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Medical Nonwoven Disposables Market is Expected to Reach $10.6 Billion, Globally, by 2020 - Allied Market Research


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Allied Market Research

17 Jun, 2015, 14:03 GMT

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PORTLAND, Oregon, June 17, 2015 /PRNewswire/ --

According to a new report by allied market research, titled, "Global Medical Nonwoven Disposables Market (Product Type, Geography) - Size, Share, Trends, Company Profiles, Demand, Insights, Analysis, Opportunities, Segmentation, Forecast, 2014 - 2020," the global medical nonwoven disposables market is expected to register a CAGR of 9.6% during 2015-2020. Surgical nonwoven products segment accounted for a market share of 54.8% in 2014 and would continue to lead the market through 2020. However, the segment for incontinence nonwoven products would have fastest growth during the forecast period due to rising population with incontinence, increased awareness for personal hygiene and rising per capita healthcare spending.

     (Logo: http://photos.prnewswire.com/prnh/20140911/647229)

Medical nonwoven disposables are used to prevent infection and maintain hygiene during the surgical procedures. This has given rise to the popularity of nonwoven disposables among clinicians. Coupled with increasing prevalence of hospital acquired infections (HAI), the medical nonwoven disposables market would grow at a healthy rate. In addition, rising per capita healthcare spending, stringent regulations for hygiene, and global increase in the count of population with incontinence would further boost the growth of global medical nonwoven disposables market. However, disposal concerns and the growing popularity of minimally invasive and robotic assisted surgeries would impede the market growth of nonwoven medical disposables to a certain extent.

The global medical nonwoven disposables market is segmented into incontinence and surgical products. The global nonwoven disposable underwear and disposable diapers market segments would register a double digit CAGR during the forecast period. A considerable demand for incontinence nonwoven disposable underwear is observed among the adult population suffering from incontinence. The surgical drapes and surgical gown segments collectively accounted for about two-third of the market share in the global surgical nonwoven disposable product market in 2014. The demand for these disposables is supplemented by their general application in surgeries.

Key findings of the study: 

  • Disposable diapers accounted for about half of the incontinence nonwoven disposables market revenue in 2014
  • Surgical caps would be the fastest growing segment in the surgical nonwoven disposables market during the forecast period
  • China would continue to be the market leader in Asia Pacific medical nonwoven disposables market
  • Germany, France and U.K. collectively accounted for over 50% of the Europe medical nonwoven disposables market
  • Freudenberg Nonwoven is a market leader in the global medical nonwoven disposables market

Currently, North America is the largest market for nonwoven medical disposable products; however, with growing medical tourism and increasing spending on sophisticated hospitality services, Asia Pacific would marginally lead the global nonwoven medical disposable market by 2020. Developing countries are the largest suppliers of medical non-woven disposables, owing to the economic pricing of raw materials and cheaper labor work force. The demand of the medical nonwoven disposables market in LAMEA is increasing due to high prevalence of infectious diseases, interventions from the government through awareness campaigns and large scale public initiatives for maintaining hygienic environment.

The major players in the market are using new product launch as their key growth strategy. Efficacy, comfort and enhanced hygiene of products have been the key focus areas of manufactures. Major Companies profiled in the report include Domtar Corporation, Kimberly-Clark Corporation, Medtronic Inc., Molnlycke Health Care AB, First Quality Enterprises, Inc., Svenska Cellulosa Aktiebolaget, UniCharm Corporation, Ahlstrom, Georgia Pacific LLP and Freudenberg Nonwovens.

To request more information about the report, visit the website at https://www.alliedmarketresearch.com/medical-nonwoven-disposables-market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Int'l: +1 (503) 505-6949
Toll Free: + 1-800-792-5285 (U.S. & Canada)
E-mail: sales@alliedmarketresearch.com

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