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Report ID: SQMIG35B2203
Report ID:
SQMIG35B2203 |
Region:
Global |
Published Date: May, 2024
Pages:
218
|
Tables:
103 |
Figures:
75
Global Disposable Medical Supplies Market size was valued at USD 422.5 billion in 2022 poised to grow from USD 496 billion in 2023 to USD 1789.9 billion by 2031, growing at a CAGR of 17.4% in the forecast period (2024-2031).
Medical supplies that can be used and disposed of after use are known as disposable medical supplies. The growing incidence of hospital acquired infections and rising awareness regarding the same are projected to bolster the demand for disposable medical supplies over the coming years. Surging prevalence of infectious diseases and advancements in healthcare technology are forecasted to augment disposable medical supplies market growth across the forecast period. High use of personal protective equipment (PPE) in healthcare establishments is also slated to favor market development in the future. Rapidly increasing geriatric population is also propelling the demand for incontinence products, which are also classified as disposable medical supplies. Increasing rates of hospitalization and investments in healthcare infrastructure development are also slated to uplift sales of disposable medical supplies in the long run. On the contrary, healthcare waste management issues, environmental concerns, and budget constraints are slated to be the top restraints for market growth in the future.
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Report ID: SQMIG35B2203