Alcohol Prep Pads Market Recorded 14% Y-O-Y Growth Rate in 2021 | Evolving Opportunities with Avantor Inc. & Mckesson Corp| Technavio
NEW YORK, July 4, 2022 /PRNewswire/ -- The alcohol prep pads market share is expected to increase by USD 194.5 million from 2020 to 2025. However, the market's growth momentum will decelerate at a CAGR of 12.94% as per the latest market report by Technavio. The alcohol prep pads market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Avantor Inc., B. Braun Melsungen AG, Baxter International Inc., Dynarex Corp., McKesson Corp., Medline Industries Inc., Medtronic Plc, Nipro Corp., Professional Disposables International Inc., and Thermo Fisher Scientific Inc. are among some of the major market participants. Few vendors with key offerings are mentioned below:
Avantor Inc. - The company offers VWR Alcohol Prep Pads.
B. Braun Melsungen AG - The company offers Alcohol Pads B. Braun.
Baxter International Inc. - The company offers Alcohol Pads, antiseptic wipes, and cleaning agents among others.
Dynarex Corp. - The company offers Sterile Alcohol Prep Pads.
McKesson Corp. - The company offers McKesson Alcohol Prep Pads.
Driver: The rising number of surgical procedures worldwide has been instrumental in driving the growth of the market. Surgical site infections (SSI) complicate about 5% of clean-contaminated operations performed annually in US hospitals and account for the most common nosocomial infection in surgical patients. Globally, the number of surgical procedures, including orthopedic procedures such as joint reconstruction, hip replacement, and knee replacement, is rising and has increased the demand for alcohol prep pads
Challenges: The pricing pressure coupled with growing competition might hamper the market growth. The global alcohol prep pads market is witnessing intense competition due to the presence of several global and regional vendors. Only major vendors such as BD, Baxter, and B. Braun Melsungen are focusing on developing advanced and innovative products. Though established global vendors have wide distribution channels and contracts with leading hospitals and healthcare facilities, they are facing intense competition from small regional vendors that offer similar products at relatively lower prices. Hence, customers have the choice of purchasing high-quality products at low prices.
To know about more market dynamics along with the latest trends - Click Now!
Alcohol Prep Pads Market 2021-2025: Segmentation
End-User
Hospitals And Clinics
ASCs
Others
Geography
North America
Europe
Asia
ROW
To know about the market contribution of each segment - Grab a sample now!
Get ready to achieve excellent business outcomes from this exclusive Alcohol Prep Pads Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?
Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Alcohol Prep Pads Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Alcohol Prep Pads Market Forecast Report - Buy Now!
Related Reports:
The sterile gloves market share in Western Europe is expected to increase to USD 1.30 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.73%.
The knee replacement market share is expected to increase to USD 2.58 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.92%.
Alcohol Prep Pads Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Decelerate at a CAGR of 12.94%
Market growth 2021-2025
USD 194.5 million
Market structure
Fragmented
YoY growth (%)
14.00
Performing market contribution
North America at 41%
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Avantor Inc., B. Braun Melsungen AG, Baxter International Inc., Dynarex Corp., McKesson Corp., Medline Industries Inc., Medtronic Plc, Nipro Corp., Professional Disposables International Inc., and Thermo Fisher Scientific Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Healthcare supplies market
3 Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
5.1 Market segments
Exhibit 15: End user - Market share 2020-2025 (%)
5.2 Comparison by End user
Exhibit 16: Comparison by End user
5.3 Hospitals and clinics - Market size and forecast 2020-2025
Exhibit 17: Hospitals and clinics - Market size and forecast 2020-2025 ($ million)
Exhibit 18: Hospitals and clinics - Year-over-year growth 2020-2025 (%)
Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
Exhibit 37: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
9.1 Overview
Exhibit 38: Vendor landscape
9.2 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10 Vendor Analysis
10.1 Vendors covered
Exhibit 41: Vendors covered
10.2 Market positioning of vendors
Exhibit 42: Market positioning of vendors
10.3 Avantor Inc.
Exhibit 43: Avantor Inc. - Overview
Exhibit 44: Avantor Inc. - Business segments
Exhibit 45: Avantor Inc. - Key offerings
Exhibit 46: Avantor Inc. - Segment focus
10.4 B. Braun Melsungen AG
Exhibit 47: B. Braun Melsungen AG - Overview
Exhibit 48: B. Braun Melsungen AG - Business segments
Exhibit 49: B. Braun Melsungen AG - Key news
Exhibit 50: B. Braun Melsungen AG - Key offerings
Exhibit 51: B. Braun Melsungen AG - Segment focus
10.5 Baxter International Inc.
Exhibit 52: Baxter International Inc. - Overview
Exhibit 53: Baxter International Inc. - Business segments
Exhibit 54: Baxter International Inc. - Key news
Exhibit 55: Baxter International Inc. - Key offerings
Exhibit 56: Baxter International Inc. - Segment focus
10.6 Dynarex Corp.
10.7 McKesson Corp.
Exhibit 60: McKesson Corp. - Overview
Exhibit 61: McKesson Corp. - Business segments
Exhibit 62: McKesson Corp. - Key offerings
Exhibit 63: McKesson Corp. - Segment focus
10.8 Medline Industries Inc.
Exhibit 64: Medline Industries Inc. - Overview
Exhibit 65: Medline Industries Inc. - Product and service
Exhibit 66: Medline Industries Inc. - Key news
Exhibit 67: Medline Industries Inc. - Key offerings
10.9 Medtronic Plc
Exhibit 68: Medtronic Plc - Overview
Exhibit 69: Medtronic Plc - Business segments
Exhibit 70: Medtronic Plc - Key offerings
Exhibit 71: Medtronic Plc - Segment focus
10.10 Nipro Corp.
Exhibit 72: Nipro Corp. - Overview
Exhibit 73: Nipro Corp. - Business segments
Exhibit 74: Nipro Corp. - Key offerings
Exhibit 75: Nipro Corp. - Segment focus
10.11 Professional Disposables International Inc.
Exhibit 76: Professional Disposables International Inc. - Overview
Exhibit 77: Professional Disposables International Inc. - Product and service
Exhibit 78: Professional Disposables International Inc. - Key offerings
10.12 Thermo Fisher Scientific Inc.
Exhibit 79: Thermo Fisher Scientific Inc. - Overview
Exhibit 80: Thermo Fisher Scientific Inc. - Business segments
Exhibit 81: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 82: Thermo Fisher Scientific Inc. - Segment focus
11 Appendix
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 83: Currency conversion rates for US$
11.3 Research methodology
Exhibit 84: Research Methodology
Exhibit 85: Validation techniques employed for market sizing
Exhibit 86: Information sources
11.4 List of abbreviations
Exhibit 87: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
In the news release, OSR Holdings and SillaJen have entered into a Memorandum of Understanding to collaboratively pursue the development of innovative therapeutics and enter the U.S. market, issued 22-Apr-2024 by OSR Holdings over PR Newswire, we are...
Beyond2020, the flagship initiative launched by the Zayed Sustainability Prize, the UAE's pioneering award for sustainability and humanitarianism, today announced the deployment of AI-powered mammography services across Costa Rica to support the...
Surrey FA and Chelsea FC Foundation are proud to announce their collaborative effort once again to offer empowering coaching sessions to female refugees in the local community. These sessions will provide an opportunity for women to engage with...
BeiGene, Ltd. , a global oncology company, today announced that the European Commission (EC) has approved tislelizumab as a treatment for non-small cell lung cancer (NSCLC) across three indications, including first- and second-line use....
Vizient, Inc. hosted its inaugural Insight: Cell, Gene, and Specialty Pharmacy Symposium, bringing together leading healthcare providers, payers and manufacturers of high-cost, ultra-specialty pharmaceuticals along with other stakeholders to discuss...