Global And U.S. Medical Disposables Market, By Product Type (Wound Management, Nonwoven Medical Disposables, Drug Delivery Products, Others), By End User (Hospitals, Home Healthcare, Outpatient Facilities, Other), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Aug 2020

Code : CMI4073

Pages :183

Formats :

Excel and PDF

Industry : Medical Devices

Global And U.S. Medical Disposables MarketSize and Trends

The global and U.S medical disposables market is estimated to account for US$ 55.3 Mn in terms of value in 2020 and is expected to reach US$ 75.2 Mn by the end of 2027.

Global and U.S Medical Disposables Market: Drivers

Increasing prevalence of chronic conditions is expected to propel growth of the global and U.S medical disposables market over the forecast period. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S.

Market Trends/Key Takeaways

Emergence of Covid-19 is expected to propel growth of the global and U.S medical disposables market. For instance, in July 2020, Ukraine received a batch of humanitarian aid from the Government of the People's Republic of China, which included coronavirus diagnostic test kits (50,016 units), medical masks (50,000 units), medical goggles (30,000 units), contactless thermometers (1,000 units), medical surgical masks (200,000 units), medical protective suits (30,000 units), disposable medical gloves (50,000 units).

Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in January 2019, SynergEyes, Inc. launched SimplifEyes 1 Day daily disposable lens with dual tangible polymers.