Lateral Flow Diagnostic Tests Market Size, Share, Analysis Report

Lateral Flow Diagnostic Tests Market Size By Application (Hospitals, Clinics, Diagnostic Laboratories), By Type (Instruments, Reagents & Kits), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Lateral Flow Diagnostic Tests market is expected to exceed more than US$ 7.80 Billion by 2028 at a CAGR of 6.6% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Roche
  • Abbott Laboratories
  • Danaher
  • Siemens Healthcare
  • BioMerieux
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Lateral Flow Diagnostic Tests market is expected to exceed more than US$ 7.80 Billion by 2028 at a CAGR of 6.6% in the given forecast period.

    High prevalence of infectious diseases across the globe, rapidly increasing geriatric population, increasing usage of home-based lateral flow assay devices, and growing demand for point-of-care testing are fueling the growth of the market.

    Lateral Flow Assay is a simple to use diagnostic device used to confirm the presence or absence of a target analyze, such as pathogens or biomarkers in humans or animals, or contaminants in water supplies, foodstuffs, or animal feeds.

    The global Lateral Flow Diagnostic Tests market is segregated on the basis of Application as Hospitals, Clinics, Diagnostic Laboratories, and Others. Based on Type the global Lateral Flow Diagnostic Tests market is segmented in Instruments and Reagents & Kits.

    The global Lateral Flow Diagnostic Tests market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Lateral Flow Diagnostic Tests market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Roche, Abbott Laboratories, Danaher, Siemens Healthcare, BD, BioMerieux, Bio-Rad Laboratories, Merck, Qiagen, and others are among the major players in the global Lateral Flow Diagnostic Tests market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Lateral Flow Diagnostic Tests Market has been segmented as below:

    Lateral Flow Diagnostic Tests Market, By Application

    • Hospitals
    • Clinics
    • Diagnostic Laboratories
    • Others

    Lateral Flow Diagnostic Tests Market, By Type

    • Instruments
    • Reagents & Kits

    Lateral Flow Diagnostic Tests Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Lateral Flow Diagnostic Tests Market, By Company

    • Roche
    • Abbott Laboratories
    • Danaher
    • Siemens Healthcare
    • BD
    • BioMerieux
    • Bio-Rad Laboratories
    • Merck
    • Qiagen

    The report covers:

    • Global Lateral Flow Diagnostic Tests  market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028 with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Lateral Flow Diagnostic Tests  market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Lateral Flow Diagnostic Tests  market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Lateral Flow Diagnostic Tests market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Lateral Flow Diagnostic Tests market share. Major industry players with significant revenue share include Roche, Abbott Laboratories, Danaher, Siemens Healthcare, BD, BioMerieux, Bio-Rad Laboratories, Merck, Qiagen and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Lateral Flow Diagnostic Tests  industry trends
    • Find complete analysis on the market status
    • Identify the Lateral Flow Diagnostic Tests  market opportunities and growth segments
    • Analyze competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    Customized report as per the requirement can be offered with appropriate recommendations

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Lateral Flow Diagnostic Tests Market, By Application
        5.1 Introduction
        5.2 Hospitals
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Clinics
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Diagnostic Laboratories
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 Others
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
    6. Lateral Flow Diagnostic Tests Market, By Type
        6.1 Introduction
        6.2 Instruments
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Reagents & Kits
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
    7. Lateral Flow Diagnostic Tests Market, By Geography
        7.1 Introduction
        7.2 North America
            7.2.1 North America Lateral Flow Diagnostic Tests, By Application
            7.2.2 North America Lateral Flow Diagnostic Tests, By Type
        7.3 Europe
            7.3.1 Europe Lateral Flow Diagnostic Tests, By Application
            7.3.2 Europe Lateral Flow Diagnostic Tests, By Type
        7.4 Asia-Pacific
            7.4.1 Asia-Pacific Lateral Flow Diagnostic Tests, By Application
            7.4.2 Asia-Pacific Lateral Flow Diagnostic Tests, By Type
        7.5 Rest of the World
            7.5.1 Rest of the World Lateral Flow Diagnostic Tests, By Application
            7.5.2 Rest of the World Lateral Flow Diagnostic Tests, By Type
    8. Competitive Insights
        8.1 Key Insights
        8.2 Company Market Share Analysis
        8.3 Strategic Outlook
            8.3.1 Mergers & Acquisitions
            8.3.2 New Product Development
            8.3.3 Portfolio/Production Capacity Expansions
            8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            8.3.5 Others
    9. Company Profiles
        9.1 Roche
            9.1.1 Company Overview
            9.1.2 Product/Service Landscape
            9.1.3 Financial Overview
            9.1.4 Recent Developments
        9.2 Abbott Laboratories
            9.2.1 Company Overview
            9.2.2 Product/Service Landscape
            9.2.3 Financial Overview
            9.2.4 Recent Developments
        9.3 Danaher
            9.3.1 Company Overview
            9.3.2 Product/Service Landscape
            9.3.3 Financial Overview
            9.3.4 Recent Developments
        9.4 Siemens Healthcare
            9.4.1 Company Overview
            9.4.2 Product/Service Landscape
            9.4.3 Financial Overview
            9.4.4 Recent Developments
        9.5 BD
            9.5.1 Company Overview
            9.5.2 Product/Service Landscape
            9.5.3 Financial Overview
            9.5.4 Recent Developments
        9.6 BioMerieux
            9.6.1 Company Overview
            9.6.2 Product/Service Landscape
            9.6.3 Financial Overview
            9.6.4 Recent Developments
        9.7 Bio-Rad Laboratories
            9.7.1 Company Overview
            9.7.2 Product/Service Landscape
            9.7.3 Financial Overview
            9.7.4 Recent Developments
        9.8 Merck
            9.8.1 Company Overview
            9.8.2 Product/Service Landscape
            9.8.3 Financial Overview
            9.8.4 Recent Developments
        9.9 Qiagen
            9.9.1 Company Overview
            9.9.2 Product/Service Landscape
            9.9.3 Financial Overview
            9.9.4 Recent Developments

    The Lateral Flow Diagnostic Tests Market has been segmented as below:

    Lateral Flow Diagnostic Tests Market, By Application

    • Hospitals
    • Clinics
    • Diagnostic Laboratories
    • Others

    Lateral Flow Diagnostic Tests Market, By Type

    • Instruments
    • Reagents & Kits

    Lateral Flow Diagnostic Tests Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Lateral Flow Diagnostic Tests Market, By Company

    • Roche
    • Abbott Laboratories
    • Danaher
    • Siemens Healthcare
    • BD
    • BioMerieux
    • Bio-Rad Laboratories
    • Merck
    • Qiagen

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    The market is expected to grow at a CAGR of 6.6% during the study period (2023-2028)
    The Lateral Flow Diagnostic Tests market is expected to exceed more than US$ 7.80 Billion by 2028
    The segment included in Lateral Flow Diagnostic Tests market is Application, type, Company and region.
    Some key players operating in the Lateral Flow Diagnostic Tests market include Roche, Abbott Laboratories, Danaher, Siemens Healthcare, BD, BioMerieux, Bio-Rad Laboratories, Merck, Qiagen
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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