Lateral Flow Assay Market – Industry Trends and Forecast

Data Bridge Market Research analyses that the lateral flow assay market is expected to reach the value of USD 12.75 billion by the year 2029, at a CAGR of 8.29% during the forecast period. The high consumption rate for home-based lateral flow testing products and solutions, combined with the need for better point-of-care testing products, will drive growth in the lateral flow assay market from 2022 to 2029.