The global Surgical Drapes Market size is expected to reach USD 1.59 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.18% from 2021 to 2028. An increasing number of surgeries and hospitalizations are fueling the growth of the market. Moreover, the rising prevalence of nosocomial infections is expected to upsurge the market growth over the forecast period. For instance, the Centers for Disease Control (CDC) predicted that HAIs account for around 1.7 million infections and 99,000 related deaths every year in American hospitals. Of these infections, urinary tract infections accounted for 32%, surgical site infections (SSI) accounted for 22%, lung infections accounted for 15%, and bloodstream infections accounted for 14%. Thereby, increasing nosocomial infections will surge the demand for surgical drapes, leading to market growth.
Furthermore, the increasing number of hospital
admissions is accelerating the market growth. For instance, according to the
American Hospital Association, total admissions in all U.S. hospitals were
36,241,815 in 2019. The number of admissions will, in turn, raise the demand
for surgical drapes. Moreover, the rising demand for maintenance and hygiene in
healthcare institutes is one of the key factors stimulating the growth of the
market. Numerous hospitals and healthcare centers are considerably focusing on
upgrading the quality of infrastructure, maintaining hygiene, and improving the
efficacy of operational systems.
However, rising product recalls might have a negative
impact on market growth. For instance, in February 2021, Femoral Angiography
Drape Sterile manufactured by Cardinal Health got recalled owing to a
nonconforming material/component.
Related Press Release@ Surgical Drapes Market Report
Surgical Drapes Market Report
Highlights
- In terms of type, the disposable segment is expected to witness the
fastest growth over the forecast period. An upsurge in the use of
disposable surgical drapes in hospitals owing to the high prevalence of
HAIs globally is driving the segment
- By risk type, the moderate segment held the largest revenue share
in 2020 and is expected to witness considerable growth over the forecast
period
- Based on end use, the hospitals segment accounted for the largest
revenue share in 2020. Hospitals are the largest consumer of surgical
drapes as the majority of surgical procedures are conducted in hospitals
- North America is expected to witness considerable growth over the
forecast period owing to the rising prevalence of surgeries and the
presence of a large number of key market players
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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