Medical Disposables Market is set to Grow at a Remarkable Pace by 2033Posted by Ganesh Shinde on February 27th, 2023 The Medical Disposables Market revenues were estimated at US$ 153.5 Billion in 2022 and is anticipated to grow at a CAGR of 7.1% from 2023 to 2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 326.4 Billion. Bandages and Wound Dressings commanded the largest revenue share in 2022 and is expected to register a CAGR of 6.8% from 2023 to 2033. The rising incidence of Hospital Acquired Infections, an increasing number of surgical procedures, and the growing prevalence of chronic diseases leading to longer hospital admission have been the key factors driving the market. The subsequent spike in the number of chronic illness cases and a rise in the rate of hospitalizations has fuelled the field of emergency medical disposables growth. The expansion of the medical disposables market is being fuelled by an increase in the prevalence of hospital-acquired illnesses and disorders, as well as a greater focus on infection prevention. For example, the prevalence of healthcare-associated infection in high-income countries ranges from 3.5% to 12%, whereas it ranges from 5.7% to 19.1% in low and medium-income countries. Competitive Landscape The key companies in the market are engaged in mergers, acquisitions and partnerships. The key players in the market include 3M, Johnson & Johnson Services, Inc., Abbott, Becton, Dickinson & Company, Medtronic, B. Braun Melsungen AG, Bayer AG, Smith and Nephew, Medline Industries, Inc., and Cardinal Health. Browse More Details@ https://www.futuremarketinsights.com/reports/medication-dispenser-market Market Segments Covered in Medical Disposables Industry Analysis By Product Type:
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