Disposable medical products are crucial to healthcare facilities since they reduce the risk of residual contamination and infection acquisition from hospitals and other healthcare settings. In terms of safety, disposable devices are safer as compared to reusable devices. According to a study published in ‘Infection Control Today’, disposable gastroendoscopes proved to be more efficient in clinical practice than the conventional reusable gastroendoscope. Hence, increasing awareness in hospitals for the prevention of hospital-acquired infections (HAIs) and growing demand for technologically advanced medical products is bolstering the growth of the medical disposables market.
Another study published in ‘Infection Control Today’ compared the safety and efficacy levels of reusable and single-use devices, wherein wet swab samples taken from both types of devices were analyzed. The study reported that 29.5% of the samples obtained from 122 reusable devices were bacteriologically positive with 70% of the bacteria determined to be pathogens. However, 100% of the wet swabs samples taken from disposable devices were observed to be completely sterile.
Advancements in healthcare technologies and growing awareness regarding the infection control measures undertaken by the governments across the globe are expected to play an important role in improving the patient outcome. The use of medical disposables in hospitals saves time and cost and results in greater operational efficiency. A brief explanation for the major disposable medical products is given below:
"Wound Management Products"
Advancement in wound care management and introduction of innovative devices, such as negative pressure bandages and keratin-based products have helped establish its footprint in the global market. Increasing incidence of chronic diseases and the aging population are the prime factors contributing toward the emergence of wound care management products.
"Drug Delivery Products"
Disposable drug delivery products include prefilled syringes, needles, and transdermal patches that are designed for single use. There has been immense innovation in drug delivery products globally, which have facilitated in improving patient compliance and outcome.
"Diagnostic and Laboratory Disposables"
Increase in the number of infectious diseases globally has driven the growth of diagnostic and laboratory disposables. Diagnostic and laboratory disposables are quite inexpensive as compared to other reusable instruments, hence exhibiting a significant growth rate.
Growth of the medical disposables market is fueling the head-to-head competition among players to strengthen their market position through a wide product portfolio comprising technologically advanced products. Companies are focusing on developing innovative techniques and intiating mergers and acquisitions that would prove to be profitable to the medical disposables market while furnishing them with a greater market share.
Few of the key players operating in the market include but are not limited to 3M, Johnson & Johnson, Abbott, Becton, Dickinson & Company, Medtronic, B.Braun Melsungen AG, Bayer AG, Smith and Nephew, Medline Industries, Inc., and Cardinal Health.
In-depth report on global medical disposables market by Grand View Research: