Market Drivers: Global Medical Nonwovens Market
The major factors driving the growth of this market are the Growing geriatric population and chronic diseases, rising cost of healthcare, increasing hospital acquired infection (HAI) is favouring the market and Technological Advancements.
Global Medical Nonwovens Market is expected to reach USD 9,523.9 billion by 2024 from USD 5,967.0 billion in 2016, at a CAGR of 6.0% in the forecast by 2024.The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast by 2024.
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Market Segmentation: Global Medical Nonwovens Market
Global Medical Nonwovens Market,
- Drylaid, SMS,
- Incontinence Pads,
- Ostomy Liners,
- Disposable Underwear,
- CSR Wraps,
- Disposable Medical Wipes,
- Surgical Masks,
- Surgical Packs,
- Surgical Drapes and Gowns,
- Surgical Caps,
- Wound Care
- Home Healthcare,
- Ambulatory Surgical Centers,
- Distribution Channel
- Direct Tenders,
- North America,
- South America,
- Middle East and Africa
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Growing Geriatric Population and Chronic Diseases : Global Medical Nonwovens Market
Globally the pool for aging population is increasing significantly. As the numbers of geriatric individuals are increasing, the requirement of public health systems and on medical and social services is also increasing. There has also been gradual demographic transition from patterns of high fertility and mortality to low fertility and delayed mortality rates. As a result of such demographic transitions, the shape of global age distribution is changing. Growth is being affected by demographics, as well as three important health conditions: obesity, diabetes and aging population.
Technologically Developments of Medical Nonwovens : Global Medical Nonwovens Market
Medical nonwoven products remain the part of option for providing protection due to their structure or an active additional coating for personal protective apparel. Nanotechnology has been a technology on the field of view and it has made a positive impact in the field of nonwovens. Many manufacturing companies have considered creating nano-fibres which leads the product with more surface area, increase in overall density of a nonwoven product without adding any extra raw material or adding additional weight. This industry has seen some advancement in the field of technology.
Increasing Number of Ostomates : Global Medical Nonwovens Market
Ostomy surgeries have been traditionally associated with rates of morbidity and mortality. Approximately 100,000 people in the United States undergo operations in a colostomy or ileostomy each year. This totally drives the market for ostomy liners. There are several advantages of using ostomy liners like they are very much cost effective, clean up as it can be discarded it into the toilet, they are very much flexible and they are also light weight
Rising Cost of Healthcare : Global Medical Nonwovens Market
In healthcare, there are two main models: ‘fee for service’ and ‘fee for performance’. Fee for service is the payment based on the quantity of services and fee for performance is payment based on results. Under these two models higher performing and higher cost materials, which one will provide better results and faster results would be profitable for the company. These things can only be met through the use of better materials. For example, higher performance spunlaid nonwovens or replacing fluff pulp wadding with lighter weight, higher absorbency airlaid nonwovens and cotton swabs and pads with lighter weight nonwoven swabs and pads can help improve and grow performance and cost. Medical products producers are now accepting the changing payment model paradigm and are moving towards higher performance products today.
Increasing Hospital Acquired Infection (HAI) is Favouring the Market : Global Medical Nonwovens Market
Increasing number of hospital acquired infections, constantly leading to the usage of nonwovens products such as incontinence pads, and disposable underwears. There has been constant increase in responsibility of hospitals and institutions for hospital acquired infections. Institutions are now looking at nonwovens as a preventative measures and are often involved as a solutions for example WHO has recommended use of disposable personal protective materials that is apron, mask, gown, cap, gloves etc in its practical guidelines for infection control in health care facilities. Isolation gowns, drapes and linens are seen as to reduce the rate of HAIs.
Some of the major players operating in medical nonwovens market are :
- KCWW, Avintiv
- Halyard Health, Inc.
- Freudenberg Performance Materials
- Advanced Fabrics (SAAF)
- Biovation LLC
- Intco Medical
- Ahlstrom Corporation
- Ansell Healthcare
- Asahi Kasei Corporation
- Braun Melsungen AG
- Cypress Medical Products
- Dynarex Corporation
- Hogy Medical
- Molnlycke Health Care AB
- Paul Hartmann AG
- Precision Fabrics Group, Inc.
- Domtar Corporation
- Cardinal Health
- UniCharm Corporation
- Kraton Performance Polymers Inc.
- Medline Industries, Inc.
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|Global Medical Nonwovens Market|