Lateral Flow Assays Market Size becoming larger and Massively Growing up with CAGR of 4.70%

Lateral flow assay market was valued at $8,351.30 Mn in 2020 & is projected to reach $13,352.90 million by 2030 registering a CAGR of 4.70% from 2021 to 2030

PORTLAND, OREGON, UNITED STATES, November 11, 2021 /EINPresswire.com/ — According to the report by Allied Market Research, titled, "Lateral Flow Assays Market by Technique (Sandwich Assays, Competitive Assays, and Multiplex Detection Assays), Product (Kits & Reagents and Lateral Flow Readers), Application (Clinical Testing, Veterinary Diagnostics, Food Safety & Environment Testing and Drug Development & Quality Testing), and End User (Hospitals & Clinics, Diagnostic Laboratories, Home Care, Pharmaceutical & Biotechnology Companies, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030". The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

For Right Perspective and Competitive Insights, Get Sample Report at: https://www.alliedmarketresearch.com/request-sample/2823

The global lateral flow assay market was valued at $8,351.30 million in 2020 and is projected to reach $13,352.90 million by 2030 registering a CAGR of 4.70% from 2021 to 2030.

High prevalence of infectious diseases across the globe, rise in usage of home based lateral flow assay kit, and growing demand for point-of-care testing drive the growth of the global lateral flow assays market. On the other hand, lower accuracy of lateral flow assay tests and limited reimbursements for lateral flow assay products impede the growth to some extent. However, evolving applications of lateral flow assays are expected to pave the way for lucrative opportunities in the industry.

For Right Perspective and Competitive Insights, Get Sample Report at:

Abbott Laboratories
F. Hoffmann-La Roche AG
Siemens Healthineers AG
Becton
Dickinson and Company
bioMérieux SA
PerkinElmer Inc.
Bio-Rad Laboratories, Inc.
Danaher Corporation
Thermo Fisher Scientific Inc.
QIAGEN N.V.

Key Benefits For Stakeholders:

• The study provides an in-depth analysis of the Lateral Flow Assays Market along with the current trends and future estimations to elucidate the imminent investment pockets.

• It offers Lateral Flow Assays Market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.

• A comprehensive analysis of four regions is provided to determine the prevailing opportunities.

• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Lateral Flow Assays Market growth.

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Source: EIN Presswire