Product Code: GVR-1-68038-258-7
Medical Disposables Market Growth & Trends:
The global medical disposables market is anticipated to reach USD 1,510.09 billion by 2030 and is projected to grow at a CAGR of 17.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by various factors such as rising chronic disorders, technological advancements coupled with increasing demand for single-use products in various end-use facilities, and increased investments in healthcare infrastructure.
Technological advancements serve as a crucial catalyst for the expansion of the medical disposables market. Innovations such as smart materials, 3D printing, and nanotechnology have fundamentally transformed the landscape of disposable medical device design and manufacturing. This evolution contributes to heightened efficiency, safety, and overall performance of such devices. The incorporation of these technological breakthroughs facilitates the creation of disposable products characterized by enhanced precision, diminished environmental footprint, and elevated levels of patient comfort.
For instance, in November 2023, Inspira Technologies OXY B.H.N. Ltd. recently disclosed the approval of a grant by the Israeli Innovation Authority (IIA) about its pioneering VORTX Disposable Blood Oxygenation Technology. VORTX is designed with a primary objective of optimizing blood oxygenation and carbon dioxide removal. This engineering approach aims to alleviate prevalent fiber-membrane complications, including device failure, coagulation, and hemolysis. The strategic focus on enhancing oxygenation efficiency and minimizing adverse effects underscores the commitment to overcoming key challenges associated with traditional fiber-membrane technologies.
Technological advancements also drive cost-effectiveness in manufacturing processes, making disposable medical devices more affordable and accessible. The continuous evolution of technologies like robotics and automation in production facilities further ensures the scalability and consistency of disposable medical product manufacturing which boosts the medical disposables market growth in the near future.
Medical Disposables Market Report Highlights:
- In 2023, the sterilization supplies segment dominated the medical disposables market with a market share of 10.98%. Autoclaves, sterilization pouches, and chemical indicators play a pivotal role in infection control within healthcare settings
- The plastic resin segment dominated the medical disposables market in 2023, with a market share of 57.72% as these are highly versatile raw materials that can be used in a wide range of medical device applications
- The hospitals segment dominated the medical disposables market in 2023, with a market share of 53.81% as they serve a large patient population.
- North America dominated the medical disposables market in 2023. The growth is attributed to the region's well-established healthcare infrastructure, with a large number of hospitals, healthcare facilities, and medical professionals. Thus, the presence of the key players in this region enhances the industry growth
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Medical Disposables Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing Incidence Of Healthcare-Associated Infections (HAIs)
- 3.2.1.2. Rising Number Of Surgical Procedures
- 3.2.1.3. Growing Elderly Population
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Stringent Regulatory Framework
- 3.2.3. Market Opportunities Analysis
- 3.2.3.1. Technological Advancements
- 3.2.4. Market Challenge Analysis
- 3.2.4.1. High Product Cost
- 3.3. Medical Disposables Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of suppliers
- 3.3.1.2. Bargaining power of buyers
- 3.3.1.3. Threat of substitutes
- 3.3.1.4. Threat of new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political & Legal Landscape
- 3.3.2.2. Economic and Social Landscape
- 3.3.2.3. Technological landscape
Chapter 4. Medical Disposables Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Medical Disposables Market: Product Movement Analysis & Market Share, 2023 & 2030
- 4.3. Wound Management Products
- 4.3.1. Wound Management Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Drug Delivery Products
- 4.4.1. Drug Delivery Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Diagnostic and Laboratory Disposables
- 4.5.1. Diagnostic and Laboratory Disposables Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Dialysis Disposables
- 4.6.1. Dialysis Disposables Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Incontinence Products
- 4.7.1. Incontinence Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Respiratory Supplies
- 4.8.1. Respiratory Supplies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.9. Sterilization Supplies
- 4.9.1. Sterilization Supplies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.10. Non-woven Disposables
- 4.10.1. Non-woven Disposables Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.11. Disposable Masks
- 4.11.1. Disposable Masks Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.12. Disposable Eye Gear
- 4.12.1. Disposable Eye Gear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.13. Disposable Gloves
- 4.13.1. Disposable Gloves Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.14. Hand Sanitizers
- 4.14.1. Hand Sanitizers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.14.2. Gel
- 4.14.2.1. Gel Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.14.3. Foam
- 4.14.3.1. Foam Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.14.4. Liquid
- 4.14.4.1. Liquid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.14.5. Others
- 4.14.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.15. Others
- 4.15.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Medical Disposables Market: Raw Material Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Medical Disposables Market: Raw Material Movement Analysis & Market Share, 2023 & 2030
- 5.3. Plastic Resin
- 5.3.1. Plastic Resin Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Nonwoven Material
- 5.4.1. Nonwoven Material Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Rubber
- 5.5.1. Rubber Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Paper and Paperboard
- 5.6.1. Paper and Paperboard Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Metals
- 5.7.1. Metals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Glass
- 5.8.1. Glass Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Medical Disposables Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Medical Disposables Market: End Use Movement Analysis & Market Share, 2023 & 2030
- 6.3. Hospitals
- 6.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Home Healthcare
- 6.4.1. Home Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Outpatient/Primary Care Facilities
- 6.5.1. Outpatient/Primary Care Facilities Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Others
- 6.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Medical Disposables Market: Regional Estimates & Trend Analysis
- 7.1. Regional Outlook
- 7.2. Medical Disposables Market: Regional Movement Analysis & Market Share, 2023 & 2030
- 7.3. North America
- 7.3.1. North America Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.S.
- 7.3.2.1. Key Country Dynamics
- 7.3.2.2. Competitive Scenario
- 7.3.2.3. Regulatory Scenario
- 7.3.2.4. Reimbursement Scenario
- 7.3.2.5. U.S. Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Canada
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Competitive Scenario
- 7.3.3.3. Regulatory Scenario
- 7.3.3.4. Reimbursement Scenario
- 7.3.3.5. Canada Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Europe Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. UK
- 7.4.2.1. Key Country Dynamics
- 7.4.2.2. Competitive Scenario
- 7.4.2.3. Regulatory Scenario
- 7.4.2.4. Reimbursement Scenario
- 7.4.2.5. UK Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Germany
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Competitive Scenario
- 7.4.3.3. Regulatory Scenario
- 7.4.3.4. Reimbursement Scenario
- 7.4.3.5. Germany Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. France
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Competitive Scenario
- 7.4.4.3. Regulatory Scenario
- 7.4.4.4. Reimbursement Scenario
- 7.4.4.5. France Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Italy
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Competitive Scenario
- 7.4.5.3. Regulatory Scenario
- 7.4.5.4. Reimbursement Scenario
- 7.4.5.5. Italy Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Spain
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Competitive Scenario
- 7.4.6.3. Regulatory Scenario
- 7.4.6.4. Reimbursement Scenario
- 7.4.6.5. Spain Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7. Denmark
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. Competitive Scenario
- 7.4.7.3. Regulatory Scenario
- 7.4.7.4. Reimbursement Scenario
- 7.4.7.5. Denmark Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.8. Sweden
- 7.4.8.1. Key Country Dynamics
- 7.4.8.2. Competitive Scenario
- 7.4.8.3. Regulatory Scenario
- 7.4.8.4. Reimbursement Scenario
- 7.4.8.5. Sweden Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.9. Norway
- 7.4.9.1. Key Country Dynamics
- 7.4.9.2. Competitive Scenario
- 7.4.9.3. Regulatory Scenario
- 7.4.9.4. Reimbursement Scenario
- 7.4.9.5. Norway Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Asia Pacific Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Japan
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Competitive Scenario
- 7.5.2.3. Regulatory Scenario
- 7.5.2.4. Reimbursement Scenario
- 7.5.2.5. Japan Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. China
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Competitive Scenario
- 7.5.3.3. Regulatory Scenario
- 7.5.3.4. Reimbursement Scenario
- 7.5.3.5. China Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.4. India
- 7.5.4.1. Key Country Dynamics
- 7.5.4.2. Competitive Scenario
- 7.5.4.3. Regulatory Scenario
- 7.5.4.4. Reimbursement Scenario
- 7.5.4.5. India Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.5. South Korea
- 7.5.5.1. Key Country Dynamics
- 7.5.5.2. Competitive Scenario
- 7.5.5.3. Regulatory Scenario
- 7.5.5.4. Reimbursement Scenario
- 7.5.5.5. South Korea Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.6. Australia
- 7.5.6.1. Key Country Dynamics
- 7.5.6.2. Competitive Scenario
- 7.5.6.3. Regulatory Scenario
- 7.5.6.4. Reimbursement Scenario
- 7.5.6.5. Australia Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.7. Thailand
- 7.5.7.1. Key Country Dynamics
- 7.5.7.2. Competitive Scenario
- 7.5.7.3. Regulatory Scenario
- 7.5.7.4. Reimbursement Scenario
- 7.5.7.5. Thailand Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Latin America
- 7.6.1. Latin America Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Brazil
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Competitive Scenario
- 7.6.2.3. Regulatory Scenario
- 7.6.2.4. Reimbursement Scenario
- 7.6.2.5. Brazil Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Mexico
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Competitive Scenario
- 7.6.3.3. Regulatory Scenario
- 7.6.3.4. Reimbursement Scenario
- 7.6.3.5. Mexico Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. Argentina
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Competitive Scenario
- 7.6.4.3. Regulatory Scenario
- 7.6.4.4. Reimbursement Scenario
- 7.6.4.5. Argentina Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Middle East & Africa Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.2. South Africa
- 7.7.2.1. Key Country Dynamics
- 7.7.2.2. Competitive Scenario
- 7.7.2.3. Regulatory Scenario
- 7.7.2.4. Reimbursement Scenario
- 7.7.2.5. South Africa Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.3. Saudi Arabia
- 7.7.3.1. Key Country Dynamics
- 7.7.3.2. Competitive Scenario
- 7.7.3.3. Regulatory Scenario
- 7.7.3.4. Reimbursement Scenario
- 7.7.3.5. Saudi Arabia Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.4. UAE
- 7.7.4.1. Key Country Dynamics
- 7.7.4.2. Competitive Scenario
- 7.7.4.3. Regulatory Scenario
- 7.7.4.4. Reimbursement Scenario
- 7.7.4.5. UAE Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.5. Kuwait
- 7.7.5.1. Key Country Dynamics
- 7.7.5.2. Competitive Scenario
- 7.7.5.3. Regulatory Scenario
- 7.7.5.4. Reimbursement Scenario
- 7.7.5.5. Kuwait Medical Disposables Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Market Participant Categorization
- 8.2. Key Company Profiles
- 8.2.1. Medline Industries, Inc.
- 8.2.1.1. Company Overview
- 8.2.1.2. Financial Performance
- 8.2.1.3. Service Benchmarking
- 8.2.1.4. Strategic Initiatives
- 8.2.2. 3M
- 8.2.2.1. Company Overview
- 8.2.2.2. Financial Performance
- 8.2.2.3. Service Benchmarking
- 8.2.2.4. Strategic Initiatives
- 8.2.3. BD
- 8.2.3.1. Company Overview
- 8.2.3.2. Financial Performance
- 8.2.3.3. Service Benchmarking
- 8.2.3.4. Strategic Initiatives
- 8.2.4. Cardinal Health
- 8.2.4.1. Company Overview
- 8.2.4.2. Financial Performance
- 8.2.4.3. Service Benchmarking
- 8.2.4.4. Strategic Initiatives
- 8.2.5. Bayer AG
- 8.2.5.1. Company Overview
- 8.2.5.2. Financial Performance
- 8.2.5.3. Service Benchmarking
- 8.2.5.4. Strategic Initiatives
- 8.2.6. Smith+Nephew
- 8.2.6.1. Company Overview
- 8.2.6.2. Financial Performance
- 8.2.6.3. Service Benchmarking
- 8.2.6.4. Strategic Initiatives
- 8.3. Heat Map Analysis/ Company Market Position Analysis
- 8.4. Estimated Company Market Share Analysis, 2023
- 8.5. List of Other Key Market Players