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Medical Disposables Market is Expected to Reach USD 193.89 Billion Globally in 2018: Transparency Market Research
Date:7/9/2013

NEW YORK, July 9, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Medical Disposables Market (Drug Delivery, Wound Management Products, Non-woven Medical Disposables) - Global and U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global medical disposables market was valued at USD 144.67 billion in 2011 and is expected to grow at a CAGR of 4.3% from 2012 to 2018, to reach an estimated value of USD 193.89 billion in 2018.

Browse the full report athttp://www.transparencymarketresearch.com/medical-disposables-market.html

The growing incidence of chronic diseases such as cancer, diabetes and cardiovascular, aging global population, coupled with increasing volumes of hospital admissions are the most important growth drivers for the medical disposables market. Furthermore, increasing inpatient and outpatient surgical procedures and the rising acceptance of home healthcare will fuel the future growth of this market.

The drug delivery products market held the second largest market share in 2011. In addition, it is expected to be the fastest growing segment of the total medical disposables market due to the introduction of technologically advanced products, such as drug infusion pumps, catering to an increasing pool of patients suffering from chronic diseases.

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