Lateral flow assay (LFA) tests also called as lateral flow immunochromatographic assays, are simple device used to detect the presence or absence of intended analyte in sample. This test does not use costly specialized equipment.
Generally, these tests are used for clinical diagnostics either for point of care (POC) testing, home testing or laboratory use. A widely accepted and well known application of LFA test is pregnancy test.

This report provides a complete quantitative data and qualitative analysis on the global market for Lateral Flow Assay Test. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Lateral Flow Assay Test was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Lateral Flow Assay Test is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Lateral Flow Assay Test, including the following market information:
Global Lateral Flow Assay Test Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million)
Global Lateral Flow Assay Test Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million)
Global Lateral Flow Assay Test Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million)
Global Lateral Flow Assay Test Market Size by Company, 2019- 2020 (quarterly data), (US$ Million)

Key market players
Major competitors identified in this market include F. Hoffmann-La Roche, Abbott, Danaher Corporation, Abbott Laboratories, Bio-Rad Laboratories, Johnson & Johnson, Thermo Fisher Scientific, etc.

Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)

Based on the Type:
Kits and Reagents
Lateral Flow Assay Readers
Digital/Mobile Readers
Benchtop Readers

Based on the Application:
Hospitals
Clinics
Home Care
Diagnostic Laboratories
Pharmaceutical and Biotechnology Companies