Vietnam Medical Disposables Market, By Product (Disposable Masks, Hand Sanitizers, Wound Management Products, Drug Delivery Products, Diagnostic and Laboratory, Sterilization Supplies, Others), By Raw Material (Plastic Resin, Nonwoven Material, Rubber, Others), By End Use (Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, Others), Competition Forecast & Opportunities, 2027
Vietnam medical disposables market is expected to register robust growth in the forecast period, 2023-2027. Medical disposables refer to the devices and materials utilized in numerous medical fields, such as surgical wear, hygiene, anesthesia, and pediatrics. Medical disposables, as the name suggests, are manufactured for one-time usage. These devices capture a huge part of the medical devices market. In addition, the inflating need for medical disposables owing to the rising number of hospitals is expected to propel the Vietnam medical disposables market in the coming years. The market will further expand due to the continuous development of new and advanced products. The escalating demand for medical disposables products on account of the sudden outbreak of COVID-19 is also driving the market growth. Moreover, the rising number per day of patients in the hospital and increasing demand for hygiene in healthcare facilities propel the market growth.
Rise in Incidence of Hospital Acquired Infections (HAIs) Propels the Market Growth
Healthcare-associated or acquired infections, generally called Hospital Acquired Infections (HAIs), have amplified significantly during the COVID-19 pandemic. The continuous rise in the number of people suffering from an infection such as catheter-associated urinary tract infections (CAUTIs), ventilator-associated events (VAEs), and central-line–associated bloodstream infections (CLABSIs) propel the demand for medical disposables products. In addition, the growth rates for methicillin-resistant Staphylococcus aureus (MRSA) bacteremia are expected to bolster the demand for Vietnam medical disposables market across the medical settings. Medical disposables assist in preventing hospital-acquired infections (HAIs) and support the growing need for diagnosis and treatment across the country.
Increased Demand from Diagnostic Centers Supports the Market Growth
Diagnostic and laboratory disposables are a significant part of consumable products that aid in preventing the possibility of contamination in hospitals, laboratories, and various other medical settings. They are specifically designed for use in research & development and diagnostic tests. Furthermore, they assist in eliminating the reprocessing process and prevent cross contaminations and infections, making it a preferable choice in the medical sector. The growing number of diagnostics tests performed and ongoing research developments in the medical sector further fuel the market demand for the next five years.
High healthcare spending drives the medical disposables market in North America
Numerous government initiatives, a large patient pool, and a well-established healthcare infrastructure are expected to drive the growth of the Vietnam medical disposables market. The expanding adoption of advanced technology and rising awareness regarding infection control and cross-contamination in the medical and healthcare industry are a few significant factors supporting the growth of the Vietnam medical disposables market. The increasing prevalence of chronic disorders on account of the sedentary lifestyle and the presence of a large number of market players involved in the medical disposable product development are projected to fuel the growth of Vietnam medical disposables market demand in the next five years.
Market Segmentation
Vietnam medical disposables market is segmented into product, raw materials, end-use, regional distribution, and competitive landscape. Based on product, the market is divided into disposable masks, hand sanitizers, wound management products, drug delivery products, diagnostic and laboratory, sterilization supplies, and others. Based on raw materials, the market is divided into plastic resin, nonwoven material, rubber, and others. Based on end use, the market is divided into hospitals, home healthcare, outpatient/primary care facilities, and others. To analyze the market based on the region, the Vietnam greenhouse market is studied in major regions namely north, south, and central.
Market Players
Sterimed Medical Devices Pvt. Ltd., Getz Healthcare (Vietnam), 3M Vietnam Limited, BD Vietnam Co. Ltd, and Medline Industries Vietnam, are the leading market players operating in Vietnam medical disposables market.
Report Scope:
In this report, Vietnam medical disposables market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook