Medical Disposables Market Research Report: By Type (Glucose Monitoring Strips, Blood Collection Consumables, Diagnostic Catheters, Dialysis Consumables, Radiology Consumables, Infusion Products, Smart Syringes, Prefilled Syringes, Intubation & Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Nonwoven Medical Supplies, Incontinence Products, Surgical Nonwoven Products, Wound Care Consumables, Infection Management Products, Exudate Management Products, NPWT Devices), Application, End Use - Global Industry Revenue Estimation and Demand Forecast to 2030

Market Overview

The global medical disposables market was valued around $51 billion in 2020, which is projected to progress with healthy growth rate during the forecast period (2021–2030). The major factors responsible for the growth of the market include the booming geriatric population, rising prevalence of chronic diseases, and increasing cases of hospital-acquired infections (HAIs), which have propelled healthcare settings’ focus on infection transmission minimization.

The COVID-19 epidemic has catapulted the medical disposables business from obscurity to prominence. Disposable medical supplies reduce the chances of cross-infection from one patient to another and also from patients to healthcare providers. The demand for personal protective equipment (PPE) has exponentially grown, with the World Health Organization (WHO) implementing guidelines on the use of face masks, gloves, and other pieces of PPE, thus creating a tremendous positive impact on the medical disposables market.

Due to Protective Barrier Qualities, Nonwoven Medical Supplies Category To Witness Fastest Advance

The nonwoven medical supplies category is expected to observe the swiftest growth in the forecast period in the medical disposables market, based on type. This is mainly attributed to the protection these products provide against HAIs. In addition, COVID-19 has also played a big role in boosting the growth of this category.

Due to Increasing Prevalence of Cardiovascular Disorders, Cardiovascular Application Category Was Largest

In 2020, the cardiovascular category held the largest market share in medical disposables market, based on application. This is mainly attributed to the rising number patients suffering from cardiovascular diseases and increasing awareness about the early management of these diseases.

Due to Rising Patient Footfall, Hospitals Are Largest End Use Category

The hospitals category held the largest share in 2020 in the medical disposables industry, based on end use. This was due to the rising patient footfall at such places, as they boast state-of-the-art facilities and trained professionals across disciplines. The high patient footfall leads to a higher chance of HAIs, while the sterilization of reusable devices increases the procedure cost. Thus, hospitals around the world are adopting disposable supplies to not only decrease the prevalence of HAIs but also keep the procedures as cost-effective as possible.

North America Accounted for Largest Market Share owing to Its Growing Geriatric Population

Geographically, North America was the largest contributor to the medical disposables market in 2020, mainly due to the increase in the government spending on research and development (R&D), rise in the aging population, and surge in the prevalence of HAIs. Other factors that lead to the growth of the market are the need to curb the rising healthcare costs and an increase in the prevalence of chronic diseases in the region.

Technological Advancements Are Key Trend

Technological advancements in medical supplies for homecare settings are the key trends being observed in the medical disposables market globally. Major players in the market are focused on enhancing their product portfolio with advanced technologies, to retain their foothold in the market. In 2020, Single-use or disposable medical devices are considered a significant cost saver as compared to cost-effective reusable medical supplies. In addition, such medical supplies help in preventing infection spread and avoiding the labor-intensive and complex process for reusing the supplies.

Rising Demand for HAI Control Measures Is Driving Market

According to a WHO report, the prevalence of HAIs at any given time in developed countries varies from 3.5% to 12% of all those visiting healthcare settings. This prevalence of HAIs varies globally, with 7.1% of the total hospitalized patients in the European countries, as reported by the European Centre for Disease Prevention and Control (ECDC).

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Market Players Are Focusing on Product Launches to Gain a Competitive Edge

In recent years, players in the medical disposables industry have strongly pursued the betterment of their product portfolio. For instance:

• In May 2021, PENTAX Medical Europe, a company catering to the endoscopy field, obtained the CE mark for its new single-use bronchoscope – the PulmoONE. The PulmoONE is a single-use bronchoscope with a good suction power and high-definition (HD) image quality.
• In May 2021, EndoFresh revealed its novel disposable digestive endoscopy system. It has been approved by the Food and Drug Administration (FDA), and it also has the Conformitè Europëenne (CE) mark. It is ideal for gastrointestinal (GI) endoscopy in intensive care units (ICU), emergency rooms (ER), outpatient clinics, and GI suites and for bedside treatment.

Key Players in Medical Disposables Industry include:

Market Size Breakdown by Segment

The global medical disposables market report offers comprehensive market segmentation analysis along with market estimation for the period 2015–2030.

Based on Type

• Glucose Monitoring Strips
• Blood Collection Consumables
• Diagnostic Catheters
• Dialysis Consumables
• Radiology Consumables
• Infusion Products
• Smart Syringes
• Prefilled Syringes
• Intubation & Ventilation Supplies
• Hypodermic Products
• Sterilization Consumables
• Nonwoven Medical Supplies
• Incontinence Products
• Surgical Nonwoven Products
• Wound Care Consumables
• Infection Management Products
• Exudate Management Products
• Negative Pressure Wound Therapy (NPWT) Devices

Based on Application

• Cardiovascular
• Cerebrovascular
• Ophthalmology
• Gynecology
• Urology
• Orthopedics

Based on End Use

• Hospitals
• Clinics/Physician Offices
• Assisted Living Centers & Nursing Homes
• Ambulatory Surgery Centers
• Research Institutes

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
• Asia-Pacific (APAC)
  • Japan
  • China
  •  India
  • Australia
  • South Korea
• Latin America (LATAM)
  • Brazil
  • Mexico,
• Middle East and Africa (MEA)
  • Saudi Arabia
  •  South Africa