Report Summary
The Global Lateral Flow Assays Market Size, Share & Growth Analysis By Product (Kits & Reagents, Lateral Flow Readers), By Application (Clinical Testing, Veterinary Diagnostics, Food Safety & Environment Testing, Drug Development & Quality Testing), By Technique (Sandwich Assays, Competitive Assays, Multiplex Detection Assays), By Sample Type (Blood Samples, Urine Samples, Saliva Samples, Other Samples), By End-User (Hospitals & Clinics, Diagnostic Laboratories, Home Care Settings, Pharmaceutical & Biotechnology Companies), And Regional Forecast, 2021-2028, This research & consulting report doles out information about the global Lateral Flow Assays market. The forecast period of the market extends till 2028, while commencing in 2020. The report sheds light on various key insights & trends that have occupied center stage & drawn the attention of end-users. The Lateral Flow Assays industry is witnessing impressive expansion at present, having logged double digit CAGRs in the past.
The Lateral Flow Assays (LFA) Market is expected to grow at a compound annual growth rate (CAGR) of 8.8% during the forecast period, 2021 to 2028 to reach USD 14.01 billion by 2028.
The report alludes to the Lateral Flow Assays market as a lucrative sector. This sector is slated to generate substantial revenues during forecast period 2021 to 2028. The analytical report highlights data & overview regarding the size, shares, & demand of Lateral Flow Assays. Several other factors have had a positive or negative impact on the industry, all of which have been laid out in details.
Pros & Scope of The Report
The said factors comprise drivers, novel prospects, hindrances, and other vital characteristics of the market. Investments by rivals into Lateral Flow Assays products have catapulted the market into limelight & have stoked its demand, globally.
Few among other key aspects that find a mention; encompass the industry segments, predictions, & size and shares for 2021 to 2028. Besides these; the report narrows down on the innovative trends & technological developments, expansion strategies of key players, and regional statistics.
Some Of The Companies For Lateral Flow Assays Market Are:
- Abbott Laboratories
- Hoffman-La Roche Ltd.
- Danaher Corporation
- Siemens AG
- Becton
- Dickinson and Company
- bioMérieux SA
- Bio-Rad Laboratories
- Thermo Fisher Scientific, Inc.
- PerkinElmer Inc.
- Hologic Inc.
- QIAGEN N.V.
- Quidel Corporation
- Merck KGaA
- Abcam plc
- Surmodics IVD
- Chembio Diagnostic Systems, Inc.
- OraSure Technologies
- DCN Diagnostics
- Polysciences, Inc.
- Abingdon Health
- BioPorto Diagnostics A/S
- Microcoat Biotechnologie GmbH
- Scienion AG
- Senova GmbH
- Access Bio, Inc.
More Inputs & Objectives
The manner in which nascent & local competitors stack up against prominent players, hogs the spotlight. Novel products & services, coupled with the monetary shares of eminent competitors and the SWOT analysis unveil the complexities of the global industry size.
Segments Covered in the Report
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2021 to 2028 in each of the sub segments. For the purpose of this study, Eternity Insights has segmented the global Lateral Flow Assays market on the basis of product, application, technique, sample type, end-user and region:
Lateral Flow Assays Market, By Product
- Kits & Reagents
- Lateral Flow Readers
- Digital/Handheld Readers
- Benchtop Readers
- Mobile/Smartphone Readers
Lateral Flow Assays Market, By Application
- Clinical Testing
- Infectious Disease Testing
- Mosquito-borne Diseases
- Covid-19
- Influenza
- Sexually Transmitted Infections
- HIV
- HPV
- Chlamydia
- Gonorrhea
- Syphilis
- Other Sexually Transmitted Infections
- Hepatitis
- Tuberculosis
- Other Infectious Diseases
- Cardiac Marker Testing
- Troponin I and T Testing
- CK-MB Testing
- BNP or NT-proBNP Testing
- Myoglobin Testing
- D-Dimer Testing
- Other Cardiac Markers
- Pregnancy & Fertility Testing
- Pregnancy Testing
- Fertility Testing
- Cholesterol Testing/Lipid Profiles
- Drugs-of-Abuse Testing
- Veterinary Diagnostics
- Food Safety & Environment Testing
- Drug Development & Quality Testing
Lateral Flow Assay Kits & Reagents Market, By Technique
- Sandwich Assays
- Competitive Assays
- Multiplex Detection Assays
Lateral Flow Assays Market, By Sample Type
- Blood Samples
- Urine Samples
- Saliva Samples
- Other Samples
Lateral Flow Assays Market, By End User
- Hospitals & Clinics
- Diagnostic Laboratories
- Home Care Settings
- Pharmaceutical & Biotechnology Companies
- Other End Users
Lateral Flow Assays Market, By Regional Outlook
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Switzerland
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
Research Methodology
Research methodology is an integral component of any kind of high-level market research. It entails evaluation by expert panels, research on secondary & primary levels, checks on quality, & testing on completion. Secondary research deeply focuses on the whys, whos, wheres, whens, & hows and caters to answering the strictly consumer-centric base of people.
Some other secondary research sources comprise governmental affiliations & blogs, business magazines, and industrial journals. Primary research includes face-to-face & telephonic interviews with industry experts. It is comparatively more detailed & lays stress on unprejudiced opinions about the products & services.
Primary research findings cement secondary research & help end-users & businesses get a better hang of various markets. It is a well-established fact, though, that research methodology is best implemented through the mixed execution of its aforementioned procedures.
What Does the Report Offer?
- A break down & profiling of the qualitative & quantitative analysis of the industry.
- An in-depth overview of the segments & sub-segments of the industry, unlocking their shares and positions.
- Data on market players & their growth strategies.
- Industry outlook, via value chains.
- Mergers & acquisitions, the SWOT analysis of prominent competitors, and high-tech product launches.
- Drivers, hindrances, factors that positively & negatively impact the market, and new opportunities.
- Crucial information and actionable insights, enabling businesses to widen their traction & to have an edge over others.
- Regions into which the global market is fragmented and the reigning regional markets & their respective shares & revenues.
- Analytical support on the purchases made/orders passed.
Other Vital Points That Are Covered
The impact of Covid-19 on each of the segments of the Lateral Flow Assays market.
The suppliers, manufacturers, raw materials, dominating players, etc.
Key regional contributors & their shares in the past and the future.
Evaluation of most of the important countries within particular regions in view of their revenues, supplies, supremacy, business returns, & consumption volumes.
Advanced technologies that surround the market and comprehensive outlook on industry applications, products, end-users, & regions.
Technological & statistical data to cater to the demands of businesses, shareholders, & companies and to help them grow further.
Comparison of competitors against other players and the dominant companies during the forecast period. Strategies employed by reigning stakeholders to gain further traction & to generate higher revenues.
End users that are ahead in the rat race and the positive factors that influence those end users.
Applications that should come out on top by the end of the forecast period.
Products that occupy the maximum shares and the drivers behind those products.
Factors that bode well for the Lateral Flow Assays market and a mention of other industries that are closely associated with the Lateral Flow Assays market.
Regions that open the floodgates to higher investments and greater opportunities.
Records of the market sales, volumes, CAGRs, & shares.
The market report also brings to light major opportunities and untapped geographies. It is more like a blend of customized research documents & conventional reports. Besides informing buyers about the pros & cons of direct and indirect sales channels, the analysis exhibits illustrations & graphical representations of industry growth and the innovative trends within the industry.