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Global Lateral Flow Readers Sales Market Report 2020
SKU ID : QYR-16691844 | Publishing Date : 27-Oct-2020 | No. of pages : 140
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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 manufactures 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
In the international market, the marketing channels characteristic differ from company to company.
The international leading companies prefer taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position
.
The market is not only influenced by the price, but also influenced by the product performance. Although small companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, the need of Lateral Flow Readers will increase.
Market Analysis and Insights: Global Lateral Flow Readers Market
The global Lateral Flow Readers market size is projected to reach US$ 678 million by 2026, from US$ 581.2 million in 2020, at a CAGR of 2.6% during 2021-2026.
Global Lateral Flow Readers Scope and Market Size
The global Lateral Flow Readers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lateral Flow Readers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Lateral Flow Readers market is segmented into
Handheld Readers
Benchtop Readers
Segment by Application, the Lateral Flow Readers market is segmented into
Clinical (POC)
Veterinary
Food and Beverage
Pharma/Biologics
Other
The Lateral Flow Readers market is analysed and market size information is provided by regions (countries). Segment by Application, the Lateral Flow Readers market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Lateral Flow Readers market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Lateral Flow Readers business, the date to enter into the Lateral Flow Readers market, Lateral Flow Readers product introduction, recent developments, etc.
The major vendors covered:
Alere (Abbott)
QIAGEN
LRE Medical (Esterline)
BD Company
Skannex
Axxin
Detekt
Trinity Biotech
OpTricon
Quidel Corporation
Abingdon
Fio Corporation
Magnasense
Cellmic
VICAM
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 manufactures 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
In the international market, the marketing channels characteristic differ from company to company.
The international leading companies prefer taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position
.
The market is not only influenced by the price, but also influenced by the product performance. Although small companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, the need of Lateral Flow Readers will increase.
Market Analysis and Insights: Global Lateral Flow Readers Market
The global Lateral Flow Readers market size is projected to reach US$ 678 million by 2026, from US$ 581.2 million in 2020, at a CAGR of 2.6% during 2021-2026.
Global Lateral Flow Readers Scope and Market Size
The global Lateral Flow Readers market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Lateral Flow Readers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Lateral Flow Readers market is segmented into
Handheld Readers
Benchtop Readers
Segment by Application, the Lateral Flow Readers market is segmented into
Clinical (POC)
Veterinary
Food and Beverage
Pharma/Biologics
Other
The Lateral Flow Readers market is analysed and market size information is provided by regions (countries). Segment by Application, the Lateral Flow Readers market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Lateral Flow Readers Market Share AnalysisLateral Flow Readers market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Lateral Flow Readers business, the date to enter into the Lateral Flow Readers market, Lateral Flow Readers product introduction, recent developments, etc.
The major vendors covered:
Alere (Abbott)
QIAGEN
LRE Medical (Esterline)
BD Company
Skannex
Axxin
Detekt
Trinity Biotech
OpTricon
Quidel Corporation
Abingdon
Fio Corporation
Magnasense
Cellmic
VICAM
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
