Medical Sterile Swabs Market, By Type (Cotton Tipped Swabs, Foam Tipped Swabs, Non-woven Swabs, and Others), By Application (Specimen Collection, Disinfection, and Others), By End-user (Hospitals & Clinics, Laboratories & Diagnostics Centers, and Research Institutes), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Medical sterile swabs market accounted for 2.4 billion in 2019 and is estimated to be US$ 4.8 billion by 2029 and is anticipated to register a CAGR of 6.9%.

In the healthcare industry, swabs have been used for sample collection during a diagnostic procedure or any research activities. Cotton-tipped swabs are mostly preferred by the healthcare personnel as they are user-friendly. They are used to withdraw samples from patients by having minimum contact with the infected person. Cotton-tipped swabs have gained traction in the market value and are projected to register steady growth in the upcoming years. However, the pandemic has resulted in higher demand for medical supplies in the market. As per the data reported by WHO, in January 2020, public health emergency was announced all around the world.

COVID-19 Impact on the Market:

The demand for medical sterile swabs has increased multifold due to the current pandemic condition. The demand for medical sterile swabs is so high that many manufacturers have surged their production capacities to develop products useful for viral collection, maintenance, and culture. Furthermore, increasing investments by prominent players and other industries has created growth opportunities for the target market. This report will quantify the impact of this pandemic on the medical sterile swabs market.

Growth in rapid testing procedures

The occurrence of the COVID-19 pandemic in 2020 has created an emergency of rapid testing procedures which has led to an increased demand for sterile swabs for specimen collection. In June 2020, the U.S FDA approved Cue’s health POC COVID-19 test kit which utilizes a swabbing technique to extract nasal samples.  In addition, in June 2020, Standard University of Medical initiated its research to launch a self-swabbing test for COVID-19 diagnosis. Thus, the rapid adoption of testing kits has influenced the growth of the target market.

Growing prevalence of infectious diseases

The sudden outbreak of the COVID-19 pandemic has resulted in high demand for testing kits. According to Worldometer statistics, on September 25th, 2020, 32,431,856 active cases of coronavirus have been reported and the number is growing day by day. Therefore, a daily record of highest cases has increased the demand for diagnostic tests. For example, India has recorded 5,818,570 cases of active patients as of September 2020. Thus, is likely to surge demand for swabs.

However, the demand-supply shortage might limit the growth of the target market.

The global medical sterile swabs market is segmented based on the type, application, end-user, and region.

Depending upon the type, the global business is categorized into cotton tipped swabs, foam tipped swabs, non-woven swabs, and others. In terms of application, the worldwide industry is categorized into specimen collection, disinfection, and others. Based on end-user, the global market is segmented into hospitals & clinics, laboratories & diagnostics centers, and research institutes.

Regional Insights:

Regionally, the overall industry is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is projected to exhibit healthy growth due to the rise in medical swab sales. Currently, India is the most affected country with coronavirus. This has led to higher demand for medical swabs and increased diagnostic procedures around the country. In addition, key players are making huge investments in this market, which in turn, will boost the demand for medical sterile swabs. North America and Europe are expected to grow at a significant pace over the forecast period, owing to raising awareness about the need for diagnostic infectious procedures. On the flip side, Latin America and Middle East & Africa account for relatively lower shares in the market.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global medical sterile swabs market report based on type, application, end-user, and region.

Global Medical Sterile Swabs Market, By Type:

• Cotton Tipped Swabs
• Foam Tipped Swabs
• Non-woven Swabs
• Others

Global Medical Sterile Swabs Market, By Application:

• Specimen Collection
• Disinfection
• Others

Global Medical Sterile Swabs Market, By End-user:

• Hospitals & Clinics
• Laboratories & Diagnostics Centers
• Research Institutes

Global Medical Sterile Swabs Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global medical sterile swabs market include Biosigma, Puritan Medical Products, Dynarex Corporation, Medical Wire & Equipment Co Ltd., Copan Italia, F.L. Medical, BD, Medtronic, Inc., Super Brush, and 3M. Expansion of production capacity is the key strategy undertaken by the companies to combat with COVID-19 crisis. For instance, in May 2020, Puritan Medical Products expanded their swab production capacity to combat with COVID-19 situation. It is likely to produce 20 to 40 million swabs per month.

• Biosigma
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies

• Puritan Medical Products
• Dynarex Corporation
• Medical Wire & Equipment Co Ltd.
• Copan Italia
• F.L. Medical
• BD
• Medtronic, Inc.
• Super Brush
• 3M

 “*” marked represents similar segmentation in other categories in the respective section