Global Allergy Diagnostics And Therapeutics Market Size & Outlook
Global allergy diagnostics and therapeutics market, 2021-2033 (US$M)
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Global allergy diagnostics and therapeutics market highlights
- The global allergy diagnostics and therapeutics market generated a revenue of USD 33,443.3 million in 2024 and is expected to reach USD 57,000.4 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 6% by 2033.
- In terms of segment, therapeutics accounted for a revenue of USD 29,303.9 million in 2024.
- Diagnostics is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 33,443.3 million |
| Market revenue in 2033 | USD 57,000.4 million |
| Growth rate | 6% (CAGR from 2025 to 2033) |
| Largest segment | Therapeutics |
| Fastest growing segment | Diagnostics |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostics, Therapeutics |
Other key industry trends
- In terms of revenue, the North America accounted for 36.5% of the global allergy diagnostics and therapeutics market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 857.4 million by 2033.
Therapeutics was the largest segment with a revenue share of 87.62% in 2024. Horizon Databook has segmented the Global allergy diagnostics and therapeutics market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2021 to 2033.
The increasing incidence of allergies is one of the key factors contributing to the growth of the market over the forecast period. Rising exposure to indoor and outdoor air pollutants and occupational exposure are among major risk factors causing chronic respiratory diseases. The prevalence of allergies is much higher in the urban population than in the rural population due to rising exposure to environmental pollutants due to industrial activities and urbanization.
Various toxicological and epidemiological research state that the rising air population has increased cases of allergies such as allergic rhinitis, asthma, and chronic cough. Rise in pollution is leading to rising cases of allergies, which is further increasing the demand for IVDs and drugs related to allergies.
As per Mayo Clinic, food allergies affect about 8% of children under age 5 and up to 4% of adults. Similarly, as per the data of the Asthma and Allergy Foundation of America, in 2021, in the U.S., about 81 million people were diagnosed with seasonal allergic rhinitis, representing around 26% affected adults and 19% affected children.
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Allergy Diagnostics And Therapeutics Market Scope
Allergy Diagnostics And Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Omega Healthcare Investors Inc | View profile | 53 | 303 International Circle, Suite 200, Hunt Valley, MD, United States, 21030 | https://www.omegahealthcare.com |
| Allergy Therapeutics PLC | View profile | 612 | Dominion Way, Worthing, West Sussex, United Kingdom, BN14 8SA | https://www.allergytherapeutics.com |
| Astellas Pharma Inc | View profile | 14484 | 2-5-1, Nihonbashi-Honcho, Chuo-ku, Tokyo, Japan, 103-8411 | http://www.astellas.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Sun Pharmaceutical Industries | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://www.sunpharma.com |
| Rohm Co Ltd | View profile | 23751 | 21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, Japan, 615-8585 | http://www.rohm.co.jp |
| Epigenomics AG | View profile | 18 | Geneststrasse 5, Berlin, BB, Germany, 10829 | https://www.epigenomics.com |
| GSK PLC | View profile | 70200 | 980 Great West Road, Brentford, Middlesex, United Kingdom, TW8 9GS | https://www.gsk.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Alcon Inc | View profile | 25315 | Chemin de Blandonnet 8, Royce Bedward, Vernier, Geneva, Switzerland, 1214 | https://www.alcon.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| AbbVie Inc | View profile | 50000 | 1 North Waukegan Road, North Chicago, IL, United States, 60064-6400 | http://www.abbvieinvestor.com |
| BioMerieux SA | View profile | 13982 | Marcy l’Etoile, Lyon, France, 69280 | http://www.biomerieux.com |
| Teva Pharmaceutical Industries Ltd | View profile | 37851 | 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 | https://www.tevapharm.com |
Global allergy diagnostics and therapeutics market size, by regions, 2021-2033 (US$M)
Top 10 countries: Allergy diagnostics and therapeutics market size, 2023 (US$M)
Global allergy diagnostics and therapeutics market share, by allergen type, 2023 & 2030 (%, US$M)
Allergy diagnostics and therapeutics market: Opportunity assessment by country
Global allergy diagnostics and therapeutics market, by region, 2024 (US$M)
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