New York, United States, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published the latest research report titled “Nasal Swab Test Market By Product Type (Non-woven, Foam-tipped Swabs, and Others), By Diagnostics Type (Molecular Diagnostics, CRISPR & Biosensors, and Others), By Mode (Point-of-Care, and Non-Point-of-Care), and By End-User (Laboratories & Diagnostics Centers, Hospitals & Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” in its research database.
“According to the latest research study, the demand of global Nasal Swab Test Market size & share was estimated at approximately USD 108.7 Million in 2020 and is expected to generate revenue of around USD 150.7 Million by the end of 2026, growing at a Compound Annual Growth Rate (CAGR) of around 3.4% between 2021 and 2026.”
Globally, the COVID and economic crisis have impacted market statistics. This is a professional and very comprehensive report about the primary and secondary drivers of the nasal swab test market, as well as production, market share, leading segments, and geographic analysis (such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.)
What is the Nasal Swab Test? How big is the Nasal Swab Test Market?
- Market Overview & Coverage:
The Coronavirus refers to a collection of encompassed, single abandoned RNA infections, which contaminate people, numerous warm-blooded creatures, chimpanzees, and avian species. Mostly, it causes respiratory and gastrointestinal contaminations and takes about 3 to 14 days for a person to show symptoms after directness to the infection.
Few symptoms of COVID-19 consist of fatigue, dry cough, fever, and body ache. Individuals with conditions like cancer, diabetes, hypertension, old age, and others are at a high risk of getting severe COVID-19 infection. As a result, it is important to test for COVID-19 disease, so the COVID-19 spread can be in control.
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(The free sample of this report is readily available on request).
Our Free Sample Report Includes:
- 2021 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 175+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- OraSure Technologies Inc
- Abbott Laboratories
- PrivaPath Diagnostics Limited
- Roche Holding AG
- QIAGEN N.V.
- Sherlock Biosciences
- Becton Dickinson & Company
- GenMark Diagnostics Inc.
- 3M Corporation
- Quidel Corporation
- BioMerieux SA
- Fluidigm Corporation
- Lucira Health
- LumiraDx Ltd.
- Mesa Biotech Inc.
- Cepheid
- Siemens Healthineers AG
Key questions answered in this report:
- What is the size of the nasal swab test market and what is its expected growth rate?
- What are the primary driving factors that push the Nasal Swab Test Market forward?
- What are the top companies in the Nasal Swab Test Industry?
- What are the different categories that the Nasal Swab Test Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Nasal Swab Test Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2021−2026
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Product Type, by Diagnostics Type, by Mode, by End-User, and by Geography
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Global Nasal Swab Test Market: Dynamics
- The rising number of novel coronavirus cases is a key factor driving the global nasal swab test market growth
The rising number of novel coronavirus cases is a key factor driving the global nasal swab test market growth. In addition, the growth of the global nasal swab test market is driven by the growing prevalence of infectious diseases, and the increasing need for surgical masks, as well as other hygiene products. Other factors that are expected to propel the market growth are the rising number of research and development activities for the improvement of the efficiency of nasal swab tests.
Besides, the escalating government funding supports the research and development activities, which is also likely to boost the global nasal swab tests market development in the future.
However, the global nasal swab test market growth might get hampered due to the growing product recalls.
Global Nasal Swab Test Market: Report Scope
Nasal Swab Test Market: Segmentation Analysis
The global nasal swab test market has been segmented into product type, diagnostics type, mode, and end-user.
On the basis of the type of product, the global nasal swab test market has been classified into non-woven, foam-tipped swabs, and others. Based on the type of diagnostics, the global nasal swab test market has been segmented into Molecular Diagnostics, CRISPR & Biosensors, and others.
The global nasal swab test market on the basis of mode has been bifurcated into point-of-care, and non-point-of-care. In terms of the end-user industry, the global nasal swab test market has been divided into laboratories & diagnostics centers, hospitals & clinics, and others.
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Regional Dominance:
- North America is projected to have a leading place in the global nasal swab test market
The global COVID-19 nasal swab test market can be classified into North America, Latin America, Asia-Pacific, Europe, and the Middle East, and Africa. North America is projected to have a leading place in the global nasal swab test market in the upcoming years. This is due to the increasing demand for diagnostic procedures, the expanding number of product launches, and the escalating occurrence of infectious diseases. Other factors that might help the regional market to expand include the escalating demand for medical swabs and the existence of advanced research centers.
The Asia-Pacific nasal swab test market will observe beneficial growth opportunities during the forecast period owing to the growing cases of coronavirus as a result of the presence of highly populated countries like India, China, Japan, and others. In addition, the rising number of coronavirus testing facilities in the emerging nations will probably help this region to experience significant growth in the near future.
Browse the full “Nasal Swab Test Market By Product Type (Non-woven, Foam-tipped Swabs, and Others), By Diagnostics Type (Molecular Diagnostics, CRISPR & Biosensors, and Others), By Mode (Point-of-Care, and Non-Point-of-Care), and By End-User (Laboratories & Diagnostics Centers, Hospitals & Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” Report at https://www.fnfresearch.com/nasal-swab-test-market
This report segments the global nasal swab test market as follows:
Global Nasal Swab Test Market: By Product Type
- Non-woven
- Foam-tipped Swabs
- Others
Global Nasal Swab Test Market: By Diagnostics Type
- Molecular Diagnostics
- CRISPR & Biosensors
- Others
Global Nasal Swab Test Market: By Mode
- Point-of-Care
- Non-Point-of-Care
Global Nasal Swab Test Market: By End-User
- Laboratories &Diagnostics Centers
- Hospitals & Clinics
- Others
Key Insights from Primary Research
- As per the analysis shared by our primary respondents, the nasal swab test market is expected to grow annually at a CAGR of roughly 3.4%.
- The nasal swab test market was valued at around USD 108.7 Million in 2020, according to the primary analysis.
- On the basis of region, the “North America” region is expected to lead the global market through the forecast period.
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