Disposable Incontinence Products Market witnessed a CAGR of 4.1% between 2014 and 2021. The same Global Disposable Incontinence Products Market is expected to have a CAGR of 4.6% between 2022 and 2024. In 2022, the Global Disposable Incontinence Products Market size was US$ 11,197.4 million, which is projected to reach US$ 12,250.8 million by the year 2024. The rise in the prevalence of renal diseases and nephrological injuries, technological advancements in the materials used for disposable products and catheters, and increased awareness regarding care and hygiene are among the major factor driving the growth of this market.
Company Profiles:
- Svenska Cellulosa Aktiebolaget (SCA)
- Becton, Dickinson and Company
- ConvaTec Inc
- PAUL HARTMANN AG
- Medtronic
- Unicharm Corporation
- Kimberly-Clark Corporation
- B. Braun Melsungen AG
- Medline Industries, Inc
- Theos Medical Systems, Inc.
- Fujian Yifa Healthcare Products Co., Ltd
- Abena Group
- Mega Soft (Fujian) Hygiene Products Co., Ltd
- Fujian Hengan Group Ltd
Strategic Acquisition to Lend Winning Imperatives for Market Participants
The key players of disposable incontinence products are focusing on product development to increase their growth prospects. Mergers and acquisitions are the key strategies of market players to enhance geographical reach for existing and new products. For instance, in March 2017, Ontex acquired the personal hygiene business of Hypermarcas. This acquisition helped Ontex to expand its product portfolio.
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Rise in the prevalence of kidney disorders, bladder ailments, and other nephrological injuries drive growth of the disposable incontinence products market. Availability of products to enhance quality of life in case of patients suffering from incontinence is the key factor for commercial success of the disposable incontinence products market. The global disposable incontinence products market surpassed a value of US$ 9 Bn in 2018, which is set to witness healthy growth during the period of projection (2019 – 2029).