The Disposable Incontinence Products Market to look through AI-based genomics at a CAGR of 4.60% |

2023-01-05 16:31:04 By : Mr. Hua Lin

December 16th, 2022 Persistence Market Research Releases

In 2022, the Disposable Incontinence Products Market stands at USD 11,197.4 million, and it is expected to reach USD 12,250.8 million by 2024 at a CAGR of 4.6%. Reluctance to adopt incontinence products is the key restraints in the Disposable Incontinence Products Market.

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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).

The launch of disposable pads for women and intermittent catheters has embarked on the development of novel products that continues to favor the growth of disposable incontinence products market.

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Innovation in material technology to provide maximum comfort and improved absorption capabilities in incontinence disposable products are allowing manufacturers to gain significant market share, thereby widening the growth prospects of disposable incontinence products market.

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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Key geographies evaluated in this report are: North America – U.S, Canada Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS APAC – China, India, Japan, Australia, Others Latin America – Argentina, Brazil, Others

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