The global Medical Nonwoven Disposables market gathered revenue around USD 19.71 billion in 2021 and market is set to grow USD 29.06 billion by the end of 2030 and is estimated to expand at a modest CAGR of 4.4% during the prediction period 2022 to 2030.
Growth Factors:
The medical nonwoven disposables market is predicted to experience noticeable growth opportunities in the upcoming years. This increasing market demand is on the back of rising requirements for nonwoven face masks and some other medical disposable products. Existing fear related to infectious diseases, for example, H1N1 and SARS continue to boost growth prospects in the market in the forthcoming years.
The healthcare providers are concentrating to fight against infection of coronavirus because the nonwovens are helpful to k9eep the costs at bay. In addition to this, the World Health Organization has also issued certain guidelines in order to create awareness among the users through the IPC (infection prevention and control) program. The motive of this awareness is to stimulate users in order to practice hygiene on a personal level. All these factors are likely to bring exponential growth in the market revenue in the upcoming years.
The nonwoven face masks and some other medical nonwoven disposable products have been used widely in nursing homes and hospitals during the coronavirus epidemic. Thus, owing to the rising prevalence of infectious diseases, the medical nonwoven disposables market has been estimated to experience significant expansion prospects in the market.
Nonwoven materials have been replacing the conventional reusable materials in drapes and gowns. The single-use materials serve as an economical solution to consumers and healthcare providers. Further, these materials are safe to dispose and easy to use.
Report Coverage
Report Scope | Details |
Market Size | USD 29.06 billion by 2030 |
Growth Rate | CAGR of 4.4% From 2022 to 2030 |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | Product, Material, End User, Region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned |
Domtar Corporation, Freudenberg & Co. KG, Medtronic Plc., Paul Hartmann AG, Medline Industries, Inc., Asahi Kasei Corporation, Essity AB, Mölnlycke Health Care, and Kimberly-Clark Corporation. |
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.
Medical Nonwoven Disposables 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.
Rising Initiatives With Environmental Friendly Approach Estimated to Boost Growth Opportunities in Medical Nonwoven Disposables Market
Spunlace material has been a novel introduction in the market of medical nonwoven disposables. The manufacturers from the market are growing their capabilities to produce greener wipes that are helpful to reduce the environmental footprint. However, the suppliers of the material are required to identify low-price and sustainable polymers. These polymers further help in the cost reduction of various end-use products. Therefore, the suppliers of the equipment in the medical nonwoven disposables market need to innovate with novel materials. Owing to these factors, the manufacturers are taking initiatives to develop sustainable and cost-effective products.
With the continuously increasing population across the globe, the key market players are scaling value-grab avenues by growing the production of the ‘sensitive’ products, for example, baby wipes. These players are also increasing their efforts for the marketing of these products on the ground of no alcohol, no fragrance, and also as hypoallergenic products. The companies are also focusing to develop lyocell-based nonwovens to address the demands of the consumers for environmentally sustainable products.
Rising Innovations in Novel Materials Projected to Boost Growth Prospects in Medical Nonwoven Disposables Market
There has been a noticeable increase in the consumption of nonwovens in medical applications. Along with gowns and drapes, the companies in the market have been gauging incremental avenues with the development of blood filters, sutures, and implantables from nonwovens. In addition to this, the companies in the market are also rising their effectiveness in meltdown, spunlaid, and drylaid nonwovens. Further, the market revenue of the medical nonwovens for the wound care applications has been predicted to grow at an extensive rate in the market during the forecast period. On the flip side, the rising prevalence of healthcare-associated infections has also been propelling growth opportunities in the medical nonwoven disposables market.
Region Insights
North America dominated the global medical nonwoven disposables market in 2020. The increased awareness regarding the hospital acquired infections among both the patients and the healthcare professionals has exponentially driven the demand for the various medical nonwoven disposable products in North America. Moreover, the presence of high geriatric population and the increased prevalence of urinary incontinence among them is augmenting the growth of the market. According to the Urology Care Foundation, around 33 million people in US are suffering from overactive bladder. According to the US Census Bureau, the 65 years and older population in US has grown by 34.2% in the past decade and by 3.2% from 2018 to 2019. Therefore, the rapidly growing geriatric population in US is expected to foster the demand for the medical nonwoven disposables in the upcoming years and hence, North America is expected to sustain is dominance in the market.
Asia Pacific is estimated to be the most opportunistic market during the forecast period. The rising birth rates in the region is expected to spur the demand for the disposable diapers. Moreover, the improving gender balance in the emerging nations like China and India is expected to fuel the demand for the female hygiene products. Furthermore, the geriatric population in Asia Pacific is expected to grow rapidly. According to the United Nations, 80% of the global geriatric population will be living in the low and middle income countries by 2050. Therefore, the rising population of the old age people is expected to drive the growth of the market.
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 Medical Nonwoven Disposables Market include:
· Kimberly-Clark Corporation
· Medline Industries, Inc.
· Mölnlycke Health Care
· Paul Hartmann AG
· Ahlstrom-Munksjö
· Medtronic plc
· Asahi Kasei Corporation
· Freudenberg & Co. KG
· Essity AB
· Domtar Corporation
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 2030 and covers subsequent region in its scope:
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Medical Nonwoven Disposables 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 Medical Nonwoven Disposables 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 Medical Nonwoven Disposables 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 Medical Nonwoven Disposables Market Study: