The Forensic Swab Market is anticipated to expand while expanding at a 5.8% CAGR TILL 2023. Global Forensic Swab Market Information by By Type (Foam, Flocked, Cotton), By Type of Swap Shaft (Wood Stick Shaft, Polystyrene Shaft), By End Users (Forensic Science Laboratories, Hospitals), By Region (Americas, North America, South America, Europe, Western Europe, Eastern Europe, Asia Pacific and The Middle East and Africa) – Global Forecasts till 2023
Key Players :
Market Research Future (MRFR) recognizes the following companies as the key players in Forensic Swab Market: There are plenty of large and small market players which operate in this market all over the globe.
The global forensic swab market hosts a number of key and prominent players who are modifying the competitive landscape in a positive manner. This includes names such as Copan Italia S.p.A., Merck KGaA, Dickinson and Company, SARSTEDT AG & Co. KG, Puritan Medical Products, Thermo Fisher Scientific Inc., MWE, Becton, Sirchie, Luna, and MEDTECH Forensics.
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Forensic Swab Market – Outlook
As per the latest published report by Market Research Future (MRFR), the global forensic swab market is expected to grow at a decent pace in the forthcoming years of the forecast period. The market valuation is expected to attain revenue accruing to USD 49.09 million with a CAGR of 5.8% during the forecast period between 2018 and 2023.
The usage of swabs in the forensic industry plays a critical role in identifying and deciphering various genetic samples. Swabs are considered as one of the most important tools for the collection of laboratory samples. The growing adoption of Deoxyribonucleic acid (DNA) forensics and the proliferating usage of laboratory services across hospitals as well as independent agencies is anticipated to steer the forensic swab market towards growth during the review period. Also, the global market for forensic swabs is also forecasted to be accelerated by the favorable support from the government and the rising levels of demand in the forthcoming years. Due to presence of various notable and prominent players, the market is expected to garner notable development in the coming years.
Segments for Global Forensic Swab Market
The segmental analysis of the forensic swab market is segmented on the basis of type of swab shaft, type, end-user, and region. On the basis of type, the forensic swab market is segmented into foam, flocked, and cotton tips. The foam type segment was found to be heading the market segment in 2017. The cotton swabs segment is projected to witness the highest CAGR through the forecast period. The segmentation on the basis of types of swab shaft segments the forensic swab market into wood stick shaft, polystyrene shaft, and others. The polystyrene shaft was found to be the topmost market portion in 2017 and is expected to observe the highest CAGR in the duration of the forecast period. The end user based segmentation of the market comprises of hospitals, forensic science laboratories, among others. The forensic science laboratories segment was in charge of the market in 2017 and is projected to carry on with its control in the forecast period.
Regional Analysis for Global Forensic Swab Market
The global forensic swab market is regionally segmented into regions like the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas hold the dominant share and shoulders a massive portion of the global market. The Americas hold the largest share due to factors like growing crime cases, increasing number of forensic labs, and various samplings of blood. The region is expected to hold onto its dominant position and lead the market standings in the forthcoming years. Additionally, the expanding number of forensic labs and a rising number of microbiological tests and hospitals also help drive the market in this region.
The European region hold the second largest share in the market as per the last conducted study in 2017. The region is poised to grow in the forthcoming years due to growth in the number of hospitals, research labs, and the surging number of accident cases.
The Asia Pacific region is anticipated to grow at an annual rate of 6.1% during the period between 2017 and 2023. The growth in this region can be attributed to the growing commonness of numerous diseases, an expanding number of forensic labs, and the imperative need for blood sampling. Lastly, the Middle East and Africa region is anticipated to witness slow growth and development due to limited exposure to forensic labs and lack of awareness concerning forensic swabs.
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Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 15
TABLE 2 PRIMARY INTERVIEWS 18
TABLE 3 GLOBAL FORENSIC SWAB MARKET, BY TYPE 2015-2023 (USD MILLION) 32
TABLE 4 GLOBAL FORENSIC SWAB MARKET, FOR FOAM TYPE 2015-2023 (USD MILLION) 33
TABLE 5 GLOBAL FORENSIC SWAB MARKET, FOR FLOCKED TYPE 2015-2023 (USD MILLION) 33
Continued…
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LIST OF FIGURES
FIGURE 1 GLOBAL FORENSIC SWAB MARKET: MARKET STRUCTURE 16
FIGURE 2 RESEARCH PROCESS 18
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACH 21
FIGURE 4 MARKET DYNAMICS: GLOBAL FORENSIC SWAB MARKET 23
FIGURE 5 DRIVERS IMPACT ANALYSIS: THE GLOBAL FORENSIC SWAB MARKET 24
Continued…
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