Global Disposable Hospital Supplies Market – Industry Trends and Forecast to 2029

Global Disposable Hospital Supplies Market, By Type (Diagnostic Supplies, Dialysis Consumables, Radiology Consumables, Infusion Products, Intubation and Ventilation Supplies, Hypodermic Products, Sterilization Consumables, Nonwoven Medical Supplies, Wound Care Consumables, and Others), Application (Cardiovascular, Cerebrovascular, Ophthalmology, Gynecology, Urology, Orthopedics, and Others), End User (Hospitals, Clinics/Physician Offices, Assisted Living Centers and Nursing Homes, Ambulatory Surgery Centers, and Research Institutes) – Industry Trends and Forecast to 2029

Market Analysis and Size

The global disposable hospital supplies market is ready to grow during the forecast period due to the drastic shift from the use of reusable medical devices to disposable medical supplies to lower the risk of cross-contamination and surgical-site infections. Medical disposables are quite easy to operate and it do not require maintenance and sterilization. Physicians use a new device every time and throw it after use. Despite the challenging economic conditions worldwide, the disposable medical gloves market continues to have positive growth mainly due to the rising products among surgeons, practitioners, and healthcare workers.

Data Bridge Market Research analyses a growth rate in the global disposable hospital supplies market in the forecast period 2022-2029. The expected CAGR of global disposable hospital supplies market is tend to be around 11.7% in the mentioned forecast period. The USD market value was found to be 25.97 billion in 2021, and is expected to see a growth of 62.94 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Disposable Hospital Supplies consist of medical devices, or consumables intended for single or temporary use in a medical facility. Some other examples of this category are bandage, drapes, syringes, suction catheters, and others. These consumables are an integral part of the hospital as they save staff time and reduce medical costs. The rise in infection is surely helping the disposable hospital supplies market to rise high.

Report Scope and Market Segmentation

Global Disposable Hospital Supplies Market Dynamics

Drivers

• Rise in the cases of hospital-acquired infections

With increasing surgical and obstetric illnesses and nosocomial infections, the demand for disposable medical supplies to ensure safety and hygiene is increasing. Various hygiene awareness initiatives are driving the use of disposable medical products to help drive market growth in the near future.

• Surge in the number of surgeries performed

Another important aspect of the potential improvement in the medical disposable market is the increasing number of surgeries performed worldwide. As the number of surgeries grows, so does the need for surgical gowns, gloves, drapes, feeding tubes, treatment sets and trays, driving the growth of the global medical disposable market.

Opportunities

• Rapid Growth in the Healthcare Sector

The rapid expansion of the healthcare sector is a major driver of the growth of the disposable hospital supplies market. Increasing demand for disposable gloves due to the expansion of the healthcare industry will drive the disposable hospital supplies market. As hospital budgets and standards increase, so does the use of disposable surgical gowns.

• Technological Advancements in the Market

Another reason that is expected to boost the disposable hospital supplies market is the continued development of medical disposables with improved protection quality. Disposable medical products such as treatment kits and trays provide easy and effective productivity with minimal effort. New improvements in medical disposables are expected to boost disposable hospital supplies market growth

Restraints/Challenges

• Increasing Environmental Issues May Limit the Growth

Disposable devices are commonly used in the medical industry because they require infection-free medical procedures. Plastics are widely used in the manufacture of many medical disposable products due to their wide range of uses and low cost. Hospitals produce large amounts of waste from disposable medical supplies that are difficult to recycle and pollute because plastics are not biodegradable. However, strict rules are imposed on the recycling of this waste, and it is still very difficult for recyclers to comply with these rules, resulting in the majority of disposable medical waste remaining uncirculated. Increased waste and under-reimbursement of these disposable hospital supplies are expected to impede market growth during the forecast period.

COVID-19 Impact on Disposable Hospital Supplies Market

Considering the present scenario, COVID-19 has left an unprecedented global public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the forecast period.

The surge in demand for hospital equipment such as medical disposables, emergency supplies, gowns, disinfectants, and disinfectants during the pandemic had a major impact on the disposable hospital supplies market. Even in post pandemic era, it is continuing to grow at a higher pace.

Market Developments

• Cardinal Health signed a $ 57.8 million contract in April 2021 to store and ship 80,000 pallets of PPE to support Strategic National Stockpile (SNS), which is part of the HHS preparation and response office.
• Honeywell International Inc. began manufacturing disposable face masks at the Furugaon manufacturing facility in Pune, India, in August 2020 to supply the Indian government with face covers in the fight against COVID 19 in India.

Disposable Hospital Supplies Market Scope

The disposable hospital supplies market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Diagnostic Supplies
• Dialysis Consumables
• Radiology Consumables
• Infusion Products
• Intubation and Ventilation Supplies
• Hypodermic Products
• Sterilization Consumables
• Nonwoven Medical Supplies
• Wound Care Consumables
• Others

Application

• Cardiovascular
• Cerebrovascular
• Ophthalmology
• Gynecology
• Urology
• Orthopedics\
• Others

End User

• Hospitals
• Clinics/Physician Offices
• Assisted Living Centers and Nursing Homes
• Ambulatory Surgery Centers
• Research Institutes

Disposable Hospital Supplies Market Regional Analysis/Insights

The global disposable hospital supplies market is analysed and market size insights and trends are provided by type, application and end-user as referenced above.

The major countries covered in the global disposable hospital supplies market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to be the dominant region in the market. Factor contributing to North America's high market share is a consistent focus on cost-effective and innovative procedures introduced in the United States, which are showing an increase in the hospital supplies market.

The Asia-Pacific region, on the other hand, is expected to show the fastest growth rates during the forecast period of 2022 to 2029, due to factors such as an increase in the number of patients and an increase in nosocomial infections.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Disposable Hospital Supplies Market Share Analysis

The hospital supplies market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to budesonide inhaler system market.

Key players operating in the global hospital supplies market include:

• Thermo Fisher Scientific(US)
• GENERAL ELECTRIC(US)
• BD(US)
• Siemens(Germany)
• Boston Scientific Corporation(US)
• Stryker(US)
• Medtronic(Ireland)
• 3M(US)
• Zimmer Biomet(US)
• Johnson and Johnson Private Limited(US)
• Cardinal Health(US)
• Koninklijke Philips N.V.(Netherlands)
• Novartis AG(US)
• B. Braun Melsungen AG(Germany)
• OSI Systems, Inc.(US)
• Welch Allyn(US)
• Fresenius Medical Care AG and Co. KGaA(Germany)
• Mindray DS USA(US)
• MicroPort Scientific Corporation(China)
• OandM Halyard(US)
• AVITA Medical(UK)
• Cynosure Inc.(US)
• Merz Pharma(Germany)