Image

Global Medical Kits Market – Industry Trends and Forecast to 2029

Healthcare

Image

Global Medical Kits Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Medical Kits Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 12,150.00 USD Million
Diagram Market Size (Forecast Year) USD 19,394.50 USD Million
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

Global Medical Kits Market, By Product (Trauma Dressings and Equipment, Equipment, Airway Management Equipment, Drugs, Emergency Thermal Blanket, Oxygen Cylinder), Kit Types (Professional Medical Kits, Adventure Medical Kits, Sports Medical Kits, First Aids Kits, Emergency Medical Kit, Aviation Medical Kit), End User (Aviation, Defense, EMS Services, Healthcare Facilities, Academic Institutes, Vehicles (Automobiles), Sports Academies, Industries and Corporate Offices, Others) – Industry Trends and Forecast to 2029.

Medical Kits Market

Medical Kits Market Analysis and Size

The medical kits? market is expected to witness significant growth during the forecast period. The growing understanding of the need for immediate medical treatment for someone who has been injured in an accident is the main factor driving the market for medical kits. The market for medical kits has grown due to the availability of kits tailored to each profession's and activity's needs. Reimbursement is offered for medical kits since many areas encourage their use in all professions by offering reimbursements, this is very advantageous for the medical kit market.

Data Bridge Market Research analyses that the medical kits market which was USD 12150 million in 2021, would rocket up to USD 19394.50 million by 2029, and is expected to undergo a CAGR of 6.02% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Medical Kits Market Scope and Segmentation      

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product (Trauma Dressings and Equipment, Equipment, Airway Management Equipment, Drugs, Emergency Thermal Blanket, Oxygen Cylinder), Kit Types (Professional Medical Kits, Adventure Medical Kits, Sports Medical Kits, First Aids Kits, Emergency Medical Kit, Aviation Medical Kit), End User (Aviation, Defense, EMS Services, Healthcare Facilities, Academic Institutes, Vehicles (Automobiles), Sports Academies, Industries and Corporate Offices, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Qiagen (Germany), F.Hoffmann-La Roche Ltd (Switzerland), Seegene Inc (South Korea), SolGent Co. Ltd (South Korea), Curetis (Germany), KURBO INDUSTRIES LTD. (Japan), Devex (U.S.), Thermo Fisher Scientific Inc (U.S.), Mylab Discovery Solutions Pvt. Ltd (India), Abbott (U.S.), Getein Biotech, Inc (China), Biomaxima SA (Poland), CTK Biotech, Inc (U.S), CDC (U.S.), BGI (China), Luminex Corporation (U.S.), Avellino.com (U.S.), PerkinElmer Inc (U.S.)

Market Opportunities

  • Improved preference for automated medical kits practices
  • Increasing disposable incomes stimulate demand

Market Definition

A medical kit is a container that contains all the necessary medications and equipment to offer medical care to someone who needs it as a result of an accident. The medical items can be collected for this purpose by any person or group, or the medical kit can be purchased independently. The numerous first aid requirements of the region where a medical kit is intended to be used and the regulatory environment of that area determine the type of medical kit that should be utilised. Customised medical kits are available for various uses, events, organisations, vehicles, or activities. This may highlight the potential dangers and accidents related to that activity. A medical kit contains items like a mask and a face shield for difficulties with the airways, breathing, and circulation. Basic drugs for trauma injuries are included in medical kits, including antiseptics, bandages, dressings, band aids, and saline.

Medical Kits Market Dynamics

Drivers

  • Need for test kits in hospitals

The need for medical kits has expanded along with the coronavirus's widespread. With the aid of test kits, coronavirus identification has become more crucial than ever in order to control the infection's spread. Only specialised labs that are licenced, to conduct the tests included in this kit, which are of the serology and molecular types. As the kits are based on techniques including real-time polymerase chain reactions, IgM ELISA tests, and microneutralization assays, samples are taken from the nose, sputum test, blood sample, throat swab, and nasal aspirate for testing. The demand for the industry is growing as a result of the global coronavirus outbreak. As the number of patients in hospitals is increasing rapidly, the need for test kits to diagnose the patients with symptoms is also increasing, further driving the market growth.

  • Technological Advancements in COVID-19 Rapid Testing

Vendors created a variety of innovative rapid testing kits, including cups, cards, and smart test kits. Saliva samples were employed in painless quick testing kits. Rapid testing is preferred over other COVID-19 testing kits as a result of these developments. For instance, Meril Diagnostics, an international medical firm with operations in India, produces the non-prescription CoviFind COVID-19 Rapid Antigen Self-Test, which is available and has received approval from the Indian Council of Medical Research (ICMR) for routine usage in India.

  • Usage of medical kits

Large academic institutions and businesses gave their stakeholders free home test kits. This was done as a preventative strategy to provide students and workers peace of mind and aid in the epidemic's decision-making process. The government, private businesses, and academic institutions have all taken initiatives to promote the use of COVID-19 quick testing kits.

Opportunities

  • Increase in the number of research and development activities 

The meningococcal disease vaccine market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the meningococcal disease vaccine market growth.

Moreover, increase in the number of emerging markets and new product launches will further provide beneficial opportunities for the meningococcal disease vaccine market growth during the forecast period.

Restraints/Challenges

  • Time-consuming

Time required for result is more than 24 hours which is bit longer and will act as a restraint, and further challenge the growth of the medical kits market in the forecast period of 2022-2029. The increased number of false-positive and false-negative results is one of the main drawbacks of fast testing. A set of COVID-19 test kits contained findings that were both falsely positive and false negative.

This medical kits market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical kits market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Medical Kits Market

COVID-19 had a negative impact on the market. The sudden implementation of lockdown brought a slowdown in the market's growth in 2020, the suspension of import-export transactions, the closure of labs, and the postponement of non-COVID-19 and surgical procedures. With a drop in COVID-19 cases in 2021, the lockdown was removed, markets opened, and all non-COVID-19 and surgical operations were resumed. The revenue of the medical supply market as a whole gradually increased as a result.

Recent Development

  • July 7, 2021— The PHOENIX group has agreed to purchase the European businesses that McKesson Corporation (NYSE: MCK) holds in France, Italy, Ireland, Portugal, Belgium, and Slovenia. McKesson's Stuttgart-based German AG headquarters, Recucare GmbH, its German wound-care company, its shared services centre in Lithuania, and its 45 percent ownership part in Brocacef, the company's joint venture in the Netherlands, are all included in this transaction. The deal is anticipated to close in 2022, provided that the necessary regulatory approvals are obtained, among other normal closing conditions.

Global Medical Kits Market Scope

The medical kits market is segmented on the basis of product, kit types and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Trauma Dressings and Equipment
  • Equipment
  • Airway Management Equipment
  • Drugs
  • Emergency Thermal Blanket
  • Oxygen Cylinder

 Kit Types

  • Professional Medical Kits
  • Adventure Medical Kits
  • Sports Medical Kits
  • First Aids Kits
  • Emergency Medical Kit
  • Aviation Medical Kit

 End User

  • Aviation
  • Defense
  • EMS Services
  • Healthcare Facilities
  • Academic Institutes
  • Vehicles (Automobiles)
  • Sports Academies
  • Industries and Corporate Offices
  • Others

Medical Kits Market Regional Analysis/Insights

The medical kits market is analysed and market size insights and trends are provided by country, product, kit types and end user as referenced above.

The countries covered in the medical kits market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the medical kits market due to the advancing strict regulations by the government and rising population of broad technical application.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to increasing foreign investment resulting in the fastest growth in japan and china.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The medical kits market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical kits market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical kits market. The data is available for historic period 2010-2020.

Competitive Landscape and Medical Kits Market Share Analysis

The medical kits market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical kits market.

Some of the major players operating in the medical kits market are:

  • Qiagen (Germany)
  • F.Hoffmann-La Roche Ltd (Switzerland)
  • Seegene Inc (South Korea)
  • SolGent Co. Ltd (South Korea)
  • Curetis (Germany)
  • KURBO INDUSTRIES LTD. (Japan)
  • Devex (U.S.)
  • Thermo Fisher Scientific Inc (U.S.)
  • Mylab Discovery Solutions Pvt. Ltd (India)
  • Abbott (U.S.)
  • Getein Biotech, Inc (China)
  • Biomaxima SA (Poland)
  • CTK Biotech, Inc (U.S.)
  • CDC (U.S.)
  • BGI (China)
  • Luminex Corporation (U.S.)
  • Avellino.com (U.S.)
  • PerkinElmer Inc (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The medical kits market value is projected USD 19394.50 million by 2029.
The medical kits market is projected to grow at a CAGR of 6.02% during the forecast period of 2022-2029.
On the basis of product, the Medical Kits Market is segmented into Trauma Dressings and Equipment, Equipment, Airway Management Equipment, Drugs, Emergency Thermal Blanket, Oxygen Cylinder.
The major countries covered in the Medical Kits Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials