The global Nursing Products Market, valued at USD 5.73 billion in 2023, is projected to reach an impressive USD 10.95 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.48% from 2024 to 2032, according to a newly released market analysis report.
This upward trend reflects a global shift in healthcare priorities, with a sharp focus on elderly care, chronic disease management, and home-based nursing solutions. As the demand for patient-centered, accessible, and safe care grows, the market for nursing products is expanding rapidly—embracing both traditional medical supplies and advanced assistive technologies.
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Key Market Drivers
- Aging Population Globally
The world's population is aging at an unprecedented rate. By 2030, over 1 in 6 people globally will be aged 60 years or over. This demographic shift is placing significant pressure on healthcare systems and fueling demand for products that assist with daily care, mobility, and hygiene for older adults. - Rise in Chronic Conditions
Increased prevalence of non-communicable diseases such as diabetes, cardiovascular diseases, and arthritis has led to longer periods of care, both in clinical and home settings. Nursing products—from wound care and incontinence products to feeding assistance tools—play a critical role in managing these conditions. - Expansion of Home Healthcare Services
The global shift toward home-based care is prompting families and healthcare providers to invest in reliable and easy-to-use nursing equipment. From patient beds and lifting devices to thermometers and monitoring kits, demand continues to rise as care moves out of hospitals and into homes. - Healthcare Infrastructure Improvements in Emerging Markets
Developing countries in Asia-Pacific, Latin America, and Africa are rapidly upgrading their healthcare facilities and standards. This transformation is increasing the adoption of professional nursing products in both institutional and home settings.
Key Segments:
By Type
- Breast Pump
- Nursing Bra
- Nipple Cream
- Pumping Accessories
- Nursing Pillow
- Nursing Cover
- Nursing Pad
- Nursing Station
- Others
Key Players
Key Service Providers/Manufacturers
- Smith & Nephew (Allevyn Dressings, Opsite Film Dressings)
- ResMed (AirSense 10 CPAP Machine, AirFit N20 Nasal Mask)
- Fisher & Paykel Healthcare (ICON+ Auto CPAP Machine, Simplus Full Face Mask)
- Abbott Laboratories (FreeStyle Libre Glucose Monitoring System, Ensure Nutritional Shakes)
- Philips Avent (Natural Baby Bottle, Comfort Breast Pump)
- Medline Industries (CURAD Bandages, FitRight Adult Briefs)
- Cardinal Health (Kangaroo Feeding Pumps, Protexis Surgical Gloves)
- Baxter International (Sigma Spectrum Infusion System, IV Solutions)
- 3M Healthcare (Tegaderm Dressings, Littmann Stethoscopes)
- Becton, Dickinson and Company (BD) (Alaris Infusion Pumps, BD SafetyGlide Needles)
- Johnson & Johnson (Band-Aid Brand Adhesive Bandages, Tylenol)
- Stryker Corporation (Mistral-Air Warming Blankets, Prime Series Stretchers)
- Hill-Rom Holdings (Progressa Bed System, Welch Allyn Vital Signs Monitors)
- Invacare Corporation (Platinum Mobile Oxygen Concentrator, TDX SP2 Power Wheelchair)
- Coloplast (SpeediCath Catheters, SenSura Mio Ostomy Products)
Future Outlook
The future of the nursing products market is rooted in innovation, accessibility, and patient comfort. As healthcare continues to evolve toward value-based and preventive models, nursing products will be indispensable in ensuring safe, effective, and compassionate care across all care settings.
Additionally, increased funding from governments and NGOs for eldercare programs and home-based treatments will further strengthen market growth.
About the Report
This report was compiled using data from primary sources, industry databases, and stakeholder interviews, offering a detailed forecast for the nursing products market from 2024 to 2032.
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