Medical Nonwoven Disposables Market Size, Analysis Report, 2020 | Hexa Research

The Global Medical Nonwoven Disposables Market is projected to expand at a CAGR surpassing 7.9% during the forecast period (2014 to 2020). The industry stood at USD 5980 million in 2013. Booming global population and rising cases of incontinence & related disorders are key market drivers. Other factors that fuel demand are surging income levels, sophisticated medical infrastructure, and high incidence of hospital acquired infections.

Medical nonwoven disposables are made of special nonwoven materials that prevent cross contaminations. They effectively sieve out bacteria that spread infections. Medical nonwoven disposables are preferred over conventional textiles since the former exhibit greater protection against infections. One of its key demand drivers is the widespread acceptance of the same among medical practitioners.

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The global medical nonwoven disposables market is categorized on the basis of products and regions. The product portfolio comprises disposable nonwoven hygiene products and nonwoven medical supplies. In 2013, the industry was dominated by the nonwoven medical supplies segment. It accounts for more than 50% of total revenues. The market for hygiene products is anticipated to expand robustly over the forecast period. High adoption rate and rising cases of urinary & fecal incontinence propel demand for hygiene products.

The disposable incontinence pads & ostomy liners segment led the disposable nonwoven sanitation products industry in 2013. These products are essentially used in light or medium incontinence cases. It is expected that the introduction of eco-friendly & chlorine free incontinence pads will significantly contribute to market demand.

Geographically, the worldwide medical nonwoven disposables market is categorized into four key segments: Europe, North America, Asia Pacific, and Rest of the World. Owing to high patient awareness, intense R&D activities, and the presence of updated technologies, North America dominated the global market in 2013. This region receives immense government support.

According to recent surveys, disposable adult incontinence products are needed by nearly 29 million individuals in North America. Such a trend could further fuel regional demand during the forecast period. China and India are the two main Asia Pacific economies that are poised to witness remarkable growth in the forthcoming years. Regional market drivers are widespread awareness about hospital acquired infections and surging healthcare expenditure.

Prominent industry players are Kimberly Clark Corporation, Svenska Cellulosa Aktiebolaget (SCA), Unicharm Corporation, Covidien, and Freudenberg Nonwovens among many others. Characterized by stiff competition, the global industry thrives on new product development and innovations. Biodegradable & gender specific diapers are expected to positively impact the market in the long run.

Currently, the industry is witnessing high demand for nonwovens that are meant for moderate & heavy incontinence. These products include pull up pants and protective adult underwear. Manufacturers need to ensure that these products rank high on softness, stretchability, and strength. FIBRELLA Lite nonwoven is the award winning product manufactured by Suominen, a Finland based manufacturer of nonwovens. It is a lightweight spunlace nonwoven that is widely available and is employed in adult incontinence & baby care applications. This material employs excellent bonding, finishing, and forming technologies. Introduction of this product has enabled Suominen to expand its customer base considerably.

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Electronic Health Records Market Size, Analysis, Report, 2022 | Hexa Research

The growing trend of automation & digitalization in healthcare drives the global electronic health records market. This industry is anticipated to surpass USD 30 billion by the end of the forecast period (2015 to 2022). Need for greater efficiency, improvements in service quality, and patient safety are factors that may augment growth in the forthcoming years. Implementation of favorable government initiatives, such as the ARRA (America Recovery and Reinvestment Pack) helps foster widespread adoption of health record systems.

Technological improvements in EHR have led to greater access to critical information with the help of handheld devices, such as tablets and iPhones. EHR systems are equipped with technologies that facilitate monitoring, evaluation, management, sharing, and modifications of treatment plans. They can even track the exact patient location in times of medical emergencies.

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The global electronic health records Market is segmented as per applications, end users, and geographies. Based on applications, the Market is bifurcated into web based and client server based. The web based EHR segment is projected to expand considerably over the forecast period. Organizations can reduce initial costs by adopting web based EHR. They can also have access to their systems at anytime and from anywhere because of the SaaS model. Client server based models are generally expensive because of high hardware installation costs. However, their efficiency and speed are higher than those of web based EHR.

On the basis of end users, the worldwide industry is divided into ambulatory centers, clinics, and hospitals. Owing to lesser medical errors and efficient patient handling, hospitals may witness significant growth in the years to come. This segment can register the highest growth rate till 2022. EHR devices are employed extensively by ambulatory centers. Physicians have reported that the adoption of EHR has led to quality healthcare services and greater patient satisfaction.

Geographically, the global electronic health records market is segmented into Asia Pacific, Europe, North America, and Rest of the World. In revenue terms, North America was the largest regional market in 2013. The region may continue dominating the worldwide market because of high investments in novel technologies and widespread adoption of the EHR technology. Surging demand for quality healthcare also plays a key role in stimulating regional growth.

Ongoing industry trends suggest that Asia Pacific could be the fastest growing regional segment from 2015 to 2022. This owes to growing importance of EHR, high R&D investments, rising disposable incomes, and popularity of sophisticated healthcare devices. Price sensitivity among consumers is also key driver of the Asia Pacific market.

Main industry competitors are NextGen Healthcare; Allscripts Healthcare Solutions, Inc.; Medical Information Technology Inc.; GE Healthcare; and Epic System. Besides being highly competitive, the global market is a consolidated one and monopolistic too. Most companies engage in the development of innovative & novel devices. Business ventures and geographical expansions are common strategies adopted by companies for gaining higher market shares.

In December 2016, the IBRI (Indiana Biosciences Research Institute) declared its efforts towards understanding how Type II diabetes varies from one patient to another. This research institute has access to data on more than 800000 diabetics in Indiana. This may lead to the development of better diagnostics solutions & newer treatments. The institute may facilitate tie-ups between industry players and academic collaborators. Such collaborations aim at investigating problems from data sources & multiple perspectives

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Artificial Organ And Bionics Market Analysis, Size, Share, Growth and Forecast to 2020 | Hexa Research

Continuous technological innovations coupled with high investments in healthcare are two key factors that fuel the Global Artificial Organ And Bionics Market. Artificial organs refer to devices that are developed to replace natural organs in the human body. The need for organ transplant arises when a certain natural organ has either stopped working or doesn’t function properly. Artificial organs and artificial body parts are made from substances known as biomaterials.

Man made hazards and high frequency of accidents may propel the global artificial organ and bionics market during the forecast period (2014 to 2020). Artificial liver, artificial limbs, artificial pancreas, artificial heart, and artificial kidneys are examples of artificial organs that function exactly like natural organs when implanted in the human body. The application of electronics & mechanics in the field of medicine has led to newer innovations in developing artificial organs.

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The worldwide artificial organ and bionics market is categorized on the basis of products, technologies, and regions. Based on products, the segments are artificial pancreas, artificial liver, artificial lungs, artificial heart, and artificial kidney. Medical bionics products are further subdivided into cardiac bionics, brain bionics, vision bionics, heart bionics, limb bionics, and exoskeleton bionics. Due to high prevalence of heart disorders worldwide, the segment for heart bionics holds the largest share in the overall market. The artificial lungs & kidney segments held considerable industry shares in 2013. These segments may grow substantially during the forecast period because of problems, such as alcohol abuse and consumption of drugs & cigarettes.

On the basis of technologies, the industry is bifurcated into mechanical bionics and electronic bionics. Rapid technological advancements have led to the development of medical bionics that meets the challenges of organ failure. Mechanical bionics is mostly employed in the development of orthopedic body parts.

As per regions, the global artificial organ and bionics market is categorized into Europe, Asia Pacific, North America, and Rest of the World. North America led the industry in 2013. Factors that fuel this region are high investments in research & development and technological advancements. Growing geriatric population, rising cases of organ failure, and high incidence of accidents may contribute to regional growth over the forecast period. However, the Asia Pacific market is poised to grow rapidly over the next couple of years. This industry is driven by steady government support, medical tourism, and surging disposable incomes. Government support has led to improvements in healthcare infrastructures.

Companies in the worldwide artificial organ and bionics market are Second Sight Medical Product Inc.; Medtronic Co. Ltd.; World Heart Corporation; Thoratec Corporation; and Lifenet Health. Besides being monopolistic, the global market is a highly competitive one too.

Researchers have begun examining using 3D printing in the development of artificial organs. Organovo, a U.S. based biotech startup, focuses on 3D printing of human tissues. These are then sculpted in layers to form organs. Nano Dimension, an Israeli 3D printing company in collaboration with Accellta has successfully mixed human stem cells in printing inks. Accellta is an Israel based stem cell technology company. The striking feature of the inkjet methods of Nano Dimension is the speed at which it prints the human tissues. While most 3D printing techniques take hours to perform this task, Nano Dimension’s technology does it in a matter of seconds.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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