"Designing Growth Strategies is in our DNA"
Nasopharyngeal swabs are medical swabs that are used for speciemen collection of an individual from the surface of their respiratory mucosa. The demand for nasopharyngeal has skyrocketed owed to the ongoing pandemic and rapid utilisation of the same for mass testing of infected individuals. The COVID-19 pandemic has served as a driving factor for the products usage over different parts of the world. The surge in demand for this product is owed to mandatory testing of COVID-19 in various countries for travel as well as safety purposes. The demand is projected to subside once the world returns to pre pandemic condition.
The rising incidence of zoonotic disease that affect the respiratory organ of an individual is estimated to augment the growth of the market during the forecast period. The recent outbreak of COVID-19 is projected to fuel the demand for the product in the coming years. The demand for the product is estimated to remain at a peak until the vaccination of the entire population is successful. Combined with this, fear of transmission of other zoonotic diseases such as MERS and SARS are estimated to propel market growth over the foreseen years.
However, issues such as infections associated with the use of nasopharyngeal swabs coupled with discomfort during nasopharyngeal sample collection could hamper market expansion during the forecast period.
Key Market Driver -
Increasing incidence of zoonotic diseases
Key Market Restraint -
Infections combined with discomfort in the use of nasopharyngeal swabs
Globally, the nasopharyngeal swabs market can be categorized into product type, end-user and region. Based on product type, the market can be segmented into foam tipped swabs, non-woven swabs, and others. On the basis of division of end-user, the market can be categorized into diagnostic centers, hospitals & clinics, and others.
Geographically, the Nasopharyngeal Swabs Market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Some of the major companies that are present in the nasopharyngeal swabs market are C. R. Bard, Inc., Thermo Fisher Scientific, Puritan Medical Products, Medical Wire& Equipment, COPAN Diagnostics, Titan Biotech Ltd., YOCON Biology, Quidel Corporation and others prominent players
Based on segmentation of region, the nasopharyngeal swabs market can be divided into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America is estimated to hold the lion’s share in 2020 and is estimated to retain its ruling position over the forecast duration. Favorable regulatory policies and guidelines, higher adoption of medical swabs and higher preference of players to launch products in the North American region is estimated to drive the market. The European region is estimated to secure the second leading position in the market owed to factors such as higher product awareness, frequent health check-up for infections among elderly population combined with active government initiative to increase awareness regarding communicable diseases. These factors combined with others are estimated to augment the market growth in Europe for the coming years.
Increasing incidence of communicable respiratory diseases such as SARS, MERS, and H1N1 among others in the general population of Asia Pacific is projected to boost the demand for nasopharyngeal swabs. The market growth in the region is also supplemented by increasing geriatric population and increasing disposable incomes in countries such as India and China. The market in countries of Latin America and Middle East and Africa are expected to grow at a slower rate compared to other regions owed to limited penetration of advanced medical devices.
To gain extensive insights into the market, Request for Customization
By Product Type
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry