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The disposable medical supplies market is estimated to grow at a CAGR of 5.8% between 2022 and 2027. The market size is forecasted to increase by USD 38.36 billion. The growth of the market depends on several factors, including the growing need for disposable medical suppliers, the increasing number of hospitalizations and surgical procedures, and the increasing number of people diagnosed with diabetes and infectious diseases.
This disposable medical supplies market report extensively covers market segmentation by end-user (hospital and clinics, ambulatory surgery centers, and others), type (gloves, drapes and gowns, masks, and others), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The growing need for disposable medical suppliers is notably driving market growth, although factors such as environmental concerns associated with the improper disposal of disposable medical supplies may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing need for disposable medical suppliers is notably driving the market growth. End-users prefer disposable medical supplies such as disposable anesthesia face masks instead of reusable devices. Disposable medical supplies prevent the spread of infections. Single-use medical disposable supplies have a lower risk of transmitting infections than reusable medical supplies.
Disposable devices are cost-effective and efficient when compared to reusable devices. The use of disposable medical supplies such as gloves and masks in healthcare facilities has increased owing to the growing focus on preserving hygiene and ensuring the safety of healthcare staff and patients. The demand for disposable hospital supplies such as syringes, needles, masks, drapes, and gowns is driven by the increasing focus of hospitals on meeting regulatory standards. As a result, the global disposable medical supplies market is expanding.
The rising demand for distribution through online channels and retailers is a key trend shaping the market. Manufacturers are focusing on direct channels, merchants, and internet channels for the distribution of different disposable medical supplies. They are providing hospitals with easy access to products because of the expanding marketing and promotional activities online. Manufacturing companies can save their distribution costs by using online branding and marketing strategies. Moreover, hospitals can purchase disposable medical goods from e-commerce sites.
The ease of buying drives up the sales of disposable medical supplies in hospitals through online channels. Products from these channels are unlikely defective and can be obtained quickly during emergency situations. Therefore, during the forecast period, these factors are expected to propel the growth of the global disposable medical supplies market during the forecast period.
Environmental concerns associated with the improper disposal of disposable medical supplies are challenging market growth. The use of disposable medical supplies by healthcare providers has grown significantly over the years to reduce the transmission of infections during medical and surgical procedures. Hospitals frequently use disposable medical supplies such as IV tubing, needles, syringes, surgical drapes, surgical kits, and trays.
Some of the diagnostic and therapeutic processes carried out in hospitals lead to the generation of wastes, which might be radioactive, dangerous, or contagious. For instance, nitrile, vinyl, polyurethane, and neoprene are synthetic materials used to make medical gloves and natural rubber. However, these gloves cannot be recycled, and their disposal in landfills or incinerators can pollute the environment. Therefore, during the forecast period, the adverse effects of improper disposal of disposable medical supplies on the environment can restrain the growth of the global disposable medical supplies market.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Disposable Medical Supplies Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3M Co. - The company offers disposable medical supplies such as disposable surgical gowns, disposable and reusable respirators, cleaning supplies, and lab supplies and testing.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the hospitals and clinics segment will be significant during the forecast period. Hospitals and clinics are the major stakeholders of healthcare facilities and provide both surgical and non-surgical healthcare services.
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The hospitals and clinics segment was valued at USD 38.03 billion in 2017 and continued to grow until 2021. Hygiene and safety measures are of high importance to hospitals and clinics. Therefore, the demand for disposable medical supplies such as gloves, face masks, drapes, bed sheets, syringes, and surgical instruments is high. The growth in the number of hospitals and clinics in developing countries and the rise in government initiatives to develop medical infrastructure have increased the demand for medical testing for diseases. As a result, the number of check-ups being conducted in hospitals is increasing, which is expected to further contribute to the global disposable medical supplies market growth during the forecast period. The number of emergency room (ER) visits in hospitals is increasing, which is expected to further increase the demand for disposable medical supplies.
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North America is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The growth of the market in North America is attributed to factors such as the rising prevalence of infectious diseases, the increasing number of surgical and diagnostic procedures, the growing awareness among healthcare professionals to prevent infections, the strict regulations to maintain hygiene and safety at hospital facilities, supportive government initiatives, and the presence of well-known vendors. Chronic diseases and lifestyle-related illnesses are becoming common in North America. Such conditions require surgical interventions, which boosts the growth of the regional market. The demand for disposable medical supplies is also positively impacted by effective government initiatives to stop infections and ensure safety in healthcare institutions. Such initiatives are anticipated to fuel the expansion of the North American market during the forecast period.
The COVID-19 outbreak in 2020 led to the expansion of the disposable medical supplies market in North America, as people purchased face masks and respirators to stay safe in crowded spaces due to the rising number of COVID-19 cases. However, during the first and second quarters of 2020, manufacturing restrictions, border closures, mobility restrictions, and a decline in overall global trade disrupted the supply chains in North America, which negatively impacted the expansion of the regional disposable medical supplies market. In the third and fourth quarters of 2020, vendors in multiple countries started increasing manufacturing capacities, which reduced the region's supply-demand imbalance. Moreover, widespread vaccination drives and removal of restrictions as well as the resumption of operations led to an increase in the manufacturing of disposable medical supplies products. However, due to the lack of an urgent need after the pandemic, the demand for disposable masks and gloves is projected to increase, and the regional market is anticipated to expand gradually during the forecast period.
The disposable medical supplies market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Technavio categorizes the disposable medical supplies market as a part of the global healthcare supplies market, which primarily covers manufacturers of medical products, including all categories of supplies, such as consumables and disposables, including safety needles, syringes, and catheters. The parent market, the global healthcare supplies market, covers products and companies engaged in R&D of a variety of product categories spanned across medical consumables that are used for the diagnosis and treatment of various diseases. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.
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Disposable Medical Supplies Market Scope |
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Report Coverage |
Details |
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Page number |
174 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.8% |
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Market growth 2023-2027 |
USD 38.36 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.42 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 43% |
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Key countries |
US, Canada, Germany, France, and China |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3M Co., Ambu AS, Ansell Ltd., B.Braun SE, Becton Dickinson and Co., Cardinal Health Inc., Fresenius SE and Co. KGaA, ICU Medical Inc., Johnson and Johnson Services Inc., Medline Industries LP, Medtronic Plc, Molnlycke Health Care AB, Nipro Corp., Semperit AG Holding, Smith and Nephew plc, Smiths Group Plc, Stryker Corp., Teleflex Inc., Terumo Group, and Zhejiang Gongdong Medical Device Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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