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1 INTRODUCTION 57
1.1 STUDY OBJECTIVES 57
1.2 MARKET DEFINITION 58
1.2.1 INCLUSIONS AND EXCLUSIONS 58
1.3 MARKET SCOPE 59
1.3.1 MARKETS COVERED 59
FIGURE 1 ENDOSCOPY EQUIPMENT MARKET SEGMENTATION 59
FIGURE 2 ENDOSCOPY EQUIPMENT MARKET, BY REGION 59
1.4 YEARS CONSIDERED 60
1.5 CURRENCY 60
TABLE 1 STANDARD CURRENCY CONVERSION RATES 60
1.6 LIMITATIONS 61
1.7 STAKEHOLDERS 61
1.8 SUMMARY OF CHANGES 61
2 RESEARCH METHODOLOGY 63
2.1 RESEARCH DATA 63
FIGURE 3 RESEARCH DESIGN 63
2.1.1 SECONDARY DATA 64
2.1.1.1 Key data from secondary sources 65
2.1.2 PRIMARY DATA 66
FIGURE 4 PRIMARY SOURCES 66
2.1.2.1 Key data from primary sources 67
2.1.2.2 Key industry insights 68
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS (ENDOSCOPY EQUIPMENT MARKET MARKET) 68
FIGURE 6 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION 69
2.2 MARKET SIZE ESTIMATION 69
FIGURE 7 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 70
FIGURE 8 REVENUE SHARE ANALYSIS ILLUSTRATION: OLYMPUS CORPORATION 70
FIGURE 9 SUPPLY-SIDE MARKET SIZE ESTIMATION: ENDOSCOPY
EQUIPMENT MARKET (2020) 71
FIGURE 10 CAGR PROJECTIONS FROM ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR ENDOSCOPY
EQUIPMENT MARKET (2021–2026) 72
FIGURE 11 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 73
FIGURE 12 TOP-DOWN APPROACH 74
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 74
FIGURE 13 DATA TRIANGULATION METHODOLOGY 75
2.4 MARKET SHARE ESTIMATION 76
2.5 STUDY ASSUMPTIONS 76
2.6 LIMITATIONS 77
2.6.1 METHODOLOGY-RELATED LIMITATIONS 77
2.7 RISK ASSESSMENT 77
2.8 ASSESSMENT OF IMPACT OF COVID-19 ON ENDOSCOPY EQUIPMENT MARKET 78
3 EXECUTIVE SUMMARY 79
FIGURE 14 ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 79
FIGURE 15 ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 80
FIGURE 16 ENDOSCOPY EQUIPMENT MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 80
FIGURE 17 GEOGRAPHIC SNAPSHOT OF ENDOSCOPY EQUIPMENT MARKET 81
4 PREMIUM INSIGHTS 82
4.1 ENDOSCOPY EQUIPMENT MARKET OVERVIEW 82
FIGURE 18 INCREASING DEMAND FOR ENDOSCOPY & ONGOING TECHNOLOGICAL ADVANCES IN ENDOSCOPY TECHNOLOGY DRIVE ENDOSCOPY EQUIPMENT MARKET GROWTH 82
4.2 NORTH AMERICA: ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT AND COUNTRY 83
FIGURE 19 ENDOSCOPES HELD LARGEST SHARE OF NORTH AMERICAN MARKET
IN 2020 83
4.3 ENDOSCOPY EQUIPMENT MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 84
FIGURE 20 MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 84
4.4 ENDOSCOPY EQUIPMENT MARKET: REGIONAL MIX 85
FIGURE 21 NORTH AMERICA WOULD BE LARGEST MARKET FOR ENDOSCOPY EQUIPMENT THROUGHOUT FORECAST PERIOD 85
5 MARKET OVERVIEW 86
5.1 INTRODUCTION 86
5.2 MARKET DYNAMICS 86
FIGURE 22 ENDOSCOPY EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 86
5.2.1 DRIVERS 87
5.2.1.1 Surging requirement for endoscopy to diagnose and treat target diseases 87
5.2.1.2 Increasing investments, funds, and grants by governments and other organizations worldwide to improve healthcare infrastructure and research areas of endoscopy 87
TABLE 2 MAJOR DEVELOPMENTS 88
5.2.1.3 Growing focus of hospitals, especially in developed countries, to invest in purchasing technologically advanced endoscopy instruments and expanding endoscopy units 88
TABLE 3 EXAMPLES OF INVESTMENTS BY HOSPITALS IN ENDOSCOPY INSTRUMENTS 89
5.2.1.4 Ongoing advancements in endoscopic technologies to ensure patient safety and achieve more accurate, precise, and reliable diagnoses and treatments 89
5.2.1.5 Rising incidence of IBD and CRC that require endoscopy procedures 90
5.2.1.6 Increasing preference for minimally invasive surgeries 90
5.2.1.7 Escalating adoption of single-use endoscopy instruments to prevent spread of infectious diseases and offer increased efficiency and safety 90
5.2.1.8 Rising focus of medical specialists and healthcare providers on shifting from manual to automated endoscopy reprocessing 91
5.2.2 RESTRAINTS 91
5.2.2.1 Unfavorable healthcare reforms in US 91
5.2.2.2 High overhead costs of endoscopy procedures, coupled with limited reimbursement in developing countries 91
5.2.2.3 High risk of COVID-19 transmission during endoscopic procedures 92
5.2.3 OPPORTUNITIES 92
5.2.3.1 Booming healthcare sector in emerging economies 92
5.2.4 CHALLENGES 92
5.2.4.1 Product recalls witnessed by major market players 92
TABLE 4 LIST OF PRODUCT RECALLS 93
5.2.4.2 Infections caused by some endoscopy products offered by giant companies 93
5.2.4.3 Shortage of trained physicians and endoscopists 94
6 INDUSTRY INSIGHT 95
6.1 TECHNOLOGY ANALYSIS 95
6.1.1 INCREMENTAL COST OF REPAIR AND REPROCESSING OF REUSABLE ENDOSCOPES 95
TABLE 5 ADVANTAGES OF DISPOSABLE OR SINGLE-USE ENDOSCOPES OVER REUSABLE ENDOSCOPES 96
6.1.2 GROWTH IN ROBOTIC SURGERY MARKET 96
TABLE 6 ROBOT-ASSISTED ENDOSCOPE PLATFORM 97
6.2 PRICING ANALYSIS 98
TABLE 7 AVERAGE SELLING PRICE OF RIGID VS. FLEXIBLE HD AND NON-HD ENDOSCOPY DEVICES (USD) 98
6.3 VALUE CHAIN ANALYSIS 99
FIGURE 23 VALUE CHAIN ANALYSIS: MAXIMUM VALUE IS ADDED DURING MANUFACTURING PHASE 99
6.4 ECOSYSTEM MAPPING 100
FIGURE 24 ENDOSCOPY EQUIPMENT MARKET: ECOSYSTEM ANALYSIS 100
6.5 SUPPLY CHAIN ANALYSIS 101
FIGURE 25 ENDOSCOPY EQUIPMENT MARKET: STAKEHOLDERS IN SUPPLY CHAIN 102
6.6 PORTER’S FIVE FORCES ANALYSIS 102
TABLE 8 ENDOSCOPY EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 102
6.6.1 THREAT OF NEW ENTRANTS 103
6.6.1.1 High capital requirement 103
6.6.1.2 High preference for products from well-established brands 103
6.6.2 THREAT OF SUBSTITUTES 103
6.6.2.1 Substitute therapies for endoscopic procedure 103
6.6.3 BARGAINING POWER OF SUPPLIERS 103
6.6.3.1 Presence of several raw material suppliers 104
6.6.3.2 Supplier switching cost 104
6.6.4 BARGAINING POWER OF BUYERS 104
6.6.4.1 Few companies offering premium products at global level 104
6.6.5 INTENSITY OF COMPETITIVE RIVALRY 104
6.6.5.1 Increasing demand for high-quality and innovative products 104
6.6.5.2 Lucrative growth potential in emerging markets 104
6.7 REGULATORY ANALYSIS 105
6.8 PATENT ANALYSIS 105
6.8.1 PATENT PUBLICATION TRENDS FOR ENDOSCOPY EQUIPMENT 105
FIGURE 26 GLOBAL PATENT PUBLICATION TRENDS IN ENDOSCOPY EQUIPMENT MARKET, 2015–2020 106
6.8.2 TOP APPLICANTS (COMPANIES) OF ENDOSCOPY EQUIPMENT PATENTS 106
FIGURE 27 TOP COMPANIES THAT APPLIED FOR ENDOSCOPY EQUIPMENT PATENTS, 2015–2020 106
6.8.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN ENDOSCOPY EQUIPMENT MARKET 107
FIGURE 28 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR ENDOSCOPY EQUIPMENT PATENTS, 2015–2020 107
6.9 TRADE ANALYSIS 107
TABLE 9 NUMBER OF EXPORTS AND IMPORTS RELATED TO ENDOSCOPY EQUIPMENT 107
6.10 YC–YCC TRENDS/DISRUPTION IMPACTING CUSTOMER BUSINESS 108
FIGURE 29 YC–YCC SHIFT IN ENDOSCOPY EQUIPMENT MARKET 108
6.11 CASE STUDY ANALYSIS 108
6.12 IMPACT OF COVID-19 ON ENDOSCOPY EQUIPMENT MARKET 109
TABLE 10 IMPACT OF COVID-19 ON SALES OF KEY MARKET PLAYERS 110
7 ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT 111
7.1 INTRODUCTION 112
TABLE 11 ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 112
7.2 ENDOSCOPES 112
TABLE 12 ENDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 113
TABLE 13 ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 113
7.2.1 RIGID ENDOSCOPES 114
TABLE 14 RIGID ENDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 114
TABLE 15 RIGID ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 115
7.2.1.1 Laparoscopes 115
7.2.1.1.1 Benefits of laparoscopic surgeries such as reduced pain, faster recovery, and higher accuracy would accelerate market growth in coming years 115
TABLE 16 LAPAROSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 116
7.2.1.2 Urology endoscopes 116
7.2.1.2.1 Shortage of trained urologists would hinder market growth 116
TABLE 17 UROLOGY ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 117
7.2.1.3 Gynecology endoscopes 117
7.2.1.3.1 Prevalence of gynecologic cancers, including cervical, ovarian, and uterine, would spike demand for gynecology endoscopes 117
TABLE 18 ESTIMATED NEW CASES AND DEATHS IN US DUE TO GYNECOLOGIC CANCER, BY TYPE (2021) 118
TABLE 19 GYNECOLOGY ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 119
7.2.1.4 Arthroscopes 119
7.2.1.4.1 Growth of elderly population is likely to push market growth 119
TABLE 20 ARTHROSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 120
7.2.1.5 Cystoscopes 120
7.2.1.5.1 Adoption of cystoscopy procedures to offer pain-free and minimally invasive treatment is expected to stimulate market growth 120
TABLE 21 CYSTOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 121
7.2.1.6 Neuroendoscopes 121
7.2.1.6.1 Reduction in endoscopic procedural reimbursement restrains market growth 121
TABLE 22 NEUROENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 122
7.2.1.7 Other rigid endoscopes 123
TABLE 23 OTHER RIGID ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 123
7.2.2 FLEXIBLE ENDOSCOPES 123
TABLE 24 FLEXIBLE ENDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 124
TABLE 25 FLEXIBLE ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 124
7.2.2.1 Upper gastrointestinal endoscopes 125
7.2.2.1.1 Shortage of surgeons performing endoscopic procedures and limited number of medical facilities are expected to hamper market growth 125
TABLE 26 UPPER GASTROINTESTINAL ENDOSCOPES MARKET, BY TYPE,
2019–2026 (USD MILLION) 125
TABLE 27 UPPER GASTROINTESTINAL ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 126
7.2.2.1.2 Upper gastrointestinal videoscopes 127
TABLE 28 UPPER GASTROINTESTINAL VIDEOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 127
7.2.2.1.3 Upper gastrointestinal fiberscopes 128
TABLE 29 UPPER GASTROINTESTINAL FIBERSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 128
7.2.2.2 Colonoscopes 128
7.2.2.2.1 Rise in colon cancer incidence rates is expected to facilitate market growth 128
TABLE 30 COLONOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 129
TABLE 31 COLONOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 129
7.2.2.2.2 Video colonoscopes 130
TABLE 32 VIDEO COLONOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 130
7.2.2.2.3 Fiber colonoscopes 131
TABLE 33 FIBER COLONOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 131
7.2.2.3 Bronchoscopes 131
7.2.2.3.1 Growth in occurrence of lung cancer would lead to increase in demand for bronchoscopes 131
TABLE 34 BRONCHOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 132
TABLE 35 BRONCHOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 132
7.2.2.3.2 Fiber bronchoscopes 133
TABLE 36 FIBER BRONCHOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 133
7.2.2.3.3 Video bronchoscopes 134
TABLE 37 VIDEO BRONCHOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 134
7.2.2.4 Sigmoidoscopes 134
7.2.2.4.1 Increase in volume of patients with colorectal cancer, along with extended reimbursement policies, would create demand for sigmoidoscopes in coming years 134
TABLE 38 SIGMOIDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 135
TABLE 39 SIGMOIDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 135
7.2.2.4.2 Video sigmoidoscopes 136
TABLE 40 VIDEO SIGMOIDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 136
7.2.2.4.3 Fiber sigmoidoscopes 137
TABLE 41 FIBER SIGMOIDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 137
7.2.2.5 Laryngoscopes 137
7.2.2.5.1 Necessity of intubation due to respiratory complications to drive requirement for laryngoscopes 137
TABLE 42 LARYNGOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 138
TABLE 43 LARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 138
7.2.2.5.2 Fiber laryngoscopes 139
TABLE 44 FIBER LARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 139
7.2.2.5.3 Video laryngoscopes 140
TABLE 45 VIDEO LARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 140
7.2.2.6 Pharyngoscopes 140
7.2.2.6.1 Adoption of pharyngoscopes to examine anatomy of pharynx and assess abnormalities, if any, fuels market growth 140
TABLE 46 PHARYNGOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 141
TABLE 47 PHARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 141
7.2.2.6.2 Video pharyngoscopes 142
TABLE 48 VIDEO PHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 142
7.2.2.6.3 Fiber pharyngoscopes 143
TABLE 49 FIBER PHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 143
7.2.2.7 Duodenoscopes 143
7.2.2.7.1 Use of duodenoscopy as substitute for retrograde cholangiopancreatography to examine digestive tract and organs would foster market growth 143
TABLE 50 DUODENOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 144
TABLE 51 DUODENOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 144
7.2.2.7.2 Video duodenoscopes 145
TABLE 52 VIDEO DUODENOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 145
7.2.2.7.3 Fiber duodenoscopes 146
TABLE 53 FIBER DUODENOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 146
7.2.2.8 Nasopharyngoscopes 146
7.2.2.8.1 Increase in nasopharyngeal abnormalities to spur demand for nasopharyngoscopes 146
TABLE 54 NASOPHARYNGOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 147
TABLE 55 NASOPHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 147
7.2.2.8.2 Video nasopharyngoscopes 148
TABLE 56 VIDEO NASOPHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 148
7.2.2.8.3 Fiber nasopharyngoscopes 149
TABLE 57 FIBER NASOPHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 149
7.2.2.9 Rhinoscopes 149
7.2.2.9.1 Rise in demand for rhinoscopes for diagnostic examination of cavities and passages of nose would fuel market growth 149
TABLE 58 RHINOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 150
TABLE 59 RHINOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 150
7.2.2.9.2 Video rhinoscopes 151
TABLE 60 VIDEO RHINOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 151
7.2.2.9.3 Fiber rhinoscopes 152
TABLE 61 FIBER RHINOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD THOUSAND) 152
7.2.2.10 Other flexible endoscopes 152
TABLE 62 OTHER FLEXIBLE ENDOSCOPES MARKET, BY TYPE,
2019–2026 (USD MILLION) 153
TABLE 63 OTHER FLEXIBLE ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 153
7.2.2.10.1 Other flexible video endoscopes 154
TABLE 64 OTHER FLEXIBLE VIDEO ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 154
7.2.2.10.2 Other flexible fiber endoscopes 155
TABLE 65 OTHER FLEXIBLE FIBER ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 155
7.2.3 ROBOT-ASSISTED ENDOSCOPES 155
7.2.3.1 Technological advances and FDA approvals sanctioned for selling robotic-assisted surgery systems to drive market growth 155
TABLE 66 ROBOT-ASSISTED ENDOSCOPE PRODUCT 156
TABLE 67 ROBOT-ASSISTED ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 156
7.2.4 DISPOSABLE ENDOSCOPES 157
7.2.4.1 Strong focus on preventing hospital-acquired infections creates high demand for single-use/disposable endoscopes 157
TABLE 68 INDICATIVE LIST OF DISPOSABLE ENDOSCOPE MANUFACTURERS 157
TABLE 69 DISPOSABLE ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 158
7.2.5 CAPSULE ENDOSCOPES 158
7.2.5.1 Favorable reimbursement policies on diagnostic yield of capsule endoscopy would propel market growth 158
TABLE 70 INDICATIVE LIST OF CAPSULE ENDOSCOPE MANUFACTURERS 159
TABLE 71 CAPSULE ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 159
7.3 VISUALIZATION SYSTEMS 160
TABLE 72 VISUALIZATION SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 160
TABLE 73 VISUALIZATION SYSTEMS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 161
7.3.1 WIRELESS DISPLAYS AND MONITORS 161
7.3.1.1 Use of wireless displays and monitors allows hospitals to reduce costs associated with routing cables through ceilings 161
TABLE 74 WIRELESS DISPLAYS AND MONITORS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 162
7.3.2 ENDOSCOPIC LIGHT SOURCES 162
7.3.2.1 Light sources are critical components of endoscopy visualization systems 162
TABLE 75 ENDOSCOPIC LIGHT SOURCES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 163
7.3.3 VIDEO CONVERTERS 164
7.3.3.1 Need for high-resolution images and videos is likely to propel video converter market growth in coming years 164
TABLE 76 VIDEO CONVERTERS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 164
7.3.4 VIDEO RECORDERS 165
7.3.4.1 Necessity to document patient data drives requirement for video recorders 165
7.3.4.2 DIGITAL CAPTURE SYSTEMS 165
TABLE 77 VIDEO RECORDERS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 166
7.3.5 VIDEO PROCESSORS 166
7.3.5.1 Video processors can perform several functions, including camera control; image detection, processing, and optimization; and video display control 166
TABLE 78 VIDEO PROCESSORS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 167
7.3.6 CAMERA HEADS 167
7.3.6.1 Constant advances in camera technology drive market growth 167
7.3.6.2 Single-chip cameras 167
7.3.6.3 3-chip cameras 168
7.3.6.4 HD cameras 168
7.3.6.5 3D cameras 168
7.3.6.6 4K camera heads 168
TABLE 79 CAMERA HEADS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 169
7.3.7 TRANSMITTERS & RECEIVERS 169
7.3.7.1 Adoption of wireless transmitters and receivers ensures operating room safety and efficiency 169
TABLE 80 TRANSMITTERS & RECEIVERS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 170
7.3.8 CARTS 170
7.3.8.1 Surge in demand for endoscopy systems would result in high demand for carts 170
TABLE 81 CARTS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 171
7.3.9 OTHER VISUALIZATION EQUIPMENT 171
TABLE 82 OTHER VISUALIZATION EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 172
7.4 OTHER ENDOSCOPY EQUIPMENT 172
TABLE 83 OTHER ENDOSCOPY EQUIPMENT MARKET, BY TYPE,
2019–2026 (USD MILLION) 172
TABLE 84 OTHER ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 173
7.4.1 ELECTRONIC ENDOSCOPY EQUIPMENT 173
TABLE 85 ELECTRONIC ENDOSCOPY EQUIPMENT MARKET, BY TYPE,
2019–2026 (USD MILLION) 173
TABLE 86 ELECTRONIC ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 174
7.4.1.1 Insufflators 174
7.4.1.1.1 Growing use of laparoscopic technique leads to high adoption of insufflators 174
TABLE 87 INSUFFLATORS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 175
7.4.1.2 Endoscopy fluid management systems 175
7.4.1.2.1 Increasing utilization of wide variety of endoscopy procedures would create need for fluid management systems 175
TABLE 88 ENDOSCOPY FLUID MANAGEMENT SYSTEMS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 176
7.4.1.3 Endoscopic ultrasound systems 176
7.4.1.3.1 Rising inclination of patients and healthcare professionals toward minimally invasive surgeries will drive demand for EUS 176
TABLE 89 ENDOSCOPIC ULTRASOUND SYSTEMS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 177
7.4.1.4 Other electronic endoscopy equipment 178
TABLE 90 OTHER ELECTRONIC ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 178
7.4.2 MECHANICAL ENDOSCOPY EQUIPMENT 179
TABLE 91 MECHANICAL ENDOSCOPY EQUIPMENT MARKET, BY TYPE,
2019–2026 (USD MILLION) 179
TABLE 92 MECHANICAL ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 179
7.4.2.1 Biopsy forceps 180
7.4.2.1.1 Prevalence of cancer leads to significant demand for biopsy forceps to collect tissue samples 180
TABLE 93 BIOPSY FORCEPS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 180
7.4.2.2 Graspers 181
7.4.2.2.1 Patient safety and high precision offered by graspers will drive their demand 181
TABLE 94 GRASPERS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 181
7.4.2.3 Snares 182
7.4.2.3.1 Endoscopic snare is used to lift tumor with firm grip and prevent slippage 182
TABLE 95 SNARES MARKET, GEOGRAPHY, 2019–2026 (USD THOUSAND) 182
7.4.2.4 Trocars and cannulas 183
7.4.2.4.1 Trocars and cannulas help puncture body cavity and provide intravenous access during endoscopic procedures 183
TABLE 96 TROCARS AND CANNULAS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 183
7.4.2.5 Other mechanical endoscopic equipment 184
TABLE 97 OTHER MECHANICAL ENDOSCOPIC EQUIPMENT MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 185
7.5 ACCESSORIES 186
TABLE 98 ACCESSORIES MARKET, BY TYPE, 2019–2026 (USD MILLION) 186
TABLE 99 ACCESSORIES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 187
7.5.1 LIGHT CABLES 188
7.5.1.1 Light cables will dominate visualization equipment market 188
TABLE 100 LIGHT CABLES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 188
7.5.2 CLEANING BRUSHES 189
7.5.2.1 Strict regulations pertaining to endoscope cleaning processes are likely to boost demand for cleaning brushes 189
TABLE 101 CLEANING BRUSHES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 189
7.5.3 SURGICAL DISSECTORS 190
7.5.3.1 Increased number of endoscopy procedures to fuel demand for surgical dissectors 190
TABLE 102 SURGICAL DISSECTORS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 190
7.5.4 NEEDLE FORCEPS & NEEDLE HOLDERS 191
7.5.4.1 Needle forceps and holders help surgeons hold suturing needles while closing wounds 191
TABLE 103 NEEDLE FORCEPS & NEEDLE HOLDERS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 191
7.5.5 FLUID-FLUSHING DEVICES 192
7.5.5.1 Increasing number of endoscopic procedures will result in high demand for fluid-flushing devices in coming years 192
TABLE 104 FLUID-FLUSHING DEVICES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 193
7.5.6 MOUTHPIECES 193
7.5.6.1 Mouthpiece is used by patient to prevent injuries to gums and teeth during endoscopic procedures 193
TABLE 105 MOUTHPIECES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 194
7.5.7 OVERTUBES 194
7.5.7.1 Ability of overtubes to facilitate luminal access will push their demand 194
TABLE 106 OVERTUBES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 195
7.5.8 BIOPSY VALVES 195
7.5.8.1 Biopsy valves are used in endoscopic surgeries to safeguard medical professionals from patient fluids 195
TABLE 107 BIOPSY VALVES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 196
7.5.9 OTHER ACCESSORIES 196
TABLE 108 OTHER ACCESSORIES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 197
8 ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION 198
8.1 INTRODUCTION 199
TABLE 109 ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 199
8.2 GASTROINTESTINAL (GI) ENDOSCOPY 199
8.2.1 SURGING DEMAND FOR GI ENDOSCOPY FOR EARLY DIAGNOSIS TO PROPEL MARKET GROWTH 199
TABLE 110 ESTIMATED NEW GI CANCER CASES AND DEATHS IN US, 2021 200
TABLE 111 ENDOSCOPY EQUIPMENT MARKET FOR GI ENDOSCOPY, GEOGRAPHY,
2019–2026 (USD MILLION) 201
8.3 LAPAROSCOPY 201
8.3.1 GROWING NUMBER OF LAPAROSCOPIC BARIATRIC SURGERIES TO ACCELERATE MARKET GROWTH 201
TABLE 112 ENDOSCOPY EQUIPMENT MARKET FOR LAPAROSCOPY, GEOGRAPHY,
2019–2026 (USD MILLION) 202
8.4 OBSTETRICS/GYNECOLOGY ENDOSCOPY 202
8.4.1 INCREASING INCIDENCE OF CANCER AMONG WOMEN WOULD CREATE NEED FOR OBSTETRIC OR GYNECOLOGIC ENDOSCOPIC SURGERY 202
TABLE 113 ENDOSCOPY EQUIPMENT MARKET FOR OBSTETRICS/GYNECOLOGY, GEOGRAPHY, 2019–2026 (USD MILLION) 203
8.5 ARTHROSCOPY 204
8.5.1 ONGOING ADVANCEMENTS IN HIP ARTHROSCOPY TO ACHIEVE FAVORABLE OUTCOMES WILL FUEL MARKET GROWTH 204
TABLE 114 ENDOSCOPY EQUIPMENT MARKET FOR ARTHROSCOPY, GEOGRAPHY,
2019–2026 (USD MILLION) 205
8.6 UROLOGY ENDOSCOPY (CYSTOSCOPY) 205
8.6.1 INCREASING RISK OF DEVELOPING BLADDER CANCER TO CREATE REQUIREMENT FOR CYSTOSCOPES TO CARRY OUT SURGICAL PROCEDURES 205
TABLE 115 ENDOSCOPY EQUIPMENT MARKET FOR UROLOGY ENDOSCOPY (CYSTOSCOPY), GEOGRAPHY, 2019–2026 (USD MILLION) 207
8.7 BRONCHOSCOPY 207
8.7.1 PROGRESSING BRONCHOSCOPY TECHNIQUE TO DIAGNOSE AND TREAT BREATHING AND LUNG PROBLEMS SUPPORT MARKET GROWTH 207
TABLE 116 ENDOSCOPY EQUIPMENT MARKET FOR BRONCHOSCOPY, GEOGRAPHY, 2019–2026 (USD MILLION) 208
8.8 ENT ENDOSCOPY 208
8.8.1 INCREASING VOLUME OF PATIENTS TO SPUR DEMAND FOR ENT ENDOSCOPY 208
TABLE 117 ENDOSCOPY EQUIPMENT MARKET FOR ENT ENDOSCOPY, GEOGRAPHY, 2019–2026 (USD MILLION) 209
8.9 MEDIASTINOSCOPY 210
8.9.1 RISING CASES OF LUNG CANCER, LYMPHOMA, TUBERCULOSIS, AND LUNG INFECTIONS TO ELEVATE NEED FOR MEDIASTINOSCOPY 210
TABLE 118 ENDOSCOPY EQUIPMENT MARKET FOR MEDIASTINOSCOPY, GEOGRAPHY, 2019–2026 (USD MILLION) 211
8.10 OTHER APPLICATIONS 212
TABLE 119 ENDOSCOPY EQUIPMENT MARKET FOR OTHER APPLICATIONS, GEOGRAPHY, 2019–2026 (USD MILLION) 212
9 ENDOSCOPY EQUIPMENT MARKET, BY END USER 213
9.1 INTRODUCTION 214
TABLE 120 ENDOSCOPY EQUIPMENT MARKET, BY END USER,
2019–2026 (USD MILLION) 214
9.2 HOSPITALS 214
9.2.1 HOSPITALS WOULD BE DOMINATING END USERS IN ENDOSCOPY EQUIPMENT MARKET 214
TABLE 121 ENDOSCOPY EQUIPMENT MARKET FOR HOSPITALS, GEOGRAPHY,
2019–2026 (USD MILLION) 215
9.3 AMBULATORY SURGERY CENTERS/CLINICS 215
9.3.1 AMBULATOR SURGERY CENTERS WOULD RECORD SIGNIFICANT GROWTH AS THEY CONTROL PROCEDURAL COSTS THROUGH EFFICIENT OPERATIONS 215
TABLE 122 ENDOSCOPY EQUIPMENT MARKET FOR AMBULATORY SURGERY CENTERS/CLINICS, GEOGRAPHY, 2019–2026 (USD MILLION) 216
9.4 OTHER END USERS 217
TABLE 123 ENDOSCOPY EQUIPMENT MARKET FOR OTHER END USERS, GEOGRAPHY, 2019–2026 (USD MILLION) 217
1 INTRODUCTION 57
1.1 STUDY OBJECTIVES 57
1.2 MARKET DEFINITION 58
1.2.1 INCLUSIONS AND EXCLUSIONS 58
1.3 MARKET SCOPE 59
1.3.1 MARKETS COVERED 59
FIGURE 1 ENDOSCOPY EQUIPMENT MARKET SEGMENTATION 59
FIGURE 2 ENDOSCOPY EQUIPMENT MARKET, BY REGION 59
1.4 YEARS CONSIDERED 60
1.5 CURRENCY 60
TABLE 1 STANDARD CURRENCY CONVERSION RATES 60
1.6 LIMITATIONS 61
1.7 STAKEHOLDERS 61
1.8 SUMMARY OF CHANGES 61
2 RESEARCH METHODOLOGY 63
2.1 RESEARCH DATA 63
FIGURE 3 RESEARCH DESIGN 63
2.1.1 SECONDARY DATA 64
2.1.1.1 Key data from secondary sources 65
2.1.2 PRIMARY DATA 66
FIGURE 4 PRIMARY SOURCES 66
2.1.2.1 Key data from primary sources 67
2.1.2.2 Key industry insights 68
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS (ENDOSCOPY EQUIPMENT MARKET MARKET) 68
FIGURE 6 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION 69
2.2 MARKET SIZE ESTIMATION 69
FIGURE 7 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 70
FIGURE 8 REVENUE SHARE ANALYSIS ILLUSTRATION: OLYMPUS CORPORATION 70
FIGURE 9 SUPPLY-SIDE MARKET SIZE ESTIMATION: ENDOSCOPY
EQUIPMENT MARKET (2020) 71
FIGURE 10 CAGR PROJECTIONS FROM ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR ENDOSCOPY
EQUIPMENT MARKET (2021–2026) 72
FIGURE 11 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 73
FIGURE 12 TOP-DOWN APPROACH 74
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 74
FIGURE 13 DATA TRIANGULATION METHODOLOGY 75
2.4 MARKET SHARE ESTIMATION 76
2.5 STUDY ASSUMPTIONS 76
2.6 LIMITATIONS 77
2.6.1 METHODOLOGY-RELATED LIMITATIONS 77
2.7 RISK ASSESSMENT 77
2.8 ASSESSMENT OF IMPACT OF COVID-19 ON ENDOSCOPY EQUIPMENT MARKET 78
3 EXECUTIVE SUMMARY 79
FIGURE 14 ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 79
FIGURE 15 ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 80
FIGURE 16 ENDOSCOPY EQUIPMENT MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 80
FIGURE 17 GEOGRAPHIC SNAPSHOT OF ENDOSCOPY EQUIPMENT MARKET 81
4 PREMIUM INSIGHTS 82
4.1 ENDOSCOPY EQUIPMENT MARKET OVERVIEW 82
FIGURE 18 INCREASING DEMAND FOR ENDOSCOPY & ONGOING TECHNOLOGICAL ADVANCES IN ENDOSCOPY TECHNOLOGY DRIVE ENDOSCOPY EQUIPMENT MARKET GROWTH 82
4.2 NORTH AMERICA: ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT AND COUNTRY 83
FIGURE 19 ENDOSCOPES HELD LARGEST SHARE OF NORTH AMERICAN MARKET
IN 2020 83
4.3 ENDOSCOPY EQUIPMENT MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 84
FIGURE 20 MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 84
4.4 ENDOSCOPY EQUIPMENT MARKET: REGIONAL MIX 85
FIGURE 21 NORTH AMERICA WOULD BE LARGEST MARKET FOR ENDOSCOPY EQUIPMENT THROUGHOUT FORECAST PERIOD 85
5 MARKET OVERVIEW 86
5.1 INTRODUCTION 86
5.2 MARKET DYNAMICS 86
FIGURE 22 ENDOSCOPY EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 86
5.2.1 DRIVERS 87
5.2.1.1 Surging requirement for endoscopy to diagnose and treat target diseases 87
5.2.1.2 Increasing investments, funds, and grants by governments and other organizations worldwide to improve healthcare infrastructure and research areas of endoscopy 87
TABLE 2 MAJOR DEVELOPMENTS 88
5.2.1.3 Growing focus of hospitals, especially in developed countries, to invest in purchasing technologically advanced endoscopy instruments and expanding endoscopy units 88
TABLE 3 EXAMPLES OF INVESTMENTS BY HOSPITALS IN ENDOSCOPY INSTRUMENTS 89
5.2.1.4 Ongoing advancements in endoscopic technologies to ensure patient safety and achieve more accurate, precise, and reliable diagnoses and treatments 89
5.2.1.5 Rising incidence of IBD and CRC that require endoscopy procedures 90
5.2.1.6 Increasing preference for minimally invasive surgeries 90
5.2.1.7 Escalating adoption of single-use endoscopy instruments to prevent spread of infectious diseases and offer increased efficiency and safety 90
5.2.1.8 Rising focus of medical specialists and healthcare providers on shifting from manual to automated endoscopy reprocessing 91
5.2.2 RESTRAINTS 91
5.2.2.1 Unfavorable healthcare reforms in US 91
5.2.2.2 High overhead costs of endoscopy procedures, coupled with limited reimbursement in developing countries 91
5.2.2.3 High risk of COVID-19 transmission during endoscopic procedures 92
5.2.3 OPPORTUNITIES 92
5.2.3.1 Booming healthcare sector in emerging economies 92
5.2.4 CHALLENGES 92
5.2.4.1 Product recalls witnessed by major market players 92
TABLE 4 LIST OF PRODUCT RECALLS 93
5.2.4.2 Infections caused by some endoscopy products offered by giant companies 93
5.2.4.3 Shortage of trained physicians and endoscopists 94
6 INDUSTRY INSIGHT 95
6.1 TECHNOLOGY ANALYSIS 95
6.1.1 INCREMENTAL COST OF REPAIR AND REPROCESSING OF REUSABLE ENDOSCOPES 95
TABLE 5 ADVANTAGES OF DISPOSABLE OR SINGLE-USE ENDOSCOPES OVER REUSABLE ENDOSCOPES 96
6.1.2 GROWTH IN ROBOTIC SURGERY MARKET 96
TABLE 6 ROBOT-ASSISTED ENDOSCOPE PLATFORM 97
6.2 PRICING ANALYSIS 98
TABLE 7 AVERAGE SELLING PRICE OF RIGID VS. FLEXIBLE HD AND NON-HD ENDOSCOPY DEVICES (USD) 98
6.3 VALUE CHAIN ANALYSIS 99
FIGURE 23 VALUE CHAIN ANALYSIS: MAXIMUM VALUE IS ADDED DURING MANUFACTURING PHASE 99
6.4 ECOSYSTEM MAPPING 100
FIGURE 24 ENDOSCOPY EQUIPMENT MARKET: ECOSYSTEM ANALYSIS 100
6.5 SUPPLY CHAIN ANALYSIS 101
FIGURE 25 ENDOSCOPY EQUIPMENT MARKET: STAKEHOLDERS IN SUPPLY CHAIN 102
6.6 PORTER’S FIVE FORCES ANALYSIS 102
TABLE 8 ENDOSCOPY EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 102
6.6.1 THREAT OF NEW ENTRANTS 103
6.6.1.1 High capital requirement 103
6.6.1.2 High preference for products from well-established brands 103
6.6.2 THREAT OF SUBSTITUTES 103
6.6.2.1 Substitute therapies for endoscopic procedure 103
6.6.3 BARGAINING POWER OF SUPPLIERS 103
6.6.3.1 Presence of several raw material suppliers 104
6.6.3.2 Supplier switching cost 104
6.6.4 BARGAINING POWER OF BUYERS 104
6.6.4.1 Few companies offering premium products at global level 104
6.6.5 INTENSITY OF COMPETITIVE RIVALRY 104
6.6.5.1 Increasing demand for high-quality and innovative products 104
6.6.5.2 Lucrative growth potential in emerging markets 104
6.7 REGULATORY ANALYSIS 105
6.8 PATENT ANALYSIS 105
6.8.1 PATENT PUBLICATION TRENDS FOR ENDOSCOPY EQUIPMENT 105
FIGURE 26 GLOBAL PATENT PUBLICATION TRENDS IN ENDOSCOPY EQUIPMENT MARKET, 2015–2020 106
6.8.2 TOP APPLICANTS (COMPANIES) OF ENDOSCOPY EQUIPMENT PATENTS 106
FIGURE 27 TOP COMPANIES THAT APPLIED FOR ENDOSCOPY EQUIPMENT PATENTS, 2015–2020 106
6.8.3 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN ENDOSCOPY EQUIPMENT MARKET 107
FIGURE 28 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR ENDOSCOPY EQUIPMENT PATENTS, 2015–2020 107
6.9 TRADE ANALYSIS 107
TABLE 9 NUMBER OF EXPORTS AND IMPORTS RELATED TO ENDOSCOPY EQUIPMENT 107
6.10 YC–YCC TRENDS/DISRUPTION IMPACTING CUSTOMER BUSINESS 108
FIGURE 29 YC–YCC SHIFT IN ENDOSCOPY EQUIPMENT MARKET 108
6.11 CASE STUDY ANALYSIS 108
6.12 IMPACT OF COVID-19 ON ENDOSCOPY EQUIPMENT MARKET 109
TABLE 10 IMPACT OF COVID-19 ON SALES OF KEY MARKET PLAYERS 110
7 ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT 111
7.1 INTRODUCTION 112
TABLE 11 ENDOSCOPY EQUIPMENT MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 112
7.2 ENDOSCOPES 112
TABLE 12 ENDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 113
TABLE 13 ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 113
7.2.1 RIGID ENDOSCOPES 114
TABLE 14 RIGID ENDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 114
TABLE 15 RIGID ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 115
7.2.1.1 Laparoscopes 115
7.2.1.1.1 Benefits of laparoscopic surgeries such as reduced pain, faster recovery, and higher accuracy would accelerate market growth in coming years 115
TABLE 16 LAPAROSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 116
7.2.1.2 Urology endoscopes 116
7.2.1.2.1 Shortage of trained urologists would hinder market growth 116
TABLE 17 UROLOGY ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 117
7.2.1.3 Gynecology endoscopes 117
7.2.1.3.1 Prevalence of gynecologic cancers, including cervical, ovarian, and uterine, would spike demand for gynecology endoscopes 117
TABLE 18 ESTIMATED NEW CASES AND DEATHS IN US DUE TO GYNECOLOGIC CANCER, BY TYPE (2021) 118
TABLE 19 GYNECOLOGY ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 119
7.2.1.4 Arthroscopes 119
7.2.1.4.1 Growth of elderly population is likely to push market growth 119
TABLE 20 ARTHROSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 120
7.2.1.5 Cystoscopes 120
7.2.1.5.1 Adoption of cystoscopy procedures to offer pain-free and minimally invasive treatment is expected to stimulate market growth 120
TABLE 21 CYSTOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 121
7.2.1.6 Neuroendoscopes 121
7.2.1.6.1 Reduction in endoscopic procedural reimbursement restrains market growth 121
TABLE 22 NEUROENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 122
7.2.1.7 Other rigid endoscopes 123
TABLE 23 OTHER RIGID ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 123
7.2.2 FLEXIBLE ENDOSCOPES 123
TABLE 24 FLEXIBLE ENDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 124
TABLE 25 FLEXIBLE ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 124
7.2.2.1 Upper gastrointestinal endoscopes 125
7.2.2.1.1 Shortage of surgeons performing endoscopic procedures and limited number of medical facilities are expected to hamper market growth 125
TABLE 26 UPPER GASTROINTESTINAL ENDOSCOPES MARKET, BY TYPE,
2019–2026 (USD MILLION) 125
TABLE 27 UPPER GASTROINTESTINAL ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 126
7.2.2.1.2 Upper gastrointestinal videoscopes 127
TABLE 28 UPPER GASTROINTESTINAL VIDEOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 127
7.2.2.1.3 Upper gastrointestinal fiberscopes 128
TABLE 29 UPPER GASTROINTESTINAL FIBERSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 128
7.2.2.2 Colonoscopes 128
7.2.2.2.1 Rise in colon cancer incidence rates is expected to facilitate market growth 128
TABLE 30 COLONOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 129
TABLE 31 COLONOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 129
7.2.2.2.2 Video colonoscopes 130
TABLE 32 VIDEO COLONOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 130
7.2.2.2.3 Fiber colonoscopes 131
TABLE 33 FIBER COLONOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 131
7.2.2.3 Bronchoscopes 131
7.2.2.3.1 Growth in occurrence of lung cancer would lead to increase in demand for bronchoscopes 131
TABLE 34 BRONCHOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 132
TABLE 35 BRONCHOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 132
7.2.2.3.2 Fiber bronchoscopes 133
TABLE 36 FIBER BRONCHOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 133
7.2.2.3.3 Video bronchoscopes 134
TABLE 37 VIDEO BRONCHOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 134
7.2.2.4 Sigmoidoscopes 134
7.2.2.4.1 Increase in volume of patients with colorectal cancer, along with extended reimbursement policies, would create demand for sigmoidoscopes in coming years 134
TABLE 38 SIGMOIDOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 135
TABLE 39 SIGMOIDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 135
7.2.2.4.2 Video sigmoidoscopes 136
TABLE 40 VIDEO SIGMOIDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 136
7.2.2.4.3 Fiber sigmoidoscopes 137
TABLE 41 FIBER SIGMOIDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 137
7.2.2.5 Laryngoscopes 137
7.2.2.5.1 Necessity of intubation due to respiratory complications to drive requirement for laryngoscopes 137
TABLE 42 LARYNGOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 138
TABLE 43 LARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 138
7.2.2.5.2 Fiber laryngoscopes 139
TABLE 44 FIBER LARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 139
7.2.2.5.3 Video laryngoscopes 140
TABLE 45 VIDEO LARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 140
7.2.2.6 Pharyngoscopes 140
7.2.2.6.1 Adoption of pharyngoscopes to examine anatomy of pharynx and assess abnormalities, if any, fuels market growth 140
TABLE 46 PHARYNGOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 141
TABLE 47 PHARYNGOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 141
7.2.2.6.2 Video pharyngoscopes 142
TABLE 48 VIDEO PHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 142
7.2.2.6.3 Fiber pharyngoscopes 143
TABLE 49 FIBER PHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 143
7.2.2.7 Duodenoscopes 143
7.2.2.7.1 Use of duodenoscopy as substitute for retrograde cholangiopancreatography to examine digestive tract and organs would foster market growth 143
TABLE 50 DUODENOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 144
TABLE 51 DUODENOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 144
7.2.2.7.2 Video duodenoscopes 145
TABLE 52 VIDEO DUODENOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 145
7.2.2.7.3 Fiber duodenoscopes 146
TABLE 53 FIBER DUODENOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 146
7.2.2.8 Nasopharyngoscopes 146
7.2.2.8.1 Increase in nasopharyngeal abnormalities to spur demand for nasopharyngoscopes 146
TABLE 54 NASOPHARYNGOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 147
TABLE 55 NASOPHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 147
7.2.2.8.2 Video nasopharyngoscopes 148
TABLE 56 VIDEO NASOPHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 148
7.2.2.8.3 Fiber nasopharyngoscopes 149
TABLE 57 FIBER NASOPHARYNGOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 149
7.2.2.9 Rhinoscopes 149
7.2.2.9.1 Rise in demand for rhinoscopes for diagnostic examination of cavities and passages of nose would fuel market growth 149
TABLE 58 RHINOSCOPES MARKET, BY TYPE, 2019–2026 (USD MILLION) 150
TABLE 59 RHINOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 150
7.2.2.9.2 Video rhinoscopes 151
TABLE 60 VIDEO RHINOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 151
7.2.2.9.3 Fiber rhinoscopes 152
TABLE 61 FIBER RHINOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD THOUSAND) 152
7.2.2.10 Other flexible endoscopes 152
TABLE 62 OTHER FLEXIBLE ENDOSCOPES MARKET, BY TYPE,
2019–2026 (USD MILLION) 153
TABLE 63 OTHER FLEXIBLE ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 153
7.2.2.10.1 Other flexible video endoscopes 154
TABLE 64 OTHER FLEXIBLE VIDEO ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 154
7.2.2.10.2 Other flexible fiber endoscopes 155
TABLE 65 OTHER FLEXIBLE FIBER ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD THOUSAND) 155
7.2.3 ROBOT-ASSISTED ENDOSCOPES 155
7.2.3.1 Technological advances and FDA approvals sanctioned for selling robotic-assisted surgery systems to drive market growth 155
TABLE 66 ROBOT-ASSISTED ENDOSCOPE PRODUCT 156
TABLE 67 ROBOT-ASSISTED ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 156
7.2.4 DISPOSABLE ENDOSCOPES 157
7.2.4.1 Strong focus on preventing hospital-acquired infections creates high demand for single-use/disposable endoscopes 157
TABLE 68 INDICATIVE LIST OF DISPOSABLE ENDOSCOPE MANUFACTURERS 157
TABLE 69 DISPOSABLE ENDOSCOPES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 158
7.2.5 CAPSULE ENDOSCOPES 158
7.2.5.1 Favorable reimbursement policies on diagnostic yield of capsule endoscopy would propel market growth 158
TABLE 70 INDICATIVE LIST OF CAPSULE ENDOSCOPE MANUFACTURERS 159
TABLE 71 CAPSULE ENDOSCOPES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 159
7.3 VISUALIZATION SYSTEMS 160
TABLE 72 VISUALIZATION SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 160
TABLE 73 VISUALIZATION SYSTEMS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 161
7.3.1 WIRELESS DISPLAYS AND MONITORS 161
7.3.1.1 Use of wireless displays and monitors allows hospitals to reduce costs associated with routing cables through ceilings 161
TABLE 74 WIRELESS DISPLAYS AND MONITORS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 162
7.3.2 ENDOSCOPIC LIGHT SOURCES 162
7.3.2.1 Light sources are critical components of endoscopy visualization systems 162
TABLE 75 ENDOSCOPIC LIGHT SOURCES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 163
7.3.3 VIDEO CONVERTERS 164
7.3.3.1 Need for high-resolution images and videos is likely to propel video converter market growth in coming years 164
TABLE 76 VIDEO CONVERTERS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 164
7.3.4 VIDEO RECORDERS 165
7.3.4.1 Necessity to document patient data drives requirement for video recorders 165
7.3.4.2 DIGITAL CAPTURE SYSTEMS 165
TABLE 77 VIDEO RECORDERS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 166
7.3.5 VIDEO PROCESSORS 166
7.3.5.1 Video processors can perform several functions, including camera control; image detection, processing, and optimization; and video display control 166
TABLE 78 VIDEO PROCESSORS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 167
7.3.6 CAMERA HEADS 167
7.3.6.1 Constant advances in camera technology drive market growth 167
7.3.6.2 Single-chip cameras 167
7.3.6.3 3-chip cameras 168
7.3.6.4 HD cameras 168
7.3.6.5 3D cameras 168
7.3.6.6 4K camera heads 168
TABLE 79 CAMERA HEADS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 169
7.3.7 TRANSMITTERS & RECEIVERS 169
7.3.7.1 Adoption of wireless transmitters and receivers ensures operating room safety and efficiency 169
TABLE 80 TRANSMITTERS & RECEIVERS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 170
7.3.8 CARTS 170
7.3.8.1 Surge in demand for endoscopy systems would result in high demand for carts 170
TABLE 81 CARTS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 171
7.3.9 OTHER VISUALIZATION EQUIPMENT 171
TABLE 82 OTHER VISUALIZATION EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 172
7.4 OTHER ENDOSCOPY EQUIPMENT 172
TABLE 83 OTHER ENDOSCOPY EQUIPMENT MARKET, BY TYPE,
2019–2026 (USD MILLION) 172
TABLE 84 OTHER ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 173
7.4.1 ELECTRONIC ENDOSCOPY EQUIPMENT 173
TABLE 85 ELECTRONIC ENDOSCOPY EQUIPMENT MARKET, BY TYPE,
2019–2026 (USD MILLION) 173
TABLE 86 ELECTRONIC ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 174
7.4.1.1 Insufflators 174
7.4.1.1.1 Growing use of laparoscopic technique leads to high adoption of insufflators 174
TABLE 87 INSUFFLATORS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 175
7.4.1.2 Endoscopy fluid management systems 175
7.4.1.2.1 Increasing utilization of wide variety of endoscopy procedures would create need for fluid management systems 175
TABLE 88 ENDOSCOPY FLUID MANAGEMENT SYSTEMS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 176
7.4.1.3 Endoscopic ultrasound systems 176
7.4.1.3.1 Rising inclination of patients and healthcare professionals toward minimally invasive surgeries will drive demand for EUS 176
TABLE 89 ENDOSCOPIC ULTRASOUND SYSTEMS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 177
7.4.1.4 Other electronic endoscopy equipment 178
TABLE 90 OTHER ELECTRONIC ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 178
7.4.2 MECHANICAL ENDOSCOPY EQUIPMENT 179
TABLE 91 MECHANICAL ENDOSCOPY EQUIPMENT MARKET, BY TYPE,
2019–2026 (USD MILLION) 179
TABLE 92 MECHANICAL ENDOSCOPY EQUIPMENT MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 179
7.4.2.1 Biopsy forceps 180
7.4.2.1.1 Prevalence of cancer leads to significant demand for biopsy forceps to collect tissue samples 180
TABLE 93 BIOPSY FORCEPS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 180
7.4.2.2 Graspers 181
7.4.2.2.1 Patient safety and high precision offered by graspers will drive their demand 181
TABLE 94 GRASPERS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 181
7.4.2.3 Snares 182
7.4.2.3.1 Endoscopic snare is used to lift tumor with firm grip and prevent slippage 182
TABLE 95 SNARES MARKET, GEOGRAPHY, 2019–2026 (USD THOUSAND) 182
7.4.2.4 Trocars and cannulas 183
7.4.2.4.1 Trocars and cannulas help puncture body cavity and provide intravenous access during endoscopic procedures 183
TABLE 96 TROCARS AND CANNULAS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 183
7.4.2.5 Other mechanical endoscopic equipment 184
TABLE 97 OTHER MECHANICAL ENDOSCOPIC EQUIPMENT MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 185
7.5 ACCESSORIES 186
TABLE 98 ACCESSORIES MARKET, BY TYPE, 2019–2026 (USD MILLION) 186
TABLE 99 ACCESSORIES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 187
7.5.1 LIGHT CABLES 188
7.5.1.1 Light cables will dominate visualization equipment market 188
TABLE 100 LIGHT CABLES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 188
7.5.2 CLEANING BRUSHES 189
7.5.2.1 Strict regulations pertaining to endoscope cleaning processes are likely to boost demand for cleaning brushes 189
TABLE 101 CLEANING BRUSHES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 189
7.5.3 SURGICAL DISSECTORS 190
7.5.3.1 Increased number of endoscopy procedures to fuel demand for surgical dissectors 190
TABLE 102 SURGICAL DISSECTORS MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 190
7.5.4 NEEDLE FORCEPS & NEEDLE HOLDERS 191
7.5.4.1 Needle forceps and holders help surgeons hold suturing needles while closing wounds 191
TABLE 103 NEEDLE FORCEPS & NEEDLE HOLDERS MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 191
7.5.5 FLUID-FLUSHING DEVICES 192
7.5.5.1 Increasing number of endoscopic procedures will result in high demand for fluid-flushing devices in coming years 192
TABLE 104 FLUID-FLUSHING DEVICES MARKET, GEOGRAPHY,
2019–2026 (USD MILLION) 193
7.5.6 MOUTHPIECES 193
7.5.6.1 Mouthpiece is used by patient to prevent injuries to gums and teeth during endoscopic procedures 193
TABLE 105 MOUTHPIECES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 194
7.5.7 OVERTUBES 194
7.5.7.1 Ability of overtubes to facilitate luminal access will push their demand 194
TABLE 106 OVERTUBES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 195
7.5.8 BIOPSY VALVES 195
7.5.8.1 Biopsy valves are used in endoscopic surgeries to safeguard medical professionals from patient fluids 195
TABLE 107 BIOPSY VALVES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 196
7.5.9 OTHER ACCESSORIES 196
TABLE 108 OTHER ACCESSORIES MARKET, GEOGRAPHY, 2019–2026 (USD MILLION) 197
8 ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION 198
8.1 INTRODUCTION 199
TABLE 109 ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 199
8.2 GASTROINTESTINAL (GI) ENDOSCOPY 199
8.2.1 SURGING DEMAND FOR GI ENDOSCOPY FOR EARLY DIAGNOSIS TO PROPEL MARKET GROWTH 199
TABLE 110 ESTIMATED NEW GI CANCER CASES AND DEATHS IN US, 2021 200
TABLE 111 ENDOSCOPY EQUIPMENT MARKET FOR GI ENDOSCOPY, GEOGRAPHY,
2019–2026 (USD MILLION) 201
8.3 LAPAROSCOPY 201
8.3.1 GROWING NUMBER OF LAPAROSCOPIC BARIATRIC SURGERIES TO ACCELERATE MARKET GROWTH 201
TABLE 112 ENDOSCOPY EQUIPMENT MARKET FOR LAPAROSCOPY, GEOGRAPHY,
2019–2026 (USD MILLION) 202
8.4 OBSTETRICS/GYNECOLOGY ENDOSCOPY 202
8.4.1 INCREASING INCIDENCE OF CANCER AMONG WOMEN WOULD CREATE NEED FOR OBSTETRIC OR GYNECOLOGIC ENDOSCOPIC SURGERY 202
TABLE 113 ENDOSCOPY EQUIPMENT MARKET FOR OBSTETRICS/GYNECOLOGY, GEOGRAPHY, 2019–2026 (USD MILLION) 203
8.5 ARTHROSCOPY 204
8.5.1 ONGOING ADVANCEMENTS IN HIP ARTHROSCOPY TO ACHIEVE FAVORABLE OUTCOMES WILL FUEL MARKET GROWTH 204
TABLE 114 ENDOSCOPY EQUIPMENT MARKET FOR ARTHROSCOPY, GEOGRAPHY,
2019–2026 (USD MILLION) 205
8.6 UROLOGY ENDOSCOPY (CYSTOSCOPY) 205
8.6.1 INCREASING RISK OF DEVELOPING BLADDER CANCER TO CREATE REQUIREMENT FOR CYSTOSCOPES TO CARRY OUT SURGICAL PROCEDURES 205
TABLE 115 ENDOSCOPY EQUIPMENT MARKET FOR UROLOGY ENDOSCOPY (CYSTOSCOPY), GEOGRAPHY, 2019–2026 (USD MILLION) 207
8.7 BRONCHOSCOPY 207
8.7.1 PROGRESSING BRONCHOSCOPY TECHNIQUE TO DIAGNOSE AND TREAT BREATHING AND LUNG PROBLEMS SUPPORT MARKET GROWTH 207
TABLE 116 ENDOSCOPY EQUIPMENT MARKET FOR BRONCHOSCOPY, GEOGRAPHY, 2019–2026 (USD MILLION) 208
8.8 ENT ENDOSCOPY 208
8.8.1 INCREASING VOLUME OF PATIENTS TO SPUR DEMAND FOR ENT ENDOSCOPY 208
TABLE 117 ENDOSCOPY EQUIPMENT MARKET FOR ENT ENDOSCOPY, GEOGRAPHY, 2019–2026 (USD MILLION) 209
8.9 MEDIASTINOSCOPY 210
8.9.1 RISING CASES OF LUNG CANCER, LYMPHOMA, TUBERCULOSIS, AND LUNG INFECTIONS TO ELEVATE NEED FOR MEDIASTINOSCOPY 210
TABLE 118 ENDOSCOPY EQUIPMENT MARKET FOR MEDIASTINOSCOPY, GEOGRAPHY, 2019–2026 (USD MILLION) 211
8.10 OTHER APPLICATIONS 212
TABLE 119 ENDOSCOPY EQUIPMENT MARKET FOR OTHER APPLICATIONS, GEOGRAPHY, 2019–2026 (USD MILLION) 212
9 ENDOSCOPY EQUIPMENT MARKET, BY END USER 213
9.1 INTRODUCTION 214
TABLE 120 ENDOSCOPY EQUIPMENT MARKET, BY END USER,
2019–2026 (USD MILLION) 214
9.2 HOSPITALS 214
9.2.1 HOSPITALS WOULD BE DOMINATING END USERS IN ENDOSCOPY EQUIPMENT MARKET 214
TABLE 121 ENDOSCOPY EQUIPMENT MARKET FOR HOSPITALS, GEOGRAPHY,
2019–2026 (USD MILLION) 215
9.3 AMBULATORY SURGERY CENTERS/CLINICS 215
9.3.1 AMBULATOR SURGERY CENTERS WOULD RECORD SIGNIFICANT GROWTH AS THEY CONTROL PROCEDURAL COSTS THROUGH EFFICIENT OPERATIONS 215
TABLE 122 ENDOSCOPY EQUIPMENT MARKET FOR AMBULATORY SURGERY CENTERS/CLINICS, GEOGRAPHY, 2019–2026 (USD MILLION) 216
9.4 OTHER END USERS 217
TABLE 123 ENDOSCOPY EQUIPMENT MARKET FOR OTHER END USERS, GEOGRAPHY, 2019–2026 (USD MILLION) 217
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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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