The global Allergy Diagnostics Market is valued at $1.2 billion in 2014 and is expected to grow at a CAGR of 12.67% to reach $2.23 billion in 2019, according to a new market research report published by MarketsandMarkets.

Rapidly increasing incidence of allergic diseases and rising environmental pollution will be important growth drivers for this market during the forecast period. Furthermore, the large proportion of children aged below 14 years, who are at a higher risk developing allergic disorders, will be an important driver for allergy diagnostics market.