Transparency Market Research Medical Disposables Market is growing at a CAGR of 4.3% from 2013 to 2019. By Transparency Market Research.
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Published Date 09-July-2013
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Medical Disposables Market is growing at a CAGR of 4.3% from 2013 to 2019. By Transparency Market Research. Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Medical Disposables Market
REPORT DESCRIPTION
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
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Medical Disposables Market
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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Medical Disposables Market
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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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