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The global medical disposables market size attained a value of about USD 432.75 billion in 2023, driven by the rising demand for medical disposables. The market is further expected to grow at a CAGR of 16.60% during the forecast period of 2024-2032 to reach nearly USD 1,723.94 billion by 2032.
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Based on end use, the home healthcare segment is expected to exhibit a significant growth during the forecast period. Needles, syringes, lancets, solid bandages, disposable sheets, and gloves are among the most common medical disposables in the home healthcare market.
Because of the growing geriatric population, the demand for home healthcare is rapidly increasing. Over the forecast period, the growing health concerns and the rising prevalence of various lifestyle disorders are expected to drive the demand for medical disposables.
Geographically, the medical disposables industry in North America is expected to have a significant growth rate during the forecast period owing to the increase in the number of surgeries, rising prevalence of chronic diseases such as diabetes and obesity, and the presence of major market players in the region. Moreover, a surge in the number of COVID-19 patients in the region has further boosted the demand for medical disposables.
Medical disposables are devices that are intended to be used once or for a limited period of time. They are easy to use and do not necessitate any upkeep or sanitation. Medical disposables include hypodermic needles, syringes, applicators, bandages and wraps, drug tests, exam gowns, face masks, gloves, suction catheters, and surgical sponges, among others. The primary motivation for developing disposable devices is to prevent infection.
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On the basis of the product, the industry can be segmented into:
Based on raw material, the industry can be divided into:
Based on end use, the industry can be categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The rising incidences of hospital acquired infections (HAIs) and the growing number of surgical procedures are driving the medical disposables industry. The growing geriatric population worldwide as well as the rising demand for medical disposables due to the growing number of hospitals have been propelling the market forward. In addition, the SARS-CoV-2 outbreak has boosted the demand for hospital supplies like cleaning products, gowns, antiseptics, emergency supplies, medications, and medical disposables. The COVID-19 outbreak and the rising hospital admissions around the world have significantly increased the demand for medical disposables. In addition, the increased focus on infection prevention in the healthcare sector is driving up demand for single-use, high-value-added nonwoven garments and textiles in hospitals and outpatient facilities.
Over the forecast period, the market for medical disposables is expected to be driven by the rising prevalence of chronic diseases such as diabetes and cardiovascular diseases. Furthermore, continuous research and development activities in the industry to develop improved products are expected to significantly contribute to the market growth.
The report gives a detailed analysis of the following key players in the global medical disposables market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Raw Material |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for medical disposables attained a value of USD 432.75 billion.
The market is anticipated to grow at a CAGR of 16.60% during the forecast period of 2024-2032 to reach a value of USD 1,723.94 billion by 2032.
The growing geriatric population worldwide and rising demand for medical disposables due to the growing number of hospitals are expected to propel the growth of the market over the forecast period.
The key market trends guiding the growth of the industry include the increased focus on infection prevention in the healthcare sector.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Wound management products, diagnostic and laboratory disposables, dialysis disposables, incontinence products, sterilisation supplies, drug delivery products, respiratory supplies, non-woven disposables, disposable masks, disposable eye gears, disposable gloves, and hand sanitisers, among others are the significant products considered within the market report.
The different raw materials for the product are rubber, plastic resins, non-woven materials, paper and paperboard, metals, and glass, among others.
The major end users of the product include hospital, home healthcare, outpatients/primary care facilities, among others.
The major players in the industry are Medline Industries, Inc, Smith & Nephew plc, Bayer AG, Becton, Dickinson and Company, 3M COMPANY, Cardinal Health, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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