The Development Prospects of Medical Disposables

On the basis of product, the market for medical disposables is segmented into wound management products, drug delivery products, diagnostic and laboratory disposables, dialysis disposables, incontinence products, respiratory supplies, sterilization supplies, non-woven disposables, disposable masks, disposable eye gear, disposable gloves, hand sanitizers, and others. The disposable masks segment accounted for the largest revenue share and accounted for more than 12.00% share of the global revenue in 2019. The disposable masks are majorly used to protect against the transmission of harmful agents from one to another. On the basis of ASTM Levels, disposable masks have been categorized into low, moderate, and high fluid resistance.

Overview

The recent outbreak of COVID-19 has significantly impacted the market and has substantially increased the sales of disposable masks across the globe. The World Health Organization has recommended using disposable masks to all the individuals in order to restrict the transmission of the virus from one person to another. In such cases, demand for disposable masks is anticipated to increase. Moreover, due to the high demand for disposable masks, India has banned the export of masks and ventilators and masks have been included under Essential Commodities Act, 1955. Furthermore, the Food & Drug Administration (FDA) has eased regulations on face masks and respirators to fight against COVID-19. Hence, this is expected to considerably boost the segment growth over the forecast period.

Raw Material

On the basis of raw material, the plastic resins segment held the largest share of 58.3% in 2019. The plastic resins have been widely used for making medical devices, such as disposable syringes, containers, tubes for intravenous solutions, and other packaging materials for medicines. The growing prevalence of hospital acquired infections and subsequent rise in the usage of disposable items to prevent the spread of COVID-19 are boosting the market growth. Availability of different types of plastics with a wide range of properties, such as polyvinyl chloride (PVC), Polypropylene (PP), low and high density polyethene, and polystyrene, has expanded the applications of plastics in the healthcare sector.

The non-woven material segment is anticipated to witness the fastest growth over the forecast period. Non-woven material is mostly preferred over woven material in the hospitals and clinics as it provides better protection against hospital borne infections and surgical site infections. In addition, certain advantages such as low weight, affordable cost, and easy recycling methods are anticipated to boost the demand for these materials. It is majorly used for the manufacturing of medical products, such as surgical gowns, sanitary napkins, drapes, bandages, and masks. Moreover, the manufacturing cost of this material is lesser than their counterparts due to the easy manufacturing procedures and easy availability of its raw materials, such as polyester. However, the introduction of minimally invasive techniques and medical procedures involving minimum body contact may restrain the segment growth over the forecast period.

End-use

On the basis of end use, the market for medical disposables is segmented into hospitals, home healthcare, outpatient/primary care facilities, and others. Hospitals held the largest share of more than 50.0% in 2019 and are anticipated to witness the fastest growth over the forecast period. This is attributed to rising number of patient admissions in hospitals for surgeries and treatments for COVID-19. As per the study conducted by the University of California, San Francisco, in 2016, on an average, more than 2000 tons of waste is generated by operating rooms per day, in which a significant portion of waste is from disposables medical supplies. Thus, increased usage of medical disposables in the hospitals may promote the segment growth over the forecast period.                                                                                

About Us

SIGNO GROUP TECHNOLOGY CO.,LTD. is located in the Chuangxuan Industrial Park of Shenzhen,. It mainly produces and sells all types of medical device products, including disposable protective face mask, KN95、FFP2 protective face mask,Disposable Nitrile Gloves、disposable medical Nitrile examination gloves,nitrile vinyl blend gloves、disposable protective vinyl gloves and medical protective coverall、Disposable Isolation Gown、Surgical Gown. The investment scale will reach 100 million dollars. The company has introduced domestic and foreign advanced equipment production equipment and quality testing tools, as well as a production workshop with a standard of 100,000 level or more. It has professional management personnel, technical research personnel and a strong sales team.In order to more effectively ensure the safety and effectiveness of the product and improve the company's ability to compete in domestic and foreign markets, experts and professors have been hired as medical and technical consultants for our products. The company adheres to the business philosophy of "integrity management, good morals" and dedicated to the society with the best products and services.Facing the opportunities and challenges brought about by the ever-changing medical form,Shenzhen Signo Group Technology Co., Ltd. will seize the opportunities, face the challenges bravely, be guided by market demand, ensure product quality as the core, operate with integrity, make significant contributions to the development of medical services.

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