Medical Nonwoven Disposables Market Scope
The medical nonwoven disposables market is expected to grow in the future due to rapid developments in nonwovens production technology and growth in focus toward preventing hospital-acquired infections (HAIs)Incontinence products represent the largest product category in the global medical nonwoven disposables market. An increase in the number of people affected by incontinence and improvement in healthcare infrastructure and services across developing countries driving the market growth. Lack of awareness about benefits offered by disposables particularly in infection control is also cited as a reason for the comparatively low sales of nonwovens.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Medline Industries, Inc. (United States), Kimberly-Clark Corporation (United States), Cardinal Health, Inc. (United States), Berry Global, Inc (United States), PFNonwovens (Czechia), Asahi Kasei Corporation (Japan), Ahlstrom-Munksjo Oyj (Finland), UniCharm (Japan), Georgia-Pacific (United States), Freudenberg Group (Germany), B.Braun (Germany), Cypressmed (United States), Dynarex (United States) and Halyard Health (United States) |
CAGR | 4.0% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Medical Nonwoven Disposables market throughout the predicted period.
Medline Industries, Inc. (United States), Kimberly-Clark Corporation (United States), Cardinal Health, Inc. (United States), Berry Global, Inc (United States), PFNonwovens (Czechia), Asahi Kasei Corporation (Japan), Ahlstrom-Munksjo Oyj (Finland), UniCharm (Japan), Georgia-Pacific (United States), Freudenberg Group (Germany), B.Braun (Germany), Cypressmed (United States), Dynarex (United States) and Halyard Health (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kraton (United States), Precision Fabrics (United States) and Hartmann (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Medical Nonwoven Disposables market by Type , by Application (Hospitals, Nursing Homes, Consumer & Home Healthcare, Clinics and Ambulatory Surgical Centers) and Region with country level break-up.
On the basis of geography, the market of Medical Nonwoven Disposables 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
On 24th February 2020, Supreme Nonwovens Group announced the acquisition of automotive interior trims and the NVH business of Futuris Automotive. Post-acquisition of Futuris' business, the company will have a second plant in Eastern Seaboard and employ 230 staff and workmen across its two manufacturing plants in Thailand, Supreme said in a release.
In May 2019, Domtar announced that its personal care division has launched incontinence products in North America. The product has a dry containment core to provide comfort to patients. Innovative product launches will help the company to gain a competitive advantage, thereby augmenting business revenue., and In Oct 2018, Unicharm launched products within its adult and baby care segments. The company has launched baby diapers that avoids leakage and are available in various sizes. This strategy was aimed at upgrading product pipeline that will enable company to garner higher market share.
Influencing Trend:
Increasing Government Initiatives to Promote the Use of Hygiene Products in Developing Economies
Market Growth Drivers:
Increasing Geriatric Population Globally and Rising Cases of Hospital-acquired Infections in the Asia-Pacific
Challenges:
Environmental Degradation resulting from the Disposal of Incontinence Products
Restraints:
Stringent Regulatory Guidelines and Standards Associated with Non-woven Fabrics and its Uses
Opportunities:
Growing Awareness amongst People regarding the Availability of Superior Quality Incontinence Products and Rising Awareness about Eco-Friendly Fabrics
Key Target Audience
Medical Nonwoven Disposables Manufacturers, Medical Nonwoven Disposables International Traders, Medical Nonwoven Disposables Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others