Major market players are investing heavily in research and development to increase their product lines, which will help the Saliva Collection & Diagnostics market to grow further. The market players have also undertaken a number of strategic initiatives to expand their footprints, including key market developments such as new product launches, contractual agreements, mergers and acquisitions, increasing investments, and collaborations with other organizations. Competitors in the Saliva Collection & Diagnostics industry must offer cost-effective products to expand and survive in the increasingly competitive and rising market environment.
One of the key business strategies adopted by the manufacturers in the Saliva Collection & Diagnostics industry to benefit their customers and expand their market segment is to manufacture locally to reduce operating costs. In recent years, the Saliva Collection & Diagnostics industry has provided some of the most significant benefits to medicine. Major players in the Saliva Collection & Diagnostics market such as Neogen Corporation. (US), SARSTEDT AG & Co. KG (Germany), Quest Diagnostics (US), OraSure Technologies (US) and Abbott Laboratories (US) are focusing on expanding the market demand by investing in research and development activities.
Headquartered in Michigan, USA, Neogen was founded in 1982. The company provides a broad range of solutions and services to the food processing, animal protein and agriculture industries, as well as the life sciences and toxicology sectors. The company has two business divisions, food safety and animal safety, of which animal safety is the market-focused department. The company offers products in categories such as animal safety, food safety, genomics, life sciences and toxicology, with toxicology being a category of market focus. The company is committed to the continuous development of saliva testing equipment.
In January 2020, NEOGEN Corporation announced that it had acquired Productos Quimicos Magiar, a distributor of the company's food safety diagnostic products, which will increase future sales and revenue.
Also, OraSure Technologies, Inc., headquartered in Pennsylvania, USA, develops, manufactures and distributes rapid diagnostic tests, sample collection and stabilization devices, and molecular service solutions designed to detect critical medical conditions. The company has two business segments, Diagnostics and Molecular Solutions, with Diagnostics being the market-focused segment. The company is engaged in the provision of products in categories such as diagnostics and test sampling tools, of which diagnostics and testing is the category that the market is focusing on. The company has initiated several strategic initiatives to expand its market.
In January 2021, DNA Genotek, a subsidiary of OraSure Technologies, Inc., announced that its product, named OMNIgene ORAL (OM-505) saliva collection kit, had been granted Emergency Use Authorization (EUA) to Ambry Genetics for Ambry COVID- 19 RT-PCR saliva test. This EUA grant received by the company increases its future sales and revenue.
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