competition
- Demand for Sensitive And Accurate Diagnostic Tools
- Alcon Labs
- Allercheck Inc
- Danaher Corporation
- Hitachi Chemical Diagnostics
- Hob Biotech Group
- Hycor Biomedical
- Lincoln Diagnostics atives
- Nidec Corp
- Omega Diagnostics
- Siemens Healthcare
- Thermo Fischer Scientific Pvt Ltd
For more information about this report visit http://www.researchandmarkets.com/research/hbw8sf/global_allergy