Europe Lateral Flow Assays Market Size & Outlook

The lateral flow assays market in Europe is expected to reach a projected revenue of US$ 3,255.6 million by 2030. A compound annual growth rate of 4.2% is expected of Europe lateral flow assays market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,441.6
Forecast, 2030 (US$M)
$3,255.6
CAGR, 2024 - 2030
4.2%
Report Coverage
Europe

Europe lateral flow assays market highlights

  • The Europe lateral flow assays market generated a revenue of USD 2,441.6 million in 2023.
  • The market is expected to grow at a CAGR of 4.2% 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, UK is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 2,441.6 million
Market revenue in 2030USD 3,255.6 million
Growth rate4.2% (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, Europe region accounted for 24.0% 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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Europe 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 67.19% in 2023. Horizon Databook has segmented the Europe lateral flow assays market based on kits & reagents, lateral flow readers covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Lateral Flow Assays Product Outlook (Revenue, USD Million, 2018-2030)
    • Kits & Reagents
    • Lateral Flow Readers
      • Benchtop Readers
      • Digital Readers
  • Europe 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
  • Europe Lateral Flow Assays Technique Outlook (Revenue, USD Million, 2018-2030)
    • Sandwich Assays
    • Competitive Assays
    • Multiplex Detection Assays
  • Europe Lateral Flow Assays End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Clinics
    • Diagnostic Laboratories
    • Home Care
    • Pharmaceutical & Biotechnology Companies
    • Others
  • Europe Lateral Flow Assays Test Type Outlook (Revenue, USD Million, 2018-2030)
    • Lateral Flow Immunoassay
    • Nucleic Acid Lateral Flow Assay

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

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

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

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

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