The Business Research Company’s Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2023 evaluates lateral flow immunoassay (LFIA) based rapid test market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global lateral flow immunoassay (LFIA) based rapid test market size is declined from $10.14 billion in 2022 to $9.19 billion in 2023 at a compound annual growth rate (CAGR) of -9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lateral flow immunoassay (LFIA) based rapid test market size is expected to decline to $7.32 billion in 2027 at a CAGR of -5.5%.
The lateral flow immunoassay (LFIA) based rapid test market segments in the report are:
1) By Technique: Competitive Assay, Sandwich Assay, Multiplex Detection Assay
2) By End User: Hospital & Clinic, Diagnostic Laboratory, Home Care, Other End Users
3) By Application: Infectious Disease, Pregnancy & Fertility, Toxicology, Other Applications
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The table of contents in TBRC’s lateral flow immunoassay (LFIA) based rapid test market report includes:
1. Executive Summary
2. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Characteristics
3. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Trends And Strategies
4. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market – Macro Economic Scenario
5. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Size And Growth
……
27. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lateral Flow Immunoassay (LFIA) Based Rapid Test Market
29. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company published its Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Lateral Flow Immunoassay (LFIA) Based Rapid Test market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the lateral flow immunoassay (LFIA) based rapid test market’s segments-1) By Technique: Competitive Assay, Sandwich Assay, Multiplex Detection Assay2) By End User: Hospital and Clinic, Diagnostic Laboratory, Home Care, Others3) By Application: Infectious Disease, Pregnancy and Fertility, Toxicology, Others.View Complete Report:https://www.thebusinessresearchcompany.com/report/lateral-flow-immunoassay-lfia-based-rapid-test-global-market-report-2020-30-covid-19-growth-and-changeLateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global lateral flow immunoassay based rapid test market is expected to decline from $5.98 billion in 2019 to $5.77 billion in 2020 at a compound annual growth rate (CAGR) of -3.63%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The entire supply chain has been disrupted, impacting the market negatively.
The global Lateral Flow Immunoassay Reader Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the lateral flow immunoassay reader market include Abbott, Abingdon, QIAGEN, BD Company, Axxin, LRE Medical, Detekt Biomedical, Quidel Corporation, Magnasense, Skannex, OpTricon, Fio Corporation, NOWDiagnostics Inc, VICAM, IUL, Mobile Assay, Other.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Lateral Flow Immunoassay Reader Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/lateral-flow-immunoassay-reader-market/download-sampleMarket DynamicsThe high demand for rapid test readers that are simple to use, economical, and highly effective in obtaining non-subjective diagnostic test results at hospitals, laboratories, clinics, and other point-of-care locations is the primary stimulant for the growth of this market.
The ability to integrate these readers with a mobile device will be a market booster.
The broad spectrum of testing capabilities provided by these readers and easy integration with LIS and EMR databases will benefit market growth.
