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.
The global medical disposables market size was valued at USD 247.99 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 16.7% from 2020 to 2027. The market growth is attributed to an increasing number of surgical procedures, rising incidence of Hospital Acquired Infections (HAIs), growing prevalence of chronic diseases leading to longer hospital admission, and the impact of COVID-19 outbreak across the globe.
We at Wellmiien wish to inform our global clients, suppliers and friends that as of the following March 20, we will have the pleasure of serving you in our new offices located at 1-3603, Global 188, NO.88 Suhui Road, Suzhou Industrial Park, Jiangsu, China, 215021.
It is the end of the year already and we are glad the our company is still up and running despite all odd. The year has being filled with distress and unrest for us at Wellmien (Suzhou) Imp. & Exp Trading Co., Ltd., and in the industry at large.
As the world continues in her battle against various diseases ravaging the world, manufacturers of disposable health supplies are on their part working hard to produce the best materials for both medical and safety use.