Medical Consumables Market Forecasts Expansion To US$ 1351.2 Billion By 2034

Trishita Deb
Trishita Deb

Updated · Jun 17, 2025

SHARE:

Market.us Media, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Learn more.
close
Advertiser Disclosure

At Market.us Media, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Our data is available to the public free of charge, and we encourage you to use it to inform your personal or business decisions. If you choose to republish our data on your own website, we simply ask that you provide a proper citation or link back to the respective page on Market.us Media. We appreciate your support and look forward to continuing to provide valuable insights for our audience.

Overview

New York, NY – June 17, 2025 – Global Medical Consumables Market size is expected to be worth around US$ 1351.2 Billion by 2034 from US$ 431.2 Billion in 2024, growing at a CAGR of 12.1% during the forecast period 2025 to 2034. In 2024, North America led the market, achieving over 41.1% share with a revenue of US$ 177.2 Billion.

The global medical consumables market is experiencing consistent growth due to the increasing demand for essential healthcare supplies across hospitals, clinics, and homecare settings. Medical consumables include single-use products such as syringes, gloves, bandages, surgical masks, IV sets, and diagnostic supplies that are critical in patient care and infection control. These items are vital for supporting routine medical procedures, ensuring hygiene, and reducing hospital-acquired infection rates.

Aging populations, chronic disease prevalence, and growing surgical volumes are key factors propelling demand. Additionally, the COVID-19 pandemic significantly amplified the need for personal protective equipment (PPE), placing medical consumables at the forefront of public health preparedness. According to the World Health Organization, healthcare-associated infections affect hundreds of millions of patients globally each year, reinforcing the need for sterile, disposable consumables in clinical settings.

Developing regions are witnessing an increase in healthcare infrastructure investments, which is expanding access to basic medical supplies. Meanwhile, high-income countries continue to focus on supply chain optimization and sustainability in medical consumable manufacturing and waste management.

The market is also shaped by innovations such as biodegradable materials, antimicrobial coatings, and pre-sterilized packaging. With regulatory emphasis on patient safety and rising healthcare expenditure worldwide, the medical consumables market is positioned for sustained growth through the coming decade.

Medical Consumables Market Size

Key Takeaways

  • In 2023, the medical consumables market generated a revenue of US$ 2 billion and is projected to reach US$ 1351.2 billion by 2033, expanding at a CAGR of 12.1%.
  • By product type, the market includes disposable medical gloves, IV kits, medical gauze & tapes, disposable syringes, sharps disposable containers, and catheters. Disposable medical gloves accounted for the largest share of 48.7% in 2023.
  • Based on end-users, the market is segmented into hospitals, homecare, and others. Hospitals dominated the segment with a 56.3% share in 2023.
  • Regionally, North America held the leading position with a 41.1% share of the global market in 2023.

Segmentation Analysis

  • Product Type Analysis: In 2023, the disposable medical gloves segment dominated the market with a 48.7% share, driven by rising infection control measures in healthcare. The need to prevent cross-contamination during medical procedures has made disposable gloves essential in hospitals, clinics, and outpatient care. Post-COVID-19, heightened awareness around hygiene and protection against infectious diseases has further increased demand. Preference for durable and comfortable gloves among healthcare providers is expected to support continued growth in this segment.
  • End-User Analysis: Hospitals accounted for the largest end-user share of 56.3% in 2023, due to their central role in surgeries, diagnostics, and treatments. The increasing global patient load particularly from aging populations and chronic diseases is expected to maintain demand for consumables like gloves, syringes, and gauze. Additionally, hospitals’ focus on improving care quality, infection control, and adherence to regulatory standards reinforces their position as key consumers of medical consumables in the market.

Market Segments

Product Type

  • Disposable Medical Gloves
  • IV Kits
  • Medical Gauze & Tapes
  • Disposable Syringes
  • Sharps Disposable Containers
  • Catheters

End-user

  • Hospitals
  • Homecare
  • Others

Regional Analysis

North America led the global medical consumables market in 2023, accounting for a revenue share of 41.1%. This growth can be attributed to the rising demand for healthcare services, technological advancements, and heightened infection control measures. According to the CDC, hospital admissions in the U.S. rose by 10% in 2023, directly increasing the usage of gloves, syringes, and wound care products.

Additionally, the FDA approved over 1,000 new medical consumables in 2023, many of which aimed to enhance patient safety. In Canada, CIHI reported a 15% rise in surgical procedures in 2022, supporting demand for surgical drapes, sutures, and disposables. The U.S. Department of Health and Human Services (HHS) allocated US$ 500 million in 2023 to stockpile critical supplies, including PPE, reinforcing market growth.

The Asia Pacific region is anticipated to register the fastest CAGR during the forecast period. Factors such as increased healthcare investment, improved access, and infection control awareness are driving regional growth. India’s MoHFW reported a 20% rise in healthcare infrastructure funding in 2023. China’s NHC noted a 25% increase in consumable procurement in 2022. Japan and Australia collectively invested over US$ 500 million to expand PPE availability, particularly in response to aging populations and rural healthcare needs.

Emerging Trends

  • Strengthening Supply Chain Resilience: The FDA has enhanced efforts to monitor and mitigate shortages of consumables such as gloves, syringes, and sterile kits—by collaborating with industry and government partners. Key focus areas include diversifying suppliers, identifying single source vulnerabilities, and accelerating reviews of new manufacturing lines to prevent disruptions.
  • Adoption of Advanced and Continuous Manufacturing: In 2023, the FDA issued final guidance on continuous manufacturing processes for medical products. This approach can increase production speed, improve product consistency, and reduce dependence on foreign suppliers, thereby bolstering domestic output of critical consumables.
  • Shift Toward Home and Self-Care Settings: Personal healthcare expenditures reached $3.207 trillion in 2019, reflecting growing demand for at-home care. This trend drives higher use of disposables such as home-use syringes, glucose test strips, and gloves for self-administration of medications and monitoring devices.
  • Emphasis on Sustainability and Waste Management: Approximately 16 billion injections are administered globally each year, generating vast quantities of sharps and packaging waste. The WHO recommends green procurement, reduced packaging, and increased use of reusables where safe, to minimize environmental impacts of single-use consumables.

Use Cases

  • Safe Injection Programs: Over 16 billion injections are provided worldwide annually, of which 90–95% are therapeutic. Single-use needles, syringes, antiseptic swabs, and sharps containers are essential to prevent blood-borne infections and ensure patient safety.
  • Protection against Needlestick Injuries: The CDC estimates that more than 600 000 needlestick injuries occur each year among U.S. healthcare workers. The use of safety-engineered needles and double gloving can reduce hollow-bore needle injuries by up to 25%.
  • Catheter-Associated UTI (CAUTI) Prevention: Indwelling urinary catheters are used in 15–25% of hospitalized patients. Catheter kits including sterile catheters, drapes, gloves, and antiseptic solutions play a critical role in reducing over 560 000 CAUTI cases annually in the U.S..
  • Pandemic and Respiratory Illness Preparedness: During surges of respiratory illnesses, such as the fall 2023 increase in respiratory admissions, 31.1% of U.S. office-based physicians reported shortages of personal protective equipment (PPE). Maintaining robust inventories of gloves, N95 respirators, surgical masks, and gowns is vital for protecting healthcare workers and patients during public health emergencies.

Conclusion

The global medical consumables market is poised for sustained growth, driven by rising healthcare needs, aging populations, and a heightened focus on infection prevention. Increased investments in healthcare infrastructure, especially in emerging economies, alongside regulatory support and innovation in sustainable materials, are enhancing market expansion.

North America leads in revenue, while Asia Pacific is set to witness the fastest growth. The market’s evolution is further supported by strategic efforts in supply chain resilience and the rising adoption of home-based care. Overall, medical consumables remain critical to ensuring safe, efficient, and accessible healthcare delivery worldwide.

Discuss your needs with our analyst

Please share your requirements with more details so our analyst can check if they can solve your problem(s)

SHARE:
Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

Request a Sample Report
We'll get back to you as quickly as possible