The Business Research Company’s report goes into great detail on the lateral flow assays market size and growth, lateral flow assays market regional analysis, lateral flow assays market competitive landscape, and other critical information needed to excel in the lateral flow assays industry.

Major players in the lateral flow assays market include Abbott Laboratories, Quidel Corporation, Roche Holding AG, Danaher Corporation, Siemens AG, Merck KGaA, bioMérieux SA, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., Hologic Inc., QIAGEN N.V., Becton, Dickinson and Company, and Abcam plc.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global lateral flow assays market size is expected to grow from $9.75 billion in 2021 to $10.39 billion in 2022 at a compound annual growth rate (CAGR) of 6.55%. The global lateral flow assay market size is expected to grow to $12.52 billion in 2026 at a CAGR of 4.78%.

North America was the largest region in the lateral flow assays market in 2021.

The lateral flow assays market consists of the sale of lateral flow assays products by entities (organizations, sole traders, and partnerships) that paper-based point of care diagnostic tools used to detect an analyte’s presence or absence in a sample. A lateral flow assay (LFA) is made up of four parts: a sample pad where the sample is dropped, a conjugate pad where labelled tags and biorecognition elements are combined, a reaction membrane with test and control lines for target antigen-antibody interaction, and an absorbent pad where waste is stored. These tests are frequently employed for qualitative and quantitative detection of specific antigens and antibodies to test infectious diseases, cardiac indicators, pregnancy and fertility, cholesterol testing/lipid profile, and drug addiction.

The high prevalence of infectious diseases across the globe significantly contributes to the growth of the lateral flow assay market.

Request a Sample of the Global Lateral Flow Assays Market Report

Technological advancements are the key trends gaining popularity in the lateral flow assays market. Key players operating in the lateral flow assays market are focusing on developing innovative technological testing products to strengthen their position in the market.

TBRC’s Global Lateral Flow Assays Market Report Is Segmented:
By Type: Kits and Reagents, Lateral Flow Readers

By Technique: Sandwich Assays, Competitive Assays, Multiplex Detection Assays

By Application: Veterinary Diagnostics, Clinical/Point-of-Care Testing, Drug Development and Quality Testing, Others

By End-User: Hospitals and Clinics, Diagnostic Laboratories, Home Care Settings, Pharmaceutical and Biotechnology Companies, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Lateral Flow Assays Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the lateral flow assays market globally and regionally, analyzes and forecasts market size, share, lateral flow assays market players, lateral flow assays market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Cell Based Assays Global Market Report 2022

Multiplex Assays Global Market Report 2022

Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2022

Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

Follow us on Twitter: https://twitter.com/tbrc_info

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: