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(Medical-NewsWire.com, March 23, 2018 ) Technavio Announces the Publication of its Research Report – Global Allergy Diagnostics Market 2018-2022
Technavio recognizes the following companies as the key players in the global allergy diagnostics market: bioMérieux, Danaher, Hitachi Chemical, Omega Diagnostics Group, Siemens Healthcare, and Thermo Fisher Scientific
Commenting on the report, an analyst from Technavio team said: “The latest trend gaining momentum in the market is increasing funding for allergy diagnostic devices. The advances in the development of innovative diagnostic devices are increasing to analyze allergic reactions. The demand for allergic diagnostic tests is increasing from the end-users such as hospitals and diagnostic laboratories owing to the growing number of patients requiring allergy diagnosis.”
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According to the report, one of the major drivers for this market is Expansion of product ranges through M&A. Companies are trying to expand allergy diagnostic systems and consumable products through inorganic growth. Hence, the large companies such as Abbott, Siemens Healthcare, and bioMérieux are focusing on increasing their product sales through M&A.
Further, the report states that one of the major factors hindering the growth of this market is High cost of allergy diagnostic products and procedures. There is an increasing demand for diagnostic instruments, which can diagnose allergy quickly. However, the high price of these test kits and systems hinders the growth of the global allergy diagnostics market. The price of these systems plays an important role. The end-users such as hospitals and diagnostic laboratories purchase these systems after extensive cost-benefit analysis. However, local manufacturers can offer their equipment at a low price owing to the low-cost labor and less raw material cost.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse Full Research Report with Table of Content @ https://marketreportscenter.com/reports/577071/global-allergy-diagnostics-market-2018-2022
Some points from TOC:-
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
• Segmentation by product
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Source: EmailWire.Com 
Source: EmailWire.com
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