Medical Nonwoven Disposables Analysis
Rapid advancements in nonwoven production technologies are to blame for the medical nonwoven disposables market growth.
As specified by the medical nonwoven disposable demand analysis report, the current growth rate of the overall market has weakened by marginal points from that recorded in the previous years. As per the global market study on medical nonwoven disposable, the CAGR for the pre-pandemic years covering 2015 to 2021 was registered to be around 4.1%.
In the wake of the coronavirus outbreak, nonwoven face masks and other medical nonwoven disposable goods were widely utilised in hospitals and nursing homes.
The medical nonwoven disposables market is predicted to grow at a moderate CAGR of 3.5% during the forecast period covering 2022 to 2032. The medical nonwoven disposables market share is estimated to reach a value of nearly US$ 28.9 Billion by 2032 expanding from US$ 19.7 Billion in 2021.
As a result of the increased frequency of infectious disorders, the medical nonwoven disposables market analysis report by the Fact.Mr anticipates that the market for medical nonwoven disposables is likely to continue to rise during the post pandemic years.
What is the Future of Global Medical Nonwoven Disposables Market?
"Nonwovens assist to keep costs down, therefore fighting infection has become one of the top priorities for healthcare providers and the medical nonwoven disposables market players."
Owing to their capacity to give stronger protection against infections to both patients and medical practitioners, demand for medical nonwoven disposables is actually higher than traditional fabrics used in healthcare institutions. According to a study conducted by Moylan, disposable nonwoven goods were found to lower the infection rate by 2 to 3 times when compared to traditional textiles, which is predicted to have a significant impact on the medical disposables market.
The medical nonwoven disposables market share is growing because of an increased focus on minimising hospital-acquired infections (HAIs) across all regions. In today's hospitalised patients, HAIs are the primary cause of morbidity and mortality that has bolstered the medical nonwoven disposables adoption trends in the present healthcare sector.
According to the Centers for Disease Control and Prevention (CDC) in the United States (US), around 1.7 Million HAIs and 99,000 fatalities occur in the USA alone each year which has created a huge demand for medical nonwoven disposables. In addition, HAIs are currently the fifth-highest cause of death in acute care hospitals in other countries, augmenting the global medical nonwoven disposables market as well.
Furthermore, improvements in healthcare facilities and services in developing nations have contributed significantly to the growth of the medical nonwoven disposables market size. Also, an increase in disposable income increased health awareness, and a considerable increase in the senior population around the globe have all contributed to the increased sales of medical nonwoven disposables.
What are the Several Constraints Experienced for the Medical Nonwoven Disposables Market Growth?
During the projection period, however, the sufficient availability of new replacements such as reusable drapes, gowns, surgical masks, or even reusable undergarments, and panty shields is projected to stifle the medical nonwoven disposables market size expansion to some degree.
Also, because these reusable items can be machine washed and dried up several times, they are emerging as a more cost-effective alternative for consumers and are expected to hamper the medical nonwoven disposables market growth.
Other factors resulting from concerns over medical nonwoven product disposal, as well as its unsuitability during robotic-assisted procedures, are sighted to be some of the reasons limiting the global medical nonwoven disposable market growth.
Region-wise Outlook
What is the Performance of Medical Nonwoven Disposables Market in Different Geographical Regions?
In 2022, the North American geographical region had the largest share of the worldwide medical nonwoven disposables market, followed by other broad regions.
The increased demand for medical nonwoven disposables in the North American region can be ascribed to the prevalence of improved healthcare systems and facilities in emerging countries, as well as the highest level of disposable money and public health awareness.
The US is the global leader in the export and sales of medical nonwoven disposables, contributing to almost 35% of the total revenue generated. For the year 2022, the net worth of the US medical nonwoven disposables market is figured out to be around US$ 7.5 Billion.
As per the predictions, the total revenue generated in the USA out of the medical nonwoven disposables business can reach US$ 10.3 Billion by the end of the year 2032. Overall, the sales of medical nonwoven disposables in North America are the developing and advanced regions that are expected to skyrocket in the future years, with its highest CAGR of 3.3% during this forecast time frame.
What is the Medical Nonwoven Disposables Market Outlook for the Asia Pacific Region?
The medical nonwoven disposables market share is emerging to be the most profitable in the Asia Pacific region in recent years. Owing to the growing senior population base in China and Japan, it has turned out to be a primary element driving the regional medical nonwoven disposables industry forward.
China is the leading country in this part of the geography, with the current valuation of the medical nonwoven disposables market size at US$ 1.6 Billion in 2022. On the grounds of the country's significant senior population, this medical nonwoven disposables market survey predicts that the demand for adult diapers can overtake that of baby diapers in the coming days.
Additionally, increased patient people's awareness and an increase in the occurrence of hospital-acquired illnesses are predicted to improve medical nonwoven disposable market opportunities in other countries as well. Presently, in 2022, the medical nonwoven disposables market share of Japan and South Korea is estimated to be around US$ 1.4 Billion and US$ 900 Million, respectively.
Detailed Report by Fact.MR Analysis
Medical Nonwoven Disposables Analysis by Factmr
