Medical Disposables Market to Reach USD 160 Billion by 2027
Medical disposables are materials that intend for one-time use for the prevention of infections and to meet the medical standards. Medical disposable can be any instrument or surgical device and they are used to lower the risk of cross-contamination and infections that is a prime goal of any healthcare professionals and government around the globe. Medical disposables are conventional syringes, disposable medical catheters, isolation gowns, procedure kits and trays, blood glucose test strips, and wound care products. They can be used in surgery, drug and fluid delivery, wound management, diagnostic testing, patient examination, incontinence management, sterilization, and to reduce the discomfort of the patient. The market of medical disposable is gaining traction due to the growing need for safety and prevention from infections across the various medical field.
Growing demand in the preventive measures for hospital-acquired infections and is the prime factor fueling the market growth
The growing incidence of hospital-acquired infections and diseases and the increased focus on prevention from these infections are propelling the growth of the medical disposables market. For instance, the data given by World Health Organization (WHO) shows that the prevalence of healthcare-associated infection in 2010, in developed countries, was 3.5% to 12% and it varies between 5.7% and 19.1% for low and middle-income countries. Moreover, growing geriatric population base rates, increasing incidence of incontinence problems, and growing demand for sophisticated healthcare facilities are some of the major factors fueling the growth of medical disposables. However, the high cost of the medical disposable and restricted coverage for various medical services and the presence of substitute products are projected to hamper the market growth.
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Drug delivery disposables segment dominates in the medical disposables market owing to the application of drug delivery products for sustained release drug therapies
The global medical disposables market is segmented by materials, by product type, by the end-user, and by region
Based on materials, the medical disposable market is segmented into
- Nonwoven Material
- Plastic resins
- Paper and paperboard
- Rubber
- Metals
- Glass
- Others
Based on product type, the medical disposable market is segmented into
- Drug Delivery Disposables
- Tubes
- Contact lens
- Syringes
- Others
- Wound management supplies
- Non-woven medical disposables
- Surgical masks
- Surgical drapes
- Surgical caps
- Surgical gowns
- Shoe covers
- Sterile nonwoven swabs
- Others
- Other disposables
Based on end-users medical disposables market is segmented into
- Hospitals
- Clinics
- Ambulatory Surgical Center
- Home healthcare
- Others
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High healthcare spending drives the medical disposables market in North America
Regional segmentation of the medical disposables market by Coherent Market Insights comprises North America, Latin America, Europe, Africa, Asia Pacific, and the Middle East. North America is dominating the overall market due to rising government initiatives, large patient pool, well-established healthcare infrastructure, and higher adoption rate of advanced technology are the major factors contributing to the domination of North America in the global medical disposables market. The Asia Pacific is also a fast emerging market for medical disposables and this can be attributed to growing cases of chronic disorders due to sedentary lifestyle, presence of a large number of players involved in the medical disposable product development, such as India and Japan, are expected to fuel the growth of medical disposables market.
Strong brand image and presence of robust product portfolio positions international players as key participants in the medical disposables market
Key players operating the medical disposables market include Abbott Laboratories, Johnson & Johnson, Ansell Limited, Becton and Dickinson Company (BD), Boston Scientific Corporation, Medtronic Incorporated, Derma Sciences Incorporated, Kinetic Concepts, Medline Industries Inc., Cardinal Health Incorporated, and Minnesota Mining and Manufacturing Company (3M Company). International players such as 3M Company and Johnson & Johnson are dominating the medical disposables market.
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