Lateral Flow Assay Components Market by Technique, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 153 SKU: IRTNTR74725

The lateral flow assay components market is estimated to grow at a CAGR of 5.22% between 2022 and 2027. The size of the market is forecast to increase by USD 97.76 million. The growth of the market depends on several factors, including the rising efforts in research and development, technological advancement, and the growing usage of home-based lateral flow assay devices.

This report extensively covers market segmentation by technique (sandwich assays, competitive assays, and multiplex detection assays), end-user (medical device manufacturing companies and medical device contract manufacturing companies), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

 What will the Size of the Lateral Flow Assay Components Market During the Forecast Period?

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Parent Market Analysis

Technavio categorizes the global lateral flow assay components market as a part of the global life science tools and services market. The parent, global life science tools and services market covers products and companies engaged in research and development (R and D) of a variety of product categories, including capital equipment, instruments, accessories, and consumables that are used for R and D on pharmaceuticals and biotechnology products and laboratory diagnosis of various diseases. It also covers life sciences-related services, including contract research, contract manufacturing, and contract sales. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Lateral Flow Assay Components Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rising efforts in research and development are notably driving the market growth, although factors such as the increase in regulations and inconsistency in test results may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Lateral Flow Assay Components Market Driver 

The rising efforts in research and development are the key factor driving the global lateral flow assay components market growth. The increased emphasis on drug and therapy research and development for rare diseases such as salmonella and malaria will create enormous opportunities for lateral flow assay component manufacturers. Rising early diagnosis needs will increase the demand for conducting research activities, promoting the market growth.

Moreover, the increased global prevalence of infectious diseases, a rapidly ageing population, and home-based lateral flow assay kits are further estimated to drive the research and development of the global lateral flow assay components market. Thus, the rise in incidences of infectious diseases is anticipated to fuel the research and development in the lateral flow assay components market and is expected to grow the market in focus during the forecast period.

Key Lateral Flow Assay Components Market Trend

The growing demand for point-of-care (POC) testing is the primary trend in the global lateral flow assay components market. POC testing is anticipated to hold the greatest share in the lateral flow assay components market because of its importance in combating the growing disease burden. Lateral flow assay-based POC tests are increasingly being adopted to replace lengthy, conventional laboratory procedures. POC diagnostic tests do not require complex infrastructures and training, owing to which the cost of these tests is less expensive compared with conventional laboratory diagnostic procedures.

Furthermore, point-of-care testing devices are quick, simple, and portable, and they give faster results, leading to better patient outcomes. More novel goods with improved technology have been introduced because of the rising demand for POC testing equipment. The increased need for point-of-care testing, as well as the growing emphasis on employing lateral flow assay, assay-based POC testing devices to achieve better portability, are projected to drive the growth of the lateral flow assay components market during the forecast period.

Key Lateral Flow Assay Components Market Challenge

The increase in regulations and inconsistency in test results is a major challenge to the global lateral flow assay components market growth. Inconsistency in the test result is a major reason which negatively impacted the demand for lateral flow assays. Apart from it, two other reasons that limited lateral flow assay components market growth are an abhorrence to changing established diagnostic methods and the introduction of multiplexed assays. Furthermore, variations in lateral flow assay test results and stringent regulations are likely to stymie market expansion.

Variations in test results led to consumers' reluctance to switch from traditional diagnostic tests to advanced methods, as well as the imposition of a significant excise tax on the trading of medical equipment is likely to limit market development. In various places globally, lateral flow assay-based diagnostics have witnessed limited adoption due to difficult and time-consuming rules and regulation policies, which is expected to further hinder the market growth during the forecast period.

Key Lateral Flow Assay Components Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Lateral Flow Assay Components Market Customer Landscape

Who are the Major Lateral Flow Assay Components Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ahlstrom.com - The company offers lateral flow assay components such as CytoSep single-layer plasma separation media.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Abbott Laboratories
  • AXIVA SICHEM Pvt. Ltd.
  • Becton Dickinson and Co.
  • Bio Rad Laboratories Inc.
  • Bio Techne Corp.
  • DxDiscovery Inc.
  • F. Hoffmann La Roche Ltd.
  • Geno Technology Inc.
  • Hologic Inc.
  • Merck KGaA
  • Nupore Filtration System
  • PerkinElmer Inc.
  • Porex Corp.
  • QIAGEN NV
  • Quidel Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Lateral Flow Assay Components Market?

Based on technique, the market is segmented into sandwich assays, competitive assays, and multiplex detection assays. The market share growth by the sandwich assays segment will be significant during the forecast period. The sandwich assay is a type of enzyme-linked immunosorbent assay that employs two antibodies: a capture antibody and a detection antibody. Because the antigen is bound between antibodies, it is called a sandwich. The goal of this assay is to detect the presence of a target antigen in a sample. In a sandwich assay, the target antigen is bound between a capture antibody and a detection antibody. The capture antibody is fixed on a surface, and the detection antibody is added last. 

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The sandwich assays segment was valued at USD 169.57 million in 2017 and continue to grow by 2021. The sandwich assay technique is a positive test represented by the presence of a coloured line at the test line position. In clinical settings, the sandwich assay is commonly used to test for a variety of antibodies and antigens. The technique will detect antibodies in blood samples against specific foods or other common allergens. As the human body fights virus infections, antibodies specific to that virus are produced and circulated, and those antibodies are used as a biomarker for infection in sandwich assay tests. Sandwich assay tests have been used to detect well-known diseases such as Lyme disease, human immunodeficiency virus (HIV), and Zika virus. Sandwich assays held the largest share of the lateral flow assay components market. The wide applications of these assays in clinical testing, as well as the benefits associated with their use, such as higher sensitivity and specificity for larger analytes, are the major factors expected to drive the growth of the sandwich assays segment in the lateral flow assay components market during the forecast period.

Which are the Key Regions for the Lateral Flow Assay Components Market?

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North America is expected to account for 43% of market growth by 2023. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. 

North America is dominating the global lateral flow assay components market, accounting for the largest market share, owing to the increasing incidence of chronic diseases such as Lyme disease and tuberculosis and the presence of a highly developed healthcare system and many lateral flow assay components manufacturing companies in this region. As per the US Centers for Disease Control and Prevention (CDC) data, there have been approximately 16 million influenza infections in the US in 2020, resulting in an estimated 380,000 hospitalizations.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. COVID-19 led to an upsurge in the demand for North America. In 2021, business and industrial activities related to the lateral flow assay components resumed with the relaxation of stringent lockdown restrictions due to the availability of COVID-19 vaccines and the vaccination drives carried out by the governments of countries such as the US, Canada, and Mexico. A major factor for market expansion is that RT-PCR can only detect active infections in patients, whereas LFA-based testing devices can detect patients who are asymptomatic, have been cured of the infection, and are no longer at risk of infecting others. In addition, the low cost of lateral flow assay devices is expected to increase the demand for lateral flow assay components and is expected to grow the market in focus across the region during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by technique, end-user, and region.

  • Technique Outlook (USD Million, 2017 - 2027)
    • Sandwich assays
    • Competitive assays
    • Multiplex detection assays
  • End-user Outlook (USD Million, 2017 - 2027)
    • Medical device manufacturing companies
    • Medical device contract manufacturing companies
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • ROW
      • Argentina
      • Australia
      • Rest of the World

Lateral Flow Assay Components Market Scope

Report Coverage

Details

Page number

153

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.22%

Market growth 2023-2027

USD 97.76 million

Market structure

Fragmented

YoY growth (%)

4.41

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 43%

Key countries

US, Canada, Germany, UK, and China

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Abbott Laboratories, Ahlstrom Munksjo, AXIVA SICHEM Pvt. Ltd., Becton Dickinson and Co., Bio Rad Laboratories Inc., Bio Techne Corp., DxDiscovery Inc., F. Hoffmann La Roche Ltd., Geno Technology Inc., Hologic Inc., Merck KGaA, Nupore Filtration System, PerkinElmer Inc., Porex Corp., QIAGEN NV, Quidel Corp., Sartorius AG, Siemens AG, Thermo Fisher Scientific Inc., and Cytodiagnostics Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Lateral Flow Assay Components Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the lateral flow assay components market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of lateral flow assay components market vendors

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technique
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global Lateral Flow Assay Components Market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global Lateral Flow Assay Components Market 2017 - 2021 ($ million)
    • 4.2 Technique Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Technique Segment 2017 - 2021 ($ million)
    • 4.3 End user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Technique

    • 6.1 Market segments
      • Exhibit 30: Chart on Technique - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Technique - Market share 2022-2027 (%)
    • 6.2 Comparison by Technique
      • Exhibit 32: Chart on Comparison by Technique
      • Exhibit 33: Data Table on Comparison by Technique
    • 6.3 Sandwich assays - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Sandwich assays - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Sandwich assays - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Sandwich assays - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Sandwich assays - Year-over-year growth 2022-2027 (%)
    • 6.4 Competitive assays - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Competitive assays - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Competitive assays - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Competitive assays - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Competitive assays - Year-over-year growth 2022-2027 (%)
    • 6.5 Multiplex detection assays - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Multiplex detection assays - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Multiplex detection assays - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Multiplex detection assays - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Multiplex detection assays - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Technique
      • Exhibit 46: Market opportunity by Technique ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 49: Chart on Comparison by End-user
      • Exhibit 50: Data Table on Comparison by End-user
    • 7.3 Medical device manufacturing companies - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Medical device manufacturing companies - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Medical device manufacturing companies - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Medical device manufacturing companies - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Medical device manufacturing companies - Year-over-year growth 2022-2027 (%)
    • 7.4 Medical device contract manufacturing companies - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Medical device contract manufacturing companies - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Medical device contract manufacturing companies - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Medical device contract manufacturing companies - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Medical device contract manufacturing companies - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 59: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 Germany - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Abbott Laboratories
              • Exhibit 108: Abbott Laboratories - Overview
              • Exhibit 109: Abbott Laboratories - Business segments
              • Exhibit 110: Abbott Laboratories - Key news
              • Exhibit 111: Abbott Laboratories - Key offerings
              • Exhibit 112: Abbott Laboratories - Segment focus
            • 12.4 Ahlstrom Munksjo
              • Exhibit 113: Ahlstrom Munksjo - Overview
              • Exhibit 114: Ahlstrom Munksjo - Business segments
              • Exhibit 115: Ahlstrom Munksjo - Key news
              • Exhibit 116: Ahlstrom Munksjo - Key offerings
              • Exhibit 117: Ahlstrom Munksjo - Segment focus
            • 12.5 Becton Dickinson and Co.
              • Exhibit 118: Becton Dickinson and Co. - Overview
              • Exhibit 119: Becton Dickinson and Co. - Business segments
              • Exhibit 120: Becton Dickinson and Co. - Key news
              • Exhibit 121: Becton Dickinson and Co. - Key offerings
              • Exhibit 122: Becton Dickinson and Co. - Segment focus
            • 12.6 Bio Rad Laboratories Inc.
              • Exhibit 123: Bio Rad Laboratories Inc. - Overview
              • Exhibit 124: Bio Rad Laboratories Inc. - Business segments
              • Exhibit 125: Bio Rad Laboratories Inc. - Key news
              • Exhibit 126: Bio Rad Laboratories Inc. - Key offerings
              • Exhibit 127: Bio Rad Laboratories Inc. - Segment focus
            • 12.7 Bio Techne Corp.
              • Exhibit 128: Bio Techne Corp. - Overview
              • Exhibit 129: Bio Techne Corp. - Business segments
              • Exhibit 130: Bio Techne Corp. - Key news
              • Exhibit 131: Bio Techne Corp. - Key offerings
              • Exhibit 132: Bio Techne Corp. - Segment focus
            • 12.8 F. Hoffmann La Roche Ltd.
              • Exhibit 133: F. Hoffmann La Roche Ltd. - Overview
              • Exhibit 134: F. Hoffmann La Roche Ltd. - Business segments
              • Exhibit 135: F. Hoffmann La Roche Ltd. - Key news
              • Exhibit 136: F. Hoffmann La Roche Ltd. - Key offerings
              • Exhibit 137: F. Hoffmann La Roche Ltd. - Segment focus
            • 12.9 Geno Technology Inc.
              • Exhibit 138: Geno Technology Inc. - Overview
              • Exhibit 139: Geno Technology Inc. - Product / Service
              • Exhibit 140: Geno Technology Inc. - Key offerings
            • 12.10 Hologic Inc.
              • Exhibit 141: Hologic Inc. - Overview
              • Exhibit 142: Hologic Inc. - Business segments
              • Exhibit 143: Hologic Inc. - Key news
              • Exhibit 144: Hologic Inc. - Key offerings
              • Exhibit 145: Hologic Inc. - Segment focus
            • 12.11 Merck KGaA
              • Exhibit 146: Merck KGaA - Overview
              • Exhibit 147: Merck KGaA - Business segments
              • Exhibit 148: Merck KGaA - Key news
              • Exhibit 149: Merck KGaA - Key offerings
              • Exhibit 150: Merck KGaA - Segment focus
            • 12.12 PerkinElmer Inc.
              • Exhibit 151: PerkinElmer Inc. - Overview
              • Exhibit 152: PerkinElmer Inc. - Business segments
              • Exhibit 153: PerkinElmer Inc. - Key news
              • Exhibit 154: PerkinElmer Inc. - Key offerings
              • Exhibit 155: PerkinElmer Inc. - Segment focus
            • 12.13 QIAGEN NV
              • Exhibit 156: QIAGEN NV - Overview
              • Exhibit 157: QIAGEN NV - Product / Service
              • Exhibit 158: QIAGEN NV - Key news
              • Exhibit 159: QIAGEN NV - Key offerings
            • 12.14 Quidel Corp.
              • Exhibit 160: Quidel Corp. - Overview
              • Exhibit 161: Quidel Corp. - Product / Service
              • Exhibit 162: Quidel Corp. - Key offerings
            • 12.15 Sartorius AG
              • Exhibit 163: Sartorius AG - Overview
              • Exhibit 164: Sartorius AG - Business segments
              • Exhibit 165: Sartorius AG - Key news
              • Exhibit 166: Sartorius AG - Key offerings
              • Exhibit 167: Sartorius AG - Segment focus
            • 12.16 Siemens AG
              • Exhibit 168: Siemens AG - Overview
              • Exhibit 169: Siemens AG - Business segments
              • Exhibit 170: Siemens AG - Key news
              • Exhibit 171: Siemens AG - Key offerings
              • Exhibit 172: Siemens AG - Segment focus
            • 12.17 Thermo Fisher Scientific Inc.
              • Exhibit 173: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 174: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 175: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 176: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 177: Thermo Fisher Scientific Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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