Disposable Medical Supplies Market was valued at $49 billion in 2016, and is estimated to reach $79 billion by 2023, growing at a CAGR of 7.3% during the forecast period. Disposable medical products play a critical role in every medical, dental, and veterinary practice. The need for disposable medical supplies has witnessed consistent growth, as hospitals and outpatient facilities are implementing stringent infection prevention safety measures to be at par with the standards. The disposable medical supplies include blood glucose test strips, procedure kits and trays, conventional syringes with needles, facemasks, prefilled syringes, isolation gowns, disposable medical catheters, adult incontinence products, wound care products, surgical drapes, medical gloves, disposable contact lenses and lancing devices. Medical disposables have been designed with the purpose of reducing discomfort and distress in patients.
The adoption of disposable medical supplies has witnessed significant uptake as the incidence of diseases and disorders have grown significantly. On the other hand swiftly rising Aging population and penalties for hospital acquired infection are the other factors that drive the growth of the global disposable medical supplies market. Based on Type, the market is segmented into Diagnostic Supplies, Wound Care Consumables, Dialysis Consumables, Radiology Consumables, Infusion Products, Intubation & Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Nonwoven Medical Supplies, and Other Types. Diagnostic Supplies further sub segmented into Glucose Monitoring Strips, Blood Collection Consumables, and others. Wound Care Consumables covers Infection Management, Exudate Management, and Negative Pressure Wound Therapy Devices (NPWT). Infusion Products segmented into Smart Syringes and Prefilled Syringes. Nonwoven Medical Supplies segment further includes Incontinence Products and Surgical Nonwoven Products. The End user segment includes Hospitals, Clinics/Physician Offices, Assisted Living Centers & Nursing Homes, Ambulatory Surgery Centers, and Research Institutes. The application covered under the report are Cardiovascular, Cerebrovascular, Ophthalmology, Gynecology, Urology, Orthopedics, and others. The report also covers geographical segmentation of Disposable Medical Supplies market. The geographies included in the report are North America, Europe, Asia-Pacific, Middle East and Africa. For the better analysis, the geographies are segmented into countries. The market research report covers the analysis of key stake holders of the Global Disposable Medical Supplies Market. Key companies profiled in the report include Abbott Laboratories, Bayer AG, BECTON, Dickinson and Company, B. Braun Melsungen AG, Medtronic Plc, Cardinal Health, Inc., 3M Company, Smiths Group Plc. (Smiths-Medical), Domtar Corporation, and Terumo Medical Corporation.