Lateral Flow Readers Market Report - is latest research study released by Absolute Markets Insights which evaluates the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The influencing Factors of growth and regulations with respect to the usage of the information and increase in operational efficiency of Lateral Flow Readers Players. This study provides information on market trends and development, drivers, capacities, technologies, and on the Lateral Flow Readers Market. This research report also highlights on the global market trend. The report aims to provide an overview of Lateral Flow Readers Market with detailed market segmentation by component, deployment model, end-user and geography. The Lateral Flow Readers Market is predictable to witness high growth during the forecast period 2021-2030. As per study key emerging players of this market are Abbott, ABINGDON HEALTH, Axxin , BBI Solutions, BioAssay Works LLC, Creative Diagnostics , Detekt Biomedical LLC., DIALUNOX , Gm Design Development , Hamamatsu Photonics K.K , IUL, SA , NOWDiagnostics, QIAGEN, VICAM, A Waters Business, amongst others.
Key Highlights:
AMI reported that portable/handheld lateral flow readers accounted for the highest revenue share in 2020. Portable readers are becoming increasingly popular due to their higher accessibility, and reduced maintenance needs. These readers can be used for multiple applications such as environment screening, disease diagnosis, heart monitoring, etc. The advancement in manufacturing technology is enabling companies to develop compact lateral flow readers for affordable prices. The reduction in price is enabling more end-users to avail these readers, thereby leading to the growth of global lateral flow readers market. DIALUNOX, for instance, has developed a product called ESEQuant Go which is compact in size, and uses the medium of cloud computing for calculations. A smartphone application acts as the link between the cloud and the reader. The readings are sent to the cloud via smartphone application, thereby reducing the complexity of lateral flow reader. It is easy to use, and can be setup in matter of minutes. NOWDiagnostics, on the other hand, offers a portable product named DxCELL, which is capable of handling both chromatographic and fluorescent tests. These factors are leading to the growth of the portable/hand held lateral flow readers.
Lateral Flow Readers Market was Valued at US$ 5051.61 Mn in 2020, Owing to Growing Demand for Fluorescence Immunochromato Readers to Enhance Accuracy in Diagnosing Infectious Diseases
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Segmentation of Lateral Flow Readers Market:
By Component
By Type
By Measurement Method
By Application
Food & Beverage Testing
Veterinary
Forensic
Others
By End Users
By Sales Channel
By Region
Benelux Union
Rest of Europe
Rest of Asia Pacific
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