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  An up-to-date research study by Polaris Market Research & Consulting company on   “ Lateral Flow Assay Market Size, Share, Trends, Industry Analysis Report: By Product (Kits & Reagents and Lateral Flow Readers), Application, Test Type, Technique, End-Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034 ”   is an analytical assessment of the current market size and upcoming growth of this industry. The entire report can be broadly divided into four main areas: market definition, segmentation, competitive analysis, and research methodology. The report describes various parameters in which market conditions are analysed in detail. It also unveils that the market will gain substantial traction over the forecast period (2025-2034) while registering a decent growth rate. The report estimates established top players functioning in the global   Lateral Flow Assay market   and covers the...

Market Overview Global  Lateral Flow Assay Market size  and share is currently valued at USD 11.45 billion in 2024 and is anticipated to generate an estimated revenue of USD 17.23 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.2% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Lateral flow assays represent a well-established segment of  point-of-care testing , enabling the detection of a wide array of analytes such as pathogens, biomarkers, drugs, and hormones without the need for sophisticated laboratory infrastructure. Their portability and minimal requirement for skilled personnel make them ideal for use in rural and resource-limited settings, which has significantly broadened their market scope. In recent years, the market has seen a surge in demand due to the global COVID-19 pandemic, which heightened awareness about the importance of rapid diagnost...