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Lateral Flow Assay Market - Global Industry Analysis

Lateral Flow Assay Market By Product (Digital/Mobile Readers, Kits & Reagents, Benchtop Readers, and Lateral Flow Readers), By Technique (Multiplex Detection Assay, Sandwich Assay, and Competitive Assay), By Application (Clinical Testing, Quality Control, Veterinary Science, and Drug Development), and By End-User (Hospitals, Diagnostic Laboratories, Pharmaceutical Companies, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 07-Oct-2019 Category: Biotechnology Report Format : PDF Pages: 110 Report Code: ZMR-4821 Status : Published

Global lateral flow assay market expected to generate around USD 10.24 billion by 2025, at a CAGR of around 7.68% between 2019 and 2025. Lateral flow assay (LFA) are technological devices which are used for detection and are simple to use and portable.

Description

The report covers a forecast and an analysis of the lateral flow assay market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes the drivers and restraints of the lateral flow assay market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the lateral flow assay market on a global and regional level.

In order to give the users of this report a comprehensive view of the lateral flow assay market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Lateral Flow Assay Market

The report provides company market share analysis to give a broader overview of the key players in the lateral flow assay market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the lateral flow assay market on a global and regional basis.

The study provides a decisive view of the lateral flow assay market by segmenting it based on product, application, technique, end-user, and region. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Some key players in the lateral flow assay market are Siemens, Thermo Fisher Scientific, PerkinElmer, Danaher Corporation, QIAGEN, Abbott Laboratories, Becton, Dickinson and Company, Bio-Rad Laboratories, Chembio Diagnostic Systems, and F. Hoffmann-La Roche.

This report segments the lateral flow assay market into:

Lateral Flow Assay Market: By Product

  • Digital/Mobile Readers
  • Kits and Reagents
  • Benchtop Readers
  • Lateral Flow Readers

Lateral Flow Assay Market: By End-User

  • Hospitals and Clinics
  • Diagnostic Laboratories
  • Pharmaceutical Companies
  • Others

Lateral Flow Assay Market: By Application

  • Clinical Testing
    • Cholesterol and Lipid Testing
    • Drugs-of-abuse Testing
    • Infectious Disease Testing
    • Pregnancy Testing
  • Quality Control
  • Veterinary Science
  • Drug Development

Lateral Flow Assay Market: By Technique

  • Multiplex Detection Assay
  • Sandwich Assay
  • Competitive Assay

Lateral Flow Assay Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Lateral Flow Assay Market, 2016-2025 (USD Billion)
    • 2.2. Global Lateral Flow Assay Market: Snapshot
  •  
  • Chapter 3. Lateral Flow Assay Market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Increase in geriatric population
      • 3.2.2. The spread of infectious diseases
      • 3.2.3. Increase in disposable income
      • 3.2.4. Increase in demand for lateral flow assay kits for testing at home
      • 3.2.5. Rising demand for point-of-care testing
    • 3.3. Market restraints
      • 3.3.1. Inconsistency in test results
      • 3.3.2. Stringent regulations
    • 3.4. Opportunities
      • 3.4.1. Emerging Markets
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by Product
      • 3.6.2. Market attractiveness analysis, by Application
      • 3.6.3. Market attractiveness analysis, by Technique
      • 3.6.4. Market attractiveness analysis, by End-User
      • 3.6.5. Market attractiveness analysis, by Region
  •  
  • Chapter 4. Global Lateral Flow Assay Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Lateral Flow Assay Market: Company Market Share, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Applications Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Global Lateral Flow Assay Market - Product Analysis
    • 5.1. Global Lateral Flow Assay Market: Product overview
      • 5.1.1. Global Lateral Flow Assay Market Share, by Product, 2018 and 2025
    • 5.2. Digital/Mobile Readers
      • 5.2.1. Global Lateral Flow Assay Market for Digital/Mobile Readers, 2016-2025 (USD Billion)
    • 5.3. Kits & Reagents
      • 5.3.1. Global Lateral Flow Assay Market for Kits & Reagents, 2016-2025 (USD Billion)
    • 5.4. Benchtop Readers
      • 5.4.1. Global Lateral Flow Assay Market for Benchtop Readers, 2016-2025 (USD Billion)
    • 5.5. Lateral Flow Readers
      • 5.5.1. Global Lateral Flow Assay Market for Lateral Flow Readers, 2016-2025 (USD Billion)
  •  
  • Chapter 6. Global Lateral Flow Assay Market - Application Analysis
    • 6.1. Global Lateral Flow Assay Market: Application overview
      • 6.1.1. Global Lateral Flow Assay Market Share, by Application, 2018 and 2025
    • 6.2. Clinical Testing
      • 6.2.1. Global Lateral Flow Assay Market for Clinical Testing, 2016-2025 (USD Billion)
    • 6.3. Quality Control
      • 6.3.1. Global Lateral Flow Assay Market for Quality Control, 2016-2025 (USD Billion)
    • 6.4. Veterinary Science
      • 6.4.1. Global Lateral Flow Assay Market for Veterinary Science, 2016-2025 (USD Billion)
    • 6.5. Drug Development
      • 6.5.1. Global Lateral Flow Assay Market for Drug Development, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Global Lateral Flow Assay Market -Technique Analysis
    • 7.1. Global Lateral Flow Assay Market: Technique overview
      • 7.1.1. Global Lateral Flow Assay Market Share, by Technique, 2018 and 2025
    • 7.2. Multiplex detection assay
      • 7.2.1. Global Lateral Flow Assay Market for multiplex detection assay, 2016-2025 (USD Billion)
    • 7.3. Sandwich assay
      • 7.3.1. Global Lateral Flow Assay Market for sandwich assay, 2016-2025 (USD Billion)
    • 7.4. Competitive assay
      • 7.4.1. Global Lateral Flow Assay Market for competitive assay, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Global Lateral Flow Assay Market - End-User Analysis
    • 8.1. Global Lateral Flow Assay Market: End-User overview
      • 8.1.1. Global Lateral Flow Assay Market share, by End-User, 2018 and 2025
    • 8.2. Hospitals
      • 8.2.1. Global Lateral Flow Assay Market for Hospitals, 2016-2025 (USD Billion)
    • 8.3. Clinics
      • 8.3.1. Global Lateral Flow Assay Market for Clinics, 2016-2025 (USD Billion)
    • 8.4. Diagnostic laboratories
      • 8.4.1. Global Lateral Flow Assay Market for diagnostic laboratories, 2016-2025 (USD Billion)
    • 8.5. pharmaceutical companies
      • 8.5.1. Global Lateral Flow Assay Market for pharmaceutical companies, 2016-2025 (USD Billion)
    • 8.6. Others
      • 8.6.1. Global Lateral Flow Assay Market for Others, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Global Lateral Flow Assay Market - Regional Analysis
    • 9.1. Global Lateral Flow Assay Market: Regional overview
      • 9.1.1. Global Lateral Flow Assay Market share, by region, 2018 and 2025
    • 9.2. North America
      • 9.2.1. North America Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
      • 9.2.2. North America Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.3. North America Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
      • 9.2.4. North America Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.2.5. The U.S.
        • 9.2.5.1. The U.S. Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.2.5.2. The U.S. Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.2.5.3. The U.S. Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.2.5.4. The U.S. Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.2.6. Rest of North America
        • 9.2.6.1. Rest of North America Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.2.6.2. Rest of North America Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.2.6.3. Rest of North America Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.2.6.4. Rest of North America Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
      • 9.3.2. Europe Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.3. Europe Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
      • 9.3.4. Europe Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.3.5. Germany
        • 9.3.5.1. Germany Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.3.5.2. Germany Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.5.3. Germany Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.3.5.4. Germany Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.3.6. UK
        • 9.3.6.1. U.K. Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.3.6.2. U.K. Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.6.3. U.K. Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.3.6.4. U.K. Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.3.7. France
        • 9.3.7.1. France Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.3.7.2. France Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.7.3. France Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.3.7.4. France Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.3.8. Rest of Europe
        • 9.3.8.1. Rest of Europe Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.3.8.2. Rest of Europe Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.8.3. Rest of Europe Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.3.8.4. Rest of Europe Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
      • 9.4.2. Asia Pacific Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.3. Asia Pacific Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
      • 9.4.4. Asia Pacific Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.4.5. China
        • 9.4.5.1. China Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.4.5.2. China Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.5.3. China Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.4.5.4. China Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.4.6. Japan
        • 9.4.6.1. Japan Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.4.6.2. Japan Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.6.3. Japan Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.4.6.4. Japan Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.4.7. India
        • 9.4.7.1. India Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.4.7.2. India Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.7.3. India Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.4.7.4. India Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.4.8. Rest of Asia Pacific
        • 9.4.8.1. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.4.8.2. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.8.3. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.4.8.4. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
      • 9.5.2. Latin America Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.3. Latin America Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
      • 9.5.4. Latin America Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.5.5. Brazil
        • 9.5.5.1. Brazil Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.5.5.2. Brazil Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.5.5.3. Brazil Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.5.5.4. Brazil Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 9.5.6. Rest of Latin America
        • 9.5.6.1. Rest of Latin America Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
        • 9.5.6.2. Rest of Latin America Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.5.6.3. Rest of Latin America Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
        • 9.5.6.4. Rest of Latin America Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Lateral Flow Assay Market Revenue, by Product, 2016-2025 (USD Billion)
      • 9.6.2. The Middle East and Africa Lateral Flow Assay Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.6.3. The Middle East and Africa Lateral Flow Assay Market Revenue, by Technique, 2016-2025 (USD Billion)
      • 9.6.4. The Middle East and Africa Lateral Flow Assay Market Revenue, by End-User, 2016-2025 (USD Billion)
  •  
  • Chapter 10. Company Profile
    • 10.1. Siemens
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Therapy portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
    • 10.2. Thermo Fisher Scientific
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Therapy portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. PerkinElmer
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Therapy portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. Danaher Corporation
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Therapy portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. QIAGEN
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Therapy portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Abbott Laboratories
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Therapy portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
    • 10.7. Becton, Dickinson and Company
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Therapy portfolio
      • 10.7.4. Business strategy
      • 10.7.5. Recent developments
    • 10.8. Bio-Rad Laboratories
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Therapy portfolio
      • 10.8.4. Business strategy
      • 10.8.5. Recent developments
    • 10.9. Chembio Diagnostic Systems
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Therapy portfolio
      • 10.9.4. Business strategy
      • 10.9.5. Recent developments
    • 10.10. F. Hoffmann-La Roche
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Therapy portfolio
      • 10.10.4. Business strategy
      • 10.10.5. Recent developments

List of Figures 

1. Market research application
2. Market research methodology
3. Global Lateral Flow Assay Market Revenue, 2016–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Lateral Flow Assay Market attractiveness analysis, by Product
6. Lateral Flow Assay Market attractiveness analysis, by Application
7. Lateral Flow Assay Market attractiveness analysis, by Technique
8. Lateral Flow Assay Market attractiveness analysis, by End-User
9. Lateral Flow Assay Market attractiveness analysis, by Region
10. Company market share analysis, 2018
11. Global Lateral Flow Assay Market Share by Product, 2018 and 2025
12. Global Lateral Flow Assay Market for Digital/Mobile Readers, 2016–2025 (USD Billion)
13. Global Lateral Flow Assay Market for Kits & Reagents, 2016–2025 (USD Billion)
14. Global Lateral Flow Assay Market for Benchtop Readers, 2016–2025 (USD Billion)
15. Global Lateral Flow Assay Market for Lateral Flow Readers, 2016–2025 (USD Billion)
16. Global Lateral Flow Assay Market Share by Application, 2018 and 2025
17. Global Lateral Flow Assay Market for Clinical Testing, 2016–2025 (USD Billion)
18.  Global Lateral Flow Assay Market for Quality Control, 2016–2025 (USD Billion)
19. Global Lateral Flow Assay Market for Veterinary Science, 2016–2025 (USD Billion)
20. Global Lateral Flow Assay Market for Drug Development, 2016–2025 (USD Billion)
21. Global Lateral Flow Assay Market Share by End-User, 2018 and 2025
22.  Global Lateral Flow Assay Market for Hospitals, 2016–2025 (USD Billion)
23. Global Lateral Flow Assay Market for Clinics, 2016–2025 (USD Billion)
24. Global Lateral Flow Assay Market for diagnostic laboratories, 2016–2025 (USD Billion)
25. Global Lateral Flow Assay Market for pharmaceutical companies, 2016–2025 (USD Billion)
26. Global Lateral Flow Assay Market for others, 2016–2025 (USD Billion)
27. Global Lateral Flow Assay Market Share by Region, 2018 and 2025
28. North America Lateral Flow Assay Market Revenue, 2016–2025 (USD Billion)
29. Europe Lateral Flow Assay Market Revenue, 2016–2025 (USD Billion)
30. Asia Pacific Lateral Flow Assay Market Revenue, 2016–2025 (USD Billion)
31. Latin America Lateral Flow Assay Market Revenue, 2016–2025 (USD Billion)
32. The Middle East and Africa Lateral Flow Assay Market Revenue, 2016–2025 (USD Billion)
 


List of Tables

1. Lateral Flow Assay Market: Snapshot
2. Drivers of the Global Lateral Flow Assay Market: Impact analysis
3. Restraints of the Global Lateral Flow Assay Market: Impact analysis
4. North America Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
5. North America Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
6. North America Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
7. North America Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
8. The U.S. Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
9. The U.S. Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
10. The U.S. Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
11. The U.S. Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
12. Rest of North America Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
13. Rest of North America Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
14. Rest of North America Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
15. Rest of North America Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
16. Europe Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
17. Europe Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
18. Europe Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
19. Europe Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
20. Germany Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
21. Germany Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
22. Germany Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
23. Germany Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
24. U.K. Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
25. U.K. Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
26. U.K. Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
27. U.K. Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
28. France Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
29. France Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
30. France Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
31. France Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
32. Rest of Europe Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
33. Rest of Europe Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
34. Rest of Europe Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
35. Rest of Europe Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
36. Asia Pacific Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
37. Asia Pacific Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
38. Asia Pacific Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
39. Asia Pacific Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
40. China Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
41. China Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
42. China Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
43. China Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
44. Japan Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
45. Japan Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
46. Japan Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
47. Japan Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
48. India Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
49. India Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
50. India Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
51. India Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
52. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
53. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
54. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
55. Rest of Asia Pacific Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
56. Latin America Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
57. Latin America Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
58. Latin America Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
59. Latin America Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
60. Brazil Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
61. Brazil Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
62. Brazil Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
63. Brazil Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
64. Rest of Latin America Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
65. Rest of Latin America Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
66. Rest of Latin America Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
67. Rest of Latin America Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
68. The Middle East and Africa Lateral Flow Assay Market Revenue, by Product, 2016–2025 (USD Billion)
69. The Middle East and Africa Lateral Flow Assay Market Revenue, by Application, 2016–2025 (USD Billion)
70. The Middle East and Africa Lateral Flow Assay Market Revenue, by Technique, 2016–2025 (USD Billion)
71. The Middle East and Africa Lateral Flow Assay Market Revenue, by End-User, 2016–2025 (USD Billion)
 

Methodology

Free Analysis

There are many technological devices used in food, environment, agriculture, and biomedicine sectors. The lateral flow assay (LFA), which is a detection device, is simple to use and easily portable. It provides an instant diagnosis directly to the patients and is used to detect the presence of analytes in sample mixtures where samples are placed for a specific period of time. Cost of development is low and it can be applied to various fields. It is also used to detect the presence of diseases, chemicals, pathogens, and pollutants. Samples of urine, sweat, saliva, plasma, blood, and serum are tested. They are widely used in industries, such as veterinary sciences, food safety, environmental science, and quality checks. There can also be multiple lines testing multiple samples for presence of analytes. This can be performed by chemical analysts via easy processes.

The increased penetration of the lateral flow assay market is largely due to the increase in geriatric population, the spread of infectious diseases, increase in disposable income, rise in the demand for lateral flow assay kits for testing at home, and growth in the point-of-care testing demand. It helps to detect cancer and is easy to manage due to its long-shelf-life and convenient storage. However, there are various issues that restrain this market from growing, such as inconsistency in results of the tests and stringent regulations. There are techniques developed to deal with inconsistencies and improve customer convenience, which will drive this market in the future.

Global Lateral Flow Assay Market

The lateral flow assay market is divided into based on product, application, technique, and end-user. Based on product, the market includes digital/mobile readers, kits and reagents, benchtop readers, and lateral flow readers. According to technique, the market comprises multiplex detection assay, sandwich assay, and competitive assay. By application, the market includes clinical testing, quality control, veterinary science, and drug development. Clinical testing is further segmented into cholesterol and lipid testing, drugs-of-abuse testing, infectious disease testing, pregnancy testing, and others. The end-user segment is fragmented into hospitals, diagnostic laboratories, pharmaceutical companies, and others.

North America is likely to be a significant contributor to the lateral flow assay market globally, owing to the increasing number of hospitals, strong insurance sector, and favorable government regulations. The European lateral flow assay market will grow due to its ease of operability, efficient resources planning, and government funding. It is feasible for quick and easy sourcing of LFA’s and presence of a large number of LFA kit manufacturing companies. The Asia Pacific region will register noticeable CAGR in the lateral flow assay market in the future, owing to the rapidly growing demand in India and Singapore due to an enhancement in healthcare infrastructure and rising number of healthcare facilities and hospitals.

Some key players in the lateral flow assay market are Siemens, Thermo Fisher Scientific, PerkinElmer, Danaher Corporation, QIAGEN, Abbott Laboratories, Becton, Dickinson and Company, Bio-Rad Laboratories, Chembio Diagnostic Systems, and F. Hoffmann-La Roche.

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