Global Lateral flow assay market report provides all the recent trends and all the changes of industry. The Lateral flow assay Industry is expected to grow at a substantial Compound Annual Growth Rate (CAGR) during the forecast period 2018-2025.Lateral flow assay market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2025. It covers major manufacturers, suppliers, distributors, traders, customers, investors and major types, major applications.
Global Lateral Flow Assay Market is expected to reach USD 10.67 billion by 2025, from USD 5.72 billion in 2017 growing at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Key Developments in the Market:
- In July 2018, Abingdon Health (U.K.) launched ADxLR5 Developer. This product is eveloped for lateral flow assay. Through this product launch the company had expanded its product portfolio.
- In November 2017, Sygnis AG (U.K.) have launched lateral-flow assay products and services commercialized under the brand name Innova Biosciences. Through this product launch the company had expanded its lateral flow assays product portfolio.
Competitors/Players: Global Lateral Flow Assay Market
- Danaher Corporation,
- Johnson & Johnson,
- Becton Dickinson,
- Bio-Rad Laboratories,
- Thermo Fisher Scientific,
- Qiagen, Perkinelmer, Inc.,
- Hologic, Inc.,
- Abingdon Health,
- Alere, Inc,
- Trinity Biotech,
- Lumos Diagnostics
- among others.
Competitive Analysis: Global Lateral Flow Assay Market
The global lateral flow assay market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of lateral flow assay market for global, Europe, North America, Asia Pacific and South America.
Table of Contents:
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Lateral flow assay Market
8 Lateral flow assay Market, By Service
9 Lateral flow assay Market, By Deployment Type
10 Lateral flow assay Market, By Organization Size
11 Lateral flow assay Market Analyses, By Vertical
12 Geographic Analyses
- North America
- South America
- Middle East & Africa
13 Competitive Landscapes
14 Detailed Company Profiles
15 Related Reports
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Drivers and Restraints:
- High prevalence of infectious diseases
- Rapidly increasing geriatric population
- Growing usage of home-based lateral flow assay devices
- Growing demand for point-of-care testing
- Lack of trained care takers for efficient operation of patient handling equipment
- Less reimbursements policies for lateral flow assay products
- Rising demand for lateral flow assays in the food & beverage industry
- Increasing applications of lateral flow point-of-need assays.
How will this Market Intelligence Report Benefit You?
- The report offers statistical data in terms of value (US$) as well as Volume (units) till 2025.
- Exclusive insight into the key trends affecting the Lateral flow assay industry, although key threats, opportunities and disruptive technologies that could shape the Global Lateral flow assay Market supply and demand.
- The report tracks the leading market players that will shape and impact the Global Lateral flow assay Market most.
- The data analysis present in the Lateral flow assay report is based on the combination of both primary and secondary resources.
- The report helps you to understand the real effects of key market drivers or restrainers on Lateral flow assay business.
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Market Segmentation: Global Lateral Flow Assay Market
The global lateral flow assay market is segmented based on
- end user
Based on product the global lateral flow assay market is segmented into
- Kits & Reagents,
- Lateral Flow Readers.
Lateral flow readers are further sub segmented into
- digital/mobile readers
- benchtop readers.
Based on technique the global lateral flow assay market is segmented into
- sandwich assays,
- competitive assays
- multiplex detection assays.
Based on application the global lateral flow assay market is segmented into
- clinical/point-of-care testing,
- veterinary diagnostics,
- food safety & environment testing,
- drug development & quality testing.
Clinical/Point-of-Care testing is further sub-segmented into
- cardiac marker testing
- pregnancy & fertility testing,
- cholesterol/lipid testing,
- drugs-of-abuse testing infectious disease testing
Based on End User the global lateral flow assay market is segmented into
- hospitals and clinics,
- home care,
- pharmaceutical and
- biotechnology companies
- diagnostic laboratories,
Based on geography, the market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Asia-Pacific and,
- Middle East & Africa.
What Report offers to the buyers?
- To gain insightful analyses of the Lateral flow assay Industry and have comprehensive understanding of the global market and its commercial landscape.
- To understand the future outlook and prospects for the Lateral flow assay market with Marketing & Price (Price and Margin, Factors of Price Change, Manufacturers Gross Margin Analysis).
- Assess the production processes, major issues, and solutions.
- Market strategies that are being adopted by leading respective organizations
- Get a detailed picture of the Lateral flow assay Industry.
- Understand the competitive environment, major players and leading brands
- Seven-year forecasts to assess how the Lateral flow assay market is predicted to develop.
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