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01-Mar-2023

Surgical Drapes Market is projected to increase at a CAGR of around 4.2% from 2023 to 2033

The Surgical Drapes Market revenues were estimated at US$ 1.4 Billion in 2022 and is anticipated to grow at a CAGR of 4.2% from 2023 to 2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 2.1 Billion. The market revenue through disposable surgical drapes is expected to grow at a CAGR of 4.8% from 2023 to 2033.

An increase in the occurrence of chronic diseases around the world is a key factor driving the market forward. According to the American Heart Association, by 2035, more than 130 million people, or 45.1% of the adult population in the United States, could be suffering from some type of CVD. According to the Centers for Disease Control and Prevention, around 655,000 Americans die each year from heart disease, accounting for one out of every four deaths.

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According to the CDC, 6 out of 10 persons in the United States suffer from a chronic disease, with 4 out of 10 having two or more chronic diseases. As a result of the rising patient pool, more surgeries and hospitalizations are performed, resulting in a higher demand for surgical drapes.

During the predicted period, the market in North America is expected to increase significantly. The well-developed infrastructure, rising surgical procedures, and an increase in surgical site infections are all contributing to market expansion.

According to the Journal of Infectious Disease Advisor, around 27 million surgical operations are conducted in the US each year, with up to 5% of these procedures resulting in surgical site infections. In addition, rising healthcare costs are a driving force for market expansion.

Competitive Landscape

The key players in the global Surgical Drapes market are 3M, Steris, Cardinal Health, Paul Hartmann AG, and Mölnlycke Health Care.

  • In July 2021, Thermo Fisher Scientific, a global leader in science services, entered into an alliance with Ortho Clinical Diagnostics to develop and distribute LabLink xL Quality Control Software and Thermo Scientific MAS Quality Standards which can be used with VITROS analyzers.
  • In July 2020, EDM Medical Solutions introduced CT scanner drapes, with the goal of decreasing infection spread in the medical setting.
  • In April 2020, Medline Europe issued its COVID-19 inventory update, stating that they are committed to maintaining the supply of PPE and other important medical apparel and supplies for its clients as much as possible, as well as ensuring that they are distributed fairly.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Surgical Drapes Market, presenting historical market data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

Market Segments Covered in Surgical Drapes Market Analysis

By Type:

  • Reusable
  • Disposable

By Risk Type:

  • Minimal (AAMI Level 1)
  • Low (AAMI Level 2)
  • Moderate (AAMI Level 3)
  • High (AAMI Level 4)

By End-Use:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Other End-uses

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Last Updated: 01-Mar-2023