• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      iLet Bionic Pancreas Cleared by FDA

      iLet Bionic Pancreas Cleared by FDA

      Urine Test for Parkinson’s Disease

      Urine Test for Parkinson’s Disease

      Investigating Bacterial Motion for New Treatment Strategies

      Investigating Bacterial Motion for New Treatment Strategies

      Smart Sutures Sense Inflammation, Deliver Drugs, Cells

      Smart Sutures Sense Inflammation, Deliver Drugs, Cells

    • Radiology
      Wearable Ultrasound for Deep Tissue Monitoring

      Wearable Ultrasound for Deep Tissue Monitoring

      Implanted Ultrasound Lets Chemo Access Brain

      Implanted Ultrasound Lets Chemo Access Brain

      Wearable Ultrasound Measures Tissue Stiffness Under Skin

      Wearable Ultrasound Measures Tissue Stiffness Under Skin

      Brain Decoder Spells Out Thoughts

      Brain Decoder Spells Out Thoughts

    • Cardiology
      Wearable Ultrasound for Deep Tissue Monitoring

      Wearable Ultrasound for Deep Tissue Monitoring

      Pencil-on-Paper Wearable Sensor

      Pencil-on-Paper Wearable Sensor

      Cell Culture Chamber Mimics Mechanical States of Disease

      Cell Culture Chamber Mimics Mechanical States of Disease

      Chest Wearable Provides Key Heart Measurements

      Chest Wearable Provides Key Heart Measurements

    • Surgery
      Device Moves Esophagus for Cardiac Ablation Procedure

      Device Moves Esophagus for Cardiac Ablation Procedure

      Smart Sutures Sense Inflammation, Deliver Drugs, Cells

      Smart Sutures Sense Inflammation, Deliver Drugs, Cells

      Automated Computer Assistant for Kidney Transplant Rejection Diagnostics: Interview with Study Authors

      Automated Computer Assistant for Kidney Transplant Rejection Diagnostics: Interview with Study Authors

      Soft Robotic Electrode Enables Minimally Invasive Placement

      Soft Robotic Electrode Enables Minimally Invasive Placement

    • Nanomedicine
      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

      Bottlebrush Particle for Synergistic Drug Combinations

      Bottlebrush Particle for Synergistic Drug Combinations

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Temperature Feedback for Prosthetic Limbs

      Temperature Feedback for Prosthetic Limbs

      Brain Decoder Spells Out Thoughts

      Brain Decoder Spells Out Thoughts

      Knitted Glove Massages the Hand to Treat Edema

      Knitted Glove Massages the Hand to Treat Edema

      Empowering Stroke Survivors: Interview with Kirsten Carroll, CEO at Kandu Health

      Empowering Stroke Survivors: Interview with Kirsten Carroll, CEO at Kandu Health

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Swab and Viral Transport Medium Market’s Spike in 2020 to Taper Off through 2030 – Future Market Insights

January 18th, 2021 Future Market Insights Releases

The COVID-19 pandemic is expected to see an increase in swab and viral transport product manufacturing capabilities to meet the unprecedented requirements of healthcare organizations, on a global scale.

The staggering rise in the number of global COVID-19 cases and the inadequacy of laboratory-based testing infrastructure are key factors that are encouraging the use of new swab and viral transport mediums. In addition, government bodies are pushing for faster approval of products in the market to enable faster access into open markets. These trends will support the swab and viral transport medium market until the end of the pandemic.

The swab and viral transport medium market is projected to rise at a sluggish 1.2% CAGR during the forecast period between 2020 and 2030. Rising incidences of infectious diseases and massive growth of cities with high population densities, bolsters the demand for swab and viral transport mediums. Innovations in terms of accuracy, faster results, and ease of use will support the industry even after the outbreak comes to an end.

“In early 2020, the United States FDA approved the application of synthetic swabs for coronavirus testing. This enables potential patients to self-administer the tests, minimizing exposure of the virus to medical professionals. In addition, manufacturers are pushing for the development of polyester swabs in large numbers to meet the rising need for COVID-19 diagnostics,” states the FMI analyst.

For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-11195

Swab and Viral Transport Medium Market- Critical Takeaways

  • Viral swabs will lead in terms of market revenue, particularly driven by the integration of PCR tech in new products.
  • Viral transport medium is gaining substantial revenue share, supported by protocol recommendations by regulatory bodies such as the CDC and WHO.
  • Apart from COVID-19, hantavirus, and influenza testing and transport applications will remain key contributors to market development.
  • Hospitals and clinics will account for major market share owing to rising healthcare investments and the threat of infectious disease.
  • North America will remain a dominant force in the swab and viral transport medium market owing to the presence of major market players, and growing emphasis on COVID-19 testing.

Swab and Viral Transport Medium Market- Drivers

  • The expansion of the diagnostics industry supports the demand for swab and viral transport medium.
  • An exponential rise in infectious diseases including COVID-19 and influenza encourage the production of swabs and viral transport mediums.
  • Faster regulatory approval of new product offerings aids market revenue growth.
  • Investments in associated tech research by government bodies is set to drive product development in the industry.

Swab and Viral Transport Medium Market- Restraints

  • High cost of development for viral swabs for varied pathogens hinders market growth.
  • Lack of accuracy through false positives and negatives hinder adoption in the swab and viral transport medium market.

Coronavirus Impact on Swab and Viral Transport Medium Market

Major swab and viral transport medium manufacturers are struggling to keep up with the massive global demand. Despite government funding and fiscal aid, shortages are likely to impact the market, even as producers push to ramp up production. In addition, swabs for COVID-19 tests need unique designs and materials, which impacts prospects in the market.

Disruptions to raw material supply chains such as plastics and reagents, are impacting hospital and clinic access to swabs and viral transport mediums. Governments are consequently directing manufacturing resources to keep up with the rising demand for testing. On the other hand, the high demand for COVID-19 related products is impacting swabs and viral transport mediums for other diseases which is impacting market growth. Bringing the pandemic under control is essential to maintain pre-coronavirus levels of demand.

For information on the research approach used in the report, request methodology@ https://www.futuremarketinsights.com/askus/rep-gb-11195

Competitive Landscape

The top manufacturers in the fragmented swab and viral transport medium market are pushing for new product launches and are also investing in ramping up production capacities, to generate new revenue streams. Also, product approvals will remain essential in market strategies.

For instance, Thermo Fisher Scientific has announced a FDA- breakthrough device designation for its new assay for oncomine precision. Also, ChromaCode has received and emergency use authorization by the FDA for its SARS-CoV-2-PCR test.

Key players in the swab and viral transport medium market include but are not limited to MWE, Becton, Titan Biotech Ltd., Dickinson & Company, Deltalab, Cardinal Health Inc., VIRCELL S.L., McKesson Corporation, COPAN Diagnostics Inc., and Thermo Fisher Scientific Inc.

Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/11195

About the Study

The study offers an in-depth projection of the swab and viral transport medium market. Global, regional and national-level analysis of the latest trends influencing the swab and viral transport medium market is covered in this FMI report. The study provides insights according to product type (viral transport medium and virus swabs), indication (influenza, respiratory syncytial virus, mumps virus, adenovirus, rhinovirus, herpes simplex virus, varicella zoster virus, and others), end user (diagnostic laboratories, hospitals & ASCs, specialty clinics, and others), in seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and MEA).

Explore FMI’s Coverage of the Healthcare, Pharmaceuticals, and Medical Devices Industry

Positron Emission Tomography (PET) Scanners Market– Insights on the global positron emission tomography (PET) scanners market through FMI’s report covering detailed analysis for projection period 2016-2026.

Vagus Nerve Stimulator Market– FMI’s study on the global vagus nerve stimulator market covers the latest trends, innovations, key players, and popular strategies for the period 2018-2028.

Healthcare Regulatory Affairs Outsourcing Market– Obtain analysis on the healthcare regulatory affairs outsourcing market through FMI’s report covering competitive analysis, key regions, and segmental analysis for 2017-2025.

About Future Market Insights

Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the healthcare, pharmaceuticals, and medical devices sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Contact:

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Market Report: https://www.futuremarketinsights.com/reports/swab-and-viral-transport-medium-market
Press Release Source: https://www.futuremarketinsights.com/press-release/swab-and-viral-transport-medium-market

Sign up and submit a press release

Sponsored

Packaging Compliance Labs (PCL) Celebrates Site Expansion in Grand Rapids, MI

Novel Approach to Assessing Lung Function Enables Improved Detection, Diagnosis and Treatment Decisions in Subject Exposed to Military Burn Pits

U.S. Patent Office Grants Additional Patent Protection For  Exoskeleton Focal-Force Angioplasty Platform

U.S. Patent Office Grants Additional Patent Protection For Exoskeleton Focal-Force Angioplasty Platform

Reliefband® State of Nausea Study Reveals More Than Three-Quarters of Americans Are Prevented from Enjoying Life As a Result of Regular Nausea

Reliefband® State of Nausea Study Reveals More Than Three-Quarters of Americans Are Prevented from Enjoying Life As a Result of Regular Nausea

New AI-Powered Voice Controls Streamline Ultrasound Imaging with All Clarius Handheld Systems

New AI-Powered Voice Controls Streamline Ultrasound Imaging with All Clarius Handheld Systems

interviews & reviews
Automated Computer Assistant for Kidney Transplant Rejection Diagnostics: Interview with Study Authors

Automated Computer Assistant for Kidney Transplant Rejection Diagnostics: Interview with Study Authors

RF Technology for Health Monitoring: Michael Leabman, CTO of Movano Health

RF Technology for Health Monitoring: Michael Leabman, CTO of Movano Health

AI’s role in Healthcare: Exclusive Interview with Catherine Estrampes, President & CEO at GE Healthcare

AI’s role in Healthcare: Exclusive Interview with Catherine Estrampes, President & CEO at GE Healthcare

Digital Self-Neuromodulation Therapy for PTSD: Interview with Oded Kraft, CEO of GrayMatters Health

Digital Self-Neuromodulation Therapy for PTSD: Interview with Oded Kraft, CEO of GrayMatters Health

Levels Is Making Metabolism and Blood Glucose Tracking Accessible To Everyone

Levels Is Making Metabolism and Blood Glucose Tracking Accessible To Everyone

Imagene Profiles Cancer Biomarkers in Real Time

Imagene Profiles Cancer Biomarkers in Real Time

Empowering Stroke Survivors: Interview with Kirsten Carroll, CEO at Kandu Health

Empowering Stroke Survivors: Interview with Kirsten Carroll, CEO at Kandu Health

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email