Mar 09

Key Findings of the Global Alcohol Prep Pads Market by Technavio

LONDON–(BUSINESS WIRE)–The latest market research report by Technavio
on the global
alcohol prep pads market
predicts a CAGR of more than 10%
during the period 2018-2022.

The report segments the global
alcohol prep pads market
by end-user, including hospitals and
clinics and ASCs and by geography, including the Americas, EMEA, and
APAC. It also provides a detailed illustration of the major factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.

Here are some key findings of the global alcohol prep pads market,
according to Technavio researchers:

  • Growing number of fatal injuries in sports and road accidents: a major
    market driver
  • Increasing availability of online retailers: emerging market trend
  • The Americas dominated the global alcohol prep pads market with 48%
    share in 2017
  • In 2017, hospitals and clinics held the highest market share of 43%

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Growing number of fatal injuries in sports and road accidents: a
major market driver

First aid is majorly used in road accident injuries and sports-related
injuries globally. Patients must undergo surgeries to treat dislocations
and fatal fractures sustained while playing sports or in road accidents.
Alcohol prep pads are used for sterilizing the skin surface to
administer injections or for any incisions before applying first aid.

Some of the reasons for extremity surgeries include corrections of
dislocations, regeneration of bones, and repositioning of bones. Alcohol
prep pads are used to disinfect the wound or clean the surface where the
incision is to be made during surgical procedures. Alcohol prep pads are
essential for any surgical procedure to avoid bacterial contamination,
and this is driving the demand for alcohol prep pads in the market.

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challenges, trends, and more.

Increasing availability of online retailers: emerging market trend

Players in the market are increasing their promotional activities and
online marketing to provide better accessibility to their products and
drive growth. With the onset of online marketing services, the players
can minimize operation, setup, and distribution costs. A number of small
and large players in the market sells medical disposable products such
as alcohol prep pads online and at the same time provide various online
discounts and promotional offers. Online retailing has also benefited
the consumers as they can order products from anywhere and anytime.

According to a senior analyst at Technavio for research on health
and wellness
, “The internet allows consumers to glance and
choose products from a range of varied products offered by the players
through their online websites and portals. It enables improved user
experience, visibility, and brand retention. The advent of online
facilities has enabled the players in the market to showcase their
products and services and generate higher revenue and greater market
share. It has also allowed them to reach out to new, potential customers
and increase their customer base for these products.”

Global market opportunities

In terms of regional dominance, the Americas led the global
alcohol prep pads market
, followed by EMEA and APAC in 2017. The
Americas is expected to continue its dominance throughout the forecast
period due to the increasing number of diagnostic centers across the
region. The market in APAC is expected to be the fastest growing segment
due to the improving healthcare infrastructure in the region.


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