Global Swab Market
The global Swab Marketwas valued at USD 579.56 million in 2016 and is projected to reach USD 1,135.58 billion by 2025, growing at a CAGR of 7.76% from 2017 to 2025.
Swabs are also known as wipes. They are medicated absorbent pads or materials, which are used as a part of surgery and medicine, pre-injection swabs, wound cleansers, or in a first aid kit. A swab consists of an absorbent material, which actually imparts the medical properties to the swab.
1. Market Drivers
1.1 Increasing number of infections and surgeries
1.2 Growth in geriatric population
1.3 Increasing global disease problems
2. Market Restraints
2.1 Lack of awareness
2.2 Uneven distribution of medical services
2.3 Low healthcare expenditures in developing countries
1. Global Swab Market, by Application:
2. Global Swab Market, by Shafts:
3. Global Swab Market, by Test Type:
3.1 DNA Test
3.2 Urine Test
3.3 Saliva Test
4. Global Swab Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Puritan Medical Products
4. SARSTEDT AG & Co
5. Lab M Limited.
6. Clean Cross Co., Ltd.
7. GPC medical ltd.
8. Citotest Labware Manufacturing Co., Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Swab Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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