The Disposable Medical Supplies Market is expected to grow manifold in the upcoming period. With technological advancements like ML and AI being incorporated in abundance, the healthcare vertical is likely to reach the top pedestal in the years to come. There are Bluetooth-operated health monitors, which let doctors receive precise information, that too, from time to time.
According to Persistence Market Research (PMR), the global disposable medical supplies market will reach USD 17,158.3 million by 2026, witnessing a CAGR of 6.40% between 2022 and 2026. The rise in the prevalence of disease and disorders, combined with a geriatric population, the increased number of Hospital Acquired Infections (HAIs), and the increasing preference for disposable medical supplies in the time of the COVID-19 pandemic are the factors that are expected to drive market growth for disposable medical supplies. Because of its widespread use in healthcare institutions, the nonwoven medical supplies market is likely to grow at a high CAGR over the forecast period.
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Company Profiles:
- Cardinal Health, Inc.
- Covidien plc.
- 3M Health Care Ltd.
- Halyard Health, Inc.
- Molnlycke Health Care AB
- Medline Industries Inc
- Sempermed USA, Inc.
- Ansell Healthcare LLC
- Nipro Corp
- McKesson Corp
- Others.
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Asia-Pacific to Register the Fastest Growth
Modernization of healthcare facilities and clinical procedures will fuel the major growth in the Asia-Pacific region’s disposable medical supplies market. During the predicted period, the Asia-Pacific region is expected to grow at a fast pace. On the other hand, the disposable medical supplies market in North America and Europe is projected to grow moderately. The region’s disposable medical supplies market will continue to grow due to an increasing focus on safety and an increase in the number of innovations emerging from the region.
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PMR has presented a comprehensive report based on Disposable Medical Supplies Market as per Product Type (Drapes, Feeding Tubes, Gloves, Gowns, and Procedure Kits & Trays), End Users (ier 1 Hospital (>500 Beds), Tier 2 Hospitals (250-500 Beds) and Tier 3 Hospitals (<250 Beds)) based on seven regions.
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