$10 Billion Global Market for Surgical Drapes, Gowns, Gloves, Masks and Fluid Management Products Driven by Safety and Infection Control Initiatives
Market Growth Being Fueled by Rising Surgical Procedure Volumes, and Efforts to Increase Safety and Reduce Risk of Infection and Healthcare Costs, According to Life Science Intelligence
HUNTINGTON BEACH, Calif., June 11, 2015 /PRNewswire/ -- According to newly released analyses from Life Science Intelligence, the U.S., European, Asia-Pacific and rest-of-world (ROW) markets for surgical drapes, gowns, gloves, masks and fluid management products are forecasted to reach $11.3 billion in sales in 2020. These markets are being fueled by global trends in surgical procedure volumes, aggressive strategies by product suppliers to improve safety and limit the risk of infection, and ongoing efforts to reduce healthcare costs. Market headwinds include continued financial constraints on healthcare systems, and downward pricing pressures. The U.S. represents the largest market for these products, although countries in the Asia-Pacific and ROW regions are expected to generate the fastest growth rates through 2020, due to their large potential and presence of local manufacturers offering low-cost product lines.
According to this new report, trends in product utilization, such as double-gloving, will generate growth in the number of units sold each year, while the growing presence of local manufacturers who can compete on price will strain manufacturers' margins in some important regional markets. Other forces -- such as the role of the consumer market in Asia -- will also have important effects as well.
Leading suppliers covered in this new study, "Global Markets for Surgical Drapes, Gowns, Gloves, Masks and Fluid Management Products" include Cardinal, Medline, Molnlycke, HARTMANN, Lohmann & Rauscher, 3M, Halyard, Stryker, Johnson & Johnson, C.R. Bard, A Plus International, Acme Filter Mask, AERO Pro, AlphaProTec, AMSINO, Ansell, Applied Medical Resources, BAM Corporation, BEMIS, Busse Hospital Disposables, Changzhou Holymed Products, Cobes Industries, Covidien, Crosstex, Das Medical, DeRoyal, DUKAL, Exact Medical, Haixin Green Cross Medical Products, Honeywell, Karl Storz, Medtronic, Microtek Medical, Olympus, Shanghai Dasheng, Synergy Health, Teleflex, TIDI, Vortek Surgical and Zimmer, among others.
For additional details on this new study, visit here or contact LSI.
Contact:
Scott Pantel
[email protected]
714 847 3540
About Life Science Intelligence
Life Science Intelligence delivers high-quality global market intelligence products to medical technology executives, entrepreneurs, and investors. LSI provides custom research services, publishes global market reports and procedure volume databases, tracks emerging medtech companies, and hosts the annual Emerging Medical Technologies Summit.
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SOURCE Life Science Intelligence
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