Publication Month: Oct 2020 | Report Code: TIPRE00013466 | No. of Pages: 152 | Category: Medical Device | Status: Published
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 used as an absorbent pad in surgery and applying medicine to clean wounds, apply the medication, or collect specimens. Medical swabs are sterile to protect the integrity of the samples. They often have a re-sealable sterile container or bag to maintain that integrity during handling and transportation to the laboratory.
The scope of the medical sterile swabs market includes product, end-user, and region. The regional analysis of the marketis based on North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. The report offers insights and in-depth analysis of the medical sterile swabs market, emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading global market players.
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The sterile swab plays a vital role in the sub-sectors of healthcare industry, such as medical, forensic, sample transport, and environmental testing. In medical sector, sterile swabs are used in various applications, such as applying medicine, collecting the sample, and cleaning a surface where it is hard with bare hands. Moreover, medical sterile swabs are also used for diagnosing, DNA testing, gynecological screening, wound care, and surgeries. The growing incidence of chronic diseases is expected to increase the demand for sterile medical swabs for the collection of samples.
Similarly, sterile medical swabs are widely used for molecular diagnostics, which include DNA and RNA testing as well as protein and enzyme analysis. A rise in research applications has increased the demand for sterile swab, as swabbing helps collecting unseen microorganisms and facilitates transferring bacterial samples for inoculating bacterial colonies. Thus, the outbreak of pandemic has resulted in increased clinical and diagnostics research applications to understand the physiology of the COVID-19.
The introduction of point-of-care (POC) and rapid diagnostic testing (RDT) technologies have increased the demand for sterile medical swabs. With this introduction, companies such as Puritan Medical Products and BD offer a wide range of sterile medical swabs in the market. Moreover, companies are upgrading sample collection kits with sterile swabs. For instance, in June 2020, the FDA approved Cue Health, Inc, rapid, portable, POC COVID-19 test. The company's test kit includes a plastic tray containing one single-use Cue COVID-19 test cartridge, and one single-use wrapped sterile Cue sample wand (sterile swab). The test kit utilizes a nasal swab sample taken from the lower part of the nose and provides results in 25 minutes. Thus, the companies' up-gradation of testing kits with sterile swabs is likely to foster the market growth.
Based on product, the medical sterile swabsmarket is segmented into cotton tipped swabs, foam tipped swabs, non-woven swabs, and others.The cotton tipped swabssegment held the largest share of the market in 2019; however, non-woven swabssegment is anticipated to register the highest CAGR in the market during the forecast period.
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Based on end-user, the medical sterile swabsmarket is segmented into hospital, clinics, diagnostic laboratories, and others. The hospitalsegment held the largest share of the market in 2019; however, diagnostic laboratoriessegment is expected to register CAGR in the market during the forecast period.
|Market Size Value in||US$ 2,663.03 Million in 2019|
|Market Size Value by||US$ 4,586.05 Million by 2027|
|Growth rate||CAGR of 7.0% from 2020-2027|
|No. of Pages||152|
|No. of Tables||57|
|No. of Charts & Figures||69|
|Historical data available||Yes|
|Segments covered||Product ; End-User , and Geography|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
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Inorganic strategies such as partnerships, mergers, and acquisitions are commonly adopted by companies to cater to changing customer demand worldwide, which also permits them to maintain their brand name. The market players operating in the medical sterile swabsmarket have been adopting organic strategies such as product launches and business expansions to outstretch their footprint and expand their product portfolios,along with being capable of meeting the growing demand for products.
The List of Companies - Medical Sterile Swabs Market