Global Lateral Flow Assay Market is estimated to be valued at USD 11.05 Bn in 2025 and is expected to reach USD 15.55 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.0% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 11.05 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
5.00%
2032 Value Projection:
USD 15.55 Bn
Figure. Lateral Flow Assay Market Share (%), By Region 2025
Lateral flow assays are immunoassay technology used for point-of-care testing to detect the presence or absence of target analytes in samples like urine, blood and saliva. It enables quick diagnosis with results available in minutes. Rising cases of infectious diseases and growing need for point-of-care testing can boost demand for lateral flow assays globally. Moreover, home based lateral flow test kits for conditions like pregnancy, glucose monitoring and COVID are witnessing huge adoption. However, regulations associated with product approval can hamper the market growth during the forecast period.
Market Dynamics:
Global lateral flow assay market growth is driven by factors like rising cases of infectious diseases like HIV, tuberculosis, and influenza which necessitates early diagnosis. Growing geriatric population susceptible to chronic diseases can also boost demand for these assays. Rising demand for point-of-care testing enabled by lateral flow assays, which provides results within minutes, can drive the market growth. Rising sales of home based test kits can offer market growth opportunities. However, factors like stringent regulatory framework and lengthy product approval process can hamper the market growth. High cost of advanced lateral flow assays can also hamper the market growth. Technological advancements to enhance accuracy and reproducibility can offer growth opportunities.
Key Features of the Study:
This report provides in-depth analysis of the global lateral flow assay market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global lateral flow assay market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Abbott, F. Hoffmann-La Roche Ltd, Danaher, Siemens, Becton, Dickinson and Company, bioMerieux SA, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., QIAGEN, PerkinElmer Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global lateral flow assay market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lateral flow assay market
Detailed Segmentation-
By Product Type
Kits and Reagents
Lateral Flow Readers
By Technique
Competitive Assay
Multiplex Detection Assay
Sandwich Assay
By Application
Clinical Testing
Cardiac Marker Testing
Pregnancy & Fertility Testing
Cholesterol Testing/Lipid Profile
Drugs of Abuse Testing
Drug Development & Quality Testing
Other Clinical Tests
By End User
Hospitals & Clinics
Diagnostic Laboratories
Pharmaceutical and Biotechnology Companies
Home Care Settings
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
Abbott Laboratories
Hoffmann-La Roche AG
Thermo Fisher Scientific Inc.
Quidel Corporation
Hologic Inc.
bioMerieux SA
PerkinElmer Inc.
Merck KGaA
QIAGEN NV
Becton, Dickinson and Company
Bio-Rad Laboratories Inc.
Danaher Corporation
Access Bio Inc.
Siemens AG
Chembio Diagnostic Systems Inc.
Abcam PLC
Standard Diagnostics Inc.
Eiken Chemical Co., Ltd.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Technique
Market Snapshot, By Application
Market Snapshot, By End Users
Market Snapshot, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis
4. Global Lateral Flow Assay Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Lateral Flow Assay Market, By Product Type, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Kits and Reagents
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Lateral Flow Readers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Lateral Flow Assay Market, By Technique, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Competitive Assay
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Multiplex Detection Assay
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Sandwich Assay
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Lateral Flow Assay Market, By Application, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Clinical Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Cardiac Marker Testing
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Pregnancy & Fertility Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Cholesterol Testing/Lipid Profile
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Drugs of Abuse Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Drug Development & Quality Testing
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Other Clinical Tests
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
8. Global Lateral Flow Assay Market, By End-User 2020- 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Hospitals & Clinics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Diagnostic Laboratories
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Pharmaceutical and Biotechnology Companies
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Home Care Settings
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
9. Global Lateral Flow Assay Market, By Region, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Deployment Type 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Technique, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End Users, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 - 2032, (USD Bn)