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Latex Agglutination Test Kits Market Share

Report ID: GMI9570
Published Date: May 2024
Report Format: PDF

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Latex Agglutination Test Kits Market Share

The latex agglutination test kits industry is highly competitive, marked by several players striving for market dominance. This includes innovations such as automated workflow systems for workflow efficiency, reducing hands-on time, and reproducibility. Competition is driven by factors such as the quality and reliability of these technologies, integration capabilities with existing platforms, and compliance with regulatory standards. Strategic partnerships with companies and healthcare networks play a crucial role in market positioning.

Latex Agglutination Test Kits Market Companies

Some of the eminent market participants operating in the latex agglutination test kits industry include:

Atlas Medical GmbH
Arlington Scientific, Inc.
Bio-Rad Laboratories, Inc.
bioMérieux SA
Biotium
Creative Diagnostics
Cardinal Health, Inc.
Eurofins Scientific Group
Hardy plc
HiMedia Laboratories
Liofilchem S.r.l.
Novacyt Group
PerkinElmer, Inc.
Pro Lab Diagnostics
Thermo Fisher Scientific Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size for latex agglutination test kits was valued at around USD 610.4 million in 2023 and is estimated to grow at 6.5% CAGR from 2024 to 2032, driven by the rising prevalence of autoimmune diseases such as rheumatoid arthritis (RA), type 1 diabetes and multiple sclerosis (MS).

The antigen test type segment of the latex agglutination test kits market accounted for USD 460.8 million in 2023 and will expand rapidly through 2032, as antigen testing using latex agglutination is generally cost-effective compared to other diagnostic methods.

The U.S. industry held a decent market share in 2023 and anticipated to grow at 6.3% CAGR during 2024-2032, owing to a well-developed healthcare infrastructure with a robust network of hospitals, clinics, and diagnostic laboratories.

Atlas Medical GmbH, Arlington Scientific, Inc., Bio-Rad Laboratories, Inc, bioMérieux SA, Biotium, Creative Diagnostics, Cardinal Health, Inc, Eurofins Scientific Group, Hardy plc, HiMedia Laboratories among others.