Rising Pollen Levels Drive Growth in Allergy Testing Market, Says GlobalData
Written by Arushi Sharma
GlobalData predicts a bright future for allergy testing as pollen levels rise due to climate change. With 20 new in vitro diagnostic (IVD) devices underway, the market is experiencing a wave of innovation.
As spring sweeps across various countries, bringing warmer temperatures and blooming flowers, millions worldwide brace themselves for the seasonal onslaught of allergies. Recent studies indicate a notable increase in pollen levels across regions, attributed to climate shifts, changes in vegetation, and urbanization. In response, the allergy testing market is witnessing a surge in innovation and development, propelled by advancements in precision medicine and personalized medical approaches.
GlobalData, a leading data and analytics company, reports a promising outlook for the allergy testing market, with 20 in vitro diagnostic (IVD) devices currently in the pipeline and two undergoing clinical trials. According to GlobalData’s Product Databases, there are presently 58 Immunoglobulin E (IgE) allergy blood IVD devices available on the market. These devices play a critical role in identifying allergens triggering allergic reactions, enabling tailored treatment plans for patients.
Selena Yu, Senior Medical Analyst at GlobalData, underscores the significance of allergy testing, particularly in the context of seasonal allergies, alongside food and environmental sensitivities. In light of the COVID-19 pandemic, heightened awareness and proactive healthcare behaviors have led to increased interest in allergy testing among individuals seeking a comprehensive understanding of their health.
Yu comments, “The incidence of allergies has witnessed a steady rise over the past two centuries, driven by changes in diets and environments. Allergy testing serves as an invaluable tool in providing patients with insights into their specific triggers, empowering them to make informed decisions regarding their health management.”
The advent of minimally invasive, blood-based allergy tests marks a notable advancement in the field, offering enhanced convenience and patient comfort compared to traditional prick tests. These tests, some of which can cover over 200 different allergens in a single assessment, are proving to be highly efficient and accessible, driving adoption rates among individuals of all ages.
Yu emphasizes, “The transition towards blood-based allergy tests signifies a paradigm shift in healthcare, not only in allergy diagnostics but also in various other disease areas such as cancer screening. Accessibility and patient comfort are key drivers in encouraging individuals to undergo testing, particularly in populations like children who may experience discomfort with traditional testing methods.”
As the allergy testing market continues to evolve and expand, fueled by technological advancements and growing demand for personalized healthcare solutions, stakeholders are poised to capitalize on opportunities to improve patient outcomes and quality of life amidst the challenges posed by allergic conditions.