IgE Allergy Blood Tests Market Share

  • Report ID: 5551
  • Published Date: Jan 22, 2024
  • Report Format: PDF, PPT

IgE Allergy Blood Tests Market Share

North American Market Forecast

The North America IgE allergy blood tests market is poised to hold 30% of the revenue share in the coming years. The major element to influence the market expansion is the growing adoption of health insurance. In 2022, more individuals had insurance than in 2021. Moreover, 2022 saw a rise in the proportion of the population with health insurance from 91.7 percent in 2021 to 92.1 percent in 2022 in the US, or 304.0 million individuals, who were insured at some point in the year. Furthermore, for public as well as private sector employees, purchasing a health insurance policy has been made mandatory in various organizations in this region. Key medical benefits are given by health insurance, which employees can use when employed by a business. Health insurance coverage is very helpful in covering treatment costs in the event of an emergency or other medical problem. Additionally, there has been a rise in the development of various instruments by key players for more advanced testing which is also estimated to boost the IgE allergy blood tests market expansion in this region.

APAC Market Analysis

The IgE allergy blood tests market in Asia Pacific is also estimated to have notable growth during the coming years. The market in this region is expanding owing to the increased attention being paid to personalized medication and the expanding knowledge of allergic disorders. The IgE allergy blood tests market growth potential in this region is further enhanced by the incorporation of these tests into standard healthcare regimens.

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Author Credits:  Radhika Pawar


  • Report ID: 5551
  • Published Date: Jan 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are a surge in pollution levels, growing utilization of mHealth, and rising prevalence of food allergies.

The market size of IgE allergy blood tests is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Thermo Fisher Scientific, Inc., Eurofins Viracor, Neogen Corporation, Omega Diagnostics PLC and others.

The diagnostics laboratories segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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