Medical
Disposables Market was valued at USD 144.67 billion in 2013 and is
expected to grow at a CAGR of 4.3% from 2013 to 2019, to reach an
estimated value of USD 193.89 billion in 2019.
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The
growing incidence of chronic diseases such as cancer, diabetes and
cardiovascular, aging global population, coupled with increasing
volumes of hospital admissions are the most important growth drivers
for the medical disposables market. Furthermore, increasing inpatient
and outpatient surgical procedures and the rising acceptance of home
healthcare will fuel the future growth of this market.
The
drug delivery products market held the second largest market share in
2011. In addition, it is expected to be the fastest growing segment
of the total medical disposables market due to the introduction of
technologically advanced products, such as drug infusion pumps,
catering to an increasing pool of patients suffering from chronic
diseases.
The
North American medical disposables market held the largest share of
the global market at over 35% in 2011. The Asia-Pacific market is
expected to exhibit the fastest growth rate during the forecast
period due to the continuous economic development and the presence of
high unmet medical needs in rapidly developing countries such as
India and China.
Some
of the key players of medical disposables market in 2011 include
Johnson & Johnson, Covidien plc, Becton, Dickinson and Company
and 3M Company.
The
global medical disposables market is categorized into the following
segments:
Medical
Disposables Market, by Product Type
Wound
Management Products
Non-woven
Medical Disposables
Drug
Delivery Products
Others
(Diagnostic and Laboratory Disposables)
Medical
Disposables Market, by Geography
North
America
U.S.
Europe
Asia-Pacific
Rest
of the World (RoW)
U.S.
Medical Disposables Market, by End-User
Hospitals
Home
Healthcare
Outpatient
Facilities
Others
(Physician offices, dental offices, emergency care etc.)
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