Lateral Flow Assay Market Growing at Growth Rate of 8.3% by 2020

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Lateral Flow Assay Market Growing at Growth Rate of 8.3% by 2020

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North America is expected to account for the largest share of the global lateral flow assay market @ . It is followed by Europe, Asia-Pacific, and RoW. However, markets in developed geographies like North America and Europe are expected to grow at lower CAGRs as compared to the Asia-Pacific. This is because the Asia-Pacific region is characterized by favorable factors for market growth, such as rising healthcare awareness, presence of less stringent regulations, improving healthcare infrastructure, and increasing demand for quality healthcare at low costs. – PowerPoint PPT presentation

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Title: Lateral Flow Assay Market Growing at Growth Rate of 8.3% by 2020


1
Lateral Flow Assay Market by Product (Reader,
Kits) Application (Clinical Testing (Pregnancy,
Infectious Disease, Cholestrol, Cardiac Marker),
Veterinary, Drug Development) Technique
(Sandwich, Competitive, Multiplex) End User -
Global Forecast to 2020
  • Published Mar 2016
  • Single User License and
  • Corporate User License available

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2
Lateral Flow Assay Market
  • The global lateral flow assay market is expected
    to grow at a strong CAGR of 8.3 during the
    forecast period of 2015 to 2020 and is estimated
    to reach USD 6.78 billion by 2020. The growth in
    this market is majorly driven by the rising
    geriatric population, high prevalence of
    infectious diseases, rising usage of home-based
    lateral flow assay tests, improved focus on
    decentralized or point-of-care diagnostic
    testing, and increasing application of lateral
    flow assay techniques in clinical diagnostics.
    However, difficulty in obtaining regulatory
    approvals due to the constantly changing
    standards, variance in test results, and
    insufficient reimbursements for lateral flow
    assay procedures are posing several challenges to
    the overall growth of the market.
  • Compalte report of 174 market data tables 48
    figures spread through 211 pages and in-depth TOC
    on "Lateral Flow Assay Market" at
    http//www.reportsnreports.com/reports/510741-late
    ral-flow-assay-market-by-product-reader-kits-appli
    cation-clinical-testing-pregnancy-infectious-disea
    se-cholestrol-cardiac-marker-veterinary-drug-devel
    opment-technique-sandwich-competitive-multiplex-en
    d-user-global-forecast-to-2020.html .

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3
Lateral Flow Assay Market
  • In this report, the lateral flow assay market is
    segmented based on products, techniques,
    applications, end users, and region. Based on
    products, the market is segmented into kits
    reagents and lateral flow readers. The lateral
    flow readers market is subsegmented into
    digital/mobile readers and benchtop readers.
    Based on technique, the market is segmented into
    sandwich assay, competitive assay, and multiplex
    detection assay. During the forecast period, the
    sandwich assay segment will continue to dominate
    the lateral flow assay market. This is primarily
    attributed to the successful application of this
    technique in various areas, especially clinical
    testing.
  • Other leading players like F. Hoffmann-La Roche
    AG and Danaher Corporation have a strong
    geographic presence with business operations in
    several geographies, including Europe, North
    America, Latin America, Asia, Middle East, and
    Africa.
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    .com/contacts/RequestSample.aspx?name510741 .

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4
Lateral Flow Assay Market
  • In this report, the lateral flow assay market is
    segmented based on products, techniques,
    applications, end users, and region. Based on
    products, the market is segmented into kits
    reagents and lateral flow readers. The lateral
    flow readers market is subsegmented into
    digital/mobile readers and benchtop readers.
    Based on technique, the market is segmented into
    sandwich assay, competitive assay, and multiplex
    detection assay. During the forecast period, the
    sandwich assay segment will continue to dominate
    the lateral flow assay market. This is primarily
    attributed to the successful application of this
    technique in various areas, especially clinical
    testing.
  • The major players in the lateral flow assay
    market include Alere, Inc. (U.S.), F. Hoffmann-La
    Roche AG (Germany), Danaher Corporation (U.S.),
    Abbott Laboratories, Inc. (U.S.), Becton,
    Dickinson and Company (BD) (U.S.), Siemens
    Healthcare (Germany), and Thermo Fisher
    Scientific, Inc. (U.S.).
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    nt.aspx?name510741 .

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5
Lateral Flow Assay Market
  • Table of Content
  • 1 Introduction
  • 2 Research Methodology
  • 3 Executive Summary
  • 4 Premium Insights
  • 5 Market Overview
  • 6 Industry Insights
  • Sample of this report - http//www.reportsnreports
    .com/contacts/requestsample.aspx?name510741 .
    (US 4650 a single user PDF)

7 Global Lateral Flow Assay Market, By Product 8
Global Lateral Flow Assay Market, By Technique 9
Lateral Flow Assay Market, By Application 10
Global Lateral Flow Assay Market, By End User 11
Lateral Flow Assay Market, By Region 12
Competitive Landscape 13 Company Profiles 14
Appendix
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6
Lateral Flow Assay Market
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