Global demand for disposable medical supplies is projected to grow 6.4 percent annually to nearly $200 billion in 2016. The upgrading and enforcement of infection prevention standards, coupled with an expanding volume of hospital, surgical and outpatient procedures, will promote overall gains. The United States, China, Japan, Germany, Russia, France, India, Italy, the United Kingdom, and Brazil will comprise the ten largest geographical markets, combining to absorb nearly 70 percent of global demand in 2016. During the forecast period (2011- 2016), average annual growth in these markets will range from 3.7 percent in Japan to nearly 13 percent in China.
Demand for disposable medical supplies in the United States, Western Europe, Japan and virtually all other developed countries will expand at a below average pace through 2016 and beyond, given that medical delivery systems are well established, meet the health care needs of most residents, and have already adopted stringent infection prevention standards. By contrast, growth in China, India, Brazil, Russia, and many other emerging economies will exceed the world average as health care sectors are expanded, modernized, and adapted to formal infection prevention protocols.
The range of disposable medical supplies consumed worldwide extends into 11 major product segments and 8 additional product lines. Among the major product segments, world demand in 2016 will range from $7.5 billion for patient room supplies to $32.2 billion for surgical instruments and supplies. Dialysis disposables will realize the fastest growth based on an increasing global prevalence of serious renal disorders. Other product segments projected to see above average gains in demand include infusion and hypodermic devices, diagnostic and laboratory disposables, nonwoven garments and textiles, and respiratory supplies and devices. The fastest growth among the eight additional product lines will evolve in transdermal patches, urinary catheters and accessories, and first aid kits.
Advances in disposable medical supplies are contributing significant improvements to the safety and outcome of patient procedures. Products such as Level 4 microbial resistant surgical gowns and drapes have greatly reduced the risk of spreading air- and blood-borne infections during surgery. New polymer and bioengineered tissue sealants are decreasing the length of many surgical procedures and are promoting the faster recovery of post-operative patients.
Drug delivery comprises another fast growing application served by disposable medical supplies. New and improved safety-engineered prefillable and hypodermic syringes and IV catheters have substantially lowered the risk of accidental staff and patient needlesticks before and after medication injections. Innovations in prefilled inhalers and transdermal patches are expanding the range of chronic conditions adaptable to cost effective self treatment. In addition to drug delivery, innovations in disposable medical supplies are enabling patients to self perform a number of other health care functions, including blood glucose testing, urinary drainage, and chronic wound management.
This Freedonia industry study, “World Disposable Medical Supplies”, presents historical demand data for the years 2001, 2006 and 2011, plus forecasts for 2016 and 2021 by product, world region and for 54 countries. The study also considers key market environment factors, evaluates company market share and profiles 36 industry competitors.