NEW YORK , Oct. 10, 2022 /PRNewswire/ -- The global disposable hospital supplies market size is expected to grow by USD 43.4 billion , accelerating at a CAGR of 8.2% between 2020 and 2025. According to the report, technological advances will have a positive impact on the growth of the market. In addition, the increasing number of hospitalizations and surgical procedures will fuel the growth of the market. Identify key drivers, trends, and challenges impacting the growth of the market. Download PDF Report Sample Here
The report on the disposable hospital supplies market offers a comprehensive analysis by product (consumables and devices) and geography (North America , Europe , APAC, MEA, and South America ).
By product, the consumables segment accounted for a significant share of the market in 2021. The segment includes gloves, gowns, face masks, drapes, bandages and wraps, and surgical sponges. These products are used in various surgical and non-surgical applications such as radiology, sterilization, dialysis, and wound care. The increasing number of surgical procedures, growing demand for various diagnostic procedures, rising incidences of contagious and infectious diseases, and the increasing awareness among healthcare providers to maintain safety and hygiene in hospitals are driving the growth of the segment.
Based on the geography. the market witnessed maximum growth in North America in 2021 and the region is expected to continue its dominance in the market during the forecast period. Factors such as growing incidences and prevalence of infectious diseases, an increasing number of surgical and diagnostic procedures, growing awareness among healthcare workers, stringent regulations at hospital facilities, favorable government initiatives, and the presence of prominent vendors are driving the growth of the regional market.
Disposable Hospital Supplies Market: Major Growth Drivers
The following factors are expected to drive the growth of the market during the forecast period:
An increasing number of hospitalizations and surgical procedures
Growing incidences of infectious diseases
Growing demand for disposables to avoid nosocomial infections
In addition, the report identifies technological advances as a major trend in the disposable hospital supplies market. Vendors in the market are focusing on the development of advanced, high-quality disposable medical supplies for a wide range of medical and surgical applications. They are adopting innovative technologies to enhance the performance, durability, comfort, and usability of their products. For instance, Ansell Ltd. is increasingly focusing on the R&D of advanced disposable surgical gloves. The company uses SENSOPRENE Technology to deliver a high degree of sensitivity with enhanced durability and optimum skin protection to the wearer. The launch of such technologically advanced and innovative products is expected to drive the growth of the market.
The report helps businesses create strategies to make the most of future growth opportunities. Request Free Sample Report Now
Disposable Hospital Supplies Market: Key Vendor Offerings
3M Co.: The company offers disposable N95 respirators among other hospital supplies.
Ansell Ltd.: The company offers various product lines for disposable gloves such as TouchNTuff, EDGE, and many more.
B. Braun Melsungen AG: The company offers disposable hospital supplies under the brand name Sterican safety needle.
Becton Dickinson and Co.: The company offers disposable hospital supplies such as surgical masks and procedural masks.
Cardinal Health Inc.: The company offers disposable hospital supplies such as surgical masks and procedural masks.
Reasons to Buy Disposable Hospital Supplies Market Report:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist disposable hospital supplies market growth during the next five years
Estimation of the disposable hospital supplies market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the disposable hospital supplies market across North America , Europe , APAC, MEA, and South America
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of disposable hospital supplies market vendors
This report can be personalized to suit your business requirements. Enquire Before Purchasing
Medical Disposable Gloves Market by Product and Geography - Forecast and Analysis 2022-2026
Disposable Respiratory Masks Market by Product and Geography - Forecast and Analysis 2022-2026
Disposable Hospital Supplies Market Scope
Accelerate at a CAGR of 8.2%
North America, Europe, APAC, MEA, and South America
US, China, UK, Germany, and Canada
Leading companies, competitive strategies, consumer engagement scope
3M Co., Ansell Ltd., B. Braun Melsungen AG, Becton Dickinson and Co., Cardinal Health Inc., Johnson and Johnson Inc., Nipro Corp., Semperit AG Holding, Smith and Nephew plc, and Stryker Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2021-2026
5.3 Facemasks - Market size and forecast 2021-2026
5.4 LMA - Market size and forecast 2021-2026
7.3 North America - Market size and forecast 2021-2026
7.4 Europe - Market size and forecast 2021-2026
7.5 Asia - Market size and forecast 2021-2026
7.6 Rest of World (ROW) - Market size and forecast 2021-2026
7.7 US - Market size and forecast 2021-2026
7.8 Germany - Market size and forecast 2021-2026
7.9 China - Market size and forecast 2021-2026
7.10 UK - Market size and forecast 2021-2026
7.11 India - Market size and forecast 2021-2026
8.3 Impact of drivers and challenges
11.3 Currency conversion rates for US$
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/disposable-hospital-supplies-market-to-grow-by-usd-43-41-bn-technological-advances-identified-as-a-major-trend--technavio-301644720.html
The US energy industry is largely comprised of private-sector firms with investors and shareholders. Saudi Arabia and Russia don't have that problem.
"They are in everything from the remote control on your TV to the fastest supercomputers in the world, to healthcare devices, to our military's weapons systems."
The iconic investor's approach could work for anyone hoping to retire with significant dividend income.
Exxon is building a base as the conflict in Ukraine rages on and as Q3 earnings are due later this month.
Applied Materials (NASDAQ: AMAT) revised its fiscal fourth-quarter outlook on Oct. 12 in response to the Biden Administration's new restrictions on the export of semiconductors and semiconductor equipment to China.
Most retired workers depend on multiple streams of income during their retirement. Two of the most common such income streams are Social Security and pensions. If we look at pension vs. Social Security income, we find significant differences. Retired workers … Continue reading → The post Pension vs. Social Security: Key Differences appeared first on SmartAsset Blog.
Knowing how much you need for retirement is multi-factored: It’s not just about how much you saved, it’s also about knowing how much you will spend on a monthly basis. “Typically, people need around 70% to 80% of the pre-retirement income in retirement to maintain a lifestyle,” says certified financial planner Spencer Betts of Bickling Financial Services.
Value investing is a time-honored strategy, and many of the most successful investors ever -- from Warren Buffett to Seth Klarman -- have employed the approach. Despite this fact, there seems to be a perception among some investors that value investing is "boring," and with growth stocks outperforming value for much of the past decade, it is perhaps understandable that some investors have adopted this viewpoint. Sure, there are plenty of stodgy companies that are beloved by value investors, but there are plenty of exciting companies that make for great value investing opportunities as well.
Automobili Pininfarina CEO Per Svantesson is driving change at the top of the car world food chain, meaning the high end, ultra luxury segment with the Battista GT hypercar. Each car is handmade in Italy by one of the venerated design houses in the business, taking nearly 2,000 man hours, and is powered by four Rimac-sourced electric motors at each well producing an astounding 1900 horsepower. And if you have to ask, each car costs over $2 million.
One barista said complicated orders bring her to "a screeching halt."
McDonald's (MCD) raises its quarterly dividend by 10% to $1.52 per share. The company has a history of increasing dividends every year since the inception of its dividend payout policy in 1976.
A smart investment strategy is to buy and hold stocks of growing companies that have a good chance of beating the market over the long term. The two I have in mind are visual-based social media company Pinterest (NYSE: PINS), and e-commerce retailer Etsy (NASDAQ: ETSY). The rumor that Alphabet could be interested in purchasing Pinterest has again sparked interest in the company and while investors will have to wait to see whether there is any truth to it, I believe Pinterest can thrive on its own in the long run.
Kulicke and Soffa Industries, Axcelis Technologies and Veeco Instruments have been highlighted in this Industry Outlook article.
J.P. Morgan Asset Management wants you to rethink how you will pay for retirement. The multinational investment bank says retirement investors should secure enough guaranteed income from pensions, annuities and Social Security to pay for basic living expenses. These include … Continue reading → The post J.P. Morgan Recommends This Guaranteed Funding Strategy to Cover Expenses appeared first on SmartAsset Blog.
(Bloomberg) -- Sugar makers in India are signing deals with traders and exporters on optimism that the government will soon announce overseas sales quotas for the season that starts this month.Most Read from BloombergWorld Faces New Threats From Fast-Mutating Omicron VariantsStocks Surge in Wild Ride After CPI Data Selloff: Markets WrapKroger Wants to Merge With Albertsons to Create US Grocery GiantCore US Inflation Rises to 40-Year High, Securing Big Fed HikeHot Inflation Torches Bears in a Sto
Holiday sales will boost near term performance for most players in the Electronic Commerce industry, although valuation remains an issue, especially considering the deteriorating outlook in 2023.
The U.S. restriction on chip sales to China only affects “leading edge” logic chips. China buys mostly older chips for its vast electronics and automotive industries.
The Oracle of Omaha has a secret $5.9 billion investment portfolio that's been piling into two specific stocks.
Yahoo Finance speaks with Smead Capital Management CIO Bill Smead on bank earnings, home-lending, and which banks are best positioned for the choppy road ahead.
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.