Global Lateral Flow Assay Market Growth (Status and Outlook) 2025-2031

Global Lateral Flow Assay Market Growth (Status and Outlook) 2025-2031

The global Lateral Flow Assay market size is predicted to grow from US$ 6184 million in 2025 to US$ 9094 million in 2031; it is expected to grow at a CAGR of 6.6% from 2025 to 2031.

Lateral Flow Assay is a simple to use diagnostic device used to confirm the presence or absence of a target analyte, such as pathogens or biomarkers in humans or animals, or contaminants in water supplies, foodstuffs, or animal feeds.

Global Lateral Flow Assay key players include Thermo Fisher, Bio-Rad Laboratories, Becton Dickinson, Abbott, Hologic, Inc., etc. Global top five manufacturers hold a share about 45%.

USA is the largest market, with a share over 35%, followed by Europe and China, both have a share about 40 percent.

In terms of product, Sandwich Assays is the largest segment, with a share over 65%. And in terms of application, the largest application is Medicine, followed by Food Safety.

LPI (LP Information)' newest research report, the “Lateral Flow Assay Industry Forecast” looks at past sales and reviews total world Lateral Flow Assay sales in 2024, providing a comprehensive analysis by region and market sector of projected Lateral Flow Assay sales for 2025 through 2031. With Lateral Flow Assay sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lateral Flow Assay industry.

This Insight Report provides a comprehensive analysis of the global Lateral Flow Assay landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Lateral Flow Assay portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lateral Flow Assay market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lateral Flow Assay and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lateral Flow Assay.

This report presents a comprehensive overview, market shares, and growth opportunities of Lateral Flow Assay market by product type, application, key players and key regions and countries.

Segmentation by Type:
Sandwich Assays
Competitive Assays

Segmentation by Application:
Medicine
Environment Testing
Food Safety

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermo Fisher
Bio-Rad Laboratories
Becton, Dickinson
Abbott
Hologic
PerkinElmer
Quidel Corporation
Biomérieux
Qiagen
Siemens
BUHLMANN
IMMY

Please note: The report will take approximately 2 business days to prepare and deliver.