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Asia-Pacific Medical Nonwoven Disposables Market is projected to achieve $3,376.6 million by 2020, at a growing CAGR of 11.3% by 2020

04-16-2019 03:01 PM CET | Health & Medicine

Press release from: Allied Market Research

Asia-Pacific Medical Nonwoven Disposables Market is projected

Asia-Pacific Medical Nonwoven Disposables Market Report, published by Allied Market Research, forecasts that the market is expected to garner $3,374.9 million by 2020, registering a CAGR of 12.1% from 2015-2020. In 2014, surgical nonwovens segment accounted for about half of the Asia-Pacific medical nonwoven disposables market, largely due to the growing awareness for the prevention of hospital-acquired infections (HAI) and rising demand for sophisticated medical services.

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Asia-Pacific constitutes one of the most lucrative markets for medical nonwoven disposables. Large geriatric population, growing demand for advanced healthcare facilities and rising health and hygiene awareness among patients is boosting the growth of the Asia-Pacific medical nonwoven disposables market. Medical nonwoven disposables are gaining popularity over woven products due to improved comfort, resistance to infections and economical nature. However, a growing number of minimally invasive surgeries with a lower requirement of surgical products and environmental issues related to the disposal of nonwoven disposable products are primarily restraining the growth of the market.

In Asia-Pacific, surgical nonwoven disposable would be the leading revenue generating segment over incontinence nonwoven disposable. This is due to the frequent usage of surgical nonwoven disposable in epidemic and pandemic outbreaks and mandatory application of surgical nonwoven disposables during surgical procedures.

Key Findings of Asia-Pacific Medical Nonwoven Disposables Market:
• The incontinence nonwovens segment would be the fastest growing segment in the Asia-Pacific market, primarily due to the increasing disposable income, rising prevalence of incontinence and increasing uptake of incontinence products
• China was the leading contributor in the Asia-Pacific medical nonwoven disposable market, with around 1/3rd share in 2014
• Disposable diapers segment is expected to garner about 50% share of Asia-Pacific Incontinence Nonwoven Disposables Market in 2020, due to the established market base and continued demand
• Disposable underwear segment would be the fastest growing segment within Asia-Pacific Incontinence Nonwoven Disposables Market at a CAGR of 14.9% over the forecast period.

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Leading companies are focusing on merger and acquisition, and product launch as their key development strategies in order to strengthen market share across the Asia-Pacific region. Key players profiled in the report include Kimberly-Clark Corporation, Polymer Group Inc., Medtronic Inc., Molnlycke Health Care AB, First Quality Enterprises Inc., Svenska Cellulosa Aktiebolaget, Ahlstrom, Domtar Corporation UniCharm Corporation, and Freudenberg Nonwovens.

3: Market Overview

3.1 Market Definition And Scope

3.2 Key Findings
3.2.1 Top Factors Impacting
3.2.2 Top Investment Pockets
3.2.3 Top Winning Strategies

3.3 Porters Five Forces Analysis
3.3.1 Lower Bargaining Power Of Suppliers
3.3.2 High Bargaining Power Of The Buyer
3.3.3 Less Threat Of Substitute
3.3.4 High Competitive Rivalry
3.3.5 High Threat Of New Entrants

3.4 Value Chain Analysis

3.5 Market Share Analysis,2014

3.6 Market Dynamics
3.6.1 Drivers Increasing Aging Population Efficiency In The Prevention Of Hospital-Acquired Infections (Hais). Advantages Over Woven Products Increased Chances Of Epidemic Or Pandemic Occurrences. Increasing Demand For Healthcare In Developing Economies.

3.6.2 Restraints Concerns Regarding Disposal Increasing Trend Of Non-Invasive And Robot-Assisted Surgeries

3.6.3 Opportunities Technology Integration High Opportunities In Developing Regions Collaboration Between Institutes And Companies

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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.

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