The Lateral Flow Assay Test Market To Grow Beyond The Odds Of Mediocrity

Lateral Flow Assay Test Market Overview:

Lateral flow assay (LFA) tests also called as lateral flow immunochromatographic assays, are simple device used to detect the presence or absence of intended analyte in sample. This test does not use costly specialized equipment. Generally, these tests are used for clinical diagnostics either for point of care (POC) testing, home testing or laboratory use.

A widely accepted and well known application of LFA test is pregnancy test. These assay tests changing the way in which health care providers deliver diagnostic care to patients. Lateral flow assay test produces quality test results in short duration.

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This test is widely accepted and employed in several fields from defence to health care. Lateral flow assay test market is witnessing promising technological changes and is one of the most competent area in POC testing devices.

Lateral flow assay test market is expected to witness positive growth owing to higher prevalence of infectious and communicable diseases and increased use rapid testing in home care settings.

Apart from this, increasing geriatric population, rising use of lateral flow assay in clinical laboratory practice, increased chronic diseases, and technology up gradation perhaps positively impact the growth of lateral flow assay test market over the forecasted period. However increased regulations, inconsistency in test results may pose restrain to the lateral flow assay market growth over forecasted period.

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