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Lateral Flow Assay Components Market by Type (Membrane, Pad), Application (Clinical Testing (Infectious, Cardiac Marker Test, Fertility, Pregnancy, Cholesterol Testing), Veterinary, Food Safety), Technique, End User & Region - Global Forecast to 2030

Publisher MarketsandMarkets
Published Sep 13, 2025
Length 286 Pages
SKU # MKMK20425525

Description

The global lateral flow assay (LFA) components market is projected to reach USD 486.2 million by 2030 from USD 392.4 million in 2025, at a CAGR of 4.4% during the forecast period.

In recent years, the lateral flow assay components market has gained significant momentum, driven by the increasing prevalence of infectious diseases, rising demand for point-of-care testing, and greater adoption of home-based diagnostics. Ongoing improvements in membranes, pads, and related materials have improved test accuracy and reduced turnaround times, expanding their use in clinical, veterinary, food safety, and drug development settings. Along with established companies, a growing number of small and specialized manufacturers are leading innovation in material design and production methods, offering unique solutions that meet diverse end-user needs and requirements.

“The sandwich assays segment of the lateral flow assay components market, by technique, is expected to hold the largest position during the forecast period.”

The lateral flow assay components market is divided into sandwich assays, competitive assays, and multiplex detection assays. Among these, sandwich assays held the largest market share in 2024, due to their higher sensitivity, specificity, and suitability for detecting larger analytes like bacterial pathogens, viral antigens, and key biomarkers. In this method, the analyte is ""sandwiched"" between two highly specific antibodies, creating a signal that directly correlates with analyte concentration, ensuring reliable and quantitative results. The dominance of sandwich assays is further supported by their use in some of the most common diagnostic tests, including pregnancy testing (hCG), infectious disease testing (HIV, hepatitis B, H. pylori), and cardiac marker detection (troponin, CK-MB, myoglobin). Their ability to consistently produce strong control line signals, regardless of analyte levels, improves test reliability—a vital aspect for clinical and home-based diagnostics. As healthcare providers increasingly adopt point-of-care solutions, the demand for membranes, conjugate pads, and nanoparticles tailored to sandwich assay formats continues to grow. In contrast, competitive assays—more suitable for small molecules with a single antigenic determinant—remain important in areas like drug-of-abuse testing and certain food safety applications. Meanwhile, multiplex detection assays are gaining popularity for their capacity to analyze multiple targets simultaneously. Nevertheless, it is the extensive clinical applications and established diagnostic accuracy of sandwich assays that primarily drive the consumption of components worldwide market.

“The medical device manufacturing companies accounted for the largest market share in the lateral flow assay components market, by end user.”

The lateral flow assay components market, by end user, is divided into medical device manufacturing companies and medical device contract manufacturing companies. Among these, medical device manufacturing companies led the market in 2024, holding the largest share because of their extensive role in designing, engineering, and producing a wide range of diagnostic devices. These companies, including Abbott (US), Hoffmann-La Roche (Switzerland), Danaher Corporation (US), Siemens Healthineers (Germany), Bio-Rad Laboratories (US), Thermo Fisher Scientific (US), PerkinElmer (US), Hologic (US), and Merck KGaA (Germany), are the main consumers of membranes, pads, conjugates, and housing materials. The increasing prevalence of infectious diseases, the growing elderly population, and the rising adoption of home-based and point-of-care diagnostics have driven the integration of LFA components into diagnostic product portfolios. This has made medical device manufacturers the primary demand drivers in the component market. Meanwhile, medical device contract manufacturing companies form a steadily growing segment. As OEMs outsource production for cost savings, faster scalability, and access to specialized expertise, contract manufacturers are becoming important buyers of membranes, pads, and other consumables. This trend is especially strong in Asia-Pacific, where favorable labor costs and supportive manufacturing ecosystems encourage global companies to partner with local producers, further boosting demand for components from this segment.

“The Asia Pacific is the fastest-growing region of the lateral flow assay components market by region.”

The global lateral flow assay components market is segmented into five segments, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to achieve the highest CAGR in the lateral flow assay components market during the forecast period, driven by rapid healthcare expansion, strong economic growth, and increasing investments from both domestic and international players. Key contributors to this growth include high-growth countries such as China, India, Japan, South Korea, Taiwan, Australia, and Singapore. Factors like rising healthcare expenditure, an aging population, longer life expectancy, and the increasing demand for point-of-care and home-based testing are boosting demand for membranes, conjugate pads, gold nanoparticles, and other LFA components. China and India remain the most influential markets due to their expanding healthcare infrastructure, rising incomes, and government focus on diagnostics. India’s increased health budget for FY 2023–24 underscores this commitment. Meanwhile, Southeast Asian economies like Vietnam, Indonesia, and the Philippines are emerging as new growth centers, driven by strong GDP growth, increased manufacturing capacity, and foreign investment. Despite these growth drivers, challenges such as limited awareness of near-patient testing benefits, inadequate reimbursement structures, and infrastructural gaps in rural and remote areas pose barriers to full adoption. Nevertheless, the presence of competitive local manufacturers such as Advanced Microdevices Ltd. (India), J. Mitra & Co. (India), Nupore Filtration (China), and Equinox (China), alongside multinational suppliers, is strengthening the region’s LFA component ecosystem and maintaining its position as the fastest-growing regional market.

A breakdown of the primary participants referred to for this report is provided below:
  • By Company Type: Tier 1: 38%, Tier 2: 29%, and Tier 3: 33%
  • By Designation: C Level: 27%, Director Level: 18%, and Others: 55%
  • By Region: North America: 50%, Europe: 20%, Asia Pacific: 20%, Latin America: 7%, and Middle East & Africa: 3%
Note 1: Companies are classified into tiers based on their total revenue. As of 2023, Tier 1 = >USD 10.00 billion, Tier 2 = USD 1.00 billion to USD 10.00 billion, and Tier 3 =

Note 2: C-level primaries include CEOs, CFOs, COOs, and VPs.

Note 3: Other designations include sales managers, marketing managers, business development managers, product managers, distributors, and suppliers.

The major players operating in the lateral flow assay components market are Danaher Corporation (US), Sartorius AG (Germany), Merck KGaA (Germany), Ahlstrom (Finland), Advanced Microdevices Pvt. Ltd. (India), DCN Diagnostics (US), Fortis Life Sciences, LLC. (US), Cobetter (China), Axiva Sichem Pvt. Ltd. (India), and Nupore Filtration Systems (India).

Research Coverage

This report examines the lateral flow assay components market based on product, application, technique, end user, and region. It also evaluates factors such as drivers, restraints, opportunities, and challenges impacting market growth, and provides details about the competitive landscape of market leaders. Additionally, the report analyzes micro-markets concerning their individual growth trends. It forecasts the revenue of market segments across five major regions and their respective countries regions).

Reasons to Buy the Report

The report will help both established firms and smaller entrants assess the market, which can assist them in gaining a larger market share. Companies purchasing the report can utilize one or a combination of the strategies listed below to strengthen their market position presence.

This report provides insights into the following pointers:
  • Analysis of: key drivers (High prevalence of infectious diseases driving market demand, Rise in geriatric population boosting demand, Growing use of home-based tests driving component consumption, Growing demand for POC testing), restraints (Inconsistent performance of LFAs impacting component demand, Alternative diagnostic technologies limiting adoption), opportunities (Expanding Applications Driving Demand for LFA Components, Rising Demand for LFA Components in the Food & Beverage Sector), challenges (Limited Reimbursements Restricting LFA Component Market, Need for Specialized Storage and Shipping for LFA Membranes)
  • Market Penetration: Comprehensive information on the product portfolios offered by the top players in the lateral flow assay components market
  • Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the lateral flow assay components market
  • Market Development: Comprehensive information on lucrative emerging regions.
  • Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the lateral flow assay components market
  • Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players

Table of Contents

286 Pages
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Market Segmentation And Regional Scope
1.4 Inclusions And Exclusions
1.4.1 Years Considered
1.5 Currency Considered
1.6 Stakeholders
1.7 Summary Of Changes
2 Research Methodology
2.1 Research Data
2.2 Research Approach
2.2.1 Secondary Data
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
2.2.2.1 Primary Sources
2.2.2.2 Key Industry Insights
2.2.2.3 Key Data From Primary Sources
2.2.2.4 Breakdown Of Primary Interviews
2.3 Market Size Estimation
2.3.1 Bottom-up Approach
2.3.1.1 Approach 1: Company Revenue Estimation Approach
2.3.1.2 Approach 2: Based On Cost Of Goods Sold & Component Share
2.3.1.3 Approach 3: Primary Interviews
2.3.1.4 Growth Forecast
2.3.1.5 Cagr Projections
2.3.2 Top-down Approach
2.4 Market Breakdown And Data Triangulation
2.5 Research Assumptions
2.5.1 Study-related Assumptions
2.5.2 Parametric Assumptions
2.5.3 Growth Rate Assumptions
2.6 Research Limitations
2.7 Risk Assessment
3 Executive Summary
4 Premium Insights
4.1 Lateral Flow Assay (Lfa) Components Market Overview
4.2 Asia Pacific: Lateral Flow Assay Components Market, By Product And Country
4.3 Lateral Flow Assay Components Market, By Key Country
4.4 Lateral Flow Assay Components Market, Regional Mix, 2025 Vs. 2030
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 High Prevalence Of Infectious Diseases
5.2.1.2 Rise In Geriatric Population
5.2.1.3 Growing Use Of Home-based Tests Driving Consumption Of Components
5.2.1.4 Growing Demand For Poc Testing
5.2.2 Restraints
5.2.2.1 Inconsistent Performance Of Lfas Impacting Demand For Components
5.2.2.2 Alternative Diagnostic Technologies
5.2.3 Opportunities
5.2.3.1 Expanding Applications Driving Demand For Lfa Components
5.2.3.2 Rising Demand For Lfa Components In Food & Beverage Industry
5.2.4 Challenges
5.2.4.1 Limited Reimbursements
5.2.4.2 Need For Specialized Storage And Shipping For Lfa Components
5.3 Trends/Disruptions Impacting Customer Business
5.4 Pricing Analysis
5.4.1 Average Selling Price Trend Of Lateral Flow Assay Components,
By Key Players, 2023–2025
5.4.2 Average Selling Price Trend Of Lateral Flow Assay Components,
By Region, 2023–2025
5.5 Value Chain Analysis
5.6 Supply Chain Analysis
5.7 Ecosystem Analysis
5.8 Investment And Funding Scenario
5.9 Technology Analysis
5.9.1 Key Technologies
5.9.1.1 Membrane Technology
5.9.2 Complementary Technologies
5.9.2.1 Lyophilization
5.9.3 Adjacent Technologies
5.9.3.1 Enzyme-linked Immunosorbent Assays
5.10 Patent Analysis
5.10.1 List Of Major Patents
5.11 Trade Analysis
5.11.1 Import Data (Hs Code 382200)
5.11.2 Export Data (Hs Code 382200)
5.12 Key Conferences And Events, 2025–2026
5.13 Regulatory Landscape
5.13.1 Regulatory Analysis
5.13.1.1 North America
5.13.1.2 Europe
5.13.1.3 Asia Pacific
5.13.1.3.1 India
5.13.1.3.2 China
5.13.1.3.3 Japan
5.13.2 Regulatory Bodies, Government Agencies,
And Other Organizations
5.13.2.1 North America
5.13.2.2 Europe
5.13.2.3 Asia Pacific
5.13.2.4 Latin America
5.13.2.5 Rest Of The World
5.14 Porter’s Five Forces Analysis
5.14.1 Threat Of New Entrants
5.14.2 Threat Of Substitutes
5.14.3 Bargaining Power Of Buyers
5.14.4 Bargaining Power Of Suppliers
5.14.5 Intensity Of Competitive Rivalry
5.15 Key Stakeholders And Buying Criteria
5.15.1 Key Stakeholders In Buying Process
5.15.2 Buying Criteria
5.16 Impact Of Ai On Lateral Flow Assay Components Market
5.16.1 Introduction
5.16.2 Potential Of Ai In Lateral Flow Assay Components Market
5.16.3 Ai Use Cases
5.16.4 Future Of Ai In Lateral Flow Assay Components Market
5.17 Impact Of 2025 Us Tariffs
5.17.1 Introduction
5.17.2 Key Tariff Rates
5.17.3 Price Impact Analysis
5.17.4 Key Impacts On Regions
5.17.4.1 North America
5.17.4.2 Europe
5.17.4.3 Asia Pacific
5.17.5 Impact On End-use Industries
5.17.5.1 Medical Device Manufacturing Companies
6 Lateral Flow Assay Components Market, By Product
6.1 Introduction
6.2 Membranes
6.2.1 Nitrocellulose Membranes
6.2.1.1 High Protein-binding Affinity To Drive Growth
6.2.2 Other Membranes
6.3 Pads
6.3.1 Sample Pads
6.3.1.1 Role Of Sample Pads In Ensuring Even And Controlled
Sample Distribution To Drive Growth
6.3.2 Conjugate Pads
6.3.2.1 Conjugate Pads As Key Performance Controllers In
Lateral Flow Immunoassays To Drive Growth
6.3.3 Absorbent Pads
6.3.3.1 Absorbent Pads As Critical Backflow Preventers In L
Ateral Flow Immunoassays To Drive Growth
6.4 Others
7 Lateral Flow Assay Components Market, By Technique
7.1 Introduction
7.2 Sandwich Assays
7.2.1 Superior Sensitivity And Specificity To Drive Demand
7.3 Competitive Assays
7.3.1 Lower Sensitivity Of Competitive Assays Compared
To Sandwich Formats To Limit Growth
7.4 Multiplex Detection Assays
7.4.1 Adoption Of Multi-analyte Assays To Drive Growth
8 Lateral Flow Assay Components Market, By Application
8.1 Introduction
8.2 Clinical Testing
8.2.1 Infectious Disease Testing
8.2.1.1 Rising Demand In Emerging Markets To Drive Growth
8.2.2 Cardiac Marker Testing
8.2.2.1 Cardiovascular Disease Prevalence To Drive Demand
8.2.3 Pregnancy & Fertility Testing
8.2.3.1 Lifestyle Changes And Rising Infertility Rates To Fuel Demand
8.2.4 Cholesterol Testing/Lipid Profiling
8.2.4.1 Growing Prevalence Of Obesity And Cardiovascular
Diseases To Drive Demand
8.2.5 Drug-of-abuse Testing
8.2.5.1 Technological Advancements And Workplace Testing Initiatives
To Fuel Growth
8.2.6 Other Clinical Testing Applications
8.3 Veterinary Diagnostics
8.3.1 Infectious Disease Outbreaks In Large Livestock Animals
To Drive Demand
8.4 Food Safety & Environmental Testing
8.4.1 High Sensitivity And Ease Of Use To Fuel Demand For
Lateral Flow Assays In Food Safety
8.5 Drug Development & Quality Testing
8.5.1 Rising Emphasis On Product Safety And Quality Assurance
To Drive Growth
9 Lateral Flow Assay Components Market, By End User
9.1 Introduction
9.2 Medical Device Manufacturing Companies
9.2.1 Rising Point-of-care Testing To Boost Adoption
9.3 Medical Device Contract Manufacturing Companies
9.3.1 Growing Focus On Fast And Early Diagnosis To Drive Growth
10 Lateral Flow Assay Components Market, By Region
10.1 Introduction
10.2 North America
10.2.1 Macroeconomic Outlook
10.2.2 Us
10.2.2.1 Expanding Patient Base And Healthcare Needs To Drive Demand
10.2.3 Canada
10.2.3.1 Research Funding And Policy Support To Drive Demand
10.3 Europe
10.3.1 Macroeconomic Outlook
10.3.2 Germany
10.3.2.1 Rising Point-of-care Testing To Drive Growth
10.3.3 France
10.3.3.1 Aging Population And Healthcare Policies Shaping Demand For Lfa Components
10.3.4 Uk
10.3.4.1 Rising Burden Of Chronic Conditions To Drive Demand
10.3.5 Italy
10.3.5.1 Decentralization Of Healthcare Services To Support Demand
10.3.6 Spain
10.3.6.1 Aging Demographics And Strong Healthcare System To Fuel Demand
10.3.7 Rest Of Europe
10.4 Asia Pacific
10.4.1 Macroeconomic Outlook
10.4.2 China
10.4.2.1 Modernized Healthcare System To Drive Market
10.4.3 Japan
10.4.3.1 Aging Population And Advanced Healthcare System To Fuel Demand
10.4.4 India
10.4.4.1 Growing Base Of Local Manufacturers To Drive Market
10.4.5 Australia
10.4.5.1 Rising Infectious Disease Burden And Healthcare Spending To Drive Market
10.4.6 Rest Of Asia Pacific
10.5 Latin America
10.5.1 Macroeconomic Outlook
10.5.2 Brazil
10.5.2.1 Growing Healthcare Investments And Aging Population To Drive Market
10.5.3 Mexico
10.5.3.1 Expanding Healthcare Access And Rising Chronic Disease Burden To Drive Demand
10.5.4 Rest Of Latin America
10.6 Middle East & Africa
10.6.1 Expanding Healthcare Budgets To Drive Growth
10.6.2 Macroeconomic Outlook
11 Competitive Landscape
11.1 Overview
11.2 Key Player Strategies/Right To Win, 2024
11.2.1 Overview Of Strategies Adopted By Players In Lateral Flow Assay Components Market
11.3 Revenue Analysis, 2022–2024
11.4 Market Share Analysis, 2024
11.5 Company Evaluation Matrix: Key Players, 2024
11.5.1 Stars
11.5.2 Emerging Leaders
11.5.3 Pervasive Players
11.5.4 Participants
11.5.5 Company Footprint: Key Players, 2024
11.5.5.1 Company Footprint
11.5.5.2 Region Footprint
11.5.5.3 Product Footprint
11.5.5.4 Application Footprint
11.5.5.5 Technique Footprint
11.6 Company Evaluation Matrix: Startups/Smes, 2024
11.6.1 Progressive Companies
11.6.2 Responsive Companies
11.6.3 Dynamic Companies
11.6.4 Starting Blocks
11.6.5 Competitive Benchmarking: Startups/Smes, 2024
11.6.5.1 List Of Key Startups/Smes
11.6.5.2 Competitive Benchmarking Of Key Startups/Smes
11.7 Company Valuation And Financial Metrics
11.7.1 Company Valuation
11.7.2 Financial Metrics
11.8 Brand/Product Comparison
11.9 Competitive Scenario
11.9.1 Expansions
11.9.2 Other Developments
12 Company Profiles
12.1 Key Players
12.1.1 Danaher Corporation
12.1.1.1 Business Overview
12.1.1.2 Products Offered
12.1.1.3 Recent Developments
12.1.1.3.1 Expansions
12.1.1.3.2 Others
12.1.1.4 Mnm View
12.1.1.4.1 Key Strengths
12.1.1.4.2 Strategic Choices
12.1.1.4.3 Weaknesses And Competitive Threats
12.1.2 Sartorius Ag
12.1.2.1 Business Overview
12.1.2.2 Products Offered
12.1.2.3 Mnm View
12.1.2.3.1 Key Strengths
12.1.2.3.2 Strategic Choices
12.1.2.3.3 Weaknesses And Competitive Threats
12.1.3 Ahlstrom
12.1.3.1 Business Overview
12.1.3.2 Products Offered
12.1.3.3 Mnm View
12.1.3.3.1 Key Strengths
12.1.3.3.2 Strategic Choices
12.1.3.3.3 Weaknesses And Competitive Threats
12.1.4 Merck Kgaa
12.1.4.1 Business Overview
12.1.4.2 Products Offered
12.1.4.3 Recent Developments
12.1.4.3.1 Expansions
12.1.5 Advanced Microdevices Pvt. Ltd.
12.1.5.1 Business Overview
12.1.5.2 Products Offered
12.1.6 Dcn Diagnostics
12.1.6.1 Business Overview
12.1.6.2 Products Offered
12.1.7 Fortis Life Sciences, Llc.
12.1.7.1 Business Overview
12.1.7.2 Products Offered
12.1.8 Cobetter
12.1.8.1 Business Overview
12.1.8.2 Products Offered
12.1.9 Axiva Sichem Pvt. Ltd.
12.1.9.1 Business Overview
12.1.9.2 Products Offered
12.1.10 Nupore Filtration Systems
12.1.10.1 Business Overview
12.1.10.2 Products Offered
12.2 Other Players
12.2.1 Ballya
12.2.2 Equinox
12.2.3 Cytodiagnostics Inc
12.2.4 Porex
12.2.5 Kenosha
12.2.6 Antiteck Life Sciences Limited
12.2.7 Minipore Micro Products
12.2.8 Prahas Healthcare
12.2.9 Nanohybrids
12.2.10 Prognosis Biotech S.A.
12.2.11 Lateral Dx
12.2.12 Bangs Laboratories
12.2.13 Bbi Solutions
12.2.14 Sona Nanotech
12.2.15 Zhejiang Tailin Bioengineering Co., Ltd.
13 Appendix
13.1 Discussion Guide
13.2 Knowledgestore: Marketsandmarkets’ Subscription Portal
13.3 Customization Options
13.4 Related Reports
13.5 Author Details

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