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.
Author Credits: Radhika Pawar
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