Medical Supplies Market is predicted to value over USD 130 billion by 2027 end with a CAGR of over 4.4% during the forecast period 2020 to 2027.

Increased occurrences of appalling diseases worldwide, rising corporate and government investments for infrastructure development, growing insistence of measures for controlling infections and the increased insistence for medical devices are some of the key factors responsible for the growth of the market. Furthermore, there has been a substantial rise in the number of patients suffering from accident-related injuries which has boosted the medical supplies market growth. The development of E-commerce online stores, web store software or wholesalers and medical supplies distributors. These web stores integrated by ERP have allowed buyers in translating complicated processes into an efficient and a user-friendly environment ordering along with the delivery of quality products at reasonable costs. Such factors have propelled the growth of the market.   

Medical Supplies Market

Medical Supplies Market Segmentation:

By Type
•    PPE
•    Sterilization Consumables 
•    Disinfectants
•    Dialysis Consumables
•    Intubation & Ventilation Consumables
•    Wound Care Consumables 
•    Catheters
•    Sleep Apnea Consumables
•    Radiology Consumables 
•    Others

By Application
•    Cardiology
•    Urology 
•    Infection Control
•    Others

By End User 
•    Hospitals
•    Clinics 
•    Others
By Region

•    North America
•    Europe
•    Asia Pacific
•    Latin America
•    Middle East & Africa

The market is categorised into type, application, end user and region. The type segment is diversified into PPE, disinfectants, sterilization consumables, dialysis consumables, intubation & ventilation consumables, wound care consumables, catheters, sleep apnea consumables, radiology consumables and other medical supplies. The intubation & ventilation consumables is predicted to hold the largest medical supplies market share owing to the rising prevalence of respiratory diseases like COPD, asthma. The application segment is classified into cardiology, urology, infection control and others. The others segment is anticipated to lead the market owing to the rising number of surgeries, increasing occurrence of dental disorders and the rising emphasis on waste disposal.  

Regional Analysis:

The North America region is predicted to dominate the market owing to the rising geriatric population, increased prevalence of COVID-19, rising number of hospitals and a strong presence of key market players in the region. The Asia Pacific region, on the other hand, is anticipated to grow at a substantial rate during the forecast period owing to rising patient population. 

Competitive Landscape:                            

Some of the major market players associated are Medtronic, Cardinal Health, Inc. , BD, Johnson & Johnson, B. Braun Melsungen AG, Boston Scientific Corporation, Thermo Fisher Scientific Inc., Baxter International Inc., Avanos Medical Inc., 3M, Smith & Nephew, ConvaTec Group Plc., Abbott, Cook Medical, Merit Medical Systems, Stryker, Terumo Corporation, Teleflex Incorporated, Fresenius Medical Care AG & Co. KGaA, Coloplast Group.

FutureWise Key Takeaways:

•    Growth prospects
•    SWOT analysis 
•    Key market trends 
•    Key data-points affecting market growth

Objectives of the Study:

•    To provide with an exhaustive analysis on the global medical supplies market by type, by application, by end user and by region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
•    To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions 

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What's included

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  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics