Asia-Pacific Swabs collection kit Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028


No. of Pages: 159    |    Report Code: BMIRE00025487    |    Category: Life Sciences

Asia-Pacific Swabs collection kit Market
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The APAC swabs collection kit market is expected to grow from US$ 982.61 million in 2021 to US$ 1,373.90 million by 2028. It is estimated to grow at a CAGR of 4.9% from 2021 to 2028.

 

Increasing number of investments, launches, and collaborations is playing a vital role in the development of advanced diagnostic kits. For instance, in February 2020, Covaris, Inc. announced the release of two new kits for viral RNA extraction from nasal or throat swab sample collection devices. The first is the truXTRAC Viral RNA Extraction kit using Puritan Swabs, which contains all components for AFA-enhanced extraction and magnetic bead-based purification of high-quality RNA from synthetic swabs for downstream analysis. The healthcare professionals are also accepting the potential of swab collection kits in at-home settings during the unprecedented times of the COVID-19 pandemic, which represents the superiority of this necessity and technology over other techniques for reducing the risk of transmitting the virus. During the COVID-19 pandemic, numerous swab samples were taken for SARS-CoV-2 reverse transcriptase-polymerase chain reaction (RT-PCR) testing.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC swabs collection kit market at a good CAGR during the forecast period.

 

APAC swabs collection kit Market Revenue and Forecast to 2028 (US$ Million)

APAC swabs collection kit Market Revenue and Forecast to 2028 (US$ Million)
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Asia-Pacific Swabs collection kit Strategic Insights

Strategic insights for the Asia-Pacific Swabs collection kit provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia-Pacific Swabs collection kit Report Scope

Report Attribute Details
Market size in 2021 US$ 982.61 Million
Market Size by 2028 US$ 1,373.90 Million
Global CAGR (2021 - 2028) 4.9%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Nasopharyngeal Swabs
  • Oropharyngeal Swabs
By Application
  • Microbiology Laboratories
  • Diagnostic Laboratories
  • Hospitals and Clinics
  • Home Tests
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • BD
  • Puritan Medical Products Company LLC
  • Laboratory Corporation of America Holdings
  • HiMedia Laboratories
  • THERMO FISHER SCIENTIFIC INC.
  • Hardy Diagnostics
  • VIRCELL S.L
  • BTNX, Inc
  • Formlabs
  • Lucence Diagnostics
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    Asia-Pacific Swabs collection kit Regional Insights

    The geographic scope of the Asia-Pacific Swabs collection kit refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    APAC swabs collection kit Market Segmentation  

     

    The APAC swabs collection kit market is analyzed on the basis of type, application, and country. Based on type, the market is segmented into nasopharyngeal swabs, oropharyngeal swabs, and others. The nasopharyngeal swabs dominated the market in 2020. Based on application, the market is segmented into microbiology laboratories, diagnostic laboratories, hospitals and clinics, home tests, and others. The hospitals and clinics segment dominated the market in 2020.

    Based on country, the APAC swabs collection kit market is segmented into China, Japan, India, Australia, South Korea, and the Rest of APAC. India dominated the APAC swabs collection kit market in 2020.  

     

    BD; Puritan Medical Products Company LLC; Laboratory Corporation of America Holdings; HiMedia Laboratories; THERMO FISHER SCIENTIFIC INC.; Hardy Diagnostics; VIRCELL SL; BTNX, Inc; Formlabs; Lucence Diagnostics; Quidel Corporation; DiaSorin S.P.A; Copan Italia SPA; Norgen Biotek Corp; Hologic, Inc; Quest Diagnostics Incorporated; Abbott; Lynn Peavey Company; and QIAGEN by Altair are the leading companies in the APAC swabs collection kit market.

    The List of Companies - Asia-Pacific Swabs collection kit Market

    1. BD
    2. Puritan Medical Products Company LLC
    3. Laboratory Corporation of America Holdings
    4. HiMedia Laboratories
    5. THERMO FISHER SCIENTIFIC INC.
    6. Hardy Diagnostics
    7. VIRCELL S.L
    8. BTNX, Inc
    9. Formlabs
    10. Lucence Diagnostics
    11. Quidel Corporation
    12. DiaSorin S.P.A
    13. Copan Italia S.P.A
    14. Norgen Biotek Corp
    15. Hologic, Inc
    16. Quest Diagnostics Incorporated
    17. Abbott
    18. Lynn Peavey Company
    19. QIAGEN
    Frequently Asked Questions
    How big is the Asia-Pacific Swabs collection kit Market?

    The Asia-Pacific Swabs collection kit Market is valued at US$ 982.61 Million in 2021, it is projected to reach US$ 1,373.90 Million by 2028.

    What is the CAGR for Asia-Pacific Swabs collection kit Market by (2021 - 2028)?

    As per our report Asia-Pacific Swabs collection kit Market, the market size is valued at US$ 982.61 Million in 2021, projecting it to reach US$ 1,373.90 Million by 2028. This translates to a CAGR of approximately 4.9% during the forecast period.

    What segments are covered in this report?

    The Asia-Pacific Swabs collection kit Market report typically cover these key segments-

    • Type (Nasopharyngeal Swabs, Oropharyngeal Swabs)
    • Application (Microbiology Laboratories, Diagnostic Laboratories, Hospitals and Clinics, Home Tests)

    What is the historic period, base year, and forecast period taken for Asia-Pacific Swabs collection kit Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific Swabs collection kit Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Asia-Pacific Swabs collection kit Market?

    The Asia-Pacific Swabs collection kit Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • BD
  • Puritan Medical Products Company LLC
  • Laboratory Corporation of America Holdings
  • HiMedia Laboratories
  • THERMO FISHER SCIENTIFIC INC.
  • Hardy Diagnostics
  • VIRCELL S.L
  • BTNX, Inc
  • Formlabs
  • Lucence Diagnostics
  • Quidel Corporation
  • DiaSorin S.P.A
  • Copan Italia S.P.A
  • Norgen Biotek Corp
  • Hologic, Inc
  • Quest Diagnostics Incorporated
  • Abbott
  • Lynn Peavey Company
  • QIAGEN
  • Who should buy this report?

    The Asia-Pacific Swabs collection kit Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia-Pacific Swabs collection kit Market value chain can benefit from the information contained in a comprehensive market report.

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