Swabs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Swabs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : August, 2020 | Medical Devices | PPT format

Report Digest

Swabs Market – Overview

Swabs are also called as wipes. These are medicated absorbent materials or pads that are used as a part of medicine and surgery. They are also used as a part of pre-injection, first aid kits, and wound cleansers. A swab contains of an absorbent material that actually provides medical features to it. These features or properties are pertained with other medical chemicals such antiseptics. Some of the commonly used antiseptics are iodine, cetrimide, and chelorhexidine. At time disinfectants such as alcohol is also used in swabs. The antiseptic swabs, which have active and targeted ingredients show particular actions that come under the medical purview.

Swabs Market – Notable Developments

Some of the recent notable developments of the global swabs market are given below:

  • In July 2018, Cepheid, a global leader in the swabs market announced that company has successfully received the 510(k) clearance from the US Food and Drug Administration department. This clearance is for clinical advance laboratory amendments and waiver for RSV and Xpert Xpress Flu test. This clearance will allow the labs to expand their capacity by extending of regularized testing for RSV, Step A, and flu for the settings of point of care.
  • In October 2018, Reveal Data announced that the company has signed software agreement with KPMG. This agreement will see the company providing forensic software to KPMG. The Forensic Technology practice of KPMG will make use of the eDiscovery software provided by Reveal Data.

Swabs Market – Drivers and Restraints

There are several factors that are helping to drive the growth of the global swabs market. One of the key driving factor for the market growth has been the recent rise in hospital bones infections. This growth in infection has created the need for pathogenic control among these healthcare centers. These healthcare centers are being identified as a high-risk environment for infection among healthcare practitioners and patients as well. This is the reason why these healthcare centers and hospitals have been increasingly using infection control technologies such as self-disinfecting paints, ultra-violet disinfection, and ozonated water among others. This has helped in increasing the preference for direct agar plate methods and swab sampling methods. Naturally, such factors have helped in the growth of the global swabs market.

Another important factor for the growth of the global swabs market has been the increasing rate of geriatric population. These people are more susceptible to infections from microbes and bacteria. With the growing trend of preventive healthcare, more number of people are opting for swab sampling to undergo preventive treatments. This too has helped the overall growth of the global swabs market.

Swabs Market – Geographical Outlook

The global swabs market features a geographical outlook with five major regional segments. These regions are North America, Latin America, Middle East and Africa, Asia Pacific, and Europe. Currently, the global swabs market is dominated by the regional segment of North America. The segment is also expected to continue to lead the market during the course of the mentioned forecast period of 2018 to 2028. The growth of the swabs market in North America is primarily driven due to the growing demand for swab sampling for activities such as environment monitoring. Moreover, a rapid growth of infectious diseases and the need for their accurate diagnosis is also creating a great demand for the growth of the swabs market in the North America region. In addition to this, the growing developments in terms of technology in sectors such as healthcare and pharmaceuticals is also expected to give a solid push to the development of the swabs market in the North America region.

Segmentation: Global Swab Market

By Product

  • Alcohol Swab
  • Cotton Swab
  • Dry Swab
  • Gauze Swab

 By Shaft

  • Aluminum Shaft
  • Polypropylene Shaft

By Test type

  • DNA
  • Urine
  • Saliva

By Type covers

  • Cotton Tipped Swabs
  • Foam Tipped Swabs
  • Non Wave
  • Other

 By Applications:

  • Specimen collection
  • Disinfection
  • Other

By End-User

  • Microbiological Laboratory
  • Hospitals
  • Clinics
  • Academia & Research Institutes

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

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

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.