Booming Growth in Lateral Flow Assay Market Analysis Report 2019 and Forecast to 2024


Posted January 29, 2019 by amarsasane

“Lateral Flow Assay Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2019-2024).

 
            

Global Lateral Flow Assay Market overview:

Detailed Study on Lateral Flow Assay Market is growing at a CAGR during Forecasts year 2024. This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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The major driving factors such as high prevalence of infectious diseases, rise in geriatric population, growth in demand for home-based Lateral Flow Assay Test Kits, increase in disposable income, and surge in demand for point-of-care testing drive the growth of the Global Lateral Flow Assay Market. However, stringent and time-consuming regulatory policies for assays performed to detect presence or absence of any analyte and unwillingness of people towards changing the existing medical practices restrain the market growth. Advancement of technology and increase in applications of lateral flow assay tests in clinical diagnostics provide lucrative opportunities for the market growth.

The Global Drug-Eluting Balloon Market is segmented on the basis of Product Type, End Use Industry and Region. Based on Product Type, the Lateral Flow Assay Market is segmented in Kits & Reagents and Lateral Flow Readers. The Kits and Reagents segment is accounted for the largest share of the Global Lateral Flow Assay Market in 2017. The large share of this segment can be attributed to the increasing application of lateral flow kits & reagents for point-of-care testing, growing burden of chronic diseases and increasing use of lateral flow kits in home care.

The Global Drug-Eluting Balloon Market by End User Industry is segmented into Hospitals and Clinics, Home Care, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies and other end users. In 2017, the Hospitals and clinics segment accounted for the largest share of the market. The large share of this segment is mainly due to factors, such as technological advancements, increasing adoption of point-of-care testing, innovative technologies and devices, and growing patient inclination toward fast and early diagnosis.

As per regional analysis, North America accounted for the largest share of the lateral flow assay market in 2017, followed by Europe and Asia Pacific. The presence of a highly developed healthcare system, rising geriatric population, increasing incidence of chronic diseases, quick adoption of new innovative products, and a large number of lateral flow assay kits manufacturing companies in this region are the major factors responsible for the largest share of North America in the lateral flow assay market.

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Major Key Players:

1 Siemens

2 Abbott

3 Bio-Rad Laboratories

4 Alere

5 Thermo Fisher

6 Johnson & Johnson

7 Becton, Dickinson

8 F. Hoffmann-La Roche

9 Qiagen

10 Biomérieux

11 Danaher

Market segment by Regions/Countries, this report covers:

1 North America

2 Europe

3 China

4 Japan

5 Middle East & Africa

6 India

7 South America and Others.

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Table of Contents:

Global Lateral Flow Assay Market Report 2019

1 Lateral Flow Assay Introduction and Market Overview

2 Industry Chain Analysis

3 Global Lateral Flow Assay Market, by Type

4 Lateral Flow Assay Market, by Application

5 Global Lateral Flow Assay Production, Value ($) by Region (2014-2019)

6 Global Lateral Flow Assay Production, Consumption, Export, Import by Regions (2014-2019)

7 Global Lateral Flow Assay Market Status and SWOT Analysis by Regions

8 Competitive Landscape

9 Global Lateral Flow Assay Market Analysis and Forecast by Type and Application

10 Lateral Flow Assay Market Analysis and Forecast by Region

11 New Project Feasibility Analysis

12 Research Finding and Conclusion

13 Appendix

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Last Updated January 29, 2019