Global Underpads Market 2023

Description
The global underpads market is anticipated to increase by USD 1.7 billion till 2029 at an average annual growth of 9.3 percent as per the latest market estimates. Underpads have gained significant usage in healthcare facilities such as hospitals, nursing homes, and day care centers due to their ability to effectively manage incontinence and ensure hygiene. The expansion of the underpads market can be attributed to the increasing demand for healthcare services and the rising number of patients requiring such products.

One of the primary drivers for the underpads market is the aging population. As the elderly population continues to grow, there is a higher prevalence of conditions like incontinence, which necessitates the use of underpads as an effective solution for managing these issues. Moreover, there is a notable increase in awareness and acceptance of underpads as an efficient means of managing incontinence and maintaining cleanliness. This heightened awareness among individuals and healthcare providers contributes to higher adoption rates and, subsequently, drives the growth of the underpads market.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global underpads market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

Market Segmentation
Product: disposable underpads, reusable underpads
Age group: adults, geriatric, pediatric
Distribution channel: offline, online
Care provider: hospital, home care settings, others
Region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, age group, distribution channel, care provider, and region. The global market for underpads can be segmented by product: disposable underpads, reusable underpads. In 2022, the disposable underpads segment made up the largest share of revenue generated by the underpads market. Underpads market is further segmented by age group: adults, geriatric, pediatric. The geriatric segment was the largest contributor to the global underpads market in 2022. Based on distribution channel, the underpads market is segmented into: offline, online. The offline segment is estimated to account for the largest share of the global underpads market. On the basis of care provider, the underpads market also can be divided into: hospital, home care settings, others. The hospital segment held the largest share of the global underpads market in 2022 and is anticipated to hold its share during the forecast period. Underpads market by region is categorized into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. In 2022, Europe made up the largest share of revenue generated by the underpads market.

Major Companies and Competitive Landscape
The report also provides analysis of the key companies of the industry and their detailed company profiles including Attends Healthcare Products Inc., Berry Global, Inc, Best Wellness Innovation Group Limited, Cardinal Health Inc., Coloplast A/S, Dynarex Corporation, Encompass Group, LLC., Excellent Medical Technology Group Co., Ltd., First Quality Enterprises, Inc., Hangzhou Coco Healthcare Products Co., Ltd., Kimberly-Clark Corporation, Medline Industries Inc., Ontex Group N.V., Romsons Prime Pvt. Ltd., Winner Medical Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global underpads market.
To classify and forecast the global underpads market based on product, age group, distribution channel, care provider, region.
To identify drivers and challenges for the global underpads market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global underpads market.
To identify and analyze the profile of leading players operating in the global underpads market.

Why Choose This Report
Gain a reliable outlook of the global underpads market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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