According to the research report, the global lateral flow assay market size is expected to touch USD 16.74 Billion by 2032, from USD 11.34 Billion in 2022, growing with a significant CAGR of 3.97% from 2023 to 2032.
The lateral flow assay report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global lateral flow assay in conjunction with the geographical landscape of this vertical have also been included in this report.
The report offers intricate dynamics about different aspects of the global lateral flow assay market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global lateral flow assay during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
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Report Scope of the Lateral Flow Assay Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 11.79 Billion |
| Market Size by 2032 | USD 16.74 Billion |
| Growth Rate from 2023 | CAGR of 3.97% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Product, By Application, By Technique, By Test Type, and By End-User |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
This study covers a detailed segmentation of the global lateral flow assay market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global lateral flow assay market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
Key Players
- Abbott Laboratories
- Thermo Fisher Scientific, Inc.
- F. Hoffmann-La Roche AG
- Bio-Rad Laboratories, Inc
- bioMérieux SA
- Quidel Corporation
- Hologic, Inc.
- PerkinElmer, Inc.
- Merck KGaA
- BD
- Siemens Healthineers
- Danaher Corporation
- QIAGEN N.V.
Market Segmentation
By Product
- Kits & Reagents
- Lateral Flow Readers
- Lateral Flow Readers
- Benchtop Readers
- Digital Readers
By Application
- Clinical Testing
- Infectious Disease Testing
- COVID-19
- Mosquito Borne Disease Testing
- Influenza Testing
- Sexually Transmitted Infection Testing
- STI Testing
- HIV Testing
- HPV Testing
- Chlamydia Testing
- Gonorrhea Testing
- Syphilis Testing
- Other STI Testing
- Hepatitis
- Tuberculosis
- Other Infectious Diseases
- Cardiac Marker Testing
- Troponin I and T Testing
- CK-MB Testing
- BNP and NT-Probnp Testing
- Myoglobin Testing
- D-Dimer Testing
- Other Cardiac Marker Tests
- Pregnancy & Fertility Testing
- Pregnancy Testing
- Fertility Testing
- Cholesterol Testing/Lipid Profile
- Drugs of Abuse Testing
- Other Clinical Tests
- Veterinary Diagnostics
- Food Safety & Environment Testing
- Drug Development & Quality Testing
- Infectious Disease Testing
By Technique
- Sandwich Assays
- Competitive Assays
- Multiplex Detection Assays
By Test Type
- Lateral Flow Immunoassay
- Nucleic Acid Lateral Flow Assay
By End-User
- Hospitals & Clinics
- Diagnostic Laboratories
- Home Care
- Pharmaceutical & Biotechnology Companies
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology
The research methodology adopted by analysts for compiling the global lateral flow assay report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global lateral flow assay market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Lateral Flow Assay Market
5.1. COVID-19 Landscape: Lateral Flow Assay Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Lateral Flow Assay Market, By Product
8.1. Lateral Flow Assay Market, by Product, 2023-2032
8.1.1. Kits & Reagents
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Lateral Flow Readers
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Lateral Flow Assay Market, By Application
9.1. Lateral Flow Assay Market, by Application, 2023-2032
9.1.1. Clinical Testing
9.1.1.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Lateral Flow Assay Market, By Technique
10.1. Lateral Flow Assay Market, by Technique, 2023-2032
10.1.1. Sandwich Assays
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Competitive Assays
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Multiplex Detection Assays
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Lateral Flow Assay Market, By Test Type
11.1. Lateral Flow Assay Market, by Test Type, 2023-2032
11.1.1. Lateral Flow Immunoassay
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Nucleic Acid Lateral Flow Assay
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Lateral Flow Assay Market, By End-User
12.1. Lateral Flow Assay Market, by End-User, 2023-2032
12.1.1. Hospitals & Clinics
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Diagnostic Laboratories
12.1.2.1. Market Revenue and Forecast (2020-2032)
12.1.3. Home Care
12.1.3.1. Market Revenue and Forecast (2020-2032)
12.1.4. Pharmaceutical & Biotechnology Companies
12.1.4.1. Market Revenue and Forecast (2020-2032)
12.1.5. Others
12.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Lateral Flow Assay Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.2. Market Revenue and Forecast, by Application (2020-2032)
13.1.3. Market Revenue and Forecast, by Technique (2020-2032)
13.1.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.1.5. Market Revenue and Forecast, by End-User (2020-2032)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.6.2. Market Revenue and Forecast, by Application (2020-2032)
13.1.6.3. Market Revenue and Forecast, by Technique (2020-2032)
13.1.6.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.1.6.5. Market Revenue and Forecast, by End-User (2020-2032)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Application (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Technique (2020-2032)
13.1.7.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.1.7.5. Market Revenue and Forecast, by End-User (2020-2032)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.2. Market Revenue and Forecast, by Application (2020-2032)
13.2.3. Market Revenue and Forecast, by Technique (2020-2032)
13.2.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.2.5. Market Revenue and Forecast, by End-User (2020-2032)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.6.2. Market Revenue and Forecast, by Application (2020-2032)
13.2.6.3. Market Revenue and Forecast, by Technique (2020-2032)
13.2.7. Market Revenue and Forecast, by Test Type (2020-2032)
13.2.8. Market Revenue and Forecast, by End-User (2020-2032)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.9.2. Market Revenue and Forecast, by Application (2020-2032)
13.2.9.3. Market Revenue and Forecast, by Technique (2020-2032)
13.2.10. Market Revenue and Forecast, by Test Type (2020-2032)
13.2.11. Market Revenue and Forecast, by End-User (2020-2032)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.12.2. Market Revenue and Forecast, by Application (2020-2032)
13.2.12.3. Market Revenue and Forecast, by Technique (2020-2032)
13.2.12.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.2.13. Market Revenue and Forecast, by End-User (2020-2032)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.14.2. Market Revenue and Forecast, by Application (2020-2032)
13.2.14.3. Market Revenue and Forecast, by Technique (2020-2032)
13.2.14.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.2.15. Market Revenue and Forecast, by End-User (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.2. Market Revenue and Forecast, by Application (2020-2032)
13.3.3. Market Revenue and Forecast, by Technique (2020-2032)
13.3.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.3.5. Market Revenue and Forecast, by End-User (2020-2032)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.6.2. Market Revenue and Forecast, by Application (2020-2032)
13.3.6.3. Market Revenue and Forecast, by Technique (2020-2032)
13.3.6.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.3.7. Market Revenue and Forecast, by End-User (2020-2032)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.8.2. Market Revenue and Forecast, by Application (2020-2032)
13.3.8.3. Market Revenue and Forecast, by Technique (2020-2032)
13.3.8.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.3.9. Market Revenue and Forecast, by End-User (2020-2032)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Application (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Technique (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.3.10.5. Market Revenue and Forecast, by End-User (2020-2032)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.11.2. Market Revenue and Forecast, by Application (2020-2032)
13.3.11.3. Market Revenue and Forecast, by Technique (2020-2032)
13.3.11.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.3.11.5. Market Revenue and Forecast, by End-User (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.2. Market Revenue and Forecast, by Application (2020-2032)
13.4.3. Market Revenue and Forecast, by Technique (2020-2032)
13.4.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.4.5. Market Revenue and Forecast, by End-User (2020-2032)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.6.2. Market Revenue and Forecast, by Application (2020-2032)
13.4.6.3. Market Revenue and Forecast, by Technique (2020-2032)
13.4.6.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.4.7. Market Revenue and Forecast, by End-User (2020-2032)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.8.2. Market Revenue and Forecast, by Application (2020-2032)
13.4.8.3. Market Revenue and Forecast, by Technique (2020-2032)
13.4.8.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.4.9. Market Revenue and Forecast, by End-User (2020-2032)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Application (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Technique (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.4.10.5. Market Revenue and Forecast, by End-User (2020-2032)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.4.11.2. Market Revenue and Forecast, by Application (2020-2032)
13.4.11.3. Market Revenue and Forecast, by Technique (2020-2032)
13.4.11.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.4.11.5. Market Revenue and Forecast, by End-User (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.2. Market Revenue and Forecast, by Application (2020-2032)
13.5.3. Market Revenue and Forecast, by Technique (2020-2032)
13.5.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.5.5. Market Revenue and Forecast, by End-User (2020-2032)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.6.2. Market Revenue and Forecast, by Application (2020-2032)
13.5.6.3. Market Revenue and Forecast, by Technique (2020-2032)
13.5.6.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.5.7. Market Revenue and Forecast, by End-User (2020-2032)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.8.2. Market Revenue and Forecast, by Application (2020-2032)
13.5.8.3. Market Revenue and Forecast, by Technique (2020-2032)
13.5.8.4. Market Revenue and Forecast, by Test Type (2020-2032)
13.5.8.5. Market Revenue and Forecast, by End-User (2020-2032)
Chapter 14. Company Profiles
14.1. Abbott Laboratories
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Thermo Fisher Scientific, Inc.
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. F. Hoffmann-La Roche AG
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. F. Hoffmann-La Roche AG
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Bio-Rad Laboratories, Inc
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. bioMérieux SA
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Quidel Corporation
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Hologic, Inc.
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. PerkinElmer, Inc.
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Merck KGaA
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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