Allied Market Research published a report, titled, “Medical Nonwoven Disposables Market by Product (Incontinence Product and Surgical Nonwoven Product) – Global Opportunity Analysis and Industry Forecast, 2017–2025.” The report states that the global medical nonwoven disposables market generated $7.91 billion in 2017, and is expected to reach $14.13 billion by 2025, registering a CAGR of 7.4% from 2018 to 2025. The report offers a detailed analysis of changing market dynamics, key segments, competitive scenario, and geographies.
The report offers a detailed analysis of the key market players including Domtar Corporation, Cardinal Health, Kimberly-Clark Corporation, First Quality Enterprises, Inc., Berry Global Inc., Ahlstrom-Munksjo, Asahi Kasei Corporation, Georgia-Pacific LLC, UniCharm Corporation, and Freudenberg. They have adopted different strategies such as partnerships, mergers & acquisitions, expansions, collaborations, joint ventures, and others to gain stronghold of the industry.
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Medical nonwoven products are extensively used for providing appropriate protection owing to their ability to create barriers either from the structure of the nonwoven itself or from an additional active coating for personal protective apparel. In addition, medical nonwoven disposable are usually used in the amalgamated form and are sterile, antibacterial, liquid repellent, and liquid absorbent. The medical nonwoven disposables are commonly used in surgical processes, serving as a barrier to microorganisms and prevent cross contamination.
In addition, 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.
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Key Findings of the Medical Nonwoven Disposables Market:
- The incontinence product segment is expected to register the highest growth rate from 2018 to 2025.
- The 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.
North America contributed the largest revenue in 2017, owing to high demand for incontinence products, well-established healthcare infrastructure, and technological advancements for patient care. Asia-Pacific would witness the highest growth rate during the forecast period owing to rise in baby boomer population, increase in disposable income, and growth in patient awareness toward incontinence products.
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