Lateral Flow Assay Market Growth in Future Scope 2021-2028 | Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Siemens Healthineers

"Lateral Flow Assay Market, Drug Price, Sales and Clinical Trials Insight 2028” Report Highlights:
Lateral Flow Assay Market Opportunity: > US$ 10.1 Billion by 2028
Lateral Flow Assay Market Growth: 100% Absolute Growth Till 2028
Lateral Flow Assay Market Size Opportunity by Therapeutic Class
Insight On Clinical Trials by Company, Indication, Patient Segment and Phase
Total Number of Pages in this Report: 170

The global lateral flow assay market is expected to grow during the forecast period due to the growing requirements for the early diagnosis of infectious diseases and rising demands for point-of-care testing. Ongoing research and development in the field of lateral flow assay technologies enable the introduction of a better and cheaper product in the clinical diagnosis field. Based on lateral flow assay technology, the University of Wisconsin–Madison researchers have developed cheap and efficient tuberculosis (TB) diagnostic assays in February 2018. The existing TB diagnosis assays demand time-consuming DNA collection and analysis from sputum samples. This innovative lateral flow assay technique, on the other hand, utilizes lipoarabinomannan (LAM) protein from the urine samples as a biomarker to identify tuberculosis in a short period.

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Furthermore, SYGNIS AG launched its Universal Lateral Flow Assay (LFA) kit in October 2017, it is marketed under the name of Innova Biosciences brand. This new product serves as a tool for developing personalized sandwich lateral flow assays quickly and easily, offering physicians quick access to point-of-care testing for early disease detection. Neogen Corp. launched a single-step lateral flow immunochromatographic assay in April 2017. The assay recognizes raw pork and could be used in the food processing industry to filter raw and processed raw meat. This test is a simple and quick way to see whether the pig has been accidentally or intentionally inserted into other raw processed meats. Furthermore, manufacturers are concentrating their efforts on creating a new lateral flow assay system for point-of-care testing that will provide quick, simple, and accurate results at a reduced price.

• The global lateral flow assay market is expected to grow at a CAGR of 7.5 % from 2017 to 2025, owing to the rising infectious disease incidence and the increasing requirement for point-of-care testing from a highly profitable market, particularly in the Middle East, Latin America, Africa, and the Asia Pacific.

• Due to their inevitability in the lateral flow assay procedure, the kits and reagents segment hold a large market share in the product segment.

• Due to better proficiency and sensitivity in the detection of antigens when compared to indirectly or directly assay techniques, the sandwich assay segment has the highest market share among techniques.

• Due to the rising implementation of lateral flow assays for infectious disease detection, the clinical testing segment accounted for the largest share of market share among application segments. In 2015, the World Health Organization (WHO) released recommendations and guidelines for using the lateral flow urine lipoarabinomannan assay for diagnostics and screening of active TB in HIV-positive patients.

• Diagnostic laboratories segment holds the major market share among end-users, due to a variety of applications of point-of-care, significant cost benefits, and the potential to provide qualitative results within a short period.

• Some of the key players contributing in the global lateral flow assay market are Tetracore, Inc., Humasis Co. Ltd, Becton Dickinson and Co., Siemens Healthineers, Inc., Bio-Rad Laboratories Inc., F. Hoffmann-La Roche AG., Thermo Fisher Scientific Inc., Diagnostic Consulting Network Inc., and Qiagen NV

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Table of Contents:
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations

2. Market Overview
o Report Description
• Market Definition and Scope
o Executive Summary
• Market Snippet By Product Type
• Market Snippet By Application
• Market Snippet By Technology
• Market Snippet By End User
• Market Snippet By Region
o Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
• Drivers
• Restraints
• Market Opportunities
o Technological Trends
o PEST Analysis
o Impact Analysis

4. Global Lateral Flow Assay Market, By Product Type, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Reagents & Consumables
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Software’s
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Instruments
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

5. Global Lateral Flow Assay Market, By Application, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Genomics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Proteomics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Diagnostics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Drug Discovery
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

6. Global Lateral Flow Assay Market, By Technology, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Microarrays
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Microfluidics
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

7. Global Lateral Flow Assay Market, By End User, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, 2021 – 2028
• Segment Trends
o Hospitals
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Diagnostic Labs
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Academic & Research Institutes
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)
o Biotechnology & Pharmaceutical Companies
• Introduction
• Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Million)

8. Global Lateral Flow Assay Market, By Regions, 2021 – 2028 (US$ Million)
o Introduction
• Market Share Analysis, By Region, 2016 and 2028 (%)
• Y-o-Y Growth Analysis, For Regions, 2021 – 2028
o North America
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• U.S.
• Canada
o Europe
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
o Asia Pacific
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of APAC
o Latin America
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• Brazil
• Mexico
• Rest of Latin America
o Africa
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• South Africa
• Central Africa
• North Africa
o Middle East
• Market Size and Forecast, By Product Type, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Application, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Technology, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By End User, 2021 – 2028 (US$ Million)
• Market Size and Forecast, By Country, 2021 – 2028 (US$ Million)
• GCC
• Israel
• Rest of Middle East

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