IMARC Group, a leading market research company, has recently releases report titled “Medical Disposables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global medical disposables market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is Medical Disposables?
Medical disposables encompass a range of items designed for short-term use in healthcare settings to ensure top-notch patient care. Their pivotal role lies in thwarting cross-contamination between medical staff and caregivers during medical procedures and treatments. These disposables are vital components of infection control measures, streamlining tasks for healthcare professionals and contributing to cost-effective healthcare practices. In contrast to reusable alternatives, single-use items bring added convenience, sparing substantial time and sterilization expenses. Examples of frequently employed medical disposables include gloves, face masks, blood bags, needles, and more.
How Big Is the Medical Disposables Market?
The global medical disposables market size reached US$ 432.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 877.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8% during 2024-2032.
What Are The Major Market Drivers In The Medical Disposables Market?
The medical disposables market is experiencing robust growth driven by several key factors. One prominent driver is the surge in hospital-acquired infections (HAIs) and the escalating number of surgical procedures necessitating prolonged hospital stays. Furthermore, the rising incidence of diabetes and cardiovascular diseases, coupled with the expanding elderly population prone to chronic conditions, is further propelling market expansion. Additionally, the increasing demand for single-use and short-term medical supplies, driven by heightened health and hygiene awareness among consumers, is a significant growth catalyst. The incorporation of bioplastics and substantial investments in research and development initiatives are also contributing positively to the global market landscape. Moreover, the development of medical disposables featuring attributes such as breathability, comfort, sterility, and antibacterial properties is fostering market growth. Notably, advancements in healthcare infrastructure and the introduction of enhanced product variations are poised to sustain the upward trajectory of the medical disposables market in the projected timeframe.
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
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- 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).
Key highlights of the Report:
- Market Performance (2018–2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
