Back Table and Cart Covers Market
Back Table and Cart Covers Market Analysis Repot By Product (Back Table and Covers, Cart Covers), By Usage (Reusable Covers, Disposable Covers), By End User (Hospitals & Diagnostic Centers, Academic & Research Institutes), By Region - Global Market Insights to 2019-2027
Analysis of Back Table and Cart Covers market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Manufacturers Rely on Development of New Materials to Excel in Back Table and Cart Covers Market
Growing patient pool for minimally-invasive surgeries is projected to stimulate the growth of the back table and cart covers market. This, despite volatility in raw material prices in parallel to regulatory concerns regarding the disposal of medical waste.
Increase in awareness about hospital-acquired infections (HAIs) and surgical site infections (SSIs) is necessitating the adoption of back table and cart covers, thereby creating long-term supply opportunities for market players.
Sensing continuous rise in demand, players in the back table and cart covers market are striving to incorporate new technologies for the development of breathable and anti-fungal materials, which is discussed at length in an exclusive study published by Fact.MR.
The study estimates that, the back table and cart covers market is projected to grow by 2.6% in 2020 over 2019.
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Increasing Emphasis on Medical Waste Management to Unlock New Opportunities for Manufacturers
The trend of following environmentally-benign processes is fast-penetrating the healthcare industry, as regulatory propositions regarding the disposal of bio-hazardous waste produced by hospitals, clinics, and ambulatory surgical centres are growing as a paramount concern.
Numerous health authorities are launching campaigns to increase awareness about the proper disposal of medical waste.
For instance, Health Care Without Harm (HCWH) conducts programs to disseminate information about medical waste management and disposal of toxic components.
Going the extra mile, InterVol, an NGO operating in New York, collects used healthcare supplies and encourages healthcare institutions to foster the recycling of used materials.
Such initiatives are, in turn, pushing healthcare professionals to increase investments for the development of reusable back table and cart covers to recycle raw materials, reduce disposal costs, and shrink carbon footprints.
Though currently, reusable covers account for a relatively lean market share than disposable ones, long-term payback will remain an attractive feature for end users, which will create ample sales opportunities for players in the back table and cart covers market.
Reusable covers are projected to account for 24% share of the back table and cart covers market by 2027, while disposable covers are likely to witness a decreased share around the same period.
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Sales of Back Table and Cart Covers to Remain Significantly Driven by Hospitals and Diagnostic Centres
Government initiatives, especially in developed regions such as Europe and North America, taken towards bringing in advancements in the extant healthcare infrastructure, are, in turn, reflecting on the increasing number of hospitals.
These institutions remain primary healthcare facilities for consultations and surgeries.
On account of this, hospitals are projected to drive significant demand for back table and cart covers during the forecast period.
Yet another key end user for the back table and cart covers market is ambulatory surgical centres, which are gaining prominence on the back of same-day discharge and relatively short duration of stay.
Besides this, academic and research institutes are estimated to account for 18% of the total share of the back tables and cart covers market. Ongoing research & development activities to improve healthcare offerings are likely to uphold the demand for back table and cart covers in these institutions to reduce the instances of infections.
Germany to Lead Growth of European Back Table and Cart Covers Market
Regarding hygiene, the healthcare infrastructure of Europe surpasses that offered by North American facilities, which is attributable to the high level of awareness among patients and healthcare providers equally.
In 2018, a study published by the European Centre for Disease Prevention and Control served as an eye-opener for the healthcare industry.
According to statistics, around 33,000 people die from infections, among which, nearly 75% of people are detected with HAIs, owing to lack of proper infection prevention measures in hospitals and ASCs.
Increase in actions taken by hospitals and surgical centres in the region is rendering strength to the European back table and cart covers market.
In Europe, Germany will remain a key back table and cart covers market, on account of high-quality healthcare in tandem with centralized health insurance plans that influence patients to avail healthcare services.
The emergence of on-demand healthcare services is reducing wait times and mounting the number of surgeries, which implies strong future growth opportunities for players in the back table and cart covers market during the forecast period.
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Back Table and Cart Covers Market – Assessment of Key Segments
With an aim to offer granular level insights into the back table and cart covers market, authors of the report have segmented the landscape on the basis of product, usage, end user, and region. This global research report also analysis the incremental opportunity available in the back table and cart covers market during the forecast period. Key segments of the back table and cart covers market include:
This detailed guide, based on the latest market movement, ensures that only precise information reaches stakeholders, so as to help them gain an upper hand over their competitors in the global back table and cart covers market. This exclusive guide offers crucial information about the current trends, future scope, and government regulations for the back table and cart covers market.
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The back table and cart covers market projected to witness a CAGR of 2.8% during the forecast period (2020-2027
This exclusive guide offers crucial information about the current trends, future scope, and government regulations for the back table and cart covers market.