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Global Lateral Flow Assays Market Size study, By Product (Kits & Reagents, Benchtop Readers), By Application (Clinical Testing, Veterinary Diagnostics, Food Safety & Environment Testing, ), By Technique (Sandwich Assays, Competitive Assays, Multiplex Detection Assays) By End-use (Hospitals & Clinics, Diagnostic Laboratories, Home Care, Pharmaceutical & Biotechnology Companies, Others) and Regional Forecasts 2021-2027

January 2022 | 200 pages | ID: GB3009F49C52EN
Bizwit Research & Consulting LLP

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Global Lateral Flow Assays Market is valued at approximately USD 7.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.0 % over the forecast period 2021-2027. Lateral Flow Assays is a detection technique majorly used in hospitals for rapid testing. It takes only 5-30 mins to provide the result. LFA’s are mainly used for the detection of antibodies, antigens, and various biological sample testing. Due to the expanded application of lateral flow assays, these are broadly used in biomedicine, agriculture, and environmental sciences. Rising demand for point-of-care testing has led to the adoption of Lateral Flow Assays across the forecast period. For Instance: according to the Royal Society of Chemistry in 2021. the lateral flow assays are the simplest and majorly used biosensors for analytical detection used for point-of-care diagnostic applications in various diseases such as malaria, influenza, tuberculosis, and HIV etc. LFA’s are also widely used in environmental monitoring, food safety testing and biological agent detection. Increasing incidences of infectious diseases and chronic diseases push the market growth of lateral flow assays. However, the popularity of already existing techniques such as PCR and molecular diagnostics impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing usage of home-based lateral flow assay devices, the adoption & demand for Lateral Flow Assays is likely to increase the market growth during the forecast period.

The regional analysis of the global Lateral Flow Assays market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to the growing incidences of respiratory infections, rising government funding for research and presence of advanced healthcare infrastructure. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising demand due to increasing cases of chronic diseases would create lucrative growth prospects for the Lateral Flow Assays market across Asia-Pacific region.

Major market players included in this report are:
Abbott
Thermo Fisher Scientific, Inc.
F. Hoffmann-La Roche AG
Bio-rad Laboratories, Inc.
Biomйrieux SA
Quidel Corporation
Hologic, Inc.
Perkinelmer, Inc.
Merck KGAA
Becton, Dickinson and Company


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
A Kits & Reagents
Lateral Flow Readers
By Application:
Clinical Testing
Veterinary Diagnostics
Food Safety & Environment Testing
Drug Development & Quality Testing
By Technique:
Sandwich Assays
Competitive Assays
Multiplex Detection Assays
By End-Use:
Hospitals & Clinics
Diagnostic Laboratories
Home Care
Pharmaceutical & Biotechnology Companies
Others



By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Lateral Flow Assays Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Global Lateral Flow Assays Market, by Region, 2019-2027 (USD Billion)
  1.2.2. Global Lateral Flow Assays Market, by Product, 2019-2027 (USD Billion)
  1.2.3. Global Lateral Flow Assays Market, by Application, 2019-2027 (USD Billion)
  1.2.4. Global Lateral Flow Assays Market, by Technique, 2019-2027 (USD Billion)
  1.2.5. Global Lateral Flow Assays Market, by End-use, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL LATERAL FLOW ASSAYS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL LATERAL FLOW ASSAYS MARKET DYNAMICS

3.1. Lateral Flow Assays Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Rising demand for Point-of-Care Testing
    3.1.1.2. Increasing incidences of infectious diseases and chronic diseases
  3.1.2. Market Challenges
    3.1.2.1. Popularity of already existing techniques such as PCR and molecular Diagnostics
  3.1.3. Market Opportunities
    3.1.3.1. Increasing usage in Home-based lateral flow assay devices

CHAPTER 4. GLOBAL LATERAL FLOW ASSAYS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL LATERAL FLOW ASSAYS MARKET, BY PRODUCT

5.1. Market Snapshot
5.2. Global Lateral Flow Assays Market by Product, Performance - Potential Analysis
5.3. Global Lateral Flow Assays Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.4. Lateral Flow Assays Market, Sub Segment Analysis
  5.4.1. A Kits & Reagents
  5.4.2. Lateral Flow Readers

CHAPTER 6. GLOBAL LATERAL FLOW ASSAYS MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Lateral Flow Assays Market by Application Performance - Potential Analysis
6.3. Global Lateral Flow Assays Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Lateral Flow Assays Market, Sub Segment Analysis
  6.4.1. Clinical Testing
  6.4.2. Veterinary Diagnostics
  6.4.3. Food Safety & Environment Testing
  6.4.4. Drug Development & Quality Testing

CHAPTER 7. GLOBAL LATERAL FLOW ASSAYS MARKET, BY TECHNIQUE

7.1. Market Snapshot
7.2. Global Lateral Flow Assays Market by Technique Performance - Potential Analysis
7.3. Global Lateral Flow Assays Market Estimates & Forecasts by Technique 2018-2027 (USD Billion)
7.4. Lateral Flow Assays Market, Sub Segment Analysis
  7.4.1. Sandwich Assays
  7.4.2. Competitive Assays
  7.4.3. Multiplex Detection Assays

CHAPTER 8. GLOBAL LATERAL FLOW ASSAYS MARKET, BY END-USE

8.1. Market Snapshot
8.2. Global Lateral Flow Assays Market by End-use Performance - Potential Analysis
8.3. Global Lateral Flow Assays Market Estimates & Forecasts by End-use 2018-2027 (USD Billion)
8.4. Lateral Flow Assays Market, Sub Segment Analysis
  8.4.1. Hospitals & Clinics
  8.4.2. Diagnostic Laboratories
  8.4.3. Home Care
  8.4.4. Pharmaceutical & Biotechnology Companies
  8.4.5. Others

CHAPTER 9. GLOBAL LATERAL FLOW ASSAYS MARKET, REGIONAL ANALYSIS

9.1. Lateral Flow Assays Market, Regional Market Snapshot
9.2. North America Lateral Flow Assays Market
  9.2.1. U.S. Lateral Flow Assays Market
    9.2.1.1. Product breakdown estimates & forecasts, 2018-2027
    9.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    9.2.1.3. Technique breakdown estimates & forecasts, 2018-2027
    9.2.1.4. End-use breakdown estimates & forecasts, 2018-2027
  9.2.2. Canada Lateral Flow Assays Market
9.3. Europe Lateral Flow Assays Market Snapshot
  9.3.1. U.K. Lateral Flow Assays Market
  9.3.2. Germany Lateral Flow Assays Market
  9.3.3. France Lateral Flow Assays Market
  9.3.4. Spain Lateral Flow Assays Market
  9.3.5. Italy Lateral Flow Assays Market
  9.3.6. Rest of Europe Lateral Flow Assays Market
9.4. Asia-Pacific Lateral Flow Assays Market Snapshot
  9.4.1. China Lateral Flow Assays Market
  9.4.2. India Lateral Flow Assays Market
  9.4.3. Japan Lateral Flow Assays Market
  9.4.4. Australia Lateral Flow Assays Market
  9.4.5. South Korea Lateral Flow Assays Market
  9.4.6. Rest of Asia Pacific Lateral Flow Assays Market
9.5. Latin America Lateral Flow Assays Market Snapshot
  9.5.1. Brazil Lateral Flow Assays Market
  9.5.2. Mexico Lateral Flow Assays Market
9.6. Rest of The World Lateral Flow Assays Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Abbott
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Thermo Fisher Scientific, Inc.
  10.2.3. F. Hoffmann-La Roche AG
  10.2.4. Bio-rad Laboratories, Inc.
  10.2.5. Biomйrieux SA
  10.2.6. Quidel Corporation
  10.2.7. Hologic, Inc.
  10.2.8. Perkinelmer, Inc.
  10.2.9. Merck KGAA
  10.2.10. Becton, Dickinson and Company

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Lateral Flow Assays market, report scope
TABLE 2. Global Lateral Flow Assays market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Lateral Flow Assays market estimates & forecasts by Product 2018-2027 (USD Billion)
TABLE 4. Global Lateral Flow Assays market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 5. Global Lateral Flow Assays market estimates & forecasts by Technique 2018-2027 (USD Billion)
TABLE 6. Global Lateral Flow Assays market estimates & forecasts by End-use 2018-2027 (USD Billion)
TABLE 7.
TABLE 8. Global Lateral Flow Assays market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Lateral Flow Assays market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Lateral Flow Assays market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Lateral Flow Assays market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Lateral Flow Assays market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Lateral Flow Assays market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Lateral Flow Assays market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Lateral Flow Assays market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Lateral Flow Assays market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Lateral Flow Assays market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. U.S. Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. U.S. Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 20. U.S. Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. Canada Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. Canada Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 23. Canada Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. UK Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 25. UK Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. UK Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Germany Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 28. Germany Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. Germany Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. RoE Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 31. RoE Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. RoE Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. China Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 34. China Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. China Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. India Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 37. India Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. India Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Japan Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 40. Japan Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. Japan Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. RoAPAC Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 43. RoAPAC Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. RoAPAC Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Brazil Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 46. Brazil Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. Brazil Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. Mexico Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 49. Mexico Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. Mexico Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. RoLA Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 52. RoLA Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. RoLA Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Row Lateral Flow Assays market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 55. Row Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. Row Lateral Flow Assays market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 57. List of secondary sources, used in the study of global Lateral Flow Assays market
TABLE 58. List of primary sources, used in the study of global Lateral Flow Assays market
TABLE 59. Years considered for the study
TABLE 60. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Lateral Flow Assays market, research methodology
FIG 2. Global Lateral Flow Assays market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Lateral Flow Assays market, key trends 2020
FIG 5. Global Lateral Flow Assays market, growth prospects 2021-2027
FIG 6. Global Lateral Flow Assays market, porters 5 force model
FIG 7. Global Lateral Flow Assays market, pest analysis
FIG 8. Global Lateral Flow Assays market, value chain analysis
FIG 9. Global Lateral Flow Assays market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Lateral Flow Assays market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Lateral Flow Assays market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Lateral Flow Assays market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Lateral Flow Assays market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Lateral Flow Assays market, regional snapshot 2018 & 2027
FIG 15. North America Lateral Flow Assays market 2018 & 2027 (USD Billion)
FIG 16. Europe Lateral Flow Assays market 2018 & 2027 (USD Billion)
FIG 17. Asia pacific Lateral Flow Assays market 2018 & 2027 (USD Billion)
FIG 18. Latin America Lateral Flow Assays market 2018 & 2027 (USD Billion)
FIG 19. Global Lateral Flow Assays market, company market share analysis (2020)


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