Global Medical Disposables Industry Growth, Development and Demand Forecast to 2030

NEW YORK - Feb. 23, 2023 - PRLog -- Every day, one in 31 hospital patients contracts a hospital-acquired infection (HAI) in the U.S., which, in total, lead to 1.7 million cases and 99,000 deaths in the country each year, says the Centers for Disease Control and Prevention (CDC). This and the generally high levels of hygiene to be maintained at such places have been driving the demand for disposable medical supplies. Moreover, the COVID-19 situation has raised the general awareness on disposable products as a means to prevent infections.

Due to the combined effect of these factors, the medical disposables market revenue, as claimed by P&S Intelligence, will increase to $90 billion by 2030 from $51 billion in 2020. Medical settings are rapidly adopting disposable medical supplies ranging from surgical gloves and syringes to vital signs monitor electrodes and even the consumables used to sterilize medical products. The idea is since they are used only on one patient and then discarded, the chances of them accumulating pathogens from one patient and spreading them to another healthy one are extremely few.

Another key factor that is driving the demand for medical supplies, disposable and multiuse, is the rising prevalence of all kinds of chronic and acute diseases. According to the World Health Organization (WHO), heart diseases and cancer carry an annual death rate of 17.9 million and 9.6 million people, respectively. Moreover, as per the International Diabetes Federation (IDF), in 2019, 463 million people had this common disease. Other than diseases, people end up in hospitals due to physical injuries, mental issues, and many other reasons.

Presently, North America is the largest medical disposables (https://www.psmarketresearch.com/market-analysis/medical-...) market because of its advanced healthcare industry and high number of medical facilities. In addition, the medical reimbursement scenario here is rather favorable, which allows people to easily afford expensive care. Further, the COVID-19 situation is quite grave in the region, the U.S. being the country with the highest case and mortality counts, which has catapulted the demand for disposable medical supplies.

Hence, with the rising number of hospitalizations and medical examinations amid the growing awareness on hospital hygiene and HAIs, the demand for disposable medical supplies will continue to surge.