Global Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Size, Forecasts, And Opportunities
Learn about the global Lateral Flow Immunoassay (LFIA) Based Rapid Test market through The Business Research Company, which provides information on LFIA based rapid test market size, LFIA based rapid test market drivers and restraints, LFIA based rapid test market players, the COVID-19 impact on the LFIA based rapid test market, and more.
The global lateral flow immunoassay based rapid test market size is expected to grow from $6.08 billion in 2021 to $6.66 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global LFIA -based rapid test market size is expected to grow to $9.08 billion in 2026 at a CAGR of 8.1%.
The demand for point-of-care testing under home care settings is expected to drive the LFIA based rapid test market. Point-of-care (POCT) testing is essential for rapid on-site diagnosis and treatment.
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The lateral flow immunoassay (LFIA) based rapid test market consists of sales of devices and equipment used to run lateral flow immunoassays based rapid test and related services by companies that develop LFIA -based rapid test equipment. These are testing devices used to assess the existence of a target, such as pathogens or biomarkers, in samples obtained from the human body or animals, or pollutants in water sources, food, or animal feed.
Global Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Segments Include:
By Technique: Competitive Assay, Sandwich Assay, Multiplex Detection Assay
By End-User: Hospital and Clinic, Diagnostic Laboratory, Home Care, Other
By Application: Infectious Disease, Pregnancy and Fertility, Toxicology, Other
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the lateral flow immunoassay based rapid test market in 2021.
Companies are collaborating to launch new products.
TBRC’s lateral flow immunoassay (LFIA) based rapid test market report covers:
Major Market Players: Abbott Laboratories, F. Hoffmann-La Roche, Danaher Corporation, Siemens AG, Becton, Dickinson and Company, bioMérieux, Bio-Rad Laboratories, Thermo Fisher Scientific, QIAGEN NV, and Hologic Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-2021) and ten years forecast (2022-2026-2031)
The Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides lateral flow immunoassay (LFIA) based rapid test market overviews, analyzes and forecasts market size, share, LFIA based rapid test market players, LFIA based rapid test market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s lateral flow immunoassay (LFIA) based rapid test market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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