Medical nonwoven disposables market is expected to grow substantially over the next few years as the role of medical non-woven disposables increases and becomes critical in global healthcare industry. It prevents transmission of infections such as AIDS and hepatitis along with hospitals acquired infections (HAIs). Rising number of incontinent patients and growing awareness about hospital acquired infections is driving global medical nonwoven disposables market growth. Furthermore, high investment in technological innovations and R & D activities has resulted in the development of safe and enhanced products, thereby influencing global medical nonwoven disposables industry outlook. For instance, a UK based Bluestar Fibers Company Limited developed Super Absorbent Fiber (SAF) technology, which is used in the treatment of wounds with high seep such as chronic wounds & burns.
Medical nonwoven disposables market is mainly divided into two categories, namely, hygiene and medical supplies. Hygiene medical nonwoven disposables market revenue is anticipated to surpass USD 6.5 billion by 2024, owing to the development of cost effective products such as cheap nonwoven ostomy liners along with increasing demand for incontinence products for women & children. Furthermore, growing product awareness along with new product developments is expected to stimulate the demand for hygiene medical nonwoven disposables in the near future.
Europe Medical Nonwoven Disposable Market size, by Product, 2012- 2024 (USD Mn)
Asia Pacific medical nonwoven disposables market will exhibit fastest growth over the next few years, owing to growing older population, increase in hospital acquired infections, and enhanced healthcare facilities. Rising occurrence of bladder control problems in an aging population will benefit retail and institutional sales of nonwoven incontinence goods. Furthermore, high unmet needs along with the increasing number of tourism activities & enlightening regulations towards health and hygiene are anticipated to boost the regional growth. India, Japan, and China are expected to be the major revenue pockets.
Europe medical nonwoven disposables market is expected to witness a high growth over the coming years. Germany is expected to be a major regional revenue contributor. Top companies are eyeing Europe for innovative product launches in future, owing to its high aging population count.
North America medical nonwoven disposables industry size is expected to grow considerably over the next few years. Increasing popularity of therapeutic nonwoven disposables among clinicians along with stringent government regulations for securing health and maintaining hygiene in medical establishments are few of the factors expected to drive the regional growth. Furthermore, high popularity of incontinence products is expected to propel medical nonwoven disposables industry growth in the region. U.S. is expected to contribute significantly towards the regional share.
Many of the leading firms will try to increase their ROI through mergers & acquisitions and new product launches. Key medical nonwoven disposables market players include SCA Svenska Cellulosa Aktiebolaget, First Quality Enterprises Incorporation, Kimberly-Clark Corporation, Domtar Corporation, Covidien Plc, Polymer Group Incorporation, and Medline Industries Incorporation.
Written By : Sunil Hebbalkar