Global Disposable Medical Supplies Market Size (2024 - 2029)

Disposable Medical Supplies Market Analysis

The disposable medical supplies market is projected to register a CAGR of 9.4% during the forecast period (2022-2027).

The COVID-19 outbreak significantly impacted the disposable medical supplies market by the sudden increase in the demand for disposable products, such as gowns, masks, antiseptics, and disinfectant products. The increase in COVID-19-affected patients led to an increase in hospital admissions across the world, due to which the demand for disposable medical supplies has increased significantly. The Australian government announced a USD 180 million Living with COVID-19 primary care package on October 29, 2021, with the goal of bolstering and supporting primary care for the community's management of mild and moderate COVID-19 patients. PPE bundles are being made available to general practitioners (GPs), Aboriginal and Community Controlled Health Services (ACCHSs), GP-led Respiratory Clinics (GPRCs), and immunizing pharmacists for free under emergency circumstances as part of the Australian Government's Living with COVID Primary Care package. Hence, COVID-19 had positive impact on this market, and it is expected to contribute significantly during the forecast period.

In addition, increasing surgical procedures, an increase in hospital-acquired infections (HAI) and other chronic diseases, and increased public awareness of the value of maintaining hygiene and good health are all important drivers of the expansion of the disposable medical supplies market. According to data from Agency for Healthcare Research and Quality (AHRQ) 2021, more than 10 million patients undergo surgical procedures as inpatients each year, accounting for over one-fourth of all hospital stays. The most frequent inpatient surgical operations are Cesarean sections, orthopaedic treatments (hip and knee replacement, hip fracture repair), neurosurgical procedures (spinal fusion and laminectomy), and intraabdominal surgeries (cholecystectomy and colorectal resections). Pathogens, which spread swiftly in the body, are typically to blame for hospital acquired infections. The infections spread more quickly than chronic infections because of the patients' weakened immune systems and the unsanitary circumstances in a hospital. According to the Center for Diseases Control and Prevention, in 2021, approximately 75% of UTIs acquired in the hospital are linked to a urinary catheter. 15-25 percent of hospitalised patients utilise urinary catheters during their stay. Additionally, 19,738 cases of urinary tract infections linked to catheter use were documented in the US in 2020.

Chronic diseases, such as diabetes and cardiovascular diseases, impacted the disposables medical supplies market significantly. For instance, according to the International Diabetes Federation, in September 2021, In 2021, Approximately 537 million adults (20-79 years) are living with diabetes. By 2030, there will be 643 million diabetics worldwide, and by 2045, there will be 783 million. Long-term diabetes may cause foot ulcers, lengthen hospital stays, and have a favourable effect on the market during the projection period. Despite the careful precautions the healthcare sector has taken, many people develop hospital-acquired illnesses while they are being treated there. The Centers for Disease Control and Prevention (CDC) estimate that more than 3% of patients in the United States experience hospital-acquired infections each year.

The market for disposable medical supplies is also anticipated to be driven by rising awareness among healthcare professionals regarding hygiene and health as well as an increase in robot-assisted surgical procedures. Growing instances of infections occurring during pregnancy and surgical procedures raised awareness of the importance of cleanliness and safety. Additionally, the rise in COVID-19 cases globally and the expanding demand for frontline workers to shield themselves from the fatal virus's transmission may spur market expansion. Furthermore growing product launches by the key market players supports the market growth. For Instance, in May 2021, Windsor-based Harbour Technologies expanded its protective equipment manufacturing operations to Chatham-Kent. It is opening a state-of-the-art manufacturing facility in Chatham to make surgical isolation gowns. Additionally, in December 2021, Barameda Signed a supply contract for surgical drapes, drapes sets, surgical gowns, and other single-use products with one of the largest Latvian medical institutions - Riga Eastern Clinical University Hospital.

However, an increase in waste produced due to disposable products and inadequate reimbursement for these devices are expected to restrain the market growth over the forecast period.

Disposable Medical Supplies Industry Segmentation

As per the scope of the report, disposable medical supplies include products that are used to prevent cross-contamination between doctors and caregivers and doctors and patients during diagnosis and treatment procedures. The disposable medical supplies market is segmented by type (gloves, drapes and gowns, masks, needles and syringes, procedure kits and trays, and other types), end users (hospitals and clinics, ambulatory surgery center, and other end users), and geography (North America, Europe, Asia Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.