US disposable medical supplies market to rise considerably by 2016

Press Release   •   Aug 23, 2012 15:00 BST

Demand for disposable medical supplies in the United States is anticipated to rise considerably by 2016. The market has been witnessing a constant and steady growth for the past couple of years.

The best opportunities are expected in intermittent urinary catheters, dry powder inhalers, prefillable syringes and transdermal patches, blood glucose test strips, polymer and biological wound closures and daily contact lenses.

An expanding volume of patient care activity spurred by aging demographic patterns, a rising incidence of diseases and disorders, and the extension of health insurance coverage by the Affordable Care Act of 2010 will promote growth within the US disposable medical supplies market.

Demand for disposable medical supplies will also build momentumas hospitals, outpatient facilities and other healthcare establishments adopt stricter infection prevention safeguards to meet stronger standards.

Catheters, drug delivery & related disposables experienced the fastest growth among the other product groups in the US disposable medical supplies market. Growth will reflect an expanding number of chronic care patients who require surgery or continuous therapy.

Leading companies within the US disposable medical supplies market include Johnson and Johnson, a New Jersey-based multi-national manufacturers of pharmaceutical, diagnostic, therapeutic, surgical, and biotechnology products, and 3M Company, a multinational, conglomerate corporation that produces more than 55,000 products.

Future growth within the US disposable medical supplies market is likely to emanate from the rising population, a higher proportion of aging population and product innovations.

For more information on the US disposable medical supplies market, see the latest research: US Disposable Medical Supplies Market Report

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