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Medical Disposables Market: Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

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Medical Disposables Market By Product, By Raw Material, By End-use – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030.

The global Medical Disposables market size is expected to be worth around US$ 2.01 trillion by 2030, according to a new report by Vision Research Reports.

The global Medical Disposables market size was valued at US$ 340.3 billion in 2020 and is anticipated to grow at a CAGR of 20.7% during forecast period 2021 to 2030.

Get the sample pages of report@ https://www.visionresearchreports.com/report/sample/38455

Report Highlights

The sterilization supplies segment dominated the market for medical disposables and held the largest revenue share of over 23.0% in 2020. Based on product, the market is segmented into wound management products, drug delivery products, diagnostic and laboratory disposables, dialysis disposables, incontinence products, respiratory supplies, sterilization supplies, non-woven disposables, disposable masks, disposable eye gear, and others.

 The outbreak of COVID-19 has tremendously surged the demand for hand sanitizers across the globe. As per the World Health Organization guidelines, frequent application of hand sanitizers has been recommended to every individual in order to prevent the transmission of the coronavirus.

Based on raw material, the plastic resins segment dominated the market and accounted for the largest revenue share of over 68.0% in 2020. Plastic resins have been widely used for making medical devices such as, containers, tubes for intravenous solutions, and other packaging materials for medicines.

The non-woven material segment is anticipated to witness the fastest growth over the forecast period. The nonwoven material is mostly preferred as compared to woven material in hospitals and clinics as it provides better protection against hospital-borne infections and surgical site infections.

The hospital segment dominated the market and held the largest revenue share of 54.0% in 2020. This is due to the rising number of patient admissions in hospitals for surgeries and treatments for COVID-19. As per a study conducted by the University of California, San Francisco, in 2016, on average, more than 2000 tons of waste are generated by operating rooms per day, of which a significant portion of waste is from disposable medical supplies.

The home healthcare segment is anticipated to witness considerable growth over the forecast period. Medical disposables in the home healthcare segment mainly include used, syringes, solid bandages, disposable sheets, and gloves.

North America dominated the market and held the largest revenue share of 43.3% in 2020, owing to the increasing number of surgeries and the presence of key market players in this region. Moreover, an increase in the number of COVID-19 patients in this region has spurred the demand for medical disposables. As per a report published by the WHO on 20th April 2020, more than 3,39,09 existing cases were reported and more than 1,509 new confirmed cases were detected in Canada.

View Full Report ToC@ https://www.visionresearchreports.com/medical-disposables-market/toc/38455

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Key Players

  • Medline Industries, Inc.
  • Smith & Nephew PLC
  • Bayer AG
  • BD
  • 3M
  • Cardinal Health

Market Segmentation

  • Product
    • Wound Management Products
    • Drug Delivery Products
    • Diagnostic and Laboratory Disposables
    • Dialysis Disposables
    • Incontinence Products
    • Respiratory Supplies
    • Sterilization Supplies
    • Non-woven Disposables
    • Disposable Masks
    • Disposable Eye Gear
    • Disposable Gloves
    • Hand Sanitizers
      • Gel Sanitizers
      • Foam Sanitizers
      • Liquid Sanitizers
      • Other Sanitizers
    • Others
  • Raw Material
    • Plastic Resin
    • Nonwoven Material
    • Rubber
    • Paper and Paperboard
    • Metals
    • Glass
    • Others
  • End-use
    • Hospitals
    • Home Healthcare
    • Outpatient/Primary Care Facilities
    • Others
  • Regional Outlook (Revenue, USD Million, 2016 – 2028)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
    • MEA
      • South Africa
      • Saudi Arabia
      • UAE

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Buy this premium research report (USD 3500), click here@ https://www.visionresearchreports.com/report/cart/38455 or call: +1 9197 992 333

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Steve Robber

My name is Steve Robber, I’m the Owner of Market Stats News. Steve has served in many positions at various organizations for the past seven years. Currently he is an Author at Finance.Yahoo. Contact us for a free news publication, we look forward to speaking with you!

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