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Latex Agglutination Test Kits Market

Global Latex Agglutination Test Kits Market Size, Share, Trends: By Test Type: Antibody Detection, Antigen Testing, By Sample Test: Blood, Urine, Cerebrospinal Fluid (Lumbar Puncture), Others; By End Users: Hospital-Based Laboratories, Standalone Clinical Laboratories, Others; Regional Analysis; Market Dynamics; Supplier Landscape; 2024-2032

Global Latex Agglutination Test Kits Market Outlook

The global latex agglutination test kits market size was valued at USD 482.28 million in 2023, driven by the increasing incidence of food allergies and increased awareness among people across the globe. The market size is anticipated to grow at a CAGR of 4.3% during the forecast period of 2024-2032 to achieve a value of USD 704.5 million by 2032.

 

Latex Agglutination Test Kits: Introduction

Agglutination is the process that occurs when an antigen is mixed with its corresponding antibody called agglutinin and is commonly used in blood grouping. Latex agglutination testing, also called latex fixation, is a diagnostic study that is widely used as a laboratory method to identify certain antibodies and antigens. The test uses a variety of body fluids including blood, urine, saliva, and cerebrospinal fluid, which are dependable on what type of sample is needed.

 

Global Latex Agglutination Test Kits Market Analysis

The latex agglutination test kits market demand has been rising owing to its rapid, precise, and cost-effective methodology. These tests are also widely used for the serologic diagnosis of rheumatoid arthritis. Hence, the demand is anticipated to grow further with a rise in the geriatric population.

 

Latex agglutination reaction is also applicable in the pregnancy tests. It occurs between latex particles coated with anti-HCG antibodies and HCG available in the test specimen. With an upswing the number of pregnancies worldwide, the market has experienced high demand for latex agglutination test kits.

 

Along with its application in medical testing, latex agglutination test kits are also used in other domains such as food and environmental testing. For confirmatory identification of Salmonella, Legionella or Staphylococcus aureus colonies, Gold Standard Diagnostics launched their Microgen latex agglutination test kits in November 2023. These test kits are user-friendly, easy to integrate in laboratories and offer precise results under two minutes. With the advent of such tools and techniques, the latex agglutination test kits market value is anticipated to see a significant boost in the forecast period.

 

Global Latex Agglutination Test Kits Market Segmentations

Market Breakup by Test Type

  • Antibody Detection
  • Antigen Testing

 

Market Breakup by Sample Test

  • Blood
  • Urine
  • Cerebrospinal Fluid (Lumbar Puncture)
  • Others

 

Market Breakup by End Users

  • Hospital-Based Laboratories
  • Standalone Clinical Laboratories
  • Others

 

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Latex Agglutination Test Kits Market Overview

The United States has been leading the latex agglutination test kits market share during the historical period. With a robust healthcare infrastructure, the region was proactive in combating the inflating cases of COVID-19 with early detection of the virus, to facilitate quality prevention.

 

In Europe, the presence of influential academic and research institutions plays a key role in boosting the region’s market. Having several essential healthcare companies at home also fosters innovation. The government bodies play a critical role in educating the people as well as healthcare professionals with the apt application of the test kits.

 

The Asia Pacific latex agglutination test kits market growth is certain with a heightened focus on improving the medical infrastructure present in the region. The rising foreign investments are a major factor expected to fuel the market growth. In addition, the increasing partnerships between private and public enterprises will enable new solutions and developments in the upcoming years.

 

Global Latex Agglutination Test Kits Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

 

  • Arlington Scientific Inc.
  • Atlas Medical GmbH
  • Biomerieux SA
  • Bio-Rad Laboratories Inc.
  • Biotec (Novacyt Group)
  • Creative Diagnostics
  • Hardy Diagnostics
  • HiMedia Laboratories
  • Pro Lab Diagnostics Inc.
  • Thermo Fisher Scientific

 

Please note that this only represents a partial list of companies, and the complete list has been provided in the report.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Test Type
  • Sample Test
  • End Users
  • Region
Breakup by Test Type
  • Antibody Detection
  • Antigen Testing
Breakup by Sample Test
  • Blood
  • Urine
  • Cerebrospinal Fluid (Lumbar Puncture)
  • Others
Breakup by End Users
  • Hospital-Based Laboratories
  • Standalone Clinical Laboratories 
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Arlington Scientific Inc.
  • Atlas Medical GmbH
  • Biomerieux SA
  • Bio-Rad Laboratories Inc.
  • Biotec (Novacyt Group)
  • Creative Diagnostics
  • Hardy Diagnostics
  • HiMedia Laboratories
  • Pro Lab Diagnostics Inc.
  • Thermo Fisher Scientific

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions 
    1.3    Report Coverage – Key Segmentation and Scope  
    1.4    Research Methodology
2    Executive Summary
3    Global Latex Agglutination Test Kits Market Overview 

    3.1    Global Latex Agglutination Test Kits Market Historical Value (2017-2023) 
    3.2    Global Latex Agglutination Test Kits Market Forecast Value (2024-2032)
4    Global Latex Agglutination Test Kits Market Landscape
    4.1    Global Latex Agglutination Test Kits Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Global Latex Agglutination Test Kits Product Landscape
        4.2.1    Analysis by Type
        4.2.2    Analysis by Indications
        4.2.3    Analysis by Technology
5    Global Latex Agglutination Test Kits Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model 
    5.4    Key Demand Indicators
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends 
    5.7    Value Chain Analysis
6    Global Latex Agglutination Test Kits Market Segmentation 
    6.1    Global Latex Agglutination Test Kits Market by Test Type
        6.1.1    Market Overview
        6.1.2    Antibody Detection
        6.1.3    Antigen Testing
    6.2    Global Latex Agglutination Test Kits Market by Sample Test
        6.2.1    Market Overview
        6.2.2    Blood
        6.2.3    Urine
        6.2.4    Cerebrospinal Fluid (Lumbar Puncture)
        6.2.5    Others
    6.3    Global Latex Agglutination Test Kits Market by End Users
        6.3.1    Market Overview
        6.3.2    Hospital-Based Laboratories
        6.3.3    Standalone Clinical Laboratories 
        6.3.4    Others
    6.4    Global Latex Agglutination Test Kits Market by Region
        6.4.1    Market Overview
        6.4.2    North America 
        6.4.3    Europe
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Latex Agglutination Test Kits Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Latex Agglutination Test Kits Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Latex Agglutination Test Kits Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Latex Agglutination Test Kits Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Latex Agglutination Test Kits Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Patent Analysis
    12.1    Analysis by Type of Patent
    12.2    Analysis by Publication year
    12.3    Analysis by Issuing Authority
    12.4    Analysis by Patent Age
    12.5    Analysis by CPC Analysis
    12.6    Analysis by Patent Valuation 
    12.7    Analysis by Key Players
13    Grants Analysis
    13.1    Analysis by year
    13.2    Analysis by Amount Awarded
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Grant Application
    13.5    Analysis by Funding Institute
    13.6    Analysis by NIH Departments
    13.7    Analysis by Recipient Organization 
14    Clinical Trials Analysis
    14.1     Analysis by Trial Registration Year
    14.2    Analysis by Trial Status
    14.3    Analysis by Trial Phase
    14.4    Analysis by Therapeutic Area
    14.5    Analysis by Geography
15    Funding Analysis
    15.1    Analysis by Funding Instances
    15.2    Analysis by Type of Funding
    15.3    Analysis by Funding Amount
    15.4    Analysis by Leading Players
    15.5    Analysis by Leading Investors
    15.6    Analysis by Geography
16    Partnership and Collaborations Analysis
    16.1    Analysis by Partnership Instances
    16.2    Analysis by Type of Partnership
    16.3    Analysis by Leading Players
    16.4    Analysis by Geography
17    Supplier Landscape
    17.1    Arlington Scientific Inc.
        17.1.1    Financial Analysis
        17.1.2    Product Portfolio
        17.1.3    Demographic Reach and Achievements
        17.1.4    Mergers and Acquisition
        17.1.5    Certifications
    17.2    Atlas Medical GmbH
        17.2.1    Financial Analysis
        17.2.2    Product Portfolio
        17.2.3    Demographic Reach and Achievements
        17.2.4    Mergers and Acquisition
        17.2.5    Certifications
    17.3    Biomerieux SA
        17.3.1    Financial Analysis
        17.3.2    Product Portfolio
        17.3.3    Demographic Reach and Achievements
        17.3.4    Mergers and Acquisition
        17.3.5    Certifications
    17.4    Bio-Rad Laboratories Inc.
        17.4.1    Financial Analysis
        17.4.2    Product Portfolio
        17.4.3    Demographic Reach and Achievements
        17.4.4    Mergers and Acquisition
        17.4.5    Certifications
    17.5    Biotec (Novacyt Group)
        17.5.1    Financial Analysis
        17.5.2    Product Portfolio
        17.5.3    Demographic Reach and Achievements
        17.5.4    Mergers and Acquisition
        17.5.5    Certifications
    17.6    Creative Diagnostics
        17.6.1    Financial Analysis
        17.6.2    Product Portfolio
        17.6.3    Demographic Reach and Achievements
        17.6.4    Mergers and Acquisition
        17.6.5    Certifications
    17.7    Hardy Diagnostics
        17.7.1    Financial Analysis
        17.7.2    Product Portfolio
        17.7.3    Demographic Reach and Achievements
        17.7.4    Mergers and Acquisition
        17.7.5    Certifications
    17.8    HiMedia Laboratories
        17.8.1    Financial Analysis
        17.8.2    Product Portfolio
        17.8.3    Demographic Reach and Achievements
        17.8.4    Mergers and Acquisition
        17.8.5    Certifications
    17.9    Pro Lab Diagnostics Inc.
        17.9.1    Financial Analysis
        17.9.2    Product Portfolio
        17.9.3    Demographic Reach and Achievements
        17.9.4    Mergers and Acquisition
        17.9.5    Certifications
    17.10    Thermo Fisher Scientific
        17.10.1    Financial Analysis
        17.10.2    Product Portfolio
        17.10.3    Demographic Reach and Achievements
        17.10.4    Mergers and Acquisition
        17.10.5    Certifications
18    Global Latex Agglutination Test Kits Market - Distribution Model (Additional Insight)
    18.1    Overview 
    18.2    Potential Distributors 
    18.3    Key Parameters for Distribution Partner Assessment 
19    Key Opinion Leaders (KOL) Insights (Additional Insight)
20    Company Competitiveness Analysis (Additional Insight)

    20.1    Very Small Companies
    20.2    Small Companies
    20.3    Mid-Sized Companies
    20.4    Large Companies
    20.5    Very Large Companies
21    Payment Methods (Additional Insight)
    21.1    Government Funded
    21.2    Private Insurance
    21.3    Out-of-Pocket


*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The market attained a value of about USD 482.28 million in 2023, driven by the increased food allergic patients and infectious diseases across the globe.

The market is anticipated to grow at a CAGR of 4.30% during the forecast period of 2024-2032, likely to reach a market value of USD 704.5 million by 2032.

The market demand increased significantly owing to the sudden outbreak of COVID-19, where test kits were highly used owing to its effective and economical results.

The current market trend revolves around the increased application of latex agglutination test kits in various industries like food and environmental testing. Gold Standard Diagnostics launched their Microgen latex agglutination test kits in November 2023, which detect the presence of Salmonella, Legionella or Staphylococcus aureus colonies in a sample.

The types can be divided into antibody detection and antigen testing.

Blood, urine, and cerebrospinal fluid (lumbar puncture), among others are the common sample tests.

Major end users include hospital-based laboratories and standalone clinical laboratories, among others.

The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.

Key players involved in the market are Arlington Scientific Inc., Atlas Medical GmbH, Biomerieux SA, Bio-Rad Laboratories Inc., Biotec (Novacyt Group), Creative Diagnostics, Hardy Diagnostics, HiMedia Laboratories, Pro Lab Diagnostics Inc., and Thermo Fisher Scientific.

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