Disposable Surgical Sheet Market is Estimated to Witness High Growth Owing to Opportunity of Infection Control
Disposable Surgical Sheet Market is Estimated to Witness High Growth Owing to Opportunity of Infection Control
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 2031, as highlighted in a new report published by Coherent Market Insights.

Disposable surgical sheets are sterile sheets mainly used during surgical procedures to provide a protective barrier between the patient and surgical equipment and to maintain sterility and prevent infections. These sheets are disposable and made up of non-woven fabrics such as polypropylene. Disposable surgical sheets offer advantages like prevention of surgical site infections, easy disposal, and cost-effectiveness. With rising number of surgeries and focus on infection control, demand for such disposable barriers is growing.

 

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 2031, as highlighted in a new report published by Coherent Market Insights.

 

Market Opportunity:

Growing prevalence of hospital-acquired infections presents a major market opportunity. Surgical site infections are among the most common and costly of hospital-acquired infections. According to the World Health Organization, over 1 million people acquire health care associated infections worldwide at any given time. Disposable surgical sheets play a critical role in preventing surgical site infections as they act as a protective barrier. With growing focus on infection control in healthcare settings, demand for such disposable barriers is expected to significantly rise, providing a lucrative opportunity for disposable surgical sheet manufacturers.

 

Porter's Analysis

 

Threat of new entrants: The disposable surgical sheet market is difficult to enter as it requires large investments and technical expertise. Proper certifications are also required.

 

Bargaining power of buyers: Buyers have moderate bargaining power since disposable surgical sheet market has many national and international players offering variety of products. However, switching cost is low.

 

Bargaining power of suppliers: Suppliers have low to moderate bargaining power as raw materials for disposable surgical sheets such as polymers are commoditized and available from many suppliers globally.

 

Threat of new substitutes: Threat of new substitutes is low as there are limited alternatives to disposable surgical sheets used in medical procedures.

 

Competitive rivalry: Market is highly competitive with presence of many national and international players. Companies compete on quality, design, price and service.

 

SWOT Analysis

 

Strength: Disposable surgical sheets are cost effective, hygienic and eco friendly. They reduce risk of infections.

 

Weakness: Low brand loyalty, vulnerable to price fluctuations of raw materials. Dependence on regulations for product approvals.

 

Opportunity: Growing geriatric population and surgeries. Demand in emerging countries with rising healthcare spending. New product innovations catering to specific procedures.

 

Threats: Stringent regulations. Rising environmental consciousness and adoption of reusable sheets. Competition from local players.

 

Key Takeaways

 

The Global Disposable Surgical Sheet Market Size is expected to witness high growth during the forecast period of 2024 to 2031 supported by increasing number of surgeries globally. 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 2031.

The Asia Pacific region dominates the market currently with countries like China and India having high number of surgeries performed annually. Regional analysis shows the Asia Pacific region is expected to witness fastest growth in the coming years supported by rising healthcare infrastructure, growing medical tourism and large patient base.

 

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. The companies compete on the basis of price, quality, design and service. Strategic partnerships and new product launches remain key strategies adopted by players to gain competitive edge.


Get More Insights Here

https://whotimes.com/stock-music-market-an-ever-evolving-industry/

https://www.trendingwebwire.com/disposable-surgical-sheet-market-size-share-growth-outlook-2023/

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