The global disposable surgical sheet market is primarily driven by growing number of surgeries across the globe. Disposable surgical sheets are an integral part of surgical procedures providing protection and absorption during surgical procedures. They ensure safety, hygiene and minimize infection risk during surgeries. Growth in aging population, rising healthcare expenditure and increase in number of surgeries are major factors spurring demand of disposable surgical sheets.
Disposable surgical sheets are thin, absorbent sheets made from non-woven materials such as cotton and non-woven fabrics. They are used during surgical procedures to absorb blood and other fluids from the surgical site protecting the patient and surgeons from infections. Increasing prevalence of chronic conditions requiring surgical treatment along with rising number of accident and trauma cases have increased surgical procedures globally. This in turn is augmenting demand of disposable surgical sheets.
The Global disposable surgical sheet market is estimated to be valued at US$ 2.63 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the disposable surgical sheet market are Qrontech Co., Ltd. (Lukas), S. Will Industrial, Ltd., AIPTEK International, Inc., Hyundai MnSOFT, GoPro, Inc., Pittasoft Co., Ltd., DCS Systems Ltd. (RoadHawk U.K.), Garmin International, Inc., and Transcend Information, Inc. Rapidly growing aging population globally along with rise in chronic diseases have increased number of surgeries. This has fuelled demand for disposable surgical sheets.
Growing demand from hospitals, clinics and other healthcare facilities for disposable products to avoid infections has propelled growth of disposable surgical sheet market. Rapid technological advancements have enabled manufacturers to develop lightweight, strong and advanced absorbent disposable surgical sheets.
The Global Disposable Surgical Sheet Market is witnessing increased penetration in emerging economies of Asia Pacific and Latin America. Rising healthcare infrastructure and increasing healthcare spending in these regions have opened new growth avenues for key players. Manufacturers are expanding geographically through partnerships and collaborations to leverage growth opportunities.
Market Key Trends
Development of antimicrobial coated disposable surgical sheets is a key trend gaining traction in the market. These sheets contain silver and other antimicrobial ingredients that help prevent surgical site infections. They get activated when exposed to moisture during surgical procedures destroying pathogens. Their self-disinfecting property helps curb infections and assures safety of patients and medical staff. Growing prevalence of hospital acquired infections has increased focus on development of such advanced infection resistant disposable surgical sheets. This technology is expected to gather pace and revolutionize the market.
Porter’s Analysis
Threat of new entrants: Low barrier of entry as materials required are widely available and manufacturing process is not highly complex. However, established players hold a major share of the market thereby posing threat to newcomers.
Bargaining power of buyers: Buyers have medium to high bargaining power as they can negotiate on price and can easily switch between different brands of disposable surgical sheets depending on pricing and quality.
Bargaining power of suppliers: Suppliers have medium bargaining power as raw materials required are commodity chemicals and polymers which are widely available from multiple manufacturers globally. Suppliers also have low switching costs.
Threat of new substitutes: Threat of substitutes is low as there are limited alternatives available for disposable surgical sheets. Reusable surgical linens require significant costs of sterilization which makes them more expensive over long term use.
Competitive rivalry: Intense rivalry exists between established players to gain market share and profitability. Players compete on pricing, product quality, brand recognition and client relationships.
North America region holds the major share of over 30% of the global disposable surgical sheet market in terms of value due to high number of surgeries performed and awareness about hygiene. Asia Pacific region is expected to witness the fastest growth during the forecast period due to increasing healthcare infrastructure and expenditure. Rapidly growing medical tourism industry in countries like India and China is further propelling the demand.
