The Worldwide Lateral Flow Assays Industry is Expected to Reach $10.2 billion by 2025 - ResearchAndMarkets.com
The global lateral flow assays market is projected to reach USD 10,230.3 million by 2025 from USD 8,205.3 million in 2020, at a CAGR of 4.5% during the forecast period.
- The global lateral flow assays market is projected to reach USD 10,230.3 million by 2025 from USD 8,205.3 million in 2020, at a CAGR of 4.5% during the forecast period.
- Wide applications of lateral flow assays in food safety and environment testing promote the growth of this segment in the forecast period.
- In the lateral flow assay kits & reagents by technique segment, sandwich assays holds the highest market share
On the basis of technique, the lateral flow assay kits & reagents market is segmented into competitive assays, sandwich assays, and multiplex detection assays. - North America is expected to account for the largest share of the global lateral flow assays market in 2019.