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Global Lateral Flow Immunoassay Reader Market Report By Type (Digital/Mobile Readers, Benchtop Readers), By Application (Hospitals & Clinics, Home Care, Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11214109
July 2021
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Lateral Flow Immunoassay Reader Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A lateral flow immunoassay reader is a battery-operated electronic device that uses image analysis algorithms to provide the users with qualitative, semi-quantitative, and quantitative results of the immunoassay tests. These readers are very precise and can read multiple tests simultaneously in one scan, and are scalable to meet larger test volumes with simple hardware adaptations. They eliminate the potential for human errors and have Bluetooth systems for easy integration with all electronic health record systems.
Market Dynamics
The 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. The use of these devices in various other sectors like forensics, veterinary, food testing, and environmental protection will further enhance the market growth. The growing popularity of immunoassay for diagnostic tests in developing countries due to its affordability, sensitivity, user-friendliness, robustness, rapid testing, and deliverability will boost the market growth. High investment costs and lack of accuracy are a few barriers hampering the development of this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of lateral flow immunoassay reader. The growth and trends of lateral flow immunoassay reader industry provide a holistic approach to this study.
Market Segmentation
This section of the lateral flow immunoassay reader market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
This section covers the regional outlook, which accentuates current and future demand for the Lateral Flow Immunoassay Reader market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Lateral Flow Immunoassay Reader Market Share by Region (Representative Graph)
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.
A lateral flow immunoassay reader is a battery-operated electronic device that uses image analysis algorithms to provide the users with qualitative, semi-quantitative, and quantitative results of the immunoassay tests. These readers are very precise and can read multiple tests simultaneously in one scan, and are scalable to meet larger test volumes with simple hardware adaptations. They eliminate the potential for human errors and have Bluetooth systems for easy integration with all electronic health record systems.
Market Dynamics
The 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. The use of these devices in various other sectors like forensics, veterinary, food testing, and environmental protection will further enhance the market growth. The growing popularity of immunoassay for diagnostic tests in developing countries due to its affordability, sensitivity, user-friendliness, robustness, rapid testing, and deliverability will boost the market growth. High investment costs and lack of accuracy are a few barriers hampering the development of this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of lateral flow immunoassay reader. The growth and trends of lateral flow immunoassay reader industry provide a holistic approach to this study.
Market Segmentation
This section of the lateral flow immunoassay reader market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Digital/Mobile Readers
- Benchtop Readers
- Hospitals & Clinics
- Home Care
- Diagnostic Laboratories
- Pharmaceutical & Biotechnology Companies
- Others
This section covers the regional outlook, which accentuates current and future demand for the Lateral Flow Immunoassay Reader market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Lateral Flow Immunoassay Reader Market Share by Region (Representative Graph)
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.
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1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . LATERAL FLOW IMMUNOASSAY READER – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Type
3.7.2 By Application
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL LATERAL FLOW IMMUNOASSAY READER MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Digital/Mobile Readers Market by Regions
6.5 Benchtop Readers Market by Regions
7 . GLOBAL LATERAL FLOW IMMUNOASSAY READER MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Hospitals & Clinics Market by Regions
7.5 Home Care Market by Regions
7.6 Diagnostic Laboratories Market by Regions
7.7 Pharmaceutical & Biotechnology Companies Market by Regions
7.8 Others Market by Regions
8 . GLOBAL LATERAL FLOW IMMUNOASSAY READER MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE LATERAL FLOW IMMUNOASSAY READER COMPANIES
9.1. Lateral Flow Immunoassay Reader Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF LATERAL FLOW IMMUNOASSAY READER INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Abbott
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Abingdon
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. QIAGEN
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. BD Company
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Axxin
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. LRE Medical
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Detekt Biomedical
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Chembio Diagnostics
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. Quidel Corporation
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Trinity Biotech
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
10.13. Magnasense
10.13.1. Company Overview
10.13.2. Financials
10.13.3. Products
10.13.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- Digital/Mobile Readers Market by Geography (USD MN)
- Benchtop Readers Market by Geography (USD MN)
- Analysis Market by Application (USD MN)
- Hospitals & Clinics Market by Geography (USD MN)
- Home Care Market by Geography (USD MN)
- Diagnostic Laboratories Market by Geography (USD MN)
- Pharmaceutical & Biotechnology Companies Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Lateral Flow Immunoassay Reader Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Lateral Flow Immunoassay Reader Report
- Market Research Process
- Market Research Methodology
- Global Lateral Flow Immunoassay Reader Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Digital/Mobile Readers Market by Geography (USD MN)
- Benchtop Readers Market by Geography (USD MN)
- Global Market Analysis by Application (USD MN)
- Hospitals & Clinics Market by Geography (USD MN)
- Home Care Market by Geography (USD MN)
- Diagnostic Laboratories Market by Geography (USD MN)
- Pharmaceutical & Biotechnology Companies Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Related Categories
Medical Devices
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments