Press release
2025-2034 Disposable Hospital Supplies Market Roadmap: Insights for Competitive Advantage
Disposable Hospital Supplies
How Large Will the Disposable Hospital Supplies Market Size By 2025?
There has been significant growth observed in the disposable hospital supplies market size recently. The market, which is projected to escalate from $26.11 billion in 2024 to $27.81 billion in 2025, will witness an annual compound growth rate (CAGR) of 6.5%. The substantial growth in the historic period is due to several factors including enhanced healthcare spending, a surge in infectious diseases, rigid regulatory benchmarks, a rising elderly population, and the expansion of healthcare on a global scale.
How Big Is the Disposable Hospital Supplies Market Size Expected to Grow by 2029?
Expectations are high for the disposable hospital supplies market, with substantial growth predicted in the approaching years. It is anticipated that the market will expand to $35 billion by 2029, benefiting from a compound annual growth rate (CAGR) of 5.9%. Factors driving this predicted growth throughout the forecast period include increased investment in healthcare, escalation in chronic disease prevalence, readiness for global pandemics, adjustments to the regulatory environment, and initiatives focused on environmental sustainability. Key trends for the forecast period incorporate technological innovation, the broadening of telehealth, medical technology advancements, a higher focus on cost efficiency, and a surge in the adoption of single-use devices.
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Which Key Market Drivers Powering Disposable Hospital Supplies Market Expansion and Growth?
The escalating counts of COVID-19 cases worldwide is predicted to escalate the need for disposable hospital supplies. This rapid increase in COVID-19 cases has created an enormous demand for personal protective equipment (PPE) and other disposable materials, essential to safeguard healthcare professionals against infections during their daily work. For example, the World Health Organization, based out of Switzerland, reported in January 2024, a 4% increase in new COVID-19 cases during the span of 28-days from 11 December 2023 to 7 January 2024 compared to the preceding 28-day duration, accounting to over 1.1 million new cases. As a result, the escalating counts of COVID-19 cases push the growth of the disposable hospital supplies market.
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Which Fast-Growing Trends Are Poised to Disrupt the Disposable Hospital Supplies Market?
Top firms in the disposable hospital supplies market, like ClearMask LLC, are focusing on innovation to cater to their clientele's needs, an example being the ClearMask Transparent Surgical Mask Plus. The product, which received FDA clearance and CE marking, is the first-ever entirely transparent surgical mask, designed to maximize both visibility and comfort. In May 2022, ClearMask LLC, a US-based medical supply company, introduced the ClearMask Transparent Surgical Mask, a pioneering product that enhances human interaction and provides better communication options for individuals reliant on lip-reading or facial expressions. Its lightweight material and anti-fogging feature ensure maximum visibility. The introduction of ClearMask Transparent Surgical Mask Plus underscores the continuing innovation in the disposable mask sector, with emphasis on enhancing comfort, communication, and safety.
What Are the Emerging Segments in 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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Who Are the Global Leaders 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.
Which are the Top Profitable Regional Markets for the Disposable Hospital Supplies Industry?
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.
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