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Saliva Collection Devices Market Was Valued at USD 263.3 million in 2021 Owing to Increased Innovative Technologies

05-10-2022 12:27 PM CET | Health & Medicine

Press release from: Precision Business Insights

According to Precision Business Insights (PBI) latest report, the global saliva collection devices market is expected to be worth USD 291.7 million in 2022, growing at a 12.9% CAGR from 2022 to 2028. Global saliva collection devices market segmented into following types: By Product Type (Whole Saliva Collection Devices and Glandular Saliva Collection Devices), By Application (Pharma and Biotech Companies, Forensics, Dentistry, Diagnostic and Pathology Laboratories, and Research Institutes), and Geography (North America, Europe, Asia-Pacific, Latin America, and MEA) Forecast to 2028. Key player's profiles in the saliva collection devices market report are Abbott., NEOGEN Corporation., Salimetrics, LLC., Oasis Diagnostics Corporation., DiaMetra, Isohelix, OraSure Technologies., Candela Medical, and Quest Diagnostics. The global saliva collecting devices market is primarily driven by widespread improvements in the field of healthcare and medicine, particularly in terms of testing and development of new medical procedures, medications, and experiments. Furthermore, as the number of ailments requiring saliva sample testing rises, the market for saliva collection equipment is seeing an increase in demand. Again, numerous governments encourage the conduct of ethical and efficient clinical trials to benefit humanity through novel medicines. However, supply of defective and faulty products and consideration of drug abuse testing as a violation of rights are hampering the saliva collection devices market.

View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/saliva-collection-devices-market/

Biotech Companies Segment Dominates the Saliva Collection Devices Market:
The biotech companies' segment is estimated to provide the greatest revenue share of 67.8 percent in the saliva collection devices market in 2022. The market may be boosted by biotech companies' quick breakthroughs and innovative technology. The rapid advancements in healthcare, notably in diagnostics, as well as the advent of novel medical procedures and experiments, are primarily responsible for the worldwide saliva collecting devices market's leadership.

North America Leads Saliva Collection Devices Market:
In 2021, the market for saliva collection devices in North America had the greatest market share of 32.3 percent. Because of the increasing number of product approvals and technological breakthroughs, as well as the rising frequency of chronic diseases, North America dominates the saliva test devices market. Furthermore, due to increased awareness of easy and safe diagnosis of various diseases through multiple symposiums and conferences organised in the region, the Asia-Pacific market is expected to grow the most over the forecast period.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global Saliva Collection Devices Market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In January 2020, NEOGEN Corporation announced that it has acquired the Productos Quimicos Magiar, a distributor of the company's food safety diagnostics leading to increased sales and revenue in future.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=42550

Saliva Collection Devices Market detailed segmentation:
Based on the Product type, the market is segmented into the following:
• Whole Saliva Collection Devices
• Glandular Saliva Collection Devices

Based on the Application, the market is segmented into the following:
• Pharma and Biotech Companies
• Forensics
• Dentistry
• Diagnostic and Pathology Laboratories
• Research Institutes

Based on the geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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