Dublin, December 30, 2020 (GLOBE NEWSWIRE) – Added Report “Lateral Flow Assay – Global Market Trajectory & Analytics” ResearchAndMarkets.com’s offering.
Global Lateral Flow Assay Market to reach $ 9.7 billion by 2027
Amid the COVID-19 crisis, the global market for Assay Flow Assay is expected to reach US $ 6.3 Billion in the year 2020, a revised volume of US $ 9.7 Billion by 2027, growing at a CAGR of 6.5 % over the period 2020- 2027.
Kits & Reagents, one of the divisions examined in the report, is expected to record 6.9% CAGR and reach US $ 5.8 Billion by the end of the review period. Following an early study of the industrial impacts of the pandemic and the economic crisis it has caused, growth in the Lateral Stream Readers segment has read to a revised 6% CAGR for the next 7-years.
The US Market is estimated at $ 1.7 Billion, while China is expected to grow at 9.9% CAGR
The US Flow Assay market is estimated at US $ 1.7 Billion in the year 2020. China, the second largest economy in the world, is expected to reach a projected market size of US $ 2.1 Billion by the year 2027 slows a CAGR of 9.9% over the analysis period 2020 to 2027. Other geographic markets include Japan and Canada, all expected to grow at 3.5% and 5.8% respectively over the year. period 2020-2027. Within Europe, Germany is expected to grow at around 4.1% CAGR.
The report includes accurate insights into how the pandemic affected productivity and the purchasing side for 2020 and 2021. Short-term gradual recovery is also addressed by key geographies. .
Key topics covered:
I. INTRODUCTION, METHODOLOGY & RANGE OF REPORT
II. SUMMARY
1. OVERVIEW
- Global competitive market shares
- Assay Flow Assay Worldwide competitive market share position (in%): 2019 & 2025
- Lateral flow assessments – introduction
- Lateral Flow Assay Market is set to see rapid growth
- Covid-19 impact and global economic downturn
2. A WORD ON SELECT PLANS
- Abbott Laboratories, Inc.
- Alere, Inc.
- Becton, Dickinson and Company
- bioMerieux SA
- Bio-Rad Laboratories, Inc.
- Corporal Danaher
- F. Hoffmann-La Roche AG
- Hologic, Inc.
- Johnson & Johnson
- PerkinElmer, Inc.
- Qiagen NV
- Corporal Quidel
- Siemens AG
- Thermo Fisher Scientific, Inc.
3. MARKET RESULTS & DIFFERENCES
- Expanding aging population and increase in chronic diseases to drive the demand for lateral flow assessments
- Growing using home based Lateral Assay Flow Assay tools
- Rising popularity of point-of-care testing
- Digital assessments of lateral flow to reshape the health care space
- Late flow assessments to aid in Precision Diagnostics
- Innovations to drive market growth
- Growing demand for lateral flow assessments in food safety
- Product launch
4. GLOBAL MARKET VIEW
III. MARKET ANALYSIS
ANALYSIS OF HUMAN MARKETS
UNITED STATES
- Market facts & figures
- US Assay Flow Assay Market Share (in%) by Company: 2019 & 2025
- Market analyzes
CANADA
JAPAN
CHINA
EUROPE
- Market facts & figures
- Lateral Ass Flow Market Assay: Competitive Market Share Position (in%) for 2019 & 2025
- Market analyzes
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
EUROPEAN CHANGE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
ASIA-PACIFIC CHANGE
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
LATIN AMERICA CHANGE
MIDDLE EAST
IRAN
ISRAEL
ARABIA OF SABHD
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. TABLE
- Total Companies Profile: 41
For more information about this report, visit https://www.researchandmarkets.com/r/ikcxry
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