Medical Sterile Swabs Market COVID-19 Impacts Global Opportunity, Analysis and Industry Forecast 2027, Says The Insight Partners
According to our new market research study on “Medical Sterile Swabs Market to 2027 – Global Analysis and Forecast – by Product, andEnd User,” the market is expected to reach US$ 4,586.05 million by 2027 from US$ 2,663.03million in 2019;it is estimated to grow at a CAGR of 7.0% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. A broader applications of medical sterile swab, growing demand of sterile swab for SARS-CoV-2 detection, and 3D printed sterile swabs are the factors driving the growth of the medical sterile swabs market; however, the challenges associated with sterile swab hinders 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 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.
Request for sample Pages on Medical Sterile Swabs Market Study at: https://www.theinsightpartners.com/sample/TIPRE00013466/
Medical Sterile Swabs Market: Competition Landscape and Key Developments
3M; BD; Biosigma S.p.A; Dynarex Corporation; Lynn Peavey Company; MWE; Puritan Medical Products; FL MEDICAL s.r.l.; Super Brush LLC; and Copan Italia S.p.A. are among the leading companies operating in the medical sterile swabs market.
The companies have adopted inorganic and organic growth strategies to expand their global footprints and product portfolios to meet the rising demand for the medical sterile swabs and services. For instance, in July 2020, 3M has collaborated with the Sikes Lab to mutually develop the rapid COVID-19 test, along with establishing novel processes for scaling it. The collaborative efforts are determined to analyse result’s accuracy provided in within 10 minutes by the test. Based on the result, the company is likely to enhance its production.
The scope of the medical sterile swabs market includes product, end-user, and region. The regional analysis of the market is 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.
Broader Applications of Medical Sterile Swab
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.
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.
Medical Sterile Swab Market: Segmental Overview
Based on product, the medical sterile swabs market is segmented into cotton tipped swabs, foam tipped swabs, non-woven swabs, and others. The cotton tipped swabs segment held the largest share of the market in 2019;however, non-woven swabs segment is anticipated to register the highest CAGR in the market during the forecast period.The non-woven swabs segment is expected to witness the fastest growth rate because it is more absorbent than the woven swabs; hence, it assist in better cleaning of wounds. Moreover, they have a small wicking effect, have less lint,loose fibers; therefore they are widely accepted in the medical applications.
- North America
- Rest of Europe
- Asia Pacific(APAC)
- South Korea
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of Middle East and Africa
- South and Central America (SCAM)
- Rest of South and Central America
Buy Copy of Medical Sterile Swab Market Research Study at: https://www.theinsightpartners.com/buy/TIPRE00013466/
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
If you have any queries about this report or if you would like further information, please contact us: