Overview
Medical disposables are the devices and materials that are used in various medical fields which include surgical wear, hygiene, anaesthesia and paediatric among others. Medical disposables, as the name suggest are manufactured for one time usage. These devices capture a large part of the medical devices market.
In addition, need for medical disposables are rising due to the increasing numbers of hospitals. The market will further expand due to the continuous development of new and advanced products.
The Market
The global medical disposable products market is estimated to reach US$ 230 Billion by 2023.
This growth at a CAGR of 3.7% throughout the forecast period, attributed to an aging population, a rising incidence of medical conditions, and the extension of health insurance coverage. The upgrading and enforcement of infection prevention standards, coupled with an expanding volume of hospital, surgical, and outpatient procedures, are some of the key factors driving the market. (Source: ihealthcare Analyst; June 2018)
The global disposable medical supplies market benefit from a heightened focus on infection prevention throughout the health care sector. Advances in disposable medical supplies are contributing significant improvements to the safety and outcome of patient procedures.
The heightened focus on infection prevention in the healthcare sector is boosting the consumption of single use, high value-added non-woven garments and textiles by hospitals and outpatient facilities. A rising prevalence of incontinence problems attributable to the aging population is impacting favourably on retail and institutional sales of Non-woven Adult Undergarments, Shields, and other Protective products.
The Products
We produce a multitude of items that are intended for single use only to avoid transmission of infectious agents to subsequent patients.
Examples of single use items include Hypodermic Needles, Toilet Paper, Disposable Towels, Paper Towels, Contraception Products, Disposable Enemas and similar products, Cotton Swabs and Pads, Medical and Cleaning Gloves, Medical Dust Respirators (Dust Masks), Baby and Adult Diapers, and Training Pants, Hair Control Products, Hospital Aprons, Disposable Panties in Postpartum, and Contact Lenses, etc.
Based on an increasing number of patients needing surgery or long-term chronic care therapy, drug delivery and related products are likely to remain the fastest expanding group of disposable medical supplies. Safety-enhanced devices for the minimally invasive delivery of Parenteral Medicines, Inhalation Therapies, and IV and Dialysis Solutions are likely to lead market growth. Polymeric Tissue Sealants, along with alginate, Foam, and Collagen Wound Dressings, are likely to attain the fastest growth based on enhanced safety and faster healing properties.