Press release
Saliva Collection Devices Market is projected to reach USD 457.3 million by 2026
The research report " Saliva Collection Devices Market By Product Type (Saliva Fluids, Oral Swab, and Others), By End User (Criminal & Forensics, Consumer, and Diagnostic & Pathology Laboratory), and Geography and Geography– Global/Region/Country Forecast to 2027", Global Skin Tightening Market was valued US$ 301.6 Mn in the year 2019 and is anticipated to grow at US$ 457.3 Mn till 2026 witnessing a CAGR of 12.3% over the forecast period 2021-2027.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on Saliva Collection Devices Market By Product Type (Saliva Fluids, Oral Swab, and Others), By End User (Criminal & Forensics, Consumer, and Diagnostic & Pathology Laboratory), and Geography – Global/Region/Country Forecast to 2027",
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Growing count of several alignments increase the demand for saliva collection devices:
From an overall perspective, Global Saliva Collection Devices market report is the unique depiction of complete outlook on saliva collection devices around the globe with huge focus on covering key regions such as North America, Asia Pacific, Europe, Middle East & Africa and Latin America. It further provides present and future market sizes according to end user, product type and region. Dynamics of the market are also studied in this market analysis to identify driving factors, latest trends, possible challenges and future opportunities. The COVID 19 pandemic is expected to have a huge impact on 2020 sales, according to PBI, and 2019 is the peak year for saliva collection products. The rise in consumer-based DNA testing expected as a result of COVID 19 is expected to generate lucrative opportunities for saliva collection system manufacturers. The report also sheds light on market competition, human demographics and global market scenario. There are several major factors that contribute greatly to the growth of global saliva collection devices market growth such as clinical diagnostics, increase in the Consumer based DNA testing and workforce drug testing. A few other leading factors that propel the market growth over the forecast years are substitution in urine samples and huge increase in federal workplace drug testing.
North America contributed huge revenue share in the global s saliva collection devicses market:
North America obtained the huge market revenue share in 2020 followed by Asia Pacific in the global saliva collection devices market. North America accounted almost US$ 248.3 Mn in 2020 and is projected to reach with a huge CAGR rate over the forecasting period 2021-2027 due to the factors like huge use of saliva collection devices in USA, Australia, Canada and European Nations. Several organizations in North America in this sector are growing because of the availability of required funds to do research and develop novel and advanced treatments making use of clinical trials. Increasing count of regulatory agencies in the region and increasing preference towards the use of technologically advanced products is also driving the saliva collection devices market growth in North America for huge revenue. The saliva collection devices usage is getting fame in several developing nations. For example, OraSure Technologies brought saliva-based HIV tests in Africa.
Opportunities for Saliva Collection Devices Market:
The opportunity for saliva samples to diagnose COVID 19 is huge and projected created additional revenues for the saliva collection device manufacturers. Companies are ramping up their production capacities and applying to regulatory bodies for the saliva test approvals and collection devices. For example Spectrum Solutions has received the approval for saliva based COVID 19 test and first saliva collection device to be authorised for the COVID 19 testing Spectrum solutions is planning to produce more than 15 Million saliva collection devices in a month by end of this year 2020 this signifies the potential opportunity in the saliva collection devices for COVID 19 testing. The Orasure Technologies is ahead of this race and actively collaborating with companies like Phosphorous which recently got US FDA emergency approval for at home saliva test for COVID 19 to supply their saliva collection devices.
Competitive Analysis:
There are many leading key players operating in the market bringing new product launchings and following unique strategies such as accomplishing geographical expansion, regulation of trial cost and bringing onward efficiency of activities undertaken. A few of them include OraSure Technologies, Inc., Oasis Diagnostics® Corporation, Salimetrics, LLC., Oranoxis Inc., DiaMetra srl, SARSTEDT AG & Co. KG, Greiner Bio-One International GmbH, Porex Corporation, Alere Inc., and Thermo Fisher Scientific.
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