This was due to an increase in the number of hospitalizations and surgical procedures.
According to a Technavio report, the global disposable hospital supplies market is expected to grow by $24.5 billion from 2024 to 2028, at a CAGR of 9.44%.
Market expansion is driven by an increase in the number of hospital stays and surgical procedures, leading to a growing demand for disposable medical devices to minimize cross-contamination and surgical site infections.
However, a significant challenge facing the industry is the environmental impact of improper disposal of disposable hospital supplies. In response, vendors are focusing on developing advanced, high-quality products that enhance medical and surgical capabilities while addressing these issues.
Companies are investing heavily in R&D to innovate and improve product quality using new technologies. For example, B. Braun SE launched the Stimuplex Ultra 360, an echogenic needle that provides 360-degree ultrasound visibility and consistent puncture performance, demonstrating technological advancements in the field. Strong growth is seen across a range of medical specialty markets, including cardiovascular, cerebrovascular, ophthalmic, gynecological, urological, and orthopedic. Innovative products such as sterilization consumables, non-woven medical supplies, and wound care products continue to emerge to meet the specific needs of these areas, further promoting the expansion of the disposable hospital supplies market.