U.S. Allergy Diagnostics And Therapeutics Market Size & Outlook
U.S. allergy diagnostics and therapeutics market, 2018-2030 (US$M)
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U.S. allergy diagnostics and therapeutics market highlights
- The U.S. allergy diagnostics and therapeutics market generated a revenue of USD 10,159.1 million in 2023 and is expected to reach USD 16,133.2 million by 2030.
- The U.S. 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.
- Food 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 10,159.1 million |
| Market revenue in 2030 | USD 16,133.2 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Inhaled |
| Fastest growing segment | Food |
| 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, U.S. accounted for 32.4% 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 North America, U.S. allergy diagnostics and therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,108.5 million by 2030.
Inhaled was the largest segment with a revenue share of 45.57% in 2023. Horizon Databook has segmented the U.S. 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 lucrative growth over the forecast period due to increasing prevalence of allergy cases, rising awareness about early diagnosis, and availability of a wide range of therapeutics. Furthermore, rising number of key players focusing on the development of new products, and increasing number of clinical trials in the country are fueling the market growth.
For instance, in October 2022, ARS Pharmaceuticals announced that the U.S. FDA accepted a New Drug Application (NDA) for its neffy nasal epinephrine device for the emergency treatment of anaphylaxis in children and adults. Some of the key players in the market are AbbVie, Inc., Allergy Therapeutics, and Pfizer, Inc.
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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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U.S. allergy diagnostics and therapeutics market size, by allergen type, 2018-2030 (US$M)
U.S. Allergy Diagnostics And Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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