Global Medical Nonwoven Disposables Markets - Outlook to 2025: Market to Exceed $14 Billion by 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 18, 2018--The “Medical Nonwoven Disposables Market by Product (Incontinence Product and Surgical Nonwoven Product - Global Opportunity Analysis and Industry Forecast, 2017-2025” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the market was valued at $ 7,910 million in 2017, and is projected to reach $14,134 million by 2025, growing at a CAGR of 7.4% from 2018 to 2025. The surgical product segment accounted for more than half of the total market share in 2017.
Developments in nonwovens production technology, rise in focus toward preventing hospital acquired infections (HAIs), high-quality fabrics for safety purposes provided by non-woven material drive the market growth. Moreover, significant increase in geriatric population, government regulation toward health and hygiene, and rise in health awareness further boost the market growth.
However, concerns regarding the disposable of nonwoven products and the increase in popularity of less-invasive surgeries are anticipated to hamper the market growth. On the contrary, technological innovations in nanotechnology and its increased use in medical nonwoven disposables production along with the growth in demand for single use of non-woven products is predicted to create lucrative opportunities in the near future.
The surgical product segment generated the highest revenue in 2017, and is expected to maintain this dominance throughout the forecast period. This is attributed to the increased use of surgical products in hospitals, clinics, and other medical services to inhibit contaminations and avoid infection transmissions.
However, the incontinence segment is expected to register the highest growth rate during the forecast period, owing to rise in demand for disposables incontinence products such as disposable underwear, panty shield, cotton pad, and others.
Key FindingsThe surgical product segment accounted for maximum revenue in 2017, and is anticipated to maintain this trend throughout the forecast period. The disposable diaper segment dominated the incontinence products market in 2017 and is expected to maintain this trend during the forecast period. The surgical drape segment dominated the surgical nonwoven products in 2017 and is anticipated to remain the same during the forecast period. North America dominated the global medical nonwoven market, accounting for maximum share in 2017, and is expected to retain the same trend during the forecast period. Asia-Pacific is the fastest growing region in the medical nonwoven disposable products in 2017 and is anticipated to show tremendous growth during the forecast period.
Companies ProfiledAhlstrom-Munksjo Asahi Kasei Corporation Berry Global Inc. Cardinal Health, Inc. Domtar Corporation First Quality Enterprises, Inc. Freudenberg & Co. KG Georgia-Pacific LLC Kimberly-Clark Corporation Unicharm Corporation
For more information about this report visit https://www.researchandmarkets.com/research/sbk7zl/global_medical?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180918006036/en/
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Related Topics:Personal Care Products ,Hospital Disposables
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 09/18/2018 03:02 PM/DISC: 09/18/2018 03:02 PM