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02-May-2024

Exploring Surgical Drapes Market : Projected to Surpass USD 2.1 Billion by 2032 ; Driven by Advancements in Manufacturing of Surgical Drapes

Allied Market Research published a report, titled, Surgical Drapes Marketby Type (Reusable, Disposable), by Risk Type (Moderate (AAMI Level 3), High (AAMI Level 4), Others), by End User (Hospitals, Ambulatory Surgical Centers, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032. According to the report, the global surgical drapes market valued for $1.5 billion in 2022 and is estimated to reach $2.1 billion by 2032, exhibiting a CAGR of 3.6% from 2023 to 2032.

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What is boosting surgical drapes market ? 

The global surgical drapes market is being propelled by increased R&D activities, a growing prevalence of chronic conditions necessitating surgical procedures, and heightened awareness of using surgical drapes to reduce contamination risks. However, stringent regulatory demands pose a hindrance to market expansion. Conversely, the expanding healthcare sector is anticipated to present promising prospects for the surgical drapes market in the forecast period.

Economic Downturn Analysis: Impact of Recession in 2023 on the Surgical Drapes Market 

  • An economic recession can profoundly affect the healthcare sector, including the market for surgical drapes. Financial constraints on medical supplies companies may lead to disrupted supply chains, affecting the availability of vital raw materials used in manufacturing surgical drapes.
  • Nonetheless, the increasing prevalence of chronic diseases and the rising demand for surgical interventions as part of treatment are anticipated to fuel market growth.

Recent Product Launch in the Surgical Drapes Market 

In March 2022, Cardinal Health, a global manufacturer and distributor of medical and laboratory products announced the launch of the first surgical incise drape using industry-leading antiseptic Chlorhexidine Gluconate (CHG).

 

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Surgical Drapes Market Segmentation

By Type
Reusable
Disposable

By Risk Type
Others
Moderate (AAMI Level 3)
High (AAMI Level 4)

By End User
Hospitals
Ambulatory Surgical Centers
Others

By Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, India, Australia, South Korea, Rest of Asia-Pacific)
LAMEA (Brazil, South Africa,, Saudi Arabia, Rest of LAMEA)

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the surgical drapes market analysis from 2022 to 2032 to identify the prevailing surgical drapes market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the surgical drapes market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global surgical drapes market trends, key players, market segments, application areas, and market growth strategies.

 

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Key findings of the study 

  • On the basis of type, disposable segment dominated the market in terms of revenue in 2022 and is expected to grow at the fastest CAGR during the forecast period.
  • On the basis of risk type, moderate (AAMI Level 3) segment dominated the market in terms of revenue in 2022. However, the high (AAMI Level 4) segment is anticipated to grow at the fastest CAGR during the forecast period.
  • On the basis of end user, the hospital segment dominated the market in terms of revenue in 2022. However, the others segment is anticipated to grow at the fastest CAGR during the forecast period.
  • Region wise, North America generated the largest revenue in 2022. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

Leading Market Players: – 

  • 3M Company
  • Cardinal Health
  • Molnlycke Health Care AB
  • Paul Hartmann AG
  • Narang Medical Limited
  • Standard Textile Co., Inc.
  • Delta Med SpA
  • Medline Industries Inc.
  • Medica Europe BV
  • Priontex

 

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We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

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Last Updated: 02-May-2024