Due to the rising number of surgeries performed globally, it is gaining popularity. According to information released by the NCBI in 2020, there are an astounding 310 million major surgeries done annually around the global, with about 40 to 50 million taking place in the U.S. and 20 million in Europe. Furthermore, the number of organ transplant operations globally increased, according to the Global Observatory on Donations and Transplantation database. Technology advancement, flexible government medical and health policies, and growing public awareness of surgeries are the main causes of this rise in surgeries.
The rising incidence of diseases like cardiovascular diseases, obesity problems, and diabetes, which are primarily brought on by lifestyle disorders, is another significant factor pushing disposable surgical pad market. With these conditions, the patient must go through various procedures, such as those for obesity- or cardiovascular-related conditions. One of the key factors boosting the market development for surgical bandages is the rising number of surgical procedures. The main treatments include composite bandages, which are waterproof multilayered bandages. These three-layer bandages have a bottom layer made of semi- or non-adherent material that allows water to permeate to the top layer, but keeps it from adhering to the tissue that is granulating.
New product launches to flourish in the disposable surgical pad market
There are numerous small and large manufacturers, which results in a highly fragmented industry. Due to the presence of numerous players, industry rivalry and levels of competition are anticipated to increase over the anticipated time. Leading companies also participate in partnerships, product launches, mergers, and acquisitions to expand their product lines. For instance, Healthium Medtech, a global medtech company specializing in products used in surgical, postsurgical, and chronic care, launched TRUSHIELD NXT surgical wound dressing in October 2021, expanding its line of patented products in the wound care and infection prevention sectors. Healthium's present product portfolio, which comprises 52,000 stock-keeping units, primarily concentrates on advanced surgery, urology, and arthroscopy products in addition to wound care. Furthermore, Winner Medical introduced its Transparent Film Dressing, Bordered Silicone Foam Dressing with SAF, Antibiosis Series Items, and brand-new CMC dressing in France in May 2022.
By application: Due to the rising illness burden of CVDs, more surgeries based on these conditions are anticipated. The WHO estimates that more than 3/4 of CVD-related fatalities take place in developing nations. The main causes of heart disease are excessive junk food consumption, sedentary lifestyles, and mental stress. The number of CVD surgeries has increased as a result of the increasing prevalence of cardiac diseases. As a result, the demand for surgical dressings is anticipated to increase considerably over the forecast period due to an increase in cardiac surgeries. In addition, the segment for surgeries related to diabetes is anticipated to increase significantly over the forecast period. The rise in diabetes cases and diabetic foot ulcers is a significant element in the segment's expansion.
By end use: Due to the rising prevalence of diabetic foot ulcers, rising surgical procedures, and growing number of hospitals, the hospital sector held the largest market share in 2021. For instance, the Australian Institute of Health and Wellbeing reports a rise in hospital admissions in Australia. As a result, the sector is anticipated to experience significant growth over the forecast period due to an increase in hospitals and hospitalization cases. In a similar vein, the sector for ambulatory clinics is anticipated to experience the fastest CAGR growth over the course of the forecast period. Ambulatory surgery centres, which perform surgeries more affordably and may not require overnight stays for patients, are common in developed nations like the U.S. and the UK.
By region: In 2021, North America dominated the disposable surgical pad market, with a sizable portion coming from the U.S.The region's improved healthcare facilities and rising surgical volume are to blame for the dominance. Advanced wound care products assist in healing such wounds quickly because such surgeries require time to heal. Similar to this, a rise in the prevalence of chronic wounds in the U.S. is anticipated to spur industry expansion. Furthermore, companies with a large selection of surgical dressings and a significant market position in the U.S. include Cardinal Health, Coloplast A/S, and others. The U.S. is probably going to rule the disposable surgical pad market as a consequence of the aforementioned factors.
Competitive analysis and profiles of the major players in the disposable surgical pad market are included in the report, such as 3M Company, Baxter International Inc., Cardinal Health Inc., Coloplast Corp, Convatec Group PLC, Derma Sciences, Johnson & Johnson, Medtronic plc, Molnlycke health, Medtronic plc, and Smith & Nephew plc., are provided in this report.
Disposable Surgical Pad Market Report Highlights
Key Market Players
Johnson & Johnson, Medtronic plc, Baxter International Inc., 3M Company, Cardinal Health Inc., Derma Sciences, molnlycke health care us, Coloplast Corp, Smith & Nephew plc, Convatec Group PLC