The swabs market size has the potential to grow by USD 711.20 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.48%.
This report provides a detailed analysis of the market by application (medical, industrial, and others), geography (North America, Asia, Europe, and ROW), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 3M Co.
- AdvaCare International
- Becton, Dickinson and Co.
- bioMérieux SA
- COPAN ITALIA spa
- Merck KGaA
- PURITAN MEDICAL PRODUCTS Co. LLC
- SARSTEDT AG & Co. KG
- Thermo Fisher Scientific Inc.
- Unilever Group
The swabs market is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increasing demand for infection control in healthcare facilities to achieve growth opportunities. However, factors such as limitations in the standardization of swab sampling will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the swabs market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This swabs market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Swabs Market: Key Drivers and Trends
- The increase in number of cases of hospital-borne infections has created the demand for pathogenic control among healthcare facilities.
- Healthcare facilities are increasingly using infection control technologies which increases the preference for swab sampling and direct agar plate methods.
- There is an increase in the adoption of environmental monitoring in healthcare facilities because of the guidelines provided on the prevention and control of hospital-associated infections.
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- The rise in adoption of online product ordering is one of the major swabs market trends.
- The increasing adoption of advanced IT infrastructure by end-users has enabled market vendors to explore new business opportunities through the online sales channel.
- Online ordering facilities also increases the propensity of end-users to avail fast delivery options.
- The above-mentioned factors will increase the preference for swab products through online platforms, which will influence market growth.
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Swabs Market: Segmentation by Geography
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37% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for swabs in North America. Market growth in this region will be slower than the growth of the market in other regions.
The increasing demand for swab sampling in environmental monitoring and the surging growth in infectious disease diagnosis are the prime factors that will facilitate the swabs market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Swabs Market: Segmentation by Application
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Swabs are extensively used in medical applications such as in diagnostic laboratories, hospitals, and clinics. The increasing prevalence of infectious diseases, such as influenza, hepatitis, cholera, sepsis, and tuberculosis is driving the demand for diagnostic testing leading to the rise in swab testing. The rising demand for swab products as an applicator and sampling tool will also result in an increase in the usage of swabs in the medical sector. However, the market segment will record a slow growth rate during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the swabs market size. Fetch actionable market insights on the post COVID impact on the market segments .
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Swabs Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive swabs market growth during the next five years
- Precise estimation of the swabs market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the swabs industry across North America, Asia, Europe, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of swabs market vendors
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