Press release
Disposable Hospital Supplies Market Anticipated To Witness Robust Growth, Surpassing $35 Billion By 2029
Disposable Hospital Supplies
How Big Is the Disposable Hospital Supplies Market Size Expected to Be by 2034?
In recent years, there has been a significant increase in the size of the disposable hospital supplies market. The market is set to rise from $26.11 billion in 2024 to $27.81 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.5%. The growth experienced during the historical period can be credited to factors such as increased healthcare spending, a rise in infectious diseases, rigid regulatory standards, an aging population, and the global expansion of healthcare.
The market for disposable hospital supplies is anticipated to experience significant expansion in the forthcoming years, with a projected growth up to $35 billion by 2029, with a 5.9% Compound Annual Growth Rate (CAGR). Factors contributing to its growth in the forecast period include increased healthcare investments, the widespread presence of chronic diseases, preparedness for global pandemics, changes in regulatory standards, and efforts towards environmental sustainability. Key trends during this forecast period encapsulate technological advancements, expansion of telehealth, progression in medical technology, heightened focus on cost-effectiveness, and the growing preference for single-use devices.
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What Are the Emerging Segments Within the Disposable Hospital Supplies Market?
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 Long-Term Drivers Are Shaping Disposable Hospital Supplies Market Trends?
The escalation in COVID-19 cases worldwide is anticipated to amplify the need for disposable hospital supplies. The swift increase in COVID-19 cases is creating a massive demand for personal protective equipment (PPE) and other disposable items to safeguard healthcare workers from infections during their routine duties. For instance, as reported by the World Health Organization, an international organization based in Switzerland, the count of new cases of COVID-19 rose by 4% in the 28-day period from December 11, 2023, to January 7, 2024, in comparison to the prior 28-day duration, recording over 1.1 million new cases. Therefore, the escalating number of Covid-19 cases is fuelling the expansion of the disposable hospital supplies market.
Who Are the Top Competitors in Key Disposable Hospital Supplies Market Segments?
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, inson 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.
What Are the Major Trends Shaping the Disposable Hospital Supplies Market?
Leading businesses that are part of the disposable hospital supplies market have started producing cutting-edge products such as the ClearMask Transparent Surgical Mask Plus to fulfill customer needs. The ClearMask Transparent Surgical Mask Plus is the first completely transparent mask that has been cleared by the FDA and CE-marked, designed for optimal clarity and comfort. For instance, in May 2022, ClearMask LLC, an American medical supplies firm, introduced this mask aiming to make human connections more meaningful and enhance communication clarity, particularly beneficial for those who depend on lip-reading or facial expression for communication. The mask, made from lightweight material, comes with an anti-fogging design to provide optimal clarity. This launch of ClearMask Transparent Surgical Mask Plus is a reflection of the continuous innovation happening in the disposable mask industry, aiming to enhance comfort, communication, and safety.
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Which Regions Are Becoming Hubs for Disposable Hospital Supplies Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Disposable Hospital Supplies Market?
2. What is the CAGR expected in the Disposable Hospital Supplies Market?
3. What Are the Key Innovations Transforming the Disposable Hospital Supplies Industry?
4. Which Region Is Leading the Disposable Hospital Supplies Market?
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