Global Lateral Flow Assays Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Kits & Reagents & Lateral Flow Readers - Digital/Mobile Readers, and Benchtop Readers

By Technique;

Sandwich Assays , Competitive Assays, and Multiplex Detection Assays

By Application;

Clinical Testing, Cardiac Marker Testing, Pregnancy & Fertility Testing, Cholesterol Testing/Lipid Profile Testing, Drugs Of Abuse Testing, and Others

By End User;

Hospitals & Clinics, Diagnostic Laboratories , Home Care , Pharmaceutical & Biotechnology Companies, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn318444251 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Lateral Flow Assays Market (USD Million), 2021 - 2031

Lateral Flow Assays Market was valued at USD 8,466.16 million in the year 2024. The size of this market is expected to increase to USD 12,048.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.


Global Lateral Flow Assays Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 8,466.16 Million
Market Size (2031)USD 12,048.41 Million
Market ConcentrationMedium
Report Pages353
8,466.16
2024
12,048.41
2031

Major Players

  • ABBOTT Laboratories
  • F Hoffmann-La Roche AG
  • Danaher Corporation
  • Siemens AG
  • Becton Dickinson and Company
  • bioMérieux SA
  • Bio-Rad Laboratories Inc
  • Thermo Fisher Scientific Inc
  • QIAGEN NV
  • PerkinElmer Inc
  • Hologic Inc.
  • Quidel Corporation
  • Merck KGaA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Lateral Flow Assays Market

Fragmented - Highly competitive market without dominant players


The Lateral Flow Assays Market is gaining momentum as demand rises for rapid and reliable diagnostic solutions. These assays offer quick results and ease of use, making them ideal for point-of-care settings. As diagnostic needs grow, around 55% of procedures now involve lateral flow technology, especially for timely detection of infectious diseases.

Innovation Enhancing Diagnostic Accuracy
Technological enhancements in assay sensitivity and digital integration are reshaping lateral flow performance. Nearly 40% of rapid test developments incorporate advanced lateral flow formats capable of multiplex detection. These innovations are improving accuracy and enabling wider clinical and research use.

Institutional Support and Policy Backing
Government programs and institutional health systems are supporting lateral flow assay implementation at scale. More than 45% of public screening efforts now depend on these tools for efficient population-level diagnostics, driving trust and adoption. Regulatory approvals are also streamlining market entry for newer devices.

Widening Scope in Research and Industry
The application of lateral flow assays extends to non-medical sectors, including food quality and environmental monitoring. Currently, about 30% of assay deployment serves non-healthcare fields, emphasizing the broad adaptability of the technology. This cross-sector utility is fueling sustained market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technique
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Lateral Flow Assays Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Point-of-Care Testing
        2. Rise in Prevalence of Infectious Diseases
        3. Government Initiatives and Funding
        4. Technological Advancements in LFA Technology
      2. Restraints
        1. Accuracy Concerns and Low Sensitivity in Certain Applications
        2. Regulatory and Compliance Challenges
        3. Increasing Competition from Alternative Diagnostic Technologies
      3. Opportunities
        1. Expansion of At-Home and Over-the-Counter Testing
        2. Growing Applications in Chronic Disease and Cancer Biomarkers
        3. Emerging Markets with Limited Healthcare Infrastructure
        4. Integration with Digital Health and Data Analytics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Lateral Flow Assays Market, By Product, 2021 - 2031 (USD Million)
      1. Kits & Reagents
      2. Lateral Flow Readers
      3. Digital/Mobile Readers
      4. Benchtop Readers
    2. Global Lateral Flow Assays Market, By Technique, 2021 - 2031 (USD Million)
      1. Sandwich Assays
      2. Competitive Assays
      3. Multiplex Detection Assays
    3. Global Lateral Flow Assays Market, By Application, 2021 - 2031 (USD Million)
      1. Clinical Testing
      2. Cardiac Marker Testing
      3. Pregnancy and Fertility Testing
      4. Cholesterol Testing/Lipid Profile Testing
      5. Drugs Of Abuse Testing
      6. Others
    4. Global Lateral Flow Assays Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Diagnostic Laboratories
      3. Home Care
      4. Pharmaceutical & Biotechnology Companies
      5. Others
    5. Global Healthcare Clinical Analytics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia & New Zealand

        5. South Korea

        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin Americe

  6. Competitive Landscape
    1. Company Profiles
      1. ABBOTT Laboratories
      2. F Hoffmann-La Roche AG
      3. Danaher Corporation
      4. Siemens AG
      5. Becton Dickinson and Company
      6. bioMérieux SA
      7. Bio-Rad Laboratories Inc
      8. Thermo Fisher Scientific Inc
      9. QIAGEN NV
      10. PerkinElmer Inc
      11. Hologic Inc.
      12. Quidel Corporation
      13. Merck KGaA
  7. Analyst Views
  8. Future Outlook of the Market