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Pulished Date April, 2021
ID: 4828
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Latin America Lateral Flow Assay Market Research Report - Segmented By Product, Application, Technique, End User & Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 4828
Pages: 140

Latin America Lateral Flow Assay Market Size (2021 to 2026)

As per the research report, the Latin America Lateral Flow Assay Market size is forecasted to worth USD 1290.95 Million by 2026 from USD 848.33 Million in 2021, growing at an 8.76% CAGR from 2021 to 2026.

Lateral flow assays (LFAs) are the technology behind low-cost, simple, rapid, and portable detection devices popular in biomedicine, agriculture, food, and environmental sciences. Lately, these types of assays have attracted considerable attention due to their potential to provide an immediate diagnosis to patients. The variety and interpretation of these results and parameters are used for the assessment of the assay.

The lateral flow assay test market is anticipated to witness positive growth due to high incidences of infectious and communicable diseases and an increase in rapid testing in-home care settings. Moreover, an increase in the geriatric population, a rise in lateral flow assay in clinical laboratory practice, an increase in chronic diseases, and technology advancements are expected further to boost the market growth in the coming years.

However, the increase in regulations and inconsistency in test results may pose a restrain to the lateral flow assay market in the coming years.

This research report on the Latin America Lateral Flow Assay Market has been segmented and sub-segmented into the following categories:

By Product: 

  • Reader
  • Kit

By Application: 

  • Clinical
  • Veterinary
  • Drug Development
  • Food Safety

By Technique: 

  • Competitive
  • Multiplex
  • Sandwich

By End User: 

  • Hospitals and Clinics
  • Home Care
  • Diagnostic Laboratories
  • Pharmaceutical and Biotechnology Companies

By Country: 

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Geographically, the market offers high potential due to governmental initiatives, improved healthcare infrastructure,, and an increasedand for quality care at affordable prices.

Prominent companies leading in the Latin America Lateral Flow Assay Market profiled in the report are Alere Inc., F. Hoffmann-La Roche AG, Danaher Corporation, Siemens AG, Becton, Dickinson and Company, bioMérieux SA, Johnson & Johnson, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., and PerkinElmer Inc.

1.Introduction                              

                1.1 Market Definition                

                1.2 Study Deliverables              

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions            

2. Research Methodology   

                2.1 Introduction                           

                2.2 Research Phases                  

                                2.2.1 Secondary Research    

                                2.2.2 Primary Research

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation 

                2.3 Analysis Design                        

                2.4 Study Timeline                         

3. Overview     

                3.1 Executive Summary               

                3.2 Key Inferences                        

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                         

                4.2 Market Restraints                   

                4.3 Key Challenges                        

                4.4 Current Opportunities in the Market                             

5. Market Segmentation      

                5.1 Product                       

                                5.1.1 Introduction          

                                5.1.2 Kits & Reagents    

                                5.1.3 Lateral Flow Readers         

               5.1.3.1 Digital/Mobile Readers                  

               5.1.3.2 Benchtop Readers                           

                                5.1.4  Y-o-Y Growth Analysis, By Product             

                                5.1.5  Market Attractiveness Analysis, By Product           

                                5.1.6  Market Share Analysis, By Product             

                5.2 Technique                  

                                5.2.1 Introduction          

                                5.2.2 Sandwich Assays

                                5.2.3 Competitive Assays            

                                5.2.4 Multiplex Detection Assays                                         

                                5.2.5 Y-o-Y Growth Analysis, By Technique         

                                5.2.6 Market Attractiveness Analysis, By Technique       

                                5.2.7 Market Share Analysis, By Technique         

                5.3 Application                

                                5.3.1 Introduction          

                                5.3.2 Clinical/Point-of-Care Testing        

               5.3.2.1 Infectious Disease Testing                            

                               5.3.2.1.1 Mosquito-Borne Disease Testing           

                               5.3.2.1.2 Influenza Testing          

                               5.3.2.1.3 Sexually Transmitted Infections             

                               5.3.2.1.4 Hepatitis           

                               5.3.2.1.5 Tuberculosis    

                               5.3.2.1.6 Other Infectious Diseases         

               5.3.2.2 Cardiac Marker Testing                  

               5.3.2.3 Pregnancy & Fertility Testing                       

                               5.3.2.3.1 Pregnancy Testing        

                               5.3.2.3.2 Fertility Testing              

               5.3.2.4 Cholesterol/Lipid Testing                              

               5.3.2.5 Drugs-of-Abuse Testing                           

               5.3.2.6 Other Tests                         

                                5.3.3 Veterinary Diagnostics      

                                5.3.4 Food Safety & Environment Testing            

                                5.3.5 Drug Development & Quality Testing         

                                5.3.6 Other Applications              

                                5.3.7 Y-o-Y Growth Analysis, By Application        

                                5.3.8  Market Attractiveness Analysis, By Application     

                                5.3.9  Market Share Analysis, By Application      

                5.4  End User                    

                                5.4.1 Introduction          

                                5.4.2 Hospitals and Clinics           

                                5.4.3 Home Care             

                                5.4.4 Diagnostic Laboratories    

                                5.4.5 Pharmaceutical    

                                5.4.6 Biotechnology Companies                                

                                5.4.7 Y-o-Y Growth Analysis, By End User            

                                5.4.8  Market Attractiveness Analysis, By End User         

                                5.4.9  Market Share Analysis, By End User           

6. Geographical Analysis      

                6.1 Introduction                              

                                6.1.1 Regional Trends   

                                6.1.2 Impact Analysis    

                                6.1.3 Y-o-Y Growth Analysis       

               6.1.3.1 By Geographical Area                     

               6.1.3.2 By Product                           

               6.1.3.3 By Technique                     

               6.1.3.4 By Application                    

               6.1.3.5 By End User                        

                                6.1.4  Market Attractiveness Analysis    

               6.1.4.1 By Geographical Area                     

               6.1.4.2 By Product                           

               6.1.4.3 By Technique                     

               6.1.4.4 By Application                    

               6.1.4.5 By End User                        

                                6.1.5  Market Share Analysis     

               6.1.5.1 By Geographical Area                     

               6.1.5.2 By Product                           

               6.1.5.3 By Technique                     

               6.1.5.4 By Application                    

               6.1.5.5 By End User                        

                6.2 Brazil                            

                6.3 Mexico                        

                6.4 Rest of Latin America                            

7.Strategic Analysis

                7.1 PESTLE analysis                        

                                7.1.1 Political    

                                7.1.2 Economic

                                7.1.3 Social        

                                7.1.4 Technological        

                                7.1.5 Legal         

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                             

                                7.2.1 Bargaining Power of Suppliers       

                                7.2.2 Bargaining Power of Consumers   

                                7.2.3 Threat of New Entrants    

                                7.2.4 Threat of Substitute Products and Services             

                                7.2.5 Competitive Rivalry within the Industry    

8.Market Leaders' Analysis 

                8.1 Alere Inc.                    

                                8.1.1 Overview

                                8.1.2 Product Analysis  

                                8.1.3 Financial analysis 

                                8.1.4 Recent Developments      

                                8.1.5 SWOT analysis      

                                8.1.6 Analyst View         

                8.2 F. Hoffmann-La Roche AG                   

                8.3 Danaher Corporation                            

                8.4 Siemens AG              

                8.5 BectonDickinson and Company                        

                8.6 bioMérieux SA                         

                8.7 Johnson & Johnson                

                8.8 Bio-Rad Laboratories Inc.                     

                8.9 Thermo Fisher Scientific Inc.              

                8.10 QIAGEN N.V.                          

9.Competitive Landscape    

                9.1 Market share analysis                           

                9.2 Merger and Acquisition Analysis                      

                9.3 Agreements, collaborations and Joint Ventures                        

                9.4 New Product Launches                        

10.Market Outlook and Investment Opportunities  

Appendix   

                a) List of Tables               

                b) List of Figures                             

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Product, Application, Technique and End User along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the Latin America Market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  2. Latin America Reader Market, By Region, From 2021 to 2026 (USD Million)
  3. Latin America Kit Market, By Region, From 2021 to 2026 (USD Million)
  4. Latin America Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  5. Latin America Clinical Market, By Region, From 2021 to 2026 (USD Million)
  6. Latin America Veterinary Market, By Region, From 2021 to 2026 (USD Million)
  7. Latin America Drug Development Market, By Region, From 2021 to 2026 (USD Million)
  8. Latin America Food Safety Market, By Region, From 2021 to 2026 (USD Million)
  9. Latin America Technique Market, By Region, From 2021 to 2026 (USD Million)
  10. Latin America Competitive Market, By Region, From 2021 to 2026 (USD Million)
  11. Latin America Multiplex Market, By Region, From 2021 to 2026 (USD Million)
  12. Latin America Sandwich Market, By Region, From 2021 to 2026 (USD Million)
  13. Latin America Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)
  14. Latin America Hospitals and Clinics Market, By Region, From 2021 to 2026 (USD Million)
  15. Latin America Home Care Market, By Region, From 2021 to 2026 (USD Million)
  16. Latin America Diagnostic Laboratories Market, By Region, From 2021 to 2026 (USD Million)
  17. Latin America Pharmaceutical Market, By Region, From 2021 to 2026 (USD Million)
  18. Latin America Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Million)
  19. Brazil Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  20. Brazil Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  21. Brazil Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)
  22. Argentina Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  23. Argentina Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  24. Argentina Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)
  25. Mexico Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  26. Mexico Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  27. Mexico Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)
  28. Rest of Latin America Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  29. Rest of Latin America Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  30. Rest of Latin America Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)

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