Surgical Drapes Market - Major Revenue Gains are Predicted in Near Future

 Major Objectives of the Study:

# To define, describe, segment, and forecast the Surgical Drapes Market by type, usage pattern, end user, and region.

# To forecast revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia, and the Rest of the World (RoW).

# To identify the micromarkets with respect to drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market.

# To analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market.

# To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders.

# To profile the key players and comprehensively analyze their market shares and core competencies in terms of market developments and growth strategies.

# To track and analyze competitive developments in Surgical drapes and gowns industry such as partnerships, agreements, collaborations, and joint ventures; mergers and acquisitions; product launches; and research and development activities in the surgical drapes market.

Key Growth Driving Factors:

Factors such as the increasing number of surgeries and the growing incidence of hospital-acquired infections is driving the growth of this market.

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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

Geographical Growth Dynamics:

On the basis of region, the surgical drapes and gowns market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2017, North America commanded the largest share of the surgical gowns market. 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.

Global Leading Companies:

Major industry players launched innovative products to maintain and improve their position in the surgical drapes and gowns market. Cardinal Health (US), 3M (US), Mölnlycke Health Care (Sweden), Halyard Health (US), Thermo Fisher Scientific Inc. (US), Steris plc (US), and Paul Hartmann AG (Germany) have been identified as the key players in this market.

Research Methodology:

Top-down and bottom-up approaches were used to estimate and validate the size of the 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.

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Projected Revenue Growth:

The surgical drapes and gowns 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.