Lateral flow assay (LFA), or lateral flow immunochromatographic assay, is a paper-based testing solution used in laboratories to detect analytes in complex mixtures. It involves the use of a sample pad, reaction membrane, conjugate pad combined with biorecognition elements and absorbent pad. LFA is widely used in drug development, veterinary diagnostics, pregnancy, tuberculosis, food safety, influenza, drug abuse and D-dimer testing. It also assists in producing simple, rapid, cost-effective and portable detection devices that are utilized for testing biological samples of serum, plasma and blood. As a result, it finds extensive applications in clinics, diagnostic laboratories, hospitals and pharmaceutical manufacturing units.

Lateral Flow Assay Market Trends:

The global lateral flow assay market is primarily being driven by the increasing prevalence of chronic and infectious diseases. LFA is widely used to detect the presence of pathogens or biomarkers in samples of food, saliva and urine. Moreover, various technological advancements, such as the development of novel smartphone applications, are providing a thrust to the market growth. These applications are integrated with artificial intelligence (AI) and machine learning (ML) solutions to automate the accurate reading of the samples. In line with this, the recent outbreak of coronavirus disease (COVID-19) has favored the market growth. LFA kits are widely adopted to detect patients with antibodies and those that have been cured of the infection.

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Lateral Flow Assay Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

Abbott Laboratories, Becton Dickinson and Company, Biomérieux SA, Bio-Rad Laboratories Inc., Danaher Corporation, F. Hoffmann-La Roche AG, Hologic Inc., Merck KGAA, Perkinelmer Inc., Qiagen N.V., Quidel Corporation, Siemens Healthineers AG (Siemens AG) and Thermo Fisher Scientific Inc.

The report has segmented the market on the basis on region, disc type, material type and end user.

Breakup by Technique:

Sandwich Assays

Competitive Assays

Multiplex Detection Assays

Breakup by Product:

Kits and Reagents

Lateral Flow Readers

Digital/Mobile Readers

Benchtop Readers

Breakup by Application:

Clinical Testing

Infectious Disease Testing

Cardiac Marker Testing

Pregnancy and Fertility Testing

Cholesterol Testing/Lipid Profile

Drug Abuse Testing

Others

Veterinary Diagnostics

Food Safety and Environment Testing

Drug Development and Quality Testing

Breakup by End User:

Hospitals and Clinics

Diagnostic Laboratories

Home Care

Pharmaceutical and Biotechnology Companies

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

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