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Disposable Hospital Supplies Market Analysis 2023: Growth Rate, Insights, Outlook And Trends Report 2032 | Abbott Laboratories, Bayer AG, Becton, Dickinson and Company, Cardinal Health Incorporated
Disposable Hospital Supplies Market
The Business Research Company's Disposable Hospital Supplies Global Market Report 2023 identifies increasing number of COVID-19 cases across the globe as the major driver for the Disposable Hospital Supplies market's growth in the forecast period. 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.
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global disposable hospital supplies is expected to grow to $36.29 billion in 2027 at a CAGR of 5.1%.
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Major competitors in the Disposable Hospital Supplies market are Abbott Laboratories, Bayer AG, Becton, Dickinson and Company, Cardinal Health Incorporated.
A key trend in the Disposable Hospital Supplies market includes environmental concerns associated with the improper disposal of non-reusable hospital supplies. In healthcare facilities, disposable gloves and gowns are widely used to maintain a sterile environment and reduce the risk of spreading infections during the pandemic. Improper disposal of supplies including gloves, gowns, masks, and other personal protective equipment used during the monitoring and treatment of COVID-affected patients poses a high risk of virus spread. Environmental regulatory bodies are imposing stringent rules for the proper and managed disposal of hospital wastes. For instance, in the USA, contaminated gloves are disposed of in orange-lidded containers or orange bags based on the law guidance laid by the Royal College of Nursing.
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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
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Disposable Hospital Supplies market.
The Business Research Company's "Global Disposable Hospital Supplies Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Disposable Hospital Supplies Market Include:
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
……
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
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