Global Healthcare Consumables Market Trends, Size, Share &...

Global Healthcare Consumables Market Trends, Size, Share & Forecast

Posted 2024-09-13 08:56:28

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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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