The Disposable Hospital Supplies Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Disposable Hospital Supplies Global Market Report 2024, The disposable hospital supplies market size has grown strongly in recent years. It will grow from $30.2 billion in 2023 to $32.04 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing healthcare expenditure, rising incidence of infectious diseases, stringent regulatory standards, growing aging population, globalization of healthcare.
The disposable hospital supplies market size is expected to see strong growth in the next few years. It will grow to $40.05 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to rising healthcare investments, prevalence of chronic diseases, global pandemic preparedness, evolving regulatory landscape, environmental sustainability initiatives. Major trends in the forecast period include technological innovations, telehealth expansion, advancements in medical technology, increased emphasis on cost efficiency, rising adoption of single-use devices.
The increasing number of COVID-19 cases across the globe is projected to surge the demand for disposable hospital supplies. The rapid surge in coronavirus cases is generating huge demand for personal protective equipment (PPE) and other disposable supplies to protect healthcare workers from infections in their daily operations. For instance, in September 2023, according to the World Health Organization (WHO) Coronavirus (COVID-19) Dashboard, a France-based specialized agency of the United Nations, there have been 770,563,467 confirmed cases of COVID-19, including 6,957,216 deaths, reported to WHO globally. Therefore, the rise in the number of cases across the globe and the growing need for healthcare workers to be protected against the spread of the virus are anticipated to boost the demand for the disposable hospital supplies market over the forecast period.
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The disposable hospital supplies market covered in this report is segmented –
1) Disposable Hospital Supplies Market By Type: Gloves, Drapes, Gowns, Needles, Syringes, Procedure Kits And Trays, Bandages, Masks
2) Disposable Hospital Supplies Market By Product: Diagnostic Supplies, Dialysis Consumables, Radiology Consumables, Infusion Products, Incubation And Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Non-Woven Medical Supplies, Wound Care Consumables, Other Products
3) Disposable Hospital Supplies Market By End-Users: Hospitals, Clinics Or Physician Offices, Assisted Living Centers And Nursing Homes, Ambulatory Surgery Centers, Research Institutes
Top Major Players
Cardinal Health Inc.
Johnson & Johnson Services Inc.
Farbenfabriken Bayer AG
Thermo Fisher Scientific Inc.
Abbott Laboratoies
Major companies operating in the disposable hospital supplies market are developing innovative products such as ClearMask Transparent Surgical Mask Plus to meet customers’ needs. ClearMask Transparent Surgical Mask is the first fully transparent, FDA-cleared and CE-marked mask optimized for maximum clarity and comfort. For instance, in May 2022, ClearMask LLC, a US-based medical supply company launched ClearMask Transparent Surgical Mask to make connections more human and provide clearer communication, especially for those who rely on lip-reading or facial expressions to communicate. The mask is made of lightweight materials and features an anti-fogging design to ensure maximum clarity. The launch of the ClearMask Transparent Surgical Mask Plus demonstrates the ongoing innovation in the disposable mask market, with a focus on improving comfort, communication, and protection.
The disposable hospital supplies market report table of contents includes:
1. Executive Summary
2. Disposable Hospital Supplies Market Characteristics
3. Disposable Hospital Supplies Market Trends And Strategies
4. Disposable Hospital Supplies Market – Macro Economic Scenario
5. Global Disposable Hospital Supplies Market Size and Growth
…….
32. Global Disposable Hospital Supplies Market Competitive Benchmarking
33. Global Disposable Hospital Supplies Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Disposable Hospital Supplies Market
35. Disposable Hospital Supplies Market Future Outlook and Potential Analysis
36. Appendix
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