Market Size of Global Gauze Swabs Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Gauze Swab Market Analysis
The gauze swabs market is expected to register a CAGR of 5.3% over the forecast period.
The COVID-19 outbreak impacted the healthcare sector as well as the gauze swabs market since hospitals and healthcare services were reduced due to social distancing measures taken by governments worldwide during the initial phase. The COVID-19 pandemic greatly impacted the functioning of general hospital care for non-COVID-19 patients globally. According to an article published by the American Journal of Managed Care in September 2021, a significant percentage of patients with chronic wounds delayed preventative and emergent wound care during the COVID-19 pandemic. Such delays impacted the growth of the market adversely. However, in the post-pandemic scenario, surgical procedures are normally taking place. Thus, the market is expected to have stable growth during the forecast period of the study.
The major factors responsible for the market's growth are cost-effective, skin-friendly gauze swabs and technological advancements in wound care. Moreover, factors such as increasing road, household, and sports accidents requiring gauze swabs are driving the market to a certain extent. For instance, as per the study published by PubMed in May 2021, the average injury rate was found to be 2.64 per 1000 in Spain. Three contact sports presented the highest injury rate: soccer (7.21), judo (4.82), and basketball (4.31).
Moreover, according to an article published by PubMed Central in July 2022, a study was conducted in Ethiopia which showed that out of 354 victims of road traffic accidents, fracture was the most common one with 71.1% prevalence, particularly lower limb fracture (42.1%). The article also stated that more than half victims (59.5%) had open wounds, and that 51.8% of the people experienced road traffic accidents while crossing or walking along the way.
The high cost of dressings is the major factor that is expected to impede the market's growth over the forecast period.
Gauze Swab Industry Segmentation
As per the scope of the report, gauze swabs are used as a dressing material for cleaning the wound and preparing it for dressing. They are cellulose gauze, which is soaked in antiseptic liquid and wiped over hard surfaces to clean the affected area.
The Gauze Swabs Market is segmented by Type (Sterile Gauze Swabs and Non-Sterile Gauze Swabs), End User (Hospitals, Clinics, and Home care), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (in USD million) for the above segments.
By Type | |
Sterile Gauze Swabs | |
Non-Sterile Gauze Swabs |
By End User | |
Hospitals | |
Clinics | |
Homecare |
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Global Gauze Swabs Market Size Summary
The gauze swabs market is poised for steady growth over the forecast period, driven by factors such as cost-effectiveness, skin-friendliness, and technological advancements in wound care. The market experienced initial setbacks due to the COVID-19 pandemic, which led to a reduction in hospital services and delayed wound care for non-COVID-19 patients. However, as surgical procedures have resumed, the market is expected to stabilize. The increasing incidence of road, household, and sports-related accidents, along with the rising prevalence of diabetic foot ulcers, is further propelling market demand. Sterile gauze swabs, favored for their ease of use and faster healing properties, are gaining traction in hospitals and diagnostic laboratories, enhancing their market share over non-sterile alternatives.
Regionally, North America is anticipated to hold a significant share of the global gauze swabs market, supported by high healthcare expenditure, a robust healthcare infrastructure, and an aging population prone to surgeries. The increasing occurrence of sports injuries in the United States and Canada is also contributing to market growth, as these injuries necessitate the use of gauze swabs. The market is characterized by fragmentation, with several global and regional players such as Cardinal Health, 3M, Johnson & Johnson, and Medline Industries Inc. leading the charge. Recent strategic moves, like Mediq B.V.'s acquisition of Bunzl Retail & Healthcare Supplies Limited, highlight ongoing consolidation efforts within the industry.
Global Gauze Swabs Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Road, Households, and Sports Accidents
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1.2.2 Rising Number of Surgeries across the Globe
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1.3 Market Restraints
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1.3.1 High Cost of Dressings
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Type
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2.1.1 Sterile Gauze Swabs
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2.1.2 Non-Sterile Gauze Swabs
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2.2 By End User
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2.2.1 Hospitals
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2.2.2 Clinics
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2.2.3 Homecare
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Global Gauze Swabs Market Size FAQs
What is the current Global Gauze Swabs Market size?
The Global Gauze Swabs Market is projected to register a CAGR of 5.30% during the forecast period (2024-2029)
Who are the key players in Global Gauze Swabs Market?
Cardinal Health, Medline Industries, Winner Medical Group Inc, Aero Healthcare and 3M are the major companies operating in the Global Gauze Swabs Market.