Staff Reporter
Published:
Global disposable medical device market to hit $144.85b by 2030
Its expansion is attributed to growing concerns over hospital-acquired infections.
The global disposable medical device market is expected to reach $144.85b in 2030 at a compound annual growth rate of 4.9%, said Research and Markets.
The sector’s expansion is attributed to growing concerns over hospital-acquired infections and an increase in surgical procedures.
“Regulatory emphasis on infection control, materials, and manufacturing technology advancements fuels global market expansion,” the report said.
Moreover, a growing elderly population, rising prevalence of chronic diseases, and strong demand for home healthcare are further driving growth.
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