Global Lateral Flow Assays Market Size & Outlook
Global lateral flow assays market, 2018-2030 (US$M)
Related Markets
Global lateral flow assays market highlights
- The global lateral flow assays market generated a revenue of USD 10,155.3 million in 2023 and is expected to reach USD 13,597.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, kits & reagents accounted for a revenue of USD 6,894.1 million in 2023.
- Kits & Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 10,155.3 million |
| Market revenue in 2030 | USD 13,597.2 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Kits & Reagents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Lateral Flow Readers |
Other key industry trends
- In terms of revenue, the North America accounted for 35.6% of the global lateral flow assays market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 483.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Lateral Flow Assays Market Scope
Lateral Flow Assays Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global lateral flow assays market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lateral flow assays market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 67.89% in 2023. Horizon Databook has segmented the Global lateral flow assays market based on kits & reagents, lateral flow readers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Lateral Flow Assays Product Outlook (Revenue, USD Million, 2018-2030)
- Kits & Reagents
- Lateral Flow Readers
- Benchtop Readers
- Digital Readers
- Global Lateral Flow Assays Application Outlook (Revenue, USD Million, 2018-2030)
- Clinical Testing
- Infectious Disease Testing
- COVID-19
- Mosquito Borne Disease Testing
- Influenza Testing
- Sexually Transmitted Infection Testing
- HIV Testing
- HPV Testing
- Chlamydia Testing
- Gonorrhea Testing
- Syphilis Testing
- Other STI Testing
- Hepatitis
- Tuberculosis
- Other Infectious Diseases
- Cardiac Marker Testing
- Troponin I and T Testing
- CK-MB Testing
- BNP and NT-Probnp Testing
- Myoglobin Testing
- D-Dimer Testing
- Other Cardiac Marker Tests
- Pregnancy & Fetility Testing
- Pregnancy Testing
- Fertility Testing
- Cholesterol Testing/Lipid Profile
- Drugs of Abuse Testing
- Other Clinical Tests
- Infectious Disease Testing
- Veterinary Diagnostics
- Food Safety & Environment Testing
- Drug Development & Quality Testing
- Clinical Testing
- Global Lateral Flow Assays Technique Outlook (Revenue, USD Million, 2018-2030)
- Sandwich Assays
- Competitive Assays
- Multiplex Detection Assays
- Global Lateral Flow Assays End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Diagnostic Laboratories
- Home Care
- Pharmaceutical & Biotechnology Companies
- Others
- Global Lateral Flow Assays Test Type Outlook (Revenue, USD Million, 2018-2030)
- Lateral Flow Immunoassay
- Nucleic Acid Lateral Flow Assay
Reasons to subscribe to Global lateral flow assays market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global lateral flow assays market databook
-
Our clientele includes a mix of lateral flow assays market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global lateral flow assays market , including forecasts for subscribers. This global databook contains high-level insights into Global lateral flow assays market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global lateral flow assays market size, by regions, 2018-2030 (US$M)
Top 10 countries: Lateral flow assays market size, 2023 (US$M)
Global lateral flow assays market share, by product, 2023 & 2030 (%, US$M)
Lateral flow assays market: Opportunity assessment by country
Global lateral flow assays market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,263.5 | 2,367.3 | 3,529.3 | 4,384.5 | 3,834.6 | 3,620.2 | 3,489.4 | 3,578.4 | 3,698.0 | 3,858.2 | 4,063.4 | 4,319.8 | 4,635.1 | 3.6% |
| Europe | 1,484.7 | 1,561.4 | 2,340.6 | 2,924.1 | 2,571.7 | 2,441.6 | 2,366.8 | 2,441.1 | 2,537.2 | 2,662.5 | 2,820.6 | 3,016.2 | 3,255.6 | 4.2% |
| Asia Pacific | 1,136.6 | 1,208.3 | 1,830.9 | 2,311.7 | 2,054.6 | 1,971.1 | 1,930.6 | 2,011.7 | 2,112.2 | 2,238.9 | 2,395.6 | 2,587.2 | 2,820.1 | 5.3% |
| Latin America | 814.7 | 859.7 | 1,293.3 | 1,621.3 | 1,430.9 | 1,363.3 | 1,326.1 | 1,372.4 | 1,431.4 | 1,507.3 | 1,602.2 | 1,719.2 | 1,862.0 | 4.6% |
| MEA | 457.6 | 482.0 | 723.9 | 905.9 | 798.1 | 759.0 | 737.1 | 761.5 | 792.9 | 833.5 | 884.5 | 947.5 | 1,024.5 | 4.4% |
| Overall | 6,156.9 | 6,478.6 | 9,718.0 | 12,147.5 | 10,689.8 | 10,155.3 | 9,849.9 | 10,165.1 | 10,571.7 | 11,100.3 | 11,766.3 | 12,590.0 | 13,597.2 | 4.3% |
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
