Surgical Drapes Market Competitive Strategies, Regional Analysis Forecast 2024
According to TMR, the global surgical drapes market is likely to remain steady during 2017 and 2025, exhibiting a CAGR of 3.3% during the time-frame. At this pace, the market is expected to value US$3.8 bn by the end of 2025. Among end users, the market is expected to witness significantly high demand from the hospital segment. Besides this, the market is forecast to be led by North America among its key regional segments.
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Rising Incidence of HAIs to Fuel Demand for Surgical Drapes
The global surgical drapes market will continue exhibiting strong growth in the forthcoming years on account of the rising incidence of hospital-acquired infection (HAIs). Besides this, the probability of surgical site infections (SSIs) increasing owing to the use of unsterilized equipment is fuelling the demand for surgical drapes. Surgical drapes help in preventing the incidence of SSIs, which is identified as one of the chief market drivers. In addition, surgical drapes protect from various forms of contamination such as skin flora, which is identified as one of the key triggers of SSIs. They are used by patients and healthcare workers alike, which has bode well for the overall market. The fact that surgical drapes are available in various sizes and diverse ranges has helped the market hold on to its steady growth as well.
A recent study by the National Hospital for Tropical Diseases has revealed that hospital acquired infections are more prevalent in low and middle-income nations. According to organization, emerging nations showed high prevalence of hospital acquired infections compared to the US and a few of the developed countries across Europe. Because adoption of preventive methods such as using surgical drapes can help reduce the prevalence of HAIs, their demand has been rising at a steady pace over the years. Considering this, the use of surgical drapes has increased significantly during surgeries. As an outcome of these factors, the market is witnessing a significantly high demand for surgical drapes, a condition, which is unlikely to change in the coming years unless breakthroughs occur in the healthcare sector.
Increasing Number of Surgeries to Fuel Demand for Disposable Surgical Sterile Drapes
Over the years, the adoption of surgical drapes has increased in the Americas. The region witnesses a significantly high number of surgeries conducted in a given year as a result of the rising incidence of chronic ailments and other factors. Incise surgical drapes are mostly used during complex surgeries such as limb amputation due to diabetes, trauma, cardiac surgeries, or maxillofacial surgeries. Against this backdrop, experts have identified the market’s potential to keep exhibiting positive trajectory through the course of the forecast period. “To the market’s advantage, government initiatives aimed at spreading awareness regarding HAI’s will lead to the increased adoption of disposable surgical sterile drapes,” said a lead TMR analyst. Given the scenario, the global surgical drapes market is expected to remain steady through the course of the forecast period.
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This review is based on a TMR report, titled “Surgical drapes Market (Types – Incise, Sheets, Laparoscopy, Lithotomy, Laparotomy, and Leggings; Usability – Disposable and Reusable; Material – Nonwoven and Woven; End user – Hospitals, Specialty Clinics, Ambulatory Surgical Centers, and Nursing Homes) – Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2016 – 2024.”
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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