Top 10 Nasopharyngeal Swabs Market Companies to Watch Post-COVID

Posted on Jan 14 2022 6:48 AM

"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"

Global “Nasopharyngeal Swabs Market” 2022 research report gives Advancement strategies and plans are talked about just as assembling procedures and cost structures are likewise examined. Nasopharyngeal Swabs Market Report states import/send out utilization, organic market Figures, cost, value, income and gross edges. This report also studies the global Nasopharyngeal Swabs market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. Regionally, this report categorizes the production, apparent consumption, export and import of Nasopharyngeal Swabs in North America, Europe, China, Japan, Southeast Asia and India.

The Global Nasopharyngeal Swabs market 2022 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Nasopharyngeal Swabs Market Share analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. For each manufacturer covered, this report analyses their Nasopharyngeal Swabs manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

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Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

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.

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 2022, 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.

Market Segmentation:

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)

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