Global Lateral Flow POC Reader Market Growth 2023-2029

Global Lateral Flow POC Reader Market Growth 2023-2029

Lateral Flow POC Reader is a universal mobile analysis device for the qualitative and quantitative analysis of lateral flow assays, immunological rapid tests for point-of-care diagnostics. The tests can originate in multiple fields of application, such as cancer and heart disease diagnostics or drug screening.

LPI (LP Information)' newest research report, the “Lateral Flow POC Reader Industry Forecast” looks at past sales and reviews total world Lateral Flow POC Reader sales in 2022, providing a comprehensive analysis by region and market sector of projected Lateral Flow POC Reader sales for 2023 through 2029. With Lateral Flow POC Reader sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lateral Flow POC Reader industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lateral Flow POC Reader 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 POC Reader.

The global Lateral Flow POC Reader market size is projected to grow from US$ 578.1 million in 2022 to US$ 711.5 million in 2029; it is expected to grow at a CAGR of 711.5 from 2023 to 2029.

Global Lateral Flow POC Reader key players include Abbott(Alere), QIAGEN, LRE Medical (Esterline), BD Company, Axxin, etc. Global top five manufacturers hold a share over 45%.

North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 45%.

In terms of product, Benchtop Readers is the largest segment, with a share over 65%.

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

Market Segmentation:

Segmentation by type

Digital/Mobile Readers

Benchtop Readers

Segmentation by application

Pregnancy and Fertility Testing

Infectious Disease Testing

Cardiac Marker Testing

Cholesterol and Lipid Testing

Drugs-of-Abuse Testing

Others

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.

Abbott (Alere)

QIAGEN

LRE Medical (Esterline)

BD Company

Axxin

Chembio Diagnostics (optricon)

Trinity Biotech

Detekt Biomedical

Quidel Corporation

Abingdon

Magnasense

Fio Corporation

NOW Diagnostic(Cellmic LLC)

Buhlmann Laboratories

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lateral Flow POC Reader market?

What factors are driving Lateral Flow POC Reader market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lateral Flow POC Reader market opportunities vary by end market size?

How does Lateral Flow POC Reader break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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