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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.

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