About Medical Pads
Medical pads are also known as sterile pads or compression pads. In the event of accidents and emergencies, medical pads are placed on the wound to bandage it. Medical pads are also used for dressing during surgical site infection and post-operative dressing. In addition, medical pads offer additional benefits such as fluid absorption, improve patient comfort, and are relatively inexpensive. Medical pads are one of the most economical solutions for wound management. Medical pads are available on the basis of different absorption capacities depending on the specific needs of the end-user. In addition, medical pads for dressing the surgical site during temporary surgical procedures are also indicated to protect against surgical site infection during surgery. The medical pads market is expected to grow exponentially over the forecast period due to the increased adoption and frequency of its use.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Medical Pads market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson (United States), 3M (United States), Medtronic (Ireland), Honeywell (United States), Smith & Nephew Healthcare Pvt. Ltd. (India), Asahi Kasei (Japan), Molnlycke Health Care (Sweden), DeRoyal Industries (United States), Mckesson Corporation (United States) and Cypress Medical (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Medical Pads market by Type (Woven, Non-Woven and Others), Application (Acute Wounds and Chronic Wounds) and Region.
On the basis of geography, the market of Medical Pads has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Usage, the sub-segment i.e. Reusable will boost the Medical Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Absorbent Pads will boost the Medical Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Gel will boost the Medical Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Clinics will boost the Medical Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing the Prevalence of Hospital-Acquired Infections (HAIs) and A Rise in the Number of Hospitals and Clinics Promote To Use These Medical Pads in Home for Dressing Purpose
Market Growth Drivers:
Number Of Accident and Emergency Cases Globally, Increase in Number of Surgeries and Growth in Chronic As Well As Acute Wound
Challenges:
Lack of Nurse As Well As Patient Education and The Availability of Substitutes
Restraints:
Variable Price of Raw Material and Growing Environmental Concern Regarding the Disposal of Medical Pads
Opportunities:
Rising Government Initiatives to Educate People and Growth in Advancement of Technology in the Healthcare Industry
Market Leaders and their expansionary development strategies
In August 2020, Royal Philips , a global leader in health technology, today announced that it has signed an agreement to acquire Intact Vascular, Inc., a U.S.-based developer of medical devices for minimally-invasive peripheral vascular procedures. The acquisition expand Philips to its image-guided therapy devices portfolio.
In January 2024, Soothe HealthcareParee Sanitary Pads, a homegrown brand by has expanded its premium product portfolio by foraying into the premium nights category with its latest offering Paree Super Nights. The brand recognizes modern Indian women’s needs and offers a solution for young urban women who struggle to rest well during their periods.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Medical Pads, Suppliers and Distributors of Medical Pads, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.