Saliva Collection Devices Market Is Estimated To Witness High Growth Owing To Growing Adoption of Non-Invasive Procedures
SWOT Analysis
Strength: Saliva collection devices provide non-invasive and painless sample collection. This makes sample collection easier for patients, especially children and geriatric population. They provide accurate and stable analyte detection when compared to serum or plasma samples. Sterilized and single-use devices prevent any chances of cross-contamination.
Weakness: Storage and transportation of saliva samples require certain conditions like refrigeration to maintain sample integrity. Precision and accuracy of results depend on collection method and timing of sample collection. Factors like food intake, smoking, etc. can interfere with test results.
Opportunity: Rising demand for non-invasive testing methods for various diagnostic applications like infectious disease testing, hormone level testing, drug testing, etc. Increasing prevalence of chronic and lifestyle diseases is expanding the scope of saliva-based testing.
Threats: Presence of alternative sample collection methods like blood, urine and tissue sampling. Stringent regulatory landscape and quality standards for in-vitro diagnostics pose threats.
Key Takeaways:
Global Saliva Collection Devices Market Demand is expected to witness high growth, exhibiting CAGR of 12% over the forecast period, due to increasing demand for non-invasive diagnostic testing.
Regional analysis:
North America is expected to dominate the global Saliva Collection Devices market over the forecast period. Higher adoption of advanced diagnostic methods and well-established healthcare infrastructure are major factors driving the North America market. Asia Pacific market is anticipated to exhibit fastest growth due to rising healthcare expenditure, increasing awareness regarding advanced treatments, and growing focus toward preventive healthcare.
Key players:
Key players operating in the Saliva Collection Devices market are Abbott, NEOGEN Corporation, Salimetrics, LLC, Oasis Diagnostics Corporation, DiaMetra, Isohelix, OraSure Technologies, Candela Medical, Quest Diagnostics. Key players are focusing on new product launches, technological advancements in sample collection, partnerships, and geographic expansions to strengthen their market position.
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