World Medical
Disposable Market
World demand to rise 6.4%
annually through 2016
As per a recent study by
“Freedonia Group” ,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.
Dialysis disposables to be
fastest growing products
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.
Disposable drug delivery
supplies also to grow rapidly
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.
A recent study by “Freedonia
Group”, analyzes the world disposable medical supply industry. It presents
historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016
and 2021 by product (e.g., wound management supplies nonwovens, diagnostic and
laboratory disposables, drug delivery devices, catheters, surgical disposables,
sterilization supplies, gloves), world region and major country. The study also
considers market environment factors, discusses raw materials, evaluates company
market share and profiles industry competitors.
The report includes Company
profiles for 36 global competitors including B. Braun Melsungen, Covidien,
Johnson & Johnson, Kimberly-Clark, 3M and more.
( Ref: http://www.rnrmarketresearch.com/world-disposable-medical-supplies-to-2016-market-report.html
)
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