The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Lateral Flow Assay Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Lateral Flow Assay Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, Lateral Flow Assay Market is estimated to grow at a CAGR of around 3.4% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in Lateral Flow Assay Market Segmentation?

The report has segmented the market into the following categories:

By Product

1. Kits & Reagents- Market Size & Forecast 2019-2030, USD Million

2. Lateral Flow Readers- Market Size & Forecast 2019-2030, USD Million

   1. Benchtop Readers- Market Size & Forecast 2019-2030, USD Million

   2. Digital Readers- Market Size & Forecast 2019-2030, USD Million

By Application

1. Clinical Testing- Market Size & Forecast 2019-2030, USD Million

   1. Infectious Disease Testing- Market Size & Forecast 2019-2030, USD Million

      1. COVID- 19- Market Size & Forecast 2019-2030, USD Million

      2. Mosquito-borne Disease Testing- Market Size & Forecast 2019-2030, USD Million

      3. Influenza Testing- Market Size & Forecast 2019-2030, USD Million

      4. Sexually Transmitted Infection Testing- Market Size & Forecast 2019-2030, USD Million

         1. HIV Testing- Market Size & Forecast 2019-2030, USD Million

         2. HPV Testing- Market Size & Forecast 2019-2030, USD Million

         3. Chlamydia Testing- Market Size & Forecast 2019-2030, USD Million

         4. Gonorrhoea Testing- Market Size & Forecast 2019-2030, USD Million

         5. Syphilis Testing- Market Size & Forecast 2019-2030, USD Million

         6. Others- Market Size & Forecast 2019-2030, USD Million

      5. Hepatitis- Market Size & Forecast 2019-2030, USD Million

      6. Tuberculosis- Market Size & Forecast 2019-2030, USD Million

      7. Others- Market Size & Forecast 2019-2030, USD Million

   2. Cardiac Market Testing

      1. Troponin I & T Testing- Market Size & Forecast 2019-2030, USD Million

      2. CK-MB Testing- Market Size & Forecast 2019-2030, USD Million

      3. BNP & NT-Probnp Testing- Market Size & Forecast 2019-2030, USD Million

      4. Myoglobin Testing- Market Size & Forecast 2019-2030, USD Million

      5. D-Dimer Testing- Market Size & Forecast 2019-2030, USD Million

      6. Others- Market Size & Forecast 2019-2030, USD Million

   3. Pregnancy & Fertility Testing- Market Size & Forecast 2019-2030, USD Million

      1. Pregnancy Testing- Market Size & Forecast 2019-2030, USD Million

      2. Fertility Testing- Market Size & Forecast 2019-2030, USD Million

   4. Cholesterol Testing/Lipid Profile- Market Size & Forecast 2019-2030, USD Million

   5. Drugs of Abuse Testing- Market Size & Forecast 2019-2030, USD Million

   6. Other Clinical Tests- Market Size & Forecast 2019-2030, USD Million

2. Veterinary Diagnostics- Market Size & Forecast 2019-2030, USD Million

3. Food Safety & Environment Testing- Market Size & Forecast 2019-2030, USD Million

4. Drug Development & Quality Testing- Market Size & Forecast 2019-2030, USD Million

By Technique

1. Sandwich Assays- Market Size & Forecast 2019-2030, USD Million

2. Competitive Assays- Market Size & Forecast 2019-2030, USD Million

3. Multiplex Detection Assays- Market Size & Forecast 2019-2030, USD Million

By Therapy

1. Lateral Flow Immunoassay- Market Size & Forecast 2019-2030, USD Million

2. Nucleic Acid Lateral Flow Assay- Market Size & Forecast 2019-2030, USD Million

By End User

1. Hospitals & Clinics- Market Size & Forecast 2019-2030, USD Million

2. Diagnostic Laboratories- Market Size & Forecast 2019-2030, USD Million

3. Pharmaceutical & Biotechnology Companies- Market Size & Forecast 2019-2030, USD Million

4. Others (Food Companies, Research Organisations, etc.)- Market Size & Forecast 2019-2030, USD Million

By Region

1. North America

2. South America

3. Europe

4. The Middle East & Africa

5. Asia-Pacific

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Key Factor Driver Lateral Flow Assay Industry Growth by 2030

Growing Prevalence of Infectious Diseases to Result in Increased Demand for Point-of-Care Testing – There is a huge burden of infectious diseases, including respiratory infections, gastrointestinal infections, etc., across the globe. Being a fast & cost-effective method to detect infectious agents rapidly, the demand for lateral flow assays as solutions has also increased simultaneously. Also, HIV, the deadly disease, has claimed the lives of many across the world and has thereby necessitated the early and regular testing of HIV via lateral flow assays to improve the survival rate of patients with proper disease management.

Who are the Key Players Operating in the Lateral Flow Assay Industry?

The top companies of the Lateral Flow Assay market ruling the industry are: 

1. Abbott

2. PerkinElmer Inc.

3. Gold Standard Diagnostics

4. QIAGEN N.V.

5. Quidel Corporation

6. Thermo Fisher Scientific Inc.

7. Hologic Inc.

8. IUL, SA

9. FUJIREBIO (H.U. Group company)

10. Abcam PLC

11. Genobio

12. Elabscience Bionovation Inc.

13. P4Q Electronics

14. Hoffmann-La Roche Ltd.

15. Siemens Healthineers

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FAQs (Frequently Ask Questions)

1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?

2. What are the trends influencing the current scenario of the Lateral Flow Assay Market?

3. What are the key factors that would propel and hinder the industry?

4. Which geographical area dominates the Lateral Flow Assay industry?

5. Which is the Leading segment in the market?

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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