Medical Disposables Market - Analysis, Technologies & Forecasts to 2024 - Expected to Reach USD 329.9 Billion - Research and Markets

Research and Markets has announced the addition of the "Medical Disposables Market Revenue Analysis by Product, by Raw Material, and by End Use - Segment Forecasts to 2024" report to their offering.

The global medical disposables market is expected to reach USD 329.9 billion by 2024, according to the study performed. Key factors driving the market expansion include the growing awareness regarding benefits of infection control, which majorly include enhanced quality of life and minimized related healthcare expenditure.

In addition, propelling factors of this sector comprise constantly rising hospital visits, surgeries, and the growing need for healthcare assistance owing to the escalating geriatric population prone to developing chronic diseases and injuries. Furthermore, the emergence of this sector is attributed to the increased focus toward the use of single-use disposable products to prevent cross-contamination and infection in healthcare settings.

These products offer a range of advantages to the healthcare institutions such as reducing sterilization and disinfection costs. Thus, most of the healthcare professionals and individual patients are turning toward disposable medical supplies to meet the infection control requirements.

Drug delivery products captured the largest revenue share in 2015. The segment is also expected to foresee the fastest growth rate due to the increasing use of prefilled syringes, needles, and transdermal patches by various hospitals and clinics.

The plastic resin segment accounted for the largest share in 2015 due to their wide availability and application in the healthcare sector. However, nonwoven material is forecasted to grow at the fastest CAGR owing to factors such as their low weight, affordable cost, and easy recycling methods. Nonwoven fabric is the material of choice for a number of applications such as wound care management, incontinence management, and surgeries due to the highly absorbent and liquid repellent nature of this material, among other properties.

Companies Mentioned:

  • 3M
  • Abbott
  • Bayer AG
  • Johnson & Johnson Services, Inc.
  • Becton, Dickinson and Company (BD)
  • B. Braun Melsungen AG
  • Medtronic
  • Medline Industries, Inc.
  • Smith & Nephew
  • Cardinal Health

Key Topics Covered:

1 Research Methodology

2 Executive Summary

3 Market Snapshot

4 Market Variables, Trends & Scope

5 Market Categorization 1: Product Estimates & Trend Analysis

6 Market Categorization 2: End user Estimates & Trend Analysis

7 Market Categorization 3: Raw Materials Estimates & Trend Analysis

8 Market Categorization 4: Regional Estimates & Trend Analysis, by Application and Tools

9 Competitive Landscape

For more information about this report visit http://www.researchandmarkets.com/research/wk72ns/medical

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Related Topics: Hospital Disposables

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