Sales of Swab Sticks Is Predicted To Reach US$ 3.24 Billion by 2032| Fact.MR Forecasts

Global sales of swab sticks are estimated to be valued at US$ 1.79 Bn in 2022. Looking ahead, the global swab sticks market is predicted to reach US$ 3.24 Bn by 2032, expanding at a CAGR of 6.1% from 2022 to 2032.

Swab sticks have seen eye-catching demand increase in recent years, especially with the onset of the COVID pandemic. The global medical swab market is bolstered by their ease of use, low cost, and quick screening.

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Competitive Landscape: Top Companies in Swab Sticks Market

The global swab sticks market is partially consolidated in nature owing to the highly-efficient production capacity of leading swab stick manufacturers.

Leading swab stick producers are adopting hybrid growth strategies, i.e., both organic and inorganic. Inorganic strategies such as collaborations and partnerships are helping market players enhance their consumer base and global penetration.
Also, product innovation, as an organic strategic approach, is being adopted by leading companies to cater to market demand by using technical advancements during the pandemic; for instance, 3D-printed swabs accelerated swab stick production during the pandemic.

• Puritan, in April 2021, announced the launch of innovative products and the registration of new patents to protect its innovations. The U.S. Patent and Trademark office issued new patents to protect its innovative flocked swab technology.

• Hologic Inc., in January 2021, acquired Diagenode, a European developer and manufacturer of molecular diagnostics assay products.

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Key Companies Profiled by Fact.MR

• BD
• PURITAN
• COPAN
• DELTALAB
• Hologic Inc.
• Formlabs
• OraSure Technologies
• Hygiena
• AdvaCare
• Aptaca
• Other Market Players

Swab Sticks Industry Survey by Category

• Swab Sticks Market by Sterility:

o Sterile Swab Sticks
o Non-sterile Swab Sticks

• Swab Sticks Market by Tip Material:

o Cotton swab stick
o Synthetic swab stick

• Swab Sticks Market by Shaft Material:

o Paper Swab Sticks
o Metal/Wire Swab Sticks
o Plastic Swab Sticks
o Wood Swab Sticks

• Swab Sticks Market by Application:

o Specimen Collection
o Disinfection/ Cleaning
o Others

• Swab Sticks Market by End Use:

o Hospitals and ASCs
o Diagnostic Laboratories
o Specialty Clinics
o Pharmaceutical Industry
o Research and Development Centers
o Others

• Swab Sticks Market by Sales Channel:

o B2B Sales of Swab Sticks
o B2C Sales of Swab Sticks
 Online Retailing
 Pharmacy and Drug Store

• Swab Sticks Market by Region:

o North America
o Latin America
o Europe
o East Asia
o South Asia & ASEAN
o Oceania
o MEA

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Questionnaire answered in the Swab Sticks Market report include:

• How the market for Swab Sticks has grown?
• What is the present and future outlook of the global Swab Sticks on the basis of region?
• What are the challenges and opportunities for the Swab Sticks?
• Why the consumption of Swab Sticks highest in region?
• In which year segment is expected to overtake segment?

Table of Content

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Market Background

4.1. Global Swab Sticks Market Outlook
4.2. Scenario Forecast
4.2.1. Demand in Optimistic Scenario
4.2.2. Demand in Likely Scenario
4.2.3. Demand in Conservative Scenario
Contd.....

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