Allergy Diagnostics & Therapeutics Market to Increase at 12.3% CAGR to 2022, Expects OMR in Its In-Demand Report Available at MarketPublishers.com13 Jun 2017 • by Natalie Aster
LONDON – Rising prevalence of allergic diseases worldwide is one of the key factors propelling growth in the global allergy diagnostics and therapeutics market, which is predicted to register a 12.3% CAGR through 2022. Other important market growth drivers comprise increasing healthcare expenditures, strong demand for IVD tests in allergic diseases treatment, surging environmental pollution and remarkable advances in diagnostic technologies.
Still, the allergic diagnostics and therapeutic market is facing a number of challenges like stringent regulation norms associated with medical devices usage, high treatment costs and lack of awareness.
Despite the existing challenges, the world’s allergy diagnostics and therapeutics market is yet to explore its full potential worldwide. Escalating demand from the developing countries, especially India and China, are presenting lucrative expansion opportunities for the market growth. Therefore, allergy diagnostics and therapeutics market in APAC is expected to enjoy the highest CAGR through 2022, spurred also by favourable government policies, rising number of people suffering from allergy and uptake in pharmaceutical market.
Presently, North America takes lead in the world’s market for allergy diagnostics and therapeutics due to high prevalence of allergic diseases.
In-demand research publication “Global Allergy Diagnostics and Therapeutics Market Research and Analysis, 2015-2022” by Orion Market Research (OMR) draws a clear picture of the market scenario at the global and other geographical sales. It includes reliable relevant info on the market dynamics, key growth influencing factors, prevailing trends and emerging opportunities. The report highlights the competitive landscape, discusses the hottest industry issues and recent industry developments, points out and profiles the top companies. Additionally, a five-year future outlook for the allergy diagnostics and therapeutics market is available in the report.
Other in-demand reports by the publisher are at hand in the OMR catalogue at MarketPublishers.com.