Surgical Drapes Market is expected to grow to be worth US$ 2.1 Billion by 2033, Reveals Future Market Insights, Inc.

NEWARK, DE / ACCESSWIRE / March 1, 2023 / The Surgical Drapes Market revenues were estimated at US$ 1.4 Billion in 2022 and is anticipated to grow at a CAGR of 4.2% from 2023 to 2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 2.1 Billion. The market revenue through disposable surgical drapes is expected to grow at a CAGR of 4.8% from 2023 to 2033.

An increase in the occurrence of chronic diseases around the world is a key factor driving the market forward. According to the American Heart Association, by 2035, more than 130 million people, or 45.1% of the adult population in the United States, could be suffering from some type of CVD. According to the Centers for Disease Control and Prevention, around 655,000 Americans die each year from heart disease, accounting for one out of every four deaths.

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According to the CDC, 6 out of 10 persons in the United States suffer from a chronic disease, with 4 out of 10 having two or more chronic diseases. As a result of the rising patient pool, more surgeries and hospitalizations are performed, resulting in a higher demand for surgical drapes.

During the predicted period, the market in North America is expected to increase significantly. The well-developed infrastructure, rising surgical procedures, and an increase in surgical site infections are all contributing to market expansion.

According to the Journal of Infectious Disease Advisor, around 27 million surgical operations are conducted in the U.S. each year, with up to 5% of these procedures resulting in surgical site infections. In addition, rising healthcare costs are a driving force for market expansion.

Competitive Landscape

The key players in the global Surgical Drapes market are 3M, Steris, Cardinal Health, Paul Hartmann AG, and Mölnlycke Health Care.

• In July 2021, Thermo Fisher Scientific, a global leader in science services, entered into an alliance with Ortho Clinical Diagnostics to develop and distribute LabLink xL Quality Control Software and Thermo Scientific MAS Quality Standards which can be used with VITROS analyzers.
• In July 2020, EDM Medical Solutions introduced CT scanner drapes, with the goal of decreasing infection spread in the medical setting.
• In April 2020, Medline Europe issued its COVID-19 inventory update, stating that they are committed to maintaining the supply of PPE and other important medical apparel and supplies for its clients as much as possible, as well as ensuring that they are distributed fairly.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Surgical Drapes Market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights by Type (Reusable, Disposable), by Risk Type (Minimal, Low, Moderate, High), by End-Use (Hospitals, Clinics, Ambulatory Surgical Centers, Other End-uses), across five regions (North America, Latin America, Europe, Asia Pacific and the Middle East & Africa).

Market Segments Covered in Surgical Drapes Market Analysis

By Type:

• Reusable
• Disposable

By Risk Type:

• Minimal (AAMI Level 1)
• Low (AAMI Level 2)
• Moderate (AAMI Level 3)
• High (AAMI Level 4)

By End-Use:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Other End-uses

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Table of Content

1. Executive Summary | Surgical Drapes Market

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Million)

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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SOURCE: Future Market Insights, Inc.

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