Market Overview:
The global latex allergy market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing prevalence of latex allergies, rising awareness about latex allergies, and technological advancements in the diagnosis and treatment of latex allergies. However, the high cost of diagnosis and treatment may restrain the growth of this market during the forecast period. The global latex allergy market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into skin test and allergy test segments. The skin test segment is further classified into intradermal testing (IDT), scratch testing (ST), patch testing (PT), conjunctival provocation tests (CPT), epicutaneous tests (EPI-CTs) & others).
Product Definition:
latex allergy is an allergic response to natural rubber latex, a substance found in many everyday items such as rubber gloves, condoms, and balloons. Latex allergy can cause a range of symptoms, from mild skin irritation to life-threatening anaphylactic shock. For people with latex allergies, the best way to avoid an allergic reaction is to avoid contact with latex products.
Skin Test:
A skin test is a diagnostic procedure wherein the patient's skin is exposed to small amounts of the allergen. This process helps in detecting whether or not the person has developed an allergy to that particular substance. The most common allergens are latex, milk, and eggs.
Allergy Test:
Allergy test is used for detection of allergy in patients. It measures the amount of immunoglobulin E (IgE) antibodies produced by the body in response to an allergen. The most common causes of allergic reactions are insect bites, food products, and medications. IgE antibodies are usually found in blood or saliva samples of patients after exposure to these allergens and they bind themselves on white blood cells (WCB).
Application Insights:
Systemic reaction accounted for the largest revenue share in 2017. It is estimated to continue leading over the forecast period due to its high prevalence and increasing awareness about it among consumers. The allergic contact dermatitis segment is also expected to witness significant growth during the study period owing to increased product penetration and usage patterns of consumers.
The others application segment includes oral allergy syndrome, nasal allergy syndrome, eye allergy syndrome, skin sensitivity syndromes etc. These are relatively less prevalent compared with systemic reaction but they cause severe reactions in patients as well as affect their quality of life significantly when they occur unexpectedly or recurrently (i.e., chronic conditions). Therefore, this segment is also expected to grow at a considerable rate during the forecast period owing to rising healthcare spending by governments across various regions coupled with an increase in R&D activities for discovering new drugs that can cure these allergic disorders naturally without any side effects or complications associated with them (involving large amounts of money spent on clinical trials).
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, advanced healthcare infrastructure and high adoption rate for new products are some of the factors responsible for its large share. Moreover, increasing prevalence of latex allergy is also expected to drive regional growth over the forecast period. According to a study published by National Institute of Health (NIH), approximately 0.5% to 3% population in U.S.
Asia Pacific is expected to grow at a lucrative CAGR during the forecast period owing to rising disposable income coupled with growing awareness about early diagnosis among patients across various countries such as India, China & Japan etc.
Growth Factors:
- Increasing awareness about latex allergy and its symptoms is driving the growth of Latex Allergy market.
- The increasing prevalence of latex allergy is also fuelling the growth of Latex Allergy market.
- Growing demand for latex-free products is another major factor propelling the growth of Latex Allergy market.
- Rising number of research and development activities for developing new treatment options for latex allergy is also contributing to the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Latex Allergy Market Research Report
By Type
Skin Test, Allergy Test
By Application
Systemic Reaction, Allergic Contact Dermatitis, Others
By Companies
GlaxoSmithKline, Johnson & Johnson, Merck, Nektar Therapeutics, Novartis, Rocky Mountain Diagnostics, Sanofi, 3M, Alcon Inc., Allerayde UK, Allergy Hero
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Latex Allergy Market Report Segments:
The global Latex Allergy market is segmented on the basis of:
Types
Skin Test, Allergy Test
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Systemic Reaction, Allergic Contact Dermatitis, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GlaxoSmithKline
- Johnson & Johnson
- Merck
- Nektar Therapeutics
- Novartis
- Rocky Mountain Diagnostics
- Sanofi
- 3M
- Alcon Inc.
- Allerayde UK
- Allergy Hero
Highlights of The Latex Allergy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skin Test
- Allergy Test
- By Application:
- Systemic Reaction
- Allergic Contact Dermatitis
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Latex Allergy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Latex allergy is an allergic reaction to latex, a natural rubber. Latex allergies can be mild or severe, and may cause hives, asthma attacks, or even anaphylaxis.
Some of the major players in the latex allergy market are GlaxoSmithKline, Johnson & Johnson, Merck, Nektar Therapeutics, Novartis, Rocky Mountain Diagnostics, Sanofi, 3M, Alcon Inc., Allerayde UK, Allergy Hero.
The latex allergy market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Latex Allergy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Latex Allergy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Latex Allergy Market - Supply Chain
4.5. Global Latex Allergy Market Forecast
4.5.1. Latex Allergy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Latex Allergy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Latex Allergy Market Absolute $ Opportunity
5. Global Latex Allergy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Latex Allergy Market Size and Volume Forecast by Type
5.3.1. Skin Test
5.3.2. Allergy Test
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Latex Allergy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Latex Allergy Market Size and Volume Forecast by Application
6.3.1. Systemic Reaction
6.3.2. Allergic Contact Dermatitis
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Latex Allergy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Latex Allergy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Latex Allergy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Latex Allergy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Latex Allergy Demand Share Forecast, 2019-2026
9. North America Latex Allergy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Latex Allergy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Latex Allergy Market Size and Volume Forecast by Application
9.4.1. Systemic Reaction
9.4.2. Allergic Contact Dermatitis
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Latex Allergy Market Size and Volume Forecast by Type
9.7.1. Skin Test
9.7.2. Allergy Test
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Latex Allergy Demand Share Forecast, 2019-2026
10. Latin America Latex Allergy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Latex Allergy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Latex Allergy Market Size and Volume Forecast by Application
10.4.1. Systemic Reaction
10.4.2. Allergic Contact Dermatitis
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Latex Allergy Market Size and Volume Forecast by Type
10.7.1. Skin Test
10.7.2. Allergy Test
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Latex Allergy Demand Share Forecast, 2019-2026
11. Europe Latex Allergy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Latex Allergy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Latex Allergy Market Size and Volume Forecast by Application
11.4.1. Systemic Reaction
11.4.2. Allergic Contact Dermatitis
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Latex Allergy Market Size and Volume Forecast by Type
11.7.1. Skin Test
11.7.2. Allergy Test
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Latex Allergy Demand Share, 2019-2026
12. Asia Pacific Latex Allergy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Latex Allergy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Latex Allergy Market Size and Volume Forecast by Application
12.4.1. Systemic Reaction
12.4.2. Allergic Contact Dermatitis
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Latex Allergy Market Size and Volume Forecast by Type
12.7.1. Skin Test
12.7.2. Allergy Test
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Latex Allergy Demand Share, 2019-2026
13. Middle East & Africa Latex Allergy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Latex Allergy Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Latex Allergy Market Size and Volume Forecast by Application
13.4.1. Systemic Reaction
13.4.2. Allergic Contact Dermatitis
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Latex Allergy Market Size and Volume Forecast by Type
13.7.1. Skin Test
13.7.2. Allergy Test
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Latex Allergy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Latex Allergy Market: Market Share Analysis
14.2. Latex Allergy Distributors and Customers
14.3. Latex Allergy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GlaxoSmithKline
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Merck
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nektar Therapeutics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Novartis
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rocky Mountain Diagnostics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sanofi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 3M
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alcon Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Allerayde UK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Allergy Hero
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
