Dublin, April 25, 2023 (GLOBE NEWSWIRE) -- The "Medical Disposables: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Medical Disposables estimated at US$383.1 Billion in the year 2022, is projected to reach a revised size of US$731.1 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2022-2030.
Surgical Instruments & Supplies, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$68.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Bandages & Wound Dressings segment is readjusted to a revised 6.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $94.5 Billion, While China is Forecast to Grow at 9.9% CAGR
The Medical Disposables market in the U.S. is estimated at US$94.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$110.1 Billion by the year 2030 trailing a CAGR of 9.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 7.4% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 8.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$81.6 Billion by the year 2030.
Select Competitors (Total 87 Featured) -
- 3M Company
- Ansell Limited
- B. Braun Melsungen AG
- Bayer AG
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Cardinal Health, Inc.
- ConvaTec Group plc
- Gerresheimer AG
- Johnson & Johnson Services, Inc.
- Medline Industries, Inc.
- Medtronic plc
- Smith & Nephew plc
- Smiths Medical, Inc.
- Steris Corporation
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 403 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $383.1 Billion |
| Forecasted Market Value (USD) by 2030 | $731.1 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Medical Disposables - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Impact of COVID-19 on Select Segments
- Surgical Instruments & Supplies
- COVID-19 Induced YOY Decline in Heart Surgery Volumes in the US in 2020
- Respiratory Disposable Devices
- Diagnostic & Laboratory Disposables
- Disposable Face Masks
- Medical Disposables: A Prelude
- Global Medical Disposables to Grow at a Rapid Rate
- US Dominates the Medical Disposables Market, Asia-Pacific to Witness Fastest Growth
- Competition
- Mobilization Efforts by Private Tech Companies to Combat Medical Supplies Shortage during COVID-19
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Prevalence of Chronic Disorders and Rise in Surgical Procedures Fuels Market Growth
- Worldwide Prevalence of Diabetes: Number of Adults (20-79) with Diabetes (in Millions) by Region for 2017 and 2045
- Growing Threat of Hospital-Acquired Infections Spurs Demand for Medical Disposables
- Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost by Infection Type
- Surgical Site Infections Per 100 Procedures for the Period 2014-2018
- Increasing Healthcare Expenditure to Foster Market Growth
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- World Healthcare Expenditure (In US$ Trillion) for the Years 2016 & 2018
- Per Capita Healthcare Expenditure (in $) by Select Countries for 2018
- Bandages & Wound Dressings Market to Exhibit Significant Growth
- Prevalence and Incidence of Wounds: Select Statistics
- Healing Time by Type of Wound (in Days)
- Chronic Wounds: Select Statistics
- Adhesive Bandages Explore Novel Design Variations
- Smart Bandages Gain Interest
- Diagnostic & Laboratory Disposables Registers Burgeoning Growth
- Global COVID-19 Testing Market Breakdown by Testing Type: 2020 and 2027
- Emergence of PCR as a Preferred COVID-19 Detection Method
- Nonwoven Medical Disposables
- Rise in Air Pollution Levels Trigger the Demand for Face Masks
- World Ranking of Most Polluted Countries: 2018
- Percentage Share Breakdown of Global Deaths Linked to Air Pollution
- Designers Revamp Face Masks into a Fashion Accessory
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/mkec7v
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