The immunoglobulin e (ige) allergy blood tests global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Immunoglobulin E (IgE) Allergy Blood Tests Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The immunoglobulin E (IgE) allergy blood tests market size has grown strongly in recent years. It will grow from $30.68 billion in 2023 to $33.24 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to technological advancements, increased allergy prevalence, growing demand for personalized medicine, expanding healthcare infrastructure, and rising awareness about allergy diagnosis and treatment.
The immunoglobulin E (IgE) allergy blood tests market size is expected to see strong growth in the next few years. It will grow to $46.23 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to rising investments in allergy research and development, expanding adoption of point-of-care testing, increasing focus on early diagnosis and intervention, growing demand for comprehensive allergy profiling, and integration of artificial intelligence in allergy diagnostics. Major trends in the forecast period include emergence of multiplex allergy testing, utilization of telemedicine for allergy consultations, development of novel biomarkers for allergic diseases, expansion of direct-to-consumer allergy testing services, and integration of big data analytics for personalized allergy management.
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Scope Of Immunoglobulin E (IgE) Allergy Blood Tests Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Immunoglobulin E (IgE) Allergy Blood Tests Market Overview
Market Drivers -The increasing prevalence of allergies is expected to propel the IgE allergy blood tests market going forward. Allergies refer to the immune system’s exaggerated response to substances that are typically harmless to most people, resulting in various symptoms such as sneezing, itching, or respiratory issues. The rise in cases of allergies are due to changes in lifestyle, environmental pollution, and genetic predispositions. IgE allergy blood tests are used in allergies to pinpoint specific allergens by measuring levels of Immunoglobulin E (IgE) antibodies in the blood, aiding in diagnosing and managing allergic conditions such as asthma, allergic rhinitis, and food allergies. For instance, in February 2023, according to the research article published in Elsevier, a Netherlands-based publishing company, the food allergen-related recalls in the UK accounted for 82 in 2020, which increased to 84 in 2021. Therefore, the increasing prevalence of allergies is driving the growth of the IgE allergy blood tests market.
Market Trends – Companies operating in the IgE allergy blood test market focus on developing new AI-powered allergy tests to enhance accuracy, efficiency, and scalability in allergy diagnostics. It aims to revolutionize allergy testing by improving the interpretation of test results, identifying patterns, and predicting allergic reactions more effectively. AI-powered allergy tests refer to diagnostic tools that utilize artificial intelligence (AI) algorithms and machine learning techniques to analyze allergy-related data and provide insights into an individual’s allergic sensitivities. For instance, in May 2023, Dr. Dangs Lab, an India-based diagnostic laboratory, launched ‘Allergynius Dx,’ a novel allergy test. This molecular allergy diagnostics test is based on Microarray using Nano Particles and provides results for 163 food and respiratory allergens1. This innovative test signifies a significant advancement in allergy testing, offering a comprehensive approach to identifying and managing allergies related to a wide range of allergens.
The immunoglobulin e (IgE) allergy blood tests market covered in this report is segmented –
1) By Product Type: Assays And Kits, Enzyme-Linked Immunosorbent Assay (ELISA) Testing Kits, Fluorescent Enzyme Immunoassays (FEIA) Testing Kits, Chemiluminescent Immunoassays (CLIA), Reagents, Consumables, Analyzers
2) By Application: Aero Allergies, Indoor Allergies, Outdoor Allergies, Food Allergies, Venoms, Medicine Allergies, Latex/Metal Allergies
3) By End User: Diagnostic Laboratories, Specialty Clinics, Hospitals, Research And Academic Centers
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Regional Insights – North America was the largest region in the immunoglobulin E (IgE) allergy blood tests market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the immunoglobulin E (IgE) allergy blood tests market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies operating in the immunoglobulin E (IgE) allergy blood tests market are Roche Holdings Inc., Thermo Fisher Scientific Inc, Abbott Laboratories, Novartis AG, Siemens Healthineers Pvt Ltd, BD Biosciences, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Eurofins Scientific SE, BioMérieux SA, Beckman Coulter Inc., Sysmex Corporation, Bio-Rad Laboratories Inc., Bio-Techne Corporation, GenScript Biotech Corporation, Randox Laboratories Ltd, Neogen Corporation, Invitae Corporation, Quanterix Corporation, Omega Diagnostics Plc, AESKU Group GmbH, Hitachi Chemical Diagnostics Inc., HYCOR Biomedical LLC, Amerimmune LLC
Table of Contents
- Executive Summary
- Immunoglobulin E (IgE) Allergy Blood Tests Market Characteristics
- Immunoglobulin E (IgE) Allergy Blood Tests Market Trends And Strategies
- Immunoglobulin E (IgE) Allergy Blood Tests Market – Macro Economic Scenario
- Global Immunoglobulin E (IgE) Allergy Blood Tests Market Size and Growth
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- Key Mergers And Acquisitions In The Immunoglobulin E (IgE) Allergy Blood Tests Market
- Immunoglobulin E (IgE) Allergy Blood Tests Market Future Outlook and Potential Analysis
- Appendix
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