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Nasopharyngeal Swabs Market Size, Share & Industry Analysis, By Product Type (Foam Tipped Swabs, Non-woven Swabs, Others), By End-user (Diagnostic Centres, Hospitals & Clinics, Others) And Regional Forecast 2021-2028

Region : Global | Report ID: FBI105047 | Status : Ongoing

 

KEY MARKET INSIGHTS

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


Market Segmentation:


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.


Key Players Covered:


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


Key Insights:



  • Key Industry Developments – Merger, Acquisitions, and Partnerships

  • Key Product Launches

  • Key Industry Trends

  • Overview of Regulatory Scenario – Key Country/Region

  • COVID-19 Impact on Nasopharyngeal Swabs Market


Regional Analysis:


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.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Product Type




  • Foam Tipped Swabs

  • Non-woven Swabs

  • Others



By End-user




  • Diagnostic Centres

  • Hospitals & Clinics

  • Others



By Geography




  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, the Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)



Nasopharyngeal Swabs Market Industry Developments



  • In July 2020, Microbrush, a company specialised in flocked applicators has announced the launch of nasopharyngeal swabs owed to the growing demand of the product during the COVID-19 pandemic

  • In January 2021, P&G announced partnership with Rhinostics for innovation of novel nasopharyngeal swabs to meet the growing demand for the medical product for COVID-19 testing.


Nasopharyngeal Swabs Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

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