U.S. Laboratory Disposable Products Market Size, Share & Trends Analysis By Product (Specimen Containers, Tissue Collectors), By Material (Plastic, Glass), By End Use (CROs, Hospitals), And Segment- Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2023-2032

The U.S. laboratory disposable products market size was estimated at USD 1.6 billion in 2022 and is expected to hit around USD 3.52 billion by 2032, poised to reach at a notable CAGR of 8.2% during the forecast period 2023 to 2032.

Key Takeaways:

• Specimen containers segment held the largest market share of 60.8% in 2022
• Tissue collectors segment, on the other hand, is anticipated to register the highest CAGR of 9.7% over the forecast period.
• The plastic segment is anticipated to continue holding the leading market share over the forecast period.

U.S. Laboratory Disposable Products Market Report Scope

The rising demand for plastics in healthcare industry owing to its advantages, such as light-weight, cost-effectiveness, biocompatibility, and versatility is projected to drive the market. Favorable laboratory insurance policies are expected to further fuel growth.

Use of disposable products in laboratories avoids contamination of medical products and offers better safety to patients. Moreover, use of disposable products instead of reusable products eliminates the reprocessing procedure. This factor is also expected to augment the demand for laboratory disposable products from the U.S. healthcare industry.

Introduction of novel technologies and trends are expected to fuel the growth of the laboratory disposables market in the U.S. Some of the most popular trends include automation, cloud technology, compact equipment, and eco-friendly products. Automation is not a new trend in laboratories, but it is witnessing increasing adoption in various fields including robotics, primary screening, genomics, and proteomics. Automation tools allow researchers to perform the entire process efficiently.

Lab equipment is integrated with cloud technology for data recording and storage. The use of cloud technology is anticipated to witness significant growth in laboratory settings as the labs seek advanced data storage options that offer optimum accessibility to the advanced laboratory equipment. With cloud integration, technicians can get updates and alerts on their smartphones about cycles and lab processes. These alerts allow technicians to monitor laboratory procedures and respond to emergencies more efficiently.

In addition, rising use of disposable products to avoid infectious diseases and product contamination, is also expected positively influence growth of the U.S. laboratory disposable products market. Single-use medical plastics prevent the spread of serious infectious diseases. However, improper recycling of these materials could increase the risk of infection. This encourages the use of glass, metal, and other such alternatives. Having said that, availability, transportation, and inability to decontaminate are some of the basic challenges with these alternatives.

Rise in research studies and advancements in chemical, life science, and food and beverage industries to meet the growing demand are anticipated to augment the demand for laboratory disposables, thereby driving the growth of the U.S. market.

Product Insights

Specimen containers segment held the largest market share of 60.8% in 2022, due to an increase in a number of patients in the U.S. Rise in geriatric population in the U.S. is one of the major factors fuelling the product demand. Moreover, high prevalence of chronic disorders and rising geriatric population is also expected to drive the demand for laboratory disposable products. Growing incidence of various diseases demand pathological examination of urine, blood, stool, and sputum, which requires different disposables to confirm the diagnosis and to carry out a treatment plan.

Tissue collectors segment, on the other hand, is anticipated to register the highest CAGR of 9.7% over the forecast period. High prevalence of different types of cancer is anticipated to drive the segment growth. A high prevalence of cancer is expected to drive the product demand in the near future. Tissue examination is widely used for detecting different types of cancer. According to the National Cancer Institute, approximately 1,735,350 new patients were diagnosed with cancer in 2018, of which 609,640 cases resulted in death. Some common types of cancer reported in the country are lung and bronchus, prostate, breast, melanoma, bladder, colon, and rectal cancer.

Material Insights

The plastic segment is anticipated to continue holding the leading market share over the forecast period. The physical properties of plastic, easy availability, and increasing use of medical plastic disposables is projected to drive the growth of the segment. Glass segment is anticipated to expand at the fastest CAGR of over 9.0% over the forecast period. A large amount of medical plastic waste is generated in the U.S., which is leading to a shift in usage from plastic to glass laboratory disposable products. Rising preference for eco-friendly products is expected to bode well for the segment growth. For instance, in 2016, Greenhealth Exchange, an online marketplace, was launched by four major healthcare companies and two NGOs in the U.S. to promote green products, ranging from IV tubes to cafeteria food.

According to a research article published by the National Center for Biotechnology Information (NCBI) in 2015, 20 pounds of plastic waste is produced from a single hysterectomy procedure in U.S. According to the Center for Chronic Disease Prevention (CDC), six in every 10 adults in U.S. suffer from a chronic disease. Increasing prevalence of chronic diseases is projected to boost the demand for hospital treatments and procedures. High demand for laboratory disposables in healthcare centers for diagnosis and other medical purposes on a daily basis is expected to fuel the growth in the near future.

End-Use Insights

The CROs segment is expected to hold the largest market share owing to an increase in outsourcing by companies to save their time and to reduce investment. The hospital segment is expected to expand at a lucrative CAGR over the forecast period. The rapid growth can be attributed to increasing prevalence of cancer and chronic diseases in the U.S.

According to the Agency for Healthcare Cost and Utilization Project, in 2014, 10.1 million patients in hospital stay, underwent operating room procedures. As per the Leukemia and Lymphoma Society, in 2019, one person is diagnosed with blood cancer every 3 minutes in the U.S. Thus, there has been a rise in the number of hospitals stays and the prevalence of cancer and other chronic diseases in the country. Presence of a large patient pool is anticipated to increase the number of diagnostic tests performed, thereby driving the demand for laboratory disposables.

Recent Developments

In May 2022, Cardinal Health and URAC, have established a partnership to assist Cardinal Health customers with a specialty pharmacy and practice compliance. Cardinal Health customers will be given discounted pricing for all URAC accreditation bodies as part of the arrangement with URAC, which validates that a pharmacist satisfies the industry's most stringent criteria and indicates the quality of the therapeutic services it delivers

In February 2021, Thomas Scientific teamed up with Foxx Life Sciences to make ordering media bottles easier. The product will be customizable and orderable through a direct-to-consumer website located on the Thomas Scientific website

In March 2022, Cardinal Health announced intentions to construct a medical dispensation hub near Columbus, Ohio. The new structure will incorporate automation and software to serve closely Cardinal Health staff to improve security, services, and quality, create productivity improvements, and better accommodate volume and labor changes to give consumers an expected and stable experience

Some of the prominent players in the U.S. laboratory disposable products market include:

• Cardinal Health
• Thomas Scientific
• Medicus Health
• Therapak
• Dynarex Corporation
• Thermo Fisher Scientific Inc.
• McKesson Corporation
• Medline Industries, Inc.
• Becton Dickinson

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the U.S. Laboratory Disposable Products market.

By Product 

• Specimen Containers
• Transport Vials
• Collection and Transport Swabs
• Tissue Collectors

By Material 

• Glass
• Plastic

By End-Use Type 

• Hospitals
• Ambulatory Surgical Centers
• CROs
• Others