A recent report from ResearchAndMarkets.com report predicts that the global disposable surgical devices market will grow in the coming years.
The growing prevalence of chronic diseases, such as cardiovascular, neurological, urological, and infectious disorders, is expected to drive the overall market. Chronic diseases are a global health care concern, with over half of the adult population in the U.S. suffering from them, resulting in over 75% of the total health care expenditure. Thus, a rise in infectious and chronic diseases is expected to create a significant demand for disposable surgical devices.
Cancer has become a significant health care burden and a leading cause of death across the globe. According to the WHO, almost 1 in 6 deaths can be attributed to this disease. Estimates from the same source indicate that over 70% of cancer-related deaths typically occur in middle- and low-income countries. Thus, a steady rise in the number of curative, preventive and diagnostic cancer surgeries has been observed globally, creating a high demand for disposable surgical equipment.
The growing number of road accidents is expected to augment the demand for disposable surgical instruments. According to the WHO, around 10 million people are injured or disabled due to road accidents every year, creating a demand for surgeries. Such wounds are commonly managed using surgical sutures. Hence, the increasing number of road accidents is expected to positively impact demand for disposable surgical sutures and staplers.
The increasing government initiatives for the usage of disposable medical devices to avoid hospital-associated infections are expected to boost the usage of single-use devices. The growing number of surgical procedures is expected to increase the need for disposable surgical devices.
The ResearchAndMarkets.com disposable surgical devices market report states that electrosurgical devices are expected to witness the fastest growth over the forecast period due to the growing usage of disposable electrosurgical devices in outpatient settings, such as ambulatory surgical centers.
By application, general surgery held the largest share in 2020 owing to the growing demand for general surgeries to avoid the transmission of infection, which is increasing the need for disposable surgical devices.
The plastic and reconstruction surgery application segment is expected to grow at the fastest rate over the forecast period. The growing number of plastic surgeries in various countries, such as the U.S., Brazil and Mexico, is expected to propel the need for disposable surgical devices for the same. North America held the largest share in 2020 on account of the high prevalence of chronic diseases in countries, like the U.S., and the growing adoption of disposable surgical devices in the region, according to the report.
Asia Pacific is expected to register the fastest growth rate during the forecast period due in part to the increasing number of road accidents in the region and the presence of a large patient pool seeking surgery.
