The global medical disposables market size was estimated to be USD 501.34 billion in 2023 and is expected to reach at USD 2,941.14 billion by 2034 with a CAGR of 17.45% during the forecast period 2024-2034. Surge in prevalence of Hospital Acquired Infections (HAIs), growing number of surgical procedures, increasing geriatric population, rising prevalence of chronic diseases, escalating healthcare expenditure, surge in demand for healthcare services including surgical procedures, diagnostic tests, & long-term care, growing demand for disposable items is driven by the necessity to uphold high standards of hygiene and prevent the potential for cross-contamination in healthcare environments, increasing technological advancements, and rising introduction of groundbreaking single-use medical disposables are some of the key factors boosting the market growth.
Rising introduction of groundbreaking single-use medical disposables is predicted to boost the market growth during the forecast period. Medical disposables encompass a wide range of materials and devices that hold significance in various medical domains, including pediatrics, hygiene, anesthesia, and surgical applications. Their popularity is on the rise, driven by the growing number of hospitals worldwide. For instance, in March 2022, FMCNA's Renal Therapies Group has introduced the CombiSet SMARTECHTM, an innovative single-use bloodline that incorporates a Crit-Line blood chamber (CLiC), streamlining the hemodialysis process by minimizing the need for manual connections. This advancement significantly improves renal care, particularly when used in conjunction with the 2008 series hemodialysis machines.
By product, sterilization supplies was the highest revenue-grossing segment in the global medical disposables market in 2023 owing to increasing prevalence of infectious diseases, escalating healthcare expenses, rising emphasis on patient safety & infection prevention, and growing demand for technologically advanced devices for sterilization. Additionally, diagnostic & laboratory disposables is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for diagnostic tests, surge in number of geriatric population, increasing prevalence of chronic diseases, rising awareness regarding preventive healthcare, growing demand for accurate & safe testing procedures, and surge in partnerships within market players. For instance, in March 2023, IceCure Medical Ltd. has disclosed that the National Medical Products Administration (NMPA) of China has granted approval for the commercial use of the company's Icesense3 Disposable Cryoprobes. These cryoprobes are intended to be used in conjunction with the IceSense3 console, which had previously received NMPA approval.
By raw material, plastic resin was the highest revenue-grossing segment in the global medical disposables market in 2023 owing to growing preference for using plastic resins in the production of medical disposables due to their cost-effectiveness when compared to materials such as glass or metal and increasing launch of new products. For instance, in April 2023, AMMEX Corp. has introduced a new range of disposable gloves aimed at safeguarding users in a variety of situations, including medical environments. Additionally, nonwoven material is predicted to grow at fastest CAGR during the forecast period. Nonwoven materials play a crucial role in creating effective barriers against the transmission of microorganisms, making them indispensable for infection prevention and control in healthcare environments. Nonwoven products like surgical gowns, masks, drapes, and sterilization wraps are specifically designed to minimize the risk of cross-contamination, thus holding a vital place in healthcare protocols.
By end-user, hospitals was the highest revenue-grossing segment in the global medical disposables market in 2023 as they provide an extensive array of medical services & treatments, encompassing a wide range of medical specialties & procedures. Each of these specialized fields and procedures often necessitates specific medical disposable products customized to meet clinical needs. Consequently, hospitals require a diverse selection of disposable products to cater to their various healthcare services. Additionally, home healthcare is predicted to grow at fastest CAGR during the forecast period owing to the rising preference for in-home healthcare services, growing aging population, increasing emphasis on creating disposable medical products designed for use in home healthcare environments, aiming to provide patients with convenience, safety, & hygiene while receiving medical care in the comfort of their own homes, surge in collaborations within market players. For instance, in July 2022, Quipt Home Medical Corp. has made an important announcement about a contract they signed with Cardinal Health at Home, a division of Cardinal Health, Inc. As part of this agreement, Quipt will be responsible for the nationwide provision of disposable medical supplies, while Cardinal Health will undertake the supply and distribution of these crucial medical products.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing healthcare infrastructure, growing prevalence of hospital acquired infections, rising technological advancements, and surge in collaborations within market players. For instance, in May 2023, Indegene has extended its partnership with ConTIPI Medical, a company specializing in non-invasive and disposable solutions for women dealing with various pelvic floor disorders. This expanded collaboration intends to introduce a new device to the market. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising awareness regarding the importance of infection control in healthcare settings, increasing demand for disposable personal protective equipment (PPE) & other medical disposables, growing advancements in materials & manufacturing technologies have led to the creation of more sophisticated and efficient disposable medical products, and surge in partnerships within market players. For instance, in October 2022, BD India, a leading medical technology company, has entered into a partnership with the Raja Ramanna Centre for Advanced Technology (RRCAT), a prominent research organization under the Government of India. The collaboration is focused on sterilizing one of BD India's medical devices, Venflon Pro, using electron beam (e-beam) technology at RRCAT's facility in Indore.
Rising introduction of groundbreaking single-use medical disposables is predicted to boost the market growth during the forecast period. Medical disposables encompass a wide range of materials and devices that hold significance in various medical domains, including pediatrics, hygiene, anesthesia, and surgical applications. Their popularity is on the rise, driven by the growing number of hospitals worldwide. For instance, in March 2022, FMCNA's Renal Therapies Group has introduced the CombiSet SMARTECHTM, an innovative single-use bloodline that incorporates a Crit-Line blood chamber (CLiC), streamlining the hemodialysis process by minimizing the need for manual connections. This advancement significantly improves renal care, particularly when used in conjunction with the 2008 series hemodialysis machines.
By product, sterilization supplies was the highest revenue-grossing segment in the global medical disposables market in 2023 owing to increasing prevalence of infectious diseases, escalating healthcare expenses, rising emphasis on patient safety & infection prevention, and growing demand for technologically advanced devices for sterilization. Additionally, diagnostic & laboratory disposables is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for diagnostic tests, surge in number of geriatric population, increasing prevalence of chronic diseases, rising awareness regarding preventive healthcare, growing demand for accurate & safe testing procedures, and surge in partnerships within market players. For instance, in March 2023, IceCure Medical Ltd. has disclosed that the National Medical Products Administration (NMPA) of China has granted approval for the commercial use of the company's Icesense3 Disposable Cryoprobes. These cryoprobes are intended to be used in conjunction with the IceSense3 console, which had previously received NMPA approval.
By raw material, plastic resin was the highest revenue-grossing segment in the global medical disposables market in 2023 owing to growing preference for using plastic resins in the production of medical disposables due to their cost-effectiveness when compared to materials such as glass or metal and increasing launch of new products. For instance, in April 2023, AMMEX Corp. has introduced a new range of disposable gloves aimed at safeguarding users in a variety of situations, including medical environments. Additionally, nonwoven material is predicted to grow at fastest CAGR during the forecast period. Nonwoven materials play a crucial role in creating effective barriers against the transmission of microorganisms, making them indispensable for infection prevention and control in healthcare environments. Nonwoven products like surgical gowns, masks, drapes, and sterilization wraps are specifically designed to minimize the risk of cross-contamination, thus holding a vital place in healthcare protocols.
By end-user, hospitals was the highest revenue-grossing segment in the global medical disposables market in 2023 as they provide an extensive array of medical services & treatments, encompassing a wide range of medical specialties & procedures. Each of these specialized fields and procedures often necessitates specific medical disposable products customized to meet clinical needs. Consequently, hospitals require a diverse selection of disposable products to cater to their various healthcare services. Additionally, home healthcare is predicted to grow at fastest CAGR during the forecast period owing to the rising preference for in-home healthcare services, growing aging population, increasing emphasis on creating disposable medical products designed for use in home healthcare environments, aiming to provide patients with convenience, safety, & hygiene while receiving medical care in the comfort of their own homes, surge in collaborations within market players. For instance, in July 2022, Quipt Home Medical Corp. has made an important announcement about a contract they signed with Cardinal Health at Home, a division of Cardinal Health, Inc. As part of this agreement, Quipt will be responsible for the nationwide provision of disposable medical supplies, while Cardinal Health will undertake the supply and distribution of these crucial medical products.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing healthcare infrastructure, growing prevalence of hospital acquired infections, rising technological advancements, and surge in collaborations within market players. For instance, in May 2023, Indegene has extended its partnership with ConTIPI Medical, a company specializing in non-invasive and disposable solutions for women dealing with various pelvic floor disorders. This expanded collaboration intends to introduce a new device to the market. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising awareness regarding the importance of infection control in healthcare settings, increasing demand for disposable personal protective equipment (PPE) & other medical disposables, growing advancements in materials & manufacturing technologies have led to the creation of more sophisticated and efficient disposable medical products, and surge in partnerships within market players. For instance, in October 2022, BD India, a leading medical technology company, has entered into a partnership with the Raja Ramanna Centre for Advanced Technology (RRCAT), a prominent research organization under the Government of India. The collaboration is focused on sterilizing one of BD India's medical devices, Venflon Pro, using electron beam (e-beam) technology at RRCAT's facility in Indore.
Segmentation: Medical Disposables Market Report 2023 - 2034
Medical Disposables Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Diagnostic and Laboratory Disposables
- Dialysis Disposables
- Non-woven Disposables
- Incontinence Products
- Drug Delivery Products
- Sterilization Supplies
- Wound Management Products
- Respiratory Supplies
- Disposable Masks
- Disposable Gloves
- Disposable Eye Gear
- Hand Sanitizers
- Liquid
- Foam
- Gel
- Other
- Others
Medical Disposables Market Analysis & Forecast by Raw Material 2023 - 2034 (Revenue USD Bn)
- Rubber
- Plastic Resin
- Glass
- Metals
- Nonwoven Material
- Paper & Paperboard
- Others
Medical Disposables Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Outpatient/Primary Care Facilities
- Hospitals
- Home Healthcare
- Others
Medical Disposables Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Medical Disposables Market: Product Estimates & Trend Analysis
8. Medical Disposables Market: Raw Material Estimates & Trend Analysis
9. Medical Disposables Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Medical Disposables Market
12. Europe Global Medical Disposables Market
13. Asia Pacific Global Medical Disposables Market
14. Latin America Global Medical Disposables Market
15. MEA Global Medical Disposables Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- MED-CON Inc.
- Medline Industries Inc.
- Medtronic
- Smith & Nephew PLC
- Boston Scientific
- Bayer AG
- Becton
- Dickinson and Company
- Pfizer
- 3M
- Johnson and Johnson
- Cardinal Health
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 501.34 Billion |
| Forecasted Market Value ( USD | $ 2941.14 Billion |
| Compound Annual Growth Rate | 17.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
