Asia Pacific Latex Medical Disposables Market 2017-2022: Market is Anticipated to Expand at a Significant CAGR of 5.5%
Asia Pacific Latex Medical Disposables Market By Product Type (latex, Foley Catheters, Latex Gloves, Urine Bags, Latex Probe Covers, And Others)
(EMAILWIRE.COM, February 15, 2018 ) The Asia Pacific Latex Medical Disposables market size was around USD 900 million in 2017. It is expected to grow at a CAGR of 5.5% to reach USD 1.18 billion by 2022. It captures 20% of the global market. Latex medical disposables like latex gloves are utilized for surgeries and check-ups. Their demand is high among doctors, surgeons, and dentists worldwide. Majorly, there are two types of latex gloves namely powdered and non-powdered. The non-powdered gloves are more in demand since the other ones hinder the healing process of patients.
View Full Report: https://www.marketdataforecast.com/market-reports/asia-pacific-latex-medical-disposables-market-5169/
Latex allergies occurring by the continuous use of gloves is the primary restraint of the market. Furthermore, rising competition does not augur well for robust pricing. Therefore, sluggish growth in revenue might hinder market growth. But still, the impact of these restraints will be offset by the advent of novel technologies.
The market is segmented by product and by end user. By product, the market is categorized into latex gloves, urine bags, latex, Foley catheters, latex probe covers, and others. By end user the market is categorized into ambulatory surgical centres, Hospitals, clinics, diagnostic centres, and others. Latex gloves have been the fastest growing segment. By revenue, this product category captured 60.4% of the market during 2015. This category might continue to hold the front position since these gloves are an easy and effective in protecting the hands of patients and doctors from infection. By end user, the hospitals category led the market in terms of revenue in 2015. The growing number of surgical procedures in hospitals, conjoined with set-up of new clinics and hospitals is attributable for the dominance of this category. The diagnostic centres category is likely to hold the second-most position over the aforementioned forecast period.
Request for Sample Brochure: https://www.marketdataforecast.com/market-reports/asia-pacific-latex-medical-disposables-market-5169/request-sample
By geography the market is segmented into India, China, Korea, Japan and others. Asia Pacific is expected to grow robustly during the aforementioned forecast period. India, China, Australia, Japan, Singapore, and Thailand are anticipated to represent a vital portion of the market for latex medical disposables in the aforementioned forecast period. The development of these regions is due to the rising awareness regarding the safety of patients and healthcare professionals, growing per capita incomes of people, rising healthcare expenditures of governments, and flourishing medical and pharmaceutical sectors in these regions.
Inquire before buying: https://www.marketdataforecast.com/market-reports/asia-pacific-latex-medical-disposables-market-5169/inquire
Key players in the market include B. Braun Melsungen, C.R. Bard, Ansell, Top Glove Corporation, Hartalega Holdings Bhd., Supermax Corporation Berhad, Dynarex Corporation, and Medtronic plc.
Market Segmentation
Product type
Introduction
Latex Gloves
Latex Foley Catheters
Latex Probe Covers
Urine Bags
Others
End User
Introduction
Hospitals
Public
Private
Ambulatory Surgical Centers
Clinics
Diagnostic Centers
Others
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
View Full Report: https://www.marketdataforecast.com/market-reports/asia-pacific-latex-medical-disposables-market-5169/
Latex allergies occurring by the continuous use of gloves is the primary restraint of the market. Furthermore, rising competition does not augur well for robust pricing. Therefore, sluggish growth in revenue might hinder market growth. But still, the impact of these restraints will be offset by the advent of novel technologies.
The market is segmented by product and by end user. By product, the market is categorized into latex gloves, urine bags, latex, Foley catheters, latex probe covers, and others. By end user the market is categorized into ambulatory surgical centres, Hospitals, clinics, diagnostic centres, and others. Latex gloves have been the fastest growing segment. By revenue, this product category captured 60.4% of the market during 2015. This category might continue to hold the front position since these gloves are an easy and effective in protecting the hands of patients and doctors from infection. By end user, the hospitals category led the market in terms of revenue in 2015. The growing number of surgical procedures in hospitals, conjoined with set-up of new clinics and hospitals is attributable for the dominance of this category. The diagnostic centres category is likely to hold the second-most position over the aforementioned forecast period.
Request for Sample Brochure: https://www.marketdataforecast.com/market-reports/asia-pacific-latex-medical-disposables-market-5169/request-sample
By geography the market is segmented into India, China, Korea, Japan and others. Asia Pacific is expected to grow robustly during the aforementioned forecast period. India, China, Australia, Japan, Singapore, and Thailand are anticipated to represent a vital portion of the market for latex medical disposables in the aforementioned forecast period. The development of these regions is due to the rising awareness regarding the safety of patients and healthcare professionals, growing per capita incomes of people, rising healthcare expenditures of governments, and flourishing medical and pharmaceutical sectors in these regions.
Inquire before buying: https://www.marketdataforecast.com/market-reports/asia-pacific-latex-medical-disposables-market-5169/inquire
Key players in the market include B. Braun Melsungen, C.R. Bard, Ansell, Top Glove Corporation, Hartalega Holdings Bhd., Supermax Corporation Berhad, Dynarex Corporation, and Medtronic plc.
Market Segmentation
Product type
Introduction
Latex Gloves
Latex Foley Catheters
Latex Probe Covers
Urine Bags
Others
End User
Introduction
Hospitals
Public
Private
Ambulatory Surgical Centers
Clinics
Diagnostic Centers
Others
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results