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DOWNLOAD SAMPLE“Step into a realm of unlimited potential as we unveil the most up-to-date and meticulously researched data on the APAC disposable medical supplies market. Navigate the vast landscape of opportunities, providing crucial insights, precise market size figures, and forecasts that will shape your success story.”
The APAC disposable medical supplies market was valued at USD 125.65 billion in 2022 and is expected to reach USD 283.93 billion by 2028, growing at a CAGR of 14.55% during the forecast period. Disposable medical supplies are medical devices or apparatus intended for single-use or short-term use in healthcare settings. Medical disposables are products used to protect healthcare workers from diseases and infections. These are used during medical examinations, surgical procedures, and treatments to prevent cross-contamination between doctors and caregivers and between doctors and patients. These supplies are essential in hospital settings, saving staff time and reducing healthcare-associated costs.
The disposable medical supplies market prospects look exceptionally promising, projected to almost double its current value by 2028. The catalysts driving this growth include the continuous approval of new products, relentless technological advancements, and a burgeoning target patient population, which expands with each year. To seize these lucrative opportunities, vendors, particularly those in the dynamic Asia-Pacific (APAC) region, must remain dedicated to constantly developing and launching innovative products. Such commitment fuels healthy sales growth and bolsters market share, which is crucial to thriving in this dynamic industry.
The study considers a detailed scenario of the present disposable medical supplies market and its market dynamics for 2023−2028 in APAC. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent players operating in the market.
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Summary
- The demand for disposable medical supplies is on the rise due to multiple factors, including the rising number of surgical procedures, an increase in hospital-acquired infectious diseases (HAI) and other chronic conditions, and growing awareness of the importance of maintaining health and hygiene are the major factors driving the growth of the disposable medical supplies market.
- In 2022, China accounted for a significant revenue share of over 20% and was the largest market, followed by India and then Japan in the APAC disposable medical supplies market.
- In the product type segmentation of the APAC disposable medical supplies market, the surgical supplies segment accounted for the highest share in 2022 and is projected to grow at the highest CAGR of 15.45% during the forecast period. The increasing demand for disposable surgical supplies is due to the number of surgeries conducted. As the number of surgeries increases, so will the need for surgical gloves, gowns, drapes, feeding tubes, and procedure kits and trays, propelling the growth of the APAC disposable medical supplies market.
- The hospital end-user segment of the APAC disposable medical supplies market accounted for the highest share and is projected to grow at the highest CAGR during the forecast period. This dominance can be attributed to the rise in hospital admissions for surgeries and treatments, increasing awareness about hospital-acquired infections, and the high usage of disposable medical supplies in hospitals.
- The technological advancements in medical supplies for homecare settings are key trends observed in the industry. Major players in the market are focused on enhancing their product portfolio with advanced technologies to retain their foothold. In 2020, single-use or disposable medical devices were considered a significant cost-saver compared to cost-effective reusable medical supplies.
- Medline Industries Inc, Cardinal Health, 3M Company, Smith+Nephew, and Terumo Medical Corp are some leading players currently dominating the APAC disposable medical supplies market. The major players focus on strategic acquisitions and collaborations with emerging players to enter the disposable medical supplies market and access commercially launched products.
THE FOLLOWING MARKET SEGMENT ANALYSIS IS INCLUDED IN THIS REPORT
SEGMENTATION & FORECAST
• Product type
▪ Surgical Supplies
▪ Infusion & Hypodermic Products
▪ Diagnostic & Laboratory Disposables
▪ Medical Nonwoven Disposables & Personal Protection Equipment (PPEs)
▪ Wound Dressing & Disposable Bandages
▪ Intubation & Ventilation Supplies
▪ Others
• End-user type
▪ Hospitals
▪ Clinical & Research Laboratories
▪ Ambulatory Care Facilities
▪ Others
MARKET STRUCTURE
• Market Dynamics
• Competitive Landscape of Disposable Medical Supplies Market
• Key Vendors
• Other Prominent Vendors
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Table Of Contents
• Executive Summary
• Key Findings
• APAC: Projected Revenue of Disposable Medical Supplies (2022-2028; $Billions)
- APAC: Projected Revenue by Product type (2022-2028; $Billions)
- Surgical Supplies
- Infusion & Hypodermic Products
- Diagnostic & Laboratory Disposables
- Medical Nonwoven Disposables & Personal Protection Equipment (PPEs)
- Wound Dressing & Disposable Bandages
- Intubation & Ventilation Supplies
- Others
- APAC: Projected Revenue by End-user type (2022-2028; $Billions)
- Hospitals
- Clinical & Research Laboratories
- Ambulatory Care Facilities
- Others
• China: Projected Revenue of Disposable Medical Supplies Market (2022-2028; $Billions)
• India: Projected Revenue of Disposable Medical Supplies Market (2022-2028; $Billions)
• Japan: Projected Revenue of Disposable Medical Supplies Market (2022-2028; $Billions)
• South Korea: Projected Revenue of Disposable Medical Supplies Market (2022-2028; $Billions)
• Australia: Projected Revenue of Disposable Medical Supplies Market (2022-2028; $Billions)
• Disposable Medical Supplies Market Opportunities & Trends
• Disposable Medical Supplies Market Drivers
• Disposable Medical Supplies Market Constraints
• Disposable Medical Supplies - Competitive Landscape
• Disposable Medical Supplies – Key Vendor Profiles
• Disposable Medical Supplies – Other Prominent Vendors
• Disposable Medical Supplies - Key Strategic Recommendations
• Research Methodology
• Abbreviations
• About Arizton
Exhibit 1: Projected Revenue of Disposable Medical Supplies Market in APAC (2022 – 2028)
Exhibit 2: Projected Revenue of Disposable Medical Supplies Market by Surgical Supplies (2022 – 2028)
Exhibit 3: Projected Revenue of Disposable Medical Supplies Market by Infusion & Hypodermic Products (2022 – 2028)
Exhibit 4: Projected Revenue of Disposable Medical Supplies Market by Diagnostic & Laboratory Disposables (2022 – 2028)
Exhibit 5: Projected Revenue of Disposable Medical Supplies Market by Medical Nonwoven Disposables & Personal Protection Equipment (PPEs) (2022 – 2028)
Exhibit 6: Projected Revenue of Disposable Medical Supplies Market by Wound Dressing & Disposable Bandages (2022 – 2028)
Exhibit 7: Projected Revenue of Disposable Medical Supplies Market by Intubation & Ventilation Supplies (2022 – 2028)
Exhibit 8: Projected Revenue of Disposable Medical Supplies Market by Others (2022 – 2028)
Exhibit 9: Projected Revenue of Disposable Medical Supplies Market by Hospitals
(2022 – 2028)
Exhibit 10: Projected Revenue of Disposable Medical Supplies Market by Clinical & Research Laboratories (2022 – 2028)
Exhibit 11: Projected Revenue of Disposable Medical Supplies Market by Ambulatory Care Facilities (2022 – 2028)
Exhibit 12: Projected Revenue of Disposable Medical Supplies Market by Others (2022 – 2028)
Exhibit 13: Projected Revenue of Disposable Medical Supplies Market in China (2022 – 2028)
Exhibit 14: Projected Revenue of Disposable Medical Supplies Market in India (2022 – 2028)
Exhibit 15: Projected Revenue of Disposable Medical Supplies Market in Japan (2022 – 2028)
Exhibit 16: Projected Revenue of Disposable Medical Supplies Market in South Korea
– 2028)
Exhibit 17: Projected Revenue of Disposable Medical Supplies Market in Australia
(2022 – 2028)
Table 1: Key Market Trends in Disposable Medical Supplies Market
Table 2: Key Market Enablers in Disposable Medical Supplies Market
Table 3: Key Market Constraints in Disposable Medical Supplies Market
Table 4: Strategic Recommendations in Disposable Medical Supplies Market
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