Published Date : Mar 26, 2018
Albany, New York, March 26, 2018: A highly detailed report, titled, “Sterilization Wrap Market - Global Industry Analysis, Share, Size, Growth, Trends and Forecast 2017 - 2026,” has been added by MarketResearchReports.biz to their vast repository. The report foretells an impressive growth to occur in the market owing to improvement in wound treatment techniques in the domain of healthcare.
The global sterilization wrap market is segmented on the basis of product, end users, sales channel, and region. Under the end users, the global sterilization wrap market consists of ambulatory surgical centers, hospitals, clinics, and others. Of these, hospitals and clinics have shown maximum adoption of sterilization wraps as a result of large patient footfall. Under product type, paper and polymers, paper and paperboard, and others are chief segments. Of them, the plastics and polymers segment is expected to dominate due to their high availability and cheaper costs.
Region-wise, the global sterilization wrap market is spread across North America, Latin America, Asia Pacific excluding Japan (APEJ), the Middle East and Africa, Japan, and Europe. Due to a rising number of healthcare facilities coupled with increased awareness about timely wound treatment, the market in North America has emerged as highly lucrative. Besides this region, Europe is also anticipated to perform well on account of strict hygiene standards maintained during medical treatments, wherein a dire need for using sterilization wraps is expected to exist.
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The competitive landscape in the global sterilization market is fairly fragmented as a result of numerous large-scale as well as small vendors aiming to make a strong foothold. Most players are focusing on production of wraps that do not cause any adverse reactions to the affected area. Improving product distribution to attain maximum outreach are two other prominent strategies implemented by most businesses in the global sterilization wrap market. The upcoming years are expected to showcase a toughened competitive landscape owing to rapidly developing healthcare facilities provided all over the globe. Halyard Health, Inc., Robert Busse & Co., Inc., E.I Dupont De Numours and Company, Cygnus Medical L.L.C., Dynarex Corporation, and Cardinal Health Inc., are key players operating in this market.
With higher number of vehicular and non-vehicular accidents reported all over the globe in the past few decades, the need for quality wound treatment has witnessed a tremendous rise. As sterilization wraps play a crucial role in such treatment processes, the surging number of accidents is a prime driving factor for the global sterilization wrap market. The ability of these wraps to provide resistance against infection is a pivotal influence that has increased the preference of these products, thus proving beneficial to the market.
Changing lifestyles, comfortable living, and a need for better hygiene also are prominent factors responsible for causing a surge in the sterilization wrap sales all over the globe. Many manufacturing businesses have introduced a variety of sterilization wraps which vary in the degree of resistance offered against infections. Integration of features such as flame resistance, water repelling action, anti-lint formation, and resistance against wear and tear have also fueled the market for sterilization wraps.
However, inability to access basic medical facilities that include accessories such as sterilization wraps and bandages in remote and underdeveloped regions is a prime hindrance to the global sterilization wrap market. A dearth of awareness in such regions also acts as a minor restraint to the sales of sterilization wraps. Nevertheless, numerous private as well as public organizations are attempting to broaden the reach of medical accessories in such regions. This certainly promises to negate the effects of restraints affecting the global sterilization wrap market.
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