Medical Supplies Market
Medical Supplies Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Diagnostic Supplies, Infusion & Injectable Supplies, Intubation & Ventilation Supplies, Disinfectants, Personal Protective Equipment, Sterilization Consumables, Wound Care Consumables, Dialysis Consumables, Radiology Consumables, Catheters, Cardiovascular Catheters, Intravenous Catheters, Urological Catheters, Specialty Catheters, Neurovascular Catheters, Sleep Apnea Consumables, Other Medical Supplies
- By Application Urology, Infection Control, Cardiology, Other Applications
- By End User Hospitals, Clinics/Physician Offices, Other End Users
- By Region North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 144.35 Billion |
Revenue 2030: | USD 206.89 Billion |
Revenue CAGR (2023 - 2030): | 4.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Medical Supplies Market by Type by Application by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Medical Supplies supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Medical Supplies market size at regional and country level
- Key industry players and their market share and Medical Supplies market-specific sales/revenue
- Understanding of the Medical Supplies supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Medical Supplies market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Medical Supplies market.
FAQ
Frequently Asked Question
What is the global demand for Medical Supplies in terms of revenue?
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The global Medical Supplies valued at USD 144.35 Billion in 2022 and is expected to reach USD 206.89 Billion in 2030 growing at a CAGR of 4.60%.
Which are the prominent players in the market?
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The prominent players in the market are Cardinal Health, Inc. (US), Medtronic (Ireland), B. Braun Melsungen AG (Germany), Johnson & Johnson (US), Thermo Fisher Scientific, Inc. (US), Boston Scientific Corporation (US), Avanos Medical, Inc. (US), International, Inc. (US), 3M (US), ConvaTec Group Plc. (UK), Smith & Nephew (Ireland), Cook Medical (US), Abbott (US), Merit Medical Systems (US), Terumo Corporation (Japan), Stryker (US), Fresenius Medical Care AG & Co. KGaA (Germany), Teleflex Incorporated (US), and Coloplast Group (Denmark).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 4.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Medical Supplies include
- Growing Prevalence of Chronic Diseases and Rising Number of Accidental Injuries
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Medical Supplies in 2022.