Global Swab Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 3.27 Billion |
Market Size (Forecast Year) |
USD 5.40 Billion |
CAGR |
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Major Markets Players |
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Global Swab Market Segmentation, By Product (Alcohol Swab, Cotton Swab, Dry Swab, Gauze Swab), Shaft (Aluminum Shaft, Polypropylene Shaft), Test Type (DNA, Urine, Saliva), Type covers (Cotton Tipped Swabs, Foam Tipped Swabs, Non-Wave, Other), Application (Specimen Collection, Disinfection, Other), End-User (Microbiological Laboratory, Hospitals, Clinics, Academia and Research Institutes) – Industry Trends and Forecast to 2031.
Swab Market Analysis
Swabs are increasingly gaining popularity in the backward economies. According to the US journal, more than 50% of the injuries in the country require swabs. This indicates that the more the surgeries and the more the use of swabs. Swabs are easily available in the market via both online and offline modes of distribution.
Swab Market Size
Global swab market size was valued at USD 3.27 billion in 2023 and is projected to reach USD 5.40 billion by 2031, with a CAGR of 6.48% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Swab Key Market Insights |
Segmentation |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Key Market Players |
Cardinal Health (US), Bayer AG (Germany), Braun Melsungen AG (Germany), Puritan Medical Products (US), SARSTEDT AG & Co. KG (Germany), Medical Wire & Equipment (UK), FL MEDICAL s.r.l (Italy), Clean Cross Co.,LTD. (Japan), Neogen Corporation (US), Citotest Labware Manufacturing Co., Ltd. (China), Unilever (UK), GPC Medical (India), Elmex Controls Pvt Ltd. (India), Copan Diagnostics, Inc. (Italy), Medscape (US), AdvaCare (US), Strema S.r.l. (Italy), Blue Manufacturing Company (US), BD (US), Thermo Fisher Scientific Inc. (US), Merck KGaA (Germany), Sirchie (US) and GROUPE LEMOINE (France) |
Market Opportunities |
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Swab Market Definition
In other words, swabs are also known as wipes which are medicated absorbent pads or materials. Swabs are used for wound cleansing, surgical procedures, first aid services and others. Swab contains absorbent material which exhibits medical properties.
Swab Market Dynamics
Drivers
- Rising prevalence of surgeries
Growing rate of surgical procedures all around the globe owing to various factors is one of the major factors fostering the growth of the market. Rising number of road accidents is further inducing the growth of the market. India ranks 1st in the number of road accident deaths.
- Research and development proficiencies
Rising expenditure for research and development proficiencies especially in the developed and developing economies pertaining to the medical instruments and devices will further create lucrative market growth opportunities. Research and development proficiencies being conducted to provide care against injuries is also bolstering the market growth rate.
- Growing investment for healthcare facilities
Surging focus towards improving the condition of healthcare facilities and improving the overall healthcare infrastructure another important factor fostering the growth of the market. Rising number of partnerships and strategic collaborations between the public and private players pertaining to funding and application of new and improved technology is further creating lucrative market opportunities.
Opportunities
Furthermore, upsurge in the public-private funding for target research activities, constant development in number of infectious diseases and surgeries, rising geriatric population base and rising product innovations and development owing to technological advancements all around the world will extend profitable opportunities for the market players in the forecast period of 2024 to 2031. Additionally, rise in the number of sports injuries, rising internet penetration rate, growing number of cardiovascular diseases and increasing per capita expenditure on health care will further expand the market's growth rate in the future.
Restraints/Challenges
On the other hand, high cost associated with the research and development proficiencies, limited infrastructural facilities, uneven distribution of medical services and dearth of awareness in the backward economies are expected to obstruct market growth. Also, lack of favorable reimbursement scenario and technology penetration in the developing economies, decline in the healthcare expenses in the advancing countries, and lack of suitable infrastructure in low- and middle-income countries are projected to challenge the market in the forecast period of 2024-2031.
This swab market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the swab market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Swab Market
COVID-19 gave a push to the market in the upward direction. This is because of the increasing adoption of rapid diagnostic kits. Rising rate of hospitalization owing to the increasing prevalence of coronavirus infection has further fuelled up the market growth rate. For example- in March 2020, Puritan Medical Products increased the production of these products up to a million per week. Moreover, with the rising relaxation post pandemic, the market is expected to grow leaps and bounds.
Swab Market Scope
The swab market is segmented on the basis of product, shaft, test type, type covers, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Alcohol Swab
- Cotton Swab
- Dry Swab
- Gauze Swab
On the basis of product, the swab market is segmented into alcohol swab, cotton swab, dry swab, gauze swab.
Shaft
- Aluminium Shaft
- Polypropylene Shaft
On the basis of shaft, the swab market is segmented into aluminum shaft, polypropylene shaft.
Test type
- DNA
- Urine
- Saliva
On the basis of test type, the swab market is segmented into DNA, urine and saliva.
Type covers
- Cotton Tipped Swabs
- Foam Tipped Swabs
- Non Wave
- Other
On the basis of type covers, the swab market is segmented into cotton tipped swabs, foam tipped swabs, non wave, other.
Application
- Specimen Collection
- Disinfection
- Other
On the basis of application, the swab market is segmented into specimen collection, disinfection, other.
End-user
- Microbiological Laboratory
- Hospitals
- Clinics
- Academia and Research Institutes
On the basis of end-user, the swab market is segmented into microbiological laboratory, hospitals, clinics, academia and research institutes.
Swab Market Regional Analysis
The swab market is analysed and market size insights and trends are provided by country, product, shaft, test type, type covers, application and end-user as referenced above.
The countries covered in the swab market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the swab market because of the strong base of healthcare facilities, widespread utilization of medications, increase in the expenses in the health care and rising number of research activities in this region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to the increase in government initiatives to promote awareness, rise in medical tourism, growing research activities in the region, availability of massive untapped markets, large population pool, availability of the well-established infrastructure, presence of key market players, rise in cases of cardiovascular diseases and the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The swab market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for swab market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the swab market. The data is available for historic period 2010-2020.
Swab Market Share
The swab market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to swab market.
Swab Market Leaders Operating in the Market Are:
- Cardinal Health (US)
- Bayer AG (Germany)
- Braun Melsungen AG (Germany)
- Puritan Medical Products (US)
- SARSTEDT AG & Co. KG (Germany)
- Medical Wire & Equipment (UK)
- FL MEDICAL s.r.l (Italy)
- Clean Cross Co.,LTD. (Japan)
- Neogen Corporation (US)
- Citotest Labware Manufacturing Co., Ltd. (China)
- Unilever (UK)
- GPC Medical (India)
- Elmex Controls Pvt Ltd. (India)
- Copan Diagnostics, Inc. (Italy)
- Medscape (US)
- AdvaCare (US)
- Strema S.r.l. (Italy)
- Blue Manufacturing Company (US)
- BD (US)
- Thermo Fisher Scientific Inc. (US)
- Merck KGaA (Germany)
- Sirchie (US)
- GROUPE LEMOINE (France)
Latest Developments in Swab Market
- In March 2021, Roche Diagnostics launched a rapid antigen nasal test in UK. The latest addition to Roche’s COVID-19 portfolio is a test to support the healthcare systems in diagnosing COVID infection.
- In April 2020, US FDA approved a Q-tip polyester swab produced by the Cleveland Company US cotton. This approval was granted to maximize the production of these products.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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