Latest News- Disposable Hospital Supplies Market: Consumables is expected to lead the Product segment during 2024-2028

The Disposable Hospital Supplies Market is being driven by Increasing number of hospitalizations and surgical procedures

The Disposable Hospital Supplies Market is expected to grow at a CAGR of 9.44% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 24.5 billion. In the dynamic disposable hospital supplies market, vendors are prioritizing the development of technologically advanced, high-performing products for diverse medical and surgical procedures. Leveraging innovative technologies, they are enhancing the sophistication of disposable hospital supplies, expanding their offerings, and improving product quality through rigorous research and development (R&D) activities. An illustrative example is B. Braun SE's (B. Braun) introduction of the Stimuplex Ultra 360, a next-generation echogenic stimulating needle for nerve blocks. This disposable needle, featuring improved ultrasound visibility, underscores B. Braun's commitment to delivering superior product quality and performance. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Consumables
  • Devices
• Application
  • Cardiovascular
  • Gynecology
  • Others
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
  • Asia
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing number of hospitalizations and surgical procedures
• Growing incidences of infectious diseases
• Growing demand for disposables to avoid nosocomial infections

However, the market also witnesses some limitations, which are as follows:

• Environmental concerns associated with improper disposal of disposable hospital supplies
• Increasing number of recalls of disposable hospital supplies
• Disruption in supply chain of disposable hospital supplies

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Market Scope in Disposable Hospital Supplies Market Research Report

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Research Analysis Overview

The Disposable Hospital Supplies Market encompasses a wide range of products used in healthcare settings, including sterilization pouches, wound care products, catheters, syringes, and more. Acute-care hospitals and Ambulatory Surgery Centers are significant consumers of these supplies due to the high volume of surgical procedures and the need to prevent Healthcare-Associated Infections (HAIs). The World Health Organization emphasizes the importance of using disposable medical supplies to reduce the risk of cross-contamination and HAIs, particularly in the context of chronic diseases and the geriatric population. Key products in this market include needles and syringes, masks, drapes and gowns, gloves, bandages, and PPE bundles. Immunizing pharmacists, general practitioners, surgeons, and physicians all rely on disposable medical supplies to ensure patient safety and prevent the spread of infections. New devices, such as single-use catheters and advanced wound care products, continue to enter the market, offering improved patient outcomes and infection prevention. Sterilization pouches play a crucial role in ensuring the sterility of reusable medical devices, while surgical-site infections remain a significant concern in the context of surgical procedures. Overall, the Disposable Hospital Supplies Market is expected to grow significantly due to the increasing focus on infection prevention and patient safety.

Market Research Overview

The global healthcare supplies market encompasses businesses and research entities involved in the development of a wide range of medical consumables, including diagnostic and therapeutic products. According to Technavio's market analysis, the market size is determined by the consolidated revenue generated by manufacturers of disposable hospital supplies such as syringes, drapes, gloves, and gowns. Factors fueling the expansion of this market include the increasing aging population, with the number of individuals aged 60 and above projected to rise significantly in the US by 2050 and in Europe by 2030.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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