{"id":47355,"date":"2022-08-16T19:01:47","date_gmt":"2022-08-16T17:01:47","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/global-lateral-flow-assay-market-report-to-2029-featuring-abbott-laboratories-danaher-and-biomerieux-among-others-researchandmarkets-com\/"},"modified":"2022-08-16T19:01:47","modified_gmt":"2022-08-16T17:01:47","slug":"global-lateral-flow-assay-market-report-to-2029-featuring-abbott-laboratories-danaher-and-biomerieux-among-others-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/global-lateral-flow-assay-market-report-to-2029-featuring-abbott-laboratories-danaher-and-biomerieux-among-others-researchandmarkets-com\/","title":{"rendered":"Global Lateral Flow Assay Market Report to 2029 &#8211; Featuring Abbott Laboratories, Danaher and bioMerieux Among Others &#8211; ResearchAndMarkets.com"},"content":{"rendered":"<div>\n<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5607099\/lateral-flow-assay-market-analysis-by-application?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=47v6tx&amp;utm_campaign=1738949+-+Global+Lateral+Flow+Assay+Market+Report+to+2029+-+Featuring+Abbott+Laboratories%2C+Danaher+and+bioMerieux+Among+Others&amp;utm_exec=jamu273prd\" rel=\"nofollow noopener\" shape=\"rect\">&#8220;Lateral Flow Assay Market Analysis by Application (Drug Development &amp; Quality Testing, Testing), by Product (Lateral Flow Readers, Kits &amp; Reagents by Technique (Competitive Assays, Sandwich Assays), by Sample Type, and by Region &#8211; Forecast to 2029&#8221;<\/a> report has been added to <strong>ResearchAndMarkets.com&#8217;s<\/strong> offering.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220816005781\/en\/1545857\/4\/logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220816005781\/en\/1545857\/21\/logo.jpg\"><\/a><\/p>\n<p>\nThe global lateral flow assay market size is estimated to be USD 7.91 billion in 2021 and is expected to witness a CAGR of 5.23% during the forecast period.\n<\/p>\n<p>\n<strong>Companies Mentioned<\/strong>\n<\/p>\n<ul>\n<li>\nAbbott Laboratories (U.S.)\n<\/li>\n<li>\nF. Hoffman-La Roche Ltd. (Switzerland)\n<\/li>\n<li>\nDanaher Corporation (U.S.)\n<\/li>\n<li>\nSiemens AG (Germany)\n<\/li>\n<li>\nBecton\n<\/li>\n<li>\nDickinson and Company (U.S.)\n<\/li>\n<li>\nbioMerieux (France)\n<\/li>\n<li>\nBio-Rad Laboratories (U.S.)\n<\/li>\n<li>\nThermo Fisher Scientific Inc. (U.S.)\n<\/li>\n<li>\nPerkinElmer Inc. (U.S.)\n<\/li>\n<li>\nHologic Inc. (U.S.)\n<\/li>\n<\/ul>\n<p>\nIncreasing incidences of infectious diseases globally is a key driver for the growth of the global lateral flow assay market.\n<\/p>\n<p>\nAdditionally, rapid increase in geriatric population and growth in use of home-based lateral flow assay devices in the lateral flow assay market are some of the other drivers propelling the market growth. Nevertheless, lower accurateness of lateral flow assay tests and restricted compensations for lateral flow assay products are expected to restrain the global market growth.\n<\/p>\n<p>\n<strong>By Application<\/strong>\n<\/p>\n<p>\nBased on application, the market is categorized into drug development &amp; quality testing, testing, veterinary diagnostics, and food safety &amp; environment testing. In 2021, the testing segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to the adoption of point of care testing devices for qualitative and quantitative analysis worldwide. The drug development &amp; quality testing segment is anticipated to grow at a profitable CAGR during the forecast period, due the launch of new testing techniques being used for developing various drugs and for checking the quality.\n<\/p>\n<p>\n<strong>By Product<\/strong>\n<\/p>\n<p>\nBased on product, the market is segmented into lateral flow readers and kits &amp; reagents. In 2021, the lateral flow readers segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is attributed to the lateral flow readers being extremely sensitive and enumerate and precisely capture and transmit data worldwide. Kits &amp; reagents segment projected to grow at a profitable CAGR during the forecast period. This is attributed to the growing initiatives by various public and private organizations in development of technology for lateral flow assay market.\n<\/p>\n<p>\n<strong>By Technique<\/strong>\n<\/p>\n<p>\nBased on technique, the market is categorized into competitive assays, sandwich assays, and multiplex detection assays. In 2021, the sandwich assays segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to widespread applications of these assays in clinical testing application worldwide. The multiplex detection assays segment is anticipated to grow at a profitable CAGR during the forecast period, due to the advantages related with the use of these assays, such as high sensitivity and specificity for larger analysis.\n<\/p>\n<p>\n<strong>By Sample Type<\/strong>\n<\/p>\n<p>\nBased on sample type, the market is categorized into urine samples, blood samples, saliva samples, and other samples. In 2021, the other samples segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to surge in R&amp;D and the necessity for more specific and precise disease testing worldwide. The blood samples segment is anticipated to grow at a profitable CAGR during the forecast period, due to the number of tests that can be conducted by collecting blood samples and arriving at correct diagnosis.\n<\/p>\n<p>\n<strong>Regional Insights<\/strong>\n<\/p>\n<p>\nIn 2021, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the change in various regulation, growing geriatric population, growth in initiatives from government, accessibility of technological advanced products in the region. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the increasing cases of COVID 19, growing government and corporate investment in healthcare sector, aged population, and availability of skilled labour forces at economic costs, are the major factors in this region.\n<\/p>\n<p>\n<strong>Key Topics Covered:<\/strong>\n<\/p>\n<p>\n<strong>1. Research Methodology<\/strong>\n<\/p>\n<p>\n<strong>2. Introduction: Lateral Flow Assay<\/strong>\n<\/p>\n<p>\n<strong>3. Executive Summary<\/strong>\n<\/p>\n<p>\n<strong>4. Market Dynamics<\/strong>\n<\/p>\n<p>\n4.1. Market Drivers\n<\/p>\n<p>\n4.2. Market Restraint\n<\/p>\n<p>\n4.3. Market Opportunities\n<\/p>\n<p>\n4.4. Market Trends\n<\/p>\n<p>\n4.5. Market Challenges\n<\/p>\n<p>\n<strong>5. Market Environment Analysis<\/strong>\n<\/p>\n<p>\n<strong>6. COVID-19 Impact Analysis: Lateral Flow Assay Market<\/strong>\n<\/p>\n<p>\n<strong>7. Market Analysis by Application<\/strong>\n<\/p>\n<p>\n<strong>8. Market Analysis by Product<\/strong>\n<\/p>\n<p>\n<strong>9. Market Analysis by Technique<\/strong>\n<\/p>\n<p>\n<strong>10. Market Analysis by Sample Type<\/strong>\n<\/p>\n<p>\n<strong>11. Regional Market Analysis<\/strong>\n<\/p>\n<p>\n11.1. Regional Market Trends\n<\/p>\n<p>\n11.2. Regional Market: Comparative Analysis\n<\/p>\n<p>\n<strong>12. North America Lateral Flow Assay Market<\/strong>\n<\/p>\n<p>\n<strong>11. Europe Lateral Flow Assay Market<\/strong>\n<\/p>\n<p>\n<strong>12. Asia Pacific Lateral Flow Assay Market<\/strong>\n<\/p>\n<p>\n<strong>13. Latin America Lateral Flow Assay Market<\/strong>\n<\/p>\n<p>\n<strong>14. MEA Lateral Flow Assay Market<\/strong>\n<\/p>\n<p>\n<strong>15. Competitor Analysis<\/strong>\n<\/p>\n<p>\n15.1. Market Share Analysis, 2021 &amp; 2029\n<\/p>\n<p>\n15.2. Competitive Mapping\n<\/p>\n<p>\n15.3. Key Players Market Place Analysis\n<\/p>\n<p>\n15.4. Major Recent Developments\n<\/p>\n<p>\n<strong>16. Company Profiles<\/strong>\n<\/p>\n<p>\n<strong>17. Conclusion &amp; Recommendations<\/strong>\n<\/p>\n<p>\nFor more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5607099\/lateral-flow-assay-market-analysis-by-application?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=47v6tx&amp;utm_campaign=1738949+-+Global+Lateral+Flow+Assay+Market+Report+to+2029+-+Featuring+Abbott+Laboratories%2C+Danaher+and+bioMerieux+Among+Others&amp;utm_exec=jamu273prd\" rel=\"nofollow noopener\" shape=\"rect\">https:\/\/www.researchandmarkets.com\/r\/m6dnj4<\/a>\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nResearchAndMarkets.com<br \/>\n<br \/>Laura Wood, Senior Press Manager<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;a&#x69;l&#x74;&#111;&#x3a;&#112;&#x72;&#101;s&#x73;&#64;&#x72;&#101;&#x73;&#101;&#x61;&#114;&#x63;&#104;a&#x6e;d&#x6d;&#97;&#x72;&#107;&#x65;&#116;s&#x2e;c&#x6f;&#109;\" rel=\"nofollow noopener\" shape=\"rect\">&#112;&#x72;&#x65;&#115;&#x73;&#x40;&#114;&#x65;&#x73;&#101;&#x61;&#x72;&#99;&#x68;&#x61;&#110;&#x64;&#x6d;&#97;&#x72;&#x6b;&#101;&#x74;&#x73;&#46;&#x63;&#x6f;m<\/a>\n<\/p>\n<p>\nFor E.S.T Office Hours Call 1-917-300-0470<br \/>\n<br \/>For U.S.\/CAN Toll Free Call 1-800-526-8630<br \/>\n<br \/>For GMT Office Hours Call +353-1-416-8900\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;Lateral Flow Assay Market Analysis by Application (Drug Development &amp; Quality Testing, Testing), by Product (Lateral Flow Readers, Kits &amp; Reagents by Technique (Competitive Assays, Sandwich Assays), by Sample Type, and by Region &#8211; Forecast to 2029&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. The global lateral flow assay market size is estimated &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/global-lateral-flow-assay-market-report-to-2029-featuring-abbott-laboratories-danaher-and-biomerieux-among-others-researchandmarkets-com\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-47355","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Lateral Flow Assay Market Report to 2029 - Featuring Abbott Laboratories, Danaher and bioMerieux Among Others - ResearchAndMarkets.com - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/global-lateral-flow-assay-market-report-to-2029-featuring-abbott-laboratories-danaher-and-biomerieux-among-others-researchandmarkets-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Lateral Flow Assay Market Report to 2029 - Featuring Abbott Laboratories, Danaher and bioMerieux Among Others - ResearchAndMarkets.com - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;Lateral Flow Assay Market Analysis by Application (Drug Development &amp; Quality Testing, Testing), by Product (Lateral Flow Readers, Kits &amp; Reagents by Technique (Competitive Assays, Sandwich Assays), by Sample Type, and by Region &#8211; Forecast to 2029&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. 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