The Disposable Hospital Supplies Global Market Report 2023 by The Business Research Company, provides disposable hospital supplies market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Disposable Hospital Supplies Global Market Report 2023, the market size is expected to grow from the global disposable hospital supplies market size will grow from $27.97 billion in 2022 to $29.7 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The market size of global disposable hospital supplies is expected to grow to $36.29 billion in 2027 at a CAGR of 5.1%.
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. According to the World Health Organization report published on the 3rd of July 2020, there were 10,719,946 COVID-19 confirmed cases including 323,412 deaths 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 is segmented:
1) By Type: Gloves, Drapes, Gowns, Needles, Syringes, Procedure Kits And Trays, Bandages, Masks
2) By Product: Diagnostic Supplies, Dialysis Consumables, Radiology Consumables, Infusion Products, Incubation & Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Non-Woven Medical Supplies, Wound Care Consumables, Other Products
3) By End-Users: Hospitals, Clinics/Physician Offices, Assisted Living Centers & Nursing Homes, Ambulatory Surgery Centers, Research Institutes
The increase in production capacities by various players dealing in the disposable hospital supplies market amid coronavirus outbreaks is a leading trend shaping the growth of the industry. For instance, on 15th May 2020, Honeywell announced plans to build a new production line in Scotland, UK with the capacity of producing 4.5 million FFP3 and FFP2 disposable face masks every month. These masks are likely to assist the UK government’s response to the COVID-19 outbreak. Thus, the expansion of production capacities to meet the increased demand for disposable medical supplies is projected to generate higher revenues for the market during 2020.
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. Disposable Hospital Supplies Market Size And Growth
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26. Africa Disposable Hospital Supplies Market
27. Disposable Hospital Supplies Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Disposable Hospital Supplies Market
29. Disposable Hospital Supplies Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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