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Lateral Flow Assay Market

Published Jul 23, 2025
Length 170 Pages
SKU # CMI20302759

Description

Lateral flow assays are immunoassay technology used for point of care testing to detect the presence or absence of target analytes in samples like urine, blood and saliva. It enables quick diagnosis with results available in minutes. Rising cases of infectious diseases and growing need for point of care testing can boost demand for lateral flow assays globally. Moreover, home based lateral flow test kits for conditions like pregnancy, glucose monitoring and COVID are witnessing huge adoption. However, regulations associated with product approval can hamper the market growth during the forecast period.

Market Dynamics

Global lateral flow assay market growth is driven by factors like rising cases of infectious diseases like HIV, tuberculosis, and influenza which necessitates early diagnosis. Growing geriatric population susceptible to chronic diseases can also boost demand for these assays. Rising demand for point of care testing enabled by lateral flow assays, which provides results within minutes, can drive the market growth. Rising sales of home based test kits can offer market growth opportunities. However, factors like stringent regulatory framework and lengthy product approval process can hamper the market growth. High cost of advanced lateral flow assays can also hamper the market growth. Technological advancements to enhance accuracy and reproducibility can offer growth opportunities.

Key Features of the Study
  • This report provides in depth analysis of the global lateral flow assay market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global lateral flow assay market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Abbott, F. Hoffmann La Roche Ltd, Danaher, Siemens, Becton, Dickinson and Company, bioMérieux SA, Bio Rad Laboratories, Inc., Thermo Fisher Scientific Inc., QIAGEN, PerkinElmer Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up gradation, market expansion, and marketing tactics.
  • Global lateral flow assay market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global lateral flow assay market.
Market Segmentation
  • Product Type Insights (Revenue, USD Bn, 2025 - 2032)
  • Kits and Reagents
  • Lateral Flow Readers
  • Technique Insights (Revenue, USD Bn, 2025 - 2032)
  • Competitive Assay
  • Multiplex Detection Assay
  • Sandwich Assay
  • Application Insights (Revenue, USD Bn, 2025 - 2032)
  • Clinical Testing
  • Cardiac Marker Testing
  • Pregnancy & Fertility Testing
  • Cholesterol Testing/Lipid Profile
  • Drugs of Abuse Testing
  • Drug Development & Quality Testing
  • Other Clinical Tests
  • End User Insights (Revenue, USD Bn, 2025 - 2032)
  • Hospitals & Clinics
  • Diagnostic Laboratories
  • Pharmaceutical and Biotechnology Companies
  • Home Care Settings
  • Others
  • Regional Insights (Revenue, USD Bn, 2025 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Abbott Laboratories
  • F. Hoffmann-La Roche AG
  • Thermo Fisher Scientific Inc.
  • Quidel Corporation
  • Hologic Inc.
  • bioMérieux SA
  • PerkinElmer Inc.
  • Merck KGaA
  • QIAGEN NV
  • Becton, Dickinson and Company
  • Bio-Rad Laboratories Inc.
  • Danaher Corporation
  • Access Bio Inc.
  • Siemens AG
  • Chembio Diagnostic Systems Inc.
  • Abcam PLC
  • Standard Diagnostics Inc.
  • Eiken Chemical Co., Ltd.

Table of Contents

170 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Technique
Market Snapshot, By Application
Market Snapshot, By End Users
Market Snapshot, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter’s Analysis
4. Global Lateral Flow Assay Market, By Product Type, 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Kits and Reagents
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Lateral Flow Readers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
5. Global Lateral Flow Assay Market, By Technique, 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Competitive Assay
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Multiplex Detection Assay
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Sandwich Assay
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
6. Global Lateral Flow Assay Market, By Application, 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Clinical Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Cardiac Marker Testing
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Pregnancy & Fertility Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Cholesterol Testing/Lipid Profile
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Drugs of Abuse Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Drug Development & Quality Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Other Clinical Tests
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
7. Global Lateral Flow Assay Market, By End-User 2020 – 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 – 2032
Segment Trends
Hospitals & Clinics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Diagnostic Laboratories
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Pharmaceutical and Biotechnology Companies
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Home Care Settings
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020–2032, (USD Bn)
8. Global Lateral Flow Assay Market, By Region, 2020 – 2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020–2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 – 2032, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 – 2032, (USD Bn)
North Africa
Central Africa
South Africa
9. Competitive Landscape
Company Profiles
Abbott Laboratories
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
F. Hoffmann-La Roche AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Thermo Fisher Scientific Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Quidel Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Hologic Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
bioMérieux SA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
PerkinElmer Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Merck KGaA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
QIAGEN NV
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Becton, Dickinson and Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Bio-Rad Laboratories Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Danaher Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Access Bio Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Siemens AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Chembio Diagnostic Systems Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Abcam PLC
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Standard Diagnostics Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
Eiken Chemical Co., Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
About us and Sales Contact
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