Global Lateral Flow Assay Market growing at a CAGR of 7.67% from 2017 to 2025

Global Lateral Flow Assay Market Research Growth, Trend and Forecast 2018

The Global Lateral Flow Assay Market was valued at USD 4.81 billion in 2016 and is projected to reach USD 9.36 billion by 2025, growing at a CAGR of 7.67% from 2017 to 2025.

Lateral Flow Assays are simple devices intended to detect the presence or absence of a target in sample matrix without the need for specialized and costly equipment, though many lab based applications exist that are supported by reading equipment. Typically, these tests are used for medical diagnostics either for home testing, point of care testing, or laboratory use. A widely spread and well known application is the home pregnancy test.

Buy now and get a Beneficial 30% off on this report @ https://www.planetmarketreports.com/reports/global-lateral-flow-assay-market-5907

Market Dynamics:

  1. Market Drivers
    1.1 Spread of infections all over the Globe
    1.2 High paced Growth in Geriatric population
    1.3 Growing usage of home based devices of lateral flow assay
    1.4 Increment in demand of Point-of-care Testing
    2. Market Restraints
    2.1 Resistance in changing traditional ways of Diagnostics
    2.2 U.S. Govt. implementation of excise duty on medical devices
    2.3 Regulatory policies

Market Segmentation:

  1. Global Lateral Flow Assay Market, by Application:
    1.1 Clinical/Point-of-Care Testing
    1.1.1 Infectious Disease Testing
    1.1.1.1 Mosquito-Borne Disease Testing
    1.1.1.2 Influenza Testing
    1.1.1.3 Sexually Transmitted Infections
    1.1.1.4 Hepatitis
    1.1.1.5 Tuberculosis
    1.1.1.6 Other Infectious Diseases
    1.1.2 Cardiac Marker Testing
    1.1.3 Pregnancy & Fertility Testing
    1.1.3.1 Pregnancy Testing
    1.1.3.2 Fertility Testing
    1.1.4 Cholesterol/Lipid Testing
    1.1.5 Drugs-of-Abuse Testing
    1.1.6 Other Tests
    1.2 Veterinary Diagnostics
    1.3 Food Safety & Environment Testing
    1.4 Drug Development & Quality Testing
    2. Global Lateral Flow Assay Market, by End User:
    2.1 Hospitals and Clinics
    2.2 Home Care
    2.3 Diagnostic Laboratories
    2.4 Other End Users
    3. Global Lateral Flow Assay Market, by Technique:
    3.1 Sandwich Assays
    3.2 Competitive Assays
    3.3 Multiplex Detection Assays
    4. Global Lateral Flow Assay Market, by Region:
    4.1 North America U.S., Canada, Mexico
    4.2 Europe Germany, UK, France, Rest of Europe
    4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
    4.4 Latin America Brazil, Argentina, Rest of Latin America
    4.5 Middle East & Africa

Get a category of this Report @ https://www.planetmarketreports.com/category/pharmaceutical-and-healthcare

The major players in the market are as follows:

  1. Alere Inc.
    2. F. Hoffmann-La Roche AG
    3. Danaher Corporation
    4. Siemens AG
    5. Johnson & Johnson
    6. Becton, Dickinson and Company
    7. Biomérieux SA
    8. Bio-Rad Laboratories, Inc.
    9. Thermo Fisher Scientific Inc.
    10. Qiagen N.V.
    11. Perkinelmer Inc.
    12. Abbott Laboratories
    13. Hologic, Inc.
    14. Quidel Corporation

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research Methodology of Planet Market Reports
Research study on the Lateral Flow Assay Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To Browse Similar Reports @ https://www.planetmarketreports.com/reports/global-lateral-flow-assay-market-6703

About Us:

Planet Market Reports gives statistical surveying reports to businesses, people and associations with a goal of helping them in their decision making process. We have huge database of market research reports & company profiles across globe.  We associated with global market research a publisher who has a wide range of research specialists & industry experts which provides you deeper penetration of market research industry.

We have statistical surveying reports from number of top publishers and update our reports collections on daily basis with most recent research data to furnish our customers with the moment online access to our database. With access to this database, our customers will be able to benefit from expert insights on worldwide businesses, items, and market patterns. We help you in your buy choice by mapping your data needs with our immense accumulation of reports.

Contact US:- 

Name: Jennifer Daniel

Email-Id: sales@planetmarketreports.com

US : +1-716-2260907

UK : +447441952057

Organization: Planet Market Reports

krupali Ray

Recent Posts

Challenges facing the Construction Industry (MENA) Post Pandemic 2021

As the world economy struggles to recover from the pandemic, the vaccination drive spells hope…

3 years ago

UAE firms need a bridge to International Markets says Xentrix Global

UAE based companies and agencies have no option but to penetrate new markets more effectively…

3 years ago

Forecast of Global Sodium Chloride Injection Market Analysis 2015-2019

Latest Report on Global Sodium Chloride Injection including Market Landscape, and Market size, Revenues by…

3 years ago

2020-2025 Global Varicose Vein Treatment Devices Market Forecast and Market Analysis of 2015-2019

Latest Report on Global Varicose Vein Treatment Devices including Market Landscape, and Market size, Revenues…

3 years ago

Colorectal Cancer Therapeutics Market Forecast Report for 2020-2025

Latest Report on Global Colorectal Cancer Therapeutics Market including Market Landscape, and Market size, Revenues by players,…

3 years ago

International Schools Partnership invites Students to Share their Love for the UAE through Poetry

To celebrate World Poetry Day, International Schools Partnership (ISP) has launched a student Poetry Contest…

4 years ago