Global Healthcare Consumables Market
Trends,
Size, Share & Forecast
The global healthcare consumables
market encompasses a wide range of disposable surgical and medical supplies
that are used for the treatment and healthcare of patients. These consumables
include gloves, bandages, medical tapes, drapes, syringes, catheters, and other
disposable healthcare supplies that help prevent infections, maintain sterility
and aid efficient patient care. The rising cases of hospital-acquired
infections, growing prevalence of chronic diseases and rapidly aging population
are increasing the demand for these one-time use medical supplies.
The Global healthcare consumables market
is estimated to be valued at US$ 172.31 Bn in 2024 and is expected to exhibit a
CAGR of 11.% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Global Healthcare Consumables are Procter Gamble,
B. Braun SE, McKesson Medical-Surgical Inc, Medline Industries Inc., Owens and
Minor, Smith And Nephew plc, 3M, Baxter, Fresenius Medical Care AG, Cardinal
Health, Terumo Medical Corporation, Honeywell Interational Inc., Dynarex
Corporation, Kemei, Unigloves, Argentum Medical, Alliqua Biomedical, AccelHeal,
Globus Medical.
The Global
Healthcare Consumables Market Trends include increasing investments
towards advanced wound care products, surgical drapes and gowns due to rising
cases of hospital-acquired infections. Also, the growing demand for single-use
catheters, syringes and intravenous products from developing countries is
expected to present lucrative growth opportunities for market players.
In addition, major players are expanding their geographical footprint to grab a
larger market share. For instance, Procter and Gamble have expanded their
production facilities to countries such as India and China. Cardinal Health and
Medline Industries have also established new manufacturing plants and
warehouses across North America, Asia and Africa to cater to the rising global
demand.
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