Press release
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-clea
How Are the key drivers contributing to the expansion of the disposable hospital supplies market?The escalating COVID-19 cases worldwide are anticipated to boost the need for disposable hospital supplies. The quick rise in COVID-19 cases is producing a massive requirement for personal protective equipment (PPE) and various other disposable elements, helping to safeguard healthcare providers from infections during their routine procedures. For example, in January 2024, The World Health Organization, an international organization based in Switzerland, stated that the count of new COVID-19 cases went up by 4% in the 28-day period from 11 December 2023 to 7 January 2024, compared to the last 28-day phase, documenting over 1.1 million fresh cases. Consequently, the surge in the number of Covid-19 cases is propelling the disposable hospital supplies market's expansion.
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What growth opportunities are expected to drive the disposable hospital supplies market's CAGR through 2034?
The market size for disposable hospital supplies has seen significant growth in the past few years. It is projected to expand from $26.11 billion in 2024 to $27.81 billion in 2025, representing a compound annual growth rate (CAGR) of 6.5%. This growth in the historical period can be linked to factors like increased healthcare spending, a rise in the occurrence of infectious diseases, strict regulatory standards, an aging population, and the global expansion of healthcare services.
In the coming years, the market size for disposable hospital supplies is predicted to experience a significant expansion, reaching a value of $35 billion by 2029, with a compound annual growth rate (CAGR) of 5.9%. This predicted growth during the forecasted period can be credited to factors such as increased healthcare investment, the widespread occurrence of chronic diseases, global preparation for pandemics, regulatory changes, and initiatives pushing for environmental sustainability. The main trends expected in this period include technological innovation, the growth of telehealth, advances in medical technology, a greater focus on cost efficiency, and an increase in the utilization of single-use devices.
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What are the emerging trends shaping the future of the disposable hospital supplies market?
Major players in the disposable hospital supplies market are venturing into the production of innovative products like the ClearMask Transparent Surgical Mask Plus to fulfill customer demands. The ClearMask Transparent Surgical Mask represents the first fully transparent mask approved by both FDA and CE, designed with the primary focus on comfort and clarity. For example, ClearMask LLC, an American medical supply firm, launched the ClearMask Transparent Surgical Mask in May 2022, aiming to promote better human interaction and ensure clear communication, especially for individuals dependent on lip-reading or facial expressions. This mask is composed of lightweight elements and incorporates an anti-fogging design for optimal clarity. The release of ClearMask Transparent Surgical Mask Plus underscores the continuous innovation in the disposable mask market, highlighting the emphasis on enhanced comfort, communication, and safety.
Which growth-oriented segments of the disposable hospital supplies market are leading the industry's development?
The disposable hospital supplies market covered in this report 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 And Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Non-Woven Medical Supplies, Wound Care Consumables, Other Products
3) By End-Users: Hospitals, Clinics Or Physician Offices, Assisted Living Centers And Nursing Homes, Ambulatory Surgery Centers, Research Institutes
Subsegments:
1) By Gloves: Latex Gloves, Nitrile Gloves, Vinyl Gloves
2) By Drapes: Surgical Drapes, Non-Surgical Drapes
3) By Gowns: Surgical Gowns, Isolation Gowns, Patient Gowns
4) By Needles: Hypodermic Needles, IV Needles, Specialty Needles
5) By Syringes: Standard Syringes, Safety Syringes, Insulin Syringes
6) By Procedure Kits And Trays: Surgical Procedure Kits, Diagnostic Procedure Kits
7) By Bandages: Adhesive Bandages, Sterile Dressings, Compression Bandages
8) By Masks: Surgical Masks, N95 Respirators, Face Shields
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What regions are leading the charge in the disposable hospital supplies market?
North America was the largest region in the disposable hospital supplies market in 2024. Western Europe was the second largest region in the global disposable hospital supplies market. The regions covered in the disposable hospital supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the disposable hospital supplies market?
Major companies operating in the disposable hospital supplies market include Cardinal Health Inc., Johnson & Johnson Services Inc., Abbott Laboratories, 3M Company, Covidien Limited, Medtronic plc, Medline Industries Inc., Kimberly-Clark Corporation, Becton, Dickinson and Company, Baxter International Inc., Owens & Minor Inc., B Braun Melsungen AG, Terumo Corporation, Steris Corporation, Nipro Corporation, Getinge AB, Molnlycke Health Care AB, Ansell Healthcare LLC, Avanos Medical Inc., Semperit AG Holding, Advanced Sterilization Products Services Inc.
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What Is Covered In The Disposable Hospital Supplies Global Market Report?
•Market Size Forecast: Examine the disposable hospital supplies market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the disposable hospital supplies market for a structured understanding.
•Key Players Overview: Analyze major players in the disposable hospital supplies market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the disposable hospital supplies market.
•Segment Contributions: Evaluate how different segments drive overall growth in the disposable hospital supplies market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the disposable hospital supplies market.
•Industry Challenges: Identify potential risks and obstacles affecting the disposable hospital supplies market.
•Competitive Landscape: Review strategic developments in the disposable hospital supplies market, including expansions, agreements, and new product launches.
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