Lateral Flow Assays Market worth $12.6 billion – Major Growth Drivers, Restraints, Challenges & Opportunities
According to the new market research report “Lateral Flow Assays Market by Application (Clinical Testing (Pregnancy, Infectious Diseases (Mosquito, Influenza, STI, Hepatitis, TB) Cardiac Marker Lipid Test) Veterinary, Food Safety), Product, Technique, End User – Global Forecast to 2025″, published by MarketsandMarkets™.
DRIVERS: High prevalence of infectious disease across the globe;Despite...
Growth in the prevalence of infectious diseases is driving the growth of the Lateral Flow Assays Market
Market Overview:
The global lateral flow assays market is projected to reach USD 10.2billion by 2025 from 8.2 billion in 2020, at a CAGR of 4.5% during the forecast period. The high prevalence of infectious diseases worldwide, rapid growth in the geriatric population, growing demand for point-of-care testing, and rising use of home-based lateral flow assay devices are the major factors...