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Pulished Date April, 2021
ID: 4829
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Middle East and Africa Lateral Flow Assay Market Research Report - Segmented By Product, Application, Technique, End User & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis on Size, Share, Trends & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 4829
Pages: 140

MEA Lateral Flow Assay Market Size (2021 to 2026)

The Lateral flow assay market in the  Middle East and Africa was valued at USD 554.37 Million in 2021. It is expected to reach USD 763.43 Million by 2026, growing at 6.609% CAGR from 2021 to 2026.

Lateral flow assays are widely used in hospitals and clinical laboratories for the qualitative and quantitative detection of specific antigens and antibodies, which helps diagnose infectious disease, cardiac markers, pregnancy, fertility testing, lipid profile testing, drug abuse, etc. Lateral flow assay kits are convenient, smaller, portable, and controlled with minimal training; hence these tests are becoming more popular over other testing kits. They act as a one-step test that does not require any washing, refrigeration, or pretreatment steps. They are also faster testing procedures that provide qualitative or semi-quantitative results, need relatively short development time, and allow batch preparation in advance.

The growth of the MEA lateral flow testing market is mainly driven by factors such as the increase in the use of home lateral flow assay testing kits, favorable government initiatives, increasing demand for food and drinks testing, growing healthcare awareness, increased adoption of assays due to innovations and rapid technological development for rapid laboratory testing. In addition, communicable infectious diseases such as HIV require new diagnostic methods of effective treatment to stop the increasing death rate. For example, according to the Joint United Nations Program on HIV and AIDS-2019, nearly 25 million people have HIV undergoing antiretroviral therapy across the globe.

Various players in the emerging market have seen a great demand for advanced healthcare needs, and advanced technology products will create many opportunities for the market in the MEA region. This, along with the lack of extensive laboratory facilities or skilled healthcare workers to efficiently perform other laboratory tests, drives the market growth. In addition, key players are introducing new signal enhancement techniques and improving simultaneous detection and quantization systems, thereby creating favorable market prospects.

On the other hand, some regions in MEA still prefer the existing diagnostic tests over lateral flow assay, and lack of healthcare development, especially in developing economies, are some of the factors that will challenge this market's growth.

This research report on the Middle East and Africa 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: 

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

In 2020, the Middle East region accounted for the majority of the MEA lateral flow assays market, and this trend is expected to continue until the end of the projected period.  During 2020-2021, the regional MEA markets showed great revenue collection due to increased infectious disease by the COVID-19 virus. This had raised the number of hospitals and clinics adopting the tests to detect the virus. As of 2021, Iran had the highest number of confirmed coronavirus cases in the MEA region, with more than three million cases. According to the World Health Organization, World Tuberculosis Report 2020, around 1.5 million deaths were reported due to tuberculosis-related complications in 2019, and nearly 11 million people contracted tuberculosis in 2019. As a result, the growing burden of tuberculosis is expected to drive the need for affordable diagnostics, especially in developing countries, helping the studied market grow.

Saudi Arabia and the United Arab Emirates are relatively mature markets for lateral flow assay. At the same time, regions in Africa will show lower growth rates owing to underdeveloped economies in the region. Factors such as increased awareness, a large geriatric population, and a growing healthcare infrastructure market are driving the growth of this market in these regions.

KEY MARKET PLAYERS:

Companies playing a prominent role in the MEA 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 Middle-East         

                6.3 Africa     

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 Middle East and Africa 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. Middle East & Africa Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  2. Middle East & Africa Reader Market, By Region, From 2021 to 2026 (USD Million)
  3. Middle East & Africa Kit Market, By Region, From 2021 to 2026 (USD Million)
  4. Middle East & Africa Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  5. Middle East & Africa Clinical Market, By Region, From 2021 to 2026 (USD Million)
  6. Middle East & Africa Veterinary Market, By Region, From 2021 to 2026 (USD Million)
  7. Middle East & Africa Drug Development Market, By Region, From 2021 to 2026 (USD Million)
  8. Middle East & Africa Food Safety Market, By Region, From 2021 to 2026 (USD Million)
  9. Middle East & Africa Technique Market, By Region, From 2021 to 2026 (USD Million)
  10. Middle East & Africa Competitive Market, By Region, From 2021 to 2026 (USD Million)
  11. Middle East & Africa Multiplex Market, By Region, From 2021 to 2026 (USD Million)
  12. Middle East & Africa Sandwich Market, By Region, From 2021 to 2026 (USD Million)
  13. Middle East & Africa Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)
  14. Middle East & Africa Hospitals and Clinics Market, By Region, From 2021 to 2026 (USD Million)
  15. Middle East & Africa Home Care Market, By Region, From 2021 to 2026 (USD Million)
  16. Middle East & Africa Diagnostic Laboratories Market, By Region, From 2021 to 2026 (USD Million)
  17. Middle East & Africa Pharmaceutical Market, By Region, From 2021 to 2026 (USD Million)
  18. Middle East & Africa Biotechnology Companies Market, By Region, From 2021 to 2026 (USD Million)
  19. Middle East Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  20. Middle East Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  21. Middle East Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)
  22. Africa Lateral Flow Assay Market, By Product, From 2021 to 2026 (USD Million)
  23. Africa Lateral Flow Assay Market, By Application, From 2021 to 2026 (USD Million)
  24. Africa Lateral Flow Assay Market, By End User, From 2021 to 2026 (USD Million)

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