The North America Lateral Flow Assays Market would witness market growth of 2.5% CAGR during the forecast period (2021-2027).
In the last two decades, lateral flow tests have progressed significantly and are now commonly utilized in point-of-care and diagnostic applications whereas lateral flow tests are commonly utilized for infectious detection of diseases, heart disease diagnosis, and veterinary fields. Their application in various new applications has expanded in recent years. Saliva diagnostics, behavioral health, agriculture (identification of genetically modified organisms and crop quality checks), bio warfare (anthrax identification), environmental testing (identification of infecting enzymes in manufacturing facilities), and food microbiology are just a few examples of new application fields for lateral flow assays.
There is an increase in the frequency of different infectious illnesses like Lyme disease, TB, and an increasing mortality rate related with HIV/AIDS in the region. The COVID-19 pandemic affected the region severely and drove the government to implement mass screening programmes, which boosted growth of the market. Abbott Laboratories increased its manufacturing of coronavirus test kits in 2020, including a new instrument that might enable bulk Covid-19 screening. As a result, the business has announced the development of the fourth coronavirus diagnostic method: a lateral flow blood test that might enable mass testing to the general public.
The US market dominated the North America Lateral Flow Assays Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3.7 billion by 2027. The Canada market is estimated to witness a CAGR of 4.8% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 3.9% during (2021 - 2027).
Based on type, the market is segmented into Kits & Reagents and Lateral Flow Readers. Based on Technique, the market is segmented into Sandwich Assays, Competitive Assays, and Multiplex Detection Assays. Based on Sample Type, the market is segmented into Blood Samples, Urine Samples, Saliva Samples , and Other Samples. Based on Application, the market is segmented into Clinical Testing, Drug Development & Quality Testing, Veterinary Diagnostics, and Food Safety & Environmental Testing. Based on End User, the market is segmented into Hospitals & Clinics, Diagnostics Laboratories, Pharmaceuticals & Biotechnology Companies, Home Care Settings, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Lateral Flow Assays Market is Estimated to reach $13.4 Billion by 2027, at a CAGR of 2.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Abbott Laboratories, Becton, Dickinson and Company, Hologic, Inc., Thermo Fisher Scientific, Inc., Danaher Corporation, Bio-Rad Laboratories, Inc., Quidel Corporation, Siemens AG, PerkinElmer, Inc., and F. Hoffmann-La Roche Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Kits & Reagents
- Lateral Flow Readers
By Technique
- Sandwich Assays
- Competitive Assays
- Multiplex Detection Assays
By Sample Type
- Blood Samples
- Urine Samples
- Saliva Samples
- Other Samples
By Application
- Clinical Testing
- Drug Development & Quality Testing
- Veterinary Diagnostics
- Food Safety & Environmental Testing
By End User
- Hospitals & Clinics
- Diagnostics Laboratories
- Pharmaceuticals & Biotechnology Companies
- Home Care Settings
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Abbott Laboratories
- Becton, Dickinson and Company
- Hologic, Inc.
- Thermo Fisher Scientific, Inc.
- Danaher Corporation
- Bio-Rad Laboratories, Inc.
- Quidel Corporation
- Siemens AG
- PerkinElmer, Inc.
- F. Hoffmann-La Roche Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Lateral Flow Assays Market, by Type
1.4.2 North America Lateral Flow Assays Market, by Technique
1.4.3 North America Lateral Flow Assays Market, by Sample Type
1.4.4 North America Lateral Flow Assays Market, by Application
1.4.5 North America Lateral Flow Assays Market, by End User
1.4.6 North America Lateral Flow Assays Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations, Approvals and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Sep – 2022, Jan) Leading Players
Chapter 4. North America Lateral Flow Assays Market by Type
4.1 North America Kits & Reagents Market by Country
4.2 North America Lateral Flow Readers Market by Country
Chapter 5. North America Lateral Flow Assays Market by Technique
5.1 North America Sandwich Assays Market by Country
5.2 North America Competitive Assays Market by Country
5.3 North America Multiplex Detection Assays Technique Market by Country
Chapter 6. North America Lateral Flow Assays Market by Sample Type
6.1 North America Blood Samples Market by Country
6.2 North America Urine Samples Market by Country
6.3 North America Saliva Samples Market by Country
6.4 North America Other Samples Market by Country
Chapter 7. North America Lateral Flow Assays Market by Application
7.1 North America Clinical Testing Market by Country
7.2 North America Drug Development & Quality Testing Market by Country
7.3 North America Veterinary Diagnostics Market by Country
7.4 North America Food Safety & Environmental Testing Market by Country
Chapter 8. North America Lateral Flow Assays Market by End User
8.1 North America Hospitals & Clinics Market by Country
8.2 North America Diagnostics Laboratories Market by Country
8.3 North America Pharmaceuticals & Biotechnology Companies Market by Country
8.4 North America Home Care Settings Market by Country
8.5 North America Others Market by Country
Chapter 9. North America Lateral Flow Assays Market by Country
9.1 US Lateral Flow Assays Market
9.1.1 US Lateral Flow Assays Market by Type
9.1.2 US Lateral Flow Assays Market by Technique
9.1.3 US Lateral Flow Assays Market by Sample Type
9.1.4 US Lateral Flow Assays Market by Application
9.1.5 US Lateral Flow Assays Market by End User
9.2 Canada Lateral Flow Assays Market
9.2.1 Canada Lateral Flow Assays Market by Type
9.2.2 Canada Lateral Flow Assays Market by Technique
9.2.3 Canada Lateral Flow Assays Market by Sample Type
9.2.4 Canada Lateral Flow Assays Market by Application
9.2.5 Canada Lateral Flow Assays Market by End User
9.3 Mexico Lateral Flow Assays Market
9.3.1 Mexico Lateral Flow Assays Market by Type
9.3.2 Mexico Lateral Flow Assays Market by Technique
9.3.3 Mexico Lateral Flow Assays Market by Sample Type
9.3.4 Mexico Lateral Flow Assays Market by Application
9.3.5 Mexico Lateral Flow Assays Market by End User
9.4 Rest of North America Lateral Flow Assays Market
9.4.1 Rest of North America Lateral Flow Assays Market by Type
9.4.2 Rest of North America Lateral Flow Assays Market by Technique
9.4.3 Rest of North America Lateral Flow Assays Market by Sample Type
9.4.4 Rest of North America Lateral Flow Assays Market by Application
9.4.5 Rest of North America Lateral Flow Assays Market by End User
Chapter 10. Company Profiles
10.1 Abbott Laboratories
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.2 Becton, Dickinson and Company
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.3 Hologic, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.4 Thermo Fisher Scientific, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.4.5.2 Geographical Expansions:
10.4.6 SWOT Analysis
10.5 F. Hoffmann-La Roche Ltd.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.6 Danaher Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.7 Bio-Rad laboratories, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.8 Quidel Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.5.3 Geographical Expansions:
10.9 Siemens AG
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. PerkinElmer, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, Approvals and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.5.3 Acquisition and Mergers:
TABLE 1 North America Lateral Flow Assays Market, 2017 - 2020, USD Million
TABLE 2 North America Lateral Flow Assays Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Lateral Flow Assays Market
TABLE 4 Product Launches And Product Expansions– Lateral Flow Assays Market
TABLE 5 Acquisition and Mergers– Lateral Flow Assays Market
TABLE 6 Geographical Expansions – Lateral Flow Assays Market
TABLE 7 North America Lateral Flow Assays Market by Type, 2017 - 2020, USD Million
TABLE 8 North America Lateral Flow Assays Market by Type, 2021 - 2027, USD Million
TABLE 9 North America Kits & Reagents Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Kits & Reagents Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Lateral Flow Readers Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Lateral Flow Readers Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Lateral Flow Assays Market by Technique, 2017 - 2020, USD Million
TABLE 14 North America Lateral Flow Assays Market by Technique, 2021 - 2027, USD Million
TABLE 15 North America Sandwich Assays Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Sandwich Assays Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Competitive Assays Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Competitive Assays Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Multiplex Detection Assays Technique Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Multiplex Detection Assays Technique Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Lateral Flow Assays Market by Sample Type, 2017 - 2020, USD Million
TABLE 22 North America Lateral Flow Assays Market by Sample Type, 2021 - 2027, USD Million
TABLE 23 North America Blood Samples Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Blood Samples Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Urine Samples Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Urine Samples Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Saliva Samples Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Saliva Samples Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Other Samples Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Other Samples Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Lateral Flow Assays Market by Application, 2017 - 2020, USD Million
TABLE 32 North America Lateral Flow Assays Market by Application, 2021 - 2027, USD Million
TABLE 33 North America Clinical Testing Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Clinical Testing Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Drug Development & Quality Testing Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Drug Development & Quality Testing Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Veterinary Diagnostics Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Veterinary Diagnostics Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Food Safety & Environmental Testing Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Food Safety & Environmental Testing Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Lateral Flow Assays Market by End User, 2017 - 2020, USD Million
TABLE 42 North America Lateral Flow Assays Market by End User, 2021 - 2027, USD Million
TABLE 43 North America Hospitals & Clinics Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Hospitals & Clinics Market by Country, 2021 - 2027, USD Million
TABLE 45 North America Diagnostics Laboratories Market by Country, 2017 - 2020, USD Million
TABLE 46 North America Diagnostics Laboratories Market by Country, 2021 - 2027, USD Million
TABLE 47 North America Pharmaceuticals & Biotechnology Companies Market by Country, 2017 - 2020, USD Million
TABLE 48 North America Pharmaceuticals & Biotechnology Companies Market by Country, 2021 - 2027, USD Million
TABLE 49 North America Home Care Settings Market by Country, 2017 - 2020, USD Million
TABLE 50 North America Home Care Settings Market by Country, 2021 - 2027, USD Million
TABLE 51 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 52 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 53 North America Lateral Flow Assays Market by Country, 2017 - 2020, USD Million
TABLE 54 North America Lateral Flow Assays Market by Country, 2021 - 2027, USD Million
TABLE 55 US Lateral Flow Assays Market, 2017 - 2020, USD Million
TABLE 56 US Lateral Flow Assays Market, 2021 - 2027, USD Million
TABLE 57 US Lateral Flow Assays Market by Type, 2017 - 2020, USD Million
TABLE 58 US Lateral Flow Assays Market by Type, 2021 - 2027, USD Million
TABLE 59 US Lateral Flow Assays Market by Technique, 2017 - 2020, USD Million
TABLE 60 US Lateral Flow Assays Market by Technique, 2021 - 2027, USD Million
TABLE 61 US Lateral Flow Assays Market by Sample Type, 2017 - 2020, USD Million
TABLE 62 US Lateral Flow Assays Market by Sample Type, 2021 - 2027, USD Million
TABLE 63 US Lateral Flow Assays Market by Application, 2017 - 2020, USD Million
TABLE 64 US Lateral Flow Assays Market by Application, 2021 - 2027, USD Million
TABLE 65 US Lateral Flow Assays Market by End User, 2017 - 2020, USD Million
TABLE 66 US Lateral Flow Assays Market by End User, 2021 - 2027, USD Million
TABLE 67 Canada Lateral Flow Assays Market, 2017 - 2020, USD Million
TABLE 68 Canada Lateral Flow Assays Market, 2021 - 2027, USD Million
TABLE 69 Canada Lateral Flow Assays Market by Type, 2017 - 2020, USD Million
TABLE 70 Canada Lateral Flow Assays Market by Type, 2021 - 2027, USD Million
TABLE 71 Canada Lateral Flow Assays Market by Technique, 2017 - 2020, USD Million
TABLE 72 Canada Lateral Flow Assays Market by Technique, 2021 - 2027, USD Million
TABLE 73 Canada Lateral Flow Assays Market by Sample Type, 2017 - 2020, USD Million
TABLE 74 Canada Lateral Flow Assays Market by Sample Type, 2021 - 2027, USD Million
TABLE 75 Canada Lateral Flow Assays Market by Application, 2017 - 2020, USD Million
TABLE 76 Canada Lateral Flow Assays Market by Application, 2021 - 2027, USD Million
TABLE 77 Canada Lateral Flow Assays Market by End User, 2017 - 2020, USD Million
TABLE 78 Canada Lateral Flow Assays Market by End User, 2021 - 2027, USD Million
TABLE 79 Mexico Lateral Flow Assays Market, 2017 - 2020, USD Million
TABLE 80 Mexico Lateral Flow Assays Market, 2021 - 2027, USD Million
TABLE 81 Mexico Lateral Flow Assays Market by Type, 2017 - 2020, USD Million
TABLE 82 Mexico Lateral Flow Assays Market by Type, 2021 - 2027, USD Million
TABLE 83 Mexico Lateral Flow Assays Market by Technique, 2017 - 2020, USD Million
TABLE 84 Mexico Lateral Flow Assays Market by Technique, 2021 - 2027, USD Million
TABLE 85 Mexico Lateral Flow Assays Market by Sample Type, 2017 - 2020, USD Million
TABLE 86 Mexico Lateral Flow Assays Market by Sample Type, 2021 - 2027, USD Million
TABLE 87 Mexico Lateral Flow Assays Market by Application, 2017 - 2020, USD Million
TABLE 88 Mexico Lateral Flow Assays Market by Application, 2021 - 2027, USD Million
TABLE 89 Mexico Lateral Flow Assays Market by End User, 2017 - 2020, USD Million
TABLE 90 Mexico Lateral Flow Assays Market by End User, 2021 - 2027, USD Million
TABLE 91 Rest of North America Lateral Flow Assays Market, 2017 - 2020, USD Million
TABLE 92 Rest of North America Lateral Flow Assays Market, 2021 - 2027, USD Million
TABLE 93 Rest of North America Lateral Flow Assays Market by Type, 2017 - 2020, USD Million
TABLE 94 Rest of North America Lateral Flow Assays Market by Type, 2021 - 2027, USD Million
TABLE 95 Rest of North America Lateral Flow Assays Market by Technique, 2017 - 2020, USD Million
TABLE 96 Rest of North America Lateral Flow Assays Market by Technique, 2021 - 2027, USD Million
TABLE 97 Rest of North America Lateral Flow Assays Market by Sample Type, 2017 - 2020, USD Million
TABLE 98 Rest of North America Lateral Flow Assays Market by Sample Type, 2021 - 2027, USD Million
TABLE 99 Rest of North America Lateral Flow Assays Market by Application, 2017 - 2020, USD Million
TABLE 100 Rest of North America Lateral Flow Assays Market by Application, 2021 - 2027, USD Million
TABLE 101 Rest of North America Lateral Flow Assays Market by End User, 2017 - 2020, USD Million
TABLE 102 Rest of North America Lateral Flow Assays Market by End User, 2021 - 2027, USD Million
TABLE 103 Key Information – Abbott Laboratories
TABLE 104 Key information – Becton, Dickinson and Company
TABLE 105 Key information – Hologic, Inc.
TABLE 106 Key Information – Thermo Fisher Scientific, Inc.
TABLE 107 key information – F. Hoffmann-La Roche Ltd.
TABLE 108 Key Information – Danaher Corporation
TABLE 109 Key Information – Bio-Rad Laboratories, Inc.
TABLE 110 key information – Quidel Corporation
TABLE 111 Key Information – Siemens AG
TABLE 112 key Information – PerkinElmer, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 1 KBV Cardinal Matrix
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (Product Launches and Product Expansions : 2020, Sep – 2022, Jan) Leading Players
FIG 4 Recent strategies and developments: Abbott Laboratories
FIG 5 Recent strategies and developments: Hologic, Inc.
FIG 6 Recent strategies and developments: Thermo Fisher Scientific, Inc.
FIG 7 Swot analysis: thermo fisher scientific, inc.
FIG 8 Recent strategies and developments: F. Hoffmann-La Roche Ltd.
FIG 9 Recent strategies and developments: Quidel Corporation
FIG 10 Recent strategies and developments: Siemens AG
FIG 11 Swot analysis: Siemens AG
FIG 12 Recent strategies and developments: PerkinElmer, Inc.