Disposable Medical Supplies Market - By Type (Diagnostic Supplies, Dialysis Consumables, Radiology Consumables, Infusion Products, Intubation & Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Nonwoven Medical Supplies, Wound Care Consumables, and Other Medical Supplies), By Application (Cardiovascular, Cerebrovascular, Ophthalmology, Gynecology, Urology, Orthopedics, and Others), By End Users (Hospitals, Clinics/Physician Offices, Assisted Living Centers & Nursing Home)

Disposable Medical Supplies Market was valued at USD 64622.47 million in 2020, and is expected to reach USD 128315.24 million by 2030, registering a CAGR of 7.1% during the forecast period. Disposable medical supplies are medical consumables which are non-durable, that are usually disposable in nature. These supplies cannot survive repeated usage by more than one individual. Development of disposable supplies was aimed at reducing the infections in hospital settings such as bloodstream infections hospital-acquired pneumonia, urinary tract infections, and others. It is protective equipment used to protect healthcare workers against infections and diseases. It also prevent cross contamination between doctor and caregivers and doctor and patient during medical examination, surgical procedure and chemotherapy. It is an integral part of the infection control strategy and their uses regulated by FDA class I reserved medical device. The need for disposable medical supplies has witnessed reliable growth, as hospitals and outpatient facilities are implementing severe infection prevention safety measures to be at par with the standards. Growing rate of disease & disorders and rising aging population are the factors that drive the growth for disposable medical supplies market.

Market Segmentation:

On the basis of product type the market is segmented into diagnostic supplies, dialysis consumables, radiology consumables, infusion products, intubation & ventilation supplies, hypodermic products, sterilization consumables, nonwoven medical supplies, wound care consumables, and other medical supplies. Based on the application the market is classified into cerebrovascular, cardiovascular, ophthalmology, urology, gynecology, orthopedics, and others. Based on the end users the market is divided into hospitals, clinics/physician offices, assisted living centers & nursing homes, ambulatory surgery centers, and research institutes. On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and RoW.

Market Dynamics and Factors:

High necessity for disposable medical supplies and favorable government regulations for their mandated use drive the market. Growth will be driven by increasing volume of patient activity, aging populations, rising epidemiological trends, improvements in developing world healthcare systems, and the acceptance of stricter healthcare infection hindrance protocols throughout the world. However, the insufficient compensation scenario for these products and increase in environmental concerns due to the disposable of medical wastes are expected to restrict the market growth. For instance, according to WHO, about 16 billion injections are administered globally, thus increasing the amount of waste. The market driving by the growing volume of surgeries, growth in the frequency of chronic diseases and growing medical tourism in the region. Increasing number of surgeries will fuel the demand for surgical gowns, hand gloves, drapes, procedure kits and trays, and feeding tube will give a push to the disposable medical supplies market worldwide.  

Geographic Analysis:

North America held the largest share in terms of revenue in the global disposable medical supplies market due to a growing geriatric population in the region, highly developed healthcare infrastructure, and the rising number of ambulatory facilities in the region. Furthermore, developing countries such as China, India, and Brazil are gaining significance for majority of the disposable medical supplies, as they are focusing towards unmet demand for disposable hospital supplies and devices in these countries.

Competitive Scenario:

The key players operating in the disposable medical supplies market are Abbott Laboratories, Cardinal Health Incorporate, Domtar Corporation, Medtronic plc. 3M Company, Becton, Braun (B.) Terumo Corporation, Smiths Group plc. , Bayer AG, and Melsungen AG.

Disposable Medical Supplies Market Report Scope