Medical Disposables Market 2024, Size, Share, Demand, Key Players, Growth and Forecast, 2032

Written by vishalguptaimarc  »  Updated on: February 19th, 2024

Medical Disposables Market 2024, Size, Share, Demand, Key Players, Growth and Forecast, 2032
IMARC Group's report titled "Medical Disposables Market Report 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, and Others), Raw Material (Plastic Resin, Nonwoven Material, Rubber, Paper and Paperbound, Metals, Glass, and Others), End Use (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, and Others), and Region 2024-2032". 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.

For an in-depth analysis, you can refer sample copy of the report:

Factors Affecting the Growth of the Medical Disposables Industry:

Increasing Healthcare Expenditure:

The rising healthcare expenditure worldwide represents one of the crucial factors impelling the growth of the market. Governments, as well as private sectors, are allocating substantial resources to enhance healthcare infrastructure and services. This influx of funding is leading to an increase in the demand for medical disposables, encompassing a wide range of products, such as gloves, syringes, surgical gowns, and face masks. Medical disposables play a pivotal role in ensuring hygiene and preventing the spread of infections in healthcare settings.

Aging Population:

The elderly population often requires ongoing medical attention, including frequent hospital visits, diagnostic tests, and treatments. This is catalyzing the demand for medical disposables, such as catheters, wound dressings, and mobility aids. Additionally, surgical procedures, which are more common among the elderly, rely heavily on disposable medical products to ensure sterility and minimize the risk of infections. Moreover, healthcare providers and institutions are increasingly relying on disposable products to meet the specialized needs of their aging patient populations, making the medical disposables a vital component of the healthcare industry.

Stringent Infection Control Measures:

Stringent infection control measures are supporting the market growth. In healthcare settings, the prevention of infections is of utmost importance to safeguard patients and healthcare workers alike. As a result, there is a shift towards the use of single-use medical disposables to minimize the risk of contamination and cross-infection. Hospitals, clinics, and other healthcare facilities are increasingly adopting disposable products, including gloves, masks, disposable gowns, and sterile drapes, to uphold strict hygiene standards. Disposable medical supplies not only reduce the risk of transmitting infections, but also simplify healthcare processes by eliminating the need for extensive sterilization procedures.

Leading Companies Operating in the Global Medical Disposables 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
Terumo Cardiovascular Systems Corporation (Terumo Medical Corporation)

Medical Disposables Market Report Segmentation:

By Products:

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

Sterilization supplies represent the largest segment as they are essential for restricting the spread of infections.

By Raw Material:

Plastic Resin
Nonwoven Material
Paper and Paperboard

Plastic resin exhibits a clear dominance in the market due to its durability.

By End Use:

Home Healthcare
Outpatient/Primary Care Facilities

Hospitals account for the majority of the market share. They heavily rely on medical disposables to conduct various surgical procedures.

Regional Insights:

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

North America's dominance in the medical disposables market is attributed to medical investment in the production of various effective medical disposables.

Global Medical Disposables Market Trends:

Ongoing advancements in materials, manufacturing processes, and product design are leading to the development of more efficient and user-friendly medical disposables. These innovations enhance the performance, safety, and usability of disposable medical products. Moreover, the introduction of ergonomic and eco-friendly materials, as well as features like safety mechanisms in syringes, is improving the overall quality of disposable medical items. Furthermore, innovations not only meet the evolving needs of healthcare by replacing older, less efficient alternatives. Regulatory bodies worldwide enforce strict standards and guidelines related to healthcare product safety and quality. Medical disposables must comply with these regulations to be approved for use. As a result, healthcare facilities rely on certified and compliant disposable products to ensure patient safety and avoid legal repercussions.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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