Dublin, Nov. 04, 2020 (GLOBE NEWSWIRE) -- The "Medical Disposables - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Medical Disposables estimated at US$206.9 Billion in the year 2020, is projected to reach a revised size of US$267.1 Billion by 2027, growing at a CAGR of 3.7% over the analysis period 2020-2027. Drug Delivery Disposables, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$46 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wound Management Supplies segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
The U. S. Market is Estimated at $55.8 Billion, While China is Forecast to Grow at 6.7% CAGR
The Medical Disposables market in the U. S. is estimated at US$55.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$56.4 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.
Non-Woven Medical Disposables Segment to Record 3.4% CAGR
In the global Non-Woven Medical Disposables segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$13.9 Billion in the year 2020 will reach a projected size of US$17 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$37.7 Billion by the year 2027, while Latin America will expand at a 4.2% CAGR through the analysis period.
This report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Sterling Medical Products
Svenska Cellulosa Aktiebolaget SCA (publ)
TekMed Pty., Ltd.
Terumo Medical Corporation
Tiger Surgical Disposable Pvt., Ltd.
Zhejiang Gongdong Medical Technology Co., Ltd.
4L Health Co., Ltd.
Acelity LP, Inc.
Alpha Healthcare and Equiment
Attends Healthcare Products, Inc.
B. Braun Melsungen AG
Becton, Dickinson and Company
Beldico Belgium & International Export
Boston Scientific Corporation
Cardinal Health, Inc.
Changzhou Hekang Medical Instruments Co., Ltd.
Cypress Medical Products LLC
Daio Paper Corporation
Drylock Technologies NV
DSG International Ltd.
Finesse Medical Ltd.
Galaxy Medical Products, Inc.
Halyard Health, Inc.
Hangzhou Jinlin Medical Appliances Co., Ltd.
Hartmann USA, Inc.
Hygeia Medical Supplies and Services, Inc.
Kossan Rubber Industries Bhd.
MedGyn Products, Inc.
Mellon Medical B. V.
Molnlycke Health Care
Narang Medical Ltd.
Ningbo Greetmed Medical Instruments Co., Ltd.
Nu-Life Medical & Surgical Supplies Inc.
Ontex Group NV
Principle Business Enterprises, Inc.
Procter & Gamble Company, The
Raaj Medisafe India Ltd.
Rocamed SAM (Monaco)
Shanghai Neo-Medical Co., Ltd.
Smith & Nephew PLC
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Medical Disposables Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/4wsjdx
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