Wednesday, November 18th, 2020 - The Insight Partners

The global lateral flow assay market is segmented on the basis of product, technique, application and end user. Based on products, the market is segmented as kits and reagents and lateral flow readers. On the basis of technique, the global lateral flow assay market is segmented into sandwich assays, multiplex detection assays and competitive assays. Based on the application the market is classify into drug development and quality testing, clinical or point-of-care testing and others. Clinical or Point-of-Care testing is further sub-segmented into cardiac marker testing, pregnancy & fertility testing, cholesterol/lipid testing, drugs-of-abuse testing infectious disease testing and others. On the basis of the end user the market is classify into hospitals and clinics, home care and pharmaceutical and biotechnology companies.

Lateral flow tests, also known as lateral flow immunochromatographic assays. The lateral flow assay helps to detection of specific antigens and antibodies as well as products of gene amplification. The various liquid samples can be tested using LFAs, including urine, saliva, sweat serum plasma, whole blood and other fluids. These tests are used for medical diagnostics and it gives instantaneous diagnosis directly to patients.

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Some of the Major Market Players Are:

F. Hoffmann-La Roche Ltd

Abbott

Thermo Fisher Scientific

Merck KGaA

Hologic, Inc

bioMerieux SA

Bio-Rad Laboratories, Inc

BD

QIAGEN              

Quidel Corporation

Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Lateral Flow Assay Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

The researchers have analysed the competitive advantages of those involved in the industries or in the In Lateral Flow Assay industry. While historical years were taken as 2020 – 2027, the base year for the study was 2020. Similarly, the report has given its projection for the year 2020 apart from the outlook for years 2020 – 2027.

The objective of the researchers is to find out the sales, value, and status of the In Lateral Flow Assay industry at the international levels. While the status covers the years of 2020 – 2027, the forecast is for the period 2020 – 2027 that will enable market players to not only plan but also execute strategies based on the market needs.

The study wanted to focus on key manufacturers, competitive landscape, and SWOT analysis for the In Lateral Flow Assay Market. Apart from looking into the geographical regions, the report concentrated on key trends and segments that are either driving or preventing the growth of the industry. Researchers have also focused on individual growth trends besides their contribution to the overall market.

An outline of the regional analysis:

  • Geographically, the report segments the In Lateral Flow Assay market into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America.
  • Contribution of each region to the overall market share, along with their growth rate forecast are mentioned in the report.
  • Total sales and revenue generated by each regional market are illustrated.
  • Comprehensive assessment of all opportunities and risks in the In Lateral Flow Assay market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.


Sameer Joshi
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The report aims to provide an overview of lateral flow assay with detailed market segmentation by product, technique, application, end user and geography.

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