Lateral Flow Assay Market: Facts, Figures And Analytical Insights, 2021 To 2027

Posted by Shefali Malhotra on April 5th, 2021

The global Lateral Flow Assay market was valued at US$ xx million in the year 2019. The market is estimated to be valued at US$ xx million in the year 2020, and is expected to reach US$ xx million by the year 2027, with an estimated CAGR of xx% during the forecast period (2021-2027). The research study also includes exhaustive information about market dynamics such as drivers, restraints, opportunities, technological advancements, future            trends, supply chain analysis, patent landscape, pricing analysis, regulatory and reimbursement framework for precise market estimations and forecasts.

Additionally, the business intelligence study encompasses the COVID-19 scenario as follows:

  • Long-Term, Mid-Term, and Short-Term Impact of COVID-19
  • Pre- and Post-COVID-19 Scenario
  • Disruptions in the Supply Chain

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Competitive Insights

Leading and emerging companies of the global Lateral Flow Assay market were identified based on their current offerings. Further, the Lateral Flow Assay industry is one of the most competitive industries, with the leading players actively competing against each other to gain a greater share in the industry. Some of the major companies in the Lateral Flow Assay market are: Abbott Laboratories, F. Hoffmann-La Roche AG, Siemens AG, Danaher Corporation, bioMérieux SA, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., Hologic Inc., Qiagen NV, Quidel Corporation, and Merck KGaA, among others.

The competitive landscape of the Lateral Flow Assay industry exhibits an inclination towards emerging strategies including product launches, partnerships, collaborations and contracts, acquisitions, funding, and other developments to achieve the objectives faster.

Our reports fill up the gaps and provide you with all the detailed analysis of competitive companies involving:

  • Analyzing competitive strategies and techniques
  • Competitive positioning of key players
  • PORTER’s and SWOT analysis for competitive risk analysis
  • Competitive Share Analysis
  • Financial analysis of players to determine their withstand capacity
  • Analyzing their sales path and product study

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Key Segments Covered in the global Lateral Flow Assay market report are:

  • By Product Type: (Kits & Reagents and Lateral Flow Readers (Digital/Mobile Readers and Benchtop Readers)
  • By Application: (Clinical Testing (Infectious Diseases Testing (Mosquito-borne Disease Testing, Influenza Testing, Sexually Transmitted Infection Testing, Hepatitis Testing, Tuberculosis Testing, and Other Infectious diseases), Cardiac Markers (Troponin I and T Testing, CK-MB Testing, BNP or NT-proBNP Testing, Myoglobin Testing, D-Dimer Testing, and Other Cardiac Marker Testing), Pregnancy & Fertility Testing (Pregnancy Testing and Fertility Testing), Cholesterol/Lipid Testing, Drugs of Abuse Testing, Other Clinical Tests), Veterinary Diagnostics, Drug Development & Quality Testing and Food Safety & Environmental Safety)

Regional Coverage:

The global Lateral Flow Assay market segregates into five regions including North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America followed by Europe held the major share of the global market (in terms of value) in 2020. However, Asia-Pacific region exhibit highest CAGR (%) during the forecast period (2021-2027). Our research study further sub-divides regions into countries as follows:

  • North America - the U.S. and Canada
  • Europe - Germany, the U.K., France, Spain, Italy, Russia, and Rest-of-Europe
  • Asia-Pacific - China, India, Japan, South Korea, Australia, ASEAN, and Rest-of-Asia-Pacific
  • Latin America - Mexico, Brazil, and Rest-of-Latin America
  • Middle East and Africa - Gulf Cooperation Council (GCC) Countries, South Africa, Israel, and Rest-of-Middle East and Africa

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Shefali Malhotra

About the Author

Shefali Malhotra
Joined: February 3rd, 2021
Articles Posted: 140

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