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Lateral Flow Assay Market will reach at a CAGR of 4.8% from to 2027

The global lateral flow assay market is expected to grow from USD 8,232.8 million in 2020 to USD 12,489.0 million by 2027, at a CAGR of 4.8% from 2021 to 2027.

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Lateral Flow Assay Market Size, Trends, and Growth by 2027
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Lateral Flow Assay Market Size, Trends, and Growth by 2027

The key factors propelling the market studied include growing infectious diseases, increasing technological advancements and government initiatives. Also, the major factors attributing to the growth of the lateral flow assay market are a rise in the