July 30, 2020
According to the research report titled ‘Global Nasopharyngeal Swab Market Size study with COVID-19 Impact, by Type (Foam Tipped Swabs, Non-Woven, Others) by End-Users (Hospitals, Clinic, Other) and Regional Forecasts 2020-2026’, available with Market Study Report, global nasopharyngeal swab market size is predicted to expand significantly over 2020-2026.
For those unaware, nasopharyngeal swabs are utilized for testing nasal secretions from the back of the nose and throat. It offers a detailed analysis of the tested sample in order to evaluate the presence of any organisms as well as to rule out potential instigators. It is extensively used for collecting samples for whopping cough, diphtheria, influenza, and other diseases caused by MERS, SARS, and COVID-19.
The sudden outbreak of COVID-19 has enhanced the demand for nasopharyngeal swab, which in turn is a major factor driving the market growth. In fact, according to Statista, total number of COVID-19 cases recorded as of April 23rd, 2020 was 2,732,948, of which 886 thousand cases were recorded in the U.S., 189 thousand and 213 thousand cases in Italy and Spain respectively.
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Based on the number of COVID-19 tests conducted as of April 23 this year, Statista claims that 4.32 million tests were performed in the US, 2.25 million tests in Russia, 1.513 million tests in Italy, 2.07 million tests in Germany, as well as other affected countries across the globe.
Escalating numbers of COVID-19 cases have compelled worldwide governments to increase the number of tests in order to contain the spread of the disease, which in turn is augmenting the demand for nasopharyngeal swabs across the globe. Moreover, shortage in supply of swabs has forced researchers to develop innovative strategies which can be implemented for sample collection, thereby fueling the growth of the market.
In April 2020 for instance, US Food and Drug Association approved several types of swabs which are made from polyester and are easy to produce. Similarly, an India based research group developed a cost-efficient prototype of polymer-based swab which can be employed for sample collection.
Considering the regional landscape, the report states that North America accounts for a substantial market share and is expected to register significant growth during study period, primarily driven by enhanced testing procedures conducted in the region.
Alternatively, Asia-Pacific nasopharyngeal swab industry is poised to accumulate considerable revenues by the 2026. Factors such as high occurrence of COVID-19 and concentration of leading manufacturers are favoring the regional market growth.
The major companies in global nasopharyngeal swab market are GPC Medical Ltd., Dynarex Corporation, F.L Medical S.r.l – Laboratory Equipment, JiaXin Medical, Sarstedt Inc., Jian'erkang Company, Copan Diagnostics Inc., Super Brush LLC, 3M Co., and Beckton, Dickson and Company (BD) among others.