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Bone Growth Stimulator Market by Product (Device (Implant, External), Bone Morphogenetic Protein, PRP), Application (Spinal Fusion, Delayed Union, Non...

Publisher:        MarketsandMarkets

# of Pages:        214

Rating: 

1 User License $4,950

Publication Date:  July, 2021

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1 INTRODUCTION 25
1.1 OBJECTIVES OF THE STUDY 25
1.2 MARKET DEFINITION 25
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 YEARS CONSIDERED FOR THE STUDY 27
1.4 CURRENCY USED FOR THE STUDY 27
1.4.1 STANDARD CURRENCY CONVERSION RATES 27
1.5 LIMITATIONS 28
1.6 MARKET STAKEHOLDERS 28
1.7 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 1 RESEARCH DESIGN 30
2.1.1 KEY DATA FROM SECONDARY SOURCES 32
2.1.2 PRIMARY RESEARCH 33
FIGURE 2 KEY DATA FROM PRIMARY SOURCES 34
FIGURE 3 KEY INDUSTRY INSIGHTS 34
FIGURE 4 BREAKDOWN OF SUPPLY-SIDE PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 35
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 35
2.2 MARKET ESTIMATION METHODOLOGY 36
2.2.1 REVENUE MAPPING-BASED MARKET ESTIMATION 36
2.2.2 PRODUCT-BASED MARKET ESTIMATION 37
FIGURE 6 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 39
2.2.3 PRIMARY RESEARCH VALIDATION 39
2.3 COVID-19 HEALTH ASSESSMENT 39
2.4 COVID-19 ECONOMIC ASSESSMENT 40
2.5 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 40
FIGURE 7 CRITERIA IMPACTING THE GLOBAL ECONOMY 40
FIGURE 8 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 42
2.6 DATA TRIANGULATION 43
FIGURE 9 DATA TRIANGULATION 43
2.7 RESEARCH ASSUMPTIONS 44
2.8 RESEARCH LIMITATIONS 44
3 EXECUTIVE SUMMARY 45
FIGURE 10 BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 45
FIGURE 11 BONE GROWTH STIMULATORS MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 46
FIGURE 12 BONE GROWTH STIMULATORS MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 47
FIGURE 13 GEOGRAPHICAL SNAPSHOT OF THE BONE GROWTH STIMULATORS MARKET 48
4 PREMIUM INSIGHTS 49
4.1 BONE GROWTH STIMULATORS MARKET OVERVIEW 49
FIGURE 14 RISING PREVALENCE OF ORTHOPEDIC DISORDERS TO DRIVE MARKET GROWTH 49
4.2 BONE GROWTH STIMULATORS MARKET SHARE, BY END USER, 2021 VS. 2026 50
FIGURE 15 HOSPITALS & ASCS SEGMENT WILL CONTINUE TO DOMINATE THE BONE GROWTH STIMULATORS MARKET IN 2026 50
4.3 ASIA PACIFIC: BONE GROWTH STIMULATORS MARKET, BY PRODUCT & COUNTRY (2020) 51
FIGURE 16 BONE GROWTH STIMULATION DEVICES SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE APAC MARKET IN 2020 51
4.4 BONE GROWTH STIMULATORS MARKET, BY REGION, 2021‒2026 52
FIGURE 17 APAC MARKET TO WITNESS THE HIGHEST GROWTH DURING THE FORECAST PERIOD 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
5.2.1 MAJOR MARKET DRIVERS 53
5.2.1.1 Growing patient preference for noninvasive and minimally invasive surgical treatments 53
5.2.1.2 Increasing target patient population 54
FIGURE 18 OBESE POPULATION (AS A PERCENTAGE OF THE TOTAL POPULATION) IN OECD COUNTRIES (2017) 55
5.2.1.3 Rising number of sports and accident-related orthopedic injuries 55
FIGURE 19 INJURIES CAUSED BY VARIOUS SPORTS ACTIVITIES IN THE US (2019) 56
FIGURE 20 JAPAN REPORTED THE HIGHEST NUMBER OF ROAD ACCIDENTS GLOBALLY (2019) 57
5.2.2 MAJOR MARKET RESTRAINTS 57
5.2.2.1 Limited medical reimbursement for bone stimulation products 57
5.2.2.2 High treatment costs associated with BMP and PRP products 58
5.2.2.3 Limited clinical evidence to support the therapeutic efficacy of bone growth stimulators 58
5.2.3 MAJOR MARKET OPPORTUNITIES 58
5.2.3.1 Emerging markets 58
5.2.4 MAJOR MARKET CHALLENGES 59
5.2.4.1 Side effects associated with BMP-based orthopedic treatment 59
TABLE 1 CLINICAL SIDE EFFECTS ASSOCIATED WITH BMP-2 60
TABLE 2 PRECLINICAL SIDE EFFECTS WITH BMP-2 (IN VITRO AND IN VIVO) 60
5.3 PORTER’S FIVE FORCES ANALYSIS 61
5.3.1 OVERVIEW 61
TABLE 3 BONE GROWTH STIMULATORS MARKET: PORTER’S FIVE FORCES ANALYSIS 61
5.3.2 THREAT OF NEW ENTRANTS 61
FIGURE 21 THREAT OF NEW ENTRANTS 62
5.3.3 THREAT OF SUBSTITUTES 62
FIGURE 22 THREAT OF SUBSTITUTES 62
5.3.4 BARGAINING POWER OF SUPPLIERS 62
FIGURE 23 BARGAINING POWER OF SUPPLIERS 63
5.3.5 BARGAINING POWER OF BUYERS 63
FIGURE 24 BARGAINING POWER OF BUYERS 63
5.3.6 DEGREE OF COMPETITION 63
FIGURE 25 DEGREE OF COMPETITION 64
5.4 VALUE CHAIN ANALYSIS 64
FIGURE 26 VALUE CHAIN ANALYSIS—MAXIMUM VALUE IS ADDED DURING THE MANUFACTURING PHASE 65
5.5 SUPPLY CHAIN ANALYSIS 65
5.5.1 PROMINENT COMPANIES 65
5.5.2 SMALL & MEDIUM-SIZED ENTERPRISES 65
5.5.3 END USERS 66
FIGURE 27 SUPPLY CHAIN ANALYSIS 66
5.6 ECOSYSTEM ANALYSIS 66
5.7 REGULATORY ANALYSIS 67
5.7.1 NORTH AMERICA 67
5.7.1.1 US 67
TABLE 4 US FDA: MEDICAL DEVICE CLASSIFICATION 68
TABLE 5 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 68
5.7.1.2 Canada 69
TABLE 6 CANADA: MEDICAL DEVICE REGULATORY APPROVAL PROCESS 69
FIGURE 28 CANADA: REGULATORY APPROVAL PROCESS FOR MEDICAL DEVICES 70
5.7.2 EUROPE 70
FIGURE 29 EUROPE: REGULATORY APPROVAL PROCESS FOR MEDICAL DEVICES (MDR) 72
5.7.3 ASIA PACIFIC 72
5.7.3.1 Japan 72
TABLE 7 JAPAN: MEDICAL DEVICE CLASSIFICATION UNDER PMDA 73
5.7.3.2 China 73
TABLE 8 CHINA: CLASSIFICATION OF MEDICAL DEVICES 73
5.7.3.3 India 74
5.8 TECHNOLOGY ANALYSIS 75
5.9 PATENT DETAILS 75
FIGURE 30 PATENT ANALYSIS (JANUARY 2011–MARCH 2021) 76
5.10 COVID-19 IMPACT ON THE BONE GROWTH STIMULATORS MARKET 76
5.11 PRICING ANALYSIS 77
TABLE 9 PRICING ANALYSIS: BONE GROWTH STIMULATORS, 2019 (USD) 77
6 BONE GROWTH STIMULATORS MARKET, BY PRODUCT 78
6.1 INTRODUCTION 79
TABLE 10 BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 79
6.2 BONE GROWTH STIMULATION DEVICES 79
TABLE 11 BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 80
TABLE 12 BONE GROWTH STIMULATION DEVICES MARKET, BY REGION,
2019–2026 (USD MILLION) 80
TABLE 13 BONE GROWTH STIMULATION DEVICES MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 81
TABLE 14 BONE GROWTH STIMULATION DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 81
6.2.1 EXTERNAL BONE GROWTH STIMULATORS 82
TABLE 15 EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 82
TABLE 16 EXTERNAL BONE GROWTH STIMULATORS MARKET, BY REGION,
2019–2026 (USD MILLION) 83
TABLE 17 EXTERNAL BONE GROWTH STIMULATORS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 83
TABLE 18 EXTERNAL BONE GROWTH STIMULATORS MARKET, BY END USER,
2019–2026 (USD MILLION) 84
6.2.1.1 Pulsed electromagnetic field devices 84
6.2.1.1.1 Pulsed electromagnetic field devices to witness the highest growth in the external bone growth stimulators market 84
TABLE 19 PULSED ELECTROMAGNETIC FIELD DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION) 85
6.2.1.2 Combined magnetic field devices 85
6.2.1.2.1 Combined magnetic field devices are portable, battery-powered, and noninvasive 85
TABLE 20 COMBINED MAGNETIC FIELD DEVICES MARKET, BY REGION,
2019–2026 (USD MILLION) 86
6.2.1.3 Capacitive coupling devices 86
6.2.1.3.1 Need for frequent battery replacement or recharge is a disadvantage associated with CC devices 86
TABLE 21 CAPACITIVE COUPLING DEVICES MARKET, BY REGION,
2019–2026 (USD MILLION) 87
6.2.2 ULTRASONIC BONE GROWTH STIMULATORS 87
6.2.2.1 These stimulators are used in the treatment of nonunion bone fractures and failed arthrodesis 87
TABLE 22 HCPCS CODE 87
TABLE 23 ULTRASONIC BONE GROWTH STIMULATORS MARKET, BY REGION,
2019–2026 (USD MILLION) 88
TABLE 24 ULTRASONIC BONE GROWTH STIMULATORS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 88
TABLE 25 ULTRASONIC BONE GROWTH STIMULATORS MARKET, BY END USER,
2019–2026 (USD MILLION) 89
6.2.3 IMPLANTED BONE GROWTH STIMULATORS 89
6.2.3.1 Implanted bone growth stimulators provide constant stimulation of the bone directly at the fracture site and increase patient compliance 89
TABLE 26 IMPLANTED BONE GROWTH STIMULATORS MARKET, BY REGION,
2019–2026 (USD MILLION) 90
TABLE 27 IMPLANTED BONE GROWTH STIMULATORS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 90
TABLE 28 IMPLANTED BONE GROWTH STIMULATORS MARKET, BY END USER,
2019–2026 (USD MILLION) 91
6.3 BONE MORPHOGENETIC PROTEINS 91
6.3.1 BMP IS A SAFE AND EFFECTIVE ALTERNATIVE TO BONE GRAFTS 91
TABLE 29 BONE MORPHOGENETIC PROTEINS MARKET, BY REGION,
2019–2026 (USD MILLION) 92
TABLE 30 BONE MORPHOGENETIC PROTEINS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 92
TABLE 31 BONE MORPHOGENETIC PROTEINS MARKET, BY END USER,
2019–2026 (USD MILLION) 93
6.4 PLATELET-RICH PLASMA 93
6.4.1 ADVANTAGES OF PRP OVER OTHER PRODUCTS USED IN BONE STIMULATION TO DRIVE MARKET GROWTH 93
TABLE 32 PLATELET-RICH PLASMA MARKET, BY REGION, 2019–2026 (USD MILLION) 94
TABLE 33 PLATELET-RICH PLASMA MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 94
TABLE 34 PLATELET-RICH PLASMA MARKET, BY END USER, 2019–2026 (USD MILLION) 95
7 BONE GROWTH STIMULATORS MARKET, BY APPLICATION 96
7.1 INTRODUCTION 97
TABLE 35 BONE GROWTH STIMULATORS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 97
7.2 SPINAL FUSION SURGERIES 97
7.2.1 SPINAL FUSION SURGERIES TO DOMINATE THE BONE GROWTH STIMULATORS MARKET 97
TABLE 36 BONE GROWTH STIMULATORS MARKET FOR SPINAL FUSION SURGERIES,
BY REGION, 2019–2026 (USD MILLION) 98
7.3 DELAYED UNION & NONUNION BONE FRACTURES 98
7.3.1 NONUNION FRACTURES ARE ESTIMATED TO COST THE US HEALTHCARE SYSTEM USD 9.2 BILLION/YEAR 98
TABLE 37 BONE GROWTH STIMULATORS MARKET FOR DELAYED UNION & NONUNION BONE FRACTURES, BY REGION, 2019–2026 (USD MILLION) 99
7.4 ORAL & MAXILLOFACIAL SURGERIES 100
7.4.1 BMPS ARE USED IN ORAL & MAXILLOFACIAL SURGERIES TO FORM A BASE FOR THE DENTAL IMPLANT AND STRENGTHEN AND THICKEN DENTAL SITES 100
TABLE 38 BONE GROWTH STIMULATORS MARKET FOR ORAL & MAXILLOFACIAL SURGERIES, BY REGION, 2019–2026 (USD MILLION) 100
7.5 OTHER APPLICATIONS 101
TABLE 39 BONE GROWTH STIMULATORS MARKET FOR OTHER APPLICATIONS,
BY REGION, 2019–2026 (USD MILLION) 101
8 BONE GROWTH STIMULATORS MARKET, BY END USER 102
8.1 INTRODUCTION 103
TABLE 40 BONE GROWTH STIMULATORS MARKET, BY END USER,
2019–2026 (USD MILLION) 103
8.2 HOSPITALS & ASCS 104
8.2.1 HOSPITALS & ASCS ARE THE LARGEST & FASTEST-GROWING END USERS OF BONE GROWTH STIMULATORS 104
TABLE 41 BONE GROWTH STIMULATORS MARKET FOR HOSPITALS & ASCS, BY REGION, 2019–2026 (USD MILLION) 105
8.3 HOME CARE SETTINGS 105
8.3.1 AVAILABILITY OF REIMBURSEMENT AND INSURANCE COVERAGE TO SUPPORT MARKET GROWTH 105
TABLE 42 BONE GROWTH STIMULATORS MARKET FOR HOME CARE SETTINGS,
BY REGION, 2019–2026 (USD MILLION) 106
8.4 ACADEMIC & RESEARCH INSTITUTES 106
8.4.1 GROWING RESEARCH ON BONE GROWTH STIMULATION PRODUCTS TO AID MARKET GROWTH 106
TABLE 43 BONE GROWTH STIMULATORS MARKET FOR ACADEMIC & RESEARCH INSTITUTES, BY REGION, 2019–2026 (USD MILLION) 107
9 BONE GROWTH STIMULATORS MARKET, BY REGION 108
9.1 INTRODUCTION 109
TABLE 44 BONE GROWTH STIMULATORS MARKET, BY REGION,
2019–2026 (USD MILLION) 109
9.2 NORTH AMERICA 109
FIGURE 31 NORTH AMERICA: BONE GROWTH STIMULATORS MARKET SNAPSHOT 110
TABLE 45 NORTH AMERICA: BONE GROWTH STIMULATORS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 110
TABLE 46 NORTH AMERICA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 111
TABLE 47 NORTH AMERICA: BONE GROWTH STIMULATION DEVICES MARKET,
BY TYPE, 2019–2026 (USD MILLION) 111
TABLE 48 NORTH AMERICA: EXTERNAL BONE GROWTH STIMULATORS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 112
TABLE 49 NORTH AMERICA: BONE GROWTH STIMULATORS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 112
TABLE 50 NORTH AMERICA: BONE GROWTH STIMULATORS MARKET, BY END USER, 2019–2026 (USD MILLION) 113
9.2.1 US 113
9.2.1.1 High burden of sports-related injuries and the strong presence of market players will drive market growth in the US 113
TABLE 51 US: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 114
TABLE 52 US: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 115
TABLE 53 US: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 115
9.2.2 CANADA 116
9.2.2.1 Market growth is driven by the rising incidence of bone-related diseases 116
TABLE 54 CANADA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 117
TABLE 55 CANADA: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 117
TABLE 56 CANADA: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 118
9.3 EUROPE 118
TABLE 57 EUROPE: BONE GROWTH STIMULATORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 119
TABLE 58 EUROPE: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 119
TABLE 59 EUROPE: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 120
TABLE 60 EUROPE: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 120
TABLE 61 EUROPE: BONE GROWTH STIMULATORS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 121
TABLE 62 EUROPE: BONE GROWTH STIMULATORS MARKET, BY END USER,
2019–2026 (USD MILLION) 121
9.3.1 GERMANY 122
9.3.1.1 Germany is the largest market for bone growth stimulators in Europe 122
TABLE 63 GERMANY: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 122
TABLE 64 GERMANY: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 123
TABLE 65 GERMANY: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE, 2019–2026 (USD MILLION) 123
9.3.2 UK 124
9.3.2.1 Market growth in the UK is driven by the increasing funding by public and private organizations 124
TABLE 66 UK: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 124
TABLE 67 UK: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 125
TABLE 68 UK: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 125
9.3.3 FRANCE 126
9.3.3.1 Rising prevalence of diabetes to support market growth 126
TABLE 69 FRANCE: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 126
TABLE 70 FRANCE: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 127
TABLE 71 FRANCE: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 127
9.3.4 ITALY 128
9.3.4.1 Increasing market availability of high-end bone growth stimulators to drive market growth 128
TABLE 72 ITALY: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 128
TABLE 73 ITALY: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 129
TABLE 74 ITALY: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 129
9.3.5 SPAIN 130
9.3.5.1 Growing geriatric population and the subsequent increase in the prevalence of target conditions to drive market growth 130
TABLE 75 SPAIN: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 130
TABLE 76 SPAIN: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 131
TABLE 77 SPAIN: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 131
9.3.6 REST OF EUROPE 132
TABLE 78 ROE: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 132
TABLE 79 ROE: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 133
TABLE 80 ROE: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 133
9.4 ASIA PACIFIC 134
FIGURE 32 ASIA PACIFIC: BONE GROWTH STIMULATORS MARKET SNAPSHOT 135
TABLE 81 ASIA PACIFIC: BONE GROWTH STIMULATORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 135
TABLE 82 ASIA PACIFIC: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 136
TABLE 83 ASIA PACIFIC: BONE GROWTH STIMULATION DEVICES MARKET,
BY TYPE, 2019–2026 (USD MILLION) 136
TABLE 84 ASIA PACIFIC: EXTERNAL BONE GROWTH STIMULATORS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 137
TABLE 85 ASIA PACIFIC: BONE GROWTH STIMULATORS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 137
TABLE 86 ASIA PACIFIC: BONE GROWTH STIMULATORS MARKET, BY END USER,
2019–2026 (USD MILLION) 138
9.4.1 JAPAN 138
9.4.1.1 Japan dominates the Asia Pacific bone growth stimulators market 138
TABLE 87 JAPAN: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 139
TABLE 88 JAPAN: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 139
TABLE 89 JAPAN: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 140
9.4.2 CHINA 140
9.4.2.1 Expansion in target patient population and modernization of healthcare facilities to drive the market growth 140
TABLE 90 CHINA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 141
TABLE 91 CHINA: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 141
TABLE 92 CHINA: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 142
9.4.3 INDIA 142
9.4.3.1 Growing number of orthopedic surgeries to support market growth 142
TABLE 93 INDIA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 143
TABLE 94 INDIA: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 143
TABLE 95 INDIA: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 144
9.4.4 AUSTRALIA 144
9.4.4.1 Availability of grants for the development of a comprehensive range of advanced treatments to support market growth 144
TABLE 96 AUSTRALIA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 145
TABLE 97 AUSTRALIA: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 145
TABLE 98 AUSTRALIA: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE, 2019–2026 (USD MILLION) 146
9.4.5 SOUTH KOREA 146
9.4.5.1 Supportive government initiatives will positively impact market growth 146
TABLE 99 SOUTH KOREA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 147
TABLE 100 SOUTH KOREA: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 147
TABLE 101 SOUTH KOREA: EXTERNAL BONE GROWTH STIMULATORS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 148
9.4.6 REST OF ASIA PACIFIC 148
TABLE 102 ROAPAC: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 149
TABLE 103 ROAPAC: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 149
TABLE 104 ROAPAC: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 150
9.5 LATIN AMERICA 150
TABLE 105 LATIN AMERICA: BONE GROWTH STIMULATORS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 151
TABLE 106 LATIN AMERICA: BONE GROWTH STIMULATORS MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 151
TABLE 107 LATIN AMERICA: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 152
TABLE 108 LATIN AMERICA: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE, 2019–2026 (USD MILLION) 152
TABLE 109 LATIN AMERICA: BONE GROWTH STIMULATORS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 153
TABLE 110 LATIN AMERICA: BONE GROWTH STIMULATORS MARKET, BY END USER, 2019–2026 (USD MILLION) 153
9.5.1 BRAZIL 154
9.5.1.1 Modernization of healthcare facilities will drive market growth 154
TABLE 111 BRAZIL: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 154
TABLE 112 BRAZIL: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 155
TABLE 113 BRAZIL: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 155
9.5.2 MEXICO 156
9.5.2.1 Favorable investment scenario for medical device manufacturers to drive market growth 156
TABLE 114 MEXICO: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 156
TABLE 115 MEXICO: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 157
TABLE 116 MEXICO: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE,
2019–2026 (USD MILLION) 157
9.5.3 REST OF LATIN AMERICA 158
TABLE 117 ROLATAM: BONE GROWTH STIMULATORS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 158
TABLE 118 ROLATAM: BONE GROWTH STIMULATION DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 159
TABLE 119 ROLATAM: EXTERNAL BONE GROWTH STIMULATORS MARKET,
BY TYPE, 2019–2026 (USD MILLION) 159
9.6 MIDDLE EAST & AFRICA 160
9.6.1 AWARENESS INITIATIVES TO DRIVE THE ADOPTION OF BONE GROWTH STIMULATORS IN THE REGION 160
TABLE 120 MIDDLE EAST & AFRICA: BONE GROWTH STIMULATORS MARKET,
BY PRODUCT, 2019–2026 (USD MILLION) 161
TABLE 121 MIDDLE EAST & AFRICA: BONE GROWTH STIMULATION DEVICES MARKET,
BY TYPE, 2019–2026 (USD MILLION) 161
TABLE 122 MIDDLE EAST & AFRICA: EXTERNAL BONE GROWTH STIMULATORS MARKET, BY TYPE, 2019–2026 (USD MILLION) 162
TABLE 123 MIDDLE EAST & AFRICA: BONE GROWTH STIMULATORS MARKET,
BY APPLICATION, 2019–2026 (USD MILLION) 162
TABLE 124 MIDDLE EAST & AFRICA: BONE GROWTH STIMULATORS MARKET,
BY END USER, 2019–2026 (USD MILLION) 163
10 COMPETITIVE LANDSCAPE 164
10.1 OVERVIEW 164
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 164
10.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN THE BONE GROWTH STIMULATORS MARKET 164
TABLE 125 OVERVIEW OF STRATEGIES DEPLOYED BY KEY BONE GROWTH STIMULATOR MANUFACTURING COMPANIES 164
10.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 166
FIGURE 33 REVENUE SHARE ANALYSIS OF THE TOP PLAYERS IN THE BONE GROWTH STIMULATORS MARKET 166
10.4 MARKET SHARE ANALYSIS 166
FIGURE 34 BONE GROWTH STIMULATORS MARKET SHARE, BY KEY PLAYER, 2020 167
10.5 COMPETITIVE SITUATIONS AND TRENDS 167
TABLE 126 BONE GROWTH STIMULATORS MARKET: DEGREE OF COMPETITION 167
10.6 COMPETITIVE LEADERSHIP MAPPING 168
10.7 VENDOR INCLUSION CRITERIA 168
10.7.1 STARS 168
10.7.2 EMERGING LEADERS 168
10.7.3 PERVASIVE PLAYERS 169
10.7.4 PARTICIPANTS 169
FIGURE 35 BONE GROWTH STIMULATORS MARKET: COMPETITIVE LEADERSHIP MAPPING (2020) 170
10.8 COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SMES 171
10.8.1 PROGRESSIVE COMPANIES 171
10.8.2 STARTING BLOCKS 171
10.8.3 RESPONSIVE COMPANIES 171
10.8.4 DYNAMIC COMPANIES 171
FIGURE 36 BONE GROWTH STIMULATORS MARKET: COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SMES (2020) 172
10.9 FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE BONE GROWTH STIMULATORS MARKET 173
10.9.1 PRODUCT AND GEOGRAPHICAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE BONE GROWTH STIMULATORS MARKET 173
TABLE 127 COMPANY PRODUCT FOOTPRINT 174
TABLE 128 COMPANY REGIONAL FOOTPRINT 175
10.10 COMPETITIVE SCENARIO 175
10.10.1 PRODUCT LAUNCHES 176
TABLE 129 KEY PRODUCT LAUNCHES, JANUARY 2017–JUNE 2021 176
10.10.2 DEALS 176
TABLE 130 KEY DEALS, JANUARY 2017–JUNE 2021 176
10.10.3 OTHER DEVELOPMENTS 177
TABLE 131 OTHER DEVELOPMENTS, JANUARY 2017–JUNE 2021 177
11 COMPANY PROFILES 178
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 KEY PLAYERS 178
11.1.1 ORTHOFIX MEDICAL, INC. 178
TABLE 132 ORTHOFIX MEDICAL, INC.: BUSINESS OVERVIEW 178
FIGURE 37 ORTHOFIX, MEDICAL INC.: COMPANY SNAPSHOT (2020) 179
11.1.2 DEPUY SYNTHES 181
TABLE 133 DEPUY SYNTHES: BUSINESS OVERVIEW 181
FIGURE 38 DEPUY SYNTHES: COMPANY SNAPSHOT (2020) 182
11.1.3 STRYKER 184
TABLE 134 STRYKER: BUSINESS OVERVIEW 184
FIGURE 39 STRYKER: COMPANY SNAPSHOT (2020) 185
11.1.4 BIOVENTUS LLC 187
TABLE 135 BIOVENTUS LLC: BUSINESS OVERVIEW 187
FIGURE 40 BIOVENTUS LLC: COMPANY SNAPSHOT (2020) 188
11.1.5 MEDTRONIC PLC 189
TABLE 136 MEDTRONIC PLC: BUSINESS OVERVIEW 189
FIGURE 41 MEDTRONIC PLC: COMPANY SNAPSHOT (2020) 190
11.1.6 DJO FINANCE, LLC 191
TABLE 137 DJO FINANCE, LLC: BUSINESS OVERVIEW 191
11.1.7 ZIMMER BIOMET 193
TABLE 138 ZIMMER BIOMET: BUSINESS OVERVIEW 193
FIGURE 42 ZIMMER BIOMET: COMPANY SNAPSHOT (2020) 194
11.1.8 ARTHREX, INC. 196
TABLE 139 ARTHREX, INC.: BUSINESS OVERVIEW 196
11.1.9 TERUMO CORPORATION 198
TABLE 140 TERUMO CORPORATION: BUSINESS OVERVIEW 198
FIGURE 43 TERUMO CORPORATION: COMPANY SNAPSHOT (2019) 199
11.1.10 OSSATEC BENELUX LTD. 201
TABLE 141 OSSATEC BENELUX LTD.: BUSINESS OVERVIEW 201
11.1.11 ISTO BIOLOGICS 202
TABLE 142 ISTO BIOLOGICS: BUSINESS OVERVIEW 202
11.1.12 EMBER THERAPEUTICS, INC. 203
TABLE 143 EMBER THERAPEUTICS, INC.: BUSINESS OVERVIEW 203
11.1.13 REGEN LAB SA 204
TABLE 144 REGEN LAB SA: BUSINESS OVERVIEW 204
11.1.14 ALTIS BIOLOGICS (PTY) LTD. 205
TABLE 145 ALTIS BIOLOGICS (PTY) LTD.: BUSINESS OVERVIEW 205
11.1.15 ITO CO., LTD. 206
TABLE 146 ITO CO., LTD.: BUSINESS OVERVIEW 206
11.2 OTHER COMPANIES 207
11.2.1 ELIZUR CORPORATION 207
11.2.2 BTT HEALTH GMBH 207
11.2.3 STIMULATE HEALTH 208
11.2.4 VQ ORTHOCARE 208
11.2.5 KINEX MEDICAL COMPANY, LLC 209
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12 APPENDIX 210
12.1 DISCUSSION GUIDE 210
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 214
12.3 AVAILABLE CUSTOMIZATIONS 216
12.4 RELATED REPORTS 216
12.5 AUTHOR DETAILS 218

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

Publisher:        MarketsandMarkets

# of Pages:        224

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1 User License $4,950

Publication Date:  April, 2022

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1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
 
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
 
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
 
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232

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