The disposable surgical sheet market has been gaining traction owing to the increasing number of surgeries taking place globally. Disposable surgical sheets are sterilized and single-use non-woven fabrics used to cover patients and surgical sites during surgical procedures. The rising preference for disposable surgical products over reusable ones among hospitals and healthcare facilities to reduce the risks of infections is fueling the adoption of disposable surgical sheets. Additionally, the growing awareness about avoiding hospital-acquired infections is also propelling the demand for disposable surgical sheets across the world.
The Global Disposable Surgical Sheet Market is estimated to be valued at US$ 2.63 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the disposable surgical sheet market are Qrontech Co., Ltd. (Lukas), S. Will Industrial, Ltd., AIPTEK International, Inc., Hyundai MnSOFT, GoPro, Inc., Pittasoft Co., Ltd., DCS Systems Ltd. (RoadHawk U.K.), Garmin International, Inc., and Transcend Information, Inc. These players are focusing on new product launches, partnerships, and geographical expansion to strengthen their market presence. For instance, in 2022, Qrontech Co., Ltd launched antimicrobial treated surgical sheets to cater to the rising demand from hospitals during the COVID pandemic.
The growing investment by hospitals and healthcare facilities in developed economies to upgrade their infrastructure and adoption of advanced medical products is creating lucrative opportunities for players in the disposable surgical sheet market. Moreover, the increasing penetration of private insurance and rise in medical tourism in developing regions will further aid the expansion of the global disposable surgical sheet market during the forecast period.
The market is anticipated to witness high growth in North America during 2024-2030. This can be attributed to the presence of major players and well-established healthcare infrastructure in the region. Furthermore, the increasing healthcare spending and surge in surgical procedures are expected to drive the disposable surgical sheet market in North America.
Market Drivers
One of the key drivers for The Disposable Surgical Sheet Market is the rising number of surgeries taking place globally. According to the Organisation for Economic Co-operation and Development (OECD), over 230 million surgical procedures were performed in 2020 across the world. The increasing incidence of chronic and lifestyle diseases is leading to a rise in surgical interventions, thereby propelling the demand for disposable surgical sheets significantly.
Market Restraints
One of the major restraints for the disposable surgical sheet market is the price fluctuation of raw materials. The raw materials used for manufacturing disposable surgical sheets include non-woven fabrics, polyethylene, and other polymers. The prices of these raw materials experience fluctuations due to various factors such as supply issues, changes in crude oil prices, and trade barriers. Increased raw material costs leads to a rise in the overall production cost of disposable surgical sheets, which can act as a hindrance to market growth.
Segment Analysis
The disposable surgical sheet market is dominated by the non-woven sub segment. Non-woven disposable surgical sheets account for over 70% of the total market share as they are widely used in various surgeries due to their properties like fluid absorption, barrier protection and breathability. These sheets are made of polypropylene and polyethylene materials which make them cost effective compared to woven sheets and highly preferred by healthcare facilities with large patient volumes.
Global Analysis
The Asia Pacific region is projected to be the fastest growing as well as the dominating regional market for disposable surgical sheets during the forecast period. This is attributed to factors like rising healthcare expenditures, increasing incidents of surgeries and growing focus of international players to tap opportunities in emerging economies like China, India and Indonesia. The growing geriatric population suffering from chronic diseases is also propelling the demand for surgical procedures in countries like Japan and South Korea thereby driving the regional market growth.
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