Tag Archives: Medical Supplies Market

COVID-19 impact on Medical Supplies Market – Growth and key Industry Players Analysis and Forecast

[150 Pages Report] The COVID-19 impact on Medical Supplies Market is expected to reach USD ~100 billion by 2021 from an estimated value of USD ~78 billion in 2019, growing at a CAGR of ~13.4% during the forecast period.

This study involved four major activities in estimating the current size of the COVID-19 impact on the medical supplies market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to evaluate the size of segments and subsegments.

Medical Supplies Market Growth, Future Insights, Innovative Trends and Industry Forecast to 2022

Medical Supplies Market , ******  Medical Supplies Market  Report

Overview: Medical Supplies Market

Medical supplies & equipment account for a high proportion of health care costs, impacting the quality of care significantly. Over the past few years, the healthcare sector is burgeoning, worldwide, mainly due to the increasingly prosperous population that demands high-quality care.  Along with the flourishing healthcare sector, the medical supplies market is too growing rapidly, witnessing the increasing demand in treatment and surgical procedures.

Medical Supplies Market – ****** Industry Insights, Trends, Growth and Analysis, 2018-2026

The medical supplies industry consists of companies engaged in the manufacturing and distribution of basic medical products such as surgical knives, forceps, gloves, syringes, bandages and dressings, medical laboratory equipment, stethoscopes, dental drills, x-ray films, veterinarian instruments, and other related supplies. The medical supplies excludes manufacturing and distribution of high-tech medical equipment and retail sales of drugs. Several strategies are adopted by the vendors of this industry to optimize profits. The companies with equipment supplies such as interventional cardiology devices and dental devices require extensive capital expenditures and revenue generation for their existence in the market. Their products are high-tech and large amount is spend on research and development activities to maintain a steady rollout of new offerings.

Medical Supplies Market Forecasted to Observe an Enormous Growth By 2022

The report for Medical Supplies Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. Globally the market for medical supplies is increasing at constant rate. Medical supplies comprises disposable products or one time use products. These products are intended for single use only. The major market drivers in this sector are growing population of geriatrics, rising number of patients with chronic diseases like cardiovascular, renal, diabetes, hypertension and others. Safety-enhanced devices for the minimally invasive delivery of parenteral medicines, inhalation therapies, and IV and dialysis solutions will lead growth. Globally the market for medical supplies is expected to reach approximately $132 Billion by the end of 2022.