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Lateral Flow Diagnostic Tests-Global Market Insights and Sales Trends 2025
Synopsis
The global Lateral Flow Diagnostic Tests market size is expected to reach US$ 3004.9 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Lateral Flow Diagnostic Tests in various end use industries. The expanding demands from the Hospitals, Clinics, Diagnostic Laboratories and Others, are propelling Lateral Flow Diagnostic Tests market. Instruments, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reagents & Kits segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lateral Flow Diagnostic Tests, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lateral Flow Diagnostic Tests market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lateral Flow Diagnostic Tests market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lateral Flow Diagnostic Tests sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lateral Flow Diagnostic Tests covered in this report include Roche, Abbott Laboratories, Danaher, Siemens Healthcare, BD, BioMerieux, Bio-Rad Laboratories, Merck and Qiagen, etc.
The global Lateral Flow Diagnostic Tests market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Roche
Abbott Laboratories
Danaher
Siemens Healthcare
BD
BioMerieux
Bio-Rad Laboratories
Merck
Qiagen
Global Lateral Flow Diagnostic Tests market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lateral Flow Diagnostic Tests market, Segment by Type:
Instruments
Reagents & Kits
Global Lateral Flow Diagnostic Tests market, by Application
Hospitals
Clinics
Diagnostic Laboratories
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lateral Flow Diagnostic Tests manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lateral Flow Diagnostic Tests in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Lateral Flow Diagnostic Tests market size is expected to reach US$ 3004.9 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Lateral Flow Diagnostic Tests in various end use industries. The expanding demands from the Hospitals, Clinics, Diagnostic Laboratories and Others, are propelling Lateral Flow Diagnostic Tests market. Instruments, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reagents & Kits segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lateral Flow Diagnostic Tests, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lateral Flow Diagnostic Tests market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lateral Flow Diagnostic Tests market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lateral Flow Diagnostic Tests sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lateral Flow Diagnostic Tests covered in this report include Roche, Abbott Laboratories, Danaher, Siemens Healthcare, BD, BioMerieux, Bio-Rad Laboratories, Merck and Qiagen, etc.
The global Lateral Flow Diagnostic Tests market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Roche
Abbott Laboratories
Danaher
Siemens Healthcare
BD
BioMerieux
Bio-Rad Laboratories
Merck
Qiagen
Global Lateral Flow Diagnostic Tests market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lateral Flow Diagnostic Tests market, Segment by Type:
Instruments
Reagents & Kits
Global Lateral Flow Diagnostic Tests market, by Application
Hospitals
Clinics
Diagnostic Laboratories
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Lateral Flow Diagnostic Tests manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Lateral Flow Diagnostic Tests in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Lateral Flow Diagnostic Tests Market Overview
1.1 Lateral Flow Diagnostic Tests Product Overview
1.2 Lateral Flow Diagnostic Tests Market Segment by Type
1.2.1 Instruments
1.2.2 Reagents & Kits
1.3 Global Lateral Flow Diagnostic Tests Market Size by Type
1.3.1 Global Lateral Flow Diagnostic Tests Market Size Overview by Type (2018-2029)
1.3.2 Global Lateral Flow Diagnostic Tests Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lateral Flow Diagnostic Tests Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lateral Flow Diagnostic Tests Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lateral Flow Diagnostic Tests Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lateral Flow Diagnostic Tests Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lateral Flow Diagnostic Tests Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lateral Flow Diagnostic Tests Sales Breakdown by Type (2018-2023)
2 Global Lateral Flow Diagnostic Tests Market Competition by Company
2.1 Global Top Players by Lateral Flow Diagnostic Tests Sales (2018-2023)
2.2 Global Top Players by Lateral Flow Diagnostic Tests Revenue (2018-2023)
2.3 Global Top Players by Lateral Flow Diagnostic Tests Price (2018-2023)
2.4 Global Top Manufacturers Lateral Flow Diagnostic Tests Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lateral Flow Diagnostic Tests Market Competitive Situation and Trends
2.5.1 Lateral Flow Diagnostic Tests Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lateral Flow Diagnostic Tests Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lateral Flow Diagnostic Tests as of 2022)
2.7 Date of Key Manufacturers Enter into Lateral Flow Diagnostic Tests Market
2.8 Key Manufacturers Lateral Flow Diagnostic Tests Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lateral Flow Diagnostic Tests Status and Outlook by Region
3.1 Global Lateral Flow Diagnostic Tests Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lateral Flow Diagnostic Tests Historic Market Size by Region
3.2.1 Global Lateral Flow Diagnostic Tests Sales in Volume by Region (2018-2023)
3.2.2 Global Lateral Flow Diagnostic Tests Sales in Value by Region (2018-2023)
3.2.3 Global Lateral Flow Diagnostic Tests Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lateral Flow Diagnostic Tests Forecasted Market Size by Region
3.3.1 Global Lateral Flow Diagnostic Tests Sales in Volume by Region (2024-2029)
3.3.2 Global Lateral Flow Diagnostic Tests Sales in Value by Region (2024-2029)
3.3.3 Global Lateral Flow Diagnostic Tests Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lateral Flow Diagnostic Tests by Application
4.1 Lateral Flow Diagnostic Tests Market Segment by Application
4.1.1 Hospitals
4.1.2 Clinics
4.1.3 Diagnostic Laboratories
4.1.4 Others
4.2 Global Lateral Flow Diagnostic Tests Market Size by Application
4.2.1 Global Lateral Flow Diagnostic Tests Market Size Overview by Application (2018-2029)
4.2.2 Global Lateral Flow Diagnostic Tests Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lateral Flow Diagnostic Tests Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lateral Flow Diagnostic Tests Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lateral Flow Diagnostic Tests Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lateral Flow Diagnostic Tests Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lateral Flow Diagnostic Tests Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lateral Flow Diagnostic Tests Sales Breakdown by Application (2018-2023)
5 North America Lateral Flow Diagnostic Tests by Country
5.1 North America Lateral Flow Diagnostic Tests Historic Market Size by Country
5.1.1 North America Lateral Flow Diagnostic Tests Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lateral Flow Diagnostic Tests Sales in Volume by Country (2018-2023)
5.1.3 North America Lateral Flow Diagnostic Tests Sales in Value by Country (2018-2023)
5.2 North America Lateral Flow Diagnostic Tests Forecasted Market Size by Country
5.2.1 North America Lateral Flow Diagnostic Tests Sales in Volume by Country (2024-2029)
5.2.2 North America Lateral Flow Diagnostic Tests Sales in Value by Country (2024-2029)
6 Europe Lateral Flow Diagnostic Tests by Country
6.1 Europe Lateral Flow Diagnostic Tests Historic Market Size by Country
6.1.1 Europe Lateral Flow Diagnostic Tests Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lateral Flow Diagnostic Tests Sales in Volume by Country (2018-2023)
6.1.3 Europe Lateral Flow Diagnostic Tests Sales in Value by Country (2018-2023)
6.2 Europe Lateral Flow Diagnostic Tests Forecasted Market Size by Country
6.2.1 Europe Lateral Flow Diagnostic Tests Sales in Volume by Country (2024-2029)
6.2.2 Europe Lateral Flow Diagnostic Tests Sales in Value by Country (2024-2029)
7 Asia-Pacific Lateral Flow Diagnostic Tests by Region
7.1 Asia-Pacific Lateral Flow Diagnostic Tests Historic Market Size by Region
7.1.1 Asia-Pacific Lateral Flow Diagnostic Tests Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lateral Flow Diagnostic Tests Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lateral Flow Diagnostic Tests Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lateral Flow Diagnostic Tests Forecasted Market Size by Region
7.2.1 Asia-Pacific Lateral Flow Diagnostic Tests Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lateral Flow Diagnostic Tests Sales in Value by Region (2024-2029)
8 Latin America Lateral Flow Diagnostic Tests by Country
8.1 Latin America Lateral Flow Diagnostic Tests Historic Market Size by Country
8.1.1 Latin America Lateral Flow Diagnostic Tests Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lateral Flow Diagnostic Tests Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lateral Flow Diagnostic Tests Sales in Value by Country (2018-2023)
8.2 Latin America Lateral Flow Diagnostic Tests Forecasted Market Size by Country
8.2.1 Latin America Lateral Flow Diagnostic Tests Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lateral Flow Diagnostic Tests Sales in Value by Country (2024-2029)
9 Middle East and Africa Lateral Flow Diagnostic Tests by Country
9.1 Middle East and Africa Lateral Flow Diagnostic Tests Historic Market Size by Country
9.1.1 Middle East and Africa Lateral Flow Diagnostic Tests Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lateral Flow Diagnostic Tests Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lateral Flow Diagnostic Tests Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lateral Flow Diagnostic Tests Forecasted Market Size by Country
9.2.1 Middle East and Africa Lateral Flow Diagnostic Tests Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lateral Flow Diagnostic Tests Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Roche
10.1.1 Roche Company Information
10.1.2 Roche Introduction and Business Overview
10.1.3 Roche Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Roche Lateral Flow Diagnostic Tests Products Offered
10.1.5 Roche Recent Development
10.2 Abbott Laboratories
10.2.1 Abbott Laboratories Company Information
10.2.2 Abbott Laboratories Introduction and Business Overview
10.2.3 Abbott Laboratories Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Abbott Laboratories Lateral Flow Diagnostic Tests Products Offered
10.2.5 Abbott Laboratories Recent Development
10.3 Danaher
10.3.1 Danaher Company Information
10.3.2 Danaher Introduction and Business Overview
10.3.3 Danaher Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Danaher Lateral Flow Diagnostic Tests Products Offered
10.3.5 Danaher Recent Development
10.4 Siemens Healthcare
10.4.1 Siemens Healthcare Company Information
10.4.2 Siemens Healthcare Introduction and Business Overview
10.4.3 Siemens Healthcare Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Healthcare Lateral Flow Diagnostic Tests Products Offered
10.4.5 Siemens Healthcare Recent Development
10.5 BD
10.5.1 BD Company Information
10.5.2 BD Introduction and Business Overview
10.5.3 BD Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.5.4 BD Lateral Flow Diagnostic Tests Products Offered
10.5.5 BD Recent Development
10.6 BioMerieux
10.6.1 BioMerieux Company Information
10.6.2 BioMerieux Introduction and Business Overview
10.6.3 BioMerieux Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BioMerieux Lateral Flow Diagnostic Tests Products Offered
10.6.5 BioMerieux Recent Development
10.7 Bio-Rad Laboratories
10.7.1 Bio-Rad Laboratories Company Information
10.7.2 Bio-Rad Laboratories Introduction and Business Overview
10.7.3 Bio-Rad Laboratories Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bio-Rad Laboratories Lateral Flow Diagnostic Tests Products Offered
10.7.5 Bio-Rad Laboratories Recent Development
10.8 Merck
10.8.1 Merck Company Information
10.8.2 Merck Introduction and Business Overview
10.8.3 Merck Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Merck Lateral Flow Diagnostic Tests Products Offered
10.8.5 Merck Recent Development
10.9 Qiagen
10.9.1 Qiagen Company Information
10.9.2 Qiagen Introduction and Business Overview
10.9.3 Qiagen Lateral Flow Diagnostic Tests Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Qiagen Lateral Flow Diagnostic Tests Products Offered
10.9.5 Qiagen Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lateral Flow Diagnostic Tests Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Lateral Flow Diagnostic Tests Industrial Chain Analysis
11.4 Lateral Flow Diagnostic Tests Market Dynamics
11.4.1 Lateral Flow Diagnostic Tests Industry Trends
11.4.2 Lateral Flow Diagnostic Tests Market Drivers
11.4.3 Lateral Flow Diagnostic Tests Market Challenges
11.4.4 Lateral Flow Diagnostic Tests Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lateral Flow Diagnostic Tests Distributors
12.3 Lateral Flow Diagnostic Tests Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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