Publisher: MarketsandMarkets
# of Pages: 209
Rating:
1 User License $4,950
Publication Date: June, 2021
Price: $4,950 / User License
Buy Now
RPT49838
LIC503
1 User $4,950
1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS AND EXCLUSIONS 29
1.3 MARKET SCOPE 30
1.3.1 MARKETS COVERED 30
1.3.2 YEARS CONSIDERED FOR THE STUDY 30
1.4 CURRENCY 31
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 31
1.5 LIMITATIONS 31
1.6 STAKEHOLDERS 31
1.7 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
FIGURE 2 PRIMARY SOURCES 35
2.1.2.1 Key data from primary sources 36
2.1.2.2 Insights from primary experts 36
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY- AND DEMAND-SIDE PARTICIPANTS 37
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION 37
2.2 MARKET SIZE ESTIMATION: POPULATION HEALTH MANAGEMENT MARKET 38
2.2.1 APPROACH 1: BOTTOM-UP APPROACH; DEMAND-SIDE ANALYSIS 38
FIGURE 5 BOTTOM-UP APPROACH: DEMAND-SIDE ANALYSIS 38
FIGURE 6 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 39
2.2.2 TOP-DOWN APPROACH 40
FIGURE 7 TOP-DOWN APPROACH 40
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 41
FIGURE 8 DATA TRIANGULATION METHODOLOGY 41
2.4 MARKET SHARE ANALYSIS 42
2.5 ASSUMPTIONS FOR THE STUDY 42
2.6 RISK ASSESSMENT 42
TABLE 2 RISK ASSESSMENT: POPULATION HEALTH MANAGEMENT MARKET 42
2.7 COVID-19 HEALTH ASSESSMENT 43
2.8 COVID-19 ECONOMIC ASSESSMENT 43
2.9 ASSESSMENT OF IMPACT OF COVID-19 ON ECONOMIC SCENARIO 43
FIGURE 9 CRITERIA IMPACTING THE GLOBAL ECONOMY 44
FIGURE 10 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 45
3 EXECUTIVE SUMMARY 46
FIGURE 11 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2021 VS. 2026 (USD MILLION) 46
FIGURE 12 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY,
2021 VS. 2026 (USD MILLION) 47
FIGURE 13 POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 47
FIGURE 14 POPULATION HEALTH MANAGEMENT MARKET: GEOGRAPHICAL SNAPSHOT 48
4 PREMIUM INSIGHTS 50
4.1 POPULATION HEALTH MANAGEMENT MARKET OVERVIEW 50
FIGURE 15 NEED TO CURTAIL ESCALATING HEALTHCARE COSTS - MAJOR DRIVER FOR MARKET GROWTH 50
4.2 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY END USER AND COUNTRY (2020) 51
FIGURE 16 JAPAN ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC MARKET IN 2020 51
4.3 POPULATION HEALTH MANAGEMENT MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 52
FIGURE 17 CHINA TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 52
4.4 REGIONAL MIX: POPULATION HEALTH MANAGEMENT MARKET (2021−2026) 53
FIGURE 18 NORTH AMERICA TO DOMINATE POPULATION HEALTH MANAGEMENT MARKET DURING FORECAST PERIOD 53
4.5 POPULATION HEALTH MANAGEMENT MARKET: DEVELOPED VS. DEVELOPING MARKETS 53
FIGURE 19 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES DURING FORECAST PERIOD 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
TABLE 3 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: IMPACT ANALYSIS 54
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 55
5.2.1.1 Government mandates & support for healthcare IT solutions 55
5.2.1.2 Need to curtail escalating healthcare costs 56
5.2.1.3 Rising geriatric population and subsequent growth in burden of chronic diseases 57
5.2.2 RESTRAINTS 57
5.2.2.1 High investments in infrastructure to set up robust PHM program 57
5.2.2.2 Data breach concerns 58
5.2.3 OPPORTUNITIES 59
5.2.3.1 Emerging markets 59
5.2.3.2 Rising focus on personalized medicine 60
5.2.3.3 Increasing focus on value-based medicine 60
5.2.4 CHALLENGES 61
5.2.4.1 Lack of data management capabilities and skilled analysts 61
5.2.4.2 Interoperability issues 61
6 INDUSTRY INSIGHTS 62
6.1 INDUSTRY TRENDS 62
6.1.1 NEED FOR INTEROPERABILITY & INTEGRATION DRIVING INNOVATION IN POPULATION HEALTH MANAGEMENT MARKET 62
6.1.2 SHIFT OF RISK BURDEN FROM PAYERS TO PROVIDERS 62
6.1.3 GROWING DEMAND FOR PATIENT-CENTRIC HEALTHCARE 63
FIGURE 20 VALUE-BASED CARE WORKFLOW 64
6.1.4 CLOUD-BASED IT SOLUTIONS 64
6.1.5 CONSOLIDATION OF HEALTHCARE PROVIDERS 65
6.2 COVID-19 IMPACT ANALYSIS 65
6.2.1 IMPACT OF COVID-19 ON POPULATION HEALTH MANAGEMENT MARKET 65
6.3 ECOSYSTEM 66
FIGURE 21 POPULATION HEALTH MANAGEMENT MARKET: ECOSYSTEM 66
6.4 EVOLUTION OF ACCOUNTABLE CARE ORGANIZATIONS (ACOS): A PROMISING PAYMENT REFORM 67
6.4.1 INTRODUCTION 67
FIGURE 22 ACO: REIMBURSEMENT MODEL 67
6.4.2 US: EVOLUTION OF ACOS 67
FIGURE 23 EVOLUTION OF ACO MODELS 68
FIGURE 24 US: TOTAL PUBLIC & PRIVATE ACCOUNTABLE CARE ORGANIZATIONS
(2011–2015) 69
6.4.3 ROLE OF INFORMATION TECHNOLOGY IN ACCOUNTABLE CARE 69
FIGURE 25 ACCOUNTABLE CARE SOLUTIONS AND THEIR USE 69
6.5 HCIT EXPENDITURE ANALYSIS 70
6.5.1 NORTH AMERICA 70
TABLE 4 NORTH AMERICA: HEALTHCARE EXPENDITURE, BY COUNTRY 70
6.5.2 EUROPE 71
6.5.3 ASIA PACIFIC 71
TABLE 5 JAPAN : HEALTHCARE IT INITIATIVES AND FUNDING 71
TABLE 6 CHINA : HEALTHCARE IT INITIATIVES AND FUNDING 72
6.6 REGULATORY ANALYSIS 72
6.6.1 NORTH AMERICA 72
6.6.2 EUROPE 73
6.6.3 ASIA PACIFIC 74
6.7 PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 26 DEGREE OF COMPETITION IS HIGH IN POPULATION HEALTH MANAGEMENT MARKET 74
TABLE 7 POPULATION HEALTH MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 75
7 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT 76
7.1 INTRODUCTION 77
TABLE 8 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2017–2019 (USD MILLION) 77
TABLE 9 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2020–2026 (USD MILLION) 77
7.2 SOFTWARE 77
7.2.1 SOFTWARE - LARGEST COMPONENT OF POPULATION HEALTH MANAGEMENT MARKET 77
TABLE 10 POPULATION HEALTH MANAGEMENT SOFTWARE OFFERED BY KEY MARKET PLAYERS 78
TABLE 11 POPULATION HEALTH MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 80
TABLE 12 POPULATION HEALTH MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 81
7.3 SERVICES 81
7.3.1 INDISPENSABLE & RECURRING NATURE OF SERVICES TO DRIVE PHM MARKET GROWTH 81
TABLE 13 POPULATION HEALTH MANAGEMENT SERVICES OFFERED BY KEY MARKET PLAYERS 82
TABLE 14 POPULATION HEALTH MANAGEMENT SERVICES MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 83
TABLE 15 POPULATION HEALTH MANAGEMENT SERVICES MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 84
8 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY 85
8.1 INTRODUCTION 86
TABLE 16 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 86
TABLE 17 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 86
8.2 ON-PREMISE MODE OF DELIVERY 87
8.2.1 TRADITIONAL ON-PREMISE DEPLOYMENT ALLOWS TIME TO TEST SOFTWARE UPGRADES BEFORE IMPLEMENTATION 87
TABLE 18 ON-PREMISE MODE OF DELIVERY: PROS & CONS 87
TABLE 19 POPULATION HEALTH MANAGEMENT MARKET FOR ON-PREMISE SOLUTIONS, BY COUNTRY, 2017–2019 (USD MILLION) 88
TABLE 20 POPULATION HEALTH MANAGEMENT MARKET FOR ON-PREMISE SOLUTIONS, BY COUNTRY, 2020–2026 (USD MILLION) 88
8.3 CLOUD-BASED MODE OF DELIVERY 89
8.3.1 CLOUD-BASED DELIVERY TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 89
TABLE 21 CLOUD-BASED MODE OF DELIVERY: PROS & CONS 90
TABLE 22 POPULATION HEALTH MANAGEMENT MARKET FOR CLOUD-BASED SOLUTIONS, BY COUNTRY, 2017–2019 (USD MILLION) 90
TABLE 23 POPULATION HEALTH MANAGEMENT MARKET FOR CLOUD-BASED SOLUTIONS, BY COUNTRY, 2020–2026 (USD MILLION) 91
9 POPULATION HEALTH MANAGEMENT MARKET, BY END USER 92
9.1 INTRODUCTION 93
TABLE 24 POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 93
TABLE 25 POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 93
9.2 HEALTHCARE PROVIDERS 93
9.2.1 NEED TO IMPROVE PROFITABILITY OF HEALTHCARE OPERATIONS BOOSTS USE OF PHM SOLUTIONS 93
TABLE 26 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PROVIDERS, BY COUNTRY, 2017–2019 (USD MILLION) 94
TABLE 27 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PROVIDERS, BY COUNTRY, 2020–2026 (USD MILLION) 95
9.3 HEALTHCARE PAYERS 95
9.3.1 INCREASED FOCUS ON OUTCOME-BASED PAYMENT MODELS DRIVES DEMAND FOR PHM SOLUTIONS AMONG HEALTHCARE PAYERS 95
TABLE 28 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PAYERS,
BY COUNTRY, 2017–2019 (USD MILLION) 96
TABLE 29 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PAYERS,
BY COUNTRY, 2020–2026 (USD MILLION) 97
9.4 OTHER END USERS 97
TABLE 30 POPULATION HEALTH MANAGEMENT MARKET FOR OTHER END USERS,
BY COUNTRY, 2017–2019 (USD MILLION) 98
TABLE 31 POPULATION HEALTH MANAGEMENT MARKET FOR OTHER END USERS,
BY COUNTRY, 2020–2026 (USD MILLION) 99
10 POPULATION HEALTH MANAGEMENT MARKET, BY REGION 100
10.1 INTRODUCTION 101
TABLE 32 POPULATION HEALTH MANAGEMENT MARKET, BY REGION,
2017–2019 (USD MILLION) 101
TABLE 33 POPULATION HEALTH MANAGEMENT MARKET, BY REGION,
2020–2026 (USD MILLION) 101
10.2 NORTH AMERICA 102
FIGURE 27 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET SNAPSHOT 102
TABLE 34 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COUNTRY, 2017–2019 (USD MILLION) 103
TABLE 35 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COUNTRY, 2020–2026 (USD MILLION) 103
TABLE 36 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 103
TABLE 37 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 104
TABLE 38 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 104
TABLE 39 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 104
TABLE 40 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 105
TABLE 41 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 105
10.2.1 US 105
10.2.1.1 US is largest market for population health management solutions 105
TABLE 42 US: MACROECONOMIC INDICATORS 106
TABLE 43 US: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2017–2019 (USD MILLION) 106
TABLE 44 US: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2020–2026 (USD MILLION) 107
TABLE 45 US: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 107
TABLE 46 US: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 107
TABLE 47 US: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 108
TABLE 48 US: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 108
10.2.2 CANADA 108
10.2.2.1 Deployment of digital health initiatives boosts market growth in Canada 108
TABLE 49 CANADA: MACROECONOMIC INDICATORS 109
TABLE 50 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 109
TABLE 51 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 109
TABLE 52 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 110
TABLE 53 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 110
TABLE 54 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 110
TABLE 55 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 111
10.3 EUROPE 111
TABLE 56 EUROPE: E-HEALTH PRIORITIES FOR HEALTHCARE PROVIDERS, BY COUNTRY, 2019 112
TABLE 57 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 112
TABLE 58 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 113
TABLE 59 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 113
TABLE 60 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 113
TABLE 61 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 114
TABLE 62 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 114
TABLE 63 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 114
TABLE 64 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 115
10.3.1 GERMANY 115
10.3.1.1 Germany dominates European population health management market 115
TABLE 65 GERMANY: MACROECONOMIC INDICATORS 116
TABLE 66 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 116
TABLE 67 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 117
TABLE 68 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 117
TABLE 69 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 117
TABLE 70 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 118
TABLE 71 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 118
10.3.2 UK 118
10.3.2.1 Increasing public-private initiatives support adoption of PHM solutions in UK 118
TABLE 72 UK: MACROECONOMIC INDICATORS 119
TABLE 73 UK: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2017–2019 (USD MILLION) 120
TABLE 74 UK: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2020–2026 (USD MILLION) 120
TABLE 75 UK: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 120
TABLE 76 UK: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 121
TABLE 77 UK: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 121
TABLE 78 UK: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 121
10.3.3 FRANCE 122
10.3.3.1 Increasing patient volume for chronic and age-related conditions to drive market in France 122
TABLE 79 FRANCE: MACROECONOMIC INDICATORS 123
TABLE 80 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 123
TABLE 81 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 123
TABLE 82 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 124
TABLE 83 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 124
TABLE 84 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 124
TABLE 85 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 125
10.3.4 ITALY 125
10.3.4.1 Government initiatives to support market growth in Italy 125
TABLE 86 ITALY: MACROECONOMIC INDICATORS 126
TABLE 87 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 126
TABLE 88 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 126
TABLE 89 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 127
TABLE 90 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 127
TABLE 91 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 127
TABLE 92 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 128
10.3.5 SPAIN 128
10.3.5.1 Increasing adoption of PHM solutions in Spain driven by demand for e-prescriptions and better patient record management 128
TABLE 93 SPAIN: MACROECONOMIC INDICATORS 129
TABLE 94 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 129
TABLE 95 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 130
TABLE 96 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 130
TABLE 97 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 130
TABLE 98 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 131
TABLE 99 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 131
10.3.6 REST OF EUROPE 131
TABLE 100 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 132
TABLE 101 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 132
TABLE 102 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 132
TABLE 103 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 133
TABLE 104 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 133
TABLE 105 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 133
10.4 ASIA PACIFIC 134
FIGURE 28 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET SNAPSHOT 135
TABLE 106 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 136
TABLE 107 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 136
TABLE 108 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 136
TABLE 109 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 137
TABLE 110 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 137
TABLE 111 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 137
TABLE 112 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 138
TABLE 113 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 138
10.4.1 JAPAN 138
10.4.1.1 Japan accounted for largest share of PHM market in Asia Pacific in 2020 138
TABLE 114 JAPAN: MACROECONOMIC INDICATORS 139
TABLE 115 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 140
TABLE 116 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 140
TABLE 117 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 140
TABLE 118 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 141
TABLE 119 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 141
TABLE 120 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 141
10.4.2 CHINA 142
10.4.2.1 Market in China driven by strong government support 142
TABLE 121 CHINA: MACROECONOMIC INDICATORS 142
TABLE 122 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 143
TABLE 123 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 143
TABLE 124 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 143
TABLE 125 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 144
TABLE 126 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 144
TABLE 127 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 144
10.4.3 INDIA 145
10.4.3.1 Growing volume of patient data generated within healthcare systems to drive market in India 145
TABLE 128 INDIA: MACROECONOMIC INDICATORS 145
TABLE 129 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 145
TABLE 130 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 146
TABLE 131 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 146
TABLE 132 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 146
TABLE 133 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 147
TABLE 134 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 147
10.4.4 REST OF ASIA PACIFIC 147
TABLE 135 REST OF ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 148
TABLE 136 REST OF ASIA PACIFIC : POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 148
TABLE 137 REST OF ASIA PACIFIC : POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 149
TABLE 138 REST OF ASIA PACIFIC : POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 149
TABLE 139 REST OF ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2017–2019 (USD MILLION) 149
TABLE 140 REST OF ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2020–2026 (USD MILLION) 150
10.5 LATIN AMERICA 150
10.5.1 BRAZIL, ARGENTINA, AND MEXICO ARE EMERGING HEALTHCARE MARKETS IN LATIN AMERICA 150
TABLE 141 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 151
TABLE 142 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 151
TABLE 143 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 151
TABLE 144 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 152
TABLE 145 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 152
TABLE 146 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 152
10.6 MIDDLE EAST & AFRICA 153
10.6.1 INCREASING INVESTMENTS IN MODERNIZING HEALTHCARE PROPEL MARKET GROWTH IN MIDDLE EAST & AFRICA 153
TABLE 147 MIDDLES EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 153
TABLE 148 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 154
TABLE 149 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 154
TABLE 150 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 154
TABLE 151 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2017–2019 (USD MILLION) 155
TABLE 152 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2020–2026 (USD MILLION) 155
11 COMPETITIVE LANDSCAPE 156
11.1 INTRODUCTION 156
FIGURE 29 KEY DEVELOPMENTS OF SOME OF THE MAJOR PLAYERS
BETWEEN 2017 AND APRIL 2021 156
11.2 MARKET EVALUATION FRAMEWORK 157
FIGURE 30 MARKET EVALUATION FRAMEWORK: PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS —THE MOST WIDELY ADOPTED STRATEGY 157
11.3 POPULATION HEALTH MANAGEMENT MARKET: R&D EXPENDITURE 157
FIGURE 31 R&D EXPENDITURE OF KEY PLAYERS IN THE POPULATION HEALTH MANAGEMENT MARKET (2019 VS. 2020) 157
11.4 REVENUE ANALYSIS OF KEY MARKET PLAYERS 158
FIGURE 32 POPULATION HEALTH MANAGEMENTMARKET: REVENUE ANALYSIS OF KEY MARKET PLAYERS (2020) 158
11.5 VENDOR DIVE 158
11.5.1 STARS 159
11.5.2 EMERGING LEADERS 159
11.5.3 PERVASIVE PLAYERS 159
11.5.4 EMERGING COMPANIES 159
FIGURE 33 COMPETITIVE LEADERSHIP MAPPING: POPULATION HEALTH MANAGEMENT MARKET, 2020 160
11.6 KEY PLAYERS ANALYSIS 160
FIGURE 34 POPULATION HEALTH MANAGEMNT MARKET ANALYSIS BY VENDOR TYPE 161
11.7 COMPETITIVE SITUATIONS AND TRENDS 162
11.7.1 PRODUCT LAUNCHES 162
11.7.2 DEALS 163
11.7.3 OTHER DEVELOPMENTS 164
11.8 COMPETITIVE LEADERSHIP MAPPING – START-UP/SME 164
11.8.1 PROGRESSIVE COMPANIES 164
11.8.2 STARTING BLOCKS 164
11.8.3 RESPONSIVE COMPANIES 164
11.8.4 DYNAMIC COMPANIES 164
FIGURE 35 COMPETITIVE LEADERSHIP MAPPING, START-UP/SME MATRIX MARKET 165
12 COMPANY PROFILES 166
12.1 KEY PLAYERS 166
(Business Overview, Solutions offered, Recent Developments, and MNM View)*
12.1.1 CERNER CORPORATION 166
TABLE 153 CERNER CORPORATION: BUSINESS OVERVIEW 166
FIGURE 36 CERNER CORPORATION: COMPANY SNAPSHOT (2020) 167
12.1.2 ALLSCRIPTS HEALTHCARE SOLUTIONS 171
TABLE 154 ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.: BUSINESS OVERVIEW 171
FIGURE 37 ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.: COMPANY SNAPSHOT (2020) 172
12.1.3 IBM CORPORATION 176
TABLE 155 IBM CORPORATION: BUSINESS OVERVIEW 176
FIGURE 38 IBM CORPORATION: COMPANY SNAPSHOT (2020) 177
12.1.4 EPIC SYSTEMS CORPORATION 179
TABLE 156 EPIC SYSTEMS CORPORATION: BUSINESS OVERVIEW 179
12.1.5 KONINKLIJKE PHILIPS 181
TABLE 157 KONINKLIJKE PHILIPS N.V.: BUSINESS OVERVIEW 181
FIGURE 39 PHILLIPS HEALTHCARE: COMPANY SNAPSHOT (2020) 182
12.1.6 I2I POPULATION HEALTH 185
TABLE 158 I2I POPULATION HEALTH: BUSINESS OVERVIEW 185
12.1.7 HEALTH CATALYST 187
TABLE 159 HEALTH CATALYST: BUSINESS OVERVIEW 187
FIGURE 40 HEALTH CATALYST: COMPANY SNAPSHOT (2020) 187
12.1.8 OPTUM INC. (A SUBSIDIARY OF UNITEDHEALTH GROUP) 190
TABLE 160 OPTUM, INC: BUSINESS OVERVIEW 190
FIGURE 41 OPTUM: COMPANY SNAPSHOT (2020) 190
12.1.9 ENLI HEALTH INTELLIGENCE ( A CEDAR GROUP TECHNOLOGIES) 193
TABLE 161 ENLI HEALTH INTELLIGENCE: BUSINESS OVERVIEW 193
12.1.10 ECLINICALWORKS 194
TABLE 162 ECLINICALWORKS: BUSINESS OVERVIEW 194
12.1.11 HEALTHEC, LLC 196
TABLE 163 HEALTHEC LLC: BUSINESS OVERVIEW 196
12.1.12 MEDECISION 198
TABLE 164 MEDECISION: BUSINESS OVERVIEW 198
12.1.13 ARCADIA 200
TABLE 165 ARCADIA: BUSINESS OVERVIEW 200
12.1.14 ATHENAHEALTH 202
TABLE 166 ATHENAHEALTH, INC: BUSINESS OVERVIEW 202
12.1.15 COTIVITI (VERSCEND TECHNOLOGIES) 204
TABLE 167 COTIVITI: BUSINESS OVERVIEW 204
12.1.16 NEXTGEN HEALTHCARE, INC. 205
TABLE 168 NEXTGEN HEALTHCARE, INC.: BUSINESS OVERVIEW 205
FIGURE 42 NEXTGEN HEALTHCARE: COMPANY SNAPSHOT (2020) 205
12.2 OTHER EMERGING PLAYERS 207
12.2.1 CONIFER HEALTH SOLUTIONS 207
12.2.2 SPH ANALYTICS 207
12.2.3 LIGHTBEAM HEALTH SOLUTIONS 208
12.2.4 INNOVACCER 208
*Details on Business Overview, Solutions offered, Recent Developments, and MNM View might not be captured in case of unlisted companies.
13 APPENDIX 209
13.1 DISCUSSION GUIDE 209
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 212
13.3 AVAILABLE CUSTOMIZATIONS 214
13.4 RELATED REPORTS 214
13.5 AUTHOR DETAILS 215
1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS AND EXCLUSIONS 29
1.3 MARKET SCOPE 30
1.3.1 MARKETS COVERED 30
1.3.2 YEARS CONSIDERED FOR THE STUDY 30
1.4 CURRENCY 31
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 31
1.5 LIMITATIONS 31
1.6 STAKEHOLDERS 31
1.7 SUMMARY OF CHANGES 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.1.1 Key data from secondary sources 34
2.1.2 PRIMARY DATA 35
FIGURE 2 PRIMARY SOURCES 35
2.1.2.1 Key data from primary sources 36
2.1.2.2 Insights from primary experts 36
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY- AND DEMAND-SIDE PARTICIPANTS 37
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION 37
2.2 MARKET SIZE ESTIMATION: POPULATION HEALTH MANAGEMENT MARKET 38
2.2.1 APPROACH 1: BOTTOM-UP APPROACH; DEMAND-SIDE ANALYSIS 38
FIGURE 5 BOTTOM-UP APPROACH: DEMAND-SIDE ANALYSIS 38
FIGURE 6 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 39
2.2.2 TOP-DOWN APPROACH 40
FIGURE 7 TOP-DOWN APPROACH 40
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 41
FIGURE 8 DATA TRIANGULATION METHODOLOGY 41
2.4 MARKET SHARE ANALYSIS 42
2.5 ASSUMPTIONS FOR THE STUDY 42
2.6 RISK ASSESSMENT 42
TABLE 2 RISK ASSESSMENT: POPULATION HEALTH MANAGEMENT MARKET 42
2.7 COVID-19 HEALTH ASSESSMENT 43
2.8 COVID-19 ECONOMIC ASSESSMENT 43
2.9 ASSESSMENT OF IMPACT OF COVID-19 ON ECONOMIC SCENARIO 43
FIGURE 9 CRITERIA IMPACTING THE GLOBAL ECONOMY 44
FIGURE 10 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 45
3 EXECUTIVE SUMMARY 46
FIGURE 11 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2021 VS. 2026 (USD MILLION) 46
FIGURE 12 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY,
2021 VS. 2026 (USD MILLION) 47
FIGURE 13 POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 47
FIGURE 14 POPULATION HEALTH MANAGEMENT MARKET: GEOGRAPHICAL SNAPSHOT 48
4 PREMIUM INSIGHTS 50
4.1 POPULATION HEALTH MANAGEMENT MARKET OVERVIEW 50
FIGURE 15 NEED TO CURTAIL ESCALATING HEALTHCARE COSTS - MAJOR DRIVER FOR MARKET GROWTH 50
4.2 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY END USER AND COUNTRY (2020) 51
FIGURE 16 JAPAN ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC MARKET IN 2020 51
4.3 POPULATION HEALTH MANAGEMENT MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 52
FIGURE 17 CHINA TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 52
4.4 REGIONAL MIX: POPULATION HEALTH MANAGEMENT MARKET (2021−2026) 53
FIGURE 18 NORTH AMERICA TO DOMINATE POPULATION HEALTH MANAGEMENT MARKET DURING FORECAST PERIOD 53
4.5 POPULATION HEALTH MANAGEMENT MARKET: DEVELOPED VS. DEVELOPING MARKETS 53
FIGURE 19 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES DURING FORECAST PERIOD 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
TABLE 3 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: IMPACT ANALYSIS 54
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 55
5.2.1.1 Government mandates & support for healthcare IT solutions 55
5.2.1.2 Need to curtail escalating healthcare costs 56
5.2.1.3 Rising geriatric population and subsequent growth in burden of chronic diseases 57
5.2.2 RESTRAINTS 57
5.2.2.1 High investments in infrastructure to set up robust PHM program 57
5.2.2.2 Data breach concerns 58
5.2.3 OPPORTUNITIES 59
5.2.3.1 Emerging markets 59
5.2.3.2 Rising focus on personalized medicine 60
5.2.3.3 Increasing focus on value-based medicine 60
5.2.4 CHALLENGES 61
5.2.4.1 Lack of data management capabilities and skilled analysts 61
5.2.4.2 Interoperability issues 61
6 INDUSTRY INSIGHTS 62
6.1 INDUSTRY TRENDS 62
6.1.1 NEED FOR INTEROPERABILITY & INTEGRATION DRIVING INNOVATION IN POPULATION HEALTH MANAGEMENT MARKET 62
6.1.2 SHIFT OF RISK BURDEN FROM PAYERS TO PROVIDERS 62
6.1.3 GROWING DEMAND FOR PATIENT-CENTRIC HEALTHCARE 63
FIGURE 20 VALUE-BASED CARE WORKFLOW 64
6.1.4 CLOUD-BASED IT SOLUTIONS 64
6.1.5 CONSOLIDATION OF HEALTHCARE PROVIDERS 65
6.2 COVID-19 IMPACT ANALYSIS 65
6.2.1 IMPACT OF COVID-19 ON POPULATION HEALTH MANAGEMENT MARKET 65
6.3 ECOSYSTEM 66
FIGURE 21 POPULATION HEALTH MANAGEMENT MARKET: ECOSYSTEM 66
6.4 EVOLUTION OF ACCOUNTABLE CARE ORGANIZATIONS (ACOS): A PROMISING PAYMENT REFORM 67
6.4.1 INTRODUCTION 67
FIGURE 22 ACO: REIMBURSEMENT MODEL 67
6.4.2 US: EVOLUTION OF ACOS 67
FIGURE 23 EVOLUTION OF ACO MODELS 68
FIGURE 24 US: TOTAL PUBLIC & PRIVATE ACCOUNTABLE CARE ORGANIZATIONS
(2011–2015) 69
6.4.3 ROLE OF INFORMATION TECHNOLOGY IN ACCOUNTABLE CARE 69
FIGURE 25 ACCOUNTABLE CARE SOLUTIONS AND THEIR USE 69
6.5 HCIT EXPENDITURE ANALYSIS 70
6.5.1 NORTH AMERICA 70
TABLE 4 NORTH AMERICA: HEALTHCARE EXPENDITURE, BY COUNTRY 70
6.5.2 EUROPE 71
6.5.3 ASIA PACIFIC 71
TABLE 5 JAPAN : HEALTHCARE IT INITIATIVES AND FUNDING 71
TABLE 6 CHINA : HEALTHCARE IT INITIATIVES AND FUNDING 72
6.6 REGULATORY ANALYSIS 72
6.6.1 NORTH AMERICA 72
6.6.2 EUROPE 73
6.6.3 ASIA PACIFIC 74
6.7 PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 26 DEGREE OF COMPETITION IS HIGH IN POPULATION HEALTH MANAGEMENT MARKET 74
TABLE 7 POPULATION HEALTH MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 75
7 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT 76
7.1 INTRODUCTION 77
TABLE 8 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2017–2019 (USD MILLION) 77
TABLE 9 POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2020–2026 (USD MILLION) 77
7.2 SOFTWARE 77
7.2.1 SOFTWARE - LARGEST COMPONENT OF POPULATION HEALTH MANAGEMENT MARKET 77
TABLE 10 POPULATION HEALTH MANAGEMENT SOFTWARE OFFERED BY KEY MARKET PLAYERS 78
TABLE 11 POPULATION HEALTH MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 80
TABLE 12 POPULATION HEALTH MANAGEMENT SOFTWARE MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 81
7.3 SERVICES 81
7.3.1 INDISPENSABLE & RECURRING NATURE OF SERVICES TO DRIVE PHM MARKET GROWTH 81
TABLE 13 POPULATION HEALTH MANAGEMENT SERVICES OFFERED BY KEY MARKET PLAYERS 82
TABLE 14 POPULATION HEALTH MANAGEMENT SERVICES MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 83
TABLE 15 POPULATION HEALTH MANAGEMENT SERVICES MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 84
8 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY 85
8.1 INTRODUCTION 86
TABLE 16 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 86
TABLE 17 POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 86
8.2 ON-PREMISE MODE OF DELIVERY 87
8.2.1 TRADITIONAL ON-PREMISE DEPLOYMENT ALLOWS TIME TO TEST SOFTWARE UPGRADES BEFORE IMPLEMENTATION 87
TABLE 18 ON-PREMISE MODE OF DELIVERY: PROS & CONS 87
TABLE 19 POPULATION HEALTH MANAGEMENT MARKET FOR ON-PREMISE SOLUTIONS, BY COUNTRY, 2017–2019 (USD MILLION) 88
TABLE 20 POPULATION HEALTH MANAGEMENT MARKET FOR ON-PREMISE SOLUTIONS, BY COUNTRY, 2020–2026 (USD MILLION) 88
8.3 CLOUD-BASED MODE OF DELIVERY 89
8.3.1 CLOUD-BASED DELIVERY TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 89
TABLE 21 CLOUD-BASED MODE OF DELIVERY: PROS & CONS 90
TABLE 22 POPULATION HEALTH MANAGEMENT MARKET FOR CLOUD-BASED SOLUTIONS, BY COUNTRY, 2017–2019 (USD MILLION) 90
TABLE 23 POPULATION HEALTH MANAGEMENT MARKET FOR CLOUD-BASED SOLUTIONS, BY COUNTRY, 2020–2026 (USD MILLION) 91
9 POPULATION HEALTH MANAGEMENT MARKET, BY END USER 92
9.1 INTRODUCTION 93
TABLE 24 POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 93
TABLE 25 POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 93
9.2 HEALTHCARE PROVIDERS 93
9.2.1 NEED TO IMPROVE PROFITABILITY OF HEALTHCARE OPERATIONS BOOSTS USE OF PHM SOLUTIONS 93
TABLE 26 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PROVIDERS, BY COUNTRY, 2017–2019 (USD MILLION) 94
TABLE 27 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PROVIDERS, BY COUNTRY, 2020–2026 (USD MILLION) 95
9.3 HEALTHCARE PAYERS 95
9.3.1 INCREASED FOCUS ON OUTCOME-BASED PAYMENT MODELS DRIVES DEMAND FOR PHM SOLUTIONS AMONG HEALTHCARE PAYERS 95
TABLE 28 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PAYERS,
BY COUNTRY, 2017–2019 (USD MILLION) 96
TABLE 29 POPULATION HEALTH MANAGEMENT MARKET FOR HEALTHCARE PAYERS,
BY COUNTRY, 2020–2026 (USD MILLION) 97
9.4 OTHER END USERS 97
TABLE 30 POPULATION HEALTH MANAGEMENT MARKET FOR OTHER END USERS,
BY COUNTRY, 2017–2019 (USD MILLION) 98
TABLE 31 POPULATION HEALTH MANAGEMENT MARKET FOR OTHER END USERS,
BY COUNTRY, 2020–2026 (USD MILLION) 99
10 POPULATION HEALTH MANAGEMENT MARKET, BY REGION 100
10.1 INTRODUCTION 101
TABLE 32 POPULATION HEALTH MANAGEMENT MARKET, BY REGION,
2017–2019 (USD MILLION) 101
TABLE 33 POPULATION HEALTH MANAGEMENT MARKET, BY REGION,
2020–2026 (USD MILLION) 101
10.2 NORTH AMERICA 102
FIGURE 27 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET SNAPSHOT 102
TABLE 34 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COUNTRY, 2017–2019 (USD MILLION) 103
TABLE 35 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COUNTRY, 2020–2026 (USD MILLION) 103
TABLE 36 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 103
TABLE 37 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 104
TABLE 38 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 104
TABLE 39 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 104
TABLE 40 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 105
TABLE 41 NORTH AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 105
10.2.1 US 105
10.2.1.1 US is largest market for population health management solutions 105
TABLE 42 US: MACROECONOMIC INDICATORS 106
TABLE 43 US: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2017–2019 (USD MILLION) 106
TABLE 44 US: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2020–2026 (USD MILLION) 107
TABLE 45 US: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 107
TABLE 46 US: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 107
TABLE 47 US: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 108
TABLE 48 US: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 108
10.2.2 CANADA 108
10.2.2.1 Deployment of digital health initiatives boosts market growth in Canada 108
TABLE 49 CANADA: MACROECONOMIC INDICATORS 109
TABLE 50 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 109
TABLE 51 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 109
TABLE 52 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 110
TABLE 53 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 110
TABLE 54 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 110
TABLE 55 CANADA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 111
10.3 EUROPE 111
TABLE 56 EUROPE: E-HEALTH PRIORITIES FOR HEALTHCARE PROVIDERS, BY COUNTRY, 2019 112
TABLE 57 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 112
TABLE 58 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 113
TABLE 59 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 113
TABLE 60 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 113
TABLE 61 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 114
TABLE 62 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 114
TABLE 63 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 114
TABLE 64 EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 115
10.3.1 GERMANY 115
10.3.1.1 Germany dominates European population health management market 115
TABLE 65 GERMANY: MACROECONOMIC INDICATORS 116
TABLE 66 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 116
TABLE 67 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 117
TABLE 68 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 117
TABLE 69 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 117
TABLE 70 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 118
TABLE 71 GERMANY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 118
10.3.2 UK 118
10.3.2.1 Increasing public-private initiatives support adoption of PHM solutions in UK 118
TABLE 72 UK: MACROECONOMIC INDICATORS 119
TABLE 73 UK: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2017–2019 (USD MILLION) 120
TABLE 74 UK: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT,
2020–2026 (USD MILLION) 120
TABLE 75 UK: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 120
TABLE 76 UK: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 121
TABLE 77 UK: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 121
TABLE 78 UK: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 121
10.3.3 FRANCE 122
10.3.3.1 Increasing patient volume for chronic and age-related conditions to drive market in France 122
TABLE 79 FRANCE: MACROECONOMIC INDICATORS 123
TABLE 80 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 123
TABLE 81 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 123
TABLE 82 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 124
TABLE 83 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 124
TABLE 84 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 124
TABLE 85 FRANCE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 125
10.3.4 ITALY 125
10.3.4.1 Government initiatives to support market growth in Italy 125
TABLE 86 ITALY: MACROECONOMIC INDICATORS 126
TABLE 87 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 126
TABLE 88 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 126
TABLE 89 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 127
TABLE 90 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 127
TABLE 91 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 127
TABLE 92 ITALY: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 128
10.3.5 SPAIN 128
10.3.5.1 Increasing adoption of PHM solutions in Spain driven by demand for e-prescriptions and better patient record management 128
TABLE 93 SPAIN: MACROECONOMIC INDICATORS 129
TABLE 94 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 129
TABLE 95 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 130
TABLE 96 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 130
TABLE 97 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 130
TABLE 98 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 131
TABLE 99 SPAIN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 131
10.3.6 REST OF EUROPE 131
TABLE 100 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 132
TABLE 101 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 132
TABLE 102 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 132
TABLE 103 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 133
TABLE 104 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 133
TABLE 105 REST OF EUROPE: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 133
10.4 ASIA PACIFIC 134
FIGURE 28 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET SNAPSHOT 135
TABLE 106 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2017–2019 (USD MILLION) 136
TABLE 107 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 136
TABLE 108 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 136
TABLE 109 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 137
TABLE 110 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 137
TABLE 111 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 137
TABLE 112 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 138
TABLE 113 ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 138
10.4.1 JAPAN 138
10.4.1.1 Japan accounted for largest share of PHM market in Asia Pacific in 2020 138
TABLE 114 JAPAN: MACROECONOMIC INDICATORS 139
TABLE 115 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 140
TABLE 116 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 140
TABLE 117 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 140
TABLE 118 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 141
TABLE 119 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 141
TABLE 120 JAPAN: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 141
10.4.2 CHINA 142
10.4.2.1 Market in China driven by strong government support 142
TABLE 121 CHINA: MACROECONOMIC INDICATORS 142
TABLE 122 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 143
TABLE 123 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 143
TABLE 124 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 143
TABLE 125 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 144
TABLE 126 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 144
TABLE 127 CHINA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 144
10.4.3 INDIA 145
10.4.3.1 Growing volume of patient data generated within healthcare systems to drive market in India 145
TABLE 128 INDIA: MACROECONOMIC INDICATORS 145
TABLE 129 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2017–2019 (USD MILLION) 145
TABLE 130 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 146
TABLE 131 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 146
TABLE 132 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 146
TABLE 133 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2017–2019 (USD MILLION) 147
TABLE 134 INDIA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER,
2020–2026 (USD MILLION) 147
10.4.4 REST OF ASIA PACIFIC 147
TABLE 135 REST OF ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 148
TABLE 136 REST OF ASIA PACIFIC : POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 148
TABLE 137 REST OF ASIA PACIFIC : POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 149
TABLE 138 REST OF ASIA PACIFIC : POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 149
TABLE 139 REST OF ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2017–2019 (USD MILLION) 149
TABLE 140 REST OF ASIA PACIFIC: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2020–2026 (USD MILLION) 150
10.5 LATIN AMERICA 150
10.5.1 BRAZIL, ARGENTINA, AND MEXICO ARE EMERGING HEALTHCARE MARKETS IN LATIN AMERICA 150
TABLE 141 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 151
TABLE 142 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 151
TABLE 143 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 151
TABLE 144 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 152
TABLE 145 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2017–2019 (USD MILLION) 152
TABLE 146 LATIN AMERICA: POPULATION HEALTH MANAGEMENT MARKET, BY END USER, 2020–2026 (USD MILLION) 152
10.6 MIDDLE EAST & AFRICA 153
10.6.1 INCREASING INVESTMENTS IN MODERNIZING HEALTHCARE PROPEL MARKET GROWTH IN MIDDLE EAST & AFRICA 153
TABLE 147 MIDDLES EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2017–2019 (USD MILLION) 153
TABLE 148 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY COMPONENT, 2020–2026 (USD MILLION) 154
TABLE 149 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2017–2019 (USD MILLION) 154
TABLE 150 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY MODE OF DELIVERY, 2020–2026 (USD MILLION) 154
TABLE 151 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2017–2019 (USD MILLION) 155
TABLE 152 MIDDLE EAST & AFRICA: POPULATION HEALTH MANAGEMENT MARKET,
BY END USER, 2020–2026 (USD MILLION) 155
11 COMPETITIVE LANDSCAPE 156
11.1 INTRODUCTION 156
FIGURE 29 KEY DEVELOPMENTS OF SOME OF THE MAJOR PLAYERS
BETWEEN 2017 AND APRIL 2021 156
11.2 MARKET EVALUATION FRAMEWORK 157
FIGURE 30 MARKET EVALUATION FRAMEWORK: PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS —THE MOST WIDELY ADOPTED STRATEGY 157
11.3 POPULATION HEALTH MANAGEMENT MARKET: R&D EXPENDITURE 157
FIGURE 31 R&D EXPENDITURE OF KEY PLAYERS IN THE POPULATION HEALTH MANAGEMENT MARKET (2019 VS. 2020) 157
11.4 REVENUE ANALYSIS OF KEY MARKET PLAYERS 158
FIGURE 32 POPULATION HEALTH MANAGEMENTMARKET: REVENUE ANALYSIS OF KEY MARKET PLAYERS (2020) 158
11.5 VENDOR DIVE 158
11.5.1 STARS 159
11.5.2 EMERGING LEADERS 159
11.5.3 PERVASIVE PLAYERS 159
11.5.4 EMERGING COMPANIES 159
FIGURE 33 COMPETITIVE LEADERSHIP MAPPING: POPULATION HEALTH MANAGEMENT MARKET, 2020 160
11.6 KEY PLAYERS ANALYSIS 160
FIGURE 34 POPULATION HEALTH MANAGEMNT MARKET ANALYSIS BY VENDOR TYPE 161
11.7 COMPETITIVE SITUATIONS AND TRENDS 162
11.7.1 PRODUCT LAUNCHES 162
11.7.2 DEALS 163
11.7.3 OTHER DEVELOPMENTS 164
11.8 COMPETITIVE LEADERSHIP MAPPING – START-UP/SME 164
11.8.1 PROGRESSIVE COMPANIES 164
11.8.2 STARTING BLOCKS 164
11.8.3 RESPONSIVE COMPANIES 164
11.8.4 DYNAMIC COMPANIES 164
FIGURE 35 COMPETITIVE LEADERSHIP MAPPING, START-UP/SME MATRIX MARKET 165
12 COMPANY PROFILES 166
12.1 KEY PLAYERS 166
(Business Overview, Solutions offered, Recent Developments, and MNM View)*
12.1.1 CERNER CORPORATION 166
TABLE 153 CERNER CORPORATION: BUSINESS OVERVIEW 166
FIGURE 36 CERNER CORPORATION: COMPANY SNAPSHOT (2020) 167
12.1.2 ALLSCRIPTS HEALTHCARE SOLUTIONS 171
TABLE 154 ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.: BUSINESS OVERVIEW 171
FIGURE 37 ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.: COMPANY SNAPSHOT (2020) 172
12.1.3 IBM CORPORATION 176
TABLE 155 IBM CORPORATION: BUSINESS OVERVIEW 176
FIGURE 38 IBM CORPORATION: COMPANY SNAPSHOT (2020) 177
12.1.4 EPIC SYSTEMS CORPORATION 179
TABLE 156 EPIC SYSTEMS CORPORATION: BUSINESS OVERVIEW 179
12.1.5 KONINKLIJKE PHILIPS 181
TABLE 157 KONINKLIJKE PHILIPS N.V.: BUSINESS OVERVIEW 181
FIGURE 39 PHILLIPS HEALTHCARE: COMPANY SNAPSHOT (2020) 182
12.1.6 I2I POPULATION HEALTH 185
TABLE 158 I2I POPULATION HEALTH: BUSINESS OVERVIEW 185
12.1.7 HEALTH CATALYST 187
TABLE 159 HEALTH CATALYST: BUSINESS OVERVIEW 187
FIGURE 40 HEALTH CATALYST: COMPANY SNAPSHOT (2020) 187
12.1.8 OPTUM INC. (A SUBSIDIARY OF UNITEDHEALTH GROUP) 190
TABLE 160 OPTUM, INC: BUSINESS OVERVIEW 190
FIGURE 41 OPTUM: COMPANY SNAPSHOT (2020) 190
12.1.9 ENLI HEALTH INTELLIGENCE ( A CEDAR GROUP TECHNOLOGIES) 193
TABLE 161 ENLI HEALTH INTELLIGENCE: BUSINESS OVERVIEW 193
12.1.10 ECLINICALWORKS 194
TABLE 162 ECLINICALWORKS: BUSINESS OVERVIEW 194
12.1.11 HEALTHEC, LLC 196
TABLE 163 HEALTHEC LLC: BUSINESS OVERVIEW 196
12.1.12 MEDECISION 198
TABLE 164 MEDECISION: BUSINESS OVERVIEW 198
12.1.13 ARCADIA 200
TABLE 165 ARCADIA: BUSINESS OVERVIEW 200
12.1.14 ATHENAHEALTH 202
TABLE 166 ATHENAHEALTH, INC: BUSINESS OVERVIEW 202
12.1.15 COTIVITI (VERSCEND TECHNOLOGIES) 204
TABLE 167 COTIVITI: BUSINESS OVERVIEW 204
12.1.16 NEXTGEN HEALTHCARE, INC. 205
TABLE 168 NEXTGEN HEALTHCARE, INC.: BUSINESS OVERVIEW 205
FIGURE 42 NEXTGEN HEALTHCARE: COMPANY SNAPSHOT (2020) 205
12.2 OTHER EMERGING PLAYERS 207
12.2.1 CONIFER HEALTH SOLUTIONS 207
12.2.2 SPH ANALYTICS 207
12.2.3 LIGHTBEAM HEALTH SOLUTIONS 208
12.2.4 INNOVACCER 208
*Details on Business Overview, Solutions offered, Recent Developments, and MNM View might not be captured in case of unlisted companies.
13 APPENDIX 209
13.1 DISCUSSION GUIDE 209
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 212
13.3 AVAILABLE CUSTOMIZATIONS 214
13.4 RELATED REPORTS 214
13.5 AUTHOR DETAILS 215
MarketsandMarkets
Publisher: MarketsandMarkets
# of Pages: 224
Rating:
1 User License $4,950
Publication Date: April, 2022
Price: $4,950 / User License
Buy Now
RPT50593
LIC503
1 User $4,950
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232
MarketsandMarkets