Global Lateral Flow Assays Market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing prevalence of infectious diseases and rising demand for point-of-care diagnostics in emerging economies.
The global lateral flow assays market is segmented on the basis of type, application, and region. On the basis of type, it can be classified into benchtop readers, digital/mobile readers, kits & reagents; on the basis of application it can be classified into hospitals and clinics, diagnostic laboratories; on the basis of region it can be classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Increasing prevalence of chronic diseases such as diabetes and cancer will drive the growth of the Lateral Flow Assays market.
- Increasing awareness about the benefits of Lateral Flow Assays in diagnosing diseases will also drive the growth of this market.
- The increasing number of mergers and acquisitions in this industry will create new opportunities for players in this market.
- Growing demand for point-of-care testing devices, which are used to diagnose diseases, will also fuel the growth of this market.
Industry Growth Insights published a new data on “Lateral Flow Assays Market”. The research report is titled “Lateral Flow Assays Market research by Types (Benchtop Readers, Digital/Mobile Readers, Kits & Reagents), By Applications (Hospitals and Clinics, Diagnostic Laboratories, Pharmaceutical and Biotech Companies, Other End Users), By Players/Companies Abbott Laboratories, Alere, Becton, Dickinson and Company, Biomerieux, Bio-Rad Laboratories, Danaher Corporation, Hologic, Johnson & Johnson, Qiagen, Thermo Fisher Scientific, PerkinElmer, Siemens Healthineers”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lateral Flow Assays Market Research Report
By Type
Benchtop Readers, Digital/Mobile Readers, Kits & Reagents
By Application
Hospitals and Clinics, Diagnostic Laboratories, Pharmaceutical and Biotech Companies, Other End Users
By Companies
Abbott Laboratories, Alere, Becton, Dickinson and Company, Biomerieux, Bio-Rad Laboratories, Danaher Corporation, Hologic, Johnson & Johnson, Qiagen, Thermo Fisher Scientific, PerkinElmer, Siemens Healthineers
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Lateral Flow Assays Market Report Segments:
The global Lateral Flow Assays market is segmented on the basis of:
Types
Benchtop Readers, Digital/Mobile Readers, Kits & Reagents
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
Hospitals and Clinics, Diagnostic Laboratories, Pharmaceutical and Biotech Companies, Other End Users
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:
- Abbott Laboratories
- Alere
- Becton, Dickinson and Company
- Biomerieux
- Bio-Rad Laboratories
- Danaher Corporation
- Hologic
- Johnson & Johnson
- Qiagen
- Thermo Fisher Scientific
- PerkinElmer
- Siemens Healthineers
Highlights of The Lateral Flow Assays 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:
- Benchtop Readers
- Digital/Mobile Readers
- Kits & Reagents
- By Application:
- Hospitals and Clinics
- Diagnostic Laboratories
- Pharmaceutical and Biotech Companies
- Other End Users
- 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 Lateral Flow Assays 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.
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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?
Lateral flow assays are a type of genetic testing that can be used to detect the presence of certain genetic markers in a person's blood. This type of testing is often used to determine whether someone has inherited a particular gene from their parents.
Some of the major players in the lateral flow assays market are Abbott Laboratories, Alere, Becton, Dickinson and Company, Biomerieux, Bio-Rad Laboratories, Danaher Corporation, Hologic, Johnson & Johnson, Qiagen, Thermo Fisher Scientific, PerkinElmer, Siemens Healthineers.
The lateral flow assays market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lateral Flow Assays 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. Lateral Flow Assays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lateral Flow Assays Market - Supply Chain
4.5. Global Lateral Flow Assays Market Forecast
4.5.1. Lateral Flow Assays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lateral Flow Assays Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lateral Flow Assays Market Absolute $ Opportunity
5. Global Lateral Flow Assays 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. Lateral Flow Assays Market Size and Volume Forecast by Type
5.3.1. Benchtop Readers
5.3.2. Digital/Mobile Readers
5.3.3. Kits & Reagents
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lateral Flow Assays 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. Lateral Flow Assays Market Size and Volume Forecast by Application
6.3.1. Hospitals and Clinics
6.3.2. Diagnostic Laboratories
6.3.3. Pharmaceutical and Biotech Companies
6.3.4. Other End Users
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lateral Flow Assays 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. Lateral Flow Assays 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 Lateral Flow Assays 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. Lateral Flow Assays 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 Lateral Flow Assays Demand Share Forecast, 2019-2026
9. North America Lateral Flow Assays 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 Lateral Flow Assays 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 Lateral Flow Assays Market Size and Volume Forecast by Application
9.4.1. Hospitals and Clinics
9.4.2. Diagnostic Laboratories
9.4.3. Pharmaceutical and Biotech Companies
9.4.4. Other End Users
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lateral Flow Assays Market Size and Volume Forecast by Type
9.7.1. Benchtop Readers
9.7.2. Digital/Mobile Readers
9.7.3. Kits & Reagents
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 Lateral Flow Assays Demand Share Forecast, 2019-2026
10. Latin America Lateral Flow Assays 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 Lateral Flow Assays 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 Lateral Flow Assays Market Size and Volume Forecast by Application
10.4.1. Hospitals and Clinics
10.4.2. Diagnostic Laboratories
10.4.3. Pharmaceutical and Biotech Companies
10.4.4. Other End Users
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lateral Flow Assays Market Size and Volume Forecast by Type
10.7.1. Benchtop Readers
10.7.2. Digital/Mobile Readers
10.7.3. Kits & Reagents
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 Lateral Flow Assays Demand Share Forecast, 2019-2026
11. Europe Lateral Flow Assays 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 Lateral Flow Assays 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 Lateral Flow Assays Market Size and Volume Forecast by Application
11.4.1. Hospitals and Clinics
11.4.2. Diagnostic Laboratories
11.4.3. Pharmaceutical and Biotech Companies
11.4.4. Other End Users
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lateral Flow Assays Market Size and Volume Forecast by Type
11.7.1. Benchtop Readers
11.7.2. Digital/Mobile Readers
11.7.3. Kits & Reagents
11.8. Basis Point hare (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 Lateral Flow Assays Demand Share, 2019-2026
12. Asia Pacific Lateral Flow Assays 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 Lateral Flow Assays 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 Lateral Flow Assays Market Size and Volume Forecast by Application
12.4.1. Hospitals and Clinics
12.4.2. Diagnostic Laboratories
12.4.3. Pharmaceutical and Biotech Companies
12.4.4. Other End Users
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lateral Flow Assays Market Size and Volume Forecast by Type
12.7.1. Benchtop Readers
12.7.2. Digital/Mobile Readers
12.7.3. Kits & Reagents
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 Lateral Flow Assays Demand Share, 2019-2026
13. Middle East & Africa Lateral Flow Assays 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 Lateral Flow Assays 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 Lateral Flow Assays Market Size and Volume Forecast by Application
13.4.1. Hospitals and Clinics
13.4.2. Diagnostic Laboratories
13.4.3. Pharmaceutical and Biotech Companies
13.4.4. Other End Users
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lateral Flow Assays Market Size and Volume Forecast by Type
13.7.1. Benchtop Readers
13.7.2. Digital/Mobile Readers
13.7.3. Kits & Reagents
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 Lateral Flow Assays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lateral Flow Assays Market: Market Share Analysis
14.2. Lateral Flow Assays Distributors and Customers
14.3. Lateral Flow Assays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott Laboratories
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alere
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Becton, Dickinson and Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Biomerieux
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bio-Rad Laboratories
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Danaher Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hologic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Johnson & Johnson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Qiagen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Thermo Fisher Scientific
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PerkinElmer
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Siemens Healthineers
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
