Press release
Exploring the Growth Trajectory of the Lateral Flow Assay Market Worth 14,844.6 Million
According to the latest research, the global lateral flow assay market size is expected to be worth ๐จ๐ฆ$ ๐ต,๐ฌ๐ฏ๐ฑ.๐ด ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in 2024, further it expects a CAGR of ๐ฑ.๐ญ%.
๐๐ฒ๐ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7246
One of the key drivers behind the growth of the LFA market is the increasing demand for point-of-care testing solutions. With the rising prevalence of infectious diseases, chronic conditions, and the need for rapid screening in resource-limited settings, there is a growing emphasis on decentralized diagnostic testing. LFAs offer a cost-effective and user-friendly solution for on-site testing, allowing for timely diagnosis and treatment decisions.
Moreover, the LFA market has expanded beyond healthcare diagnostics into areas such as food safety, environmental monitoring, and veterinary diagnostics. In the food industry, LFAs are used for the rapid detection of contaminants, allergens, and pathogens, helping ensure the safety and quality of food products. In environmental testing, LFAs play a crucial role in detecting pollutants, toxins, and hazardous substances in water, soil, and air samples. Additionally, LFAs are increasingly being employed in veterinary medicine for the diagnosis of infectious diseases in animals, enabling early intervention and disease management.
๐๐ฒ๐ ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ฒ๐ฟ๐ ๐๐ป๐ฐ๐น๐๐ฑ๐ฒ
ThermoFisher Scientific Inc.
Meridian Bioscience Inc.
Abbott Laboratories
Becton, Dickinson & Company
PerkinElmer Inc.
Siemens Healthineers
Abcam plc.
Access Bio, Inc.
Humasis Co. Ltd
F. Hoffmann-La Roche
Bio-Rad Laboratories, Inc.
Maternova Inc.
Quidel Corporation
QIAGEN N.V.
bioMรฉrieux SA
Healgen Scientific, LLC.
DIALUNOX GmbH
Detekt Biomedical LLC
๐๐ฒ๐ ๐ฎ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7246
๐ฅ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐
Paper Diagnostics Market
https://www.factmr.com/report/5454/paper-diagnostics-market
Point of Care Diagnostics Market
https://www.factmr.com/report/point-of-care-diagnostics-market
Predictive Diagnostics Market
https://www.factmr.com/report/predictive-diagnostics-market
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The global lateral flow assay (LFA) market is experiencing rapid growth, driven by increasing demand for fast, reliable, and cost-effective diagnostic solutions. In 2020, the market was valued at $8,351.30 million, with projections indicating a rise to $13,352.90 million by 2030, growing at a CAGR of 4.70% from 2021 to 2030. This growth is primarily fueled by:
โข Rising demand for point-of-care (POC) diagnostics.
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