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Global Medical Nonwoven Disposable Market to reach US$18.4 Billion by 2024: Rising Incidence of Epidemics Raises Demand, Observes TMR


News provided by

Transparency Market Research

23 Feb, 2017, 11:30 GMT

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ALBANY, New York, February 23, 2017 /PRNewswire/ --

Transparency Market Research has observed that the global Medical Nonwoven Disposable Market is quite fragmented in nature. Most of the players are focused on catering to the needs of epidemics such as Ebola. For the same purpose, these players are engaged in developing disposables through constant research and development. The top three players in the global market are Svenska Cellulosa, Kimberly-Clark Corporation, and Paul Hartmann AG. These players collectively held a share of 39.3% in the global market in 2015. Diversification of product portfolio, expanding to various other geographies, and strategic acquisitions will be some of the winning strategies of these players in the coming few years.

According to the research report, the global medical nonwoven disposable market was valued at US$12.9 bn in 2015 and is expected to be worth US$18.4 bn by the end of 2024. During the forecast period of 2016 and 2024, the global market is expected to progress at a CAGR of 4%.

Technological Advancements Give Surgical Products a Significant Boost in Global Market 

On the basis of product, the global market is divided into surgical products, incontinence products, and wound dressings. The surgical products segment is estimated to lead the global market in the coming years as it is set to account for a share of 52.0% in the global market. This segment is further divided into drapes, gowns, caps, masks, and others.

In terms of geography, North America is projected to acquire a share of 39.2% in the overall market. Despite a minor drop, the region is expected to dominate the global market due to a well-established healthcare infrastructure, awareness amongst patients about access to healthcare, and favorable reimbursement policies.

Download PDF Sample of Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2413

Government Initiatives to Reduce Cross-contaminations to Ensure Swift Uptake of Medical Nonwoven Disposables 

The primary growth driver for the global medical nonwoven disposable market is the stupendous rise in the number of geriatrics. The high susceptibility of this segment of the population to diseases and persistent care is expected to propel the demand for medical nonwoven disposables in the coming years. The market is also likely to benefit from the growing incidences of epidemic and pandemic diseases. The emergence of diseases such as Ebola, Chikungunya, H1N1 virus, and severe acute respiratory syndrome (SARS) have been key epidemics augmenting the demand for medical nonwoven disposables.

Technological demands in the manufacturing of nonwoven fabric that have added features such as high absorbency and anti-microbial properties to reduce cross-contamination is also expected to drive the growth of the global market. Furthermore, growing number of government initiatives to reduce the number of infections and improve the manufacturing technology has also benefited the global market to a significant extent. Lastly, the growing awareness about the hospital-acquired infections has also triggered a wave of using high quality medical nonwoven disposables.

Inquire for Report Customization:  

http://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2413

High Cost of Research and Development to Restrain Market Growth 

The high cost of raw materials and research and development that is required for catering to the demand for newer demands is expected hamper market growth. Furthermore, the stringent regulatory scenario about disposal of these products is also expected to restrain several end users from using the products. Additionally, the unfavorable economic conditions are also anticipated to have a negative impact on the global market in the coming years.

This review is based on Transparency Market Research's report, titled "Medical Nonwoven Disposables Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024."

The global medical nonwoven disposables market is segmented as follows:

Global Medical Nonwoven Disposables Market Revenue, by Product type 

  • Surgical Products
    • Drapes
    • Gowns
    • Caps
    • Masks
    • Others
  • Wound Dressings
    • Bandages
    • Tapes
    • Post-operative wound dressings
    • Operative wound dressings
    • Dressing pads
  • Incontinence Products
    • Under pads diapers
    • Diapers

Global Medical Nonwoven Disposables Market Revenue, by Material 

  • Polypropylene
  • Polyethylene
  • Acetate
  • Rayon
  • Polyamides & Polyester
  • Acrylic
  • Others

Global Medical Nonwoven Disposables Market Revenue, by End-Users 

  • Hospitals
  • Nursing Centers
  • Ambulatory Surgical Centers
  • Clinics

Global Medical Nonwoven Disposables Market Revenue, by Geography 

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

Browse Related Research Reports: 

Latex Medical Disposables Market (Product Type - Latex Gloves, Latex Foley Catheters, Latex Probe Covers, and Urine Bags); End User - Hospitals, Clinics, Ambulatory Surgical Centers, Clinics, and Diagnostic Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

http://www.transparencymarketresearch.com/latex-medical-disposables-market.html

Medical Disposables Market (Drug Delivery, Wound Management Products, and Non-woven Medical Disposables) - Global and U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018

http://www.transparencymarketresearch.com/medical-disposables-market.html

About Us: 

Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact Us:

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com
Blog: http://www.tmrblog.com/

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