Industry Overview of Medical Disposables Market
Medical disposables refer to devices, equipment, and consumables that are specifically designed for short-term use in the healthcare sector to deliver high-quality patient care. They play a crucial role in preventing cross-contamination between medical professionals and caregivers during surgical procedures and treatments. They are an integral part of infection control strategies, as these devices simplify tasks for healthcare workers and help to reduce healthcare expenses. As compared to their reusable counterparts, single-use products offer increased convenience, thereby saving significant time and costs associated with sterilization. Some of the commonly used medical disposables include gloves, face masks, blood bags, needles, etc.
How Big Is the Medical Disposables Market?
The global
medical disposables market size reached US$ 396.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 680.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.9% during 2023-2028.
What Are The Major Market Drivers In The Medical Disposables Market?
The growing incidences of hospital-acquired infections (HAIs) and the rising number of surgical procedures requiring longer hospital admissions are primarily driving the medical disposables market. Additionally, the increasing prevalence of diabetes and cardiovascular diseases and the expanding geriatric population who are susceptible to chronic disorders are further catalyzing the market growth. Besides this, the escalating demand for single-use and short-term-use medical supplies, owing to the rising consumer health and hygiene consciousness, is acting as another significant growth-inducing factor. Moreover, the widespread adoption of bioplastics and extensive investments in R&D activities are positively influencing the global market. Apart from this, the development of medical disposables that provide breathability, comfort, sterility, etc., and exhibit antibacterial properties is also stimulating the market growth. Furthermore, numerous improvements in healthcare infrastructures and the introduction of enhanced product variants are anticipated to fuel the medical disposables market over the forecasted period.
What Is Included in Market Segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
- Wound Management Products
- Drug Delivery Products
- Diagnostic and Laboratory Disposables
- Dialysis Disposables
- Incontinence Products
- Respiratory Supplies
- Sterilization Supplies
- Non-woven Disposables
- Disposable Masks
- Disposable Eye Gear
- Disposable Gloves
- Hand Sanitizers
- Others
Breakup by Raw Material:
- Plastic Resin
- Nonwoven Material
- Rubber
- Paper and Paperboard
- Metals
- Glass
- Others
Breakup by End Use:
- Hospitals
- Home Healthcare
- Outpatient/Primary Care Facilities
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Who Are the Key Players Operating In The Industry?
3M Company, Abbott Laboratories, AMMEX Corporation, Ansell Ltd., B Braun Melsungen AG, Becton Dickinson and Company, Boston Scientific Corporation, Cardinal Health Inc., Medline Industries LP, Medtronic plc, Narang Medical Limited, Smith & Nephew plc and Terumo Cardiovascular Systems Corporation (Terumo Medical Corporation).
