Medical Disposables Market Size, Share & Trends Analysis Report By Product (Wound Management Products, Drug Delivery Products), By Raw Material (Plastic Resin, Nonwoven Material), By End-use, By Region, And Segment Forecasts, 2023 - 2030

Medical Disposables Market Size, Share & Trends Analysis Report By Product (Wound Management Products, Drug Delivery Products), By Raw Material (Plastic Resin, Nonwoven Material), By End-use, By Region, And Segment Forecasts, 2023 - 2030

Medical Disposables Market Growth & Trends

The global medical disposables market size is projected to reach USD 1,510.08 billion by 2030, registering a CAGR of 17.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market growth is driven by the rising chronic disorders such as urological disorders, cancer, stroke, cardiovascular disorders, chronic renal disease, neurovascular diseases, growing aging population, technological advancements, increasing number of surgeries globally, increasing demand for single-use products in various end-use facilities, and increased investments in healthcare infrastructure.

Increasing public awareness about the risks associated with Healthcare-Associated Infections (HAIs) has led to a growing demand for safer healthcare practices. Patients and healthcare providers have become increasingly conscious of the importance of infection prevention in healthcare settings. To reduce the risk of infection transmission, there has been widespread adoption of disposable medical products, such as disposable syringes and sterile gloves. These products are designed for single-use and are discarded after each patient encounter, eliminating the risk of cross-contamination and ensuring that patients receive treatment from sterile equipment. This shift towards greater emphasis on infection prevention and the use of disposable medical products shows a significant transformation in healthcare practices, driven by the need for patient safety and the need to reduce the incidence of HAIs. Thus, due to such factors, the demand for medical disposables will increase in the near future.

Medical Disposables Market Report Highlights

• In terms of product, the sterilization supplies segment dominated the market with a revenue share of over 10.82% in 2022. Autoclaves, sterilization pouches, and chemical indicators play a pivotal role in infection control within healthcare settings
• Based on raw material, the plastic resin segment dominated the market in 2022 with a revenue share of 57.58%, as these are highly versatile raw materials that can be used in a wide range of medical device applications
• In terms of end use, the hospitals segment dominated the market in 2022 with a revenue share of 53.65% as they serve a large patient population. They provide a wide range of medical services, from routine check-ups to complex surgeries, making them a primary point of access for healthcare for many people
• Based on region, in 2022, North America held the largest revenue share of about 33.38%. The growth is attributed to the region’s well-established healthcare infrastructure, a large number of hospitals, healthcare facilities, and medical professionals

Please note The report will be delivered in 2-3 business days upon order notification.