Medical
Disposables Market Worth $245 Billion By 2018
World medical disposables demand
to increase 6.6% annually through 2018 and reach nearly $245 Billion. The
upgrading and enforcement of infection prevention standards, coupled with an
expanding volume of hospital, surgical and outpatient procedures, will promote
overall gains.
Global medical disposables market
will be dominated by the United States, China, Japan, Russia, Germany, France,
Brazil, India, Italy and the United Kingdom, who will comprise the 10 largest
national markets, combining to absorb over two-thirds of the total value of
global demand in 2018. During the forecast period, average annual growth in
these markets will range from 3.6 percent in Japan to 15 percent in China. Among
the major disposable medical supply product segments, dialysis disposables will
post the fastest increases in global demand based on an expanding prevalence of
end-stage renal disorders and the high frequency of therapeutic requirements.
Segments projected to command average or better worldwide revenue growth include
incontinence goods, infusion and hypodermic devices, nonwoven products,
respiratory supplies and devices, sterilization supplies, and various other
offerings such as urinary catheters and accessories, first aid kits, ostomy
appliances, transdermal patches and waste disposal supplies.
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 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
postoperative patients. Drug delivery is another fast growing application for
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 perform other health care functions
themselves, including urinary drainage, and chronic wound management.
Demand for disposable medical
supplies in the United States, Western Europe, Japan, and most other developed
countries will expand at a below average pace as their 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
Brazil, Russia, India, China and many other emerging economies will exceed the
world average as health care sectors are expanded, modernized, and adapted to
formal infection prevention protocols.
(Ref:
http://www.reportsnreports.com/market-research/medical-devices/ )
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