Allergy Patch Tests Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast

Allergy Patch Tests Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2018 to 2026
Global allergy patch test market is forecasted to grow at a CAGR of over 7% during
the forecast period 2018 to 2026.
Allergy Patch Tests are done to check whether a particular substance is causing
allergic skin irritation. The patch tests involve applying patches with test substances
in the form of small or discs to a person’s back. Patch test does not test for food
allergy and hives. This test can be used for atopic dermatitis, eczema, etc. The
increase in the level of pollution in different areas has raised the possibility of an
allergy. There are various types of allergies such as rhinitis, eye allergy, asthma, skin
allergy, etc. Allergy patch test is cost effective, simple and it improves the compliance
of patients. The emerging widespread of allergic contact eczema (dermatitis) among
the general population has been one of the drivers of the market. Dermatitis
requires continuous management as it’s associated with serious complications. The
diagnosis is necessary for proper management of dermatitis and the necessity has
fuelled the market of allergy patch tests. The rapid evolution of technologies has led
to further innovation of existing portfolios, and the increase in awareness of allergic
among the general population has further hinted towards the growth of the market.
Also, manufactures are more focused on product line expansions to achieve market
share in the international market. However, there are some drawbacks with these
patches includes the appearance of darker skin after treatment, sometime rash may
be reactivated and it became widespread.
The global market is dominated by North America due to high awareness and high
per capita healthcare expenditure. Europe is the second major shareholder of the
global market due to the high widespread allergic reactions. The Asia Pacific
represents a high opportunistic market for both domestic and international
manufacturers due to the rising incidence of allergic reactions. It expected to register
the highest growth rate during the forecast period. It is followed by Latin America
and Rest of the World, as they account small fraction due to a highly untapped
market. It also represents opportunistic space for international players.
Allergy patch tests market players include Chemotechnique MB Diagnostics AB,
Mekos Laboratories AS, Crawford Healthcare Limited, HAL Allergy B.V., Quest
Diagnostics, and others.
Allergy Patch Tests Restraints
• Appearance of darker skin after treatment
• Reactivation of rashes and its widespread
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Allergy Patch Tests Market Segmentation
By Indications
• Uticaria
• Atopic dermatitis (eczema)
• Irritant contact dermatitis (eczema)
By End User
• Clinics
• Diagnostic Laboratories
• Hospitals
By Region:
• North America
• Latin America
• Europe
• Asia and Pacific
• Rest of the World
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth Aspects
• SWOT Analysis
• Key Trends
• Key data-points affecting key growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global allergy patch tests market by
indications, by end user, and by region.
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market.
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions.
• Profiling of companies to evaluate their market shares, strategies, financial and
core competencies.
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Global allergy patch test market is forecasted to grow at a CAGR of over 7% during the forecast period 2018 to 2026.