Global Medical Nonwovens Market is Poised to grow at 9.3% till 2024

According to Data Bridge Market Research new Market report “Global Medical Nonwovens Market, By Type (Spunbond, Meltblown, Drylaid, SMS, Wetlaid), By Product Type (Hygiene (Incontinence Pads, Ostomy Liners, Disposable Underwear, CSR Wraps, Disposable Medical Wipes, Diapers), Apparel (Surgical Masks, Surgical Packs, Surgical Drapes and Gowns, Surgical Caps, Wound Care), By Usability (Reusable, Disposable), By End-User (Hospitals, Clinics, Home Healthcare, Ambulatory Surgical Centers, Laboratories), By Distribution Channel (Direct Tenders, Retail), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024”, is estimated at USD 5.96 billion in 2016 and is projected to reach USD 12.03 billion by 2024, at a CAGR of 9.3% during the forecast period from 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Access Full Report: http://databridgemarketresearch.com/reports/global-medical-nonwovens-market-industry-trends-forecast-2024/Medical Nonwovens Market Market SegmentationThe continuing replacement of reusable medical fabrics by disposable, nonwovens-based fabrics in U.S. and Europe is expected to drive the market for medical nonwovens market. The increasing responsibility of hospitals and institutions for hospital-acquired infections is expected to drive the growth for this market. Other driving factor for this market is increasing emphasis on cost control for healthcare, the increasing demand for modernized healthcare in the emerging economies among others. The APAC region is growing at a significant rate in the forecast period 2017 to 2024 owing to factors such as increased healthcare governance in countries such as China and India, also increasing awareness of hygiene and infection control in these regions.

Medical Nonwovens Market - Market Segmentation:

The global medical nonwovens market is segmented on the basis of type, product type, usability, end-user, distribution channel and geography.

On the basis of type the medical nonwovens market is segmented into spunbond, meltblown, wetlaid, drylaid and SMS (Spun-Melt-Spun).

Based on product type the market is further segmented into hygiene and apparel. The hygiene market segment is sub-segment into incontinence pads, ostomy liners, disposable underwear, CSR wraps, disposable medical wipes, diapers and others. The apparel sub segment is further classified on the basis of product type into surgical masks, surgical packs, surgical drapes and gowns, surgical caps, wound care and others.

On the basis of end users the global medical nonwovens market is segmented into hospitals, clinics, ambulatory surgical centers, laboratory, home healthcare, and others. The hospitals segment is expected to dominate the market in 2017 and is expected to grow at the highest CAGR of 9.3% in the forecast period. The high growth rate of hospitals segment is owing to increasing need for safety against hospital borne infections which generally causes fatal comorbidities.

Medical Nonwovens Market - Geographical Segmentation

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. In 2017, North America is expected to dominate the medical nonwovens market with 41.1% market share followed by Europe and APAC. However the APAC region is expected to grow at the highest CAGR of 15.1% in the forecast period 2017 to 2024.

The global medical nonwovens market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes company share data for different geographies including Global, North America, Europe and APAC.

Medical Nonwovens Market - Competitive Landscape:

Some of the major players operating in this market are Kimberly-Clarke Corporation, Avintiv Inc., Halyard Health, Inc., Freudenberg Performance Materials, Advanced Fabrics (SAAF), Biovation LLC, Intco Medical, Ahlstrom Corporation, Ansell Healthcare, Asahi Kasei Corporation, B. Braun Melsungen AG, Medtronic, Cypress Medical Products, Dynarex Corporation, Georgia-Pacific, Hogy Medical, Molnlycke Health Care AB, Paul Hartmann AG, Precision Fabrics Group, Inc., Domtar Corporation, Cardinal Health, UniCharm Corporation, Kraton Performance Polymers Inc., and Wonderful Nonwoven Company among others.

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