India Allergy diagnostics Market By Products and Services (Assay Kits, Instruments, Consumables and Services), Allergen (Inhaled Allergens, Food Allergens, Antibiotics, Other Drugs and Chemicals Allergens, Occupational Allergens, Miscellaneous Plant Allergens, Contact Allergens And Others), Test (In-Vitro Test and In-Vivo Test), End User (Hospitals, Diagnostic Laboratories, Academic Research Laboratories and Others), Distribution Channel (Direct and Indirect), Country (India) Market Trends and Forecast to 2027
Market Analysis and Insights: India Allergy Diagnostics Market
Allergy diagnostics market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.0% in the forecast period of 2020 to 2027and expected to reach USD 264.08 million by 2027 from USD 123.19 million in 2019. Rising environmental pollution are the factors for the market growth.
Allergy diagnostic test is performed through experts in the order to identify allergic reaction in the patient body from any known substances. Allergy diagnostics tests of could activate mild itching, skin redness and inflammation. Increasing awareness towards allergy diagnostics is augmenting the market growth.
Increased number of allergy diagnostics models as compared to the past few years will accelerate the market growth. Rising environmental pollution levels is increasing the allergic diseases.
For instance, in 2015, according to the National Health Portal, in India approximately 20% to 30 % of total population is suffering from at least one of the allergic disease. Rising environmental pollution levels will also drive the market.
Lack of awareness regarding allergy diseases, patients are unable to get proper treatment of allergy diseases in time and the major reason for the same is that the patients are unaware of the allergy, For instance, according to the NCBI, it is estimated that more than 20% of the world’s population is suffering from IgE mediated allergic diseases. Such policies support allergy diagnostics market growth in the forecast period to 2027.
This allergy diagnostics market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
India Allergy Diagnostics Market Scope and Market Size
India allergy diagnostics market is segmented of the basis of products and services, allergen, test, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on products and services, allergy diagnostics market is segmented into assay kits, instruments, consumables and services. Assay kits is dominating in the market because India is developing region as well as low healthcare expenditure in India and assay kits are less expensive compare than instruments. For instance and Screen IgG ELISA Kit price USD 410.00 while AIR-RM3000ACNK910 price USD 3,000.00. This factor allows market to grow with highest CAGR in the forecasted period of 2027
- Based on test, allergy diagnostics market is segmented in-vitro test and in-vivo test. In vivo test is dominating in the market because in vivo test is more useful in the diagnoses of IgE mediated allergy. In vivo test is affordable compare than in-vitro test, so it is mostly preferred in India
- Based on end user, allergy diagnostics market is segmented into hospitals, diagnostic laboratories, academic research laboratories and others. Diagnostic laboratories segment is dominating in the market because diagnostic laboratories provide better and accurate result as well as advance technology diagnosis facilities are available compare than others.
- Based on distribution channel, allergy diagnostics market is segmented into direct and indirect. Direct supply segment provide more benefits to end users as compared to indirect supply.
Allergy diagnostics Market Country Level Analysis
India allergy diagnostics market is analysed and market size information is provided by country by products and services, allergen, test, end user and distribution channel as referenced above. India is dominating in the market due to increasing pollution, dust and foreign particles and pollens as well as rising food allergy cases.
The report will also provide market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of India brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Huge Investment for Allergy Diagnostics and New Technology Penetration
India allergy diagnostics market also provides you with detailed market analysis for every country growth in allergy diagnostics industry with allergy diagnostics sales, components sales, impact of technological development in diagnostics and changes in regulatory scenarios with their support for the allergy diagnostics market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Allergy Diagnostics Market Share Analysis
India allergy diagnostics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, India presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, concept cars, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to allergy diagnostics market.
The major players covered in the report Quest Diagnostics Incorporated, INDOOR Biotechnologies, Inc., Thermo Fisher Scientific Inc., Siemens Healthineers AG, Indoor Biotechnologies, Inc., bioMérieux SA, R-Biopharm AG, Hitachi, Ltd., PerkinElmer Inc., bioMérieux SA among other players domestic and India. Allergy diagnostics market share data is available for India. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many joint ventures and developments are also initiated by the companies worldwide which are also accelerating the India allergy diagnostics market.
- In April 2018, Omega Diagnostics Group PLC announced that they signed distribution agreement with Immunodiagnostic Systems Limited to commercialize their Allery’s products. This agreement enhanced company’s business globally.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for allergy diagnostics through expanded model range.
Customization Available : India Allergy Diagnostics Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.