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. A considerable demand for incontinence nonwoven disposable underwear is observed among the adult population suffering from incontinence.
The global Medical Nonwoven Disposables Market is a billion-dollar market and exhibits a significant growth rate.The market revenues would steadily increase over the next 4 to 5 years. The global market is expected to garner $10.6 Billion by 2020, registering a CAGR of 9.6% during the period 2015-2020.
The major factors that drive the growth of the medial nonwoven disposables market, globally, are the increasing count of aging population, improved healthcare infrastructure, rising per capita spending on healthcare, improving hygiene habits and favourable government regulations. North America holds the largest market for medical nonwoven disposables owing to high consumption rate of advanced medical products, and a comparatively higher level of consciousness for hygiene.
The report focuses on global medical nonwoven disposables market and its varied application in healthcare and personal hygiene (incontinence) sector. The report highlights numerous factors that influence the global medical nonwoven disposables market such as market forecast, trends, drivers, restraints, opportunities and role of different key players operating in the market. The report highlights the segments of incontinence products and surgical supplies products. The report excludes data on baby diapers and exclusively covers the market information of adult diapers.
Factors such as increasing aging population, easy availability of woven substitutes, prevalence of hospital acquired infections (HAIs), rising demand of healthcare facilities in developing economies, disposal of nonwovens and growing trend of less-invasive surgery are affecting the medical nonwovens disposables market. One may therefore conclude that these factors would collectively govern the efficiency and success of the medical nonwoven disposables market.
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Developing economies such as China and India provide a huge opportunity for the growth of the medical nonwoven disposables market. Increase in healthcare infrastructure in disposable income of people in such countries led to the increase in the demand for nonwoven disposables. In addition, the ongoing improvement of the health care infection prevention standards would further drive the growth of this market.
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
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.