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Medical Nonwoven Disposables Market share to surpass $12.5bn by 2024

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Presentation on theme: "Medical Nonwoven Disposables Market share to surpass $12.5bn by 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Medical Nonwoven Disposables Market 7% CAGR from 2016 to 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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. Key Insights from Medical Nonwoven Disposables Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com China Medical Nonwoven Disposables Market, By Product, 2013 - 2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Medical Nonwoven Disposables Market @ http://bit.ly/2f8KzTuhttp://bit.ly/2f8KzTu Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/805 https://www.gminsights.com/request-sample/detail/805 https://www.gminsights.com/request-sample/detail/49

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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 R&D for developing advanced medical nonwoven products such as thinner adult pads with high absorbency to gain competitive edge. 360° Analysis

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