Non-Woven Swabs Segment to Witness Higher CAGR During Forecast Period
According to the latest study on “Asia Pacific Medical Sterile Swabs Market Forecast to 2027 – COVID-19 Impact and Regional Analysis – by Product, and End-User,” the market was valued at US$ 565.29 million in 2019 and is projected to reach US$ 1,025.90 million by 2027; it is expected to grow at a CAGR of 7.7% during 2020–2027. The report highlights trends prevailing in the Asia Pacific medical sterile swabs market and the factors driving market along with those that act as hindrances.
Based on product, the Asia Pacific medical sterile swabs market is segmented into cotton tipped swabs, foam tipped swabs, non-wave and others. In 2019, the cotton tipped swabs segment held the largest share of the market in 2019. However, non-woven swabs segment is estimated to register the highest CAGR during the forecast period.
The growth of the Asia Pacific medical sterile swabs market is attributed to broader applications of medical sterile swab, growing demand of sterile swab for SARS-CoV-2 detection, and 3D printed sterile swabs. However, the market is likely to get impacted by the challenges associated with sterile swab limits the growth of market in this region.
3M, BD, Dynarex Corporation, Lynn Peavey Company, Puritan Medical Products, are among the leading companies operating in the Asia Pacific medical sterile swabs market.
The report segments Asia Pacific medical sterile swabs Market as follows:
By Product
- Cotton Tipped Swabs
- Foam Tipped Swabs
- Non-woven Swabs
- Others
By End User
- Hospital
- Clinics
- Diagnostic Laboratories
- Other
By Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
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