The report predicts the Global Egg Allergy Market to grow with a CAGR of 6.5% over the forecast period of 2018-2023. The study on Egg Allergy Market covers the analysis of the leading geographic such as America, Europe, Asia-Pacific. The report on Egg Allergy Market is a comprehensive study and presentation of drivers, restraints, challenges, demand factors, market size, forecasts, and trends in the Global Egg Allergy Market over the period of 2018 to 2023.
Egg allergy is defined as an allergic reaction induced due to immunological nature of egg proteins. The condition includes other allergic syndromes as well such as atopic dermatitis and eosinophilic esophagitis. Egg allergy is more prevalent in children and can outgrow before adolescence.
Increasing prevalence of egg allergy, consumer awareness and improved allergy diagnosis, increasing incidences of asthma, and increasing incidences of asthma promote the growth of Egg Allergy Market. As per the study published in Pediatric Clinics of North America journal in 2014, the prevalence rate of egg allergy in German children is 0.0004%, 0.6% in children from Mexico, and 1.6% in Danish children. In the United States, 1.3% of prevalence rate was reported.
It is estimated that egg allergy market is expected to grow at a CAGR 6.5% during the forecast period of 2017-2023.
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Key Players of Egg Allergy Market
Some of key the players in the Egg Allergy Market are Genentech, Inc., Novartis AG., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Bayer AG, Abbott, Astellas, Sanofi, Merck & Co., Inc., Creative Diagnostic Medicare Pvt. Ltd., and ImmuneTech.
Regional Analysis of Egg Allergy Market
The Americas dominate the Egg Allergy Market owing to the increasing consumer awareness among people, and high healthcare expenditure. According to the study published in the JAMA Pediatrics journal in 2013, the overall cost incurred by the food allergy in the United States was nearly USD 25 billion annually.
Europe holds the second position in an Egg Allergy Market. It is found that increasing incidence of egg allergy due to egg protein will drive the market in Europe region.
Asia Pacific represents the fastest growing Egg Allergy Market owing to the increasing innovation in allergen-free food products, and increasing per capita spending on healthcare.
Segmentation of Egg Allergy Market
The Egg Allergy Market is segmented on the basis of diagnosis, treatment & management and end-users.
On the basis of diagnosis, market is segmented into skin-prick test, atopy patch test (APT), blood test, oral food challenge, and others, on the basis of treatment & management, market is classified into Oral Immunotherapy (OIT), Medication, and others. Medication is further segmented into antihistamins, epinephrine shots, and others and On the basis of end-users, market is segmented into hospital & clinics, diagnostic centers, research & academic institutes, and others.
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Some Brief Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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