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Report
China Swabs Collection Kit Market Forecast 2023-2030
Market Report I 2023-07-28 I 147 Pages I Inkwood Research
KEY FINDINGS
The China swabs collection kit market is predicted to project a CAGR of 2.48% during the forecast period, 2023-2030. Favorable regulatory framework and government initiatives boost growth aspects in China with regard to swabs collection kits.
MARKET INSIGHTS
The Chinese government has implemented various measures to bolster the manufacturing and supply of swab collection kits, with a focus on enhancing financial support and providing incentives. These actions involve streamlining regulatory processes, offering financial assistance to manufacturers, and promoting the growth of domestic manufacturing capacity to meet the escalating demand. According to the provincial budget report of Guangdong, the leading economic province in China, a total of $22 billion has been allocated for pandemic prevention and control efforts over the past three years, commencing in 2020.
China has emerged as a significant exporter of swab collection kits, catering to countries across the globe. The country's robust manufacturing capabilities, competitive pricing, and ability to meet global demand have firmly established it as a key player in the global swab collection kits market, consequently driving the market growth.
Furthermore, the local testing requirements in China have played a crucial role in propelling the expansion of the swab collection kit market. Besides, as a response to the omicron wave, China's National Medical Products Administration (NMPA) granted approval for five COVID-19 antigen kits developed by domestic enterprises for self-testing in 2022.
COMPETITIVE INSIGHTS
Some of the key companies operating in the market are HiMedia Laboratories, Formlabs, Becton, Dickinson and Company, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. COUNTRY SNAPSHOT
2.3. COUNTRY ANALYSIS
2.4. SCOPE OF STUDY
2.5. CRISIS SCENARIO ANALYSIS
2.5.1. IMPACT OF COVID-19 ON SWABS COLLECTION KIT MARKET
2.6. MAJOR MARKET FINDINGS
2.6.1. PREVENTIVE CARE ENABLES EARLY DETECTION AND CONTAINMENT OF INFECTIOUS DISEASES
2.6.2. NASOPHARYNGEAL SWABS ARE MORE EFFICIENT FOR INFECTIOUS DISEASES
2.6.3. POINT-OF-CARE TESTING ENABLES RAPID & TIMELY DIAGNOSIS
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. GROWING NEED FOR QUICK & ACCURATE DIAGNOSIS OF INFECTIOUS DISEASES
3.1.2. SURGING DEMAND FOR DIAGNOSTIC TESTING
3.1.3. INCREASING HEALTHCARE INVESTMENTS
3.2. KEY RESTRAINTS
3.2.1. AVAILABILITY OF ALTERNATIVES
3.2.2. STRICT GOVERNMENT REGULATIONS
3.2.3. INCONCLUSIVE RESULTS DUE TO OPERATOR ERROR
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.3.1. GROWTH PROSPECT MAPPING FOR CHINA
4.4. MARKET CONCENTRATION ANALYSIS
5. MARKET BY TIP MATERIAL TYPE
5.1. POLYESTER
5.1.1. MARKET FORECAST FIGURE
5.1.2. SEGMENT ANALYSIS
5.2. COTTON
5.2.1. MARKET FORECAST FIGURE
5.2.2. SEGMENT ANALYSIS
5.3. RAYON
5.3.1. MARKET FORECAST FIGURE
5.3.2. SEGMENT ANALYSIS
5.4. FOAM
5.4.1. MARKET FORECAST FIGURE
5.4.2. SEGMENT ANALYSIS
5.5. OTHER TIP MATERIAL TYPES
5.5.1. MARKET FORECAST FIGURE
5.5.2. SEGMENT ANALYSIS
6. MARKET BY SAMPLE TYPE
6.1. NASOPHARYNGEAL SWABS
6.1.1. MARKET FORECAST FIGURE
6.1.2. SEGMENT ANALYSIS
6.2. OROPHARYNGEAL SWABS
6.2.1. MARKET FORECAST FIGURE
6.2.2. SEGMENT ANALYSIS
6.3. OTHER SAMPLE TYPES
6.3.1. MARKET FORECAST FIGURE
6.3.2. SEGMENT ANALYSIS
7. MARKET BY END-USER
7.1. DIAGNOSTIC CENTERS
7.1.1. MARKET FORECAST FIGURE
7.1.2. SEGMENT ANALYSIS
7.2. HOSPITALS & CLINICS
7.2.1. MARKET FORECAST FIGURE
7.2.2. SEGMENT ANALYSIS
7.3. HOME HEALTHCARE
7.3.1. MARKET FORECAST FIGURE
7.3.2. SEGMENT ANALYSIS
7.4. OTHER END-USERS
7.4.1. MARKET FORECAST FIGURE
7.4.2. SEGMENT ANALYSIS
8. COMPETITIVE LANDSCAPE
8.1. KEY STRATEGIC DEVELOPMENTS
8.1.1. MERGERS & ACQUISITIONS
8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
8.1.3. PARTNERSHIPS & AGREEMENTS
8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
8.2. COMPANY PROFILES
8.2.1. BECTON, DICKINSON AND COMPANY
8.2.1.1. COMPANY OVERVIEW
8.2.1.2. PRODUCTS LIST
8.2.1.3. STRENGTHS & CHALLENGES
8.2.2. FORMLABS
8.2.2.1. COMPANY OVERVIEW
8.2.2.2. PRODUCTS LIST
8.2.2.3. STRENGTHS & CHALLENGES
8.2.3. HIMEDIA LABORATORIES
8.2.3.1. COMPANY OVERVIEW
8.2.3.2. PRODUCTS LIST
8.2.3.3. STRENGTHS & CHALLENGES
8.2.4. LABORATORY CORPORATION OF AMERICA HOLDINGS
8.2.4.1. COMPANY OVERVIEW
8.2.4.2. PRODUCTS LIST
8.2.4.3. STRENGTHS & CHALLENGES
8.2.5. THERMO FISHER SCIENTIFIC INC
8.2.5.1. COMPANY OVERVIEW
8.2.5.2. PRODUCTS LIST
8.2.5.3. STRENGTHS & CHALLENGES
8.2.6. VIRCELL SL
8.2.6.1. COMPANY OVERVIEW
8.2.6.2. PRODUCTS LIST
8.2.6.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - SWABS COLLECTION KIT
TABLE 2: CHINA SWABS COLLECTION KIT MARKET, BY TIP MATERIAL TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: CHINA SWABS COLLECTION KIT MARKET, BY TIP MATERIAL TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 4: CHINA SWABS COLLECTION KIT MARKET, BY SAMPLE TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: CHINA SWABS COLLECTION KIT MARKET, BY SAMPLE TYPE, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 6: CHINA SWABS COLLECTION KIT MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: CHINA SWABS COLLECTION KIT MARKET, BY END-USER, FORECAST YEARS, 2023-2030 (IN $ MILLION)
TABLE 8: LIST OF MERGERS & ACQUISITIONS
TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 11: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR CHINA
FIGURE 4: MARKET CONCENTRATION ANALYSIS
FIGURE 5: CHINA SWABS COLLECTION KIT MARKET, GROWTH POTENTIAL, BY TIP MATERIAL TYPE, IN 2022
FIGURE 6: CHINA SWABS COLLECTION KIT MARKET, BY POLYESTER, 2023-2030 (IN $ MILLION)
FIGURE 7: CHINA SWABS COLLECTION KIT MARKET, BY COTTON, 2023-2030 (IN $ MILLION)
FIGURE 8: CHINA SWABS COLLECTION KIT MARKET, BY RAYON, 2023-2030 (IN $ MILLION)
FIGURE 9: CHINA SWABS COLLECTION KIT MARKET, BY FOAM, 2023-2030 (IN $ MILLION)
FIGURE 10: CHINA SWABS COLLECTION KIT MARKET, BY OTHER TIP MATERIAL TYPES, 2023-2030 (IN $ MILLION)
FIGURE 11: CHINA SWABS COLLECTION KIT MARKET, GROWTH POTENTIAL, BY SAMPLE TYPE, IN 2022
FIGURE 12: CHINA SWABS COLLECTION KIT MARKET, BY NASOPHARYNGEAL SWABS, 2023-2030 (IN $ MILLION)
FIGURE 13: CHINA SWABS COLLECTION KIT MARKET, BY OROPHARYNGEAL SWABS, 2023-2030 (IN $ MILLION)
FIGURE 14: CHINA SWABS COLLECTION KIT MARKET, BY OTHER SAMPLE TYPES, 2023-2030 (IN $ MILLION)
FIGURE 15: CHINA SWABS COLLECTION KIT MARKET, GROWTH POTENTIAL, BY END-USER, IN 2022
FIGURE 16: CHINA SWABS COLLECTION KIT MARKET, BY DIAGNOSTIC CENTERS, 2023-2030 (IN $ MILLION)
FIGURE 17: CHINA SWABS COLLECTION KIT MARKET, BY HOSPITALS & CLINICS, 2023-2030 (IN $ MILLION)
FIGURE 18: CHINA SWABS COLLECTION KIT MARKET, BY HOME HEALTHCARE, 2023-2030 (IN $ MILLION)
FIGURE 19: CHINA SWABS COLLECTION KIT MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)
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