ALCOHOL SWAB MARKET ANALYSIS

Alcohol swab is a cotton type material saturated with 70 percent isopropyl alcohol, which is used to clean area prone to injury. Alcohol swab is also used to clean minor cuts, scrapes, bug bites, and blister. Furthermore, alcohol swab is used to clean skin before giving injection to patients. Cleaning with alcohol swab helps in the prevention of bacteria that could enter into the patient body. Alcohol swab is also used as first aid kit at home, in cars or at work. To keep alcohol swab sterile and moist until they need to be used, they are tightly sealed in aluminum paper packet and are made in variety of sizes that can be used for different types of wound. Moreover, alcohol swab is also used to disinfect scissors and tweezers. Alcohol swab should not be used in the eye or nose or on deep puncture wounds.

Global Alcohol Swab Market: Drivers

The global alcohol swab market is expected to experience significant growth over the forecast period due to increasing incidence rate of fall injuries among the people, globally. For instance, according to the Centers for Disease Control and Prevention (CDC) 2017 report, estimated 800, 000 patients are hospitalized every year due to fall injury. Furthermore, according to the same source, 3 million people are treated in emergency department due to fall injury each year, globally.

The increasing incidence of road traffic injuries among people globally is another factor driving the global alcohol swab market growth. For instance, according to the World Health Organization (WHO) February 2020 report, road traffic is the leading cause of death of children and young adults who are in the age group of 5 to 20 years. Furthermore, according to the same source, estimated 20 million to 50 million suffer from fatal injury, globally. Therefore, increasing incidence of road accidents result in increasing demand for alcohol swab to clean skin before giving injection to patients.

The use of alcohol swab is easier and more feasible than using antiseptic with cotton separately, which increases demand for alcohol swab and in turn, drives the global alcohol swab market growth.

As alcohol swab is cost-effective, the demand for alcohol swab among people for use in minor cuts and for other type of minor injuries increases and hence, boosts the global alcohol swab market growth.

Global Alcohol Swab Market: Restraints

However, side effects associated with alcohol swab such as burning and stinging can occur due to rubbing alcohol swab on deep puncture wounds, which is a major factor restraining the global alcohol swab market growth.

Global Alcohol Swab Market: Regional Analysis

North America is expected to account for the largest market share in the global alcohol swab market, owing to factors such as increasing prevalence of injury cases among people in North America. For instance, according to the Centers for Disease Control and Prevention (CDC) October 2019 report, in motor vehicle crashes, estimated 3 million people get non-fatally injured in the U.S. (U.S.), each year. Therefore, increasing incidence rate of non-fatal injuries in the U.S. results in increasing demand for alcohol swab in North America.

Global Alcohol Swab Market: Key Players

Key players operating in the global alcohol swab market include Phoenix Healthcare Solutions, LLC, Medtronic plc, Dynarex Corporation, 3M, and Becton, Dickinson and Company.

Global Alcohol Swab Market: Taxonomy

On the basis of product type, the global alcohol swab market is segmented into:

• Cotton Tipped Swabs
• Foam Tipped Swabs
• Others

On the basis of end user, the global alcohol swab market is segmented into:

• Hospital
• Clinics
• Ambulatory Surgical Centers

On the basis of region, the global alcohol swab market is segmented into:

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