Brazil Allergy Diagnostics And Therapeutics Market Size & Outlook
Brazil allergy diagnostics and therapeutics market, 2018-2030 (US$M)
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Brazil allergy diagnostics and therapeutics market highlights
- The Brazil allergy diagnostics and therapeutics market generated a revenue of USD 599.4 million in 2023 and is expected to reach USD 946.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, inhaled was the largest revenue generating allergen type in 2023.
- Other Allergens is the most lucrative allergen type segment registering the fastest growth during the forecast period.
Allergy diagnostics and therapeutics market data book summary
| Market revenue in 2023 | USD 599.4 million |
| Market revenue in 2030 | USD 946.9 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Inhaled |
| Fastest growing segment | Other Allergens |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inhaled, Drug, Other Allergens, Food |
| Key market players worldwide | Rohm Co Ltd, Thermo Fisher Scientific Inc, PerkinElmer, BioMerieux SA, Siemens Healthineers AG ADR, Omega Healthcare Investors Inc, Danaher Corp, Alcon Inc, AbbVie Inc, Sanofi SA, Allergy Therapeutics PLC, Pfizer Inc, Teva Pharmaceutical Industries Ltd, GSK PLC, Sun Pharmaceutical Industries, Roche Holding AG, Merck & Co Inc, Astellas Pharma Inc, Epigenomics AG |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.9% of the global allergy diagnostics and therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil allergy diagnostics and therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 665.7 million by 2030.
Inhaled was the largest segment with a revenue share of 55.12% in 2023. Horizon Databook has segmented the Brazil allergy diagnostics and therapeutics market based on inhaled, drug, other allergens, food covering the revenue growth of each sub-segment from 2018 to 2030.
The allergy diagnostics and therapeutics market is projected to showcase a lucrative growth rate over the forecast period due to rising incidence of allergies due to increasing pollution, rapid changes in the environment, and growing adoption of sedentary lifestyle.
The adoption of various strategic initiatives by key players in the region further boosts market growth. Advancements in IVD technologies, increasing number of clinical trials, and launches also positively impact the market. Various government initiatives to improve healthcare infrastructure further fuel market growth.
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Allergy Diagnostics And Therapeutics Market Scope
Allergy Diagnostics And Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil allergy diagnostics and therapeutics market size, by allergen type, 2018-2030 (US$M)
Brazil Allergy Diagnostics And Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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