Researchnews24
on September 8, 2021
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Huge Revenue Jump Expected in Medical Disposables Market Between 2020 and 2030
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The global medical disposables market revenue stood at around $51 billion in 2020, and it is expected to rise to nearly $90 billion by 2030. The market is being driven by the surging population of geriatric people, increasing incidence of chronic diseases, and soaring occurrence of hospital-acquired infections (HAIs) across the world. As per a report published by the World Health Organization (WHO), HAIs affect around 3.5%–12% of all people visiting healthcare centers at any given time.
Furthermore, these infections usually affect 7.1% of the hospitalized patients in various European countries, according to the findings of the European Center for Disease Prevention and Control (ECDC). Due to the rising prevalence of these infections, healthcare settings are increasingly focusing on minimizing the risks of infection transmission. Besides this, the mushrooming population of geriatric people across the world, on account of the falling death rate and increasing life expectancy of people, is also propelling the worldwide sales of medical disposables.
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