Lateral Flow Assay Market Boosted by Point-of-Care Testing Demand and Infectious Disease Surveillance | Merck KGaA, F. Hoffmann-La Roche AG, Bio-Rad Laboratories, Inc., ABBOTT Laboratories, Siemens AG

Lateral Flow Assay Market size was valued USD 8,924.03 million in 2022 and is estimated to reach USD 12,816.53 million by 2031, growing at a CAGR of 4.4% during the forecast period (2024-2031).

Lateral Flow Assay Market Report by DataM Intelligence offers a detailed assessment of the global pharmaceutical and healthcare landscape, highlighting market size, key players, and critical growth drivers. With expanding use in point-of-care testing, infectious disease diagnostics, and at-home health monitoring, the report delivers strategic insights to support stakeholders in the rapid diagnostics sector from 2025 to 2033.

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Lateral Flow Assays (LFAs) are simple diagnostic devices used for point-of-care testing, detecting the presence of specific biomarkers in samples such as blood, saliva, or urine. Widely known for their use in COVID-19 and pregnancy tests, LFAs are cost-effective, rapid, and user-friendly. The global market is growing due to rising infectious disease prevalence, increasing demand for home diagnostics, and advancements in assay sensitivity and specificity.

Lateral Flow Assay Market Competitors Overview:

Merck KGaA, F. Hoffmann-La Roche AG, Bio-Rad Laboratories, Inc., ABBOTT Laboratories, Siemens AG, Danaher Corporation, Becton, Dickinson and Company, QIAGEN N.V., Thermo Fisher Scientific Inc., bioMérieux SA, Hologic Inc., among others.

Important Industry Updates of 2025:

✅ In July 2025 Becton, Dickinson & Company (BD) announced a merger of its Biosciences & Diagnostic Solutions unit with Waters Corporation via a $17.5 billion Reverse Morris Trust transaction. This expanded Waters' presence across bioseparations, multiplex diagnostics, and rapid testing platforms-areas closely aligned with lateral flow technologies

Methodology and Scope

The Lateral Flow Assay Market Report is built on a rigorous research methodology that integrates primary interviews, expert insights, and validated secondary data from company reports, industry publications, and reliable databases. Utilizing both bottom-up and top-down approaches, the analysis ensures high data accuracy through triangulation. The report covers current market dynamics, growth opportunities, and key strategic developments across global and regional markets.

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Lateral Flow Assay Market Segments Overview:

∎ By Product (Kits & Reagents, Lateral Flow Readers)
∎ By Application (Veterinary Diagnostics, Drug Development & Quality Testing, Food Safety & Environmental Safety, Clinical Testing, Pregnancy & Fertility Testing, Cardiac Markers, Infectious Diseases Testing, Drugs of Abuse Testing, Cholesterol/Lipid Testing, Other Clinical Tests)
∎ By Technique (Sandwich Assays, Competitive Assays, Multiplex Detection Assays)
∎ By End-User (Pharmaceutical and Biotechnology Companies, Hospitals and Clinics, Diagnostic Laboratories, Home Care, Others)

The infectious disease testing segment leads due to widespread use in point-of-care diagnostics, especially for COVID-19, influenza, and HIV, owing to its rapid results and ease of use.

Regional Overview for Lateral Flow Assay Market:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

North America leads the global lateral flow assay market, particularly due to high demand during and post-COVID-19. However, Asia Pacific is witnessing the fastest growth, driven by widespread use in infectious disease diagnostics and increased access to

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The Report Covers:

➡ In-depth analysis of the demand-supply gap, market size estimates, SWOT and PESTEL analysis, along with global market forecasts.
➡ Strategic recommendations with a focused go-to-market approach.
➡ An unbiased evaluation of overall market performance.
➡ Region- and country-specific insights, with customized reports available upon request.
➡ Identification of high-potential and niche segments and regions demonstrating strong growth prospects.

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➤ What are the primary factors driving and restraining growth in the Lateral Flow Assay market?

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✅ Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Competitive Landscape

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