Allergy Diagnostics Market Size, Share, Growth Analysis, By Product (Consumables, Instruments (Immunoassay Analyzers, ELISA Analyzers, Luminometers, Other Instruments), Services), By Allergens (Inhaled Allergens, Food Allergens, Drug Allergens, Other Allergens), By Test Type (Vivo Tests, In Vitro Tests), By Region - Industry Forecast 2024-2031

Allergy Diagnostics Market size was valued at around USD 4.3 billion in 2022 and is expected to rise from USD 4.8 billion in 2023 to reach a value of USD 11.1 billion by 2031, at a CAGR of 11% over the forecast period (2024–2031).

As pollution levels rise, the market for allergy diagnostics is projected to expand. The main risk factors for chronic respiratory illnesses include allergen exposure, occupational exposure, and exposure to indoor and outdoor air pollution. Because of their higher exposure to pollution, city dwellers are more prone than rural dwellers to suffer allergy disorders. The rise in food allergies is expected to boost the growth of the allergy diagnostic market.

Food allergy is a form of allergic sickness that is more common in cities and first-world countries than in rural and third-world countries. The degree of cleanliness and the risk of infectious diseases are two of the most noticeable differences between these regions. Early exposure to bacterial, viral, and parasitic infections, as well as exposure to a variety of common human body microbes, are likely to influence immune system development. Climate change, air pollution, and the complexity of materials and cosmetic products have all contributed to a rise in the prevalence of sensitive skin and its proclivity for irritation. These factors are expected to drive the growth of the allergy diagnostics market in the near future.

US Allergy Diagnostics Market  is poised to grow at a sustainable CAGR for the next forecast year.