Technavio’s market research analyst has estimated the global market for alcohol prep pads to post a healthy CAGR of more than 10% by 2020. The high penetration of alcohol prep pads in developed countries like the US is a major factor that is envisaged to spur the prospects for growth in this market during the forecast period.
The increased usage of injections for medical purposes is the key driver for the growth of this market. Increased medical research has resulted in the development of new medications and therapies, which helps to treat a wide array of diseases. This recent development of the healthcare sector is expected to result in the augmented demand for alcohol prep pads for surgical and medical procedures.
Geographical segmentation of the alcohol prep pads market
- North America
Technavio market research analysts estimate the North American region to be the largest geography for this market during the forecast period. This region currently dominates the market and is expected to retain its dominating hold over the market by 2020 owing to factors like the increasing healthcare expenditure, augmented effort to prevent healthcare-associated infections (HAI), and the presence of an advanced healthcare infrastructure.
Competitive landscape and key vendors
The alcohol prep pads market is extremely fragmented due to the presence of numerous large and small-sized vendors. These large and small-sized vendors intensely compete to gain maximum market traction during the forecast period. While some of these vendors provide products to multiple industries, some purely focus on niche segments as it helps them to supply products to the healthcare facilities.
Key vendors in this market are -
Other prominent vendors analyzed in this market research report are Allison Medical, Clorox, Delta Hi-Tech, DUKAL, Nipro, Phoenix Healthcare Solutions, Professional Disposables International, Reynard Health Supplies, Shenzhen 3Leaves Technology, and Sklar.
Growth drivers, upcoming trends, and challenges - Alcohol prep pads
Technavio’s market research analyst estimates upcoming trends, such as the growing popularity of medical kits, to impel market growth during the forecast period. Medical kits that are used for general and niche purposes are rapidly gaining popularity owing to the recent trend towards self-care. The advent of medical kits with a range of products that target families, individuals, and the sports sector is expected to drive the B2B prospects for manufacturers of alcohol prep pads.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global alcohol prep pads market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in this report
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global alcohol prep pads market?
- What are the key market trends impacting the growth of the global alcohol prep pads market?
- What are the challenges to market growth?
- Who are the key vendors in the global alcohol prep pads market?
- What are the market opportunities and threats faced by the vendors in the global alcohol prep pads market?
- Trending factors influencing the market shares of the EMEA, Americas, and APAC?
- What are the key outcomes of the five forces analysis of the global alcohol prep pads market?
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Part 2: Scope of the report
- Market overview
- Top-vendor offerings
Part 3: Market research methodology
- Research methodology
- Economic indicators
Part 4: Introduction
- Key market highlights
Part 5: Global macroeconomic indicators
- Global health expenditure
Part 6: Global pharmaceutical market
- Market overview
- Market size and forecast
Part 7: Market landscape
- Global cleanroom consumables market
- Global alcohol prep pads market
- Five forces analysis
Part 8: Geographical segmentation
- Global alcohol prep pads market by geography
- Alcohol prep pads market in North America
- Alcohol prep pads market in Europe
- Alcohol prep pads market in APAC
- Alcohol prep pads market in ROW
Part 9: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
- Competitive scenario
- Market vendor rank analysis 2014
- Other prominent vendors
Part 15: Appendix
- List of abbreviations
Part 16: About the Author
List of Exhibits:
Exhibit 01: Product offerings
Exhibit 02: Global healthcare expenditure 2008-2013 (% of global GDP)
Exhibit 03: Global healthcare spending per capita 2008-2013 ($)
Exhibit 04: Global pharmaceutical market 2015-2020 ($ trillions)
Exhibit 05: Global pharmaceutical market by geographical segmentation 2015
Exhibit 06: Per capita pharmaceutical spending in select countries 2014 and 2019 ($)
Exhibit 07: Global cleanroom consumables market by product
Exhibit 08: Global cleanroom consumables market 2015-2020 ($ billions)
Exhibit 09: Global cleanroom consumables market by end-user segmentation 2015
Exhibit 10: Global alcohol prep pads market 2007-2014 ($ millions)
Exhibit 11: Global alcohol prep pads market 2015-2020 ($ millions)
Exhibit 12: Industry value chain of alcohol prep pads
Exhibit 13: Five forces analysis
Exhibit 14: Global alcohol prep pads market segmentation by geography 2015
Exhibit 15: Global alcohol prep pads market segmentation by geography 2020
Exhibit 16: Global alcohol prep pads market segmentation by geography 2015-2020 ($ millions)
Exhibit 17: Global alcohol prep pads market segmentation by geography 2015-2020 (%)
Exhibit 18: Alcohol prep pads market in North America 2015-2020 ($ millions)
Exhibit 19: Alcohol prep pads market in Europe 2015-2020 ($ millions)
Exhibit 20: Alcohol prep pads market in APAC 2015-2020 ($ millions)
Exhibit 21: Alcohol prep pads market in ROW 2015-2020 ($ millions)
Exhibit 22: Global alcohol prep pads market by geography 2015-2020 ($ millions)
Exhibit 23: Global alcohol prep pads market by geography 2015-2020
Exhibit 24: Decrease in mortality rate in US 2011-2012 (deaths per 100,000 standard population)
Exhibit 25: Aging population in select countries 2014
Exhibit 26: Growth of global aging population 2006-2014 (% of total global population)
Exhibit 27: Impact of drivers
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Effect of digital consumerism: Web-influenced offline retail sales vis-à-vis offline only and online sales 2006-2019
Exhibit 30: Retail players in global alcohol prep pad market 2014
Exhibit 31: Global alcohol prep pads market by vendor segmentation 2014
Exhibit 32: Medtronic: Business segmentation by revenue 2015
Exhibit 33: Medtronic: Geographical segmentation by revenue 2015
Exhibit 34: Dynarex: Product categories
The author of the report recognizes the following companies as the key players in the Global Alcohol Prep Pads Market: Medtronic, Medline, Dynarex and MedPride
Other Prominent Vendors in the market are: Allison Medical, Phoenix Healthcare Solutions, The Clorox Company, Professional Disposables International, Delta Hi-Tech, Reynard Health Supplies, DUKAL, Shenzhen 3Leaves Technology, Nipro and Sklar
Commenting on the report, an analyst from the research team said: “Considering the rising importance of sterile prep pads in the market, both existent and new vendors are switching to and manufacturing solely sterile prep pads. For instance, Covidien, now a part of Medtronic, discontinued its Webcol- and Curity-branded non-sterile alcohol prep pads in 2012. The company continues to offer sterile alcohol prep pads as replacement products. These re-evaluation efforts have been taken up to eliminate patient risks and product recalls.”
According to the report, increased medical research has resulted in the discovery and development of new medications and therapies. Advances in organ transplantation and regenerative medicine, and increased focus on personalized medicine have been successful in treating more health conditions. Thus, treatment with surgery and medication has increased, driving the use of injections.
Further, the report states that the market lacks clear labeling regulations on alcohol prep pads.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Allison Medical
- Phoenix Healthcare Solutions
- The Clorox Company
- Professional Disposables International
- Delta Hi-Tech
- Reynard Health Supplies
- Shenzhen 3Leaves Technology