Lateral Flow Assays Market Report Growth PPT

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Lateral Flow Assays Market
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Lateral Flow Assays Market to Reach 13.35 Bn,
Globally, by 2030 at 4.7 CAGR Allied Market
Research
The global lateral flow assays industry was
estimated at 8.35 billion in 2020, and is
anticipated to hit 13.35 billion by 2030,
registering a CAGR of 4.7 from 2021 to
2030. Growing incidence of infectious diseases
across the globe, increase in usage of home based
lateral flow assay kit, and growing demand for
point-of-care testing fuel the growth of the
global lateral flow assays market. On the other
hand, lower accuracy of lateral flow assay tests
and limited reimbursements for lateral flow assay
products restrain the growth to some extent.
Nevertheless, evolving applications of lateral
flow assays are projected to pave the way for
lucrative opportunities for the key players in
the industry.

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• Covid-19 Scenario
• Since LFA test kits come with the potential to
  detect both symptomatic and asymptomatic COVID-19
  infections, huge number of lateral flow
  assay-based tests are being conducted. This
  factor has boosted the market growth in more than
  one way.
• There are also many healthcare companies that are
  developing lateral flow assay devices to detect
  patient antibodies (IgG and IgM) or COVID-19
  viral antigens in blood samples using nasal fluid
  swabs, saliva samples, or finger pricks. 

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• List of key players profiled in the report
• Danaher Corporation
• F. Hoffmann-La Roche AG
• QIAGEN N.V.
• Abbott Laboratories
• Dickinson and Company
• PerkinElmer Inc.
• Siemens Healthineers AG
• Becton
• bioMérieux SA
• Bio-Rad Laboratories, Inc.
• Thermo Fisher Scientific Inc.

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ABOUT US
Allied Market Research (AMR) is a full-service
market research and business-consulting wing of
Allied Analytics LLP based in Portland, Oregon.
Allied Market Research provides global
enterprises as well as medium and small
businesses with unmatched quality of "Market
Research Reports" and "Business Intelligence
Solutions." AMR has a targeted view to provide
business insights and consulting to assist its
clients to make strategic business decisions and
achieve sustainable growth in their respective
market domain.
We are in professional corporate relations with
various companies and this helps us in digging
out market data that helps us generate accurate
research data tables and confirms utmost accuracy
in our market forecasting. Allied Market Research
CEO Pawan Kumar is instrumental in inspiring and
encouraging everyone associated with the company
to maintain high quality of data and help clients
in every way possible to achieve success. Each
and every data presented in the reports published
by us is extracted through primary interviews
with top officials from leading companies of
domain concerned. Our secondary data procurement
methodology includes deep online and offline
research and discussion with knowledgeable
professionals and analysts in the industry.
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