Medical Disposables Market Size, Share and Growth Analysis By Product (Drug Delivery Products, Wound Management Products), By Raw Material (Plastic Resins, Nonwoven Material, Rubber, Paper and Paperboard, Metals, Glass, Others), By End Use (Home Healthcare, Hospitals, Outpatient/Primary Care Facilities) - Global Industry Analysis, Trends, Regional Outlook and Forecast 2023 - 2032


The global medical disposables market size was estimated at USD 403.21 billion in 2022 and is expected to reach over USD 1,473 billion by 2032, growing at a noteworthy CAGR of 13.9% during the forecast period 2023 to 2032.

Medical Disposables Market Size 2023 To 2032

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Key Takeaways:

  • North America region has held revenue share of over 34.6% in 2022.
  • By product, sterilization supplies segment has captured revenue share of 15% in 2022.
  • Based on raw material, the plastic resins segment has accounted maximum revenue share of 59% in 2022.
  • By end-use, hospital segment has held revenue share of over 56% in 2022.
  • The US medical disposable market was valued at USD 62,706.6 million in 2016 and estimated to reach USD 269,829.8 million by 2028, growing at a CAGR of 12.6% during the forecast period (2021-2028).
  • The Mexico medical disposable market was valued at USD 4,562.8 million in 2016 and estimated to reach USD 25,318.0 million by 2028, growing at a CAGR of 15.0% during the forecast period (2021-2028).

Medical Disposables Market Overview

Growing incidence of Hospital Acquired Infections (HAIs), an increasing number of chronic patients rising number of surgical procedures, and adverse impact of COVID-19 are major factors responsible for medical disposables market growth. According to WHO, geriatric population was around 84 million in 2014 and is expected to reach 2 billion by 2050 across the globe. Therefore, the growing geriatric population across the globe is estimated to fuel market growth during the forecast period. Moreover, the recent outbreak of virus SARS-CoV-2 has increased the demand for emergency supplies, hospital equipment, and medical disposable products.

Medical Disposables Market Scope 

Report Coverage Details
Market Size in 2023 USD 456.99 Billion
Market Size by 2032 USD 1,473 Billion
Growth Rate From 2023 to 2032 CAGR of 13.9%
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Product, End User, Raw Material, Region
Companies Mentioned Bayer AG, BD, Smith & Nephew PLC, Cardinal Health, Medline Industries, Inc., 3M, MED-CON Inc., Medtronic, Boston Scientific, Becton, Dickinson and Company, Pfizer, Johnson and Johnson

 

COVID-19 Impact

The COVID-19 epidemic is still wreaking havoc on communities and economies around the world, claiming lives and causing instability and change. The COVID-19 pandemic had depicted the inadequacy of the U.S. healthcare system especially in terms of resilient and timely delivery of healthcare services. As per the American Hospital Association, COVID-19 pandemic has created a huge loss of about $202 billion across the healthcare industry that led to substantial lay off workers and scramble to reduce supply chain costs across healthcare systems.

At the beginning of early 2020, the country faced a daunting challenge due to the highly contagious virus SARS-CoV-2 (COVID-19), spread rapidly around the region. The outbreak at the beginning of 2020 triggered an exponential increase in demand for goods used in response to the pandemic, which resulted in severe supply chain challenges and constraints for certain vital COVID-19 related products. As, about 13 million Americans had been infected by the virus and over 250,000 Americans had died due to COVID-19 reported in November 2020.

Immediate outbreak response

Although there was a speedy response to the shortfalls across several key industries during the first half of 2020, it was not enough to meet the needs at the start of the pandemic. Four main contributing factors for shortage of PPE in 2020:

  • Dysfunctional budgeting model in hospital operating systems
  • A major demand shock triggered by healthcare system needs as well as panicked marketplace behavior depleted PPE inventories.
  • The federal government failed to maintain and distribute domestic inventories
  • Major disruptions to the PPE global supply chain caused a sharp reduction in PPE exported to the US, which was already highly dependent on globally-sourced PPE

However, as the pandemic continues, medical disposable constraints remain high, and for certain COVID-19 related medical disposables, supply constraints are not expected to wane until 2022.

Impact mitigation

People with treatable health concerns suffered disproportionately more during previous outbreaks because the healthcare system was strained too tight to function properly. The COVID-19 pandemic is no exception, and it could have had considerably more severe consequences.

Market Dynamics:

Driver:

Cost-effectiveness of the products:

Single-use goods are generally more cost-effective in the long run, even though most practitioners may believe they are an expensive option. This is because reusable equipment is costly, and its price only increases when needed to purchase more accessories. Additionally, the products need routine upkeep and cleaning and incur an additional charge for routine sterilization. Single-use goods, in contrast, are significantly less expensive. They require the most negligible maintenance and do not need elaborate sterilizing procedures, and the repair doesn't come at any extra expense. Instead, they can deliver goods of a similar calibre to those reusable ones. Therefore, the market for medical disposables is driven by the low cost of the products.

Restraint:

The surge in waste generation due to disposable products:

The sustainable healthcare industry must have effective biomedical waste management. Efficiency in treating the massive amount of generated biomedical waste became a chore for the entire world and a struggle in controlling the exuberant amount of trash with the burst of the COVID-19 pandemic when hospitals and care center was swamped with patients. According to evidence, improper waste management and flaws in the entire process—from segregation to collection to disposal—have created a significant threat to the environment and human life. This factor may hinder the market for medical disposables in the upcoming future. 

Opportunity:

Increasing Technological Advancements in the Devices by Startups:

Numerous entrepreneurs are working on a wide range of solutions to find viable single-use medical products on a global scale. For instance, a minimally invasive surgical tool is being developed by Irish firm Neurent Medical to cure inflammatory illnesses of the nasal. ENT doctors can treat patients in a clinical setting owing to the single-use portable device that utilizes radio frequencies. The equipment's microelectrode array can administer tailored energy to reduce irritation by inserting it into the nasal. 

Thus, more companies with novel products will create attractive opportunities in the worldwide market due to the rising demand and supply of disposable medical products, which will expand at a favourable rate over the next few years.

Product Insights

On the basis of products, the medical disposable market is fragmented into drug delivery products, wound management products, dialysis disposables, diagnostic & laboratory disposables, disposable gloves, respiratory supplies, incontinence products, disposable masks, non-woven disposables, disposable eye gear, sterilization supplies, and others. The fastest-growing market for medical disposables is expected to be disposable nonwovens. Both the patient and the healthcare provider are highly concerned about infection prevention. To lessen the risk of cross-infection, disposable nonwovens used in surgical situations have a protective barrier from particles, microorganisms, and fluid. The use of disposable gloves and masks during surgeries indicates a considerable decrease in the postoperative infection rate. The disposable product also lowers the possibility of infections, increasing biodegradable nonwoven product demand. 

Nonwoven materials can also be produced of natural fibers like linen, wood pulp, and cotton and polymers like polyester, polypropylene, polyethene, polytetrafluoroethylene, and nylon for usage in the medical industry. New biopolymers like polylactide (PLA) and others are also utilized to create biodegradable products. Therefore, the advantages of disposable nonwovens mentioned above are propelling market expansion on a global scale.

The hand sanitizer segment is anticipated to grow with the fastest CAGR during the forecast period. Hand sanitizers are generally produced with alcohol-free and alcohol-based in order to protect from harmful pathogens. The hand sanitizer segment is further subdivided into gel, foam, liquid, and others. Due to the rapid spread of COVID-19 across the globe, the demand for hand sanitizers is surging tremendously, thereby expected to drive the market for hand sanitizers.

Raw Material Insight

Based on raw material, the market is classified into nonwoven material, rubber, plastic resins, paper and paperboard, glass, metals, and others. In 2022, plastic resins accounted for the largest market share, as it is widely used for manufacturing medical devices like containers, disposable syringes, and other medical items. In the predicted year, plastic resins held the most significant market share. Medical tools made of steel, ceramic, or glass are progressively being replaced by equipment made of medical plastics, which is continuing to revolutionize the health sector. This is because they are light, affordable, and suitable for various manufacturing techniques.

Additionally, plastics used in medical equipment are biocompatible with humans' circulatory systems, and their convenience in disposal has been demonstrated to be a revolution in the healthcare sector. Due to their critical necessity, it has been discovered that numerous manufacturers and distributors of high-quality medical plastics benefit from consistent demand from the many health industries around the world.

North America Medical Disposables Market Share, By Raw Material, 2020 (%)

Raw Material Segment  2020 (%)
Plastic Resins 61.8%
Nonwoven Material 15.1%
Rubber 9.4%
Paper and Paperboard 5.4%
Metals 4.1%
Glass 2.8%
Others 1.4%

 

On the other hand, the nonwoven material segment is projected to have the fastest growth from 2023 to 2032. This material is widely used in clinics and hospitals, as it helps to protect from surgical site infections and borne infections. The nonwoven material is used for manufacturing sanitary napkins, masks, drapes, and surgical gowns. Thus, several applications of nonwoven material are anticipated to drive segment growth.

End-use Insight

By end-use, the market is segmented into outpatient/primary care facilities, hospitals, home healthcare, and others. In 2022, hospital segment dominated the global market and accounted for the largest market share in terms of revenue. Disposable medical supplies are also essential to protect patients and caretakers from infections and contaminants. For instance, 6.5% of all hospitalized patients in the European Union and 3.2% of all hospitalized patients in the United States are affected by HAI, and the prevalence is likely to grow globally. However, considerable effort is put into infection control techniques and developing hospital monitoring systems through infection prevention and control programs. As a result, hospitals use disposable materials frequently to prevent infection.

Home healthcare segment is projected to have significant growth over the forecast period. In home healthcare, medical disposable comprise syringes,lancets, gloves, disposable sheets, and needles. Factors such as growing geriatric population and government regulations for reducing hospital readmissions are expected to boost the segment growth extensively in the near future.

Regional Insights

In 2022, North America accounted for the largest market share due to the presence of a large number of market players and a growing number of surgeries in hospitals. On 20th April 2020, the report published by WHO, over 3,39,09 COVID-19 active patients are reported and in Canada, around 1,509 cases are detected. Thus, the growing number of COVID-19 patients rapidly in this region is expected to boost regional market growth.

In the foreseeable years, Asia Pacific is anticipated to expand fastest. The use of disposables among all healthcare workers in the Asia Pacific area has increased due to the growing demand for disposable medical products to safeguard patients and healthcare staff from transmitting diseases and the rising frequency of nosocomial infections in hospitals.

Using medical gloves in hospital settings to reduce the prevalence of hospital-acquired infections is one of the key elements driving sales revenue in the area. These infections include catheter-associated infections, central line-associated bloodstream infections (CLABSI), and surgical site infections (SSI).

Furthermore, in China, hospital supplies, including plastic syringes, bandages, and surgical gloves, make up the majority of disposables, the least complex goods in the medical device business. Due to the relatively straightforward nature of their construction and the relatively low risk of patient injury, these items are subject to fewer regulatory restrictions than the others.

However, a lack of proper cleanliness and awareness is to blame for India's rise in infectious diseases. For instance, non-communicable conditions are to blame for 44% of lost disability-adjusted life years and 53% of all fatalities in India. More than a sixth of the world's population lives in India, experiencing significant socio-economic development and a move toward chronic non-communicable diseases.

Recent Development

  • In December 2022, the largest and most varied manufacturer of healthcare goods in the world, Johnson & Johnson, stated that the acquisition of Abiomed, Inc. was complete. Abiomed will now function as a stand-alone company within Johnson & Johnson's MedTech division. Abiomed is now a part of Johnson & Johnson.
  • In April 2021, Cardinal Health was given a contract worth $57.8 million, with options that, if exercised by the U.S. Department of Health and Human Services (HHS), could increase it to $91.6 million. This was for the preservation and allocation of around 80,000 pallets of PPE to encourage the Strategic National Stockpile, a division of the department of the Assistant Secretary for Preparedness and Response within HHS.
  • In April 2021, for its $450 million injectables production, Pfizer used VR, robotics, and sterile technology. Never stepping foot inside, new production employees were familiar with the tools and processes at Pfizer's forthcoming sterile injectables facility.

Key Companies & Market Share Insights

Market players are engaged in adopting marketing strategies like product launch, product development, agreements, partnerships, merger, and acquisitions to strengthen their footprint in the competitive market. For example, in 2016, Medline completed an agreement with Premier, Inc. This agreement will help to reduce cost of surgical gloves. This initiative aims to unite with around 3,750 hospitals in the U.S. and 130,000 other providers.

Some of the prominent players in the medical disposables market include:

  • Bayer AG
  • BD
  • Smith & Nephew PLC
  • Cardinal Health
  • Medline Industries, Inc.
  • 3M
  • MED-CON Inc.
  • Medtronic 
  • Boston Scientific 
  • Becton, Dickinson and Company 
  • Pfizer
  • Johnson and Johnson

Segments Covered in the Report

This research report estimates revenue growth at global, regional, and country levels and offers an analysis of present industry trends in every sub-segment from 2020 to 2032. This research study analyzes market thoroughly by classifying global medical disposable market report on the basis of different parameters including product, raw material, end use, and region as follows:

By Product 

  • Wound Management Products 
  • Hand Sanitizers 
    • Gel Sanitizers 
    • Foam Sanitizers 
    • Liquid Sanitizers 
    • Other Sanitizers 
  • Non-woven Disposables 
    • Disposable Masks
    • Disposable Eye Gear
    • Disposable Gloves 
  • Drug Delivery Products 
  • Diagnostics and Laboratory Disposables 
  • Dialysis Disposables
  • Incontinence Products 
  • Respiratory Supplies 
  • Sterilization Supplies 
  • Others

By Raw Material 

  • Plastic Resins
  • Nonwoven Material
  • Rubber
  • Paper and Paperboard
  • Metals
  • Glass
  • Others

By End-use

  • Hospitals
  • Home Healthcare
  • Outpatient/Primary Care Facilities
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
  • Asia Pacific
    • China
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia

Frequently Asked Questions

What is the current size of medical disposables market?
According to Precedence Research, the global medical disposables market size was valued at USD 403.21 billion in 2022 and is projected to reach over USD 1,473 billion by 2032.
Which are the major growth factors of medical disposables market?
The major factors responsible for growth of medical disposables market are growing incidence of Hospital Acquired Infections (HAIs), an increasing number of chronic patients rising number of surgical procedures, and adverse impact of COVID-19.
What will be the CAGR of medical disposables market?
The medical disposables market is growing with noteworthy CAGR of 13.9% over forecast period 2023 to 2032.
Who are the top key players of medical disposables market?
Bayer AG, BD, Smith & Nephew PLC, Cardinal Health, Medline Industries, Inc. and 3M are the top key players of medical disposables market.
Why North America region held the largest market share in terms of revenue in 2022?
In 2022, North America held the largest market share in terms of revenue. Factors such as increasing awareness about protection from infections, technological advancement in the healthcare industry, and government initiatives for healthcare management are responsible for driving the market growth in North America.
Which region is expected to exhibit the fastest CAGR during the forecast period in medical disposable market?
Asia Pacific medical disposable market is expected to exhibit the fastest CAGR during the forecast period.

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