PUBLISHER: Grand View Research | PRODUCT CODE: 1888598
PUBLISHER: Grand View Research | PRODUCT CODE: 1888598
The global lateral flow assays market size was estimated at USD 9.85 billion in 2024 and is projected to reach USD 17.44 billion by 2033, growing at a CAGR of 6.98% from 2025 to 2033. Factors including the growing incidence of infectious diseases, ongoing technological advances in assay design and manufacturing, and the increased implementation of rapid diagnostic tests in home care and point-of-care testing facilitate this trend.
Infectious diseases remain one of the main global health challenges; for example, the World Health Organization (WHO) reported 263 million estimated malaria cases around the world in 2023, highlighting the need for rapid, inexpensive, and accurate diagnostic products such as lateral flow tests. Technological advancements now allow for improved performance and use of lateral flow assays (LFAs), including advances in sensitivity, specificity, multiplexing, and digital applications via smartphone apps and cloud-connected devices. The latter advances have meant that lateral flow devices may be used in areas outside infectious disease detection, including pregnancy testing, heart disease monitoring, veterinary diagnostics, environmental testing, and food safety.
As part of the advances above, Abingdon Health plc (UK) has established itself as a key player in the lateral flow industry. In May 2024, Abingdon Health plc launched Boots' own-brand saliva-based pregnancy self-test in the United Kingdom and online via Salignostics and Crest Medical. This product represents a technological shift from traditional urine-based pregnancy tests to non-invasive saliva testing, thus providing greater convenience and accessibility for the user. In addition to launching the product, the significant advancement in product innovation provided an opportunity to further strengthen Abingdon Health's strategic partnership with Boots as the first company to adapt a saliva pregnancy self-test into Boots' own-brand range. These advances demonstrate how biotechnology innovation, consumer health, and strategic partnerships continue to influence the direction of the global LFAs market.
Global Lateral Flow Assays Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global lateral flow assays market report based on product, application, technique, end use, and region: