Medical Supplies Market Size Worth USD 180.89 Billion by 2027

The global Medical Supplies Market is forecasted to be worth USD 180.89 Billion by 2027, according to a current analysis by Emergen Research. The growing incidence of chronic diseases due to unhealthy lifestyle habits is expected to drive the demand for medical supplies over the forecast period.

The medical supplies market will witness significant growth owing to the rise in healthcare expenditure along with technological advancement in medical equipment. Other factors, such as the rise in trauma injuries, infectious diseases, and road injuries, are also expected to contribute to market demand. Another driving factor is the growth in diagnostic imaging centers and a surge in the number of people covered under insurance. The usage of advanced technologies through R&D affects the medical supplies market positively.

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Some Key Highlights from the Report

• The growth in the level of awareness of worker’s health and safety, and the rise in the number of deaths, particularly in the emerging nations, is creating a need for personal protective equipment, hence driving the segment’s demand.
• The rising geriatric population base at high risk of chronic wounds will support the demand for the advanced wound care segment. The rising pool of patients suffering from chronic injuries causes significant cost burdens on healthcare systems worldwide.
• Hospitals held the largest share in the medical supplies market. This is due to the increasing investment in the healthcare system and the growing prevalence of chronic and infectious diseases.

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Prominent Players Analyzed in the Report:

Medtronic Plc, Becton, Dickinson And Company, B. Braun Melsungen Ag, Cardinal Health, Inc., Johnson & Johnson, Boston Scientific Corporation, Baxter International, Inc., 3M Company, Abbott, and Avanos Medical, Inc., among others.

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Type Outlook (Revenue, USD Billion; 2017-2027)

• Diagnostic Supplies
  1. Blood Collection Consumables
  2. Other
• Infusion & Injectable Supplies
• Intubation & Ventilation Supplies
• Disinfectants
  1. Hand Disinfectants
  2. Skin Disinfectants
  3. Surface Disinfectants
  4. Instrument Disinfectants
• Personal Protective Equipment
  1. Hand & Arm Protection Equipment
  2. Eye & Face Protection Equipment
  3. Protective Clothing
  4. Foot & Leg Protection Equipment
  5. Surgical Drapes
  6. Other Protection Equipment
• Sterilization Consumables
• Wound Care Consumables
  1. Advanced Wound Dressings
  2. Surgical Wound Care
  3. Traditional Wound Care
• Dialysis Consumables
  1. Hemodialysis Consumables
  2. Peritoneal Dialysis Consumables
• Radiology Consumables
• Catheters
  1. Cardiovascular Catheters
  2. Intravenous Catheters
  3. Urological Catheters
  4. Specialty Catheters
  5. Neurovascular Catheters
• Sleep Apnea Consumables
• Other Medical Supplies

Regional Outlook (Revenue, USD Billion; 2017-2027)

• North America

  1. U.S.

  2. Canada

• Europe

  1. Germany

  2. UK

  3. France

  4. BENELUX

  5. Rest of Europe

• Asia Pacific

  1. China

  2. Japan

  3. South Korea

  4. Rest of APAC

• Latin America

  1. Brazil

  2. Rest of LATAM

• MEA

  1. Saudi Arabia

  2. UAE

  3. Rest of MEA

To get leading market solutions, visit the link below: 

https://www.emergenresearch.com/industry-report/medical-supplies-market