Swab and Viral Transport Medium Market Share & Trends [2032]
Swab and Viral Transport Medium Market Share & Trends [2032]
Segments - Swab and Viral Transport Medium Market by Type (Transport Medium and Swab), Application (Influenza, COVID-19, Herpes Simplex Virus, and Others), End-user (Diagnostics Laboratories, Hospitals, Clinics, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024–2032
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Report Description
Swab and Viral Transport Medium Market Outlook 2032
The global swab and viral transport medium market size was USD 728.8 Million in 2023 and is projected to reach USD 976 Million by 2032, expanding at a CAGR of 3.9% during 2024–2032. The market growth is attributed to the increasing demand for diagnostic testing and expanding applications of swab and viral transport media.
Rising prevalence of respiratory infections and sexually transmitted diseases (STDs) is resulting in a high demand for swabs and viral transport mediums. Respiratory infections, including influenza, pneumonia, and tuberculosis necessitate efficient diagnostic testing methods for timely intervention and control. Moreover, the increasing incidence of STDs, such as chlamydia, gonorrhea, and human papillomavirus (HPV), underscores the importance of reliable sample collection and transportation systems for accurate diagnosis and treatment.
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As per the report published by the WHO on July 10, 2023, around 374 million new infections with 1 of 4 STIs are found in 2021.
Impact of Artificial Intelligence (AI) in Swab and Viral Transport Medium Market
The use of artificial intelligence is likely to boost the swab and viral transport medium market. AI algorithms are being leveraged to analyze data from swab and viral transport media, aiding in the detection and identification of infectious pathogens with high speed and precision. Furthermore, AI-powered robotic systems are automating sample handling and processing tasks, reducing human error, and minimizing the risk of contamination in laboratory settings.
Swab and Viral Transport Medium Market Dynamics
Major Drivers
Increasing demand for diagnostic testing kits is anticipated to drive the market during the forecast period. Hospitals, diagnostic laboratories, and research institutes are extensively utilizing these products to collect and transport clinical specimens for accurate diagnosis. Moreover, the rising prevalence of infectious diseases facilitates the need for diagnostic procedures further boosts the demand for the swab and viral transport medium.
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According to the report published by the Centers for Disease Control and Prevention on November 3, 2023, the number of visits to physician offices for infectious and parasitic diseases is 10.2 million.
Existing Restraints
Increasing competition from alternative sample collection methods is anticipated to hinder the market. These alternative methods offer advantages such as ease of use, reduced discomfort, and potential cost savings, thereby decreasing the utilization of swabs and viral transport medium. Moreover, concerns regarding the environmental impact of single-use plastic consumables further affect the adoption of plastic transport medium, thus hampering the market.
Emerging Opportunities
Growing investments in R&D of novel swab and viral transportation mediums are expected to create immense opportunities for players competing in the market. Manufacturers are focusing on improving swab and viral transportation media formulations that enhance sample preservation, and improve compatibility with a wide range of diagnostic assays. Moreover, the increasing adoption of molecular diagnostic techniques fuels the demand for advanced swabs and viral transport mediums.
Scope of the Swab and Viral Transport Medium Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.
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Attributes |
Details |
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Report Title |
Swab and Viral Transport Medium Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2023 |
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Historic Data |
2017 -2022 |
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Forecast Period |
2024–2032 |
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Segmentation |
Type (Transport Medium and Swab), Application (Influenza, COVID-19, Herpes Simplex Virus, and Others), and End-user (Diagnostics Laboratories, Hospitals, Clinics, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Copan Diagnostics Inc; Medical Wire & Equipment; Puritan Medical Products; Thermo Fisher Scientific Inc; and Titan Biotech |
Regional Outlook
In terms of region, the global swab and viral transport medium market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America held a major market share in 2023, due to the high prevalence of infectious diseases. For instance, according to the Centers for Disease Control and Prevention's report released on November 3, 2023, approximately 482,000 people in the US were admitted to emergency departments, resulting in hospital admission with a principal discharge diagnosis of parasitic and infectious diseases. Furthermore, the emergency department visits with parasitic and infectious diseases as the primary diagnosis totaled 3.8 million.
The market in Asia Pacific is projected to grow at a significant pace in the years to come, owing to the increasing healthcare expenditure and expanding access to diagnostic testing in emerging economies. Countries, such as China, India, and Japan are investing in healthcare infrastructure, laboratory capacity, and disease surveillance systems contributing to facilitating the utilization of transport medium for swabs. Moreover, government initiatives to improve healthcare access and affordability are expected to fuel the demand for swab and viral transport media in the region.
Swab and Viral Transport Medium Market Segment Insights
Type Segment Analysis
Based on type, the swab and viral transport medium market is divided into transport medium and swab. The transport medium segment is expected to expand at a significant pace in the coming years, as they offer viability and integrity of collected specimens during transportation from the point of collection to the laboratory.
Transport media ensure the stability of viruses, bacteria, and other pathogens present in clinical specimens, thereby preserving their viability for accurate diagnostic testing. Moreover, advancements in transport medium formulations, such as the incorporation of antimicrobial agents and stabilizers, enhances the efficacy and reliability of these products, further boosting the segment.
Application Segment Analysis
On the basis of application, the global market is segregated into influenza, covid-19, herpes simplex virus, and others. The COVID-19 segment held the largest market share in 2023, due to the unprecedented global demand for diagnostic testing following the outbreak of the COVID-19 pandemic.
The spread of the virus led to a surge in demand for swab and viral transport mediums optimized for SARS-CoV-2 specimen collection and transportation. Additionally, high need for reliable testing solutions to diagnose and monitor COVID-19 cases is expected to propel the demand for swab and viral transport medium.
The influenza segment is anticipated to expand at a substantial CAGR during the forecast period, owing to the increasing seasonal outbreaks of influenza viruses. Nasopharyngeal and nasal swabs are commonly used for influenza specimen collection, requiring compatible viral transport media to maintain specimen viability during transportation to the laboratory. Furthermore, the growing emphasis on influenza surveillance resulted in a high demand for reliable swabs and viral transport media tailored for influenza testing.
End-user Segment Analysis
Based on end-user, the swab and viral transport medium market is segmented into diagnostics laboratories, hospitals, clinics, and others. The hospitals segment is projected to register robust growth during the assessment years, owing to the increasing adoption of point-of-care infectious diseases testing devices, and the growing trend toward the integrated healthcare delivery models.
Hospitals play a critical role in frontline healthcare delivery, particularly during public health emergencies such as infectious disease outbreaks. Moreover, hospitals serve a diverse patient population with varying healthcare needs, thus fueling the demand for a wide range of swab and viral transport media tailored to different diagnostic applications.
Segments
The swab and viral transport medium market has been segmented on the basis of
Type
- Transport Medium
- Swab
Application
- Influenza
- COVID-19
- Herpes Simplex Virus
- Others
End-user
- Diagnostics Laboratories
- Hospitals
- Clinics
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Copan Diagnostics Inc
- Medical Wire & Equipment
- Puritan Medical Products
- Thermo Fisher Scientific Inc
- Titan Biotech
Competitive Landscape
Key players competing in the global swab and viral transport medium market are Copan Diagnostics Inc; Medical Wire & Equipment; Puritan Medical Products; Thermo Fisher Scientific Inc; and Titan Biotech.
These companies use development strategies including mergers, acquisitions, partnerships, collaboration, and product launches to expand their consumer base worldwide. For instances,
- On March 8, 2022, Thermo Fisher Scientific Inc, a leading manufacturer of pharmaceutical products, announced that Europe has access to a novel viral transport medium designed for the collection and swift inactivation of the SARS-CoV-2 virus. This medium stabilizes viral RNA at room temperature, facilitating its transportation and utilization in vitro diagnostic testing procedures.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Methylene Diphenyl Diisocyanate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methylene Diphenyl Diisocyanate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methylene Diphenyl Diisocyanate Market - Supply Chain
4.5. Global Methylene Diphenyl Diisocyanate Market Forecast
4.5.1. Methylene Diphenyl Diisocyanate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methylene Diphenyl Diisocyanate Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Methylene Diphenyl Diisocyanate Market Absolute $ Opportunity
5. Global Methylene Diphenyl Diisocyanate Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Types
5.3.1. Transport Medium
5.3.2. Swab
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Methylene Diphenyl Diisocyanate Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Applications
6.3.1. Influenza
6.3.2. COVID-19
6.3.3. Herpes Simplex Virus
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Methylene Diphenyl Diisocyanate Market Analysis and Forecast by End Users
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by End Users
7.2.2. Y-o-Y Growth Projections by End Users
7.3. Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by End Users
7.3.1. Diagnostics Laboratories
7.3.2. Hospitals
7.3.3. Clinics
7.3.4. Others
7.4. Absolute $ Opportunity Assessment by End Users
7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Methylene Diphenyl Diisocyanate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methylene Diphenyl Diisocyanate Demand Share Forecast, 2019-2026
9. North America Methylene Diphenyl Diisocyanate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Types
9.4.1. Transport Medium
9.4.2. Swab
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. North America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Applications
9.7.1. Influenza
9.7.2. COVID-19
9.7.3. Herpes Simplex Virus
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. North America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by End Users
9.10.1. Diagnostics Laboratories
9.10.2. Hospitals
9.10.3. Clinics
9.10.4. Others
9.11. Basis Point Share (BPS) Analysis by End Users
9.12. Y-o-Y Growth Projections by End Users
9.13. Market Attractiveness/Growth Potential Analysis
9.13.1. By Country
9.13.2. By Product Type
9.13.3. By Application
9.14. North America Methylene Diphenyl Diisocyanate Demand Share Forecast, 2019-2026
10. Latin America Methylene Diphenyl Diisocyanate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Types
10.4.1. Transport Medium
10.4.2. Swab
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Latin America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Applications
10.7.1. Influenza
10.7.2. COVID-19
10.7.3. Herpes Simplex Virus
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Latin America Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by End Users
10.10.1. Diagnostics Laboratories
10.10.2. Hospitals
10.10.3. Clinics
10.10.4. Others
10.11. Basis Point Share (BPS) Analysis by End Users
10.12. Y-o-Y Growth Projections by End Users
10.13. Market Attractiveness/Growth Potential Analysis
10.13.1. By Country
10.13.2. By Product Type
10.13.3. By Application
10.14. Latin America Methylene Diphenyl Diisocyanate Demand Share Forecast, 2019-2026
11. Europe Methylene Diphenyl Diisocyanate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Types
11.4.1. Transport Medium
11.4.2. Swab
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Europe Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Applications
11.7.1. Influenza
11.7.2. COVID-19
11.7.3. Herpes Simplex Virus
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Europe Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by End Users
11.10.1. Diagnostics Laboratories
11.10.2. Hospitals
11.10.3. Clinics
11.10.4. Others
11.11. Basis Point Share (BPS) Analysis by End Users
11.12. Y-o-Y Growth Projections by End Users
11.13. Market Attractiveness/Growth Potential Analysis
11.13.1. By Country
11.13.2. By Product Type
11.13.3. By Application
11.14. Europe Methylene Diphenyl Diisocyanate Demand Share Forecast, 2019-2026
12. Asia Pacific Methylene Diphenyl Diisocyanate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Types
12.4.1. Transport Medium
12.4.2. Swab
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Asia Pacific Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Applications
12.7.1. Influenza
12.7.2. COVID-19
12.7.3. Herpes Simplex Virus
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Asia Pacific Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by End Users
12.10.1. Diagnostics Laboratories
12.10.2. Hospitals
12.10.3. Clinics
12.10.4. Others
12.11. Basis Point Share (BPS) Analysis by End Users
12.12. Y-o-Y Growth Projections by End Users
12.13. Market Attractiveness/Growth Potential Analysis
12.13.1. By Country
12.13.2. By Product Type
12.13.3. By Application
12.14. Asia Pacific Methylene Diphenyl Diisocyanate Demand Share Forecast, 2019-2026
13. Middle East & Africa Methylene Diphenyl Diisocyanate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Middle East & Africa Average Pricing Analysis
13.2. Middle East & Africa Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Types
13.4.1. Transport Medium
13.4.2. Swab
13.5. Basis Point Share (BPS) Analysis by Types
13.6. Y-o-Y Growth Projections by Types
13.7. Middle East & Africa Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by Applications
13.7.1. Influenza
13.7.2. COVID-19
13.7.3. Herpes Simplex Virus
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Applications
13.9. Y-o-Y Growth Projections by Applications
13.10. Middle East & Africa Methylene Diphenyl Diisocyanate Market Size and Volume Forecast by End Users
13.10.1. Diagnostics Laboratories
13.10.2. Hospitals
13.10.3. Clinics
13.10.4. Others
13.11. Basis Point Share (BPS) Analysis by End Users
13.12. Y-o-Y Growth Projections by End Users
13.13. Market Attractiveness/Growth Potential Analysis
13.13.1. By Country
13.13.2. By Product Type
13.13.3. By Application
13.14. Middle East & Africa Methylene Diphenyl Diisocyanate Demand Share Forecast, 2019-2026
14. Competition Landscape
14.1. Global Methylene Diphenyl Diisocyanate Market: Market Share Analysis
14.2. Methylene Diphenyl Diisocyanate Distributors and Customers
14.3. Methylene Diphenyl Diisocyanate Market: Competitive Dashboard
14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
14.4.1. BASF SE
14.4.2. Covestro AG
14.4.3. Dow
14.4.4. Huntsman International LLC
14.4.5. INOAC CORPORATION
14.4.6. MITSUI CHEMICALS AMERICA, INC
14.4.7. Perstorp
14.4.8. Repsol
14.4.9. Royal Dutch Shell plc
Methodology
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