Lateral Flow Assay Market –Industry Global Trends, Growth, Opportunities, Market Size Forecast to 2027
lateral flow assay
market is analyzed by Data Bridge
Market Research, wherein we have accounted for the market to witness a
potential growth rate of 6.79% in the forecasted period of 2020 to 2027,
resulting in the market reaching a cap of USD 10.72 billion by the end of the
forecasted period. High consumption rate for home-based lateral flow testing
products and solutions which have been combined with the requirement of better
form of point-of-care testing products, these factors are acting as the growth
drivers for lateral flow assay market in the above-mentioned forecasted period
of 2020 to 2027
This lateral flow assay
market report provides details of new recent developments, trade regulations,
import export analysis, production analysis, value chain optimization, market
share, impact of domestic and localised market players, analyses opportunities
in terms of emerging revenue pockets, changes in market regulations, strategic
market growth analysis, market size, category market growths, application
niches and dominance, product approvals, product launches, geographic
expansions, technological innovations in the market. To gain more info on Data
Bridge Market Research lateral flow assay market contact us for an Analyst
Brief, our team will help you take an informed market decision to achieve
market growth. Lack of preference from the consumers to shift from traditional
method of diagnostic testing and adopting advanced methods, as well as the
excise duty implementation of a significant volume on the trading of medical
devices are expected to restrain the market growth in the above-mentioned
forecasted period of 2020 to 2027.
Global Lateral Flow Assay Market By Product (Kits & Reagents, Lateral Flow
Readers), Technique (Sandwich Assays, Competitive Assays, Multiplex Detection
Assays), Application (Clinical/POC Testing, Veterinary Diagnostics, Food Safety
& Environment Testing, Drug Development & Quality Testing), End User
(Hospitals & Clinics, Home Care, Pharmaceutical & Biotechnology
Companies, Diagnostic Laboratories, Others), Distribution Channel (Hospital
Pharmacies, Retail Pharmacies, Supermarket/Hypermarket, E-Commerce), Country
(U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland,
Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India,
South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines,
Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa,
Saudi Arabia, UAE, Egypt, Israel, Rest of Middle E lateral
flow assay market ast & Africa), Industry Trends and Forecast to 2027
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Global Lateral Flow
Assay Market Scope and Market Size:
Lateral flow
assay market is segmented on the basis of product, technique, application, end
user and distribution channel. The growth amongst these segments will help you
analyse meagre growth segments in the industries, and provide the users with
valuable market overview and market insights to help them in making strategic
decisions for identification of core market applications.
Based on
product, the lateral flow assay market is segmented into kits & reagents
and lateral flow readers. Kits & reagents have been sub-segmented into test
strip, dipstick, cassette and lancets; Lateral flow readers are sub-segmented
into digital/mobile readers and benchtop readers.
Based on
technique, the lateral flow assay market is segmented into sandwich assays,
competitive assays and multiplex detection assays.
On the basis
of application, the lateral flow assay market is segmented into clinical/POCT
testing, veterinary diagnostics, food safety & environment testing and drug
development & quality testing. Clinical/POC (Point-of-Care) testing is
sub-segmented into infectious disease testing, cardiac marker testing,
pregnancy & fertility testing, cholesterol testing/lipid profile, drugs of
abuse testing and other clinical/POC (Point-of-Care) testing. Infectious
disease testing is sub-segmented into mosquito-borne disease testing, influenza
testing, sexually transmitted infection testing, hepatitis, tuberculosis and
other infectious disease tests. Sexually transmitted infection testing are
further segmented into HIV testing, HPV testing, chlamydia testing, gonorrhea
testing, syphilis testing and other sexually transmitted infection testing.
Cardiac marker testing are sub-segmented into troponin I & T testing, CK-MB
testing, BNP & NT-Propbnp Testing, myoglobolin testing, D-dimer testing and
other cardiac marker tests. Pregnancy & fertility testing are sub-segmented
into pregnancy testing and fertility testing.
On the basis
of end user, the lateral flow assay market is segmented as hospitals &
clinics, home care, pharmaceutical & biotechnology companies, diagnostic
laboratories and others.
Lateral flow
assay market has also been segmented into hospital pharmacies, retail
pharmacies, supermarket/hypermarket and e-commerce on the basis of distribution
channel.
Key Market
Competitors:
The major players covered in
the lateral flow assay market report are F. Hoffmann-La Roche Ltd, Siemens
Healthcare GmbH, BD, bioMérieux SA, Bio-Rad Laboratories, Inc., Thermo Fisher
Scientific Inc., QIAGEN, PerkinElmer Inc., Abbott, Hologic, Inc., Quidel
Corporation, ABINGDON HEALTH, Trinity Biotech Ireland, Lumos Diagnostics, Merck
KGaA, Cytodiagnostics Inc. among other domestic and global players. Market
share data is available for global, North America, Europe, Asia-Pacific (APAC),
South America and Middle East and Africa (MEA) separately. DBMR analysts
understand competitive strengths and provide competitive analysis for each
competitor separately.
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Table of Content@https://www.databridgemarketresearch.com/toc/?dbmr=global-lateral-flow-assay-market
Reasons for Buying
this Lateral flow assay market Report:
Laser Capture Lateral flow assay market report aids in
understanding the crucial product segments and their perspective.
Initial graphics and exemplified that a SWOT evaluation of
large sections supplied from the Laser Capture Lateral flow assay market
industry.
Even the Laser Capture Lateral flow assay market economy
provides pin line evaluation of changing competition dynamics and retains you
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This report provides a more rapid standpoint on various
driving facets or controlling Medical Robotic System promote advantage.
This worldwide Locomotive report provides a pinpoint test
for shifting dynamics that are competitive.
The key questions
answered in this report:
What will be the Market Size and Growth Rate in the forecast
year?
What is the Key Factors driving Laser Capture Lateral flow
assay market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Lateral flow assay market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model?
Which are the Global Opportunities for expanding the Lateral
flow assay market?
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