Disposable Incontinence Products Market

Disposable Incontinence Products Market Size, Share, Growth Analysis, By Product (Protective Incontinence Garments, Urine Bag), By Application, By Incontinence Type, By Disease, By Material, By Gender, By Region - Industry Forecast 2024-2031


Report ID: SQMIG35B2216 | Region: Global | Published Date: November, 2024
Pages: 161 | Tables: 67 | Figures: 68

Disposable Incontinence Products Market Regional Insights

Europe is dominating the Disposable Incontinence Products market due to affordable healthcare facilities and widespread awareness. Large number of developed European countries such as UK, Germany, and Netherlands offer free medical treatment to its citizens, or the citizens are covered under free government medical insurance. As a result, hospitalization rate among older patients and patients suffering with chronic disease is significantly high resulting in substantial demand for disposable incontinence products in Europe. Disposable incontinence products are considered as medical equipment and in Europe the government regulates the prices of medical supplies and equipment. As a result, disposable incontinence products are more affordable to the common citizen.

Demand for disposable incontinence products is growing the fastest in the Asia Pacific region. The ageing population in Asia Pacific is on the rise. Aging population in Japan and South Korea is significantly high. Population across the Asia Pacific region, which was once known for its young population, is aging rapidly. According to Asian Development Bank, aging population (above 60 years old) in Asia is expected to more than double from 630 million in 2020 to 1.3 billion by 2050. Since target customer of disposable incontinence products is predominantly older people, growth in the ageing population is expected to boost the market demand.

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Global Disposable Incontinence Products Market size was valued at USD 12.4 billion in 2022 and is poised to grow from USD 13.33 billion in 2023 to USD 23.77 billion by 2031, growing at a CAGR of 7.50% during the forecast period (2024-2031).

The market players in the global Disposable Incontinence Products market are witnessing significant competition due to the presence of both large global players and regional companies. There are large number of startups and small regional players entering the market as the barriers for new entrants are not that strict. Major players are expected to engage in a higher degree of mergers and acquisitions to maintain the market edge. 'Procter & Gamble Co. (US) ', 'Essity AB (Sweden) ', 'Unicharm Corporation (Japan) ', 'Cardinal Health, Inc. (US) ', 'Medtronic plc (Ireland) ', 'Coloplast Ltd. (Denmark) ', 'Unicharm Corporation (Japan) ', 'Paul Hartmann AG (Germany) ', 'First Quality Enterprises (US) ', 'CIVCO Medical Solutions (US) ', 'Pigeon Corporation (Japan) ', 'Edgewell Personal Care Company (US) ', 'Hygieia Healthcare (India) ', 'Invacare Corporation (US) ', 'Smartsorb Technologies (US) ', 'Hartmann USA (US) ', 'Karex Berhad (Malaysia) ', 'Seni (Torpol, Poland) ', 'Apex Medical Corp. (Wellell) (Taiwan) ', 'Proven Healthcare (US)'

Rise in Chronic Disease Prevalence

Ease of Availability: Growing awareness of incontinent medical conditions, widespread usage and growing competition among companies has increased the ease of availability. Although the disposable incontinence products are category 2 medical equipment, they are widely available not only in over the counter stores but also in department stores.

Europe is dominating the Disposable Incontinence Products market due to affordable healthcare facilities and widespread awareness. Large number of developed European countries such as UK, Germany, and Netherlands offer free medical treatment to its citizens, or the citizens are covered under free government medical insurance. As a result, hospitalization rate among older patients and patients suffering with chronic disease is significantly high resulting in substantial demand for disposable incontinence products in Europe. Disposable incontinence products are considered as medical equipment and in Europe the government regulates the prices of medical supplies and equipment. As a result, disposable incontinence products are more affordable to the common citizen.

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Disposable Incontinence Products Market

Report ID: SQMIG35B2216

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