Saliva Collection Devices & Diagnostics Market – Insights
In the last few years the medical sector has observed a lot of advancements. Amongst others, saliva collection devices have been a major discovery. The diagnosis & inspection of salivary specimens seems to have a lot of future potential for healthcare sector. Owing to all of these factors the Global Saliva Collection Devices & Diagnostic Market is gaining impetus. Saliva is one of the most medically informative bio fluids. If examined in a proper manner it can be of great help in the diagnosis of various diseases. Saliva collection devices make it really easy to collect saliva samples. Using these the doctors or researchers can derive precise results and data for their study.
As more innovations hit the saliva collection devices & diagnostics market, a lot of development will take place. In the next decade or so, salivary study will reach an advanced level. It will be possible to detect many oral and bodily diseases in their early stages.
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The worldwide saliva collection devices & diagnostics are all set to grow in the coming years. In terms of CAGR the market is poised to tread forward at the rate of 9.8%. During the forecast period of 2018-2022 the market is anticipated earn around USD 2628.9 million.
Technological reforms and innovations stay the forefront when it comes to market growth drivers. A number of big institutes and organizations have realized the immense importance of saliva as a research tool. They have invested in many research and studies to launch new products in the market. This has propelled the growth of the market.
Others factors like growing awareness amongst the masses and promotion further foster the development of the market. Although, the growth of this market may be hindered by one single factor i.e. lack of awareness. But with time as the field develops the market will overcome this difficulty.
The global saliva collection devices & diagnostics market can be roughly divided into 4 parts which include sites of collection, applications, end users & geographies.
The sites of collections can be further sub segmented into minor salivary gland tools, submandibular/sublingual gland assembly devices, parotid gland collection devices & others. The others segment can be further separated into saliva collection supplies, saliva storage box, oral swabs, fluid-specific tools, etc. Out of these the others section holds the highest market share. It is believed that by 2022, it will earn around USD 798.8 million.
On account of applications the market is trifurcated into pharmaceutics, biotechnology & forensics. Amongst these the biotechnology accounts for the largest market share. It is predicted it will make above USD 1439.7 million by the end of the forecast period i.e. 2022.
Dentistry, laboratories & general practice form the end users segment.
Regionally, the saliva collection devices & diagnostics market is spread across North America, Europe, Asia Pacific and Rest of the World. North America happens to be in the lead amongst these. It is projected to develop at an impressive CAGR or around 9.9%. Europe will be second in command followed by the other regions.
This market has witnessed the launch of many new products over the years. One of the most recent products is MSC-93050V. It is basically a disposable saliva collection kit. It is designed from medical grade needle-punched fiber. The device remains completely unaffected by micro-organisms & hence is extremely safe to use. Using it will provide recipients with superior quality saliva specimens.
Key Players & Strategies
There are many big names in this industry like Abogen, Quest Diagnostics, Alere and Neogen Corporation. The two major strategies employed by these players are acquisitions & product launches.
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Major TOC for Saliva Collection Devices and Diagnostics Market:
1 Report Prologue
2.1 Research Objective
2.2 Assumptions & Limitations
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
4 Porters Five Forces Model
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of New Entrants
4.4 Threat of Substitutes
4.5 Intensity of Rivalry
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