The global Back Table and Cart Covers market gathered revenue around USD 180 Million in 2020 and market is set to grow USD 990 Million by the end of 2027 and is estimated to expand at a modest CAGR of 3.7% during the prediction period 2021 to 2027.
Growth Factors:
The global back table and cart covers market is driven by a rise in the prevalence of hospital-acquired infections and increasing number of surgical procedures across the globe.
Back table & cart covers are generally made of nonwoven material, which is composed of synthetic and natural materials such as polyester, polypropylene, and polyethylene. Back table and cart covers protect patients, doctors, and other medical staff from surgical site infections (SSIs) and hospital-acquired infections (HAIs).There are two type of back table and cart covers available in the market, i.e. disposable covers and reusable covers.
This comprehensive business study focuses on the historical, current, as well as future of the market, by providing an in-depth overview of the back table and cart covers market, based on key aspects and parameters.
The report also discusses the research methodologies adopted to evaluate the market numbers, which lead to estimate the size of the back table and cart covers market for the period of 2021-2027. In addition to this, the study consists of relevant charts and tables that help stakeholders in the back table and cart covers market gain an incisive outlook on the growth of the landscape.
The statistical business research report assesses, at length, the crucial drivers, opportunities, restraints, and threats that hold the potential to create an impact on the growth of the back table and cart covers market during the forecast period. The research report also consists of rare and distinguished insights enumerated for stakeholders operating in the market, in order to help them gain an upper hand in the back table and cart covers market.Numerous trends that account for the growth of the back table and cart covers market are discussed at length in this comprehensive research report.In addition to this, the comprehensive research report discusses the recent developments found in the back table and cart covers market.
This detailed study finds important factors that can help market players gain an understanding of the challenges present in the back table and cart covers market during the forecast period of 2021-2027.This comprehensive research report analyzes the threat arising from new market entrants, substitutes of products, and bargaining power of buyers and suppliers. The degree of competition is presented in the back table and cart covers market report by studying the financials of the market players, their strategies, and recent developments.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Back Table and Cart Covers market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Back Table and Cart Covers market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
Report Coverage
Report Scope | Details |
Market Size | USD 990 Million by 2027 |
Growth Rate | CAGR of 3.7% From 2021 to 2027 |
Base Year | 2020 |
Forecast Period | 2021 to 2027 |
Historic Data | 2017 to 2020 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | Product, Usage, End User and Region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned | 3M, Cardinal Health, Medline Industries, Inc., Halyard Health, SW Med-Source, David Scott Company, Lac-Mac Limited, TIDI Products, LLC (RoundTable Healthcare Partners), and Ansell Healthcare LLC.. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Back Table and Cart Covers market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Regional analysis:
In terms of region, the global back table and cart covers market has been segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
North America
North America accounted for a prominent share of the global back table and cart covers market in 2018. The back table and cart covers market in North America is projected to be primarily driven by the rise in the incidence rates of major chronic disorders, increase in the number of surgical procedures, rapid rise in the geriatric population, and favorable medical reimbursement policies.
Increase in research and development activities to develop new back table & cart covers and technological advancements are likely to drive the back table and cart covers market in North America during the forecast period.
Europe
Europe dominates the global back table and cart covers due to the high prevalence of hospital-acquired infections such as urinary tract infection, pneumonia, and others. Additionally, the focus of major market players on the launch of new back table and cart covers for the prevention of HAIs, and the early availability of new products fuel the back table and cart covers market in Europe.
Germany is likely to maintain its dominant position in the back table and cart covers market in Europe during the forecast period, owing to an increase in the number of hospitals and rising number of surgical procedures in the country. According to the Organisation for Economic Co-operation and Development (OECD), there are around 2,000 registered hospitals in Germany.
Asia Pacific
The back table and cart covers market in Asia Pacific is projected to expand at a high CAGR during the forecast period. The presence of a large patient pool of nosocomial infections and rising number of surgical procedures in countries such as India and China are anticipated to propel the back table and cart covers market in the near future.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Back Table and Cart Covers Market include: 3M, Cardinal Health, Medline Industries, Inc., Halyard Health, SW Med-Source, David Scott Company, Lac-Mac Limited, TIDI Products, LLC (RoundTable Healthcare Partners), and Ansell Healthcare LLC.
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
Market: Segmentation
Back Table and Cart Covers Market by Product
Back Table and Cart Covers Market by Usage
Back Table and Cart Covers Market by End User
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Back Table and Cart Covers market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Back Table and Cart Covers market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Back Table and Cart Covers markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Back Table and Cart Covers Market Study: