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Lateral Flow Assay market is projected to reach US$ 8672.4 million by 2028 from an estimated US$ 5977.1 million in 2022, at a CAGR of 6.4% during 2023 and 2028 - Valuates Reports

12-14-2022 06:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Lateral Flow Assay market is projected to reach US$ 8672.4

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Lateral Flow Assay market is projected to reach US$ 8672.4 million by 2028 from an estimated US$ 5977.1 million in 2022, at a CAGR of 6.4% during 2023 and 2028.

Get Chapterwise market Data - https://reports.valuates.com/market-reports/QYRE-Auto-12Q2402/global-lateral-flow-assay/1

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

Lateral Flow Assay Market Insights
Global Lateral Flow Assay key players include Thermo Fisher, Bio-Rad Laboratories, Becton Dickinson, Abbott, Hologic, Inc., etc. Global top five manufacturers hold a share about 45%.

USA is the largest market, with a share over 35%, followed by Europe and China, both have a share about 40 percent.

In terms of product, Sandwich Assays is the largest segment, with a share over 65%. And in terms of application, the largest application is Medicine, followed by Food Safety.

Lateral Flow Assay Market Segment By Type
➣Sandwich Assays
➣Competitive Assays

Lateral Flow Assay Market Segment By Application
➣Medicine
➣Environment Testing
➣Food Safety

Get Detailed Report - https://reports.valuates.com/market-reports/QYRE-Auto-12Q2402/global-lateral-flow-assay

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