Lateral Flow Assays Industry Overview The global lateral flow assays market size is expected to reach USD 9.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.0% from 2021 to 2028. Major drivers of the market include an increase in the prevalence of infectious diseases, a rise in government initiatives to curb infectious and chronic diseases, a rise in demand for point of care testing, and strategic mergers and acquisitions. Lateral Flow Assays Market Segmentation Grand View Research has segmented the global lateral flow assays market report on the basis of product, application, technique, end use, and region: Based on the Product Insights, the market is segmented into Kits & Reagents, Lateral Flow Readers.
Based on the Application Insights, the market is segmented into Clinical Testing.
Based on the Technique Insights, the market is segmented into Sandwich Assays, Competitive Assays, Multiplex Detection Assays.
Based on the End-use Insights, the market is segmented into Hospitals & Clinics, Diagnostic Laboratories, Home Care, Pharmaceutical & Biotechnology Companies, Others.
Lateral Flow Assays Regional Outlook
Key Companies Profile & Market Share Insights The market for lateral flow assays is highly competitive with the presence of a large number of key players as well as emerging players in it. The advent of new strategic plans to maintain competitiveness stimulates market growth. The COVID-19 pandemic has resulted in an increasing number of new market entrants, in turn intensifying the market competition. Some prominent players in the global lateral flow assays market include
Order a free sample PDF of the Lateral Flow Assays Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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