Market Overview:
Saliva collection devices are used to collect saliva samples from patients. Saliva collection devices are used for clinical analysis, forensic investigation and research purposes. Saliva collection is non-invasive and easy process for both patients and healthcare professionals. Key products include swabs, spit kits, swabs-branded funnels, tubes, pipes, and lancets.
The Saliva Collection Devices Market is estimated to be valued at US$ 297.27 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing trend of home healthcare diagnostics is driving the growth of the saliva collection devices market. Home saliva test kits aid in easy and non-invasive collection and testing of various biomarkers from saliva without visiting laboratories or hospitals. Key players are introducing technologically advanced products including pre-stamped envelopes, integrated collection and storage systems to make home sample collection simple. Further, high reliability and accuracy of saliva biomarkers in detecting various health conditions is expected to increase adoption of saliva-based tests over the forecast period.
Porter’s Analysis
Threat of new entrants: The saliva collection devices market has moderate threat of new entrants as it requires R&D, manufacturing facilities and distribution channels to cater the demand.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of alternative products and brand loyalty.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of substitute raw materials and components.
Threat of new substitutes: Threat from new substitutes is low as saliva collection devices have wide applications in testing of various diseases.
Competitive rivalry: Intense due to presence of global and regional players.
SWOT Analysis
Strength: Wide applications in detection of various diseases like SARS-CoV-2, cancer, stress levels. Non-invasive technique collects accurate sample.
Weakness: Collection of insufficient saliva sample affects test results. Strict regulations for product approval.
Opportunity: Growth in direct-to-consumer genetic testing. Increasing demand for COVID-19 and cancer screening.
Threats: Alternative sample collection techniques like blood and urine samples. Reimbursement issues associated with saliva testing.
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 focus on non-invasive sampling techniques in diagnostics. North America dominates the market currently due to growing awareness and adoption of saliva testing in the region. The Asia Pacific region is expected to witness the fastest growth rate due to improving healthcare infrastructure and rising disposable income in developing countries like China and India.
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. Abbott and OraSure Technologies together account for over 30% share of the global market.
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