May 20, 2024
Saliva Collection Devices Market

The Lucrative Saliva Collection Devices Market Is Riding High On Expanding Telehealth Trends

The saliva collection devices market has emerged as a promising avenue for diagnosing various illnesses through non-invasive procedures. Saliva collection devices provide an easy, pain-free, and hygienic way of collecting saliva samples, which can then be used for testing several health parameters. Saliva tests are currently being used for detecting diseases like cancer, HIV, periodontal disease, and others. Saliva collection is a patient-friendly procedure and the samples collected can be immediately processed or stored at room temperature for future analysis. Rising demand for non-invasive diagnostic techniques along with growing utilization of telehealth services is fueling the adoption of saliva collection devices globally.

The Global Saliva Collection Devices Market is estimated to be valued at US$ 342.46 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2030.

Key players operating in the saliva collection devices market are IBM Corporation, Oracle Corporation, Cerner Corporation, InterSystems Corporation, Allscripts Healthcare Solutions, Red Hat, Inc. (acquired by IBM), Microsoft Corporation, GE Healthcare, Infor, Inc., Epic Systems Corporation, TIBCO Software Inc., McKesson Corporation, Dell Technologies, Informatica Corporation, Ascom Holding AG.

Key Takeaways

Key players: Key players operating in the saliva collection devices are IBM Corporation, Oracle Corporation, Cerner Corporation, InterSystems Corporation, Allscripts Healthcare Solutions, Red Hat, Inc. (acquired by IBM), Microsoft Corporation, GE Healthcare, Infor, Inc., Epic Systems Corporation, TIBCO Software Inc., McKesson Corporation, Dell Technologies, Informatica Corporation, Ascom Holding AG. These players are focused on developing innovative products and adopting partnerships and acquisition strategies to strengthen their presence in the market.

Growing demand: The demand for saliva collection devices is witnessing significant growth owing to rise in adoption of non-invasive diagnostics procedures. Saliva tests help avoid painful blood draws and are particularly beneficial for pediatric patients and patients belonging to geriatric group. Saliva tests are also faster and affordable alternatives to clinical tests.

Global expansion: Leading players in the Global Saliva Collection Devices Market Size are expanding their geographical outreach into high potential emerging markets of Asia Pacific, Latin America, and Middle East & Africa. These regional markets are expected to provide lucrative opportunities for market players owing to growing healthcare expenditures, increasing demand for advanced diagnostic solutions, and rising awareness about non-invasive procedures.

Market key trends

One of the key trends gaining traction in the saliva collection devices market is integration with telehealth and digital health platforms. Major players are focusing on developing devices that can seamlessly connect with virtual healthcare delivery systems. This allows remote collection of saliva samples and transfer of test results digitally. The ongoing trend of telehealth and remote patient monitoring is expanding the applications of saliva collection devices, thereby supporting market growth over the forecast period.

Porter’s Analysis

Threat of new entrants: The threat of new entrants into the saliva collection devices market is moderate as setting up a saliva collection devices manufacturing unit requires large investments. However, the growing demands for saliva diagnostics provide opportunities for new market players.

Bargaining power of buyers: The bargaining power of buyers in the saliva collection devices market is moderate. The availability of substitutes provides buyers with bargaining power to some extent. However, the need for standard medical-grade collection devices keeps their negotiating power in check.

Bargaining power of suppliers: The bargaining power of suppliers in the saliva collection devices market is low. This is because raw material suppliers have limited control over prices due to the fragmented nature of the supply base.

Threat of new substitutes: The threat of substitutes in the saliva collection devices market is low. Alternative sample collection methods, such as blood collection, require more expertise, infrastructure, and are invasive in nature.

Competitive rivalry: The competitive rivalry in the market is high due to the presence of many global as well as regional players. Manufacturers compete based on product portfolio, quality, pricing, and geographic presence.

Geographical Regions

North America holds the largest share of the saliva collection devices market, both in terms of value and volume. This is attributed to factors such as the growing geriatric population, increasing awareness about non-invasive procedures, and technological advancements in the region.

The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. This is owing to increasing healthcare expenditures, growing population, rising awareness about saliva-based testing, and improving healthcare infrastructure in emerging countries such as China, India, and South Korea.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it