HOME Top Market Reports Lateral Flow Assay Market by Product (Reader, Kit), Application (Clinical (Pregnancy, Infectious Disease, Lipid, Cardiac Marker), Veterinary, Drug Development, Food Safety), Technique (Competitive, Multiplex, Sandwich), End User - Global Forecast to 2022

Lateral Flow Assay Market by Product (Reader, Kit), Application (Clinical (Pregnancy, Infectious Disease, Lipid, Cardiac Marker), Veterinary, Drug Development, Food Safety), Technique (Competitive, Multiplex, Sandwich), End User - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: August 2017
Report Code: MD 4158

 

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Lateral flow assay, also known as immunochromatographic assays, are simple devices intended to detect the presence (or absence) of a target analyte in a sample (matrix). The global lateral flow assay market is estimated USD 5.14 Billion in 2016, growing at a CAGR of 8.2% during the forecast period. A number of factors, such as high prevalence of infectious diseases worldwide, rapidly growing geriatric population, growing demand for point-of-care testing, and rising use of home-based lateral flow assay devices are driving the growth of the lateral flow assay market. The base year considered for the study is 2016 and the forecast period includes 2017 to 2022.

Objectives of the Study

  • To define, describe, and forecast the global lateral flow assay market on the basis of product, application, technique, end user, and region
  • To provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of the lateral flow assay market with respect to five main regions (along with major countries), namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
  • To profile the key players in the global lateral flow assay market and comprehensively analyze their core competencies and their market shares
  • To track and analyze competitive developments such as mergers and acquisitions, product launches, collaborations, agreements, partnerships, and R&D activities of the leading players in the global lateral flow assay market

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global lateral flow assay market and estimate the size of other dependent submarkets. Various secondary sources such as directories, industry journals, databases such as Hoover’s, Bloomberg Business, Factiva, and Avention, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:

Lateral Flow Assay Market

To know about the assumptions considered for the study, download the pdf brochure

The prominent players in the global lateral flow assay market are Alere, Inc. (U.S.), F. Hoffmann-La Roche AG (Switzerland), Danaher Corporation (U.S.), Siemens AG (Germany), Becton, Dickinson and Company (U.S.), bioMιrieux SA (France), Johnson & Johnson (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), QIAGEN N.V. (Netherlands), and PerkinElmer, Inc. (U.S.).

Target Audience:

  • Manufacturers and distributors of lateral flow assay kits & devices
  • Healthcare institutions (hospitals, laboratories, medical schools, and outpatient clinics)
  • Pharmaceutical and biotechnology companies
  • Research institutes
  • Government associations
  • Market research and consulting firms
  • Venture capitalists and investors

Scope of the Report:

The research report categorizes the market into the following segments and subsegments:

Lateral Flow Assay Market, by Product

  • Kits & Reagents
  • Lateral Flow Readers
  • Digital/Mobile Readers
  • Benchtop Readers

Lateral Flow Assay Market, by Application

  • Clinical Testing
  • Infectious Diseases Testing
    • Sexually Transmitted Infections (STI) Testing
    • Mosquito-borne Diseases Testing
    • Tuberculosis Testing
    • Hepatitis Testing
    • Influenza Testing
    • Other Infectious diseases Testing
  • Pregnancy & Fertility Testing
    • Pregnancy Testing
    • Fertility Testing
  • Cardiac Markers
  • Cholesterol/Lipid Testing
  • Drugs of Abuse Testing
  • Other Clinical Tests
  • Veterinary Diagnostics 
  • Drug Development & Quality Testing
  • Food Safety & Environmental Safety

Lateral Flow Assay Market, by End User

  • Hospitals and Clinics
  • Home Care
  • Diagnostic Laboratories
  • Pharmaceutical and Biotechnology Companies
  • Other End Users

Lateral Flow Assay Market, by Technique

  • Competitive Assays
  • Sandwich Assays
  • Multiplex Detection Assays

Lateral Flow Assay Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa

Available Customization

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Further breakdown of the kits & reagents segment of the lateral flow assay market
  • Further segmentation of individual product segments by application and end user

Geographic Analysis

  • Further breakdown of the Rest of Asia-Pacific lateral flow assay market into South Korea, Australia, New Zealand, and others
  • Further breakdown of the Rest of Europe lateral flow assay market into Belgium, Russia, the Netherlands, Switzerland, and others

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 21)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 24)
    2.1 Research Approach
           2.1.1 Secondary Sources
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Sources
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Market Breakdown & Data Triangulation
    2.4 Market Share Estimation
    2.5 Assumptions for the Study

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 38)
    4.1 Lateral Flow Assays: Market Overview
    4.2 Lateral Flow Assays Market: Developed vs Developing Countries
    4.3 Geographic Snapshot: Lateral Flow Assays Market, 2016
    4.4 Geographic Mix: Lateral Flow Assays Market
    4.5 Asia-Pacific: Lateral Flow Assays Market, By Application

5 Market Overview (Page No. - 43)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Market Drivers
                    5.2.1.1 High Prevalence of Infectious Diseases Across the Globe
                    5.2.1.2 Rapidly Increasing Geriatric Population
                    5.2.1.3 Growing Usage of Home-Based Lateral Flow Assay Devices
                    5.2.1.4 Growing Demand for Point-of-Care Testing
           5.2.2 Market Restraints
                    5.2.2.1 Reluctance Towards Changing Existing Diagnostic Practices
                    5.2.2.2 Implementation of Excise Duty on Medical Devices By the U.S. Government
                    5.2.2.3 Stringent and Time-Consuming Regulatory Policies
           5.2.3 Market Opportunities
                    5.2.3.1 Growing Applications of Lateral Flow Assay Tests in Clinical Diagnostics
                    5.2.3.2 Increasing Applications of Lateral Flow Point-of-Need Assays
                    5.2.3.3 Rising Demand for Lateral Flow Assays in the Food & Beverage Industry
           5.2.4 Challenges
                    5.2.4.1 Limited Reimbursements for Lateral Flow Assay Products

6 Industry Insights (Page No. - 52)
    6.1 Introduction
    6.2 Industry Trends
           6.2.1 Integration of Microfluidics Technology in Lateral Flow Assays
           6.2.2 Demand for Quantitative Results
           6.2.3 Rising Demand for Multiplexed Lateral Flow Biosensors
    6.3 Regulatory Analysis
           6.3.1 North America
           6.3.2 Europe
           6.3.3 Asia
                    6.3.3.1 India
                    6.3.3.2 China
                    6.3.3.3 Japan
    6.4 Value Chain Analysis
    6.5 Supply Chain Analysis

7 Global Lateral Flow Assays Market, By Product (Page No. - 60)
    7.1 Introduction
    7.2 Kits & Reagents
    7.3 Lateral Flow Readers
           7.3.1 Digital/Mobile Readers
           7.3.2 Benchtop Readers

8 Global Lateral Flow Assays Market, By Technique (Page No. - 68)
    8.1 Introduction
    8.2 Sandwich Assays
    8.3 Competitive Assays
    8.4 Multiplex Detection Assays

9 Global Lateral Flow Assay Market, By Application (Page No. - 73)
    9.1 Introduction
    9.2 Clinical/Point-of-Care Testing
           9.2.1 Infectious Disease Testing
                    9.2.1.1 Mosquito-Borne Disease Testing
                    9.2.1.2 Influenza Testing
                    9.2.1.3 Sexually Transmitted Infections
                    9.2.1.4 Hepatitis
                    9.2.1.5 Tuberculosis
                    9.2.1.6 Other Infectious Diseases
           9.2.2 Cardiac Marker Testing
           9.2.3 Pregnancy & Fertility Testing
                    9.2.3.1 Pregnancy Testing
                    9.2.3.2 Fertility Testing
           9.2.4 Cholesterol/Lipid Testing
           9.2.5 Drugs-of-Abuse Testing
           9.2.6 Other Tests
    9.3 Veterinary Diagnostics
    9.4 Food Safety & Environment Testing
    9.5 Drug Development & Quality Testing

10 Global Lateral Flow Assays Market, By End User (Page No. - 98)
     10.1 Introduction
     10.2 Hospitals and Clinics
     10.3 Home Care
     10.4 Diagnostic Laboratories
     10.5 Pharmaceutical and Biotechnology Companies
     10.6 Other End Users

11 Lateral Flow Assay Market, By Region (Page No. - 107)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
     11.3 Europe
             11.3.1 Germany
             11.3.2 France
             11.3.3 U.K.
             11.3.4 Italy
             11.3.5 Spain
             11.3.6 Rest of Europe
     11.4 Asia-Pacific
             11.4.1 Japan
             11.4.2 China
             11.4.3 India
             11.4.4 Rest of Asia-Pacific
     11.5 Latin America
             11.5.1 Brazil
             11.5.2 Mexico
             11.5.3 Rest of Latin America
     11.6 Middle East & Africa

12 Competitive Landscape (Page No. - 202)
     12.1 Introduction
     12.2 Market Share Analysis
     12.3 Competitive Leadership Mapping
             12.3.1 Visionary Leaders
             12.3.2 Innovators
             12.3.3 Dynamic Differentiators
             12.3.4 Emerging Companies
     12.4 Competitive Benchmarking
             12.4.1 Strength of Product Portfolio (25 Players)
             12.4.2 Business Strategy Excellence (25 Players)

*Top 25 Companies Analysed for This Study are - Alere Inc. (U.S.), F. Hoffmann-La Roche AG (Switzerland), Danaher Corporation (U.S.), Siemens AG (Germany), Johnson & Johnson (U.S.), Becton, Dickinson and Company (U.S.), Biomιrieux SA (France), Bio-Rad Laboratories, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Qiagen N.V. (Netherlands), Perkinelmer, Inc. (U.S.), Abbott Laboratories (U.S.), Hologic, Inc. (U.S.), Merck Millipore (U.S.), Quidel Corporation (U.S.), Abcam PLC. (U.S.), Dcn Diagnostics (U.S.), Surmodics, Inc. (U.S.), Bioporto Diagnostics A/S (Denmark), Chembio Diagnostic Systems, Inc. (U.S.), Polysciences, Inc. (U.S.), Innova Biosciences Ltd. (U.K.), Microcoat Biotechnologie GmbH (Germany), Senova GmbH (Germany), Scienion AG (Germany)

13 Company Profiles (Page No. - 208)
(Overview, Strength of Product Portfolio Business Strategy Excellence Products Offering, Recent Development’s, Business Strategy)*
     13.1 Alere Inc.
     13.2 F. Hoffmann-La Roche AG
     13.3 Danaher Corporation
     13.4 Siemens AG
     13.5 Johnson & Johnson
     13.6 Becton, Dickinson and Company
     13.7 Biomιrieux SA
     13.8 Bio-Rad Laboratories, Inc.
     13.9 Thermo Fisher Scientific Inc.
     13.10 Qiagen N.V.
     13.11 Perkinelmer Inc.
     13.12 Abbott Laboratories
     13.13 Hologic, Inc.
     13.14 Quidel Corporation

*Details on Overview, Strength of Product Portfolio Business Strategy Excellence Products Offering, Recent Development’s, Business Strategy Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 271)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (218 Tables)

Table 1 Prevalence of Infectious Diseases Worldwide
Table 2 Prevalence of HIV Infection Worldwide (2016)
Table 3 Regulatory Standard/Approval Required for Lateral Flow Immunoassay Products, By Country/Region
Table 4 Global Lateral Flow Assays Market, By Product, 2015-2022 (USD Million)
Table 5 Global Lateral Flow Assays Market, By Country, 2015-2022 (USD Million)
Table 6 Global Lateral Flow Assay Kits & Reagents Market, By Country/Region, 2015-2022 (USD Million)
Table 7 Lateral Flow Readers Market, By Type, 2015-2022 (USD Million)
Table 8 Global Lateral Flow Readers Market, By Country/Region, 2015-2022 (USD Million)
Table 9 Digital/Mobile Readers Market, By Country/Region, 2015-2022 (USD Million)
Table 10 Benchtop Readers Market, By Country/Region, 2015-2022 (USD Million)
Table 11 Global Lateral Flow Assays Market, By Technique, 2015–2022 (USD Million)
Table 12 Lateral Flow Sandwich Assays Market, By Country, 2015–2022 (USD Million)
Table 13 Lateral Flow Competitive Assays Market, By Country, 2015–2022 (USD Million)
Table 14 Lateral Flow Multiplex Detection Assays Market, By Country, 2015–2022 (USD Million)
Table 15 Global Lateral Flow Assay Market, By Application, 2015-2022 (USD Million)
Table 16 Lateral Flow Assay Market for Clinical/Point-Of-Care Testing, By Type, 2015-2022 (USD Million)
Table 17 Lateral Flow Assay Market for Clinical/Point-Of-Care Testing, By Country, 2015-2022 (USD Million)
Table 18 Infectious Disease Testing Market, By Type, 2015-2022 (USD Million)
Table 19 Infectious Disease Testing Market, By Country, 2015-2022 (USD Million)
Table 20 Mosquito-Borne Disease Testing Market, By Country, 2015-2022 (USD Million)
Table 21 Influenza Testing Market, By Country, 2015-2022 (USD Million)
Table 22 STI Testing Market, By Country, 2015-2022 (USD Million)
Table 23 Hepatitis Testing Market, By Country, 2015-2022 (USD Million)
Table 24 Tuberculosis Testing Market, By Country, 2015-2022 (USD Million)
Table 25 Other Infectious Disease Testing Market, By Country, 2015-2022 (USD Million)
Table 26 Cardiac Marker Testing Market, By Country, 2015-2022 (USD Million)
Table 27 Pregnancy & Fertility Testing Market, By Type, 2015-2022 (USD Million)
Table 28 Pregnancy & Fertility Testing Market, By Country, 2015-2022 (USD Million)
Table 29 Pregnancy Testing Market, By Country, 2015-2022 (USD Million)
Table 30 Fertility Testing Market, By Country, 2015-2022 (USD Million)
Table 31 Cholesterol/Lipid Testing Market, By Country, 2015-2022 (USD Million)
Table 32 Drugs-Of-Abuse Testing Market, By Country, 2015-2022 (USD Million)
Table 33 Other Clinical/Point-Of-Care Tests, By Country, 2015-2022 (USD Million)
Table 34 Lateral Flow Assay Market for Veterinary Diagnostics, By Country, 2015-2022 (USD Million)
Table 35 Lateral Flow Assay Market for Food Safety & Environmental Testing, By Country, 2015-2022 (USD Million)
Table 36 Lateral Flow Assay Market for Drug Development & Quality Testing, By Country, 2015-2022 (USD Million)
Table 37 Global Lateral Flow Assays Market, By End User, 2015–2022 (USD Million)
Table 38 Lateral Flow Assays Market for Hospitals and Clinics, By Country, 2015–2022 (USD Million)
Table 39 Lateral Flow Assays Market for Home Care, By Country, 2015–2022 (USD Million)
Table 40 Lateral Flow Assays Market for Diagnostic Laboratories, By Country, 2015–2022 (USD Million)
Table 41 Lateral Flow Assays Market for Pharmaceutical and Biotechnology Companies, By Country, 2015–2022 (USD Million)
Table 42 Lateral Flow Assays Market for Other End Users, By Country, 2015–2022 (USD Million)
Table 43 North America: Lateral Flow Assay Market, By Country, 2015–2022 (USD Million)
Table 44 North America: Market, By Product, 2015–2022 (USD Million)
Table 45 North America: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 46 North America: Market, By Technique, 2015–2022 (USD Million)
Table 47 North America: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 48 North America: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 49 North America: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 50 North America: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 51 North America: Market, By End User, 2015–2022 (USD Million)
Table 52 U.S.: Macroeconomic Indicators
Table 53 U.S.: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 54 U.S.: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 55 U.S.: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 56 U.S.: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 57 U.S.: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 58 U.S.: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 59 U.S.: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 60 U.S.: Market, By End User, 2015–2022 (USD Million)
Table 61 Canada: Macroeconomic Indicators
Table 62 Canada: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 63 Canada: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 64 Canada: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 65 Canada: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 66 Canada: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 67 Canada: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 68 Canada: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 69 Canada: Market, By End User, 2015–2022 (USD Million)
Table 70 Europe: Lateral Flow Assay Market, By Country, 2015–2022 (USD Million)
Table 71 Europe: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 72 Europe: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 73 Europe: Market, By Technique, 2015–2022 (USD Million)
Table 74 Europe: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 75 Europe: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 76 Europe: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 77 Europe: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 78 Europe: Market, By End User, 2015–2022 (USD Million)
Table 79 Germany: Macroeconomic Indicators
Table 80 Germany: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 81 Germany: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 82 Germany: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 83 Germany: Market, By Application, 2015–2022 (USD Million)
Table 84 Germany: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 85 Germany: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 86 Germany: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 87 Germany: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 88 France: Macroeconomic Indicators
Table 89 France: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 90 France: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 91 France: Market, By Technique, 2015–2022 (USD Million)
Table 92 France: Market, By Application, 2015–2022 (USD Million)
Table 93 France: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 94 France: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 95 France: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 96 France: Market, By End User, 2015–2022 (USD Million)
Table 97 U.K.: Macroeconomic Indicators
Table 98 U.K.: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 99 U.K.: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 100 U.K.: Market, By Technique, 2015–2022 (USD Million)
Table 101 U.K.: Market, By Application, 2015–2022 (USD Million)
Table 102 U.K.: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 103 U.K.: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 104 U.K.: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 105 U.K.: Market, By End User, 2015–2022 (USD Million)
Table 106 Italy: Macroeconomic Indicators
Table 107 Italy: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 108 Italy: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 109 Italy: Market, By Technique, 2015–2022 (USD Million)
Table 110 Italy: Market, By Application, 2015–2022 (USD Million)
Table 111 Italy: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 112 Italy: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 113 Italy: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 114 Italy: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 115 Spain: Macroeconomic Indicators
Table 116 Spain: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 117 Spain: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 118 Spain: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 119 Spain: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 120 Spain: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 121 Spain: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 122 Spain: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 123 Spain: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 124 RoE: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 125 RoE: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 126 RoE: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 127 RoE: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 128 RoE: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 129 RoE: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 130 RoE: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 131 RoE: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 132 APAC: Lateral Flow Assay Market, By Country, 2015–2022 (USD Million)
Table 133 APAC: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 134 APAC: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 135 APAC: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 136 APAC: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 137 APAC: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 138 APAC: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 139 APAC: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 140 APAC: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 141 Japan: Macroeconomic Indicators
Table 142 Japan: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 143 Japan: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 144 Japan: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 145 Japan: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 146 Japan: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 147 Japan: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 148 Japan: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 149 Japan: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 150 China: Macroeconomic Indicators
Table 151 China: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 152 China: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 153 China: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 154 China: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 155 China: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 156 China: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 157 China: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 158 China: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 159 India: Macroeconomic Indicators
Table 160 India: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 161 India: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 162 India: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 163 India: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 164 India: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 165 India: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 166 India: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 167 India: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 168 RoAPAC: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 169 RoAPAC: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 170 RoAPAC: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 171 RoAPAC: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 172 RoAPAC: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 173 RoAPAC: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 174 RoAPAC: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 175 RoAPAC: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 176 Latin America: Lateral Flow Assay Market, By Country, 2015–2022 (USD Million)
Table 177 Latin America: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 178 Latin America: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 179 Latin America: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 180 Latin America: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 181 Latin America: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 182 Latin America: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 183 Latin America: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 184 Latin America: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 185 Brazil: Macroeconomic Indicators
Table 186 Brazil: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 187 Brazil: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 188 Brazil: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 189 Brazil: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 190 Brazil: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 191 Brazil: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 192 Brazil: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 193 Brazil: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 194 Mexico: Macroeconomic Indicators
Table 195 Mexico: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 196 Mexico: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 197 Mexico: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 198 Mexico: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 199 Mexico: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 200 Mexico: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 201 Mexico: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 202 Mexico: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 203 Rolatam: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 204 Rolatam: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 205 Rolatam: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 206 Rolatam: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 207 Rolatam: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 208 Rolatam: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 209 Rolatam: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 210 Rolatam: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
Table 211 Middle East & Africa: Lateral Flow Assay Market, By Product, 2015–2022 (USD Million)
Table 212 Middle East & Africa: Lateral Flow Readers Market, By Type, 2015–2022 (USD Million)
Table 213 Middle East & Africa: Lateral Flow Assay Market, By Technique, 2015–2022 (USD Million)
Table 214 Middle East & Africa: Lateral Flow Assay Market, By Application, 2015–2022 (USD Million)
Table 215 Middle East & Africa: Clinical/Point-Of-Care Testing, By Type, 2015–2022 (USD Million)
Table 216 Middle East & Africa: Infectious Disease Testing Market, By Type, 2015–2022 (USD Million)
Table 217 Middle East & Africa: Pregnancy and Fertility Testing Market, By Type, 2015–2022 (USD Million)
Table 218 Middle East & Africa: Lateral Flow Assay Market, By End User, 2015–2022 (USD Million)
 
 
List of Figures (44 Figures)
 
Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designations, and Region
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Global Lateral Flow Assays Market, By Product, 2017 vs 2022 (USD Million)
Figure 7 Global Lateral Flow Assays Market, By Technique, 2017 vs 2022 (USD Million)
Figure 8 Global Lateral Flow Assays Market, By Application, 2017 vs 2022 (USD Million)
Figure 9 Global Lateral Flow Assays Market, By End User, 2017 vs 2022 (USD Million)
Figure 10 Geographical Snapshot of the Global Lateral Flow Assays Market
Figure 11 Rapid Growth in the Geriatric Population–Key Factor Driving Market Growth for Lateral Flow Assays
Figure 12 Developing Markets to Register Higher Growth During the Forecast Period
Figure 13 U.S. Accounted for the Largest Share of the Lateral Flow Assays Market in 2016
Figure 14 North America Will Continue to Dominate the Lateral Flow Assays Market in 2022
Figure 15 Clinical Testing Segment Commanded the Largest Share of the Asia Pacific Lateral Flow Assay Market in 2016
Figure 16 Lateral Flow Assays Market: Drivers, Restraints, Opportunities, & Challenges
Figure 17 Global Elderly Population, By Region, 2010 vs 2015 vs 2030
Figure 18 Global Elderly Population, By Country, 2005 vs 2015
Figure 19 Lateral Flow Assays Market: Value Chain Analysis (2016)
Figure 20 Lateral Flow Assays Market: Supply Chain Analysis (2016)
Figure 21 Kits & Reagents Segment Will Continue to Dominate the Global Lateral Flow Assays Market By 2022
Figure 22 The Sandwich Assays Market to Dominate the Global Lateral Flow Assays Market in the Forecast Period
Figure 23 Clinical Testing Segment to Dominated the Global Lateral Flow Assay Market, By Application, During the Forecast Period
Figure 24 Patients Being Treated for HIV Globally, 2000–2015
Figure 25 Hospitals and Clinics Dominated the Global Lateral Flow Assays Market During Forecast Period
Figure 26 Geographical Snapshot
Figure 27 North America: Lateral Flow Assay Market Snapshot
Figure 28 Europe: Lateral Flow Assay Market Snapshot
Figure 29 Global Lateral Flow Assays Market Share Analysis, By Key Player (2016)
Figure 30 Lateral Flow Assays Market (Global) Competitive Leadership Mapping, 2017
Figure 31 Alere, Inc.: Company Snapshot (2016)
Figure 32 F. Hoffmann-La Roche AG : Company Snapshot (2016)
Figure 33 Danaher Corporation: Company Snapshot (2016)
Figure 34 Siemens AG : Company Snapshot (2016)
Figure 35 Johnson & Johnson: Company Snapshot (2016)
Figure 36 Becton, Dickinson and Company: Company Snapshot (2016)
Figure 37 Biomιrieux SA: Company Snapshot (2016)
Figure 38 Bio-Rad Laboratories, Inc.: Company Snapshot (2016)
Figure 39 Thermo Fisher Scientific Inc.: Company Snapshot (2016)
Figure 40 Qiagen N.V.: Company Snapshot (2016)
Figure 41 Perkinelmer, Inc.: Company Snapshot (2016)
Figure 42 Abbott Laboratories: Company Snapshot (2016)
Figure 43 Hologic, Inc.: Company Snapshot (2016)
Figure 44 Quidel Corporation: Company Snapshot (2016)

The global lateral flow assay market is projected to reach USD 8.24 Billion by 2022 from USD 5.55 Billion in 2017, at a CAGR of 8.2%. The growth of this market is majorly driven by the high prevalence of infectious diseases worldwide, rapidly growing geriatric population, growing demand for point-of-care testing, and rising use of home-based lateral flow assay devices.

The report analyzes the global lateral flow assay market by product, application, technique, end user, and region. On the basis of product, the kits & reagents segment accounted for the largest share in 2016, owing to the increasing application of lateral flow kits & reagents for point-of-care testing, growing burden of chronic diseases, and increasing use of lateral flow kits in home care.

Based on application, the lateral flow assay market is categorized into clinical/point-of-care testing, veterinary diagnostics, food safety & environmental testing, and drug development & quality control testing. In 2016, the clinical/point-of-care testing segment accounted for the largest share of this market. The rise in population levels and prevalence of chronic diseases, growing pressure to reduce healthcare costs, and increasing demand for patient-centric care are the major factors driving the growth of the clinical/POC testing market.

The global lateral flow assay market by end user is segmented into hospitals and clinics, home care, diagnostic laboratories, pharmaceutical & biotechnology companies, and other end users. In 2016, the hospitals and clinics segment accounted for the largest share of the market. The large share of this segment is mainly due to factors, such as technological advancements, increasing adoption of point-of-care testing, innovative technologies and devices, and growing patient inclination toward fast and early diagnosis.

Geographically, the global lateral flow assay market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2016, North America held the largest share of this market, and this is primarily attributed to the presence of a highly developed healthcare system, rising geriatric population, increasing incidence of chronic diseases, quick adoption of new innovative products, and a large number of lateral flow assay kits manufacturing companies in this region.

Lateral Flow Assay Market

Reluctance among doctors and patients to change existing diagnostic procedures, the implementation of the excise duty by the U.S. government, and stringent & time-consuming regulatory policies are the key factors restraining the growth of the lateral flow assay market.

Alere, Inc. (U.S.) dominated the global lateral flow assay market in 2016. The company has a diversified product portfolio of lateral flow assay kits and readers. Its position can be attributed to its innovative contributions to the lateral flow assay market. Over the years, the company has developed innovative lateral flow assay products for various medical applications, such as POC testing products that make workflows more efficient and provide quality test results. The company has a strong manufacturing and distribution network across the globe, which allows it to serve customers across the Americas, Africa, Europe, the Middle East, and Asia-Pacific.

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