Cryptococcal Antigen Lateral Flow Assay Test Market

Cryptococcal Antigen Lateral Flow Assay Test Market: Global Industry Analysis and Opportunity Assessment 2016 - 2026

  • Ongoing
  • June 2020
  • REP-GB-1227
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Cryptococcal Antigen Lateral Flow Assay Test Market
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This Cryptococcal Antigen Lateral Flow Assay Test market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Cryptococcal Antigen Lateral Flow Assay Test market.


The cryptococcal antigen lateral flow assay is a type of an immunochromotography test system, used to identify the capsular polysaccharide antigens of cryptococcus species present in serum and Cerebrospinal Fluid (CSF). The combinational use of immunoassay and chromatography has made revolutionary changes in the point of care diagnosis of cryptococcal fungi. The patient are allowing to monitor the presence of fungal infection through one strip of lateral flow assay test. These test are gaining popularity across major developed countries of North America and Europe, owing to their simple operating procedure as compared to other assay techniques. Moreover, the high accuracy and sensitivity with least lead time to produce outcome are providing opportunities for early stage development products.

Cryptococcal Antigen Lateral Flow Assay Test Market: Drivers and Restraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Increasing incidence of cryptococcal infection, long waiting time to get test results, limited efficacy of substitute techniques would collective drive the growth of cryptococcal antigen lateral flow assay test market. Moreover, the active initiative from the government in Africa countries would provide boost to the market growth. However, limited awareness for cryptococcal antigen lateral flow assay test, and lack of skill work force would limit the adoption of cryptococcal antigen lateral flow assay test.

Cryptococcal Antigen Lateral Flow Assay Test Market: Segmentation

The global cryptococcal antigen lateral flow assay test market is segmented based on, instruments, test location, and end use.

Cryptococcal Antigen Lateral Flow Assay Test Market: Overview

Based on instruments, lateral flow readers would experience flourishing innovations in terms of monitoring and control of test sample. Moreover, the lateral flow readers with high specificity and sensitivity with multiple test sample detection feature would gain prominence in future. The market for reagents and media would increase with healthy CAGR, owing to growing use of lateral flow readers in developing and underdeveloped countries. Based on test location, the laboratories would remain prominent for next five years, however, increasing awareness of lateral flow assays in point of care testing would eventually decrease its dominance in laboratories. Based on end use, diagnostic laboratories have prominent market share owing to limited awareness for lateral flow assay technique. However, the growing use of lateral flow assays point of care and home healthcare would surpass the diagnostic laboratories during the forecast period.

Cryptococcal Antigen Lateral Flow Assay Test Market: Region-wise Outlook

Based on geography, the cryptococcal antigen lateral flow assay test market is segmented into North America, Europe, Asia Pacific, and MEA. The commercial success of Cryptococcal Antigen Lateral Flow Assay Test would benefit the African countries, especially in sub-Saharan Africa owing to higher incidence rate of cryptococcosis infections. Hence, the Cryptococcal Antigen Lateral Flow Assay Test Market would witness attractive demand from the middle and African countries, followed by Asia Pacific region. The developed regions are the early adopter of this technology and hence, would represent healthy market share in 2015.

Cryptococcal Antigen Lateral Flow Assay Test Market: Key Players

Key players profiled in this report includes, Kestrel Biosciences LIC, Alere, Inc., BioMerieux, Danaher Corporation, Forsite Diagnostics, Merck Millipore, Qiagen, Roche Diagnostics, Hologic (Gen-Probe), and Siemens Healthcare. These players are focusing oin the development more advanced and more convenient instrument to cater the need to point of care testing and home healthcare testing application.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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Based on Instruments, the global cryptococcal antigen lateral flow assay test market is segmented into the following:

  • Lateral Flow Readers
  • Kits and Reagents

Based on test location, the global cryptococcal antigen lateral flow assay test market is segmented into the following:

  • Home testing
  • Point of care testing
  • Laboratory Testing

Based on end use, the global cryptococcal antigen lateral flow assay test market is segmented into the following:

  • Diagnostic laboratories
  • Ambulatory clinics
  • Home healthcare
  • Hospitals

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, France, U.K, Spain and Rest of Western Europe)
  • Eastern Europe (Russia, and, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, Rest Of MEA)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.
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  • The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
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  • Extensive database and key dynamics elevating the market with varied verticals associated
  • Underlying Cryptococcal Antigen Lateral Flow Assay Test Market forces that are compelling consumers or businesses to purchase the product
  • How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Cryptococcal Antigen Lateral Flow Assay Test Market
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  • Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
  • Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
  • Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)
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Harish Tiwari

Harish Tiwari

Global Head - Business Development

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