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Medical Disposables Market Growth Analysis

The medical disposables market was valued at $144.67 billion in 2013 and is expected to grow at a CAGR of 4.3% from 2013 to 2021 to reach an estimated value of $183.95 billion by 2021. Chronic diseases, rising hospital admissions, and increasing surgical procedures are driving market growth. Drug delivery products currently hold the second largest market share and are expected to be the fastest growing segment due to new technologies like drug infusion pumps. North America currently holds the largest market share at over 36% while Asia-Pacific is expected to exhibit the fastest growth rate.

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9 views4 pages

Medical Disposables Market Growth Analysis

The medical disposables market was valued at $144.67 billion in 2013 and is expected to grow at a CAGR of 4.3% from 2013 to 2021 to reach an estimated value of $183.95 billion by 2021. Chronic diseases, rising hospital admissions, and increasing surgical procedures are driving market growth. Drug delivery products currently hold the second largest market share and are expected to be the fastest growing segment due to new technologies like drug infusion pumps. North America currently holds the largest market share at over 36% while Asia-Pacific is expected to exhibit the fastest growth rate.

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Transparency Market

Research
Medical Disposables Market is
growing at a CAGR of 4.3% from
203 to 20!. "# $ransparenc#
Market Researc%.
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Medical Disposables Market is growing at a CAGR of 4.3% from
203 to 20!. "# $ransparenc# Market Researc%.
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Press Release
Medical Disposables
Market
Medical Disposables Market was valued at USD 144.67 billion in 2013 and is expected to row at
a !"#$ o% 4.3& %ro' 2013 to 201() to reac* an esti'ated value o% USD 1(3.+( billion in 201(.
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1*e rowin incidence o% c*ronic diseases suc* as cancer) diabetes and cardiovascular) ain
lobal population) coupled wit* increasin volu'es o% *ospital ad'issions are t*e 'ost
i'portant rowt* drivers %or t*e 'edical disposables 'arket. 2urt*er'ore) increasin inpatient
and outpatient surical procedures and t*e risin acceptance o% *o'e *ealt*care will %uel t*e
%uture rowt* o% t*is 'arket.
1*e dru deliver/ products 'arket *eld t*e second larest 'arket s*are in 2011. 3n addition) it is
expected to be t*e %astest rowin se'ent o% t*e total 'edical disposables 'arket due to t*e
introduction o% tec*noloicall/ advanced products) suc* as dru in%usion pu'ps) caterin to an
increasin pool o% patients su4erin %ro' c*ronic diseases.
1*e 5ort* "'erican 'edical disposables 'arket *eld t*e larest s*are o% t*e lobal 'arket at
over 36& in 2011. 1*e "sia07aci8c 'arket is expected to ex*ibit t*e %astest rowt* rate durin
t*e %orecast period due to t*e continuous econo'ic develop'ent and t*e presence o% *i*
un'et 'edical needs in rapidl/ developin countries suc* as 3ndia and !*ina.
So'e o% t*e ke/ pla/ers o% 'edical disposables 'arket in 2011 include 9o*nson : 9o*nson)
!ovidien plc) ,ecton) Dickinson and !o'pan/ and 3M !o'pan/.
1*e lobal 'edical disposables 'arket is cateori;ed into t*e %ollowin se'ents-
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Medical Disposables
Market
1ransparenc/ Market $esearc* is a 'arket intellience co'pan/ providin lobal business in%or'ation
reports and services. =ur exclusive blend o% Iuantitative %orecastin and trends anal/sis provides %orward0
lookin insi*t %or t*ousands o% decision 'akers.
<e are privileed wit* *i*l/ experienced tea' o% "nal/sts) $esearc*ers and !onsultants) w*o use
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business o4erins represent t*e latest and t*e 'ost reliable in%or'ation indispensable %or businesses to
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