The global medical disposables market which constitutes products such as drug delivery, wound management and non-woven medical disposables, was dominated by the North American market in terms of share in 2011. The U.S. medical disposables market held majority of the market share of the North American medical disposables market in 2011 at over 70%. The U.S. medical disposables market by end-users is segmented into hospitals, home healthcare, outpatient facilities, and other end-users (physician offices, dental offices and emergency care). On the basis of end-users, the U.S. hospital market constitutes the largest segment with market value of more than USD 18 billion in 2011. The U.S. hospital market will be boosted by rising volumes of hospital admissions, surgical procedures, emergency visits, institutional-based ambulatory regulations, and the phasing-in of HHS Action Plan recommendations. Some other factors that will influence the market will be the impact of group purchasing practices and cost containment initiatives.
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The market for infusion devices, surgical drapes and gowns, safety enhanced surgical instruments, and surgical gloves will be enhanced by the expected growth in inpatient and outpatient surgeries. In addition, the sales of sterilization supplies (e.g., non-woven wrap and biological indicators) will be boosted by reprocessing of surgical instruments.
The market that will witness the highest growth on the basis of end-users is the U.S. home health care market. The factors that will augment the use of disposable medical supplies in the home health care market are incentives for preventive medicine, self-treatment, short hospital stays, and the expansion of senior residential facilities.
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The market trends for the medical disposables market are also analyzed on a geographic basis by segmenting the overall market into four regions namely North America, Europe, Asia-Pacific and the rest of the world regions. Out of all these regions the North America medical disposables market held majority of the market share in 2011 owing to an expanding volume of patient care activity spurred by aging demographic patterns and a related rise in the number of incidences of diseases and disorders. The North America medical disposables market is expected to maintain its market position in terms of share throughout the forecast period. Some of the drivers assisting the growth and market position of the North American market are listed below:
Presence of sophisticated medical infrastructure (hospitals, and research and development facilities)
Aging population leading to increase in demand for medical services
Presence of high disposable incomes and elevated awareness levels among patients
Rising home healthcare market
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The North American market was followed by the European medical disposables market in terms of market share in 2011 on account of the following drivers:
- Relatively less stringent CE approval norms for medical devices, in comparison with the U.S. FDA approval norms
Rising healthcare expenditure, presence of sophisticated healthcare infrastructure, existence of high disposable incomes among consumers in developed European economies such as France, Germany, Italy, the U.K., and others
Favorable initiatives undertaken by the government of the U.K and other non-profit organizations such as DFID (Department for International Development) to elevate patient awareness levels pertaining to cancer, diabetes, and birth control.
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