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Immunoassay Market by Product (Reagents & Kits, Analyzers), Technology (ELISA, IFA, Rapid Tests, Radio Immunoassay), Specimen (Blood, Saliva, Urine), ...

Publisher:        MarketsandMarkets

# of Pages:        398

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1 User License $4,950

Publication Date:  April, 2021

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1 INTRODUCTION 44
1.1 OBJECTIVES OF THE STUDY 44
1.2 MARKET DEFINITION 44
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 44
1.3 MARKET SCOPE 45
1.3.1 MARKETS COVERED 45
FIGURE 1 IMMUNOASSAY: MARKET SEGMENTATION 45
1.3.2 YEARS CONSIDERED FOR THE STUDY 46
1.4 CURRENCY 46
1.5 LIMITATIONS 46
1.6 STAKEHOLDERS 47
1.7 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 49
2.1.2 PRIMARY DATA 50
FIGURE 3 PRIMARY SOURCES 50
2.1.2.1 Key data from primary sources 51
2.1.2.2 Key industry insights 52
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 52
2.2 MARKET SIZE ESTIMATION 53
FIGURE 5 BOTTOM-UP APPROACH 53
FIGURE 6 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 54
FIGURE 7 TOP-DOWN APPROACH 55
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 56
FIGURE 8 DATA TRIANGULATION METHODOLOGY 56
2.4 MARKET SHARE ANALYSIS 57
2.5 ASSUMPTIONS FOR THE STUDY 57
2.6 COVID-19 ECONOMIC ASSESSMENT 58
2.7 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 58
FIGURE 9 CRITERIA IMPACTING THE GLOBAL ECONOMY 58
FIGURE 10 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 60
 
3 EXECUTIVE SUMMARY 61
FIGURE 11 IMMUNOASSAY MARKET, BY PRODUCT, 2021 VS. 2026 (USD BILLION) 61
FIGURE 12 IMMUNOASSAY MARKET, BY TECHNOLOGY, 2021 VS. 2026 (USD BILLION) 62
FIGURE 13 IMMUNOASSAY MARKET, BY SPECIMEN, 2021 VS. 2026 (USD BILLION) 63
FIGURE 14 IMMUNOASSAY MARKET, BY APPLICATION, 2021 VS. 2026 (USD BILLION) 64
FIGURE 15 IMMUNOASSAY MARKET, BY END USER, 2021 VS. 2026 (USD BILLION) 65
FIGURE 16 GEOGRAPHICAL SNAPSHOT OF THE IMMUNOASSAY MARKET 66
4 PREMIUM INSIGHTS 67
4.1 IMMUNOASSAY MARKET OVERVIEW 67
FIGURE 17 RISING DISEASE INCIDENCE AND TECHNOLOGICAL ADVANCEMENTS, THE KEY DRIVERS OF MARKET GROWTH 67
4.2 IMMUNOASSAY MARKET, BY PRODUCT (2021–2026) 68
FIGURE 18 REAGENTS & KITS TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 68
4.3 GEOGRAPHICAL SNAPSHOT OF THE IMMUNOASSAY MARKET 69
FIGURE 19 CHINA & INDIA TO WITNESS THE HIGHEST GROWTH RATES IN THE IMMUNOASSAY MARKET FROM 2021 TO 2026 69
4.4 GEOGRAPHIC MIX: IMMUNOASSAY MARKET 70
FIGURE 20 APAC TO WITNESS THE HIGHEST GROWTH IN THE FORECAST PERIOD 70
4.5 IMMUNOASSAY MARKET: DEVELOPED VS. DEVELOPING MARKETS 71
FIGURE 21 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH DURING THE FORECAST PERIOD 71
5 MARKET OVERVIEW 72
5.1 INTRODUCTION 72
5.2 MARKET DYNAMICS 72
FIGURE 22 IMMUNOASSAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 72
5.2.1 DRIVERS 73
5.2.1.1 Increasing incidence of chronic and infectious diseases, and growing awareness about early disease diagnosis 73
FIGURE 23 INCIDENCE OF DIABETES, BY REGION, 2019, 2030, AND 2045 73
TABLE 1 GLOBAL INCIDENCE OF INFECTIOUS DISEASES 74
5.2.1.1.1 Increasing use of immunoassays in oncology 74
TABLE 2 GLOBAL INCIDENCE OF THE TOP CANCERS IN MEN 75
TABLE 3 GLOBAL INCIDENCE OF THE TOP CANCERS IN WOMEN 75
5.2.1.1.2 Immunoassays for COVID-19 and other viral diagnostics 76
5.2.1.1.3 Immunoassays in drug detection and other diagnostic applications 76
TABLE 4 DETECTION OF DRUGS BY URINE TESTING 76
5.2.1.1.4 Growing geriatric population 77
FIGURE 24 GLOBAL AGING POPULATION, BY REGION, 2019 VS. 2050 (MILLION) 77
5.2.1.2 Advancements in systems and technologies 78
5.2.1.3 Growth in the biotechnology and biopharmaceutical industries 78
5.2.1.4 Increasing adoption of immunoassay-based POC testing and rapid testing 79
5.2.1.4.1 Increasing drug and alcohol abuse, stringent laws mandating drug and alcohol testing 79
5.2.2 RESTRAINTS 80
5.2.2.1 Stringent requirements for the approval of immunoassay instruments and consumables 80
5.2.2.2 Technical hurdles of immunoassay kits 81
5.2.3 OPPORTUNITIES 81
5.2.3.1 Growth opportunities in emerging economies 81
5.2.3.2 Importance of companion diagnostics in the immunoassay market 82
TABLE 5 COMPANION DIAGNOSTIC ASSAYS APPROVED AND LAUNCHED 82
5.2.3.3 Development of condition-specific biomarkers and tests 83
TABLE 6 NEW TESTS LAUNCHED BY KEY PLAYERS 83
5.2.3.4 Integration of microfluidics in immunoassays 84
5.2.3.5 Improving immunoassay diagnostics technologies 84
5.2.4 CHALLENGES 84
5.2.4.1 Design challenges, complexities, and the quality of antibodies 84
5.2.4.2 The dearth of skilled professionals 84
5.2.4.3 Unfavorable reimbursement scenario 85
5.2.4.4 Financial hurdles faced by the physicians 85
5.3 COVID-19 IMPACT ON THE IMMUNOASSAY MARKET 85
FIGURE 25 KEY PLAYERS: REVENUE IMPACT 86
5.4 REGULATORY OVERVIEW 87
5.4.1 US 87
TABLE 7 US: CLASSIFICATION OF IMMUNOASSAY PRODUCTS 88
FIGURE 26 US: REGULATORY PROCESS FOR IVD DEVICES 88
5.4.2 CANADA 89
FIGURE 27 CANADA: REGULATORY PROCESS FOR IVD DEVICES IN CANADA 89
5.4.3 EUROPE 89
TABLE 8 EUROPE: CLASSIFICATION OF IVD DEVICES 89
5.4.3.1 Europe: Regulatory Process for IVD Devices 90
5.4.4 JAPAN 91
5.4.4.1 Japan: Regulatory Process for IVD Devices 91
TABLE 9 JAPAN: CLASSIFICATION OF IVD REAGENTS IN JAPAN 91
TABLE 10 JAPAN: TIME, COST, AND COMPLEXITY OF REGISTRATION PROCESS 92
5.4.5 CHINA 92
TABLE 11 CHINA: TIME, COST, AND COMPLEXITY OF REGISTRATION PROCESS 92
5.4.6 INDIA 93
5.4.6.1 India: Regulatory Process for IVD Devices 93
5.4.7 INDONESIA 94
TABLE 12 INDONESIA: REGISTRATION PROCESS FOR IVD DEVICES 94
5.4.8 RUSSIA 94
TABLE 13 RUSSIA: CLASSIFICATION OF IVD DEVICES 95
5.4.9 SAUDI ARABIA 95
TABLE 14 SAUDI ARABIA: TIME, COST, AND COMPLEXITY OF REGISTRATION PROCESS 95
5.4.10 MEXICO 96
5.4.10.1 Mexico: Regulatory Process for IVD Devices 96
TABLE 15 MEXICO: TIME, COST, AND COMPLEXITY OF REGISTRATION PROCESS 96
5.4.11 BRAZIL 97
5.4.11.1 Brazil: Regulatory Process for IVD Devices 97
5.4.12 SOUTH KOREA 98
TABLE 16 SOUTH KOREA: TIME, COST, AND COMPLEXITY OF REGISTRATION PROCESS 98
5.5 TECHNOLOGY ANALYSIS 98
TABLE 17 CONVENTIONAL IMMUNOASSAYS METHODS AND TECHNIQUES 98
TABLE 18 RECENT PRODUCT LAUNCHES WITH ADVANCED TECHNOLOGIES IN THE IMMUNOASSAY MARKET 99
5.6 PRICING ANALYSIS 99
5.6.1 AVERAGE SELLING PRICE 99
TABLE 19 IMMUNOASSAY: AVERAGE SELLING PRICE IN 2021 99
5.7 TRADE ANALYSIS 100
5.7.1 TRADE ANALYSIS FOR IMMUNOASSAYS 100
TABLE 20 IMPORT DATA FOR INSTRUMENTS AND APPARATUS FOR PHYSICAL OR CHEMICAL ANALYSIS OR FOR MEASURING OR CHECKING VISCOSITY, POROSITY, EXPANSION, SURFACE TENSION OR THE LIKE, OR FOR MEASURING OR CHECKING QUANTITIES OF HEAT, SOUND, OR LIGHT, N.E.S., BY COUNTRY, 2016–2020 (USD MILLION) 100
TABLE 21 EXPORT DATA FOR INSTRUMENTS AND APPARATUS FOR PHYSICAL OR CHEMICAL ANALYSIS OR FOR MEASURING OR CHECKING VISCOSITY, POROSITY, EXPANSION, SURFACE TENSION OR THE LIKE, OR FOR MEASURING OR CHECKING QUANTITIES OF HEAT, SOUND, OR LIGHT, N.E.S, 2016–2020 (USD MILLION) 100
5.8 PATENT ANALYSIS 101
TABLE 22 LIST OF PATENTS 102
5.9 VALUE CHAIN ANALYSIS 103
FIGURE 28 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED DURING THE MANUFACTURING AND ASSEMBLY PHASES 103
5.10 SUPPLY CHAIN ANALYSIS 104
FIGURE 29 DIRECT DISTRIBUTION, THE PREFERRED STRATEGY FOR PROMINENT COMPANIES 104
5.11 ECOSYSTEM ANALYSIS OF THE IMMUNOASSAY MARKET 105
FIGURE 30 ECOSYSTEM ANALYSIS OF THE IMMUNOASSAY MARKET 105
5.11.1 ROLE IN THE ECOSYSTEM 105
5.12 PORTER’S FIVE FORCES ANALYSIS 106
TABLE 23 HIGH CONSOLIDATION IN THE MARKET TO RESTRICT THE ENTRY OF NEW PLAYERS 106
5.12.1 DEGREE OF COMPETITION 106
5.12.2 BARGAINING POWER OF SUPPLIERS 106
5.12.3 BARGAINING POWER OF BUYERS 106
5.12.4 THREAT OF SUBSTITUTES 107
5.12.5 THREAT OF NEW ENTRANTS 107
6 IMMUNOASSAY MARKET, BY PRODUCT 108
6.1 INTRODUCTION 109
TABLE 24 IMMUNOASSAY MARKET, BY PRODUCT, 2018-2026 (USD MILLION) 109
6.2 REAGENTS & KITS 109
TABLE 25 IMMUNOASSAY REAGENTS & KITS AVAILABLE IN THE MARKET 110
TABLE 26 IMMUNOASSAY REAGENTS & KITS MARKET, BY REGION,
2018–2026 (USD MILLION) 110
TABLE 27 IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 111
6.2.1 ELISA REAGENTS & KITS 111
6.2.1.1 Elisa reagents & kits are widely used in basic research and high-throughput screening 111
TABLE 28 ELISA REAGENTS & KITS MARKET, BY REGION, 2018–2026 (USD MILLION) 112
6.2.2 RAPID TEST REAGENTS & KITS 112
6.2.2.1 Demand for rapid test reagents & kits is especially high in remote areas or cases where advanced equipment is unavailable 112
TABLE 29 RAPID TEST REAGENTS & KITS MARKET, BY REGION,
2018–2026 (USD MILLION) 113
6.2.3 ELISPOT REAGENTS & KITS 113
6.2.3.1 The rising prevalence of infectious diseases drives the market growth 113
TABLE 30 ELISPOT REAGENTS & KITS MARKET, BY REGION, 2018–2026 (USD MILLION) 114
6.2.4 WESTERN BLOT REAGENTS & KITS 114
6.2.4.1 Western blotting is considered the gold standard for confirmation 114
TABLE 31 WESTERN BLOT REAGENTS & KITS MARKET, BY REGION,
2018–2026 (USD MILLION) 115
6.2.4.2 Other reagents & kits 115
TABLE 32 OTHER REAGENTS & KITS MARKET, BY REGION, 2018–2026 (USD MILLION) 115
6.3 ANALYZERS 116
TABLE 33 IMMUNOASSAY ANALYZERS AVAILABLE IN THE MARKET 116
TABLE 34 IMMUNOASSAY ANALYZERS MARKET, BY REGION,
2018–2026 (USD MILLION) 117
6.3.1 IMMUNOASSAY ANALYZERS MARKET, BY TYPE 117
TABLE 35 IMMUNOASSAY ANALYZERS MARKET, BY TYPE, 2018–2026 (USD MILLION) 117
6.3.1.1 Open-ended systems 118
6.3.1.1.1 Flexibility and wide availability make open-ended systems popular among users 118
TABLE 36 OPEN-ENDED SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION) 118
6.3.1.2 Closed-ended systems 118
6.3.1.2.1 High precision and automation are key features of closed-ended systems 118
TABLE 37 CLOSED-ENDED SYSTEMS MARKET, BY REGION, 2018–2026 (USD MILLION) 119
6.3.2 IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE 119
TABLE 38 IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE,
2018–2026 (USD MILLION) 119
6.3.2.1 Rental purchase 120
6.3.2.1.1 Convenience and lack of liability for end users drive preference for device rental 120
TABLE 39 IMMUNOASSAY ANALYZERS MARKET FOR RENTAL PURCHASE, BY REGION, 2018–2026 (USD MILLION) 120
6.3.2.2 Outright purchase 120
6.3.2.2.1 Outright purchase is favored by government organizations, big companies, and CROs 120
TABLE 40 IMMUNOASSAY ANALYZERS MARKET FOR OUTRIGHT PURCHASE, BY REGION, 2018–2026 (USD MILLION) 121
7 IMMUNOASSAY MARKET, BY TECHNOLOGY 122
7.1 INTRODUCTION 123
TABLE 41 IMMUNOASSAY MARKET, BY TECHNOLOGY, 2018–2026 (USD MILLION) 123
7.2 ELISA 123
TABLE 42 KEY ELISA SYSTEMS AVAILABLE IN THE MARKET 124
TABLE 43 ELISA MARKET, BY REGION, 2018–2026 (USD MILLION) 125
7.2.1 ELISA MARKET, BY GENERATION 125
TABLE 44 ELISA MARKET, BY GENERATION, 2018–2026 (USD MILLION) 125
7.2.1.1 Third-generation & Above 126
7.2.1.1.1 Third and fourth-gen ELISA show high specificity and accuracy, leading to their wide use 126
TABLE 45 THIRD-GENERATION & ABOVE ELISA MARKET, BY REGION,
2018–2026 (USD MILLION) 126
7.2.1.2 Second-generation & below 127
7.2.1.2.1 The cost-effectiveness of the first and second-gen tests supports their use, especially in developing countries 127
TABLE 46 SECOND-GENERATION & BELOW ELISA MARKET, BY REGION,
2018–2026 (USD MILLION) 127
7.2.2 ELISA MARKET, BY TYPE 128
TABLE 47 ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 128
7.2.2.1 CLIA 128
7.2.2.1.1 CLIA holds the largest share of the ELISA market, by type 128
TABLE 48 CLIA MARKET, BY REGION, 2018–2026 (USD MILLION) 129
7.2.2.2 IFA 129
7.2.2.2.1 IFA is used to diagnose antibodies against infectious pathogens 129
TABLE 49 IFA MARKET, BY REGION, 2018–2026 (USD MILLION) 130
7.2.2.3 Colorimetric immunoassays 130
7.2.2.3.1 The introduction of advanced techniques will support market growth 130
TABLE 50 COLORIMETRIC IMMUNOASSAYS MARKET, BY REGION,
2018–2026 (USD MILLION) 130
7.3 RAPID TESTS 131
7.3.1 RAPID TESTS ARE HIGHLY USEFUL IN UNDERDEVELOPED/EMERGING COUNTRIES OR AREAS WITH LIMITED ACCESSIBILITY TO SOPHISTICATED TECHNOLOGIES 131
TABLE 51 KEY RAPID TESTS AVAILABLE IN THE MARKET 131
TABLE 52 RAPID TESTS MARKET, BY REGION, 2018–2026 (USD MILLION) 132
7.4 WESTERN BLOTTING 132
7.4.1 WESTERN BLOTTING IS WIDELY USED FOR TEST CONFIRMATION 132
TABLE 53 WESTERN BLOTTING SYSTEMS AVAILABLE IN THE MARKET 132
TABLE 54 WESTERN BLOTTING MARKET, BY REGION, 2018–2026 (USD MILLION) 133
7.5 RADIOIMMUNOASSAYS 133
7.5.1 RIA ARE WIDELY USED FOR DIAGNOSIS AND DRUG TESTING 133
TABLE 55 RADIOIMMUNOASSAY MARKET, BY REGION, 2018–2026 (USD MILLION) 133
7.6 ELISPOT 134
7.6.1 HIGH SENSITIVITY, SPECIFICITY, AND VERSATILITY OF ELISPOT DRIVES ADOPTION OF ASSAYS 134
TABLE 56 ELISPOT MARKET, BY REGION, 2018–2026 (USD MILLION) 134
7.7 OTHER TECHNOLOGIES 134
TABLE 57 OTHER IMMUNOASSAY TECHNOLOGIES MARKET, BY REGION,
2018–2026 (USD MILLION) 135
8 IMMUNOASSAY MARKET, BY SPECIMEN 136
8.1 INTRODUCTION 137
TABLE 58 IMMUNOASSAY MARKET, BY SPECIMEN, 2018–2026 (USD MILLION) 137
8.2 BLOOD 137
8.2.1 RELIABILITY OF BLOOD TESTS WILL ENSURE STABLE MARKET GROWTH, DESPITE INTRODUCTION OF TESTS USING OTHER SPECIMEN TYPES 137
TABLE 59 IMMUNOASSAY MARKET FOR BLOOD SPECIMENS, BY REGION,
2018–2026 (USD MILLION) 138
8.3 SALIVA 138
8.3.1 CONVENIENCE AND APPLICATIONS OF SALIVA TESTS TO SUPPORT THE MARKET GROWTH 138
TABLE 60 IMMUNOASSAY MARKET FOR SALIVA SPECIMENS, BY REGION,
2018–2026 (USD MILLION) 139
8.4 URINE 139
8.4.1 USE IN LAW ENFORCEMENT AND DRUG TESTING APPLICATIONS DRIVES DEMAND FOR URINE-BASED TESTS 139
TABLE 61 IMMUNOASSAY MARKET FOR URINE SPECIMENS, BY REGION,
2018–2026 (USD MILLION) 140
8.5 OTHER SPECIMENS 140
TABLE 62 IMMUNOASSAY MARKET FOR OTHER SPECIMENS, BY REGION,
2018–2026 (USD MILLION) 141
 
9 IMMUNOASSAY MARKET, BY APPLICATION 142
9.1 INTRODUCTION 143
TABLE 63 IMMUNOASSAY MARKET, BY APPLICATION, 2018–2026 (USD MILLION) 143
9.2 INFECTIOUS DISEASES 144
9.2.1 RISING PREVALENCE OF INFECTIOUS DISEASES, DEMAND FOR COVID-19 DIAGNOSTICS DRIVE MARKET GROWTH 144
TABLE 64 IMMUNOASSAY MARKET FOR INFECTIOUS DISEASES, BY REGION,
2018–2026 (USD MILLION) 144
9.3 ENDOCRINOLOGY 145
9.3.1 RISING DIABETES INCIDENCE DRIVES DEMAND FOR IMMUNOASSAYS 145
TABLE 65 IMMUNOASSAY MARKET FOR ENDOCRINOLOGY, BY REGION,
2018–2026 (USD MILLION) 145
9.4 CARDIOLOGY 146
9.4.1 INCREASING PREVALENCE OF CVD DRIVES MARKET GROWTH 146
TABLE 66 KEY PLAYERS AND IMMUNOASSAY PRODUCTS FOR CARDIOLOGY 146
TABLE 67 IMMUNOASSAY MARKET FOR CARDIOLOGY, BY REGION,
2018–2026 (USD MILLION) 147
9.5 AUTOIMMUNE DISORDERS 147
9.5.1 HIGH PREVALENCE OF AUTOIMMUNE DISEASES AND RISING ECONOMIC BURDEN OF TREATMENT 147
TABLE 68 INCIDENCE OF AUTOIMMUNE DISEASES, BY TYPE 147
TABLE 69 IMMUNOASSAY MARKET FOR AUTOIMMUNE DISORDERS, BY REGION,
2018–2026 (USD MILLION) 148
9.6 ALLERGY DIAGNOSTICS 148
9.6.1 PREVALENCE OF ALLERGIES EXPECTED TO REGISTER DRASTIC INCREASE 148
TABLE 70 IMMUNOASSAY MARKET FOR ALLERGY DIAGNOSTICS, BY REGION,
2018–2026 (USD MILLION) 149
9.7 ONCOLOGY 149
9.7.1 RISING BURDEN OF CANCER AND GROWING GERIATRIC POPULATION SUPPORT MARKET GROWTH 149
TABLE 71 US CANCER INCIDENCE, BY TYPE, 2018 VS 2025 149
TABLE 72 IMMUNOASSAY MARKET FOR ONCOLOGY, BY REGION,
2018–2026 (USD MILLION) 150
9.8 BONE & MINERAL DISORDERS 151
9.8.1 HIGH DISORDER PREVALENCE INDICATES STRONG GROWTH OPPORTUNITIES FOR IMMUNOASSAYS 151
TABLE 73 KEY PLAYERS AND IMMUNOASSAY PRODUCTS FOR BONE & MINERAL DISORDER DIAGNOSIS 151
TABLE 74 IMMUNOASSAY MARKET FOR BONE & MINERAL DISORDERS, BY REGION, 2018–2026 (USD MILLION) 152
9.9 TOXICOLOGY 152
9.9.1 RISING DRUG ABUSE AND ILLICIT DRUG CONSUMPTION ENSURE DEMAND FOR IMMUNOASSAYS IN TOXICOLOGY 152
TABLE 75 KEY PLAYERS AND IMMUNOASSAY PRODUCTS FOR DRUG MONITORING 153
TABLE 76 KEY PLAYERS AND IMMUNOASSAY PRODUCTS FOR DRUGS-OF-ABUSE/TOXICOLOGY ASSAYS 153
TABLE 77 IMMUNOASSAY MARKET FOR TOXICOLOGY, BY REGION,
2018–2026 (USD MILLION) 154
9.10 BLOOD SCREENING 154
9.10.1 RISING BLOOD DONATION VOLUMES FAVOR DEMAND FOR IMMUNOASSAYS 154
TABLE 78 IMMUNOASSAY MARKET FOR BLOOD SCREENING, BY REGION,
2018–2026 (USD MILLION) 155
9.11 NEWBORN SCREENING 155
9.11.1 IMMUNOASSAYS ARE USED AS A FIRST-TIER NEWBORN SCREENING PROTOCOL 155
TABLE 79 KEY PLAYERS AND IMMUNOASSAY PRODUCTS FOR NEWBORN SCREENING 155
TABLE 80 IMMUNOASSAY MARKET FOR NEWBORN SCREENING, BY REGION,
2018–2026 (USD MILLION) 156
9.12 OTHER APPLICATIONS 156
TABLE 81 IMMUNOASSAY MARKET FOR OTHER APPLICATIONS, BY REGION,
2018–2026 (USD MILLION) 156
10 IMMUNOASSAY MARKET, BY END USER 157
10.1 INTRODUCTION 158
TABLE 82 IMMUNOASSAY MARKET, BY END USER, 2018–2026 (USD MILLION) 158
10.2 HOSPITALS & CLINICS 158
10.2.1 GROWING PATIENT POPULATION AND TESTING VOLUMES DRIVE MARKET GROWTH 158
TABLE 83 IMMUNOASSAY MARKET FOR HOSPITALS & CLINICS, BY REGION,
2018–2026 (USD MILLION) 159
10.3 CLINICAL LABORATORIES 160
10.3.1 RISING CLINICAL TEST VOLUMES AND REQUIREMENTS SUPPORT
USE OF IMMUNOASSAYS IN CLINICAL LABS 160
TABLE 84 IMMUNOASSAY MARKET FOR CLINICAL LABORATORIES, BY REGION,
2018–2026 (USD MILLION) 161
10.4 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES AND CONTRACT RESEARCH ORGANIZATIONS 161
10.4.1 GROWING DRUG DISCOVERY AND CLINICAL STUDY ACTIVITY DRIVE DEMAND FOR IMMUNOASSAYS IN PHARMA-BIOTECH INDUSTRY 161
TABLE 85 IMMUNOASSAY MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES AND CROS, BY REGION, 2018–2026 (USD MILLION) 162
10.5 HOME CARE SETTINGS 162
10.5.1 RELIANCE ON AT-HOME TESTS AND POC DIAGNOSTICS BOOSTS MARKET GROWTH 162
TABLE 86 IMMUNOASSAY MARKET FOR HOME CARE SETTINGS, BY REGION,
2018–2026 (USD MILLION) 163
10.6 BLOOD BANKS 163
10.6.1 RISING DEMAND FOR BLOOD AND GROWING BLOOD DONATION VOLUMES DRIVE USE OF IMMUNOASSAYS FOR SCREENING 163
TABLE 87 IMMUNOASSAY MARKET FOR BLOOD BANKS, BY REGION,
2018–2026 (USD MILLION) 164
 
10.7 RESEARCH & ACADEMIC LABORATORIES 164
10.7.1 RISING NUMBER OF COLLEGES & UNIVERSITIES DRIVES MARKET GROWTH 164
TABLE 88 IMMUNOASSAY MARKET FOR RESEARCH & ACADEMIC LABORATORIES,
BY REGION, 2018–2026 (USD MILLION 165
11 IMMUNOASSAY MARKET, BY REGION 166
11.1 INTRODUCTION 167
TABLE 89 IMMUNOASSAY MARKET, BY REGION, 2018–2026 (USD MILLION) 167
11.2 NORTH AMERICA 168
FIGURE 31 NORTH AMERICA: IMMUNOASSAY MARKET SNAPSHOT 169
TABLE 90 NORTH AMERICA: IMMUNOASSAY MARKET, BY COUNTRY,
2018–2026 (USD MILLION) 170
TABLE 91 NORTH AMERICA: IMMUNOASSAY MARKET, BY PRODUCT,
2018–2026 (USD MILLION) 170
TABLE 92 NORTH AMERICA: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE, 2018–2026 (USD MILLION) 171
TABLE 93 NORTH AMERICA: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 171
TABLE 94 NORTH AMERICA: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE, 2018–2026 (USD MILLION) 172
TABLE 95 NORTH AMERICA: IMMUNOASSAY MARKET, BY TECHNOLOGY,
2018–2026 (USD MILLION) 172
TABLE 96 NORTH AMERICA: ELISA MARKET, BY GENERATION,
2018–2026 (USD MILLION) 173
TABLE 97 NORTH AMERICA: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 173
TABLE 98 NORTH AMERICA: IMMUNOASSAY MARKET, BY SPECIMEN,
2018–2026 (USD MILLION) 173
TABLE 99 NORTH AMERICA: IMMUNOASSAY MARKET, BY APPLICATION,
2018–2026 (USD MILLION) 174
TABLE 100 NORTH AMERICA: IMMUNOASSAY MARKET, BY END USER,
2018–2026 (USD MILLION) 174
11.2.1 US 175
11.2.1.1 The US dominates the North American market 175
TABLE 101 US: IMMUNOASSAY MARKET, BY PRODUCT, 2018–2026 (USD MILLION) 175
TABLE 102 US: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 176
TABLE 103 US: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 176
TABLE 104 US: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE,
2018–2026 (USD MILLION) 177
TABLE 105 US: IMMUNOASSAY MARKET, BY TECHNOLOGY, 2018–2026 (USD MILLION) 177
TABLE 106 US: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 178
TABLE 107 US: IMMUNOASSAY MARKET, BY SPECIMEN, 2018–2026 (USD MILLION) 178
TABLE 108 US: IMMUNOASSAY MARKET, BY APPLICATION, 2018–2026 (USD MILLION) 179
TABLE 109 US: IMMUNOASSAY MARKET, BY END USER, 2018–2026 (USD MILLION) 179
11.2.2 CANADA 180
TABLE 110 CANADA: IMMUNOASSAY MARKET, BY PRODUCT,
2018–2026 (USD MILLION) 180
TABLE 111 CANADA: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 181
TABLE 112 CANADA: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 181
TABLE 113 CANADA: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE,
2018–2026 (USD MILLION) 182
TABLE 114 CANADA: IMMUNOASSAY MARKET, BY TECHNOLOGY,
2018–2026 (USD MILLION) 182
TABLE 115 CANADA: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 183
TABLE 116 CANADA: IMMUNOASSAY MARKET, BY SPECIMEN,
2018–2026 (USD MILLION) 183
TABLE 117 CANADA: IMMUNOASSAY MARKET, BY APPLICATION,
2018–2026 (USD MILLION) 184
TABLE 118 CANADA: IMMUNOASSAY MARKET, BY END USER,
2018–2026 (USD MILLION) 184
11.3 EUROPE 185
FIGURE 32 EUROPE: IMMUNOASSAY MARKET SNAPSHOT 186
TABLE 119 EUROPE: IMMUNOASSAY MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 187
TABLE 120 EUROPE: IMMUNOASSAY MARKET, BY PRODUCT,
2018–2026 (USD MILLION) 187
TABLE 121 EUROPE: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 188
TABLE 122 EUROPE: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 188
TABLE 123 EUROPE: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE,
2018–2026 (USD MILLION) 189
TABLE 124 EUROPE: IMMUNOASSAY MARKET, BY TECHNOLOGY,
2018–2026 (USD MILLION) 189
TABLE 125 EUROPE: ELISA MARKET, BY GENERATION, 2018–2026 (USD MILLION) 190
TABLE 126 EUROPE: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 190
TABLE 127 EUROPE: IMMUNOASSAY MARKET, BY SPECIMEN,
2018–2026 (USD MILLION) 190
TABLE 128 EUROPE: IMMUNOASSAY MARKET, BY APPLICATION,
2018–2026 (USD MILLION) 191
TABLE 129 EUROPE: IMMUNOASSAY MARKET, BY END USER,
2018–2026 (USD MILLION) 191
11.3.1 GERMANY 192
11.3.1.1 Germany holds the largest share of the EU immunoassay market 192
TABLE 130 GERMANY: IMMUNOASSAY MARKET, BY PRODUCT,
2018–2026 (USD MILLION) 192
TABLE 131 GERMANY: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 193
TABLE 132 GERMANY: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 193
TABLE 133 GERMANY: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE, 2018–2026 (USD MILLION) 194
TABLE 134 GERMANY: IMMUNOASSAY MARKET, BY TECHNOLOGY,
2018–2026 (USD MILLION) 194
TABLE 135 GERMANY: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 195
TABLE 136 GERMANY: IMMUNOASSAY MARKET, BY SPECIMEN,
2018–2026 (USD MILLION) 195
TABLE 137 GERMANY: IMMUNOASSAY MARKET, BY APPLICATION,
2018–2026 (USD MILLION) 196
TABLE 138 GERMANY: IMMUNOASSAY MARKET, BY END USER,
2018–2026 (USD MILLION) 196
11.3.2 ITALY 197
11.3.2.1 Growing geriatric population and increasing support for research drives market growth 197
TABLE 139 ITALY: IMMUNOASSAY MARKET, BY PRODUCT, 2018–2026 (USD MILLION) 197
TABLE 140 ITALY: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 198
TABLE 141 ITALY: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 198
TABLE 142 ITALY: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE,
2018–2026 (USD MILLION) 199
TABLE 143 ITALY: IMMUNOASSAY MARKET, BY TECHNOLOGY,
2018–2026 (USD MILLION) 199
TABLE 144 ITALY: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 200
TABLE 145 ITALY: IMMUNOASSAY MARKET, BY SPECIMEN, 2018–2026 (USD MILLION) 200
TABLE 146 ITALY: IMMUNOASSAY MARKET, BY APPLICATION,
2018–2026 (USD MILLION) 201
TABLE 147 ITALY: IMMUNOASSAY MARKET, BY END USER, 2018–2026 (USD MILLION) 201
11.3.3 FRANCE 202
11.3.3.1 Rising use of POC testing and favorable reimbursement policy contribute to market growth in France 202
TABLE 148 FRANCE: IMMUNOASSAY MARKET, BY PRODUCT,
2018–2026 (USD MILLION) 202
TABLE 149 FRANCE: IMMUNOASSAY REAGENTS & KITS MARKET, BY TYPE,
2018–2026 (USD MILLION) 203
TABLE 150 FRANCE: IMMUNOASSAY ANALYZERS MARKET, BY TYPE,
2018–2026 (USD MILLION) 203
TABLE 151 FRANCE: IMMUNOASSAY ANALYZERS MARKET, BY PURCHASE MODE,
2018–2026 (USD MILLION) 204
TABLE 152 FRANCE: IMMUNOASSAY MARKET, BY TECHNOLOGY,
2018–2026 (USD MILLION) 204
TABLE 153 FRANCE: ELISA MARKET, BY TYPE, 2018–2026 (USD MILLION) 205
TABLE 154 FRANCE: IMMUNOASSAY MARKET, BY SPECIMEN,
2018–2026 (USD MILLION) 205
TABLE 155 FRANCE: IMMUNOASSAY MARKET, BY APPLICATION,
2018–2026 (USD MILLION) 206
TABLE 156 FRANCE: IMMUNOASSAY MARKET, BY END USER,
2018–2026 (USD MILLION) 206

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...

Publisher:        MarketsandMarkets

# of Pages:        126

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Publication Date:  March, 2022

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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