London, 27 October 2015: Technavio, the independent tech-focused global research firm, has published a report on the global alcohol prep pads market 2016-2020, which is expected to grow at a CAGR of 5.07% during the forecast period of 2015-2020.
“Manufacturers and retailers are increasingly providing medical kits with a range of products that target families, individuals, and the sports industry, driving B2B prospects for producers of alcohol prep pads. Snake bite kits, clotting factor sets, first-aid kits, sugar-testing kits, and emergency survival kits are among the kits that carry alcohol prep pads,” says Faisal Ghaus, Vice President of Technavio.
North America was the largest segment of the global alcohol prep pads market in terms of geography, accounting for a market share of 45.78% in 2015. Growth in healthcare expenditure, efforts to prevent healthcare-associated infections (HAI), and the presence of advanced healthcare infrastructure are expected to drive market growth
Key Market Drivers
- Increased injection usage
- Improved healthcare systems
- Rise in domestic consumption
- Growth of aging population
Key Market Trends
- Shift to sterile products
- Growing popularity of medical kits
- Expanding opportunities of usage
- Growth of online retail
Key Market Vendors
- Medtronic
- Medline
- Dynarex
- Shield Line
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Alcohol Prep Pads Market 2016-2020, please send an e-mail to media@TechNavio.com.
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