The medical nonwoven disposables market is segmented into incontinence and surgical products. The nonwoven disposable underwear and disposable diapers market segments would register a double digit CAGR during the forecast period.
Portland, OR -- (SBWIRE) -- 06/13/2017 -- Medical Nonwoven Disposables Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $10.6 Billion by 2020, registering a CAGR of 9.6% during the period 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 of incontinence nonwoven products would have the fastest growth during the forecast period due to rising population with incontinence, increased awareness for personal hygiene and rising per capita healthcare spending.
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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 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.
Key Findings of Medical Nonwoven Disposables Market:
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 Pacificmedical nonwoven disposables market
Germany, Franceand U.K. collectively accounted for over 50% of the Europemedical nonwoven disposables market
Freudenberg Nonwoven is a market leader in the medical nonwoven disposables market
Currently,North Americais the largest market for nonwoven medical disposable products; however, with growing medical tourism and increasing spending on sophisticated hospitality services,Asia Pacificwould marginally lead the 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.
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