Swab and Viral Transport Medium Market will surge past a global valuation of US$ 2.2 Bn by the end of 2030

In the thick of the COVID-19 pandemic, there is continual demand for swabs and viral transport mediums across the world to conduct tests and control the spread of the infection. This has created a lucrative revenue opportunity for the global swab and viral transport medium market. A new study by Fact.MR projects that the market will surge past a global valuation of US$ 2.2 Bn by the end of 2030.

Predominantly used across hospitals and laboratories, swab and viral transport medium aid in collecting, transporting, and storing swabs obtained from patients. The collected samples are then tested by microbiologists for the presence of infectious viruses, thereby playing a vital role in the detection of an infection or disease. Rising incidence of contagious diseases caused by viruses such as influenza, herpes simplex virus, rhinovirus, and varicella-zoster virus, among others, is also enabling the growth of the swab and viral transport medium market.

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A latest publication by Fact.MR on the global Swab and Viral Transport Medium market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the Swab and Viral Transport Medium market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Swab and Viral Transport Medium supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Swab and Viral Transport Medium, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Soaring Prevalence of Infectious Diseases Fueling Demand

The threat of infectious diseases has remained a major healthcare concern across both, developed and emerging economies. Influenza is one of the most common infections across the world, causing nearly 650,000 deaths every year. On this premise, nations are working on raising awareness and improving medical capabilities to lower the mortality rates. With testing being the most effective way to detect the presence of a virus, swab and viral transport mediums are expected to remain highly sought-after by medical institutions across the world.

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Report benefits & key questions answered

  • Post covid consumer spending on Swab and Viral Transport Medium: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
  • Swab and Viral Transport Medium demand outlook: the market intelligence study reports highlights the factor propelling the demand for Swab and Viral Transport Medium. As per the study, the demand for Swab and Viral Transport Medium will grow through 2030.
  • Swab and Viral Transport Medium historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
  • Swab and Viral Transport Medium consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Swab and Viral Transport Medium Market Segmentations:

  • By Product :

    • Swab Type
    • Nasal Swabs
    • Nasopharyngeal Swabs
    • Throat Swabs
    • Transport Medium
  • By Application :

    • Viral Infection Diagnosis
    • COVID-19
    • Influenza
    • Herpes Simplex Virus
    • Varicella-zoster Virus
    • Others
  • By End-User :

    • Hospitals & Clinics
    • Microbiology Laboratories
    • Diagnostic Laboratories
    • Others
  • By Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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