Europe Medical Sterile Swabs Market Analysis, Size, and Share by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Europe Medical Sterile Swabs Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Cotton Tipped Swabs, Foam Tipped Swabs, Non-woven Swabs, Others); End User (Hospital, Clinics, Diagnostic Laboratories, Other), and Country
- Report Date : Nov 2020
- Report Code : TIPRE00016082
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 116
The Europe medical sterile swabs market is expected to reach US$ 1,153.85 million by 2027 from US$ 689.19 million in 2019. The market is estimated to grow with a CAGR of 6.6% from 2020 to 2027.
The factors responsible for market growth are broader applications of medical sterile swab, growing demand for sterile swab in SARS-CoV-2 detection, and 3D printed sterile swabs. However, challenges associated with sterile swab are projected to hamper the market growth.
A sterile medical swab is a small stick with sterile cotton at the end, used for OB/GYN, surgeries, dental, or other medical applications. It is also an absorbent pad or piece of material used in surgery and medicine to clean wounds, apply the medication, or take specimens. Medical swabs are sterile and have a resealable sterile container or bag to maintain the integrity of sample during handling and transportation to the laboratory. Various market players provide several medical swabs to perform various rapid tests.
The rising demand for sterile swabs for COVID-19 testing has resulted in a shortage of sterile swabs worldwide. The development in technology has bridged the gap for the rising demand. Companies in the medical devices sector have launched 3D printed sterile swabs for COVID-19 testing. For instance, companies such as EnvisionTEC and Qosina have introduced 3D printed sterile swabs in the market. The rising demand for sterile swabs for COVID-19 testing has resulted in a shortage of sterile swabs worldwide. For instance, in October 2020, Qosina has collaborated with Resolution Medical to introduce 3D printed sterile nasal swabs. The company has utilized Carbon Digital Light Synthesis (Carbon DLS) 3D printing technology to produce sterile swab of length 5.9 inches.
In Europe, various healthcare research centers are focused on COVID-19 therapeutics. During the initial phase of COVID-19 crisis, the demand for medical sterile swabs was hampered due to lockdown and supply chain disruptions. However, the demand for rapid testing has led to an increase in research activities. Similarly, increasing investment by a wide range of companies for the manufacture of swabs is expected to meet the growing demand. Further, the medical sterile swabs market has seen a significant growth prospects during the post-pandemic period.
Europe Medical Sterile Swabs Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe Medical Sterile Swabs Market
By Product
By End User
- Hospital
- Clinics
- Diagnostic Laboratories
- Others
By Country
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
List of Companies
- 3M
- BD
- Biosigma S.p. A.
- Dynarex Corporation
- Lynn Peavey Company
- MWE
- FL MEDICAL s.r.l.
- Copan Italia S.p.A
Europe Medical Sterile Swabs Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 689.19 Million |
| Market Size by 2027 | US$ 1,153.85 Million |
| Global CAGR (2020 - 2027) | 6.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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The List of Companies - Europe Medical Sterile Swabs Market
- 3M
- BD
- Biosigma S.p. A.
- Dynarex Corporation
- Lynn Peavey Company
- MWE
- FL MEDICAL s.r.l.
- Copan Italia S.p.A.
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