Europe Swabs Collection Kits Market, By Type (Nasopharyngeal, Oropharyngeal, Nares and Others), Configuration (Flocked Swab, Regular Swab and Others), Tip Material (Rayon, Polyester, Nylon, Foam, Cotton, Calcium Alginate and Others), Shaft (Plastic Shafts, Wooden Shafts, Aluminum, Resins and Others), Specimen (Throat Swab Specimen, Vaginal Swab Specimen, Penile Meatal Swab, Rectal Swab Specimen and Others), Application (Pharmaceutical, Microbiological, Laboratory, Disinfection and Others), End User (Diagnostic Laboratories, Hospital & Clinics, Research & Academic Institutes, Home Healthcare and Others), Distribution Channel (Direct Tenders, Retail Sales and Others), Country (Germany, France, U.K., Italy, Spain, Russia, Switzerland, Netherlands, Belgium, Turkey, and Rest of Europe,) Industry Trends & Forecast to 2028
The swabs collection kits market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.6% in the forecast period of 2021 to 2028 and is expected to reach USD 1,298.55 million by 2028. Increasing prevalence of SARS CoV-2 and increasing approval of diagnostics tests is the major driver which is propelling the swabs collection kits market in the forecast period.
Swab testing is a clinical method of taking a sample of various secretions such as nasal, nasopharyngeal among others. The sample is then analysed for the presence of various microorganisms or other clinical markers for disease. The sample collection kit means reagents and vitals provided for use in collecting a sample and then shipping them to laboratories for analysis.
Due to the rising demand for large volumes of sample testing and setting footprints in different regions, the market will show growth in the coming years. These initiatives taken by manufacturers to meet the rising demand of the market is expected to drive the growth of swabs collection kits market. Saliva can be considered as one of the types of alternative testing to swab collection and can be used to detect many other diseases such as hepatitis, measles, rubella among others. This may pose as a restriction to traditional methods of sample collection using swabs hampering the swabs collection kits market. Owing to the technical advancement, new and advanced methods that are being developed to promote usage of swab collection kits is giving opportunities for the growth of the swabs collection kits market. The stringent government regulation on new products and instruments approval will likely to challenge the swabs collection kits market.
This swabs collection kits market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The swabs collection kits market is categorized into eight notable segments which are based on type, configuration, tip material, shaft, specimen, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the swabs collection kits market is segmented into nares, oropharyngeal, nasopharyngeal and others. In 2021, nasopharyngeal segment is expected to dominate the market due to high technology adoption by key players in the market.
- On the basis of configuration, the swabs collection kits market is segmented into regular swab, flocked swab and others. In 2021, flocked swab segment is expected to dominate the market because of increasing healthcare expenditure.
- On the basis of tip material, the swabs collection kits market is segmented into polyester, nylon, calcium alginate, cotton, rayon, foam and others. In 2021, rayon segment is expected to dominate the market due to increasing demand of swab collection kits in the market.
- On the basis of shaft, the swabs collection kits market is segmented into plastic shafts, wooden shafts, resins, aluminum and others. In 2021, plastic shafts segment is expected to dominate the market because of increasing prevalence of SARS CoV-2 population.
- On the basis of specimen, the swabs collection kits market is segmented into vaginal swab specimen, penile meatal swab specimen, rectal swab specimen, throat swab specimen and others. In 2021, throat swab specimen segment is expected to dominate the market because of increasing prevalence of SARS CoV-2 population.
- On the basis of application, the swabs collection kits market is segmented into pharmaceutical, microbiological, disinfection, laboratory and others. In 2021, pharmaceutical segment is expected to dominate the market because of rising prevalence of geriatric population who are more susceptible to infectious diseases.
- On the basis of end user, the swabs collection kits market is segmented into hospital & clinics, research & academic institutes, diagnostic laboratories, home healthcare and others. In 2021, hospital & clinics segment is expected to dominate the market because of rising number of players in the market.
- On the basis of distribution channel, the swabs collection kits market is segmented into direct tenders, retail sales and others. In 2021, direct tenders segment is expected to dominate the market because of increasing awareness of testing kits among patients.
Swabs Collection Kits Market Country Level Analysis
Europe swabs collection kits market is analysed and market size information is provided by the country, type, configuration, tip material, shaft, specimen, application, end user and distribution channel as referenced above.
The countries covered in the Europe swabs collection kits market report are Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey and rest of Europe.
Europe is expected to dominate the market due to the rising investments in development of swabs testing kits. U.K. is dominating the market due to the rise in geriatric population and rising prevalence of infectious diseases. The region is expected to grow with the most promising growth rate in the forecast period of 2021 to 2028 because major companies foraying into the market such as Quidel Corporation, Thermofisher Scientific Inc. that are investing in developing test kits that favor results with high accuracy and minimum turnaround time.
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 such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing Partnership and Product Launch is creating new opportunities for Players in the Swabs Collection Kits Market
The swabs collection kits market also provides you with detailed market analysis for every country growth in particular industry with swabs collection kits sales, impact of advancement in the swabs collection kits and changes in regulatory scenarios with their support for swabs collection kits market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Swabs Collection Kits Market Share Analysis
The swabs collection kits 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, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to swabs collection kits market.
The major companies which are dealing in the Europe swabs collection kits market are Quidel Corporation, Titan Biotech Ltd, VIRCELL S.L., Medline Industries, Inc., Puritan Medical Products, BD, DiaSorin Molecular LLC, COPAN Diagnostics Inc., Lucence Health Inc., BTNX Inc., Norgen Biotek Corp., Thermo Fisher Scientific Inc., Hologic, Inc., Quest Diagnostics Incorporated, MWE among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launch and agreement are also initiated by the companies’ worldwide which are also accelerating the swabs collection kits market.
- In February 2020, VIRCELL S.L. announced the launch of real tine PCR kit for the detection of SARA-CoV-2 which will allow the fast and reliable results in 90 minutes. This will help the company to generate revenue.
Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the swabs collection kits market which also provides the benefit for organisation to improve their offering for Swabs Collection Kits Market.
Customization Available: Europe Swabs Collection Kits Market
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