The lateral flow assay (LFA) market is projected to grow from USD 4.3 billion in 2023 to approximately USD 6.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.7% during the forecast period. Rising Demand for Quick and Affordable Diagnostics The global Lateral Flow Assay Market is witnessing steady growth due to the increasing need for efficient and accessible diagnostic tools. Lateral flow …
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Lateral Flow Assay Market Poised for Significant Growth Projected to Reach USD 6.9 Billion by 2033 at a 4.7% of CAGR
The global lateral flow assay (LFA) market is experiencing robust growth, with its size projected to rise from USD 4.3 billion in 2023 to USD 6.9 billion by 2033. This impressive expansion reflects a compound annual growth rate (CAGR) of 4.7% during the forecast period. LFAs continue to gain traction as an essential tool in …
Global Lateral Flow Assay Market Outlook to 2034 Leading Companies Like Abbott, Becton, Dickinson and Company, Biomérieux SA, Bio-Rad Laboratories | Future Market Insights
The global market for lateral flow assays is poised for significant expansion, according to a recent report by FMI. The study projects that the market, valued at US$ 4.3 billion in 2023, will witness a substantial increase, reaching US$ 6.9 billion by 2033. This growth is anticipated to be fueled by a compound annual growth …