Our primary objectives are to continue to further expand the options available for home testing, allowing for peace of mind without the need for a medical visit. By early 2021, we realised that we were well-positioned to shift to our real passion, Health Technology and Medical Technology. The use of smart technology in healthcare has been advancing steadily over several years, putting powerful devices like smart insulin pens, connected inhalers, Rapid lateral flow test kits Supplies rapid lateral flow test kits Supplies UK
The Business Research Company published its Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Lateral Flow Immunoassay (LFIA) Based Rapid Test market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the lateral flow immunoassay (LFIA) based rapid test market’s segments-1) By Technique: Competitive Assay, Sandwich Assay, Multiplex Detection Assay2) By End User: Hospital and Clinic, Diagnostic Laboratory, Home Care, Others3) By Application: Infectious Disease, Pregnancy and Fertility, Toxicology, Others.View Complete Report:https://www.thebusinessresearchcompany.com/report/lateral-flow-immunoassay-lfia-based-rapid-test-global-market-report-2020-30-covid-19-growth-and-changeLateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global lateral flow immunoassay based rapid test market is expected to decline from $5.98 billion in 2019 to $5.77 billion in 2020 at a compound annual growth rate (CAGR) of -3.63%.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities.
The entire supply chain has been disrupted, impacting the market negatively.