The global Lateral Flow Readers market size was US$ 627 million in 2024 and is forecast to a readjusted size of US$ 749 million by 2031 with a CAGR of 2.6% during the forecast period 2025-2031.
Lateral Flow Reader is a universal mobile analysis device for the qualitative and quantitative analysis of lateral flow assays, immunological rapid tests for diagnostics, especially for point-of-care diagnostics. The tests can originate in multiple fields of application, such as cancer and heart disease diagnostics or drug screening.
The Lateral Flow Readers industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European. Global giant manufacturers mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Alere (Abbott) and BD Company have relative higher level of product’s quality. As to Germany, QIAGEN has become as a global leader. In Norway, Skannex leads the technology development. China only has a few small and young producers. The top 5 manufactures are Alere (Abbott), QIAGEN, LRE Medical (Esterline), BD Company and Skannex, with about 46% market shares. The key consumption markets locate at developed countries. North America takes the market share of 36%, followed by Europe with 31%.
The global Lateral Flow Readers market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
Alere (Abbott)
QIAGEN
LRE Medical (Esterline)
BD Company
Skannex
Axxin
Detekt
Trinity Biotech
OpTricon
Quidel Corporation
Abingdon
Fio Corporation
Magnasense
Cellmic
VICAM
By Type: (Dominant Segment vs High-Margin Innovation)
Handheld Readers
Benchtop Readers
By Application: (Core Demand Driver vs Emerging Opportunity)
Clinical (POC)
Veterinary
Food and Beverage
Pharma/Biologics
Other
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., Alere (Abbott) in Europe)
- Emerging Product Trends: Handheld Readers adoption vs. Benchtop Readers premiumization
- Demand-Side Dynamics: Clinical (POC) growth in China vs. Veterinary potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Australia
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Lateral Flow Readers market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Benchtop Readers in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Veterinary in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Lateral Flow Readers value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Lateral Flow Readers Product Scope
1.2 Lateral Flow Readers by Type
1.2.1 Global Lateral Flow Readers Sales by Type (2020 & 2024 & 2031)
1.2.2 Handheld Readers
1.2.3 Benchtop Readers
1.3 Lateral Flow Readers by Application
1.3.1 Global Lateral Flow Readers Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Clinical (POC)
1.3.3 Veterinary
1.3.4 Food and Beverage
1.3.5 Pharma/Biologics
1.3.6 Other
1.4 Global Lateral Flow Readers Market Estimates and Forecasts (2020-2031)
1.4.1 Global Lateral Flow Readers Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Lateral Flow Readers Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Lateral Flow Readers Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Lateral Flow Readers Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Lateral Flow Readers Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Lateral Flow Readers Sales Market Share by Region (2020-2025)
2.2.2 Global Lateral Flow Readers Revenue Market Share by Region (2020-2025)
2.3 Global Lateral Flow Readers Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Lateral Flow Readers Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Lateral Flow Readers Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Lateral Flow Readers Market Size and Prospective (2020-2031)
2.4.2 Europe Lateral Flow Readers Market Size and Prospective (2020-2031)
2.4.3 China Lateral Flow Readers Market Size and Prospective (2020-2031)
2.4.4 Japan Lateral Flow Readers Market Size and Prospective (2020-2031)
2.4.5 Australia Lateral Flow Readers Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Lateral Flow Readers Historic Market Review by Type (2020-2025)
3.1.1 Global Lateral Flow Readers Sales by Type (2020-2025)
3.1.2 Global Lateral Flow Readers Revenue by Type (2020-2025)
3.1.3 Global Lateral Flow Readers Price by Type (2020-2025)
3.2 Global Lateral Flow Readers Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Lateral Flow Readers Sales Forecast by Type (2026-2031)
3.2.2 Global Lateral Flow Readers Revenue Forecast by Type (2026-2031)
3.2.3 Global Lateral Flow Readers Price Forecast by Type (2026-2031)
3.3 Different Types Lateral Flow Readers Representative Players
4 Global Market Size by Application
4.1 Global Lateral Flow Readers Historic Market Review by Application (2020-2025)
4.1.1 Global Lateral Flow Readers Sales by Application (2020-2025)
4.1.2 Global Lateral Flow Readers Revenue by Application (2020-2025)
4.1.3 Global Lateral Flow Readers Price by Application (2020-2025)
4.2 Global Lateral Flow Readers Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Lateral Flow Readers Sales Forecast by Application (2026-2031)
4.2.2 Global Lateral Flow Readers Revenue Forecast by Application (2026-2031)
4.2.3 Global Lateral Flow Readers Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Lateral Flow Readers Application
5 Competition Landscape by Players
5.1 Global Lateral Flow Readers Sales by Players (2020-2025)
5.2 Global Top Lateral Flow Readers Players by Revenue (2020-2025)
5.3 Global Lateral Flow Readers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lateral Flow Readers as of 2024)
5.4 Global Lateral Flow Readers Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Lateral Flow Readers, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Lateral Flow Readers, Product Type & Application
5.7 Global Key Manufacturers of Lateral Flow Readers, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Lateral Flow Readers Sales by Company
6.1.1.1 North America Lateral Flow Readers Sales by Company (2020-2025)
6.1.1.2 North America Lateral Flow Readers Revenue by Company (2020-2025)
6.1.2 North America Lateral Flow Readers Sales Breakdown by Type (2020-2025)
6.1.3 North America Lateral Flow Readers Sales Breakdown by Application (2020-2025)
6.1.4 North America Lateral Flow Readers Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Lateral Flow Readers Sales by Company
6.2.1.1 Europe Lateral Flow Readers Sales by Company (2020-2025)
6.2.1.2 Europe Lateral Flow Readers Revenue by Company (2020-2025)
6.2.2 Europe Lateral Flow Readers Sales Breakdown by Type (2020-2025)
6.2.3 Europe Lateral Flow Readers Sales Breakdown by Application (2020-2025)
6.2.4 Europe Lateral Flow Readers Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Lateral Flow Readers Sales by Company
6.3.1.1 China Lateral Flow Readers Sales by Company (2020-2025)
6.3.1.2 China Lateral Flow Readers Revenue by Company (2020-2025)
6.3.2 China Lateral Flow Readers Sales Breakdown by Type (2020-2025)
6.3.3 China Lateral Flow Readers Sales Breakdown by Application (2020-2025)
6.3.4 China Lateral Flow Readers Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Lateral Flow Readers Sales by Company
6.4.1.1 Japan Lateral Flow Readers Sales by Company (2020-2025)
6.4.1.2 Japan Lateral Flow Readers Revenue by Company (2020-2025)
6.4.2 Japan Lateral Flow Readers Sales Breakdown by Type (2020-2025)
6.4.3 Japan Lateral Flow Readers Sales Breakdown by Application (2020-2025)
6.4.4 Japan Lateral Flow Readers Major Customer
6.4.5 Japan Market Trend and Opportunities
6.5 Australia Market: Players, Segments, Downstream and Major Customers
6.5.1 Australia Lateral Flow Readers Sales by Company
6.5.1.1 Australia Lateral Flow Readers Sales by Company (2020-2025)
6.5.1.2 Australia Lateral Flow Readers Revenue by Company (2020-2025)
6.5.2 Australia Lateral Flow Readers Sales Breakdown by Type (2020-2025)
6.5.3 Australia Lateral Flow Readers Sales Breakdown by Application (2020-2025)
6.5.4 Australia Lateral Flow Readers Major Customer
6.5.5 Australia Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Alere (Abbott)
7.1.1 Alere (Abbott) Company Information
7.1.2 Alere (Abbott) Business Overview
7.1.3 Alere (Abbott) Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Alere (Abbott) Lateral Flow Readers Products Offered
7.1.5 Alere (Abbott) Recent Development
7.2 QIAGEN
7.2.1 QIAGEN Company Information
7.2.2 QIAGEN Business Overview
7.2.3 QIAGEN Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.2.4 QIAGEN Lateral Flow Readers Products Offered
7.2.5 QIAGEN Recent Development
7.3 LRE Medical (Esterline)
7.3.1 LRE Medical (Esterline) Company Information
7.3.2 LRE Medical (Esterline) Business Overview
7.3.3 LRE Medical (Esterline) Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.3.4 LRE Medical (Esterline) Lateral Flow Readers Products Offered
7.3.5 LRE Medical (Esterline) Recent Development
7.4 BD Company
7.4.1 BD Company Company Information
7.4.2 BD Company Business Overview
7.4.3 BD Company Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.4.4 BD Company Lateral Flow Readers Products Offered
7.4.5 BD Company Recent Development
7.5 Skannex
7.5.1 Skannex Company Information
7.5.2 Skannex Business Overview
7.5.3 Skannex Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Skannex Lateral Flow Readers Products Offered
7.5.5 Skannex Recent Development
7.6 Axxin
7.6.1 Axxin Company Information
7.6.2 Axxin Business Overview
7.6.3 Axxin Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Axxin Lateral Flow Readers Products Offered
7.6.5 Axxin Recent Development
7.7 Detekt
7.7.1 Detekt Company Information
7.7.2 Detekt Business Overview
7.7.3 Detekt Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Detekt Lateral Flow Readers Products Offered
7.7.5 Detekt Recent Development
7.8 Trinity Biotech
7.8.1 Trinity Biotech Company Information
7.8.2 Trinity Biotech Business Overview
7.8.3 Trinity Biotech Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Trinity Biotech Lateral Flow Readers Products Offered
7.8.5 Trinity Biotech Recent Development
7.9 OpTricon
7.9.1 OpTricon Company Information
7.9.2 OpTricon Business Overview
7.9.3 OpTricon Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.9.4 OpTricon Lateral Flow Readers Products Offered
7.9.5 OpTricon Recent Development
7.10 Quidel Corporation
7.10.1 Quidel Corporation Company Information
7.10.2 Quidel Corporation Business Overview
7.10.3 Quidel Corporation Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Quidel Corporation Lateral Flow Readers Products Offered
7.10.5 Quidel Corporation Recent Development
7.11 Abingdon
7.11.1 Abingdon Company Information
7.11.2 Abingdon Business Overview
7.11.3 Abingdon Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Abingdon Lateral Flow Readers Products Offered
7.11.5 Abingdon Recent Development
7.12 Fio Corporation
7.12.1 Fio Corporation Company Information
7.12.2 Fio Corporation Business Overview
7.12.3 Fio Corporation Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Fio Corporation Lateral Flow Readers Products Offered
7.12.5 Fio Corporation Recent Development
7.13 Magnasense
7.13.1 Magnasense Company Information
7.13.2 Magnasense Business Overview
7.13.3 Magnasense Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Magnasense Lateral Flow Readers Products Offered
7.13.5 Magnasense Recent Development
7.14 Cellmic
7.14.1 Cellmic Company Information
7.14.2 Cellmic Business Overview
7.14.3 Cellmic Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.14.4 Cellmic Lateral Flow Readers Products Offered
7.14.5 Cellmic Recent Development
7.15 VICAM
7.15.1 VICAM Company Information
7.15.2 VICAM Business Overview
7.15.3 VICAM Lateral Flow Readers Sales, Revenue and Gross Margin (2020-2025)
7.15.4 VICAM Lateral Flow Readers Products Offered
7.15.5 VICAM Recent Development
8 Lateral Flow Readers Manufacturing Cost Analysis
8.1 Lateral Flow Readers Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Lateral Flow Readers
8.4 Lateral Flow Readers Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Lateral Flow Readers Distributors List
9.3 Lateral Flow Readers Customers
10 Lateral Flow Readers Market Dynamics
10.1 Lateral Flow Readers Industry Trends
10.2 Lateral Flow Readers Market Drivers
10.3 Lateral Flow Readers Market Challenges
10.4 Lateral Flow Readers Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Alere (Abbott)
QIAGEN
LRE Medical (Esterline)
BD Company
Skannex
Axxin
Detekt
Trinity Biotech
OpTricon
Quidel Corporation
Abingdon
Fio Corporation
Magnasense
Cellmic
VICAM
Ìý
Ìý
*If Applicable.