Title: Medical Nonwoven Disposables Market share to surpass $12.5bn by 2024
1Medical Nonwoven Disposables Market 7 CAGR from
2016 to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Medical Nonwoven Disposables
Market
- Global Market Insights, Inc., Medical Nonwoven
Disposables Market size is set to exceed USD 12.5
billion by 2024. - Increasing number of baby boomers highly
susceptible to suffer from incontinence condition
will serve as high impact rendering factor for
the medical nonwoven disposables market growth. - Rising incidences of hospital acquired infections
has escalated demand for medical nonwoven
disposables. The need for maintaining sterile
environment during the surgical procedure to
prevent bacterial infection at the surgical site
will stimulate industry growth over the forecast
timeframe. - Growing number of surgical procedures along with
rising number of people suffering from
incontinence condition will act as driving factor
for medical nonwoven disposables market. - Technological advancements such as development of
biodegradable adult diapers and gender specific
diapers designed to deliver patient comfort will
stimulate medical nonwoven disposables demand.
3Continued...
- Disposable nonwoven medical supplies held largest
revenue share in 2016 and envisaged to grow over
6 CAGR throughout the forecast period. - U.S. medical nonwoven disposables market was
valued over USD 2 billion in 2016. - Germany medical nonwoven disposables market will
witness significant growth owing to rising number
of diabetic patients, growing healthcare spending
and rapid technological advancements. Increased
adoption of incontinence pads will fuel market
growth. - China should witness considerable growth in terms
of revenue over the forecast period due to the
growing incidence of incontinence, large
unaddressed diabetic population and improved
disposable income levels attributed to its rapid
economic growth. - Some of the notable companies operating in
medical nonwoven disposables market are Covidien,
Kimberly-Clark Corporation, Medline Industries,
Domtar Corporation, and Polymer Group.
4China Medical Nonwoven Disposables Market, By
Product, 2013 - 2024 (USD Million)
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6360 Analysis
- Product Analysis
- The ostomy liners and incontinence pads market is
anticipated to witness significant growth over
the forecast period due to increasing number of
baby boomers and rising patient population
suffering from incontinence disorder. Favorable
government initiatives to escalate adoption of
medical nonwoven disposables will favour industry
growth. - Regional Analysis
- U.S. dominated medical nonwoven disposables
market in 2016. The increasing elderly population
along with rising number of incontinency patients
will drive the market in U.S. According to data
published in 2016 by the U.S. National Institutes
of Health, around 15 of total U.S. women
population suffer from overactive bladder and
around 10 are on urge of suffering from urine
incontinence. - Competitive Market Share
- Some of the major players in global medical
nonwoven disposables market are Covidien, First
Quality Enterprises, Medline Industries, Ahlstrom
Corporation, Kimberly-Clark Corporation
strategically investing in RD for developing
advanced medical nonwoven products such as
thinner adult pads with high absorbency to gain
competitive edge.
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