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1 INTRODUCTION 36
1.1 OBJECTIVES OF THE STUDY 36
1.2 MARKET DEFINITION 36
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 37
1.2.2 MARKETS COVERED 38
FIGURE 1 RAPID MICROBIOLOGY TESTING MARKET SEGMENTATION 38
1.2.3 YEARS CONSIDERED FOR THE STUDY 39
1.3 CURRENCY 39
1.4 LIMITATIONS 39
1.5 STAKEHOLDERS 40
1.6 SUMMARY OF CHANGES 40
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
2.2 RESEARCH APPROACH 42
FIGURE 2 RAPID MICROBIOLOGY TESTING MARKET: RESEARCH DESIGN 42
2.2.1 SECONDARY DATA 43
2.2.1.1 Key data from secondary sources 43
2.2.2 PRIMARY DATA 44
2.2.2.1 Key data from primary sources 44
2.2.2.2 Key industry insights 45
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 46
2.3 MARKET SIZE ESTIMATION 46
2.3.1 BOTTOM-UP APPROACH 47
FIGURE 4 RAPID MICROBIOLOGY TESTING MARKET: BOTTOM-UP APPROACH 47
FIGURE 5 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 47
2.3.2 TOP-DOWN APPROACH 48
FIGURE 6 RAPID MICROBIOLOGY TESTING MARKET: TOP-DOWN APPROACH 48
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 49
FIGURE 7 DATA TRIANGULATION METHODOLOGY 49
2.5 ASSUMPTIONS FOR THE STUDY 50
2.6 GROWTH RATE ASSUMPTIONS 50
2.7 LIMITATIONS 51
2.8 RISK ASSESSMENT 51
2.9 COVID-19 HEALTH ASSESSMENT 52
2.10 COVID-19 ECONOMIC ASSESSMENT 52
2.11 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 52
FIGURE 8 CRITERIA IMPACTING THE GLOBAL ECONOMY 52
FIGURE 9 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 54
2.12 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE RAPID MICROBIOLOGY TESTING MARKET 55
3 EXECUTIVE SUMMARY 56
FIGURE 10 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 56
FIGURE 11 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2021 VS. 2026 (USD MILLION) 57
FIGURE 12 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 58
FIGURE 13 RAPID MICROBIOLOGY TESTING MARKET, BY REGION,
2021 VS. 2026 (USD MILLION) 59
4 PREMIUM INSIGHTS 60
4.1 RAPID MICROBIOLOGY TESTING MARKET OVERVIEW 60
FIGURE 14 RISING INCIDENCE OF INFECTIOUS DISEASES TO DRIVE MARKET GROWTH 60
4.2 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY PRODUCT, 2021 VS. 2026 61
FIGURE 15 INSTRUMENTS SEGMENT WILL CONTINUE TO DOMINATE
THE MARKET IN 2026 61
4.3 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY METHOD, 2021 VS. 2026 61
FIGURE 16 GROWTH-BASED RAPID MICROBIOLOGY TESTING SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 61
4.4 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY APPLICATION, 2021 VS. 2026 62
FIGURE 17 CLINICAL DISEASE DIAGNOSIS IS THE LARGEST APPLICATION SEGMENT OF RAPID MICROBIOLOGY TESTS 62
4.5 RAPID MICROBIOLOGY TESTING MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 63
FIGURE 18 ASIA PACIFIC TO REGISTER THE HIGHEST GROWTH RATE IN THE RAPID MICROBIOLOGY TESTING MARKET DURING THE FORECAST PERIOD 63
5 MARKET OVERVIEW 64
5.1 INTRODUCTION 64
5.2 MARKET DYNAMICS 64
FIGURE 19 RAPID MICROBIOLOGY TESTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 64
5.2.1 DRIVERS 65
5.2.1.1 Increasing incidence of infectious diseases and cancer 65
5.2.1.2 Technological advancements in rapid microbiology testing 65
5.2.1.3 Increased funding for R&D 66
5.2.1.4 Increased focus on the early detection of infectious diseases 66
5.2.2 RESTRAINTS 67
5.2.2.1 High capital investments and low cost-benefit ratio 67
5.2.2.2 Unfavorable regulatory and reimbursement scenarios 67
5.2.3 OPPORTUNITIES 67
5.2.3.1 Growth opportunities in emerging countries 67
5.2.4 CHALLENGES 68
5.2.4.1 Operational barriers 68
5.3 IMPACT OF COVID-19 ON THE RAPID MICROBIOLOGY TESTING MARKET 68
5.3.1 GLOBAL TREND IN THE SARS-COV-2 RAPID DIAGNOSTICS MARKET 68
5.4 PRICING ANALYSIS 69
TABLE 1 PRICES OF RAPID MICROBIOLOGY TESTS (2021) 69
5.5 PATENT ANALYSIS 70
5.6 TRADE ANALYSIS 70
5.6.1 TRADE ANALYSIS FOR DIAGNOSTIC AND LABORATORY REAGENTS 70
TABLE 2 IMPORT DATA FOR DIAGNOSTIC AND LABORATORY REAGENTS, BY COUNTRY, 2016–2020 (USD MILLION) 70
TABLE 3 EXPORT DATA FOR DIAGNOSTIC AND LABORATORY REAGENTS, BY COUNTRY, 2016–2020 (USD MILLION) 71
5.7 VALUE CHAIN ANALYSIS 71
FIGURE 20 MAJOR VALUE IS ADDED DURING THE MANUFACTURING & ASSEMBLY PHASES 71
5.8 SUPPLY CHAIN ANALYSIS 72
FIGURE 21 DISTRIBUTION—A STRATEGY PREFERRED BY PROMINENT COMPANIES 73
5.9 ECOSYSTEM ANALYSIS OF THE RAPID MICROBIOLOGY TESTING MARKET 73
FIGURE 22 RAPID MICROBIOLOGY TESTING MARKET: ECOSYSTEM ANALYSIS 73
5.10 PORTER’S FIVE FORCES ANALYSIS 75
TABLE 4 RAPID MICROBIOLOGY TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS 75
5.10.1 THREAT OF NEW ENTRANTS 75
5.10.2 THREAT OF SUBSTITUTES 75
5.10.3 BARGAINING POWER OF BUYERS 75
5.10.4 BARGAINING POWER OF SUPPLIERS 75
5.10.5 DEGREE OF COMPETITION 76
5.11 PESTLE ANALYSIS 76
5.12 REGULATORY LANDSCAPE 77
5.12.1 NORTH AMERICA 77
5.12.1.1 US 77
5.12.1.2 Canada 77
5.12.2 EUROPE 77
5.12.3 ASIA PACIFIC 77
5.12.3.1 Japan 77
5.12.3.2 India 78
5.12.3.3 China 78
5.12.4 LATIN AMERICA 78
5.12.4.1 Brazil 78
5.12.4.2 Mexico 78
5.12.5 MIDDLE EAST 79
5.12.6 AFRICA 79
5.13 TECHNOLOGY ANALYSIS 79
5.14 DISRUPTIVE TECHNOLOGIES IN THE RAPID MICROBIOLOGY TESTING MARKET 80
5.14.1 REVENUE SHIFT & REVENUE POCKETS FOR THE RAPID MICROBIOLOGY TESTING MARKET 80
FIGURE 23 REVENUE SHIFT FOR THE RAPID MICROBIOLOGY TESTING MARKET 80
6 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT 81
6.1 INTRODUCTION 82
TABLE 5 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 82
TABLE 6 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 82
6.2 INSTRUMENTS 83
TABLE 7 KEY PRODUCTS IN THE RAPID MICROBIOLOGY INSTRUMENTS MARKET 83
TABLE 8 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2016–2019 (USD MILLION) 84
TABLE 9 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2020–2026 (USD MILLION) 84
TABLE 10 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY REGION,
2016–2019 (USD MILLION) 85
TABLE 11 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY REGION,
2020–2026 (USD MILLION) 85
6.2.1 AUTOMATED MICROBIAL IDENTIFICATION & ANTIMICROBIAL SUSCEPTIBILITY TESTING SYSTEMS 86
6.2.1.1 Ease of use as compared to conventional identification processes is the major factor supporting the growth of this segment 86
TABLE 12 RAPID MICROBIOLOGY TESTING MARKET FOR AUTOMATED MICROBIAL IDENTIFICATION & ANTIMICROBIAL SUSCEPTIBILITY TESTING SYSTEMS,
BY REGION, 2016–2019 (USD MILLION) 86
TABLE 13 RAPID MICROBIOLOGY TESTING MARKET FOR AUTOMATED MICROBIAL IDENTIFICATION & ANTIMICROBIAL SUSCEPTIBILITY TESTING SYSTEMS,
BY REGION, 2020–2026 (USD MILLION) 87
6.2.2 MASS SPECTROMETERS 87
6.2.2.1 Mass spectrometry methods provide rapid results for microbial identification within a few minutes 87
TABLE 14 RAPID MICROBIOLOGY TESTING MARKET FOR MASS SPECTROMETERS,
BY REGION, 2016–2019 (USD MILLION) 88
TABLE 15 RAPID MICROBIOLOGY TESTING MARKET FOR MASS SPECTROMETERS,
BY REGION, 2020–2026 (USD MILLION) 88
6.2.3 BIOLUMINESCENCE & FLUORESCENCE-BASED DETECTION SYSTEMS 88
6.2.3.1 Unwanted detection of non-microbial ATP is one of the major disadvantages associated with this technique 88
TABLE 16 RAPID MICROBIOLOGY TESTING MARKET FOR BIOLUMINESCENCE & FLUORESCENCE-BASED DETECTION SYSTEMS, BY REGION,
2016–2019 (USD MILLION) 89
TABLE 17 RAPID MICROBIOLOGY TESTING MARKET FOR BIOLUMINESCENCE & FLUORESCENCE-BASED DETECTION SYSTEMS, BY REGION,
2020–2026 (USD MILLION) 89
6.2.4 PCR SYSTEMS 90
6.2.4.1 Standard PCR, real-time PCR, and qPCR are the common PCR techniques used for rapid microbial testing 90
TABLE 18 RAPID MICROBIOLOGY TESTING MARKET FOR PCR SYSTEMS, BY REGION, 2016–2019 (USD MILLION) 90
TABLE 19 RAPID MICROBIOLOGY TESTING MARKET FOR PCR SYSTEMS, BY REGION, 2020–2026 (USD MILLION) 91
6.2.5 CYTOMETERS 91
6.2.5.1 Ability to detect viable organisms to support market growth 91
TABLE 20 RAPID MICROBIOLOGY TESTING MARKET FOR CYTOMETERS, BY REGION, 2016–2019 (USD MILLION) 92
TABLE 21 RAPID MICROBIOLOGY TESTING MARKET FOR CYTOMETERS, BY REGION, 2020–2026 (USD MILLION) 92
6.2.6 ACTIVE AIR SAMPLERS 92
6.2.6.1 Rapid active air samplers are convenient and easy to use and offer more sensitive and complete results in real-time 92
TABLE 22 RAPID MICROBIOLOGY TESTING MARKET FOR ACTIVE AIR SAMPLERS,
BY REGION, 2016–2019 (USD MILLION) 93
TABLE 23 RAPID MICROBIOLOGY TESTING MARKET FOR ACTIVE AIR SAMPLERS,
BY REGION, 2020–2026 (USD MILLION) 93
6.2.7 OTHER INSTRUMENTS 94
TABLE 24 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER INSTRUMENTS,
BY REGION, 2016–2019 (USD MILLION) 94
TABLE 25 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER INSTRUMENTS,
BY REGION, 2020–2026 (USD MILLION) 95
6.3 REAGENTS & KITS 95
TABLE 26 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY TYPE,
2016–2019 (USD MILLION) 95
TABLE 27 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY TYPE,
2020–2026 (USD MILLION) 96
TABLE 28 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY REGION, 2016–2019 (USD MILLION) 96
TABLE 29 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY REGION, 2020–2026 (USD MILLION) 97
6.3.1 STERILITY REAGENTS & KITS 97
6.3.1.1 Increasing adoption of BET assays to propel market growth 97
TABLE 30 RAPID MICROBIOLOGY TESTING MARKET FOR STERILITY TESTING REAGENTS & KITS, BY REGION, 2016–2019 (USD MILLION) 98
TABLE 31 RAPID MICROBIOLOGY TESTING MARKET FOR STERILITY TESTING REAGENTS & KITS, BY REGION, 2020–2026 (USD MILLION) 98
6.3.2 OTHER REAGENTS & KITS 98
TABLE 32 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER REAGENTS & KITS,
BY REGION, 2016–2019 (USD MILLION) 99
TABLE 33 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER REAGENTS & KITS,
BY REGION, 2020–2026 (USD MILLION) 99
6.4 CONSUMABLES 100
6.4.1 DEVELOPMENT OF AUTOMATED ZONE READERS AND DISPENSERS TO DRIVE MARKET GROWTH 100
TABLE 34 RAPID MICROBIOLOGY TESTING CONSUMABLES MARKET, BY REGION, 2016–2019 (USD MILLION) 100
TABLE 35 RAPID MICROBIOLOGY TESTING CONSUMABLES MARKET, BY REGION, 2020–2026 (USD MILLION) 101
7 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD 102
7.1 INTRODUCTION 103
TABLE 36 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 103
TABLE 37 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 104
TABLE 38 TYPES OF TECHNOLOGIES USED IN VARIOUS RAPID MICROBIOLOGY TESTING METHODS 104
7.2 GROWTH-BASED RAPID MICROBIOLOGY TESTING 105
7.2.1 GROWTH-BASED RAPID MICROBIOLOGY TESTING IS THE LARGEST METHOD SEGMENT 105
TABLE 39 GROWTH-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2016–2019 (USD MILLION) 105
TABLE 40 GROWTH-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2020–2026 (USD MILLION) 106
7.3 CELLULAR COMPONENT-BASED RAPID MICROBIOLOGY TESTING 106
7.3.1 THIS METHOD OFFERS A HIGH LEVEL OF SENSITIVITY, ACCURACY, AND SPECIFICITY 106
TABLE 41 CELLULAR COMPONENT-BASED RAPID MICROBIOLOGY TESTING MARKET,
BY REGION, 2016–2019 (USD MILLION) 107
TABLE 42 CELLULAR COMPONENT-BASED RAPID MICROBIOLOGY TESTING MARKET,
BY REGION, 2020–2026 (USD MILLION) 107
7.4 NUCLEIC ACID-BASED RAPID MICROBIOLOGY TESTING 108
7.4.1 NUCLEIC ACID-BASED METHODS TO REGISTER THE HIGHEST GROWTH IN THE FORECAST PERIOD 108
TABLE 43 NUCLEIC ACID-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2016–2019 (USD MILLION) 108
TABLE 44 NUCLEIC ACID-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2020–2026 (USD MILLION) 109
7.5 VIABILITY-BASED RAPID MICROBIOLOGY TESTING 109
7.5.1 NEAR REAL-TIME DETECTION AND IMPROVED ACCURACY ARE SOME OF THE ADVANTAGES DRIVING THE ADOPTION OF THIS SEGMENT 109
TABLE 45 VIABILITY-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2016–2019 (USD MILLION) 110
TABLE 46 VIABILITY-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2020–2026 (USD MILLION) 110
7.6 OTHER RAPID MICROBIOLOGY TESTING METHODS 110
TABLE 47 OTHER RAPID MICROBIOLOGY TESTING METHODS MARKET, BY REGION, 2016–2019 (USD MILLION) 111
TABLE 48 OTHER RAPID MICROBIOLOGY TESTING METHODS MARKET, BY REGION, 2020–2026 (USD MILLION) 111
8 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION 112
8.1 INTRODUCTION 113
TABLE 49 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 113
TABLE 50 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 114
8.2 CLINICAL DISEASE DIAGNOSIS 114
8.2.1 HIGH BURDEN OF INFECTIOUS DISEASES AND HAIS TO PROPEL MARKET GROWTH 114
TABLE 51 RAPID MICROBIOLOGY TESTING MARKET FOR CLINICAL DISEASE DIAGNOSIS, BY REGION, 2016–2019 (USD MILLION) 115
TABLE 52 RAPID MICROBIOLOGY TESTING MARKET FOR CLINICAL DISEASE DIAGNOSIS, BY REGION, 2020–2026 (USD MILLION) 115
8.3 FOOD & BEVERAGE TESTING 116
8.3.1 FOOD & BEVERAGE TESTING IS THE FASTEST-GROWING APPLICATION SEGMENT IN THE RAPID MICROBIOLOGY TESTING MARKET 116
TABLE 53 RAPID MICROBIOLOGY TESTING MARKET FOR FOOD & BEVERAGE TESTING, BY REGION, 2016–2019 (USD MILLION) 117
TABLE 54 RAPID MICROBIOLOGY TESTING MARKET FOR FOOD & BEVERAGE TESTING, BY REGION, 2020–2026 (USD MILLION) 117
8.4 PHARMACEUTICAL & BIOLOGICAL DRUG TESTING 117
8.4.1 IMPROVED REGULATORY SCENARIO FOR DRUG DEVELOPMENT TO SUPPORT MARKET GROWTH 117
TABLE 55 RAPID MICROBIOLOGY TESTING MARKET FOR PHARMACEUTICAL & BIOLOGICAL DRUG TESTING, BY REGION, 2016–2019 (USD MILLION) 118
TABLE 56 RAPID MICROBIOLOGY TESTING MARKET FOR PHARMACEUTICAL & BIOLOGICAL DRUG TESTING, BY REGION, 2020–2026 (USD MILLION) 119
8.5 ENVIRONMENTAL TESTING 119
8.5.1 GROWING FOCUS ON ENVIRONMENTAL MONITORING WILL BOOST THE GROWTH OF THIS SEGMENT 119
TABLE 57 RAPID MICROBIOLOGY TESTING MARKET FOR ENVIRONMENTAL TESTING,
BY REGION, 2016–2019 (USD MILLION) 120
TABLE 58 RAPID MICROBIOLOGY TESTING MARKET FOR ENVIRONMENTAL TESTING,
BY REGION, 2020–2026 (USD MILLION) 120
8.6 COSMETICS & PERSONAL CARE PRODUCTS TESTING 121
8.6.1 RAPID MICROBIOLOGY TESTING IS WIDELY USED IN THESE INDUSTRIES TO DETERMINE THE PRESENCE OF MICROBES IN THE MANUFACTURING PROCESS 121
TABLE 59 RAPID MICROBIOLOGY TESTING MARKET FOR COSMETICS & PERSONAL CARE PRODUCTS TESTING, BY REGION, 2016–2019 (USD MILLION) 122
TABLE 60 RAPID MICROBIOLOGY TESTING MARKET FOR COSMETICS & PERSONAL CARE PRODUCTS TESTING, BY REGION, 2020–2026 (USD MILLION) 122
8.7 RESEARCH APPLICATIONS 123
8.7.1 INCREASING USE OF MICROBIOLOGY TESTING SERVICES BY ACADEMIC & RESEARCH INSTITUTES TO DRIVE MARKET GROWTH 123
TABLE 61 RAPID MICROBIOLOGY TESTING MARKET FOR RESEARCH APPLICATIONS,
BY REGION, 2016–2019 (USD MILLION) 123
TABLE 62 RAPID MICROBIOLOGY TESTING MARKET FOR RESEARCH APPLICATIONS,
BY REGION, 2020–2026 (USD MILLION) 124
8.8 OTHER APPLICATIONS 124
TABLE 63 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER APPLICATIONS,
BY REGION, 2016–2019 (USD MILLION) 125
TABLE 64 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER APPLICATIONS,
BY REGION, 2020–2026 (USD MILLION) 125
9 RAPID MICROBIOLOGY TESTING MARKET, BY REGION 126
9.1 INTRODUCTION 127
TABLE 65 RAPID MICROBIOLOGY TESTING MARKET, BY REGION,
2016–2019 (USD MILLION) 127
TABLE 66 RAPID MICROBIOLOGY TESTING MARKET, BY REGION,
2020–2026 (USD MILLION) 127
9.2 NORTH AMERICA 128
FIGURE 24 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET SNAPSHOT 128
TABLE 67 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 129
TABLE 68 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 129
TABLE 69 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2016–2019 (USD MILLION) 129
TABLE 70 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2020–2026 (USD MILLION) 130
TABLE 71 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2016–2019 (USD MILLION) 130
TABLE 72 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2020–2026 (USD MILLION) 131
TABLE 73 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 131
TABLE 74 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 132
9.2.1 US 132
9.2.1.1 Adoption of technologically advanced products in the US to favor market growth 132
TABLE 75 US: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 133
TABLE 76 US: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 133
TABLE 77 US: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2016–2019 (USD MILLION) 134
TABLE 78 US: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2020–2026 (USD MILLION) 134
TABLE 79 US: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 135
TABLE 80 US: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 135
TABLE 81 US: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 136
TABLE 82 US: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 136
9.2.2 CANADA 137
9.2.2.1 Favorable environment for R&D and rising incidence of infectious diseases to drive the rapid microbiology testing market in Canada 137
TABLE 83 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 137
TABLE 84 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 138
TABLE 85 CANADA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 138
TABLE 86 CANADA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 139
TABLE 87 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 139
TABLE 88 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 140
TABLE 89 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 140
TABLE 90 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 141
9.3 EUROPE 141
TABLE 91 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 142
TABLE 92 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY,
2020–2026 (USD MILLION) 142
TABLE 93 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 143
TABLE 94 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 143
TABLE 95 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 144
TABLE 96 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 144
TABLE 97 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 145
TABLE 98 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 145
9.3.1 GERMANY 146
9.3.1.1 Germany is the largest & fastest-growing market for rapid microbiology testing in Europe 146
TABLE 99 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 146
TABLE 100 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 147
TABLE 101 GERMANY: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 147
TABLE 102 GERMANY: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 148
TABLE 103 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 148
TABLE 104 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 149
TABLE 105 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 149
TABLE 106 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 150
9.3.2 FRANCE 150
9.3.2.1 Rising R&D expenditure to drive market growth 150
TABLE 107 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 151
TABLE 108 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 151
TABLE 109 FRANCE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 152
TABLE 110 FRANCE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 152
TABLE 111 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 153
TABLE 112 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 153
TABLE 113 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 154
TABLE 114 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 154
9.3.3 UK 155
9.3.3.1 Increasing investments and funding by the government to drive the market growth in the UK 155
TABLE 115 UK: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 155
TABLE 116 UK: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 156
TABLE 117 UK: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2016–2019 (USD MILLION) 156
TABLE 118 UK: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2020–2026 (USD MILLION) 157
TABLE 119 UK: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 157
TABLE 120 UK: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 158
TABLE 121 UK: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 158
TABLE 122 UK: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 159
9.3.4 REST OF EUROPE 159
TABLE 123 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 159
TABLE 124 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 160
TABLE 125 ROE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 160
TABLE 126 ROE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 161
TABLE 127 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 161
TABLE 128 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 162
TABLE 129 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 162
TABLE 130 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 163
9.4 ASIA PACIFIC 163
FIGURE 25 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET SNAPSHOT 164
TABLE 131 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 165
TABLE 132 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 165
TABLE 133 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2016–2019 (USD MILLION) 166
TABLE 134 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2020–2026 (USD MILLION) 166
TABLE 135 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 167
TABLE 136 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 167
TABLE 137 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 168
TABLE 138 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 168
9.4.1 CHINA 169
9.4.1.1 Increasing funding for R&D to drive market growth 169
TABLE 139 CHINA: KEY MACROINDICATORS 169
TABLE 140 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 170
TABLE 141 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 170
TABLE 142 CHINA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 171
TABLE 143 CHINA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 171
TABLE 144 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 172
TABLE 145 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 172
TABLE 146 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 173
TABLE 147 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 173
9.4.2 JAPAN 174
9.4.2.1 Rising geriatric population in Japan to support market growth 174
TABLE 148 JAPAN: KEY MACROINDICATORS 174
TABLE 149 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 174
TABLE 150 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 175
TABLE 151 JAPAN: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 175
TABLE 152 JAPAN: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 176
TABLE 153 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 176
TABLE 154 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 177
TABLE 155 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 177
TABLE 156 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 178
9.4.3 INDIA 178
9.4.3.1 High incidence of infectious diseases in the country to drive the adoption of rapid microbiology testing products 178
TABLE 157 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 179
TABLE 158 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 179
TABLE 159 INDIA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 180
TABLE 160 INDIA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 180
TABLE 161 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 181
TABLE 162 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 181
TABLE 163 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 182
TABLE 164 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 182
9.4.4 REST OF ASIA PACIFIC 183
TABLE 165 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 183
TABLE 166 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 183
TABLE 167 ROAPAC: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 184
TABLE 168 ROAPAC: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 184
TABLE 169 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 185
TABLE 170 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 185
TABLE 171 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 186
TABLE 172 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 186
9.5 LATIN AMERICA 187
9.5.1 INCREASING PER CAPITA HEALTHCARE EXPENDITURE TO SUPPORT MARKET GROWTH 187
TABLE 173 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2016–2019 (USD MILLION) 187
TABLE 174 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2020–2026 (USD MILLION) 188
TABLE 175 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2016–2019 (USD MILLION) 188
TABLE 176 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2020–2026 (USD MILLION) 189
TABLE 177 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 189
TABLE 178 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 190
9.6 MIDDLE EAST & AFRICA 190
9.6.1 GOVERNMENT INITIATIVES TO IMPROVE HEALTHCARE INFRASTRUCTURE TO PROPEL MARKET GROWTH 190
TABLE 179 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY PRODUCT, 2016–2019 (USD MILLION) 191
TABLE 180 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY PRODUCT, 2020–2026 (USD MILLION) 191
TABLE 181 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY METHOD, 2016–2019 (USD MILLION) 192
TABLE 182 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY METHOD, 2020–2026 (USD MILLION) 192
TABLE 183 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY APPLICATION, 2016–2019 (USD MILLION) 193
TABLE 184 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY APPLICATION, 2020–2026 (USD MILLION) 193
10 COMPETITIVE LANDSCAPE 194
10.1 OVERVIEW 194
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 194
10.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN THE RAPID MICROBIOLOGY TESTING MARKET 194
TABLE 185 OVERVIEW OF STRATEGIES DEPLOYED BY KEY RAPID MICROBIOLOGY TESTING MANUFACTURING COMPANIES 195
10.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 196
FIGURE 26 REVENUE SHARE ANALYSIS OF THE TOP PLAYERS IN THE RAPID MICROBIOLOGY TESTING MARKET 196
10.4 MARKET SHARE ANALYSIS 197
FIGURE 27 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY KEY PLAYER (2020) 197
TABLE 186 RAPID MICROBIOLOGY TESTING MARKET: DEGREE OF COMPETITION 197
10.5 COMPANY EVALUATION QUADRANT 198
10.5.1 LIST OF EVALUATED VENDORS 198
10.5.2 STARS 198
10.5.3 EMERGING LEADERS 199
10.5.4 PERVASIVE PLAYERS 199
10.5.5 PARTICIPANTS 199
FIGURE 28 RAPID MICROBIOLOGY TESTING MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 199
10.6 COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES (2020) 200
10.6.1 PROGRESSIVE COMPANIES 200
10.6.2 STARTING BLOCKS 200
10.6.3 RESPONSIVE COMPANIES 200
10.6.4 DYNAMIC COMPANIES 200
FIGURE 29 RAPID MICROBIOLOGY TESTING MARKET: COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES, 2020 201
10.7 COMPETITIVE BENCHMARKING 202
FIGURE 30 PRODUCT AND GEOGRAPHICAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE RAPID MICROBIOLOGY TESTING MARKET 202
TABLE 187 COMPANY PRODUCT FOOTPRINT 202
TABLE 188 COMPANY GEOGRAPHICAL FOOTPRINT 203
10.8 COMPETITIVE SCENARIO 203
10.8.1 PRODUCT LAUNCHES & REGULATORY APPROVALS 203
TABLE 189 KEY PRODUCT LAUNCHES & REGULATORY APPROVALS 203
10.8.2 DEALS 204
TABLE 190 KEY DEALS 204
11 COMPANY PROFILES 206
11.1 KEY PLAYERS 206
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1.1 BIOMÉRIEUX SA 206
TABLE 191 BIOMÉRIEUX: BUSINESS OVERVIEW 206
FIGURE 31 BIOMÉRIEUX SA: COMPANY SNAPSHOT (2020) 207
11.1.2 DANAHER CORPORATION 212
TABLE 192 DANAHER CORPORATION: BUSINESS OVERVIEW 212
FIGURE 32 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 213
11.1.3 BECTON, DICKINSON AND COMPANY 217
TABLE 193 BECTON, DICKINSON AND COMPANY: BUSINESS OVERVIEW 217
FIGURE 33 BECTON, DICKINSON AND COMPANY: COMPANY SNAPSHOT (2020) 218
11.1.4 ABBOTT LABORATORIES 222
TABLE 194 ABBOTT LABORATORIES: BUSINESS OVERVIEW 222
FIGURE 34 ABBOTT LABORATORIES: COMPANY SNAPSHOT (2020) 223
11.1.5 THERMO FISHER SCIENTIFIC INC. 228
TABLE 195 THERMO FISHER SCIENTIFIC INC.: BUSINESS OVERVIEW 228
FIGURE 35 THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT (2020) 229
11.1.6 MERCK KGAA 232
TABLE 196 MERCK KGAA: BUSINESS OVERVIEW 232
FIGURE 36 MERCK KGAA: COMPANY SNAPSHOT (2020) 233
11.1.7 SARTORIUS AG 235
TABLE 197 SARTORIUS AG: BUSINESS OVERVIEW 235
FIGURE 37 SARTORIUS AG: COMPANY SNAPSHOT (2020) 235
11.1.8 BRUKER CORPORATION 237
TABLE 198 BRUKER CORPORATION: BUSINESS OVERVIEW 237
FIGURE 38 BRUKER CORPORATION: COMPANY SNAPSHOT (2020) 238
11.1.9 QUIDEL CORPORATION 241
TABLE 199 QUIDEL CORPORATION: BUSINESS OVERVIEW 241
FIGURE 39 QUIDEL CORPORATION: COMPANY SNAPSHOT (2020) 242
11.1.10 CHARLES RIVER LABORATORIES INTERNATIONAL, INC. 246
TABLE 200 CHARLES RIVER LABORATORIES INTERNATIONAL, INC.: BUSINESS OVERVIEW 246
FIGURE 40 CHARLES RIVER LABORATORIES INTERNATIONAL, INC.: COMPANY SNAPSHOT (2020) 247
11.1.11 NEOGEN CORPORATION 249
TABLE 201 NEOGEN CORPORATION: BUSINESS OVERVIEW 249
FIGURE 41 NEOGEN CORPORATION: COMPANY SNAPSHOT (2020) 250
11.2 OTHER PLAYERS 252
11.2.1 DON WHITLEY SCIENTIFIC 252
TABLE 202 DON WHITLEY SCIENTIFIC: BUSINESS OVERVIEW 252
11.2.2 RAPID MICRO BIOSYSTEMS 253
TABLE 203 RAPID MICRO BIOSYSTEMS: BUSINESS OVERVIEW 253
11.2.3 VIVIONE BIOSCIENCES, LLC 254
TABLE 204 VIVIONE BIOSCIENCES, LLC: BUSINESS OVERVIEW 254
11.2.4 GRADIENTECH 255
TABLE 205 GRADIENTECH: BUSINESS OVERVIEW 255
11.2.5 RQMICRO AG 256
TABLE 206 RQMICRO AG: BUSINESS OVERVIEW 256
11.2.6 BACTEST LTD. 257
TABLE 207 BACTEST LTD.: BUSINESS OVERVIEW 257
11.2.7 COLIFAST 258
TABLE 208 COLIFAST: BUSINESS OVERVIEW 258
11.2.8 SEROSEP LTD. 259
TABLE 209 SEROSEP LTD.: BUSINESS OVERVIEW 259
11.2.9 BIOSENSIA LTD. 260
TABLE 210 BIOSENSIA LTD.: BUSINESS OVERVIEW 260
11.2.10 SOLUS SCIENTIFIC SOLUTIONS LTD. 261
TABLE 211 SOLUS SCIENTIFIC SOLUTIONS LTD.: BUSINESS OVERVIEW 261
11.2.11 LUBIOSCIENCE GMBH 262
TABLE 212 LUBIOSCIENCE GMBH: BUSINESS OVERVIEW 262
11.2.12 EUROCLONE SPA 263
TABLE 213 EUROCLONE SPA: BUSINESS OVERVIEW 263
11.2.13 CORDX 264
TABLE 214 CORDX: BUSINESS OVERVIEW 264
11.2.14 R-BIOPHARM AG 267
TABLE 215 R-BIOPHARM AG: BUSINESS OVERVIEW 267
*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.
12 APPENDIX 269
12.1 INSIGHTS FROM INDUSTRY EXPERTS 269
12.2 DISCUSSION GUIDE 270
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 273
12.4 AVAILABLE CUSTOMIZATIONS 275
12.5 RELATED REPORTS 275
12.6 AUTHOR DETAILS 276
1 INTRODUCTION 36
1.1 OBJECTIVES OF THE STUDY 36
1.2 MARKET DEFINITION 36
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 37
1.2.2 MARKETS COVERED 38
FIGURE 1 RAPID MICROBIOLOGY TESTING MARKET SEGMENTATION 38
1.2.3 YEARS CONSIDERED FOR THE STUDY 39
1.3 CURRENCY 39
1.4 LIMITATIONS 39
1.5 STAKEHOLDERS 40
1.6 SUMMARY OF CHANGES 40
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
2.2 RESEARCH APPROACH 42
FIGURE 2 RAPID MICROBIOLOGY TESTING MARKET: RESEARCH DESIGN 42
2.2.1 SECONDARY DATA 43
2.2.1.1 Key data from secondary sources 43
2.2.2 PRIMARY DATA 44
2.2.2.1 Key data from primary sources 44
2.2.2.2 Key industry insights 45
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 46
2.3 MARKET SIZE ESTIMATION 46
2.3.1 BOTTOM-UP APPROACH 47
FIGURE 4 RAPID MICROBIOLOGY TESTING MARKET: BOTTOM-UP APPROACH 47
FIGURE 5 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 47
2.3.2 TOP-DOWN APPROACH 48
FIGURE 6 RAPID MICROBIOLOGY TESTING MARKET: TOP-DOWN APPROACH 48
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 49
FIGURE 7 DATA TRIANGULATION METHODOLOGY 49
2.5 ASSUMPTIONS FOR THE STUDY 50
2.6 GROWTH RATE ASSUMPTIONS 50
2.7 LIMITATIONS 51
2.8 RISK ASSESSMENT 51
2.9 COVID-19 HEALTH ASSESSMENT 52
2.10 COVID-19 ECONOMIC ASSESSMENT 52
2.11 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 52
FIGURE 8 CRITERIA IMPACTING THE GLOBAL ECONOMY 52
FIGURE 9 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 54
2.12 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE RAPID MICROBIOLOGY TESTING MARKET 55
3 EXECUTIVE SUMMARY 56
FIGURE 10 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 56
FIGURE 11 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2021 VS. 2026 (USD MILLION) 57
FIGURE 12 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 58
FIGURE 13 RAPID MICROBIOLOGY TESTING MARKET, BY REGION,
2021 VS. 2026 (USD MILLION) 59
4 PREMIUM INSIGHTS 60
4.1 RAPID MICROBIOLOGY TESTING MARKET OVERVIEW 60
FIGURE 14 RISING INCIDENCE OF INFECTIOUS DISEASES TO DRIVE MARKET GROWTH 60
4.2 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY PRODUCT, 2021 VS. 2026 61
FIGURE 15 INSTRUMENTS SEGMENT WILL CONTINUE TO DOMINATE
THE MARKET IN 2026 61
4.3 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY METHOD, 2021 VS. 2026 61
FIGURE 16 GROWTH-BASED RAPID MICROBIOLOGY TESTING SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 61
4.4 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY APPLICATION, 2021 VS. 2026 62
FIGURE 17 CLINICAL DISEASE DIAGNOSIS IS THE LARGEST APPLICATION SEGMENT OF RAPID MICROBIOLOGY TESTS 62
4.5 RAPID MICROBIOLOGY TESTING MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 63
FIGURE 18 ASIA PACIFIC TO REGISTER THE HIGHEST GROWTH RATE IN THE RAPID MICROBIOLOGY TESTING MARKET DURING THE FORECAST PERIOD 63
5 MARKET OVERVIEW 64
5.1 INTRODUCTION 64
5.2 MARKET DYNAMICS 64
FIGURE 19 RAPID MICROBIOLOGY TESTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 64
5.2.1 DRIVERS 65
5.2.1.1 Increasing incidence of infectious diseases and cancer 65
5.2.1.2 Technological advancements in rapid microbiology testing 65
5.2.1.3 Increased funding for R&D 66
5.2.1.4 Increased focus on the early detection of infectious diseases 66
5.2.2 RESTRAINTS 67
5.2.2.1 High capital investments and low cost-benefit ratio 67
5.2.2.2 Unfavorable regulatory and reimbursement scenarios 67
5.2.3 OPPORTUNITIES 67
5.2.3.1 Growth opportunities in emerging countries 67
5.2.4 CHALLENGES 68
5.2.4.1 Operational barriers 68
5.3 IMPACT OF COVID-19 ON THE RAPID MICROBIOLOGY TESTING MARKET 68
5.3.1 GLOBAL TREND IN THE SARS-COV-2 RAPID DIAGNOSTICS MARKET 68
5.4 PRICING ANALYSIS 69
TABLE 1 PRICES OF RAPID MICROBIOLOGY TESTS (2021) 69
5.5 PATENT ANALYSIS 70
5.6 TRADE ANALYSIS 70
5.6.1 TRADE ANALYSIS FOR DIAGNOSTIC AND LABORATORY REAGENTS 70
TABLE 2 IMPORT DATA FOR DIAGNOSTIC AND LABORATORY REAGENTS, BY COUNTRY, 2016–2020 (USD MILLION) 70
TABLE 3 EXPORT DATA FOR DIAGNOSTIC AND LABORATORY REAGENTS, BY COUNTRY, 2016–2020 (USD MILLION) 71
5.7 VALUE CHAIN ANALYSIS 71
FIGURE 20 MAJOR VALUE IS ADDED DURING THE MANUFACTURING & ASSEMBLY PHASES 71
5.8 SUPPLY CHAIN ANALYSIS 72
FIGURE 21 DISTRIBUTION—A STRATEGY PREFERRED BY PROMINENT COMPANIES 73
5.9 ECOSYSTEM ANALYSIS OF THE RAPID MICROBIOLOGY TESTING MARKET 73
FIGURE 22 RAPID MICROBIOLOGY TESTING MARKET: ECOSYSTEM ANALYSIS 73
5.10 PORTER’S FIVE FORCES ANALYSIS 75
TABLE 4 RAPID MICROBIOLOGY TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS 75
5.10.1 THREAT OF NEW ENTRANTS 75
5.10.2 THREAT OF SUBSTITUTES 75
5.10.3 BARGAINING POWER OF BUYERS 75
5.10.4 BARGAINING POWER OF SUPPLIERS 75
5.10.5 DEGREE OF COMPETITION 76
5.11 PESTLE ANALYSIS 76
5.12 REGULATORY LANDSCAPE 77
5.12.1 NORTH AMERICA 77
5.12.1.1 US 77
5.12.1.2 Canada 77
5.12.2 EUROPE 77
5.12.3 ASIA PACIFIC 77
5.12.3.1 Japan 77
5.12.3.2 India 78
5.12.3.3 China 78
5.12.4 LATIN AMERICA 78
5.12.4.1 Brazil 78
5.12.4.2 Mexico 78
5.12.5 MIDDLE EAST 79
5.12.6 AFRICA 79
5.13 TECHNOLOGY ANALYSIS 79
5.14 DISRUPTIVE TECHNOLOGIES IN THE RAPID MICROBIOLOGY TESTING MARKET 80
5.14.1 REVENUE SHIFT & REVENUE POCKETS FOR THE RAPID MICROBIOLOGY TESTING MARKET 80
FIGURE 23 REVENUE SHIFT FOR THE RAPID MICROBIOLOGY TESTING MARKET 80
6 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT 81
6.1 INTRODUCTION 82
TABLE 5 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 82
TABLE 6 RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 82
6.2 INSTRUMENTS 83
TABLE 7 KEY PRODUCTS IN THE RAPID MICROBIOLOGY INSTRUMENTS MARKET 83
TABLE 8 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2016–2019 (USD MILLION) 84
TABLE 9 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2020–2026 (USD MILLION) 84
TABLE 10 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY REGION,
2016–2019 (USD MILLION) 85
TABLE 11 RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY REGION,
2020–2026 (USD MILLION) 85
6.2.1 AUTOMATED MICROBIAL IDENTIFICATION & ANTIMICROBIAL SUSCEPTIBILITY TESTING SYSTEMS 86
6.2.1.1 Ease of use as compared to conventional identification processes is the major factor supporting the growth of this segment 86
TABLE 12 RAPID MICROBIOLOGY TESTING MARKET FOR AUTOMATED MICROBIAL IDENTIFICATION & ANTIMICROBIAL SUSCEPTIBILITY TESTING SYSTEMS,
BY REGION, 2016–2019 (USD MILLION) 86
TABLE 13 RAPID MICROBIOLOGY TESTING MARKET FOR AUTOMATED MICROBIAL IDENTIFICATION & ANTIMICROBIAL SUSCEPTIBILITY TESTING SYSTEMS,
BY REGION, 2020–2026 (USD MILLION) 87
6.2.2 MASS SPECTROMETERS 87
6.2.2.1 Mass spectrometry methods provide rapid results for microbial identification within a few minutes 87
TABLE 14 RAPID MICROBIOLOGY TESTING MARKET FOR MASS SPECTROMETERS,
BY REGION, 2016–2019 (USD MILLION) 88
TABLE 15 RAPID MICROBIOLOGY TESTING MARKET FOR MASS SPECTROMETERS,
BY REGION, 2020–2026 (USD MILLION) 88
6.2.3 BIOLUMINESCENCE & FLUORESCENCE-BASED DETECTION SYSTEMS 88
6.2.3.1 Unwanted detection of non-microbial ATP is one of the major disadvantages associated with this technique 88
TABLE 16 RAPID MICROBIOLOGY TESTING MARKET FOR BIOLUMINESCENCE & FLUORESCENCE-BASED DETECTION SYSTEMS, BY REGION,
2016–2019 (USD MILLION) 89
TABLE 17 RAPID MICROBIOLOGY TESTING MARKET FOR BIOLUMINESCENCE & FLUORESCENCE-BASED DETECTION SYSTEMS, BY REGION,
2020–2026 (USD MILLION) 89
6.2.4 PCR SYSTEMS 90
6.2.4.1 Standard PCR, real-time PCR, and qPCR are the common PCR techniques used for rapid microbial testing 90
TABLE 18 RAPID MICROBIOLOGY TESTING MARKET FOR PCR SYSTEMS, BY REGION, 2016–2019 (USD MILLION) 90
TABLE 19 RAPID MICROBIOLOGY TESTING MARKET FOR PCR SYSTEMS, BY REGION, 2020–2026 (USD MILLION) 91
6.2.5 CYTOMETERS 91
6.2.5.1 Ability to detect viable organisms to support market growth 91
TABLE 20 RAPID MICROBIOLOGY TESTING MARKET FOR CYTOMETERS, BY REGION, 2016–2019 (USD MILLION) 92
TABLE 21 RAPID MICROBIOLOGY TESTING MARKET FOR CYTOMETERS, BY REGION, 2020–2026 (USD MILLION) 92
6.2.6 ACTIVE AIR SAMPLERS 92
6.2.6.1 Rapid active air samplers are convenient and easy to use and offer more sensitive and complete results in real-time 92
TABLE 22 RAPID MICROBIOLOGY TESTING MARKET FOR ACTIVE AIR SAMPLERS,
BY REGION, 2016–2019 (USD MILLION) 93
TABLE 23 RAPID MICROBIOLOGY TESTING MARKET FOR ACTIVE AIR SAMPLERS,
BY REGION, 2020–2026 (USD MILLION) 93
6.2.7 OTHER INSTRUMENTS 94
TABLE 24 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER INSTRUMENTS,
BY REGION, 2016–2019 (USD MILLION) 94
TABLE 25 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER INSTRUMENTS,
BY REGION, 2020–2026 (USD MILLION) 95
6.3 REAGENTS & KITS 95
TABLE 26 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY TYPE,
2016–2019 (USD MILLION) 95
TABLE 27 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY TYPE,
2020–2026 (USD MILLION) 96
TABLE 28 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY REGION, 2016–2019 (USD MILLION) 96
TABLE 29 RAPID MICROBIOLOGY TESTING REAGENTS & KITS MARKET, BY REGION, 2020–2026 (USD MILLION) 97
6.3.1 STERILITY REAGENTS & KITS 97
6.3.1.1 Increasing adoption of BET assays to propel market growth 97
TABLE 30 RAPID MICROBIOLOGY TESTING MARKET FOR STERILITY TESTING REAGENTS & KITS, BY REGION, 2016–2019 (USD MILLION) 98
TABLE 31 RAPID MICROBIOLOGY TESTING MARKET FOR STERILITY TESTING REAGENTS & KITS, BY REGION, 2020–2026 (USD MILLION) 98
6.3.2 OTHER REAGENTS & KITS 98
TABLE 32 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER REAGENTS & KITS,
BY REGION, 2016–2019 (USD MILLION) 99
TABLE 33 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER REAGENTS & KITS,
BY REGION, 2020–2026 (USD MILLION) 99
6.4 CONSUMABLES 100
6.4.1 DEVELOPMENT OF AUTOMATED ZONE READERS AND DISPENSERS TO DRIVE MARKET GROWTH 100
TABLE 34 RAPID MICROBIOLOGY TESTING CONSUMABLES MARKET, BY REGION, 2016–2019 (USD MILLION) 100
TABLE 35 RAPID MICROBIOLOGY TESTING CONSUMABLES MARKET, BY REGION, 2020–2026 (USD MILLION) 101
7 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD 102
7.1 INTRODUCTION 103
TABLE 36 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 103
TABLE 37 RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 104
TABLE 38 TYPES OF TECHNOLOGIES USED IN VARIOUS RAPID MICROBIOLOGY TESTING METHODS 104
7.2 GROWTH-BASED RAPID MICROBIOLOGY TESTING 105
7.2.1 GROWTH-BASED RAPID MICROBIOLOGY TESTING IS THE LARGEST METHOD SEGMENT 105
TABLE 39 GROWTH-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2016–2019 (USD MILLION) 105
TABLE 40 GROWTH-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2020–2026 (USD MILLION) 106
7.3 CELLULAR COMPONENT-BASED RAPID MICROBIOLOGY TESTING 106
7.3.1 THIS METHOD OFFERS A HIGH LEVEL OF SENSITIVITY, ACCURACY, AND SPECIFICITY 106
TABLE 41 CELLULAR COMPONENT-BASED RAPID MICROBIOLOGY TESTING MARKET,
BY REGION, 2016–2019 (USD MILLION) 107
TABLE 42 CELLULAR COMPONENT-BASED RAPID MICROBIOLOGY TESTING MARKET,
BY REGION, 2020–2026 (USD MILLION) 107
7.4 NUCLEIC ACID-BASED RAPID MICROBIOLOGY TESTING 108
7.4.1 NUCLEIC ACID-BASED METHODS TO REGISTER THE HIGHEST GROWTH IN THE FORECAST PERIOD 108
TABLE 43 NUCLEIC ACID-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2016–2019 (USD MILLION) 108
TABLE 44 NUCLEIC ACID-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2020–2026 (USD MILLION) 109
7.5 VIABILITY-BASED RAPID MICROBIOLOGY TESTING 109
7.5.1 NEAR REAL-TIME DETECTION AND IMPROVED ACCURACY ARE SOME OF THE ADVANTAGES DRIVING THE ADOPTION OF THIS SEGMENT 109
TABLE 45 VIABILITY-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2016–2019 (USD MILLION) 110
TABLE 46 VIABILITY-BASED RAPID MICROBIOLOGY TESTING MARKET, BY REGION, 2020–2026 (USD MILLION) 110
7.6 OTHER RAPID MICROBIOLOGY TESTING METHODS 110
TABLE 47 OTHER RAPID MICROBIOLOGY TESTING METHODS MARKET, BY REGION, 2016–2019 (USD MILLION) 111
TABLE 48 OTHER RAPID MICROBIOLOGY TESTING METHODS MARKET, BY REGION, 2020–2026 (USD MILLION) 111
8 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION 112
8.1 INTRODUCTION 113
TABLE 49 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 113
TABLE 50 RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 114
8.2 CLINICAL DISEASE DIAGNOSIS 114
8.2.1 HIGH BURDEN OF INFECTIOUS DISEASES AND HAIS TO PROPEL MARKET GROWTH 114
TABLE 51 RAPID MICROBIOLOGY TESTING MARKET FOR CLINICAL DISEASE DIAGNOSIS, BY REGION, 2016–2019 (USD MILLION) 115
TABLE 52 RAPID MICROBIOLOGY TESTING MARKET FOR CLINICAL DISEASE DIAGNOSIS, BY REGION, 2020–2026 (USD MILLION) 115
8.3 FOOD & BEVERAGE TESTING 116
8.3.1 FOOD & BEVERAGE TESTING IS THE FASTEST-GROWING APPLICATION SEGMENT IN THE RAPID MICROBIOLOGY TESTING MARKET 116
TABLE 53 RAPID MICROBIOLOGY TESTING MARKET FOR FOOD & BEVERAGE TESTING, BY REGION, 2016–2019 (USD MILLION) 117
TABLE 54 RAPID MICROBIOLOGY TESTING MARKET FOR FOOD & BEVERAGE TESTING, BY REGION, 2020–2026 (USD MILLION) 117
8.4 PHARMACEUTICAL & BIOLOGICAL DRUG TESTING 117
8.4.1 IMPROVED REGULATORY SCENARIO FOR DRUG DEVELOPMENT TO SUPPORT MARKET GROWTH 117
TABLE 55 RAPID MICROBIOLOGY TESTING MARKET FOR PHARMACEUTICAL & BIOLOGICAL DRUG TESTING, BY REGION, 2016–2019 (USD MILLION) 118
TABLE 56 RAPID MICROBIOLOGY TESTING MARKET FOR PHARMACEUTICAL & BIOLOGICAL DRUG TESTING, BY REGION, 2020–2026 (USD MILLION) 119
8.5 ENVIRONMENTAL TESTING 119
8.5.1 GROWING FOCUS ON ENVIRONMENTAL MONITORING WILL BOOST THE GROWTH OF THIS SEGMENT 119
TABLE 57 RAPID MICROBIOLOGY TESTING MARKET FOR ENVIRONMENTAL TESTING,
BY REGION, 2016–2019 (USD MILLION) 120
TABLE 58 RAPID MICROBIOLOGY TESTING MARKET FOR ENVIRONMENTAL TESTING,
BY REGION, 2020–2026 (USD MILLION) 120
8.6 COSMETICS & PERSONAL CARE PRODUCTS TESTING 121
8.6.1 RAPID MICROBIOLOGY TESTING IS WIDELY USED IN THESE INDUSTRIES TO DETERMINE THE PRESENCE OF MICROBES IN THE MANUFACTURING PROCESS 121
TABLE 59 RAPID MICROBIOLOGY TESTING MARKET FOR COSMETICS & PERSONAL CARE PRODUCTS TESTING, BY REGION, 2016–2019 (USD MILLION) 122
TABLE 60 RAPID MICROBIOLOGY TESTING MARKET FOR COSMETICS & PERSONAL CARE PRODUCTS TESTING, BY REGION, 2020–2026 (USD MILLION) 122
8.7 RESEARCH APPLICATIONS 123
8.7.1 INCREASING USE OF MICROBIOLOGY TESTING SERVICES BY ACADEMIC & RESEARCH INSTITUTES TO DRIVE MARKET GROWTH 123
TABLE 61 RAPID MICROBIOLOGY TESTING MARKET FOR RESEARCH APPLICATIONS,
BY REGION, 2016–2019 (USD MILLION) 123
TABLE 62 RAPID MICROBIOLOGY TESTING MARKET FOR RESEARCH APPLICATIONS,
BY REGION, 2020–2026 (USD MILLION) 124
8.8 OTHER APPLICATIONS 124
TABLE 63 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER APPLICATIONS,
BY REGION, 2016–2019 (USD MILLION) 125
TABLE 64 RAPID MICROBIOLOGY TESTING MARKET FOR OTHER APPLICATIONS,
BY REGION, 2020–2026 (USD MILLION) 125
9 RAPID MICROBIOLOGY TESTING MARKET, BY REGION 126
9.1 INTRODUCTION 127
TABLE 65 RAPID MICROBIOLOGY TESTING MARKET, BY REGION,
2016–2019 (USD MILLION) 127
TABLE 66 RAPID MICROBIOLOGY TESTING MARKET, BY REGION,
2020–2026 (USD MILLION) 127
9.2 NORTH AMERICA 128
FIGURE 24 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET SNAPSHOT 128
TABLE 67 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 129
TABLE 68 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 129
TABLE 69 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2016–2019 (USD MILLION) 129
TABLE 70 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2020–2026 (USD MILLION) 130
TABLE 71 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2016–2019 (USD MILLION) 130
TABLE 72 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2020–2026 (USD MILLION) 131
TABLE 73 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 131
TABLE 74 NORTH AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 132
9.2.1 US 132
9.2.1.1 Adoption of technologically advanced products in the US to favor market growth 132
TABLE 75 US: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 133
TABLE 76 US: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 133
TABLE 77 US: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2016–2019 (USD MILLION) 134
TABLE 78 US: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2020–2026 (USD MILLION) 134
TABLE 79 US: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 135
TABLE 80 US: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 135
TABLE 81 US: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 136
TABLE 82 US: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 136
9.2.2 CANADA 137
9.2.2.1 Favorable environment for R&D and rising incidence of infectious diseases to drive the rapid microbiology testing market in Canada 137
TABLE 83 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 137
TABLE 84 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 138
TABLE 85 CANADA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 138
TABLE 86 CANADA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 139
TABLE 87 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 139
TABLE 88 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 140
TABLE 89 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 140
TABLE 90 CANADA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 141
9.3 EUROPE 141
TABLE 91 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY,
2016–2019 (USD MILLION) 142
TABLE 92 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY,
2020–2026 (USD MILLION) 142
TABLE 93 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 143
TABLE 94 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 143
TABLE 95 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 144
TABLE 96 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 144
TABLE 97 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 145
TABLE 98 EUROPE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 145
9.3.1 GERMANY 146
9.3.1.1 Germany is the largest & fastest-growing market for rapid microbiology testing in Europe 146
TABLE 99 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 146
TABLE 100 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 147
TABLE 101 GERMANY: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 147
TABLE 102 GERMANY: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 148
TABLE 103 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 148
TABLE 104 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 149
TABLE 105 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 149
TABLE 106 GERMANY: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 150
9.3.2 FRANCE 150
9.3.2.1 Rising R&D expenditure to drive market growth 150
TABLE 107 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 151
TABLE 108 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 151
TABLE 109 FRANCE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 152
TABLE 110 FRANCE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 152
TABLE 111 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 153
TABLE 112 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 153
TABLE 113 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 154
TABLE 114 FRANCE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 154
9.3.3 UK 155
9.3.3.1 Increasing investments and funding by the government to drive the market growth in the UK 155
TABLE 115 UK: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 155
TABLE 116 UK: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 156
TABLE 117 UK: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2016–2019 (USD MILLION) 156
TABLE 118 UK: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE,
2020–2026 (USD MILLION) 157
TABLE 119 UK: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 157
TABLE 120 UK: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 158
TABLE 121 UK: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 158
TABLE 122 UK: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 159
9.3.4 REST OF EUROPE 159
TABLE 123 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 159
TABLE 124 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 160
TABLE 125 ROE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 160
TABLE 126 ROE: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 161
TABLE 127 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 161
TABLE 128 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 162
TABLE 129 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 162
TABLE 130 ROE: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 163
9.4 ASIA PACIFIC 163
FIGURE 25 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET SNAPSHOT 164
TABLE 131 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 165
TABLE 132 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 165
TABLE 133 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2016–2019 (USD MILLION) 166
TABLE 134 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2020–2026 (USD MILLION) 166
TABLE 135 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 167
TABLE 136 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 167
TABLE 137 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 168
TABLE 138 ASIA PACIFIC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 168
9.4.1 CHINA 169
9.4.1.1 Increasing funding for R&D to drive market growth 169
TABLE 139 CHINA: KEY MACROINDICATORS 169
TABLE 140 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 170
TABLE 141 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 170
TABLE 142 CHINA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 171
TABLE 143 CHINA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 171
TABLE 144 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 172
TABLE 145 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 172
TABLE 146 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 173
TABLE 147 CHINA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 173
9.4.2 JAPAN 174
9.4.2.1 Rising geriatric population in Japan to support market growth 174
TABLE 148 JAPAN: KEY MACROINDICATORS 174
TABLE 149 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 174
TABLE 150 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 175
TABLE 151 JAPAN: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 175
TABLE 152 JAPAN: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 176
TABLE 153 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 176
TABLE 154 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 177
TABLE 155 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 177
TABLE 156 JAPAN: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 178
9.4.3 INDIA 178
9.4.3.1 High incidence of infectious diseases in the country to drive the adoption of rapid microbiology testing products 178
TABLE 157 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 179
TABLE 158 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 179
TABLE 159 INDIA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 180
TABLE 160 INDIA: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 180
TABLE 161 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 181
TABLE 162 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 181
TABLE 163 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 182
TABLE 164 INDIA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 182
9.4.4 REST OF ASIA PACIFIC 183
TABLE 165 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2016–2019 (USD MILLION) 183
TABLE 166 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT,
2020–2026 (USD MILLION) 183
TABLE 167 ROAPAC: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2016–2019 (USD MILLION) 184
TABLE 168 ROAPAC: RAPID MICROBIOLOGY TESTING INSTRUMENTS MARKET, BY TYPE, 2020–2026 (USD MILLION) 184
TABLE 169 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2016–2019 (USD MILLION) 185
TABLE 170 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD,
2020–2026 (USD MILLION) 185
TABLE 171 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2016–2019 (USD MILLION) 186
TABLE 172 ROAPAC: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION,
2020–2026 (USD MILLION) 186
9.5 LATIN AMERICA 187
9.5.1 INCREASING PER CAPITA HEALTHCARE EXPENDITURE TO SUPPORT MARKET GROWTH 187
TABLE 173 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2016–2019 (USD MILLION) 187
TABLE 174 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY PRODUCT, 2020–2026 (USD MILLION) 188
TABLE 175 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2016–2019 (USD MILLION) 188
TABLE 176 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY METHOD, 2020–2026 (USD MILLION) 189
TABLE 177 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2016–2019 (USD MILLION) 189
TABLE 178 LATIN AMERICA: RAPID MICROBIOLOGY TESTING MARKET, BY APPLICATION, 2020–2026 (USD MILLION) 190
9.6 MIDDLE EAST & AFRICA 190
9.6.1 GOVERNMENT INITIATIVES TO IMPROVE HEALTHCARE INFRASTRUCTURE TO PROPEL MARKET GROWTH 190
TABLE 179 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY PRODUCT, 2016–2019 (USD MILLION) 191
TABLE 180 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY PRODUCT, 2020–2026 (USD MILLION) 191
TABLE 181 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY METHOD, 2016–2019 (USD MILLION) 192
TABLE 182 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY METHOD, 2020–2026 (USD MILLION) 192
TABLE 183 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY APPLICATION, 2016–2019 (USD MILLION) 193
TABLE 184 MIDDLE EAST & AFRICA: RAPID MICROBIOLOGY TESTING MARKET,
BY APPLICATION, 2020–2026 (USD MILLION) 193
10 COMPETITIVE LANDSCAPE 194
10.1 OVERVIEW 194
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 194
10.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN THE RAPID MICROBIOLOGY TESTING MARKET 194
TABLE 185 OVERVIEW OF STRATEGIES DEPLOYED BY KEY RAPID MICROBIOLOGY TESTING MANUFACTURING COMPANIES 195
10.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 196
FIGURE 26 REVENUE SHARE ANALYSIS OF THE TOP PLAYERS IN THE RAPID MICROBIOLOGY TESTING MARKET 196
10.4 MARKET SHARE ANALYSIS 197
FIGURE 27 RAPID MICROBIOLOGY TESTING MARKET SHARE, BY KEY PLAYER (2020) 197
TABLE 186 RAPID MICROBIOLOGY TESTING MARKET: DEGREE OF COMPETITION 197
10.5 COMPANY EVALUATION QUADRANT 198
10.5.1 LIST OF EVALUATED VENDORS 198
10.5.2 STARS 198
10.5.3 EMERGING LEADERS 199
10.5.4 PERVASIVE PLAYERS 199
10.5.5 PARTICIPANTS 199
FIGURE 28 RAPID MICROBIOLOGY TESTING MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 199
10.6 COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES (2020) 200
10.6.1 PROGRESSIVE COMPANIES 200
10.6.2 STARTING BLOCKS 200
10.6.3 RESPONSIVE COMPANIES 200
10.6.4 DYNAMIC COMPANIES 200
FIGURE 29 RAPID MICROBIOLOGY TESTING MARKET: COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES, 2020 201
10.7 COMPETITIVE BENCHMARKING 202
FIGURE 30 PRODUCT AND GEOGRAPHICAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE RAPID MICROBIOLOGY TESTING MARKET 202
TABLE 187 COMPANY PRODUCT FOOTPRINT 202
TABLE 188 COMPANY GEOGRAPHICAL FOOTPRINT 203
10.8 COMPETITIVE SCENARIO 203
10.8.1 PRODUCT LAUNCHES & REGULATORY APPROVALS 203
TABLE 189 KEY PRODUCT LAUNCHES & REGULATORY APPROVALS 203
10.8.2 DEALS 204
TABLE 190 KEY DEALS 204
11 COMPANY PROFILES 206
11.1 KEY PLAYERS 206
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1.1 BIOMÉRIEUX SA 206
TABLE 191 BIOMÉRIEUX: BUSINESS OVERVIEW 206
FIGURE 31 BIOMÉRIEUX SA: COMPANY SNAPSHOT (2020) 207
11.1.2 DANAHER CORPORATION 212
TABLE 192 DANAHER CORPORATION: BUSINESS OVERVIEW 212
FIGURE 32 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 213
11.1.3 BECTON, DICKINSON AND COMPANY 217
TABLE 193 BECTON, DICKINSON AND COMPANY: BUSINESS OVERVIEW 217
FIGURE 33 BECTON, DICKINSON AND COMPANY: COMPANY SNAPSHOT (2020) 218
11.1.4 ABBOTT LABORATORIES 222
TABLE 194 ABBOTT LABORATORIES: BUSINESS OVERVIEW 222
FIGURE 34 ABBOTT LABORATORIES: COMPANY SNAPSHOT (2020) 223
11.1.5 THERMO FISHER SCIENTIFIC INC. 228
TABLE 195 THERMO FISHER SCIENTIFIC INC.: BUSINESS OVERVIEW 228
FIGURE 35 THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT (2020) 229
11.1.6 MERCK KGAA 232
TABLE 196 MERCK KGAA: BUSINESS OVERVIEW 232
FIGURE 36 MERCK KGAA: COMPANY SNAPSHOT (2020) 233
11.1.7 SARTORIUS AG 235
TABLE 197 SARTORIUS AG: BUSINESS OVERVIEW 235
FIGURE 37 SARTORIUS AG: COMPANY SNAPSHOT (2020) 235
11.1.8 BRUKER CORPORATION 237
TABLE 198 BRUKER CORPORATION: BUSINESS OVERVIEW 237
FIGURE 38 BRUKER CORPORATION: COMPANY SNAPSHOT (2020) 238
11.1.9 QUIDEL CORPORATION 241
TABLE 199 QUIDEL CORPORATION: BUSINESS OVERVIEW 241
FIGURE 39 QUIDEL CORPORATION: COMPANY SNAPSHOT (2020) 242
11.1.10 CHARLES RIVER LABORATORIES INTERNATIONAL, INC. 246
TABLE 200 CHARLES RIVER LABORATORIES INTERNATIONAL, INC.: BUSINESS OVERVIEW 246
FIGURE 40 CHARLES RIVER LABORATORIES INTERNATIONAL, INC.: COMPANY SNAPSHOT (2020) 247
11.1.11 NEOGEN CORPORATION 249
TABLE 201 NEOGEN CORPORATION: BUSINESS OVERVIEW 249
FIGURE 41 NEOGEN CORPORATION: COMPANY SNAPSHOT (2020) 250
11.2 OTHER PLAYERS 252
11.2.1 DON WHITLEY SCIENTIFIC 252
TABLE 202 DON WHITLEY SCIENTIFIC: BUSINESS OVERVIEW 252
11.2.2 RAPID MICRO BIOSYSTEMS 253
TABLE 203 RAPID MICRO BIOSYSTEMS: BUSINESS OVERVIEW 253
11.2.3 VIVIONE BIOSCIENCES, LLC 254
TABLE 204 VIVIONE BIOSCIENCES, LLC: BUSINESS OVERVIEW 254
11.2.4 GRADIENTECH 255
TABLE 205 GRADIENTECH: BUSINESS OVERVIEW 255
11.2.5 RQMICRO AG 256
TABLE 206 RQMICRO AG: BUSINESS OVERVIEW 256
11.2.6 BACTEST LTD. 257
TABLE 207 BACTEST LTD.: BUSINESS OVERVIEW 257
11.2.7 COLIFAST 258
TABLE 208 COLIFAST: BUSINESS OVERVIEW 258
11.2.8 SEROSEP LTD. 259
TABLE 209 SEROSEP LTD.: BUSINESS OVERVIEW 259
11.2.9 BIOSENSIA LTD. 260
TABLE 210 BIOSENSIA LTD.: BUSINESS OVERVIEW 260
11.2.10 SOLUS SCIENTIFIC SOLUTIONS LTD. 261
TABLE 211 SOLUS SCIENTIFIC SOLUTIONS LTD.: BUSINESS OVERVIEW 261
11.2.11 LUBIOSCIENCE GMBH 262
TABLE 212 LUBIOSCIENCE GMBH: BUSINESS OVERVIEW 262
11.2.12 EUROCLONE SPA 263
TABLE 213 EUROCLONE SPA: BUSINESS OVERVIEW 263
11.2.13 CORDX 264
TABLE 214 CORDX: BUSINESS OVERVIEW 264
11.2.14 R-BIOPHARM AG 267
TABLE 215 R-BIOPHARM AG: BUSINESS OVERVIEW 267
*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.
12 APPENDIX 269
12.1 INSIGHTS FROM INDUSTRY EXPERTS 269
12.2 DISCUSSION GUIDE 270
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 273
12.4 AVAILABLE CUSTOMIZATIONS 275
12.5 RELATED REPORTS 275
12.6 AUTHOR DETAILS 276
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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
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1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION & SCOPE 15
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 16
1.2.2 MARKET SEGMENTATION 16
FIGURE 1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET SEGMENTATION 16
1.2.3 YEARS CONSIDERED FOR THE STUDY 17
1.3 CURRENCY 17
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 17
1.4 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH APPROACH 19
FIGURE 2 RESEARCH DESIGN 19
2.1.1 SECONDARY RESEARCH 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY RESEARCH 21
FIGURE 3 PRIMARY SOURCES 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Insights from primary experts 23
2.1.2.3 Breakdown of primary interviews 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE (SUPPLY & DEMAND SIDE) AND DESIGNATION 24
2.2 MARKET SIZE ESTIMATION 25
FIGURE 5 MARKET SIZE APPROACH – REVENUE SHARE ANALYSIS 25
FIGURE 6 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 26
FIGURE 7 DEMAND-SIDE APPROACH 28
2.3 DATA TRIANGULATION 29
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
2.4 MARKET RANKING ANALYSIS 30
2.5 ASSUMPTIONS FOR THE STUDY 30
2.6 LIMITATIONS 31
2.6.1 METHODOLOGY-RELATED LIMITATIONS 31
2.6.2 SCOPE-RELATED LIMITATIONS 31
2.7 RISK ASSESSMENT 31
TABLE 2 RISK ASSESSMENT: US HEALTHCARE ENVIRONMENTAL SERVICES MARKET 31
3 EXECUTIVE SUMMARY 32
FIGURE 9 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 32
FIGURE 10 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET,
BY FACILITY TYPE, 2021 VS. 2026 (USD MILLION) 33
4 PREMIUM INSIGHTS 34
4.1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET OVERVIEW 34
FIGURE 11 STRINGENT REGULATORY GUIDELINES ON INFECTION CONTROL & PREVENTION METHODS IS A KEY FACTOR DRIVING THE MARKET GROWTH 34
4.2 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE AND FACILITY TYPE 35
FIGURE 12 JANITORIAL/CORE-CLEANING SERVICES ACCOUNTED FOR THE LARGEST SHARE OF THE US HEALTHCARE ENVIRONMENTAL SERVICES
MARKET IN 2020 35
4.3 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE (2021–2026) 36
FIGURE 13 ACUTE CARE FACILITIES TO DOMINATE THE US HEALTHCARE ENVIRONMENTAL SERVICES MARKET DURING THE FORECAST PERIOD 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 37
TABLE 3 MARKET DYNAMICS: HEALTHCARE ENVIRONMENTAL SERVICES MARKET 37
5.2.1 MARKET DRIVERS 38
5.2.1.1 Increasing prevalence of Hospital-acquired infections (HAIs) 38
5.2.1.2 Rising number of hospital admissions and surgeries 39
TABLE 4 US: PERCENTAGE INCREASE IN THE NUMBER OF SURGERIES PERFORMED 39
FIGURE 14 TOTAL ADMISSIONS IN ALL US HOSPITALS 40
FIGURE 15 TOTAL NUMBER OF HOSPITALS IN THE US 40
5.2.1.3 Shortage of in-house expertise and the rising need to reduce healthcare costs 41
5.2.1.4 Increasing outsourcing of cleaning services 41
5.2.2 MARKET RESTRAINTS 41
5.2.2.1 Healthcare facilities with an in-house EVS department 41
5.2.3 MARKET OPPORTUNITIES 42
5.2.3.1 Sustained acquisitions among strategic & financial buyers 42
TABLE 5 COMPANY ACQUISITIONS 42
5.2.4 MARKET CHALLENGES 42
5.2.4.1 Noncompliance with cleaning standards by EVS providers 42
5.3 INDUSTRY TRENDS 43
5.3.1 EMERGENCE OF NEW SURFACE DISINFECTANTS &
GREEN CLEANING PRODUCTS 43
5.3.2 DISINFECTION ROBOTS 44
5.3.3 MONITORING TOOLS FOR CLEANING QUALITY ASSESSMENT 44
5.4 TECHNOLOGY ANALYSIS 45
TABLE 6 TECHNOLOGY INNOVATION IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 45
5.5 PATENT ANALYSIS 45
5.5.1 PATENT PUBLICATION TRENDS FOR HEALTHCARE ENVIRONMENTAL SERVICES 46
FIGURE 16 PATENT PUBLICATION TRENDS (JANUARY 2011–DECEMBER 2021) 46
5.5.2 JURISDICTION AND TOP APPLICANT ANALYSIS 47
FIGURE 17 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 47
FIGURE 18 TOP APPLICANT COUNTRIES/REGIONS FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 48
TABLE 7 LIST OF PATENTS/PATENT APPLICATIONS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET, 2020–2021 48
5.6 IMPACT OF COVID-19 ON THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 50
6 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE 51
6.1 INTRODUCTION 52
TABLE 8 US: HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 52
6.2 JANITORIAL SERVICES/CORE-CLEANING SERVICES 52
6.2.1 MANDATORY REGULAR CLEANING AND DISINFECTION OF HEALTHCARE FACILITIES TO DRIVE THE MARKET GROWTH 52
6.3 INFECTION PREVENTION & CONTROL SERVICES 53
TABLE 9 US: INFECTION PREVENTION & CONTROL SERVICE MARKET, BY TYPE,
2019–2026 (USD MILLION) 53
6.3.1 SPECIALIZED CLEANING SERVICES 53
6.3.1.1 Rising adoption of specialized services to reduce HAIs to drive the market growth 53
6.3.2 INFECTION PREVENTION & CONTROL CONSULTATION SERVICES 53
6.3.2.1 The provision of customized environmental services specific
to a healthcare facility ensures market demand 53
6.4 ENHANCED CLEANING TECHNOLOGY 54
6.4.1 RISING DEMAND FOR ADVANCED CLEANING SOLUTIONS TO DRIVE THE SEGMENT GROWTH 54
TABLE 10 EXAMPLES OF COMPANIES PROVIDING TECHNOLOGY & INNOVATION IN HEALTHCARE EVS 54
6.5 FRONT-OF-HOUSE CLEANING AND BRAND EXPERIENCE 56
6.5.1 RISING AWARENESS TOWARDS A CLEAN AND SAFE ENVIRONMENT DURING PANDEMICS TO SUSTAIN THE MARKET GROWTH 56
6.6 OTHER SERVICES 56
7 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE 57
7.1 INTRODUCTION 58
FIGURE 19 STATES WITH THE HIGHEST NUMBER OF COVID-19 ADMISSIONS
(FEBRUARY 2022) 58
TABLE 11 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE, 2019–2026 (USD MILLION) 59
7.2 ACUTE-CARE FACILITIES 59
TABLE 12 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR ACUTE-CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 59
7.2.1 ACUTE HOSPITALS 60
7.2.1.1 Increasing hospital admissions due to COVID-19 and the rising prevalence of HAIs propel the market growth 60
FIGURE 20 NUMBER OF HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS
IN THE US (2020) 60
FIGURE 21 HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS IN THE US (2020) 61
FIGURE 22 HAIS REPORTED BY CRITICAL ACCESS HOSPITALS (CAHS) IN THE US (2018) 61
7.2.2 MILITARY TREATMENT FACILITY 61
7.2.2.1 The increasing number of military ambulatory health services & funding to drive the market growth 61
FIGURE 23 MILITARY HEALTH SYSTEMS FACILITIES IN THE US (2021) 62
7.2.3 CHILDREN’S HOSPITALS 62
7.2.3.1 Rising cases of COVID-19 and infection-related mortality rates among children drive the market growth 62
7.2.4 AMBULATORY SURGERY CENTERS (ASCS) 63
7.2.4.1 ASCs save time and reduce the risk of HAIS; key factor driving the market growth 63
FIGURE 24 US SURGERY CASES BY SETTING: ASC VS. HOPD (2005-2020) 64
7.2.5 ACADEMIC MEDICAL CENTERS (AMCS) 64
7.2.5.1 Healthcare capacity expansion during COVID-19 drives the adoption of healthcare environmental services in AMCs 64
7.3 POST-ACUTE CARE FACILITIES 64
TABLE 13 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR POST-ACUTE CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 65
7.3.1 LONG-TERM ACUTE HOSPITALS (LTACH) 65
7.3.1.1 Increasing risk of infection due to prolonged hospital stays to drive the market growth 65
7.3.2 SKILLED NURSING FACILITIES (SNF) 66
7.3.2.1 Increasing admissions of elderly people in skilled nursing facilities to drive the market growth 66
7.3.3 OTHER POST-ACUTE CARE FACILITIES 66
7.4 NON-ACUTE CARE FACILITIES 67
TABLE 14 US: ENVIRONMENTAL SERVICES MARKET FOR NON-ACUTE CARE SETTINGS, BY TYPE, 2019–2026 (USD MILLION) 67
7.4.1 PHYSICIAN’S OFFICES AND CLINICS 67
7.4.1.1 High patient traffic leads to continuous cleaning & maintenance to drive the market growth 67
7.4.2 OTHER NON-ACUTE CARE FACILITIES 68
FIGURE 25 DISTRIBUTION OF INDUSTRY MEDICAL AND HEALTH R&D INVESTMENTS,
BY SEGMENT (2020) 68
8 COMPETITIVE LANDSCAPE 70
8.1 OVERVIEW 70
8.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 70
8.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 71
8.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 72
8.4 MARKET RANKING ANALYSIS 73
FIGURE 27 US HEALTHCARE ENVIRONMENTAL SERVICE MARKET RANKING,
BY KEY PLAYER, 2020 73
8.5 COMPETITIVE BENCHMARKING 75
TABLE 15 FOOTPRINT OF COMPANIES IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 75
TABLE 16 SERVICE FOOTPRINT OF COMPANIES 76
TABLE 17 END-USER FOOTPRINT OF COMPANIES 77
8.6 COMPETITIVE LEADERSHIP MAPPING 77
8.6.1 STARS 78
8.6.2 EMERGING LEADERS 78
8.6.3 PERVASIVE PLAYERS 78
8.6.4 PARTICIPANTS 78
FIGURE 28 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET:
COMPETITIVE LEADERSHIP MAPPING (2021) 79
8.7 COMPETITIVE SCENARIO 80
8.7.1 SERVICE APPROVALS/ENHANCEMENTS 80
8.7.2 DEALS 81
TABLE 19 DEALS, 2018–2022 81
8.7.3 OTHER DEVELOPMENTS 82
9 COMPANY PROFILES 83
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
9.1 SODEXO GLOBAL 83
TABLE 21 SODEXO GLOBAL: BUSINESS OVERVIEW 83
FIGURE 29 SODEXO GLOBAL: COMPANY SNAPSHOT (2021) 84
9.2 COMPASS GROUP (CROTHALL HEALTHCARE (US)) 87
TABLE 22 COMPASS GROUP: BUSINESS OVERVIEW 87
FIGURE 30 COMPASS GROUP: COMPANY SNAPSHOT (2021) 88
9.3 ARAMARK CORPORATION 90
TABLE 23 ARAMARK CORPORATION: BUSINESS OVERVIEW 90
FIGURE 31 ARAMARK CORPORATION: COMPANY SNAPSHOT (2021) 91
9.4 HOSPITAL HOUSEKEEPING SYSTEMS (HHS) (US) 94
TABLE 24 HOSPITAL HOUSEKEEPING SYSTEMS (HHS): BUSINESS OVERVIEW 94
9.5 HEALTHCARE SERVICES GROUP, INC. 97
TABLE 25 HEALTHCARE SERVICES GROUP, INC.: BUSINESS OVERVIEW 97
FIGURE 32 HEALTHCARE SERVICES GROUP: COMPANY SNAPSHOT (2020) 98
9.6 ABM INDUSTRIES INCORPORATED 100
TABLE 26 ABM INDUSTRIES INCORPORATED: BUSINESS OVERVIEW 100
FIGURE 33 ABM INDUSTRIES INCORPORATED: COMPANY SNAPSHOT (2020) 101
9.7 OCTOCLEAN 103
TABLE 27 OCTOCLEAN: BUSINESS OVERVIEW 103
9.8 SERVICEMASTER CLEAN (SERVICEMASTER TBS) 105
TABLE 28 SERVICEMASTER CLEAN.: BUSINESS OVERVIEW 105
9.9 CORVUS JANITORIAL SYSTEMS 107
TABLE 29 CORVUS JANITORIAL SYSTEMS: BUSINESS OVERVIEW 107
9.10 BRAVO! BUILDING SERVICES 109
TABLE 30 BRAVO! BUILDING SERVICES: BUSINESS OVERVIEW 109
9.11 POWERLINK ENVIRONMENTAL SERVICES, LLC 111
TABLE 31 POWERLINK ENVIRONMENTAL SERVICES, LLC: BUSINESS OVERVIEW 111
9.12 JANI-KING INTERNATIONAL, INC. 112
TABLE 32 JANI- KING INTERNATIONAL, INC: BUSINESS OVERVIEW 112
9.13 AVI FOOD SYSTEMS(US) 114
TABLE 33 AVI FOOD SYTEMS, INC.: BUSINESS OVERVIEW 114
9.14 SERVICON 115
TABLE 34 SERVICON: BUSINESS OVERVIEW 115
9.15 XANITOS, INC. 117
TABLE 35 XANITOS, INC.: BUSINESS OVERVIEW 117
9.16 STATHAKIS 119
TABLE 36 STATHAKIS: BUSINESS OVERVIEW 119
*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.
10 APPENDIX 120
10.1 INSIGHTS FROM INDUSTRY EXPERTS 120
10.2 DISCUSSION GUIDE 121
10.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 124
10.4 AVAILABLE CUSTOMIZATIONS 126
10.5 RELATED REPORTS 126
10.6 AUTHOR DETAILS 127
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION & SCOPE 15
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 16
1.2.2 MARKET SEGMENTATION 16
FIGURE 1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET SEGMENTATION 16
1.2.3 YEARS CONSIDERED FOR THE STUDY 17
1.3 CURRENCY 17
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 17
1.4 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH APPROACH 19
FIGURE 2 RESEARCH DESIGN 19
2.1.1 SECONDARY RESEARCH 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY RESEARCH 21
FIGURE 3 PRIMARY SOURCES 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Insights from primary experts 23
2.1.2.3 Breakdown of primary interviews 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE (SUPPLY & DEMAND SIDE) AND DESIGNATION 24
2.2 MARKET SIZE ESTIMATION 25
FIGURE 5 MARKET SIZE APPROACH – REVENUE SHARE ANALYSIS 25
FIGURE 6 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 26
FIGURE 7 DEMAND-SIDE APPROACH 28
2.3 DATA TRIANGULATION 29
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
2.4 MARKET RANKING ANALYSIS 30
2.5 ASSUMPTIONS FOR THE STUDY 30
2.6 LIMITATIONS 31
2.6.1 METHODOLOGY-RELATED LIMITATIONS 31
2.6.2 SCOPE-RELATED LIMITATIONS 31
2.7 RISK ASSESSMENT 31
TABLE 2 RISK ASSESSMENT: US HEALTHCARE ENVIRONMENTAL SERVICES MARKET 31
3 EXECUTIVE SUMMARY 32
FIGURE 9 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 32
FIGURE 10 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET,
BY FACILITY TYPE, 2021 VS. 2026 (USD MILLION) 33
4 PREMIUM INSIGHTS 34
4.1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET OVERVIEW 34
FIGURE 11 STRINGENT REGULATORY GUIDELINES ON INFECTION CONTROL & PREVENTION METHODS IS A KEY FACTOR DRIVING THE MARKET GROWTH 34
4.2 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE AND FACILITY TYPE 35
FIGURE 12 JANITORIAL/CORE-CLEANING SERVICES ACCOUNTED FOR THE LARGEST SHARE OF THE US HEALTHCARE ENVIRONMENTAL SERVICES
MARKET IN 2020 35
4.3 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE (2021–2026) 36
FIGURE 13 ACUTE CARE FACILITIES TO DOMINATE THE US HEALTHCARE ENVIRONMENTAL SERVICES MARKET DURING THE FORECAST PERIOD 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 37
TABLE 3 MARKET DYNAMICS: HEALTHCARE ENVIRONMENTAL SERVICES MARKET 37
5.2.1 MARKET DRIVERS 38
5.2.1.1 Increasing prevalence of Hospital-acquired infections (HAIs) 38
5.2.1.2 Rising number of hospital admissions and surgeries 39
TABLE 4 US: PERCENTAGE INCREASE IN THE NUMBER OF SURGERIES PERFORMED 39
FIGURE 14 TOTAL ADMISSIONS IN ALL US HOSPITALS 40
FIGURE 15 TOTAL NUMBER OF HOSPITALS IN THE US 40
5.2.1.3 Shortage of in-house expertise and the rising need to reduce healthcare costs 41
5.2.1.4 Increasing outsourcing of cleaning services 41
5.2.2 MARKET RESTRAINTS 41
5.2.2.1 Healthcare facilities with an in-house EVS department 41
5.2.3 MARKET OPPORTUNITIES 42
5.2.3.1 Sustained acquisitions among strategic & financial buyers 42
TABLE 5 COMPANY ACQUISITIONS 42
5.2.4 MARKET CHALLENGES 42
5.2.4.1 Noncompliance with cleaning standards by EVS providers 42
5.3 INDUSTRY TRENDS 43
5.3.1 EMERGENCE OF NEW SURFACE DISINFECTANTS &
GREEN CLEANING PRODUCTS 43
5.3.2 DISINFECTION ROBOTS 44
5.3.3 MONITORING TOOLS FOR CLEANING QUALITY ASSESSMENT 44
5.4 TECHNOLOGY ANALYSIS 45
TABLE 6 TECHNOLOGY INNOVATION IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 45
5.5 PATENT ANALYSIS 45
5.5.1 PATENT PUBLICATION TRENDS FOR HEALTHCARE ENVIRONMENTAL SERVICES 46
FIGURE 16 PATENT PUBLICATION TRENDS (JANUARY 2011–DECEMBER 2021) 46
5.5.2 JURISDICTION AND TOP APPLICANT ANALYSIS 47
FIGURE 17 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 47
FIGURE 18 TOP APPLICANT COUNTRIES/REGIONS FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 48
TABLE 7 LIST OF PATENTS/PATENT APPLICATIONS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET, 2020–2021 48
5.6 IMPACT OF COVID-19 ON THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 50
6 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE 51
6.1 INTRODUCTION 52
TABLE 8 US: HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 52
6.2 JANITORIAL SERVICES/CORE-CLEANING SERVICES 52
6.2.1 MANDATORY REGULAR CLEANING AND DISINFECTION OF HEALTHCARE FACILITIES TO DRIVE THE MARKET GROWTH 52
6.3 INFECTION PREVENTION & CONTROL SERVICES 53
TABLE 9 US: INFECTION PREVENTION & CONTROL SERVICE MARKET, BY TYPE,
2019–2026 (USD MILLION) 53
6.3.1 SPECIALIZED CLEANING SERVICES 53
6.3.1.1 Rising adoption of specialized services to reduce HAIs to drive the market growth 53
6.3.2 INFECTION PREVENTION & CONTROL CONSULTATION SERVICES 53
6.3.2.1 The provision of customized environmental services specific
to a healthcare facility ensures market demand 53
6.4 ENHANCED CLEANING TECHNOLOGY 54
6.4.1 RISING DEMAND FOR ADVANCED CLEANING SOLUTIONS TO DRIVE THE SEGMENT GROWTH 54
TABLE 10 EXAMPLES OF COMPANIES PROVIDING TECHNOLOGY & INNOVATION IN HEALTHCARE EVS 54
6.5 FRONT-OF-HOUSE CLEANING AND BRAND EXPERIENCE 56
6.5.1 RISING AWARENESS TOWARDS A CLEAN AND SAFE ENVIRONMENT DURING PANDEMICS TO SUSTAIN THE MARKET GROWTH 56
6.6 OTHER SERVICES 56
7 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE 57
7.1 INTRODUCTION 58
FIGURE 19 STATES WITH THE HIGHEST NUMBER OF COVID-19 ADMISSIONS
(FEBRUARY 2022) 58
TABLE 11 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE, 2019–2026 (USD MILLION) 59
7.2 ACUTE-CARE FACILITIES 59
TABLE 12 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR ACUTE-CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 59
7.2.1 ACUTE HOSPITALS 60
7.2.1.1 Increasing hospital admissions due to COVID-19 and the rising prevalence of HAIs propel the market growth 60
FIGURE 20 NUMBER OF HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS
IN THE US (2020) 60
FIGURE 21 HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS IN THE US (2020) 61
FIGURE 22 HAIS REPORTED BY CRITICAL ACCESS HOSPITALS (CAHS) IN THE US (2018) 61
7.2.2 MILITARY TREATMENT FACILITY 61
7.2.2.1 The increasing number of military ambulatory health services & funding to drive the market growth 61
FIGURE 23 MILITARY HEALTH SYSTEMS FACILITIES IN THE US (2021) 62
7.2.3 CHILDREN’S HOSPITALS 62
7.2.3.1 Rising cases of COVID-19 and infection-related mortality rates among children drive the market growth 62
7.2.4 AMBULATORY SURGERY CENTERS (ASCS) 63
7.2.4.1 ASCs save time and reduce the risk of HAIS; key factor driving the market growth 63
FIGURE 24 US SURGERY CASES BY SETTING: ASC VS. HOPD (2005-2020) 64
7.2.5 ACADEMIC MEDICAL CENTERS (AMCS) 64
7.2.5.1 Healthcare capacity expansion during COVID-19 drives the adoption of healthcare environmental services in AMCs 64
7.3 POST-ACUTE CARE FACILITIES 64
TABLE 13 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR POST-ACUTE CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 65
7.3.1 LONG-TERM ACUTE HOSPITALS (LTACH) 65
7.3.1.1 Increasing risk of infection due to prolonged hospital stays to drive the market growth 65
7.3.2 SKILLED NURSING FACILITIES (SNF) 66
7.3.2.1 Increasing admissions of elderly people in skilled nursing facilities to drive the market growth 66
7.3.3 OTHER POST-ACUTE CARE FACILITIES 66
7.4 NON-ACUTE CARE FACILITIES 67
TABLE 14 US: ENVIRONMENTAL SERVICES MARKET FOR NON-ACUTE CARE SETTINGS, BY TYPE, 2019–2026 (USD MILLION) 67
7.4.1 PHYSICIAN’S OFFICES AND CLINICS 67
7.4.1.1 High patient traffic leads to continuous cleaning & maintenance to drive the market growth 67
7.4.2 OTHER NON-ACUTE CARE FACILITIES 68
FIGURE 25 DISTRIBUTION OF INDUSTRY MEDICAL AND HEALTH R&D INVESTMENTS,
BY SEGMENT (2020) 68
8 COMPETITIVE LANDSCAPE 70
8.1 OVERVIEW 70
8.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 70
8.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 71
8.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 72
8.4 MARKET RANKING ANALYSIS 73
FIGURE 27 US HEALTHCARE ENVIRONMENTAL SERVICE MARKET RANKING,
BY KEY PLAYER, 2020 73
8.5 COMPETITIVE BENCHMARKING 75
TABLE 15 FOOTPRINT OF COMPANIES IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 75
TABLE 16 SERVICE FOOTPRINT OF COMPANIES 76
TABLE 17 END-USER FOOTPRINT OF COMPANIES 77
8.6 COMPETITIVE LEADERSHIP MAPPING 77
8.6.1 STARS 78
8.6.2 EMERGING LEADERS 78
8.6.3 PERVASIVE PLAYERS 78
8.6.4 PARTICIPANTS 78
FIGURE 28 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET:
COMPETITIVE LEADERSHIP MAPPING (2021) 79
8.7 COMPETITIVE SCENARIO 80
8.7.1 SERVICE APPROVALS/ENHANCEMENTS 80
8.7.2 DEALS 81
TABLE 19 DEALS, 2018–2022 81
8.7.3 OTHER DEVELOPMENTS 82
9 COMPANY PROFILES 83
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
9.1 SODEXO GLOBAL 83
TABLE 21 SODEXO GLOBAL: BUSINESS OVERVIEW 83
FIGURE 29 SODEXO GLOBAL: COMPANY SNAPSHOT (2021) 84
9.2 COMPASS GROUP (CROTHALL HEALTHCARE (US)) 87
TABLE 22 COMPASS GROUP: BUSINESS OVERVIEW 87
FIGURE 30 COMPASS GROUP: COMPANY SNAPSHOT (2021) 88
9.3 ARAMARK CORPORATION 90
TABLE 23 ARAMARK CORPORATION: BUSINESS OVERVIEW 90
FIGURE 31 ARAMARK CORPORATION: COMPANY SNAPSHOT (2021) 91
9.4 HOSPITAL HOUSEKEEPING SYSTEMS (HHS) (US) 94
TABLE 24 HOSPITAL HOUSEKEEPING SYSTEMS (HHS): BUSINESS OVERVIEW 94
9.5 HEALTHCARE SERVICES GROUP, INC. 97
TABLE 25 HEALTHCARE SERVICES GROUP, INC.: BUSINESS OVERVIEW 97
FIGURE 32 HEALTHCARE SERVICES GROUP: COMPANY SNAPSHOT (2020) 98
9.6 ABM INDUSTRIES INCORPORATED 100
TABLE 26 ABM INDUSTRIES INCORPORATED: BUSINESS OVERVIEW 100
FIGURE 33 ABM INDUSTRIES INCORPORATED: COMPANY SNAPSHOT (2020) 101
9.7 OCTOCLEAN 103
TABLE 27 OCTOCLEAN: BUSINESS OVERVIEW 103
9.8 SERVICEMASTER CLEAN (SERVICEMASTER TBS) 105
TABLE 28 SERVICEMASTER CLEAN.: BUSINESS OVERVIEW 105
9.9 CORVUS JANITORIAL SYSTEMS 107
TABLE 29 CORVUS JANITORIAL SYSTEMS: BUSINESS OVERVIEW 107
9.10 BRAVO! BUILDING SERVICES 109
TABLE 30 BRAVO! BUILDING SERVICES: BUSINESS OVERVIEW 109
9.11 POWERLINK ENVIRONMENTAL SERVICES, LLC 111
TABLE 31 POWERLINK ENVIRONMENTAL SERVICES, LLC: BUSINESS OVERVIEW 111
9.12 JANI-KING INTERNATIONAL, INC. 112
TABLE 32 JANI- KING INTERNATIONAL, INC: BUSINESS OVERVIEW 112
9.13 AVI FOOD SYSTEMS(US) 114
TABLE 33 AVI FOOD SYTEMS, INC.: BUSINESS OVERVIEW 114
9.14 SERVICON 115
TABLE 34 SERVICON: BUSINESS OVERVIEW 115
9.15 XANITOS, INC. 117
TABLE 35 XANITOS, INC.: BUSINESS OVERVIEW 117
9.16 STATHAKIS 119
TABLE 36 STATHAKIS: BUSINESS OVERVIEW 119
*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.
10 APPENDIX 120
10.1 INSIGHTS FROM INDUSTRY EXPERTS 120
10.2 DISCUSSION GUIDE 121
10.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 124
10.4 AVAILABLE CUSTOMIZATIONS 126
10.5 RELATED REPORTS 126
10.6 AUTHOR DETAILS 127
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