Lateral flow assay (LFA) tests also called as lateral flow immunochromatographic assays, are simple device used to detect the presence or absence of intended analyte in sample. This test does not use costly specialized equipment. Generally, these tests are used for clinical diagnostics either for point of care (POC) testing, home testing or laboratory use. A widely accepted and well known application of LFA test is pregnancy test.
These assay tests changing the way in which health care providers deliver diagnostic care to patients. Lateral flow assay test produces quality test results in short duration. This test is widely accepted and employed in several fields from defence to health care. Lateral flow assay test market is witnessing promising technological changes and is one of the most competent area in POC testing devices.
Lateral flow assay test market is expected to witness positive growth owing to higher prevalence of infectious and communicable diseases and increased use rapid testing in home care settings. Apart from this, increasing geriatric population, rising use of lateral flow assay in clinical laboratory practice, increased chronic diseases, and technology up gradation perhaps positively impact the growth of lateral flow assay test market over the forecasted period. However increased regulations, inconsistency in test results may pose restrain to the lateral flow assay market growth over forecasted period.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/11236
|Based on the product type
|Based on the assay type
|Based on the application
|Based on the end user
Get A Customized Scope To Match Your Need Ask An Expert – firstname.lastname@example.org
Global lateral flow assay test market is highly competitive with the strong presence of global players which are focusing on newer technologies to gain significant market share. With the advent of newer technologies in the given market which is expected to prompt the patients from using laboratory facilities to point of care (POC) tests may change the market dynamics over a given period of forecast. Merging of small lab chains into big chains proves to be concentration of revenues from small players to big players. By application segments, clinical laboratories in the global lateral flow assay test market are expected to grow in positive traction owing to higher prevalence of acute and chronic diseases.
North America and Europe will remain key markets for lateral flow assay test market due to higher demand for decentralised laboratory test and presence of highly evolved health care system will boost this market significantly. Asia Pacific is anticipated to register positive growth owing to governmental initiatives, improved healthcare infrastructure, and increased demand for quality care at affordable price.
Some of the key players in the Global lateral flow assay test market are F. Hoffmann-La Roche AG, Alere, Inc., Danaher Corporation, Abbott Laboratories, Inc., Bio-Rad Laboratories, Johnson & Johnson, Thermo Fisher Scientific, Inc.
Pre-Book Right Now for Exclusive Analyst Support @ https://www.persistencemarketresearch.com/checkout/11236
About us: Persistence Market Research
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – email@example.com
Why pay for news and opinions when you can get them for free?
Subscribe for free now!
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact