
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.
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
dzéܳ
Qiagen
Siemens
BUHLMANN
IMMY
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lateral Flow Assay Market Size (2020-2031)
2.1.2 Lateral Flow Assay Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Lateral Flow Assay by Country/Region (2020, 2024 & 2031)
2.2 Lateral Flow Assay Segment by Type
2.2.1 Sandwich Assays
2.2.2 Competitive Assays
2.3 Lateral Flow Assay Market Size by Type
2.3.1 Lateral Flow Assay Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Lateral Flow Assay Market Size Market Share by Type (2020-2025)
2.4 Lateral Flow Assay Segment by Application
2.4.1 Medicine
2.4.2 Environment Testing
2.4.3 Food Safety
2.5 Lateral Flow Assay Market Size by Application
2.5.1 Lateral Flow Assay Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Lateral Flow Assay Market Size Market Share by Application (2020-2025)
3 Lateral Flow Assay Market Size by Player
3.1 Lateral Flow Assay Market Size Market Share by Player
3.1.1 Global Lateral Flow Assay Revenue by Player (2020-2025)
3.1.2 Global Lateral Flow Assay Revenue Market Share by Player (2020-2025)
3.2 Global Lateral Flow Assay Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Lateral Flow Assay by Region
4.1 Lateral Flow Assay Market Size by Region (2020-2025)
4.2 Global Lateral Flow Assay Annual Revenue by Country/Region (2020-2025)
4.3 Americas Lateral Flow Assay Market Size Growth (2020-2025)
4.4 APAC Lateral Flow Assay Market Size Growth (2020-2025)
4.5 Europe Lateral Flow Assay Market Size Growth (2020-2025)
4.6 Middle East & Africa Lateral Flow Assay Market Size Growth (2020-2025)
5 Americas
5.1 Americas Lateral Flow Assay Market Size by Country (2020-2025)
5.2 Americas Lateral Flow Assay Market Size by Type (2020-2025)
5.3 Americas Lateral Flow Assay Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lateral Flow Assay Market Size by Region (2020-2025)
6.2 APAC Lateral Flow Assay Market Size by Type (2020-2025)
6.3 APAC Lateral Flow Assay Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Lateral Flow Assay Market Size by Country (2020-2025)
7.2 Europe Lateral Flow Assay Market Size by Type (2020-2025)
7.3 Europe Lateral Flow Assay Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lateral Flow Assay by Region (2020-2025)
8.2 Middle East & Africa Lateral Flow Assay Market Size by Type (2020-2025)
8.3 Middle East & Africa Lateral Flow Assay Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Lateral Flow Assay Market Forecast
10.1 Global Lateral Flow Assay Forecast by Region (2026-2031)
10.1.1 Global Lateral Flow Assay Forecast by Region (2026-2031)
10.1.2 Americas Lateral Flow Assay Forecast
10.1.3 APAC Lateral Flow Assay Forecast
10.1.4 Europe Lateral Flow Assay Forecast
10.1.5 Middle East & Africa Lateral Flow Assay Forecast
10.2 Americas Lateral Flow Assay Forecast by Country (2026-2031)
10.2.1 United States Market Lateral Flow Assay Forecast
10.2.2 Canada Market Lateral Flow Assay Forecast
10.2.3 Mexico Market Lateral Flow Assay Forecast
10.2.4 Brazil Market Lateral Flow Assay Forecast
10.3 APAC Lateral Flow Assay Forecast by Region (2026-2031)
10.3.1 China Lateral Flow Assay Market Forecast
10.3.2 Japan Market Lateral Flow Assay Forecast
10.3.3 Korea Market Lateral Flow Assay Forecast
10.3.4 Southeast Asia Market Lateral Flow Assay Forecast
10.3.5 India Market Lateral Flow Assay Forecast
10.3.6 Australia Market Lateral Flow Assay Forecast
10.4 Europe Lateral Flow Assay Forecast by Country (2026-2031)
10.4.1 Germany Market Lateral Flow Assay Forecast
10.4.2 France Market Lateral Flow Assay Forecast
10.4.3 UK Market Lateral Flow Assay Forecast
10.4.4 Italy Market Lateral Flow Assay Forecast
10.4.5 Russia Market Lateral Flow Assay Forecast
10.5 Middle East & Africa Lateral Flow Assay Forecast by Region (2026-2031)
10.5.1 Egypt Market Lateral Flow Assay Forecast
10.5.2 South Africa Market Lateral Flow Assay Forecast
10.5.3 Israel Market Lateral Flow Assay Forecast
10.5.4 Turkey Market Lateral Flow Assay Forecast
10.6 Global Lateral Flow Assay Forecast by Type (2026-2031)
10.7 Global Lateral Flow Assay Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Lateral Flow Assay Forecast
11 Key Players Analysis
11.1 Thermo Fisher
11.1.1 Thermo Fisher Company Information
11.1.2 Thermo Fisher Lateral Flow Assay Product Offered
11.1.3 Thermo Fisher Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Thermo Fisher Main Business Overview
11.1.5 Thermo Fisher Latest Developments
11.2 Bio-Rad Laboratories
11.2.1 Bio-Rad Laboratories Company Information
11.2.2 Bio-Rad Laboratories Lateral Flow Assay Product Offered
11.2.3 Bio-Rad Laboratories Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Bio-Rad Laboratories Main Business Overview
11.2.5 Bio-Rad Laboratories Latest Developments
11.3 Becton, Dickinson
11.3.1 Becton, Dickinson Company Information
11.3.2 Becton, Dickinson Lateral Flow Assay Product Offered
11.3.3 Becton, Dickinson Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Becton, Dickinson Main Business Overview
11.3.5 Becton, Dickinson Latest Developments
11.4 Abbott
11.4.1 Abbott Company Information
11.4.2 Abbott Lateral Flow Assay Product Offered
11.4.3 Abbott Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Abbott Main Business Overview
11.4.5 Abbott Latest Developments
11.5 Hologic
11.5.1 Hologic Company Information
11.5.2 Hologic Lateral Flow Assay Product Offered
11.5.3 Hologic Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Hologic Main Business Overview
11.5.5 Hologic Latest Developments
11.6 PerkinElmer
11.6.1 PerkinElmer Company Information
11.6.2 PerkinElmer Lateral Flow Assay Product Offered
11.6.3 PerkinElmer Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 PerkinElmer Main Business Overview
11.6.5 PerkinElmer Latest Developments
11.7 Quidel Corporation
11.7.1 Quidel Corporation Company Information
11.7.2 Quidel Corporation Lateral Flow Assay Product Offered
11.7.3 Quidel Corporation Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Quidel Corporation Main Business Overview
11.7.5 Quidel Corporation Latest Developments
11.8 dzéܳ
11.8.1 dzéܳ Company Information
11.8.2 dzéܳ Lateral Flow Assay Product Offered
11.8.3 dzéܳ Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 dzéܳ Main Business Overview
11.8.5 dzéܳ Latest Developments
11.9 Qiagen
11.9.1 Qiagen Company Information
11.9.2 Qiagen Lateral Flow Assay Product Offered
11.9.3 Qiagen Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Qiagen Main Business Overview
11.9.5 Qiagen Latest Developments
11.10 Siemens
11.10.1 Siemens Company Information
11.10.2 Siemens Lateral Flow Assay Product Offered
11.10.3 Siemens Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Siemens Main Business Overview
11.10.5 Siemens Latest Developments
11.11 BUHLMANN
11.11.1 BUHLMANN Company Information
11.11.2 BUHLMANN Lateral Flow Assay Product Offered
11.11.3 BUHLMANN Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 BUHLMANN Main Business Overview
11.11.5 BUHLMANN Latest Developments
11.12 IMMY
11.12.1 IMMY Company Information
11.12.2 IMMY Lateral Flow Assay Product Offered
11.12.3 IMMY Lateral Flow Assay Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 IMMY Main Business Overview
11.12.5 IMMY Latest Developments
12 Research Findings and Conclusion
*If Applicable.
