PUBLISHER: Grand View Research | PRODUCT CODE: 1362978
PUBLISHER: Grand View Research | PRODUCT CODE: 1362978
The global medical nonwoven disposables market size is expected to reach USD 61.3 billion by 2030, registering a CAGR of 13.2% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Increasing prevalence of Hospital-Acquired Infections (HAIs) and other infections such as hepatitis and AIDS, and the introduction of favorable initiatives and reforms promoting the use of nonwoven in government hospitals are some factors expected to drive the medical nonwoven disposables market growth during the forecast period. The 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 factors 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 7.0% during the forecast period. The lucrative 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.