Lateral Flow Technology Market to Surpass $2.7 billion by 2010, Says a New Report Available From Piribo.com

Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has now added a new report on the flourishing worldwide lateral flow point of care tests market. "Lateral Flow Technology and the Future of Point of Care Diagnostics" forecasts that the market will grow from $1.8 billion to $2.7 billion by 2010.

(PRWEB) March 4, 2007 -- Diagnostic testing for diabetes, pregnancy, drug abuse, even heart disease and some cancers is slowly moving from the hospital to the pharmacy, options that allow consumers increased control over their health. Lateral flow tests are offering the high portability and low cost needed to make this new health trend a reality.

As a result, the market for lateral flow point of care tests for everything from cardiac markers and cholesterol to diabetes and infectious diseases continues to rise at a healthy rate. New tests in development should help to assure market growth and wider acceptance with both patients and health providers.

This detailed report includes research and development pipelines, extensive company profiles, trends to watch which could increase sales predictions, and more. In addition, this report looks at the developing market for immunochromatographic strip (ICS) tests. These rapid results tests have shown the greatest market potential in the professional point of care setting, making it an interesting market to watch.

"Lateral Flow Technology and the Future of Point of Care Diagnostics "is available in pdf format from Piribo. For more information, go to: http://www.piribo.com/publications/diagnostic/lateral_flow_technology_future_point_care_diagnostics.html

Piribo product ID: KAL107

About Piribo.
Piribo (http:www.piribo.com) is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 6,000 English language titles including, market reports, studies and books and is the UK's largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.

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