Global Swabs Collection Kit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Swabs Collection Kit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Swabs are used to collect body fluids or cells for certain tests. The swab, sterile cannula and any necessary testing equipment are packaged together to form a swab Collection Kit.

Market Overview:

The latest research study on the global Swabs Collection Kit market finds that the global Swabs Collection Kit market reached a value of USD 891.98 million in 2022. It’s expected that the market will achieve USD 1206.0 million by 2028, exhibiting a CAGR of 5.16% during the forecast period.

Impacts from the short-term

The outbreak of COVID-19 has brought many industries into a short period of decline, but the Swabs Collection Kit is not one of them. In fact, due to the wide range, high infectivity, and long duration of this epidemic, the downstream demand for Swabs Collection Kit has exploded. Therefore, in the short term, the positive impact of the epidemic on the industry is far greater than the negative impact.

Impacts from the long-term

The short-term explosive growth will be difficult to sustain. After the epidemic, and with the rational return of downstream demand, the development of the industry will return to normal.

Continuous innovation of product

Product innovation is the driving force behind the development of the industry and the reason why the company can continue to provide customers with quality services. The industry is responsible for the transportation of samples throughout the diagnosis process, so it is very important. Unqualified products will cause damage to the samples and may seriously mislead the final analysis results. In the early days, some people tried to collect samples with cotton swabs, but the characteristics of this natural material made it impossible to achieve effective release of specimens, and the natural fatty acids in this material interfered with the processes used in microbiology and DNA extraction, which has been proved harmful to living organisms. Therefore, merchants have developed products with good collection and release performance, such as Rayon Swabs and Flocked Swabs, to improve the safety of samples., promoting the development of the industry by meeting the needs of downstream customers.

The development of Internet

Operating through distributors is still the main way for Swabs Collection Kit manufacturers. However, the rise of the Internet allows companies to build their own websites to promote brand culture and comprehensively introduce product features to facilitate potential customers or distributors to understand in advance, ask prices or review afterwards, increase corporate visibility and reduce the distance between companies and customers. The Internet has helped to increase brand awareness and bring economic benefits, thereby promoting the development of the industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Thermo Fisher Scientific is one of the major players operating in the Swabs Collection Kit market, holding a share of 15.3% in 2023.

Thermo Fisher Scientific

Thermo Fisher Scientific is a supplier of American scientific instruments, reagents and consumables, as well as software and services for healthcare, life sciences, and other laboratories in academia, government and industry (including biotechnology and pharmaceutical fields). Headquartered in Waltham, Massachusetts.

BD

Becton, Dickinson and Company (commonly known as BD) is an American medical technology company that manufactures and sells medical equipment, instrument systems and reagents. BD also provides consulting and analysis services in certain areas. The company was founded in 1897 and is headquartered in Franklin Lakes, BD, New Jersey.

Segmentation Overview:

As for product types, the Oropharyngeal Swabs segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Hospitals & Clinics, with a market share of 52.73% in 2022.

Key Companies in the global Swabs Collection Kit market covered in Chapter 3:

Laboratory Corporation of America
Copan Group
Vircell
Thermo Fisher Scientific
CD Genomics
Hologic
BD
Hardy Diagnostics
Puritan Medical
HiMedia Laboratories
MWE
Deltalab
Huachenyang
Kangjian Medical
Orasure Technologies

In Chapter 4 and Chapter 14.2, on the basis of types, the Swabs Collection Kit market from 2018 to 2029 is primarily split into:

Nasopharyngeal Swabs
Oropharyngeal Swabs
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Swabs Collection Kit market from 2018 to 2029 covers:

Microbiology Laboratories
Diagnostic Laboratories
Hospitals & Clinics
Home Test
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)