Swab Market By Global Qualitative Analysis, Outlook, Growth, Trends, Size with Industry Top Players and Forecast to 2023

The Global Swab Market is growing mainly due to the rising cases of surgery. According to a recent study report published by the Market Research Future, The global Swab market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).

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Swabs are medicated absorbent pads or materials, which are used as a part of surgery and medicine, pre-injection swabs, wound cleansers, or in a first aid kit. A swab consists of an absorbent material, which actually imparts the medical properties to the swab. These are pertained with antiseptics such as chlorhexidine, cetrimide or iodine or disinfectants such as alcohol. The antiseptics swabs that have active ingredients and show targeted and specific actions come under the medical products. On the other hand, alcohol swabs do not have active ingredient, thus, they do not show targeted action. According to the healthcare cost and utilization project report of the U.S. published in 2017, over 22 million surgeries were performed in 2014. Over 50% of these surgeries occurred in a hospital inpatient setting, which added a boost to the market growth. Furthermore, according to WHO report on global disease burden, by 2020 chronic diseases will account for almost three quarters of all deaths worldwide and 71% deaths will be on account on Ischaemic Heart Disease (IHD).

Global Swab Market - Key Players

Some of key players profiled in the report are Puritan Medical Products., Sarstedt, MWE, SARSTEDT AG & Co, Lab M Limited., Clean Cross Co.,LTD., GPC medical ltd., Citotest Labware Manufacturing Co., Ltd., Q-TIPS, and ELMEX.

Global Swab Market - Competitive Analysis

The global swab market is currently dominated by few players.

Puritan Medical Products is one of them by holding a strong share in the market. As of Jan 21, 2000, Puritan-Bennett Corp. was acquired by Airgas Inc. Product portfolio of company is categorized in six major categories i.e. Controlled Environments, Diagnostics + Specimen Collection, Environmental, Forensics + Genetics, Microbiology Media, and Medical. Swab is covered under Forensics + Genetics, which includes Puritan 5" Sterile Large Round Foam Swab w/Polypropylene Handle, PurFlock Ultra 6" Sterile DNA-Free Standard Flock Swab w/Plastic Handle & Tube, HydraFlock 6" Sterile Large Flock Swab w/Polystyrene Handle, 80mm Breakpoint, Puritan 6" Sterile Standard Cotton Swab w/Wooden Handle, Fab-Swab 5" Sterile DNA Controlled Mini-tip Cotton Swab w/Wood Handle & Tube, and many others.

Sarstedt, Inc. is also one of the leading player in Swab market. The company develops, manufactures, and sells equipment and consumables in the medicine and research field. Product portfolio of company includes diagnostic products, laboratory products.

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Global Swab Market - Segments

The global swab market has been segmented on the basis of test type, product, application, and shafts. Based on the test type, the market has been segmented as DNA, urine, saliva test, and others. Based on product, the market has been segmented as alcohol swab, cotton swab, dry swab, gauze swab, and others. Based on application, the market has been segmented into pharmaceutical, microbiological, laboratory, and others. Based on the shaft, the market has been segmented as aluminum, polypropylene shaft, and others.

Global Swab Market - Regional Analysis

The Americas account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new technology in the US drives the global swab market. Also, concentration of major research companies and centers in the developed countries of this region is adding fuel to the market growth.

Europe is the second largest market in the world due to high income and healthcare penetration.

Asia Pacific region is expected to grow rapidly. China and India are likely to lead this market due to the fastest growing healthcare sector over the forecast period.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions, and poor healthcare development.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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