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Veterinary Imaging Market by Product (Ultrasound (2D, 3D, Doppler), X-Ray (CR, DR), MRI, CT, Software, Reagent), Therapeutic Area (Orthopedics, Gyneco...

Publisher:        MarketsandMarkets

# of Pages:        358

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1 User License $4,950

Publication Date:  December, 2021

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1 INTRODUCTION 43
1.1 OBJECTIVES OF THE STUDY 43
1.2 MARKET DEFINITION 44
1.2.1 INCLUSIONS AND EXCLUSIONS OF THE STUDY 44
1.3 SCOPE OF THE STUDY 45
1.3.1 MARKETS COVERED 45
FIGURE 1 GLOBAL VETERINARY IMAGING MARKET 45
1.3.2 YEARS CONSIDERED FOR THE STUDY 46
1.4 CURRENCY 46
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 46
1.5 STAKEHOLDERS 47
1.6 SUMMARY OF CHANGES 47
2 RESEARCH METHODOLOGY 48
2.1 RESEARCH DATA 48
FIGURE 2 RESEARCH DESIGN 48
2.1.1 SECONDARY DATA 49
2.1.1.1 Key data from secondary sources 50
2.1.2 PRIMARY DATA 51
FIGURE 3 PRIMARY SOURCES 51
2.1.2.1 Key data from primary sources 52
2.1.2.2 Key industry insights 53
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 53
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY SIDE AND DEMAND SIDE PARTICIPANTS 54
2.2 MARKET SIZE ESTIMATION 54
FIGURE 6 MARKET SIZE ESTIMATION: DEMAND SIDE MODELLING 55
FIGURE 7 SUPPLY SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 56
FIGURE 8 REVENUE SHARE ANALYSIS ILLUSTRATION: IDEXX LABORATORIES, INC. (2020) 57
FIGURE 9 REVENUE ANALYSIS OF THE TOP FIVE COMPANIES: VETERINARY IMAGING MARKET (2020) 58
FIGURE 10 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE VETERINARY IMAGING MARKET (2021–2026) 60
FIGURE 11 CAGR PROJECTIONS: SUPPLY SIDE ANALYSIS 61
FIGURE 12 TOP-DOWN APPROACH 61
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 62
FIGURE 13 MARKET DATA TRIANGULATION METHODOLOGY 62
2.4 MARKET SHARE ESTIMATION 63
2.5 ASSUMPTIONS FOR THE STUDY 63
2.6 RISK ASSESSMENT 64
TABLE 2 RISK ASSESSMENT: VETERINARY IMAGING MARKET 64
2.7 LIMITATIONS 64
2.7.1 METHODOLOGY-RELATED LIMITATIONS 64
2.7.2 SCOPE-RELATED LIMITATIONS 64
3 EXECUTIVE SUMMARY 65
FIGURE 14 VETERINARY IMAGING MARKET, BY PRODUCT, 2021 VS. 2026 (USD MILLION) 65
FIGURE 15 RADIOGRAPHY IMAGING SYSTEMS TO DOMINATE THE VETERINARY IMAGING INSTRUMENTS MARKET DURING THE FORECAST PERIOD 66
FIGURE 16 VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2021 VS. 2026 (USD MILLION) 67
FIGURE 17 VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2021 VS. 2026 (USD MILLION) 67
FIGURE 18 VETERINARY IMAGING MARKET, BY END USER, 2021 VS. 2026 68
FIGURE 19 GEOGRAPHIC ANALYSIS: GLOBAL VETERINARY IMAGING MARKET 69
4 PREMIUM INSIGHTS 71
4.1 VETERINARY IMAGING MARKET OVERVIEW 71
FIGURE 20 RISING DEMAND FOR PET INSURANCE AND GROWTH IN ANIMAL HEALTHCARE EXPENDITURE TO DRIVE MARKET GROWTH 71
4.2 ASIA PACIFIC: VETERINARY IMAGING MARKET, BY PRODUCT 72
FIGURE 21 INSTRUMENT SEGMENT TO COMMAND THE LARGEST SHARE OF THE VETERINARY IMAGING MARKET IN 2020 72
4.3 VETERINARY IMAGING MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 73
FIGURE 22 APAC TO WITNESS THE HIGHEST GROWTH IN THE VETERINARY IMAGING MARKET DURING THE FORECAST PERIOD 73
4.4 VETERINARY IMAGING MARKET, BY REGION 74
FIGURE 23 NORTH AMERICA TO DOMINATE THE VETERINARY
IMAGING MARKET TILL 2026 74
4.5 VETERINARY IMAGING MARKET: DEVELOPED VS. DEVELOPING MARKETS 74
FIGURE 24 DEVELOPING MARKETS TO REGISTER A HIGHER GROWTH RATE IN THE FORECAST PERIOD 74
5 MARKET OVERVIEW 75
5.1 MARKET DYNAMICS 76
FIGURE 25 VETERINARY IMAGING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 76
5.1.1 MARKET DRIVERS 76
5.1.1.1 Increasing rate of companion animal population 76
TABLE 3 PET POPULATION, BY ANIMAL, 2014–2018 (MILLION) 77
5.1.1.2 Rising demand for pet insurance and an increasing amount of animal health expenditure 78
FIGURE 26 US: PET INDUSTRY EXPENDITURE, 2018–2020 78
5.1.1.3 Growing number of veterinary practitioners and their rising income levels in developed economies 79
TABLE 4 NUMBER OF VETERINARIANS AND PARA-VETERINARIANS IN DEVELOPED COUNTRIES, 2012–2018 79
5.1.1.4 Rising demand for animal-derived food products 80
TABLE 5 PAST AND PROJECTED TRENDS IN THE CONSUMPTION OF MEAT AND MILK IN DEVELOPED AND DEVELOPING REGIONS 81
FIGURE 27 ASIA: COUNTRY-LEVEL CONSUMPTION OF ANIMAL-DERIVED FOOD PRODUCTS, 2020 VS. 2030 (THOUSAND METRIC TONS) 81
FIGURE 28 ASIA: COUNTRY-LEVEL PRODUCTION OF ANIMAL-DERIVED FOOD PRODUCTS, 2020 VS. 2030 (THOUSAND METRIC TONS) 81
FIGURE 29 ASIA HAD THE HIGHEST CONSUMER OF MEAT AND MILK IN
THE WORLD IN 2018 82
5.1.1.5 Growing prevalence of animal diseases 82
TABLE 6 MARKET DRIVERS: IMPACT ANALYSIS 82
5.1.2 MARKET RESTRAINTS 83
5.1.2.1 High cost of veterinary imaging instruments 83
5.1.2.2 Rising rate of pet care costs 83
TABLE 7 MARKET RESTRAINTS: IMPACT ANALYSIS 84
5.1.3 MARKET OPPORTUNITIES 84
5.1.3.1 Untapped emerging markets 84
TABLE 8 MARKET OPPORTUNITIES: IMPACT ANALYSIS 85
5.1.4 MARKET CHALLENGES 85
5.1.4.1 Lack of animal healthcare awareness in emerging countries 85
5.1.4.2 Shortage of veterinary practitioners in developing markets 85
TABLE 9 NUMBER OF VETERINARY PROFESSIONALS, BY COUNTRY, 2005 VS. 2018 86
TABLE 10 MARKET CHALLENGES: IMPACT ANALYSIS 86
5.2 INDUSTRY TRENDS 87
FIGURE 30 DEVELOPMENT OF PORTABLE IMAGING INSTRUMENTS AND CONSOLIDATION IN THE VETERINARY IMAGING MARKET ARE THE LEADING INDUSTRY TRENDS 87
5.2.1 PORTABLE AND BATTERY-POWERED IMAGING INSTRUMENTS FOR POINT-OF-CARE SERVICES 87
5.2.2 GROWING CONSOLIDATION IN THE VETERINARY IMAGING MARKET 88
TABLE 11 MAJOR MERGERS AND ACQUISITIONS IN THE VETERINARY IMAGING MARKET 88
5.2.3 GROWING SIZE OF VETERINARY BUSINESSES 89
5.3 VALUE CHAIN ANALYSIS 89
FIGURE 31 VETERINARY IMAGING MARKET: VALUE CHAIN ANALYSIS 90
5.4 SUPPLY CHAIN ANALYSIS 90
FIGURE 32 VETERINARY IMAGING MARKET: SUPPLY CHAIN ANALYSIS 91
5.5 PRICING ANALYSIS 92
TABLE 12 REGIONAL PRICING ANALYSIS OF KEY DIAGNOSTIC IMAGING MODALITIES, 2019 (USD THOUSAND OR MILLION) 92
5.6 ECOSYSTEM MAPPING 93
FIGURE 33 VETERINARY IMAGING MARKET: ECOSYSTEM MARKET MAP 94
5.7 PORTER’S FIVE FORCES ANALYSIS 95
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS 95
5.7.1 THREAT OF NEW ENTRANTS 95
5.7.2 THREAT OF SUBSTITUTES 96
5.7.3 BARGAINING POWER OF SUPPLIERS 96
5.7.4 BARGAINING POWER OF BUYERS 96
5.7.5 INTENSITY OF RIVALRY 96
5.8 REGULATORY ANALYSIS 97
5.9 IMPACT OF COVID-19 ON THE VETERINARY IMAGING MARKET 97
FIGURE 35 IMPACT OF COVID 19 ON LIVESTOCK SUPPLY CHAIN 98
5.10 PATENT ANALYSIS 99
5.10.1 PATENT PUBLICATION TRENDS FOR VETERINARY IMAGING DEVICES 99
FIGURE 36 PATENT PUBLICATION TRENDS (JANUARY 2011–NOVEMBER 2021) 100
5.10.2 INSIGHTS: JURISDICTION AND TOP APPLICANT ANALYSIS 100
FIGURE 37 TOP APPLICANTS AND OWNERS (COMPANIES/INSTITUTES) FOR VETERINARY IMAGING PATENTS (JANUARY 2011–NOVEMBER 2021) 101
FIGURE 38 TOP APPLICANT COUNTRIES/REGIONS FOR VETERINARY IMAGING INSTRUMENTS PATENTS (JANUARY 2011–NOVEMBER 2021) 102
5.11 CASE STUDY ANALYSIS 102
5.11.1 CASE STUDY 1: BUTTERFLY NETWORK & AMERICAN VETERINARY GROUP 102
5.11.2 CASE STUDY 2: THE LIFE-SAVER ULTRASOUND 102
5.12 ADJACENT MARKET ANALYSIS 103
5.12.1 VETERINARY DIAGNOSTICS MARKET 103
FIGURE 39 VETERINARY DIAGNOSTICS MARKET OVERVIEW 103
5.13 TECHNOLOGY ANALYSIS 104
5.13.1 KEY TECHNOLOGIES 104
5.13.1.1 Ultrasound 104
5.13.1.2 X-Ray 104
5.13.2 COMPLEMENTARY TECHNOLOGIES 105
5.13.2.1 Computer Vision and Artificial Intelligence 105
5.13.2.2 User interface 105
5.13.3 ADJACENT TECHNOLOGIES 105
5.13.3.1 CT 106
5.13.3.2 MRI 106
6 GLOBAL VETERINARY IMAGING MARKET, BY PRODUCT 107
6.1 INTRODUCTION 108
TABLE 13 VETERINARY IMAGING MARKET SIZE, BY PRODUCT,
2019–2026 (USD MILLION) 108
6.2 VETERINARY IMAGING INSTRUMENTS 108
TABLE 14 VETERINARY GROUPS WITH A NUMBER OF HOSPITALS AND FINANCIAL PARTNERS 109
TABLE 15 SOME OF THE KEY PLAYERS PROVIDING VETERINARY IMAGING INSTRUMENTS 109
TABLE 16 VETERINARY IMAGING INSTRUMENTS MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 110
TABLE 17 VETERINARY IMAGING INSTRUMENTS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 111
6.2.1 RADIOGRAPHY(X-RAY) IMAGING SYSTEMS 111
FIGURE 40 DR AND CR SYSTEMS: ADVANTAGES, DISADVANTAGES, SIMILARITIES, AND DIFFERENCES 112
TABLE 18 LEADING RADIOGRAPHY (X-RAY) IMAGING SYSTEMS AVAILABLE IN THE MARKET (2020) 113
TABLE 19 RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 114
TABLE 20 RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 115
TABLE 21 RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET SIZE, BY REGION, 2019–2026 (THOUSAND UNITS) 116
6.2.1.1 Computed radiography systems 116
6.2.1.1.1 Computed radiography systems to account for the largest share of the veterinary x-ray segment in 2020 116
TABLE 22 LEADING COMPUTED RADIOGRAPHY SYSTEMS AVAILABLE IN
THE MARKET (2020) 117
TABLE 23 COMPUTED RADIOGRAPHY SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 118
TABLE 24 GLOBAL COMPUTED RADIOGRAPHY SYSTEMS MARKET SIZE, BY REGION, 2019–2026 (THOUSAND UNITS) 119
6.2.1.2 Direct radiography systems 119
6.2.1.2.1 Direct radiography systems to be the fastest-growing technology segment during the forecast period 119
TABLE 25 LEADING DIRECT RADIOGRAPHY SYSTEMS AVAILABLE IN THE MARKET (2020) 120
TABLE 26 DIRECT RADIOGRAPHY SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 120
TABLE 27 DIRECT RADIOGRAPHY SYSTEMS MARKET SIZE, BY REGION,
2019–2026 (THOUSAND UNITS) 121
6.2.1.3 Film-based radiography systems 121
6.2.1.3.1 Demand for film-based radiography systems to be high emerging markets due to cost-effectiveness 121
TABLE 28 LEADING MANUFACTURERS IN THE FILM-BASED RADIOGRAPHY
MARKET (2020) 121
TABLE 29 FILM-BASED RADIOGRAPHY SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 122
TABLE 30 FILM-BASED RADIOGRAPHY SYSTEMS MARKET SIZE, BY REGION,
2019–2026 (THOUSAND UNITS) 122
6.2.2 ULTRASOUND IMAGING SYSTEMS 123
TABLE 31 ULTRASOUND IMAGING SYSTEMS MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 123
TABLE 32 ULTRASOUND IMAGING SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 124
6.2.2.1 2D Ultrasound Imaging Systems 125
6.2.2.1.1 2d ultrasound segment to account for the largest share of the veterinary ultrasound market 125
TABLE 33 LEADING MANUFACTURERS IN THE 2D ULTRASOUND
SCANNERS MARKET (2020) 125
TABLE 34 2D ULTRASOUND IMAGING SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 126
TABLE 35 2D ULTRASOUND IMAGING SYSTEMS MARKET SIZE, BY REGION,
2019–2026 (THOUSAND UNITS) 126
6.2.2.2 3D/4D Ultrasound Imaging Systems 127
6.2.2.2.1 3d/4d technology to provide data regarding pregnancy status, birth prediction and improves the diagnostic confidence 127
TABLE 36 LEADING MANUFACTURERS IN THE 3D/4D ULTRASOUND IMAGING SYSTEMS MARKET (2020) 127
TABLE 37 3D/4D ULTRASOUND IMAGING SYSTEMS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 128
6.2.2.3 Doppler ultrasound imaging systems 128
6.2.2.3.1 Color doppler to be used in veterinary sonography evaluations 128
TABLE 38 LEADING MANUFACTURERS IN THE DOPPLER ULTRASOUND IMAGING SYSTEMS MARKET (2020) 129
TABLE 39 DOPPLER ULTRASOUND IMAGING SYSTEMS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 130
6.2.3 COMPUTED TOMOGRAPHY IMAGING SYSTEMS 130
TABLE 40 LEADING MANUFACTURERS IN THE COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET 131
TABLE 41 COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION) 132
TABLE 42 COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 133
6.2.3.1 Multi-slice computed tomography (CT) systems 133
6.2.3.1.1 Multi-slice CT systems segment to account for the largest share of the veterinary CT systems market in 2020 133
TABLE 43 LEADING MANUFACTURERS IN THE MULTI-SLICE COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET (2020) 134
TABLE 44 MULTI-SLICE COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 135
6.2.3.2 Portable computed tomography systems 135
6.2.3.2.1 Increasing adoption of portable CT systems for mobile or ambulatory veterinary diagnosis to drive market growth 135
TABLE 45 LEADING MANUFACTURERS IN THE PORTABLE COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET (2020) 136
TABLE 46 PORTABLE COMPUTED TOMOGRAPHY IMAGING SYSTEMS MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION) 137
6.2.4 VIDEO ENDOSCOPY IMAGING SYSTEMS 137
6.2.4.1 Recent technological advancements in video endoscope imaging to drive the growth of this segment 137
TABLE 47 LEADING MANUFACTURERS IN THE VIDEO ENDOSCOPY
IMAGING MARKET (2020) 138
TABLE 48 VIDEO ENDOSCOPY IMAGING SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 139
6.2.5 MAGNETIC RESONANCE IMAGING SYSTEMS 139
6.2.5.1 Lack of radiation exposure and increased demand for mobile imaging to boost the adoption of MRI systems 139
TABLE 49 LEADING MANUFACTURERS IN THE MAGNETIC RESONANCE IMAGING SYSTEMS MARKET (2020) 140
TABLE 50 MAGNETIC RESONANCE IMAGING SYSTEMS MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 141
6.2.6 OTHER IMAGING SYSTEMS 141
TABLE 51 LEADING MANUFACTURERS IN THE OTHER IMAGING
SYSTEMS MARKET (2020) 142
TABLE 52 OTHER IMAGING SYSTEMS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 143
6.3 VETERINARY IMAGING REAGENTS 143
TABLE 53 VETERINARY IMAGING REAGENTS MARKET SIZE, BY TYPE,
2019–2026 (USD MILLION) 144
TABLE 54 VETERINARY IMAGING REAGENTS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 144
6.3.1 X-RAY AND CT CONTRAST REAGENTS 145
6.3.1.1 Growing need for neurology applications to boost the demand for x-ray and CT contrast reagents 145
TABLE 55 X-RAY AND CT CONTRAST REAGENTS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 146
6.3.2 MRI CONTRAST REAGENTS 146
6.3.2.1 MRI contrast reagents to enhance the visibility of internal structures of a body during MRI scans 146
TABLE 56 MRI CONTRAST REAGENTS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 147
6.3.3 ULTRASOUND CONTRAST REAGENTS 147
6.3.3.1 Ultrasound contrast reagents to enhance the therapeutic applications of ultrasound in cardiology 147
TABLE 57 ULTRASOUND CONTRAST REAGENTS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 148
6.4 VETERINARY IMAGING SOFTWARE 149
6.4.1 IMPROVED PRODUCTIVITY AND STREAMLINED WORKFLOWS TO DRIVE THE ADOPTION OF VETERINARY SOFTWARE 149
TABLE 58 LEADING MANUFACTURERS IN THE VETERINARY IMAGING SOFTWARE MARKET (2020) 149
TABLE 59 VETERINARY IMAGING SOFTWARE MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 150
7 GLOBAL VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA 151
7.1 INTRODUCTION 152
TABLE 60 VETERINARY IMAGING MARKET SIZE, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 152
7.2 ORTHOPEDICS AND TRAUMATOLOGY 152
7.2.1 INCREASING PREVALENCE OF ARTHRITIS, LAMENESS DISEASES, AND JOINT DISORDERS IN LIVESTOCK AND COMPANION ANIMALS TO DRIVE THE ADOPTION OF TECHNOLOGICAL ADVANCED IMAGING MODALITIES 152
TABLE 61 IMAGING MODALITIES AVAILABLE FOR VETERINARY ORTHOPEDICS AND TRAUMATOLOGY 153
TABLE 62 VETERINARY IMAGING MARKET SIZE FOR ORTHOPEDICS AND TRAUMATOLOGY, BY COUNTRY, 2019–2026 (USD MILLION) 155
7.3 OBSTETRICS & GYNECOLOGY 155
7.3.1 ULTRASOUND TO BE USED FOR OBSTETRICS AND GYNECOLOGICAL EXAMINATIONS IN ANIMALS 155
TABLE 63 VETERINARY IMAGING MARKET SIZE FOR OBSTETRICS & GYNECOLOGY,
BY COUNTRY, 2019–2026 (USD MILLION) 156
7.4 ONCOLOGY 157
7.4.1 INCREASING PREVALENCE OF CANCER IN COMPANION ANIMALS TO AID MARKET GROWTH 157
TABLE 64 VETERINARY IMAGING MARKET SIZE FOR ONCOLOGY, BY COUNTRY,
2019–2026 (USD MILLION) 158
7.5 CARDIOLOGY 158
7.5.1 GROWTH IN THE AGING PET POPULATION AND OBESITY TO DRIVE THE PREVALENCE OF CARDIOVASCULAR DISEASES IN ANIMALS 158
TABLE 65 VETERINARY IMAGING MARKET SIZE FOR CARDIOLOGY, BY COUNTRY,
2019–2026 (USD MILLION) 160
7.6 NEUROLOGY 160
7.6.1 INCREASING INCIDENCE OF BRAIN DISORDERS COUPLED WITH GROWING AWARENESS ABOUT COMPANION ANIMAL HEALTH TO DRIVE MARKET GROWTH 160
TABLE 66 VETERINARY IMAGING MARKET SIZE FOR NEUROLOGY, BY COUNTRY,
2019–2026 (USD MILLION) 161
7.7 DENTISTRY 162
7.7.1 INCREASING PREVALENCE OF DENTAL DISEASES IN ANIMALS TO DRIVE THE ADOPTION OF RADIOGRAPHY SYSTEMS 162
TABLE 67 KEY VETERINARY DENTAL X-RAY PRODUCTS AVAILABLE IN THE MARKET 162
TABLE 68 VETERINARY IMAGING MARKET SIZE FOR DENTISTRY, BY COUNTRY,
2019–2026 (USD MILLION) 163
7.8 OTHER THERAPEUTIC AREAS 163
TABLE 69 VETERINARY Y IMAGING MARKET SIZE FOR OTHER THERAPEUTIC AREAS,
BY COUNTRY, 2019–2026 (USD MILLION) 164
8 GLOBAL VETERINARY IMAGING MARKET, BY ANIMAL TYPE 165
8.1 INTRODUCTION 166
TABLE 70 VETERINARY IMAGING MARKET SIZE, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 166
8.2 SMALL COMPANION ANIMALS 166
8.2.1 RISING POPULATION OF SMALL COMPANION ANIMALS, ALONG WITH INCREASING PET CARE EXPENDITURE AND ADOPTION OF PET INSURANCE TO DRIVE MARKET GROWTH 166
TABLE 71 POPULATION OF SMALL COMPANION ANIMALS, BY COUNTRY,
2012–2018 (MILLION) 167
TABLE 72 VETERINARY IMAGING MARKET SIZE FOR SMALL COMPANION ANIMALS,
BY COUNTRY, 2019–2026 (USD MILLION) 168
8.3 LARGE ANIMALS 168
8.3.1 GROWING DEMAND FOR ACCURATE IMAGING AND DIAGNOSIS OF DISEASES IN LARGE ANIMALS TO AID MARKET GROWTH 168
TABLE 73 POPULATION OF LARGE ANIMALS IN THE US, 2010 TO 2018 (MILLION) 169
TABLE 74 VETERINARY IMAGING MARKET SIZE FOR LARGE ANIMALS, BY COUNTRY, 2019–2026 (USD MILLION) 170
8.4 OTHER ANIMALS 170
TABLE 75 VETERINARY IMAGING MARKET SIZE FOR OTHER ANIMALS, BY COUNTRY, 2019–2026 (USD MILLION) 171
9 GLOBAL VETERINARY IMAGING MARKET, BY END USER 172
9.1 INTRODUCTION 173
TABLE 76 VETERINARY IMAGING MARKET SIZE, BY END USER,
2019–2026 (USD MILLION) 173
9.2 VETERINARY CLINICS AND DIAGNOSTIC CENTERS 173
9.2.1 VETERINARY CLINICS AND DIAGNOSTIC CENTERS TO BE THE LARGEST END USER OF VETERINARY MONITORING EQUIPMENT 173
TABLE 77 GLOBAL NUMBER OF VETERINARY PRIVATE CLINICAL PRACTICES
(2010 TO 2018) 174
TABLE 78 VETERINARY IMAGING MARKET SIZE FOR VETERINARY CLINICS AND DIAGNOSTIC CENTERS, BY COUNTRY, 2019–2026 (USD MILLION) 175
9.3 VETERINARY HOSPITALS AND ACADEMIC INSTITUTIONS 176
9.3.1 INCREASE IN PET CARE EXPENDITURE TO STIMULATE THE GROWTH 176
TABLE 79 VETERINARY IMAGING MARKET SIZE FOR VETERINARY HOSPITALS AND ACADEMIC INSTITUTIONS, BY COUNTRY, 2019–2026 (USD MILLION) 177
10 GLOBAL VETERINARY IMAGING MARKET, BY REGION 178
10.1 INTRODUCTION 179
FIGURE 41 VETERINARY IMAGING MARKET: GEOGRAPHIC SNAPSHOT 179
TABLE 80 VETERINARY IMAGING MARKET, BY REGION, 2019–2026 (USD MILLION) 180
10.2 NORTH AMERICA 180
FIGURE 42 NORTH AMERICA: VETERINARY IMAGING MARKET SNAPSHOT 181
TABLE 81 NORTH AMERICA: VETERINARY IMAGING MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 181
TABLE 82 NORTH AMERICA: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 182
TABLE 83 NORTH AMERICA: VETERINARY INSTRUMENTS MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 182
TABLE 84 NORTH AMERICA: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 183
TABLE 85 NORTH AMERICA: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 183
TABLE 86 NORTH AMERICA: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 184
TABLE 87 NORTH AMERICA: VETERINARY IMAGING REAGENTS MARKET, BY TYPE, 2019–2026 (USD MILLION) 184
TABLE 88 NORTH AMERICA: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 185
TABLE 89 NORTH AMERICA: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA, 2019–2026 (USD MILLION) 185
TABLE 90 NORTH AMERICA: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 186
10.2.1 US 186
10.2.1.1 US to dominate the North American veterinary imaging
market in 2020 186
FIGURE 43 US: EXPENDITURE ON VET VISITS 187
TABLE 91 HEALTHCARE EXPENDITURE ON COMPANION ANIMALS, 2018 VS 2020 187
FIGURE 44 US: NUMBER OF VETERINARIANS (2016-2020) 187
TABLE 92 US: FOOD-PRODUCING ANIMAL POPULATION, 2001 VS 2019 (MILLION) 188
TABLE 93 US: NUMBER OF VETERINARIANS IN PRIVATE CLINICAL PRACTICES,
2016 TO 2020 188
TABLE 94 US: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 189
TABLE 95 US: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 189
TABLE 96 US: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 190
TABLE 97 US: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 190
TABLE 98 US: VETERINARY CT SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 99 US: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 191
TABLE 100 US: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 191
TABLE 101 US: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 192
TABLE 102 US: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 192
10.2.2 CANADA 192
10.2.2.1 Slow economic growth in Canada to affect its share in the North American Market 192
TABLE 103 CANADA: FOOD-PRODUCING ANIMAL POPULATION,
2001 VS 2019 (MILLION) 193
TABLE 104 CANADA: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 193
TABLE 105 CANADA: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 194
TABLE 106 CANADA: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 194
TABLE 107 CANADA: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 195
TABLE 108 CANADA: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 195
TABLE 109 CANADA: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 196
TABLE 110 CANADA: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 196
TABLE 111 CANADA: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 197
TABLE 112 CANADA: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 197
10.3 EUROPE 198
FIGURE 45 EUROPE: VETERINARY IMAGING MARKET SNAPSHOT 199
TABLE 113 EUROPE: VETERINARY IMAGING MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 200
TABLE 114 EUROPE: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 200
TABLE 115 EUROPE: VETERINARY INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 201
TABLE 116 EUROPE: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 201
TABLE 117 EUROPE: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 202
TABLE 118 EUROPE: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 202
TABLE 119 EUROPE: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 202
TABLE 120 EUROPE: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 203
TABLE 121 EUROPE: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 203
TABLE 122 EUROPE: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 204
10.3.1 GERMANY 204
10.3.1.1 Germany to be the fastest-growing market for veterinary imaging systems in Europe 204
TABLE 123 GERMANY: PET POPULATION, 2017 VS. 2020 (MILLION) 204
TABLE 124 GERMANY: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 205
TABLE 125 GERMANY: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 205
TABLE 126 GERMANY: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 206
TABLE 127 GERMANY: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 206
TABLE 128 GERMANY: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 207
TABLE 129 GERMANY: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 207
TABLE 130 GERMANY: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 207
TABLE 131 GERMANY: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 208
TABLE 132 GERMANY: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 208
10.3.2 UK 208
10.3.2.1 Increasing pet ownership to drive market growth in the UK 208
TABLE 133 UK: PET POPULATION, 2017 TO 2020 (MILLION) 209
TABLE 134 UK: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 209
TABLE 135 UK: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 210
TABLE 136 UK: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 210
TABLE 137 UK: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 211
TABLE 138 UK: VETERINARY CT SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 211
TABLE 139 UK: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 211
TABLE 140 UK: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 212
TABLE 141 UK: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 212
TABLE 142 UK: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 213
10.3.3 FRANCE 213
10.3.3.1 Technological advancements to provide attractive growth opportunities for market players to invest in the country 213
TABLE 143 FRANCE: PET POPULATION, 2017 TO 2020 (MILLION) 213
TABLE 144 FRANCE: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 214
TABLE 145 FRANCE: VETERINARY IMAGING INSTRUMENTS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 214
TABLE 146 FRANCE: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 215
TABLE 147 FRANCE: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 215
TABLE 148 FRANCE: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 216
TABLE 149 FRANCE: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 216
TABLE 150 FRANCE: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 216
TABLE 151 FRANCE: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 217
TABLE 152 FRANCE: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 217
10.3.4 ITALY 217
10.3.4.1 Increasing livestock population and growing awareness of animal health to generate high demand for imaging systems 217
TABLE 153 ITALY: FOOD-PRODUCING ANIMAL POPULATION, 2001 VS 2019 (MILLION) 218
TABLE 154 ITALY: PET POPULATION, 2017 TO 2020 (MILLION) 218
TABLE 155 ITALY: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 218
TABLE 156 ITALY: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 219
TABLE 157 ITALY: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 219
TABLE 158 ITALY: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 220
TABLE 159 ITALY: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 220
TABLE 160 ITALY: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 220
TABLE 161 ITALY: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 221
TABLE 162 ITALY: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 221
TABLE 163 ITALY: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 222
10.3.5 SPAIN 222
10.3.5.1 Increasing animal healthcare expenditure to drive market growth 222
TABLE 164 SPAIN: FOOD-PRODUCING ANIMAL POPULATION, 2001 VS 2019 (MILLION) 223
TABLE 165 SPAIN: PET POPULATION, 2017 TO 2020 (MILLION) 223
TABLE 166 SPAIN: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 223
TABLE 167 SPAIN: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 224
TABLE 168 SPAIN: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 224
TABLE 169 SPAIN: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 225
TABLE 170 SPAIN: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 225
TABLE 171 SPAIN: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 225
TABLE 172 SPAIN: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 226
TABLE 173 SPAIN: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 226
TABLE 174 SPAIN: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 227
10.3.6 BENELUX 227
10.3.6.1 Increase in the pet population to drive market growth 227
TABLE 175 BENELUX: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 228
TABLE 176 BENELUX: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 228
TABLE 177 BENELUX: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 229
TABLE 178 BENELUX: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 229
TABLE 179 BENELUX: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 230
TABLE 180 BENELUX: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 230
TABLE 181 BENELUX: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 230
TABLE 182 BENELUX: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 231
TABLE 183 BENELUX: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 231
10.3.7 REST OF EUROPE 231
TABLE 184 ROE: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 232
TABLE 185 ROE: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 232
TABLE 186 ROE: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 233
TABLE 187 ROE: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 233
TABLE 188 ROE: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 234
TABLE 189 ROE: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 234
TABLE 190 ROE: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 234
TABLE 191 ROE: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 235
TABLE 192 ROE: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 235
10.4 ASIA PACIFIC 235
FIGURE 46 ASIA PACIFIC: VETERINARY IMAGING MARKET SNAPSHOT 236
TABLE 193 APAC: VETERINARY IMAGING MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 237
TABLE 194 APAC: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 237
TABLE 195 APAC: VETERINARY INSTRUMENTS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 238
TABLE 196 APAC: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 238
TABLE 197 APAC: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 239
TABLE 198 APAC: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 239
TABLE 199 APAC: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 239
TABLE 200 APAC: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 240
TABLE 201 APAC: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 240
TABLE 202 APAC: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 241
10.4.1 CHINA 241
10.4.1.1 China to dominate the APAC veterinary imaging market 241
TABLE 203 CHINA: FOOD-PRODUCING ANIMAL POPULATION, 2010 VS 2019 (MILLION) 242
TABLE 204 CHINA: VETERINARY IMAGING MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 242
TABLE 205 CHINA: VETERINARY IMAGING INSTRUMENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 243
TABLE 206 CHINA: VETERINARY RADIOGRAPHY (X-RAY) IMAGING SYSTEMS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 243
TABLE 207 CHINA: VETERINARY ULTRASOUND IMAGING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 244
TABLE 208 CHINA: VETERINARY CT SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 244
TABLE 209 CHINA: VETERINARY IMAGING REAGENTS MARKET, BY TYPE,
2019–2026 (USD MILLION) 244
TABLE 210 CHINA: VETERINARY IMAGING MARKET, BY ANIMAL TYPE,
2019–2026 (USD MILLION) 245
TABLE 211 CHINA: VETERINARY IMAGING MARKET, BY THERAPEUTIC AREA,
2019–2026 (USD MILLION) 245
TABLE 212 CHINA: VETERINARY IMAGING MARKET, BY END USER,
2019–2026 (USD MILLION) 246

Lateral Flow Assay Components Market by Type, Application Type (Clinical Testing (Infectious, Cardiac Marker Test) Veterinary, Food Safety), Technique...

Publisher:        MarketsandMarkets

# of Pages:        224

Rating: 

1 User License $4,950

Publication Date:  April, 2022

Price:       $4,950 / User License




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

US Healthcare Environmental Services Market by Type (Janitorial/Core-Cleaning, Infection Control & Prevention, Front-of-house cleaning & Brand Experie...

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1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION & SCOPE 15
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 16
1.2.2 MARKET SEGMENTATION 16
FIGURE 1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET SEGMENTATION 16
1.2.3 YEARS CONSIDERED FOR THE STUDY 17
1.3 CURRENCY 17
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 17
1.4 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH APPROACH 19
FIGURE 2 RESEARCH DESIGN 19
2.1.1 SECONDARY RESEARCH 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY RESEARCH 21
FIGURE 3 PRIMARY SOURCES 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Insights from primary experts 23
2.1.2.3 Breakdown of primary interviews 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE (SUPPLY & DEMAND SIDE) AND DESIGNATION 24
2.2 MARKET SIZE ESTIMATION 25
FIGURE 5 MARKET SIZE APPROACH – REVENUE SHARE ANALYSIS 25
FIGURE 6 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 26
FIGURE 7 DEMAND-SIDE APPROACH 28
2.3 DATA TRIANGULATION 29
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
2.4 MARKET RANKING ANALYSIS 30
2.5 ASSUMPTIONS FOR THE STUDY 30
2.6 LIMITATIONS 31
2.6.1 METHODOLOGY-RELATED LIMITATIONS 31
2.6.2 SCOPE-RELATED LIMITATIONS 31
2.7 RISK ASSESSMENT 31
TABLE 2 RISK ASSESSMENT: US HEALTHCARE ENVIRONMENTAL SERVICES MARKET 31
 
3 EXECUTIVE SUMMARY 32
FIGURE 9 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 32
FIGURE 10 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET,
BY FACILITY TYPE, 2021 VS. 2026 (USD MILLION) 33
4 PREMIUM INSIGHTS 34
4.1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET OVERVIEW 34
FIGURE 11 STRINGENT REGULATORY GUIDELINES ON INFECTION CONTROL & PREVENTION METHODS IS A KEY FACTOR DRIVING THE MARKET GROWTH 34
4.2 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE AND FACILITY TYPE 35
FIGURE 12 JANITORIAL/CORE-CLEANING SERVICES ACCOUNTED FOR THE LARGEST SHARE OF THE US HEALTHCARE ENVIRONMENTAL SERVICES
MARKET IN 2020 35
4.3 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE (2021–2026) 36
FIGURE 13 ACUTE CARE FACILITIES TO DOMINATE THE US HEALTHCARE ENVIRONMENTAL SERVICES MARKET DURING THE FORECAST PERIOD 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 37
TABLE 3 MARKET DYNAMICS: HEALTHCARE ENVIRONMENTAL SERVICES MARKET 37
5.2.1 MARKET DRIVERS 38
5.2.1.1 Increasing prevalence of Hospital-acquired infections (HAIs) 38
5.2.1.2 Rising number of hospital admissions and surgeries 39
TABLE 4 US: PERCENTAGE INCREASE IN THE NUMBER OF SURGERIES PERFORMED 39
FIGURE 14 TOTAL ADMISSIONS IN ALL US HOSPITALS 40
FIGURE 15 TOTAL NUMBER OF HOSPITALS IN THE US 40
5.2.1.3 Shortage of in-house expertise and the rising need to reduce healthcare costs 41
5.2.1.4 Increasing outsourcing of cleaning services 41
5.2.2 MARKET RESTRAINTS 41
5.2.2.1 Healthcare facilities with an in-house EVS department 41
5.2.3 MARKET OPPORTUNITIES 42
5.2.3.1 Sustained acquisitions among strategic & financial buyers 42
TABLE 5 COMPANY ACQUISITIONS 42
5.2.4 MARKET CHALLENGES 42
5.2.4.1 Noncompliance with cleaning standards by EVS providers 42
5.3 INDUSTRY TRENDS 43
5.3.1 EMERGENCE OF NEW SURFACE DISINFECTANTS &
GREEN CLEANING PRODUCTS 43
5.3.2 DISINFECTION ROBOTS 44
5.3.3 MONITORING TOOLS FOR CLEANING QUALITY ASSESSMENT 44
5.4 TECHNOLOGY ANALYSIS 45
TABLE 6 TECHNOLOGY INNOVATION IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 45
5.5 PATENT ANALYSIS 45
5.5.1 PATENT PUBLICATION TRENDS FOR HEALTHCARE ENVIRONMENTAL SERVICES 46
FIGURE 16 PATENT PUBLICATION TRENDS (JANUARY 2011–DECEMBER 2021) 46
5.5.2 JURISDICTION AND TOP APPLICANT ANALYSIS 47
FIGURE 17 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 47
FIGURE 18 TOP APPLICANT COUNTRIES/REGIONS FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 48
TABLE 7 LIST OF PATENTS/PATENT APPLICATIONS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET, 2020–2021 48
5.6 IMPACT OF COVID-19 ON THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 50
6 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE 51
6.1 INTRODUCTION 52
TABLE 8 US: HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 52
6.2 JANITORIAL SERVICES/CORE-CLEANING SERVICES 52
6.2.1 MANDATORY REGULAR CLEANING AND DISINFECTION OF HEALTHCARE FACILITIES TO DRIVE THE MARKET GROWTH 52
6.3 INFECTION PREVENTION & CONTROL SERVICES 53
TABLE 9 US: INFECTION PREVENTION & CONTROL SERVICE MARKET, BY TYPE,
2019–2026 (USD MILLION) 53
6.3.1 SPECIALIZED CLEANING SERVICES 53
6.3.1.1 Rising adoption of specialized services to reduce HAIs to drive the market growth 53
6.3.2 INFECTION PREVENTION & CONTROL CONSULTATION SERVICES 53
6.3.2.1 The provision of customized environmental services specific
to a healthcare facility ensures market demand 53
6.4 ENHANCED CLEANING TECHNOLOGY 54
6.4.1 RISING DEMAND FOR ADVANCED CLEANING SOLUTIONS TO DRIVE THE SEGMENT GROWTH 54
TABLE 10 EXAMPLES OF COMPANIES PROVIDING TECHNOLOGY & INNOVATION IN HEALTHCARE EVS 54
6.5 FRONT-OF-HOUSE CLEANING AND BRAND EXPERIENCE 56
6.5.1 RISING AWARENESS TOWARDS A CLEAN AND SAFE ENVIRONMENT DURING PANDEMICS TO SUSTAIN THE MARKET GROWTH 56
6.6 OTHER SERVICES 56
 
7 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE 57
7.1 INTRODUCTION 58
FIGURE 19 STATES WITH THE HIGHEST NUMBER OF COVID-19 ADMISSIONS
(FEBRUARY 2022) 58
TABLE 11 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE, 2019–2026 (USD MILLION) 59
7.2 ACUTE-CARE FACILITIES 59
TABLE 12 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR ACUTE-CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 59
7.2.1 ACUTE HOSPITALS 60
7.2.1.1 Increasing hospital admissions due to COVID-19 and the rising prevalence of HAIs propel the market growth 60
FIGURE 20 NUMBER OF HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS
IN THE US (2020) 60
FIGURE 21 HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS IN THE US (2020) 61
FIGURE 22 HAIS REPORTED BY CRITICAL ACCESS HOSPITALS (CAHS) IN THE US (2018) 61
7.2.2 MILITARY TREATMENT FACILITY 61
7.2.2.1 The increasing number of military ambulatory health services & funding to drive the market growth 61
FIGURE 23 MILITARY HEALTH SYSTEMS FACILITIES IN THE US (2021) 62
7.2.3 CHILDREN’S HOSPITALS 62
7.2.3.1 Rising cases of COVID-19 and infection-related mortality rates among children drive the market growth 62
7.2.4 AMBULATORY SURGERY CENTERS (ASCS) 63
7.2.4.1 ASCs save time and reduce the risk of HAIS; key factor driving the market growth 63
FIGURE 24 US SURGERY CASES BY SETTING: ASC VS. HOPD (2005-2020) 64
7.2.5 ACADEMIC MEDICAL CENTERS (AMCS) 64
7.2.5.1 Healthcare capacity expansion during COVID-19 drives the adoption of healthcare environmental services in AMCs 64
7.3 POST-ACUTE CARE FACILITIES 64
TABLE 13 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR POST-ACUTE CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 65
7.3.1 LONG-TERM ACUTE HOSPITALS (LTACH) 65
7.3.1.1 Increasing risk of infection due to prolonged hospital stays to drive the market growth 65
7.3.2 SKILLED NURSING FACILITIES (SNF) 66
7.3.2.1 Increasing admissions of elderly people in skilled nursing facilities to drive the market growth 66
7.3.3 OTHER POST-ACUTE CARE FACILITIES 66
7.4 NON-ACUTE CARE FACILITIES 67
TABLE 14 US: ENVIRONMENTAL SERVICES MARKET FOR NON-ACUTE CARE SETTINGS, BY TYPE, 2019–2026 (USD MILLION) 67
7.4.1 PHYSICIAN’S OFFICES AND CLINICS 67
7.4.1.1 High patient traffic leads to continuous cleaning & maintenance to drive the market growth 67
7.4.2 OTHER NON-ACUTE CARE FACILITIES 68
FIGURE 25 DISTRIBUTION OF INDUSTRY MEDICAL AND HEALTH R&D INVESTMENTS,
BY SEGMENT (2020) 68
8 COMPETITIVE LANDSCAPE 70
8.1 OVERVIEW 70
8.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 70
8.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 71
8.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 72
8.4 MARKET RANKING ANALYSIS 73
FIGURE 27 US HEALTHCARE ENVIRONMENTAL SERVICE MARKET RANKING,
BY KEY PLAYER, 2020 73
8.5 COMPETITIVE BENCHMARKING 75
TABLE 15 FOOTPRINT OF COMPANIES IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 75
TABLE 16 SERVICE FOOTPRINT OF COMPANIES 76
TABLE 17 END-USER FOOTPRINT OF COMPANIES 77
8.6 COMPETITIVE LEADERSHIP MAPPING 77
8.6.1 STARS 78
8.6.2 EMERGING LEADERS 78
8.6.3 PERVASIVE PLAYERS 78
8.6.4 PARTICIPANTS 78
FIGURE 28 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET:
COMPETITIVE LEADERSHIP MAPPING (2021) 79
8.7 COMPETITIVE SCENARIO 80
8.7.1 SERVICE APPROVALS/ENHANCEMENTS 80
8.7.2 DEALS 81
TABLE 19 DEALS, 2018–2022 81
8.7.3 OTHER DEVELOPMENTS 82
9 COMPANY PROFILES 83
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
9.1 SODEXO GLOBAL 83
TABLE 21 SODEXO GLOBAL: BUSINESS OVERVIEW 83
FIGURE 29 SODEXO GLOBAL: COMPANY SNAPSHOT (2021) 84
9.2 COMPASS GROUP (CROTHALL HEALTHCARE (US)) 87
TABLE 22 COMPASS GROUP: BUSINESS OVERVIEW 87
FIGURE 30 COMPASS GROUP: COMPANY SNAPSHOT (2021) 88
 
9.3 ARAMARK CORPORATION 90
TABLE 23 ARAMARK CORPORATION: BUSINESS OVERVIEW 90
FIGURE 31 ARAMARK CORPORATION: COMPANY SNAPSHOT (2021) 91
9.4 HOSPITAL HOUSEKEEPING SYSTEMS (HHS) (US) 94
TABLE 24 HOSPITAL HOUSEKEEPING SYSTEMS (HHS): BUSINESS OVERVIEW 94
9.5 HEALTHCARE SERVICES GROUP, INC. 97
TABLE 25 HEALTHCARE SERVICES GROUP, INC.: BUSINESS OVERVIEW 97
FIGURE 32 HEALTHCARE SERVICES GROUP: COMPANY SNAPSHOT (2020) 98
9.6 ABM INDUSTRIES INCORPORATED 100
TABLE 26 ABM INDUSTRIES INCORPORATED: BUSINESS OVERVIEW 100
FIGURE 33 ABM INDUSTRIES INCORPORATED: COMPANY SNAPSHOT (2020) 101
9.7 OCTOCLEAN 103
TABLE 27 OCTOCLEAN: BUSINESS OVERVIEW 103
9.8 SERVICEMASTER CLEAN (SERVICEMASTER TBS) 105
TABLE 28 SERVICEMASTER CLEAN.: BUSINESS OVERVIEW 105
9.9 CORVUS JANITORIAL SYSTEMS 107
TABLE 29 CORVUS JANITORIAL SYSTEMS: BUSINESS OVERVIEW 107
9.10 BRAVO! BUILDING SERVICES 109
TABLE 30 BRAVO! BUILDING SERVICES: BUSINESS OVERVIEW 109
9.11 POWERLINK ENVIRONMENTAL SERVICES, LLC 111
TABLE 31 POWERLINK ENVIRONMENTAL SERVICES, LLC: BUSINESS OVERVIEW 111
9.12 JANI-KING INTERNATIONAL, INC. 112
TABLE 32 JANI- KING INTERNATIONAL, INC: BUSINESS OVERVIEW 112
9.13 AVI FOOD SYSTEMS(US) 114
TABLE 33 AVI FOOD SYTEMS, INC.: BUSINESS OVERVIEW 114
9.14 SERVICON 115
TABLE 34 SERVICON: BUSINESS OVERVIEW 115
9.15 XANITOS, INC. 117
TABLE 35 XANITOS, INC.: BUSINESS OVERVIEW 117
9.16 STATHAKIS 119
TABLE 36 STATHAKIS: BUSINESS OVERVIEW 119
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
10 APPENDIX 120
10.1 INSIGHTS FROM INDUSTRY EXPERTS 120
10.2 DISCUSSION GUIDE 121
10.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 124
10.4 AVAILABLE CUSTOMIZATIONS 126
10.5 RELATED REPORTS 126
10.6 AUTHOR DETAILS 127