Key Players in the Lateral Flow Assays Industry

[Redding California, 18-10-2023] — Meticulous Research, a leading provider of comprehensive market research and analysis, has recently published a report highlighting the top 10 companies operating in the Lateral Flow Assays (LFA) Market. This insightful report delves into the current market landscape, the major players, and key trends in the LFA industry.

The Lateral Flow Assays Market, which is expected to grow at a CAGR of 8.8% from 2020 to 2027, is set to reach an impressive $13.85 billion by 2027. Lateral flow assays are devices that confirm the presence or absence of a target analyte without the need for complex lab equipment. They find extensive use in hospitals and clinical laboratories for the qualitative and quantitative detection of specific antigens and antibodies. This simple and cost-effective technology is employed for detecting pathogens, biomarkers in humans or animals, as well as contaminants in various applications, such as water supplies, foodstuffs, and animal feeds.

The growth of this market can be attributed to several factors, including the advantages of LFA-based rapid tests over traditional laboratory testing, the increasing usage of home-based lateral flow assay kits, the rising demand for point-of-care testing, the prevalence of chronic and infectious diseases, and the growing acceptance of smart devices. Furthermore, the evolving applications of lateral flow assays and the increasing demand for these assays in the food and beverage industry provide significant growth opportunities for companies operating in this market.


Here are the top 10 companies in the Lateral Flow Assays Market: https://meticulousblog.org/top-10-companies-in-lateral-flow-assays-market/

  1. Abbott Laboratories: Abbott Laboratories is known for developing, manufacturing, and selling a wide range of healthcare products, including lateral flow assay devices.
  2. Becton, Dickinson and Company: Becton, Dickinson and Company are a global medical technology company that operates in the lateral flow assays market through its Diagnostic Systems sub-segment.
  3. Thermo Fisher Scientific, Inc.: Thermo Fisher Scientific manufactures scientific instruments, consumables, and chemicals, and is a significant player in the lateral flow assays market.
  4. F. Hoffmann-La Roche AG: F. Hoffmann-La Roche is a leader in in-vitro diagnostics and drugs, and it operates in the lateral flow assays market through its Centralized and Point-Of-Care Solutions segment.
  5. Siemens Healthineers AG: Siemens Healthineers is a provider of healthcare solutions and services and operates in the lateral flow assays market through its Diagnostics segment.
  6. bioMérieux S.A.: bioMérieux specializes in in-vitro diagnostics and operates in the lateral flow assays market through its Immunoassays segment.
  7. Bio-Rad Laboratories, Inc.: Bio-Rad Laboratories is engaged in the research, development, and production of specialty chemicals and operates in the lateral flow assays market through its Clinical Diagnostics segment.
  8. QIAGEN NV: QIAGEN provides sample and assay technologies for molecular diagnostics and operates in the lateral flow assays market through its Molecular Diagnostics segment.
  9. PerkinElmer, Inc.: PerkinElmer provides technology, services, and solutions to various markets, including the lateral flow assays market through its Discovery & Analytical Solutions segment.
  10. Quidel Corporation: Quidel is a prominent provider of diagnostic healthcare products and operates in the lateral flow assays market through its Rapid Immunoassay and Molecular Diagnostic Solutions segments.

 

Meticulous Research's report provides a comprehensive overview of these companies, including recent financial performance, key products, significant company strategies, partnerships, and acquisitions. It also offers a thorough analysis of the Lateral Flow Assays Market, global market size estimates, market share analysis, revenue figures, and coverage of key industry trends.

For more detailed insights and in-depth information on each of these companies, as well as a comprehensive analysis of the Lateral Flow Assays Market, we recommend reviewing Meticulous Research's full report, titled "Global Opportunity Analysis and Industry Forecast (2021-2027)."

About Meticulous Research: Meticulous Research is a leading market research company known for its extensive and accurate research reports. With a dedicated team of industry experts, Meticulous Research provides comprehensive market analysis and helps businesses make informed decisions in a rapidly evolving market landscape.

Top 10 Companies in Lateral Flow Assays Market Revealed : https://meticulousblog.org/top-10-companies-in-lateral-flow-assays-market/

 

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