by The global healthcare consumables market size is forecasted to reach from US$ 356.3 billion in 2021 to US$ 1,125.1 billion by 2030 and is anticipated to grow at a CAGR of 13.6% from 2021 to 2030, as per reports by market research and consulting organization Precedence Research.
The global healthcare consumables market is segmented By Product Type: (Wound Care Consumables, Diagnostic Consumables, Respiratory Supplies, Drug Delivery Products, Dialysis Consumables, Sterilization Consumables, Incontinence Products, Disposable Gloves, Disposable Masks, Hands Sanitizer, Others); By Raw Materials: (Rubber, Non-woven Materials, Glass, Metals, Plastic Resin, Paper, Others); By End User: (Hospitals, Homecare, Others)
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The healthcare consumables market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit). The report offers exclusive insights to help companies make informed decisions to sustain growth through the assessment period.
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The global healthcare consumables market growth is driven by rising prevalence of chronic diseases, growing geriatric population, rising number of hospital admissions, and increasing healthcare expenditure. The growing popularity of the minimally-invasive surgeries and rising awareness about the hospital acquired infections is a major factors the boosts the demand for the healthcare consumables across the globe. The rapid spread of the COVID-19 disease across the globe in 2020 resulted in the increased demand for the healthcare consumables and the demand for the various products like hands sanitizer, face masks, face shields, and hospital gowns significantly increased. The growing penetration of the ambulatory services and diagnostic labs in the developing regions is further expected to fuel the market growth during the forecast period.
Scope of the Healthcare Consumables Market Report
| Report Highlights | Details |
| Market Size in 2030 | USD 1,125.1 Billion |
| Growth Rate | CAGR of 13.6% from 2022 to 2030 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Product, Raw Material, End User, Region |
Competitive Intelligence
The report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation and so on.
Some of the prominent players in the global healthcare consumables market are listed as below:
- BD
- Thermo Fisher Scientific, Inc.
- Baxter International, Inc.
- Avanos Medical, Inc.
- 3M
- Johnson & Johnson
- Medtronic
- Cardinal Health, Inc.
- B. Braun Melsungen AG
- Boston Scientific Corporation
Market Dynamics
Driver
Rising number of hospital admissions and physician visits
The growing burden of diseases is boosting the hospital and diagnostic lab visits significantly. According to the CDC, in 2019, around 45 million outpatient surgeries, more than 900 million physician visits, and around 155 million emergency department visits were recorded in US. Therefore, the increased number of medical visits and hospital admissions is expected to boost the market growth during the forecast period.
Restraints
Inadequate infrastructure and low access to healthcare facilities
The lack of adequate healthcare infrastructure in the developing and underdeveloped economies and low access to the medical facilities owing to the low affordability of the medical expenses in the low and middle income countries is a major restraint that may hinder the growth of the healthcare consumables market during the forecast period.
Opportunities
Rising awareness regarding the airborne infections and diseases
The rising pollution levels and the recent COVID-19 pandemic resulted in the increased health awareness among the global population. This has significantly driven the consumption of hands sanitizer, face masks, face shields, and disposable gloves. This trend is expected to continue during the forecast period and the technological advancements in the healthcare consumables may provide various growth prospects during the forecast period.
Challenges
Stringent government regulations and high investment
The stringent government regulations regarding the healthcare consumables and the high investments in the manufacturing of numerous healthcare consumables are the major challenges faced by the market players operating in the global healthcare consumables market.
Regional Snapshot
North America dominated the global healthcare consumables market, garnering over 33% of the market share in 2020. The increased prevalence of chronic diseases and rising geriatric population has significantly contributed towards the market growth. According to the WHO, the urinary incontinence is higher among the old women as compared to the old men, and urinary incontinence is prevalent among 9.9% to 36.1% of the global population. Further, the increased health consciousness, increased healthcare expenditure, better access to advanced healthcare facilities, and growing demand for the minimally-invasive surgeries in the nations like US and Canada has fostered the growth of this segment in the past few years.
Asia Pacific is estimated to be the most opportunistic market during the forecast period. The rising incidences of road traffic accidents is a significant contributor to the market growth. According to the WHO, around 93% of the road traffic accidents occur in the low and middle-income countries. People aging from 5 years to 29 years are the major victims of the road accidents. Further, rising geriatric population and rising awareness regarding the advanced surgical procedures is expected to boost the growth of this region in the forthcoming years.
Report Highlights
- Based on the product type, the sterilization consumables segment accounted for around 14% of the market share and dominated the market in 2020. This increased consumption of the cotton balls and cotton swabs for skin preparation during surgeries and injections has boosted the growth. Moreover, its increased utilization for disinfecting the different medical equipment has fueled the growth of this segment.
- Based on the raw materials, the non-woven segment is estimated to be the most opportunistic segment during the forecast period. The non-woven materials are efficient at disinfecting and protect from hospital acquired infections. Therefore, the increasing number of hospital admissions and increasing prevalence of hospital acquired infections are the major drivers of the non-woven materials segment.
- Based on the end user, the hospitals segment dominated the global healthcare consumables market, garnering a market share of around 55% in 2020. This is simply attributed to the increased penetration of the hospitals across the globe coupled with the growing number of hospital admission due to various reasons such as road accidents and rising incidences of chronic diseases.
Segments Covered in the Report
By Product Type
- Wound care Consumables
- Diagnostic Consumables
- Respiratory Supplies
- Drug Delivery Products
- Dialysis Consumables
- Sterilization Consumables
- Incontinence Products
- Disposable Gloves
- Disposable Masks
- Hands Sanitizer
- Others
By Raw Materials
- Rubber
- Non-woven Materials
- Glass
- Metals
- Plastic Resin
- Paper
- Others
By End User
- Hospitals
- Homecare
- Others
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Why should you invest in this report?
If you are aiming to enter the global healthcare consumables market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for healthcare consumables are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Healthcare Consumables Market
5.1. COVID-19 Landscape: Healthcare Consumables Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Healthcare Consumables Market, By Product
8.1. Healthcare Consumables Market, by Product Type, 2021-2030
8.1.1. Wound care Consumables
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Diagnostic Consumables
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Respiratory Supplies
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Drug Delivery Products
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Dialysis Consumables
8.1.5.1. Market Revenue and Forecast (2019-2030)
8.1.6. Sterilization Consumables
8.1.6.1. Market Revenue and Forecast (2019-2030)
8.1.7. Incontinence Products
8.1.7.1. Market Revenue and Forecast (2019-2030)
8.1.8. Disposable Gloves
8.1.8.1. Market Revenue and Forecast (2019-2030)
8.1.9. Disposable Masks
8.1.9.1. Market Revenue and Forecast (2019-2030)
8.1.10. Hands Sanitizer
8.1.10.1. Market Revenue and Forecast (2019-2030)
8.1.11. Others
8.1.11.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Healthcare Consumables Market, By Raw Materials
9.1. Healthcare Consumables Market, by Raw Materials, 2021-2030
9.1.1. Rubber
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Non-woven Materials
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Glass
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Metals
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Plastic Resin
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Paper
9.1.6.1. Market Revenue and Forecast (2019-2030)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Healthcare Consumables Market, By End User
10.1. Healthcare Consumables Market, by End User, 2021-2030
10.1.1. Hospitals
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Homecare
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Healthcare Consumables Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.1.3. Market Revenue and Forecast, by End User (2019-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.4.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.1.4.3. Market Revenue and Forecast, by End User (2019-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.1.5.3. Market Revenue and Forecast, by End User (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.2.3. Market Revenue and Forecast, by End User (2019-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.4.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.2.4.3. Market Revenue and Forecast, by End User (2019-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.2.5.3. Market Revenue and Forecast, by End User (2019-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.2.6.3. Market Revenue and Forecast, by End User (2019-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.2.7.3. Market Revenue and Forecast, by End User (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.3.3. Market Revenue and Forecast, by End User (2019-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.4.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.3.4.3. Market Revenue and Forecast, by End User (2019-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.3.5.3. Market Revenue and Forecast, by End User (2019-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.3.6.3. Market Revenue and Forecast, by End User (2019-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.3.7.3. Market Revenue and Forecast, by End User (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.4.3. Market Revenue and Forecast, by End User (2019-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.4.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.4.4.3. Market Revenue and Forecast, by End User (2019-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.4.5.3. Market Revenue and Forecast, by End User (2019-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.4.6.3. Market Revenue and Forecast, by End User (2019-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.4.7.3. Market Revenue and Forecast, by End User (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.5.3. Market Revenue and Forecast, by End User (2019-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.4.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.5.4.3. Market Revenue and Forecast, by End User (2019-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Raw Materials (2019-2030)
11.5.5.3. Market Revenue and Forecast, by End User (2019-2030)
Chapter 12. Company Profiles
12.1. BD
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Thermo Fisher Scientific, Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Baxter International, Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Avanos Medical, Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. 3M
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Johnson & Johnson
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Medtronic
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Cardinal Health, Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. B. Braun Melsungen AG
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Boston Scientific Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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