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.

Emergen Research has published a novel research report titled, “Global Medical Supplies Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Medical Supplies market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

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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Report Objective:

The report offers a complete analysis of the global Medical Supplies market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. 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, some of the top companies profiled in the report.

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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.
• The medical supplies market for the Asia Pacific is presumed to expand at a high CAGR throughout the forecast timeframe. The regional growth can be accredited to India, Japan, and China owing to factors such as the growing advancements by prominent players in these countries and increased support from the government.

The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Regional Outlook of Medical Supplies Market:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

For the purpose of this report, Emergen Research has segmented into the global Medical Supplies Market on the type, application, end-user, and region:

• 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

• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Urology
  • Wound Care
  • Radiology
  • Respiratory
  • Infection Control
  • Cardiology
  • IVD
  • Other Applications

• End-User Outlook (Revenue, USD Billion; 2017-2027)
  • Hospitals
  • Clinics
  • Others

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Key point summary of the report:

• The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
• It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
• The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
• It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
• Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
• The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
• The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

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