Surgical Drapes Market - Emerging Trends & Global Future Forecasts
Research Methodology Followed for This Study:
Top-down and bottom-up approaches were used to estimate and validate the size of the Surgical Drapes Market and to estimate the size of various other dependent submarkets. The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation—by type, usage pattern, end user, and region) through percentage splits from secondary and primary research.
The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained. Various secondary sources such as World Health Organization, National Institutes of Health, American Association of Textile Chemists and Colorists (AATCC), Association for the Advancement of Medical Instrumentation (AAMI), Association of periOperative Registered Nurses (AORN), Centers for Disease Control and Prevention (CDC), World Bank, and Centers for Disease Control and Prevention (CDC) have been used to identify and collect information useful for this extensive commercial study of the surgical drapes and gowns market.
Primary sources such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess prospects of the surgical drapes market.
Expected Revenue Growth:
The surgical drapes market is expected to reach USD 3.14 Billion by 2023 from USD 2.35 Billion in 2017, at a CAGR of 4.9%. The base year for this study is 2017 and the forecast period is 2018–2023.
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Growth Boosting Factors:
Factors such as the increasing number of surgeries and the growing incidence of hospital-acquired infections is driving the growth of this surgical gowns market.
Target Audience for this Report:
# Manufacturers and vendors of surgical drapes and gowns
# Research associations related to surgeries
# Various research and consulting firms
# Distributors of surgical drapes and gowns
# Government bodies
# Venture capitalists
In 2017, the hospitals segment accounted for the largest share of the market.
On the basis of end user, the surgical drapes market is categorized into hospitals, ambulatory surgical centers, and other end users. The hospitals segment accounted for the largest share of the global surgical drapes and gowns market in 2017. With a large number of surgeries performed in hospitals, there is a constant and high demand for surgical drapes and gowns in this end-user segment.
Geographical Growth Dynamics:
North America commanded the largest share of the market in 2017
Based on region, the surgical drapes market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America dominated the surgical drapes and gowns market in 2017. The large share of this segment can primarily be attributed to the increasing healthcare expenditure, increasing use of single-use surgical drapes and gowns, and the strong presence of industry players in this region.
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Global Leading Companies:
Some of the major players in the surgical gowns market are Cardinal Health (US), 3M (US), Thermo Fisher Scientific Inc. (US), Steris plc (US), Mölnlycke Health Care (Sweden), and Paul Hartmann AG (Germany).