The global Nasopharyngeal Swabs market is anticipated to grow significantly at a CAGR of 2.1% over the forecast period (2024-2031). The key aspect that drives the growth of the global nasopharyngeal swabs market is the rapid increase in COVID-19 cases across the globe. The outbreak of COVID-19 started in December 2019 and with time, the world has witnessed a colossal increase in the number of new cases. Most of the governments of different countries have eased up lockdown after two to three months of lockdown, most activities resumed with restrictions having relieved to a great extent, the novel COVID-19 started spreading at an alarming rate in several countries.
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Further, the outbreak of various variants of COVID-19 has also resulted in an increased testing procedure across the globe; which also significantly contributes to the growth of the market in the upcoming years. Besides, the presence of the key players continuously innovating the existing products is also likely to enhance the market growth during the forecast period. Players such as C. R. Bard, Inc., COPAN Diagnostics, Inc., Miraclean Technology Co., Ltd., Quidel Corp., Thermo Fisher Scientific, Inc., Titan Biotech Ltd., and Trinity Biotech among others are significantly contributing to the growth of the market across the globe.
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Market Coverage
- Segment Covered- By Product Type and End-Users
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- C. R. Bard, Inc., COPAN Diagnostics, Inc., Miraclean Technology Co., Ltd., Quidel Corp., Thermo Fisher Scientific, Inc., Titan Biotech Ltd., and Trinity Biotech among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Nasopharyngeal Swabs Market – Segmentation
By Product Type
- Foam Tipped Swabs
- Non-Woven Swabs
- Others
By End-User
- Hospitals & Clinics
- Diagnostic Centers
- Others
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