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Lateral Flow Readers-Global Market Insights and Sales Trends 2025
Synopsis
Lateral Flow Reader is a universal mobile analysis device for the qualitative and quantitative analysis of lateral flow assays, immunological rapid tests for diagnostics, especially for point-of-care diagnostics. The tests can originate in multiple fields of application, such as cancer and heart disease diagnostics or drug screening.
The global Lateral Flow Readers market size is expected to reach US$ 715.2 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Lateral Flow Readers in various end use industries. The expanding demands from the Clinical (POC), Veterinary, Food and Beverage and Pharma/Biologics, are propelling Lateral Flow Readers market. Handheld Readers, 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 Benchtop Readers segment is estimated at % CAGR for the next seven-year period.
The Lateral Flow Readers industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European. Global giant manufacturers mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Alere (Abbott) and BD Company have relative higher level of product’s quality. As to Germany, QIAGEN has become as a global leader. In Norway, Skannex leads the technology development. China only has a few small and young producers. The top 5 manufactures are Alere (Abbott), QIAGEN, LRE Medical (Esterline), BD Company and Skannex, with about 46% market shares. The key consumption markets locate at developed countries. North America takes the market share of 36%, followed by Europe with 31%.
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 Readers, 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 Readers 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 Readers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lateral Flow Readers 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 Readers covered in this report include Alere (Abbott), QIAGEN, LRE Medical (Esterline), BD Company, Skannex, Axxin, Detekt, Trinity Biotech and OpTricon, etc.
The global Lateral Flow Readers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Alere (Abbott)
QIAGEN
LRE Medical (Esterline)
BD Company
Skannex
Axxin
Detekt
Trinity Biotech
OpTricon
Quidel Corporation
Abingdon
Fio Corporation
Magnasense
Cellmic
VICAM
Global Lateral Flow Readers 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 Readers market, Segment by Type:
Handheld Readers
Benchtop Readers
Global Lateral Flow Readers market, by Application
Clinical (POC)
Veterinary
Food and Beverage
Pharma/Biologics
Other
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 Readers 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 Readers 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.
Lateral Flow Reader is a universal mobile analysis device for the qualitative and quantitative analysis of lateral flow assays, immunological rapid tests for diagnostics, especially for point-of-care diagnostics. The tests can originate in multiple fields of application, such as cancer and heart disease diagnostics or drug screening.
The global Lateral Flow Readers market size is expected to reach US$ 715.2 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Lateral Flow Readers in various end use industries. The expanding demands from the Clinical (POC), Veterinary, Food and Beverage and Pharma/Biologics, are propelling Lateral Flow Readers market. Handheld Readers, 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 Benchtop Readers segment is estimated at % CAGR for the next seven-year period.
The Lateral Flow Readers industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European. Global giant manufacturers mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Alere (Abbott) and BD Company have relative higher level of product’s quality. As to Germany, QIAGEN has become as a global leader. In Norway, Skannex leads the technology development. China only has a few small and young producers. The top 5 manufactures are Alere (Abbott), QIAGEN, LRE Medical (Esterline), BD Company and Skannex, with about 46% market shares. The key consumption markets locate at developed countries. North America takes the market share of 36%, followed by Europe with 31%.
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 Readers, 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 Readers 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 Readers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lateral Flow Readers 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 Readers covered in this report include Alere (Abbott), QIAGEN, LRE Medical (Esterline), BD Company, Skannex, Axxin, Detekt, Trinity Biotech and OpTricon, etc.
The global Lateral Flow Readers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Alere (Abbott)
QIAGEN
LRE Medical (Esterline)
BD Company
Skannex
Axxin
Detekt
Trinity Biotech
OpTricon
Quidel Corporation
Abingdon
Fio Corporation
Magnasense
Cellmic
VICAM
Global Lateral Flow Readers 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 Readers market, Segment by Type:
Handheld Readers
Benchtop Readers
Global Lateral Flow Readers market, by Application
Clinical (POC)
Veterinary
Food and Beverage
Pharma/Biologics
Other
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 Readers 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 Readers 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 Readers Market Overview
1.1 Lateral Flow Readers Product Overview
1.2 Lateral Flow Readers Market Segment by Type
1.2.1 Handheld Readers
1.2.2 Benchtop Readers
1.3 Global Lateral Flow Readers Market Size by Type
1.3.1 Global Lateral Flow Readers Market Size Overview by Type (2018-2029)
1.3.2 Global Lateral Flow Readers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Lateral Flow Readers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Lateral Flow Readers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Lateral Flow Readers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Lateral Flow Readers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Lateral Flow Readers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Lateral Flow Readers Sales Breakdown by Type (2018-2023)
2 Global Lateral Flow Readers Market Competition by Company
2.1 Global Top Players by Lateral Flow Readers Sales (2018-2023)
2.2 Global Top Players by Lateral Flow Readers Revenue (2018-2023)
2.3 Global Top Players by Lateral Flow Readers Price (2018-2023)
2.4 Global Top Manufacturers Lateral Flow Readers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Lateral Flow Readers Market Competitive Situation and Trends
2.5.1 Lateral Flow Readers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Lateral Flow Readers 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 Readers as of 2022)
2.7 Date of Key Manufacturers Enter into Lateral Flow Readers Market
2.8 Key Manufacturers Lateral Flow Readers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Lateral Flow Readers Status and Outlook by Region
3.1 Global Lateral Flow Readers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Lateral Flow Readers Historic Market Size by Region
3.2.1 Global Lateral Flow Readers Sales in Volume by Region (2018-2023)
3.2.2 Global Lateral Flow Readers Sales in Value by Region (2018-2023)
3.2.3 Global Lateral Flow Readers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Lateral Flow Readers Forecasted Market Size by Region
3.3.1 Global Lateral Flow Readers Sales in Volume by Region (2024-2029)
3.3.2 Global Lateral Flow Readers Sales in Value by Region (2024-2029)
3.3.3 Global Lateral Flow Readers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Lateral Flow Readers by Application
4.1 Lateral Flow Readers Market Segment by Application
4.1.1 Clinical (POC)
4.1.2 Veterinary
4.1.3 Food and Beverage
4.1.4 Pharma/Biologics
4.1.5 Other
4.2 Global Lateral Flow Readers Market Size by Application
4.2.1 Global Lateral Flow Readers Market Size Overview by Application (2018-2029)
4.2.2 Global Lateral Flow Readers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Lateral Flow Readers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Lateral Flow Readers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Lateral Flow Readers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Lateral Flow Readers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Lateral Flow Readers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Lateral Flow Readers Sales Breakdown by Application (2018-2023)
5 North America Lateral Flow Readers by Country
5.1 North America Lateral Flow Readers Historic Market Size by Country
5.1.1 North America Lateral Flow Readers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Lateral Flow Readers Sales in Volume by Country (2018-2023)
5.1.3 North America Lateral Flow Readers Sales in Value by Country (2018-2023)
5.2 North America Lateral Flow Readers Forecasted Market Size by Country
5.2.1 North America Lateral Flow Readers Sales in Volume by Country (2024-2029)
5.2.2 North America Lateral Flow Readers Sales in Value by Country (2024-2029)
6 Europe Lateral Flow Readers by Country
6.1 Europe Lateral Flow Readers Historic Market Size by Country
6.1.1 Europe Lateral Flow Readers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Lateral Flow Readers Sales in Volume by Country (2018-2023)
6.1.3 Europe Lateral Flow Readers Sales in Value by Country (2018-2023)
6.2 Europe Lateral Flow Readers Forecasted Market Size by Country
6.2.1 Europe Lateral Flow Readers Sales in Volume by Country (2024-2029)
6.2.2 Europe Lateral Flow Readers Sales in Value by Country (2024-2029)
7 Asia-Pacific Lateral Flow Readers by Region
7.1 Asia-Pacific Lateral Flow Readers Historic Market Size by Region
7.1.1 Asia-Pacific Lateral Flow Readers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Lateral Flow Readers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Lateral Flow Readers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Lateral Flow Readers Forecasted Market Size by Region
7.2.1 Asia-Pacific Lateral Flow Readers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Lateral Flow Readers Sales in Value by Region (2024-2029)
8 Latin America Lateral Flow Readers by Country
8.1 Latin America Lateral Flow Readers Historic Market Size by Country
8.1.1 Latin America Lateral Flow Readers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Lateral Flow Readers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Lateral Flow Readers Sales in Value by Country (2018-2023)
8.2 Latin America Lateral Flow Readers Forecasted Market Size by Country
8.2.1 Latin America Lateral Flow Readers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Lateral Flow Readers Sales in Value by Country (2024-2029)
9 Middle East and Africa Lateral Flow Readers by Country
9.1 Middle East and Africa Lateral Flow Readers Historic Market Size by Country
9.1.1 Middle East and Africa Lateral Flow Readers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Lateral Flow Readers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Lateral Flow Readers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Lateral Flow Readers Forecasted Market Size by Country
9.2.1 Middle East and Africa Lateral Flow Readers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Lateral Flow Readers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Alere (Abbott)
10.1.1 Alere (Abbott) Company Information
10.1.2 Alere (Abbott) Introduction and Business Overview
10.1.3 Alere (Abbott) Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Alere (Abbott) Lateral Flow Readers Products Offered
10.1.5 Alere (Abbott) Recent Development
10.2 QIAGEN
10.2.1 QIAGEN Company Information
10.2.2 QIAGEN Introduction and Business Overview
10.2.3 QIAGEN Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 QIAGEN Lateral Flow Readers Products Offered
10.2.5 QIAGEN Recent Development
10.3 LRE Medical (Esterline)
10.3.1 LRE Medical (Esterline) Company Information
10.3.2 LRE Medical (Esterline) Introduction and Business Overview
10.3.3 LRE Medical (Esterline) Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 LRE Medical (Esterline) Lateral Flow Readers Products Offered
10.3.5 LRE Medical (Esterline) Recent Development
10.4 BD Company
10.4.1 BD Company Company Information
10.4.2 BD Company Introduction and Business Overview
10.4.3 BD Company Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BD Company Lateral Flow Readers Products Offered
10.4.5 BD Company Recent Development
10.5 Skannex
10.5.1 Skannex Company Information
10.5.2 Skannex Introduction and Business Overview
10.5.3 Skannex Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Skannex Lateral Flow Readers Products Offered
10.5.5 Skannex Recent Development
10.6 Axxin
10.6.1 Axxin Company Information
10.6.2 Axxin Introduction and Business Overview
10.6.3 Axxin Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Axxin Lateral Flow Readers Products Offered
10.6.5 Axxin Recent Development
10.7 Detekt
10.7.1 Detekt Company Information
10.7.2 Detekt Introduction and Business Overview
10.7.3 Detekt Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Detekt Lateral Flow Readers Products Offered
10.7.5 Detekt Recent Development
10.8 Trinity Biotech
10.8.1 Trinity Biotech Company Information
10.8.2 Trinity Biotech Introduction and Business Overview
10.8.3 Trinity Biotech Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Trinity Biotech Lateral Flow Readers Products Offered
10.8.5 Trinity Biotech Recent Development
10.9 OpTricon
10.9.1 OpTricon Company Information
10.9.2 OpTricon Introduction and Business Overview
10.9.3 OpTricon Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 OpTricon Lateral Flow Readers Products Offered
10.9.5 OpTricon Recent Development
10.10 Quidel Corporation
10.10.1 Quidel Corporation Company Information
10.10.2 Quidel Corporation Introduction and Business Overview
10.10.3 Quidel Corporation Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Quidel Corporation Lateral Flow Readers Products Offered
10.10.5 Quidel Corporation Recent Development
10.11 Abingdon
10.11.1 Abingdon Company Information
10.11.2 Abingdon Introduction and Business Overview
10.11.3 Abingdon Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Abingdon Lateral Flow Readers Products Offered
10.11.5 Abingdon Recent Development
10.12 Fio Corporation
10.12.1 Fio Corporation Company Information
10.12.2 Fio Corporation Introduction and Business Overview
10.12.3 Fio Corporation Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Fio Corporation Lateral Flow Readers Products Offered
10.12.5 Fio Corporation Recent Development
10.13 Magnasense
10.13.1 Magnasense Company Information
10.13.2 Magnasense Introduction and Business Overview
10.13.3 Magnasense Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Magnasense Lateral Flow Readers Products Offered
10.13.5 Magnasense Recent Development
10.14 Cellmic
10.14.1 Cellmic Company Information
10.14.2 Cellmic Introduction and Business Overview
10.14.3 Cellmic Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Cellmic Lateral Flow Readers Products Offered
10.14.5 Cellmic Recent Development
10.15 VICAM
10.15.1 VICAM Company Information
10.15.2 VICAM Introduction and Business Overview
10.15.3 VICAM Lateral Flow Readers Sales, Revenue and Gross Margin (2018-2023)
10.15.4 VICAM Lateral Flow Readers Products Offered
10.15.5 VICAM Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Lateral Flow Readers 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 Readers Industrial Chain Analysis
11.4 Lateral Flow Readers Market Dynamics
11.4.1 Lateral Flow Readers Industry Trends
11.4.2 Lateral Flow Readers Market Drivers
11.4.3 Lateral Flow Readers Market Challenges
11.4.4 Lateral Flow Readers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Lateral Flow Readers Distributors
12.3 Lateral Flow Readers 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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