Disposable medical supplies have gathered increasing pace in the healthcare industries in recent decades, and is driven by the rising focus of healthcare providers to contain the risks of infections. Their use occupies a vital role in managing intrahospital infections. Rising incidence of infectious diseases and the disproportionate pace of growth in the healthcare infrastructure have led to rising possibilities of infections passing from patients to clinicians. The use of disposable medical supplies as a protective measure for patients and physicians has generated widespread interest in various regions across the globe. This has underpinned the rapid evolution of the disposable medical supplies market.
The demand for disposable medical supplies gained robust momentum from intensifying regulatory oversight to prevent patient and staff harms. In numerous developing countries, awareness has risen with respect to the use of drug delivery-related products and patient room supplies so as to cause no harm to the patients and the hospital staff.
Rising Need for Reducing Risks of Hospital-Acquired Infections fuels Demand
The rising incidence of the incidence of nosocomial infections is a crucial factor that has intensified the need for disposals replacing the reusable ones. These infections have been a source of several life-threatening pathogens to patients and staff. Furthermore, hospital-acquired infections (HAIs) have emerged as a source of substantial morbidity and mortality.
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However, despite the large potential of disposable medical supplies, there are some caveats hampering their prospects. One of the most significant of these is the landfill problem caused by improper dumping of these medical supplies.
However, manufacturers are addressing this concern by going for biodegradable materials that can ease recyclability of such materials. The use of such materials in medical supplies reduces the environmental impact. Over the past few years, hospitals ambulatory surgical centers, and healthcare centers have entered into partnerships with reprocessing and recycling firms that help them manage the rising medical waste from disposable medical supplies.
Disposable Medical Supplies Market – Notable Developments
- In July 2017, Cardinal Health, a leading provider of disposable medical supplies acquired Medtronic’s business of Patient Care, Nutritional Insufficiency and Deep Vein Thrombosis for US$ 6.1 billion.
- Solvay, a global leader in speciality polymers announced in October 2018 that the company has introduced new single-use surgical instrument kit – Redi-Spine™ kit designed for minimally invasive spinal fusion surgery.
Some of the most prominent competitors operating in the competitive landscape of global disposable medical supplies market include –
- Covidien Ltd.
- Medtronic PLC. Company
- Molnlycke Health Care AB
- Cardinal Health.
- Sempermed USA, Inc.
- Medline Industries, Inc.
- McKesson Corporation
- Halyard Health
Disposable Medical Supplies Market Dynamics
Healthcare Facilities Embrace Single-Use and Disposable Technologies for Cost Savings
Single-use or disposable medical devices are considered as a significant cost saver as compared to cost-effective reusable medical supplies. In addition, single-use or disposable medical supplies help in avoiding chances of infection spread and labor-intensive and complex process for reusing the supplies. Thus, disposable medical supplies can help healthcare facilities in cost savings that are involved in logistics and reprocessing of reusable medical supplies.
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Manufacturers Focusing on Implementing Biodegradable Materials to Reduce Biomedical Waste
With the increased focus on patient-centered care and accountability, emphasis on reducing biomedical waste has led manufacturers to implement biodegradable materials in disposable medical supplies. Most of the commercially available single-use or disposable medical supplies are recyclable. Because of which disposable medical supplies that usually end up in unwanted places or landfills can be collected and can be recycled. Towards this, hospital facilities and ambulatory surgical centers have partnered with reprocessing and recycling firms for the management of medical waste.
Disposable Medical Supplies Market to Grow with Increased Efforts of Healthcare Sector to Prevent HAIs
Hospital-acquired infections (HAI) present major challenges to the healthcare industry with CDC estimation of 1 in 25 patients suffering from HAIs. With the increasing penalty of HAIs in the healthcare infrastructure, demand for disposable medical supplies that aids in the prevention of HAIs is increasing in hospitals and other healthcare facilities.
Also, in the United States, the Joint Commission on the Accreditation of Healthcare Organizations (JCAHO) and the Centers for Disease Control and Prevention (CDC) and others are prompting the hospitals and other healthcare facilities to follow standards and protocols with an aim to prevent patient’s exposure to potential and life-threatening pathogens. That combined with healthcare establishments’ proactive measures to prevent the spread of HAIs is likely to augur well for the disposable medical supplies market in the coming years.
Disposable Medical Supplies Market – Regional Outlook
North America presents a prominent consumer of disposable medical supplies. The United States accounts for a significant bulk of disposable medical supplies in North America owing to the presence of established healthcare infrastructure and stringent regulatory framework. Utilization of disposable medical supplies in the developing economies of Asia Pacific and Middle East and Africa is increasing with increasing investments in developing hospital infrastructure and improving living standards in these regions.
Disposable Medical Supplies Market – Segmentation
The disposable medical supplies market is segmented on the basis of product type, end users and indication.
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Based on Product Type, the disposable medical supplies market is segmented into,
- Feeding Tubes
- Procedure Kits and Tray
Based on End Users, the disposable medical supplies market is segmented into,
- Ambulatory Surgery Centers
- Assisted Living Centers & Nursing Homes
- Clinics/Physician Offices
- Research Institutes
Based on Indication, the disposable medical supplies market is segmented into,
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