The lateral flow assay is a diagnostic technique involving the biochemical interaction of antibodies and probe DNA. This method ensures that the test is carried out in a highly simplified manner, at a low cost, and without the need for any interference. It can also be performed by untrained individuals because it is based on a highly user-friendly form of testing. Data Bridge Market Research analyses that the lateral flow assay market is expected to reach the value of USD 12.75 billion by the year 2029, at a CAGR of 8.29% during the forecast period. The high consumption rate for home-based lateral flow testing products and solutions, combined with the need for better point-of-care testing products, will drive growth in the lateral flow assay market from 2022 to 2029. Details about the market drivers and market restraints included in the credible Lateral Flow Assay Market report helps understand whether the demand of the products in healthcare industry will rise or get lower. This market research report is one of the unsurpassed and comprehensive market research reports which emphasize the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of healthcare industry. Research and analysis about the key developments in the market, major competitors and detailed competitor analysis covered in the world class Lateral Flow Assay marketing report helps businesses imagine the bigger picture of the market place and products which ultimately assists in defining superior business strategies.
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The 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 analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Kits and Reagents
- Lateral flow readers
Technique
- Sandwich assays
- Competitive assays
- Multiplex detection assays
End User
- Hospitals and Clinics
- Home care
- Pharma and biotech companies
- Diagnostic laboratories
- Others
Application
- clinical/POCT testing
- veterinary diagnostics
- food safety & environment testing
- drug development & quality testing
- Distribution channel
- Hospital pharmacies
- Retail pharmacies
- Supermarket/hypermarket
- e-commerce
Lateral flow assay market has also been segmented into hospital pharmacies, retail pharmacies, supermarket/hypermarket and e-commerce on the basis of distribution channel.
Highlight of Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: Global Lateral Flow Assay Market Analysis
§ Chapter 3: Regional analysis of the Lateral Flow Assay Market
§ Chapter 4: Market segmentation based on types and applications
§ Chapter 5: Revenue analysis based on types and applications
§ Chapter 6: Market share
§ Chapter 7: Competitive Landscape
§ Chapter 8: Drivers, Restraints, Challenges, and Opportunities
§ Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the lateral flow assay market are Beckman Coulter, Inc. (U.S.)
- STRATEC SE (Germany)
- PerkinElmer, Inc. (U.S.)
- DRG International, Inc. (U.S.)
- MP BIOMEDICALS (U.S.)
- Cisbio (France)
- Euro Diagnostica AB (Sweden)
- Tecan Trading AG (Switzerland)
- DiaSorinS.p.A. (Italy)
- EMD Millipore (U.S.)
- iZotope, Inc. (U.S.)
- DIAsource (U.S.)
- Berthold Technologies GmbH & Co. KG (Germany)
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