A recent study by The Freedonia Group predicts that the disposable medical supply market will increase 4.6 percent annually to $59 billion in 2013, according to a Global Information press release.
According to the study, the best growth opportunities are anticipated in intermittent catheters for urinary drainage; dry powder inhalers, prefilled syringes and transdermal patches for drug delivery; blood glucose test strips for diabetes monitoring; polymer and biological tissue sealants for wound closure; and daily contact lenses.
Hospitals will remain the largest market for disposable medical supplies based on the complexity of procedures performed and stringent infection prevention requirements. However, the home health care market will grow faster as consumers broaden preventive medicine and self-treatment activities to save out-of-pocket health care costs.
Read the release on the disposable medical supply market study.
According to the study, the best growth opportunities are anticipated in intermittent catheters for urinary drainage; dry powder inhalers, prefilled syringes and transdermal patches for drug delivery; blood glucose test strips for diabetes monitoring; polymer and biological tissue sealants for wound closure; and daily contact lenses.
Hospitals will remain the largest market for disposable medical supplies based on the complexity of procedures performed and stringent infection prevention requirements. However, the home health care market will grow faster as consumers broaden preventive medicine and self-treatment activities to save out-of-pocket health care costs.
Read the release on the disposable medical supply market study.