Asia Pacific Lateral Flow Assays Market Size & Outlook

The lateral flow assays market in Asia Pacific is expected to reach a projected revenue of US$ 2,820.1 million by 2030. A compound annual growth rate of 5.2% is expected of Asia Pacific lateral flow assays market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,971.1
Forecast, 2030 (US$M)
$2,820.1
CAGR, 2024 - 2030
5.3%
Report Coverage
Asia Pacific

Asia Pacific lateral flow assays market highlights

  • The Asia Pacific lateral flow assays market generated a revenue of USD 1,971.1 million in 2023.
  • The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
  • In terms of segment, kits & reagents was the largest revenue generating product in 2023.
  • Kits & Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.

Asia Pacific data book summary

Market revenue in 2023USD 1,971.1 million
Market revenue in 2030USD 2,820.1 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentKits & reagents
Fastest growing segmentKits & Reagents
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKits & Reagents, Lateral Flow Readers
Key market players worldwideAbbott Laboratories, Thermo Fisher Scientific Inc, Roche, Bio-Rad Laboratories Inc, BioMerieux SA, QuidelOrtho Corp, Hologic Inc, PerkinElmer, Merck KGaA, BD, Siemens Healthineers AG ADR, Danaher Corp, Qiagen NV

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 19.4% of the global lateral flow assays market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,820.1 million by 2030.

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Lateral Flow Assays Market Companies

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Asia Pacific 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 67.44% in 2023. Horizon Databook has segmented the Asia Pacific lateral flow assays market based on kits & reagents, lateral flow readers covering the revenue growth of each sub-segment from 2018 to 2030.


  • Asia Pacific Lateral Flow Assays Product Outlook (Revenue, USD Million, 2018-2030)
    • Kits & Reagents
    • Lateral Flow Readers
      • Benchtop Readers
      • Digital Readers
  • Asia Pacific 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
    • Veterinary Diagnostics
    • Food Safety & Environment Testing
    • Drug Development & Quality Testing
  • Asia Pacific Lateral Flow Assays Technique Outlook (Revenue, USD Million, 2018-2030)
    • Sandwich Assays
    • Competitive Assays
    • Multiplex Detection Assays
  • Asia Pacific Lateral Flow Assays End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Clinics
    • Diagnostic Laboratories
    • Home Care
    • Pharmaceutical & Biotechnology Companies
    • Others
  • Asia Pacific Lateral Flow Assays Test Type Outlook (Revenue, USD Million, 2018-2030)
    • Lateral Flow Immunoassay
    • Nucleic Acid Lateral Flow Assay

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  • 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific lateral flow assays market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific lateral flow assays market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific lateral flow assays market size, by country, 2018-2030 (US$M)

Asia Pacific Lateral Flow Assays Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific lateral flow assays market size, by country, 2018-2030 (US$M)

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