Medical Disposables Market is set to Grow at a Remarkable Pace by 2033
The Medical Disposables Market revenues were estimated at US$ 153.5 Billion in 2022 and is anticipated to grow at a CAGR of 7.1% from 2023 to 2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 326.4 Billion. Bandages and Wound Dressings commanded the largest revenue share in 2022 and is expected to register a CAGR of 6.8% from 2023 to 2033.
The rising incidence of Hospital Acquired Infections, an
increasing number of surgical procedures, and the growing prevalence of chronic
diseases leading to longer hospital admission have been the key factors driving
the market.
The subsequent spike in the number of chronic illness cases
and a rise in the rate of hospitalizations has fuelled the field of emergency
medical disposables growth. The expansion of the medical disposables market is
being fuelled by an increase in the prevalence of hospital-acquired illnesses
and disorders, as well as a greater focus on infection prevention. For example,
the prevalence of healthcare-associated infection in high-income countries
ranges from 3.5% to 12%, whereas it ranges from 5.7% to 19.1% in low and
medium-income countries.
Competitive Landscape
The key companies in the
market are engaged in mergers, acquisitions and partnerships.
The key players in the
market include 3M, Johnson & Johnson Services, Inc., Abbott, Becton,
Dickinson & Company, Medtronic, B. Braun Melsungen AG, Bayer AG, Smith and
Nephew, Medline Industries, Inc., and Cardinal Health.
Browse More Details@ https://www.futuremarketinsights.com/reports/medication-dispenser-market
Market Segments Covered in Medical Disposables
Industry Analysis
By Product Type:
- Surgical
Instruments & Supplies
- Would Closures
- Procedural Kits & Trays
- Surgical Catheters
- Surgical Instruments
- Plastic Surgical Drapes
- Infusion
and Hypodermic Devices
- Infusion Devices
- Hupodermic Devices
- Diagnostic
& Laboratory Disposables
- Home Testing Supplies
- Blood Collection Sets
- Disposable Labware
- Others
- Bandages
and Wound Dressings
- Gowns
- Drapes
- Face Masks
- Others
- Sterilization
Supplies
- Sterile Containers
- Sterilization Wraps
- Sterilization Indicators
- Respiratory
Devices
- Prefilled Inhalers
- Oxygen Delivery Systems
- Anesthesia Disposables
- Others
- Dialysis Disposables
- Hemodialysis Products
- Peritoneal Dialysis Products
- Medical & Laboratory Gloves
- Examination Gloves
- Surgical Gloves
- Laboratory Gloves
- Others
By Raw Material:
- Plastic Resin
- Nonwoven Material
- Rubber
- Metals
- Glass
- Other Raw Materials
By End-use:
- Hospitals
- Home Healthcare
- Outpatient/Primary Care Facilities
- Other End-uses
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