Global Medical Nonwoven Disposables Market Till 2020 - New Study By Grand View Research, Inc

Ahmednagar, India
March 19, 2015 2:59am CST
Global medical nonwoven disposables market is expected to reach USD 10.05 billion by 2020, according to a new study by Grand View Research, Inc. 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 nonwoven in government hospitals are some factors expected to drive the medical nonwoven disposables market growth during the forecast period. 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 7.0% 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. View summary of this report, click the link below:
Global medical nonwoven disposables market to reach $10.05 billion in 2020 from $5.98 billion in 2013, expected to register growth at CAGR of 7.7% from 2014 to 2020
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