Medical Nonwoven Disposables Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The medical nonwoven disposables market studied is anticipated to witness a CAGR of nearly 5.2% during the forecast period.
· Certain factors that are driving the market growth include increasing global geriatric population, rising cases of hospital-acquired infections, and technological integration.
· The rise in the elderly population has led to the growth in demand for various medical disposables. As per the revised World Population Prospects, by the United Nations, the number of people aged 60 or above is expected to grow greater than double by 2050, i.e., from 962 million in 2017 to 2.1 billion in 2050, globally.
In addition, hospital-acquired infections are usually caused by pathogens, which spread at a very fast rate in the body. Due to the patients’ weak immune system and poor conditions in a hospital, the infections spread at a greater speed than the normal infections. These infections are treated by taking antibiotics, by following a proper and healthy diet, and by encouraging the natural healing process.
The infection can be prevented by keeping the hospital facility premises clean. The most common type of hospital-acquired infection is a urinary tract infection. The increase in incidences of different types of hospital-acquired infections, innovative technologies implemented in devices that control infection, and awareness regarding the use of medical disposables are some of the factors that are driving the growth of this market.
Key Market TrendsIncontinence Products Hold Significant Share in the Global Medical Nonwoven Disposables MarketExcretions by the kidney, in urine form, may vary drastically, and cause variations in the urinary pH and composition, leading to urinary incontinence (UI) problems.
Adult diapers are significantly necessary in cases that involve mobility impairment, severe diarrhea, or dementia.
Decreased renal function, primarily age-related, is one of the major indicators of chronic diseases. This may be accelerated due to several other chronic diseases, such as hypertension, diabetes, and obesity, among other diseases, often leading to different stages of kidney diseases. These diseases are health burdens globally, with high economic costs to healthcare systems.
The recently published research data by the World Health Organization (WHO) validates the huge demand for incontinence products. As per the WHO’s Integrated Care for Older People (ICOPE) Guidelines and specific population-based studies released in 2017, the global prevalence of UI was observed to be in the range of 8.9%-36.1%, in different patient pools.
It is known that while UI may happen to anyone, it is more common in older people. The United States Census Bureau states that even though working-age population (20-64) holds the largest share, however, the global population of the 65-79 age group is expected to reach 1,566 million in 2050 from 617 million in 2015; whereas the octagenarian population is also projected to grow significantly by 2050.
North America Dominates the Global Medical Nonwoven Disposables MarketAccording to the Centers for Disease Control and Prevention (CDC), even though significant progress has been made in stopping some healthcare-associated infection types from spreading, there is still much more work to be done. On any given day, in the United States, around one in 31 hospital patients has at least one healthcare-associated infection. North America, especially the United States and Canada, has made significant progress toward the collective goal of abolishing these HAIs, and as a result, healthcare in this region has become safer now than it was even 10 years ago.
In addition, incontinence is a prevalent health condition across the region, with a significant proportion of the population suffering from the same. However, it is rarely discussed, as in most of the cases, people are embarrassed to do so. Urinary incontinence is primarily associated with aging, affecting up to one-third of elderly people. All of these factors are driving the market growth.
Competitive LandscapeThe medical nonwoven disposables market is competitive and consists of a few major players. Companies, like Ahlstrom-Munksjo, Asahi Kasei Corporation, Berry Global Inc., Cardinal Health Inc., First Quality Enterprises Inc., Freudenberg & Co. KG, Georgia-Pacific LLC, Kimberly-Clark Corporation, and Unicharm Corporation, among others, hold a substantial market share in the market.
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