Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 576.86 Billion | USD 2245.37 Billion | 16.3% | 2024 |
The global medical disposables market size was worth around USD 576.86 Billion in 2024 and is predicted to grow to around USD 2245.37 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 16.3% between 2025 and 2034.
The report analyzes the global medical disposables market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the medical disposables industry.
Medical disposables are equipment and materials used in a variety of medical disciplines, including surgical wear, cleanliness, anesthesia, and pediatrics. Medical disposables, as the name implies, are designed to be used just once. These devices account for a significant portion of the medical device industry. Furthermore, as the number of hospitals grows, so does the demand for medical disposables. Because of the ongoing development of new and sophisticated goods, the market will continue to grow.
Medical disposables are the products used in the medical field for the prevention of various infections and meet the safety standards set by regulatory bodies. The medical disposables play an important role in the medical field as it lowers the risk of contamination and prevents various infections. These medical disposables include syringes, disposable catheters, gowns, blood glucose test strips, and others. Medical disposables are meant for single use and can be disposed of afterward. The medical disposables are used in surgery, drug delivery, wound care, patient examination, and in other procedures. The medical disposable products maintain safety standards, hygiene, and prevention of infectious diseases. These devices are manufactured with medical grade material and packed in a sterilized condition.
A surge in hospital-acquired infections may boost the demand for medical disposables.
The rise in hospital-acquired infection is a major driver of the medical disposables sector. Surgical site infections, catheter-associated urinary tract infections, ventilator-associated pneumonia, central line-associated bloodstream infections, hospital-acquired pneumonia, and Clostridium difficile infections are all illnesses that occur while receiving medical care in a hospital.
As a result, the need for disposable medical products such as hypodermic needles, prefilled syringes, and others is increasing, which is boosting the global medical disposables market. Hospital-acquired bacterial, viral, and fungal diseases impact 15 percent of all patients in hospitals, according to the World Health Organization (WHO) and this number is projected to increase. As a consequence, the disposable medical devices market is expected to increase between 2021 and 2028.
Stringent government regulations may hinder market growth over the forecast period.
Demand for disposable medical devices significantly increased in the last couple of years and the current COVID-19 pandemic boosted their need significantly. However, such medical devices require approval from many medical regulators such as FDA, WHO, etc. Owing to stringent rules for the materials use, manufacturing process, clinical trials, and efficacy many disposable medical products failed in the regulatory process which limits the entry of new products into the market, which in turn affects the overall market growth.
Technical advancement in disposable medical supplies is projected to offer better growth opportunities for market expansion.
The important trends in the global medical disposables market include technological developments in medical supplies for home care settings. To maintain their market position, major manufacturers are focusing on expanding their product line with new tech. When compared to cost-effective reusable medical supplies, single-use or disposable medical gadgets are expected to save a substantial amount of money by 2028. Furthermore, such medical supplies aid in infection prevention and eliminate the time-consuming & difficult procedure of recycling the supplies. All these factors are likely to boost the market.
An increase in disposable medical waste poses a major challenge to market growth.
The increased waste created by disposable medical equipment is one of the issues that is expected to stymie the market's expansion. In many emerging countries proper disposal of medical waste is still a major issue. This is primarily due to low awareness about the hazards of medical waste, the willingness of health ministries, and the lack of stringent laws and their executions. Due to all these reasons amount of medical waste has already increased at an alarming level and it is expected to increase more due to rising demands.
The global medical disposables market is segmented based on Product Type, Material, Application, End-User, and region.
Based on Product Type, the global medical disposables market is divided into Gloves, Masks, Syringes, IV Kits, Surgical Drapes, Catheters, Blood Collection Products, Others.
On the basis of Material, the global medical disposables market is bifurcated into Plastic Resin, Nonwoven Material, Rubber, Glass, Others.
By Application, the global medical disposables market is split into Surgical, Diagnostic, Wound Care, Infection Control, Others.
In terms of End-User, the global medical disposables market is categorized into Hospitals, Clinics, Ambulatory Surgical Centers, Homecare Settings, Diagnostic Centers.
Report Attributes | Report Details |
---|---|
Report Name | Medical Disposables Market |
Market Size in 2024 | USD 576.86 Billion |
Market Forecast in 2034 | USD 2245.37 Billion |
Growth Rate | CAGR of 16.3% |
Number of Pages | 204 |
Key Companies Covered | Boston Scientific Corporation, Abbott Laboratories, B. Braun Melsungen AG, Medtronic plc, Johnson and Johnson, Smith and Nephew plc, 3M Company, Pfizer Incorporated, Terumo Corporation, Cardinal Health ,, and others. |
Segments Covered | By Product Type, By Material, By Application, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Recent Developments
North America is expected to lead the global market over the forecast period.
North America led the global medical disposables market in revenue share in 2021, with more than 34 percent, due to the presence of large firms in the area and the growing number of surgical treatments. Furthermore, the increase in the number of Covid-19 patients in this region has boosted the need for medical disposables. According to information released by the World Health Organization (WHO) on April 20, 2020, approximately 33,909 open cases were accounted for in Canada, with 1,509 new verified cases.
Furthermore, the number of cases is projected to increase significantly in the coming month or two. These factors are projected to increase regional demand for medical disposables. The market in the Asia Pacific is expected to expand the fastest over the forecast period, owing to the rising prevalence of cardiovascular problems and the growing older population. It is one of Covid-19's worst-affected locations. Covid-19 instances have been found in unusually high numbers in India, South Korea, and China. Furthermore, the densely populated regions inside this region make it simpler for the disease to spread widely. During the projected period, a larger number of prospective patients in this area is likely to drive market expansion.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the medical disposables market on a global and regional basis.
The global medical disposables market is dominated by players like:
By Product Type
By Material
By Application
By End-User
By Region
FrequentlyAsked Questions
The global medical disposables market is expected to grow due to increasing healthcare expenditures, a rising prevalence of hospital-acquired infections, and a growing aging population requiring more medical interventions.
According to a study, the global medical disposables market size was worth around USD 576.86 Billion in 2024 and is expected to reach USD 2245.37 Billion by 2034.
The global medical disposables market is expected to grow at a CAGR of 16.3% during the forecast period.
North America is expected to dominate the medical disposables market over the forecast period.
Leading players in the global medical disposables market include Boston Scientific Corporation, Abbott Laboratories, B. Braun Melsungen AG, Medtronic plc, Johnson and Johnson, Smith and Nephew plc, 3M Company, Pfizer Incorporated, Terumo Corporation, Cardinal Health ,, among others.
The report explores crucial aspects of the medical disposables market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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