Global Medical Nonwoven Disposable Market Outlook 2014 to 2024 - Industry Growth Analysis

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.

View the report @ http://www.transparencymarketresearch.com/medical-nonwoven-disposables.html

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.

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.

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.”

Get accurate market forecast and analysis on the Medical Nonwoven Disposables Market. Request a sample to stay abreast on the key trends impacting this market.

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

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

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

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.

US Office Contact

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

This release was published on openPR.