Medical Nonwovens Market Report Released
Hexa Reports has released the "Medical Nonwoven Disposables Market" research report, predicting that the market will reach $10.05 billion by the year 2020. Increasing prevalence of hospital acquired infections and other infections such as hepatitis and AIDS, and the introduction of favorable initiatives and reforms promoting the use of nonwovens in government hospitals are some factors expected to drive the medical nonwoven disposables market growth during the forecast period. According to the report, a rapidly growing geriatric population base is another high impact rendering driver for the medical nonwoven disposables market as aging is considered as one of the greatest risk factor for the development of incontinence. Furthermore, people of this age group are more likely to accept their symptoms and use incontinence products.
The hygiene products segment in the medical nonwoven disposables market is expected to grow at a lucrative rate of over 7% during the forecast period. The growth of this segment can be attributed to the growing prevalence of incontinence and the presence of high unmet medical needs pertaining to this segment.
Constantly improving patient awareness levels and the introduction of new and efficient products is expected to drive segment growth during the forecast period. Hygiene disposables are also expected to witness a growth in usage rates over the next six years, owing to the introduction of cost effective products such as cheap nonwoven ostomy liners.
Further key findings from the study suggest: