Swabs Market by Application and Geography - Forecast and Analysis 2021-2025
Published: Jan 2021 | Pages: 120 | SKU: IRTNTR70055 |
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
Browse TOC and LoE with selected illustrations and example pages of Swabs Market
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
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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 .
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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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Medical - Market size and forecast 2020-2025
- Industrial - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Application
- COVID-19 impact and recovery for application segment
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Asia - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- ROW - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- AdvaCare International
- bioMérieux SA
- COPAN ITALIA spa
- Merck KGaA
- PURITAN MEDICAL PRODUCTS Co. LLC
- SARSTEDT AG & Co. KG
- Thermo Fisher Scientific Inc.
- Unilever Group
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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swabs market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis