Global Medical Supplies Market, By Type (Diagnostic Supplies, Dialysis Consumables, Inhalation Products, Wound Care Consumables, Radiology Consumables, Infection Control Supplies, Infusion Products, Intubation and Ventilation Supplies, Personal Protection Equipment (PPE), Hypodermic Products, Sterilization Consumables, Other Medical Supplies), Application (Urology, Wound Care, Radiology, Anaesthesia, Sterilization, Cardiology, Ophthalmology, Other Applications), End User (Hospitals, Clinics/Physician Offices, Assisted Living Centres and Nursing Homes, Ambulatory Surgery Centres, Other End Users) Industry Trends and Forecast to 2029
Market Analysis and Insights
Increased incidences of communicable diseases, combined with growing public awareness about hospital-acquired infections, are all contributing to the overall growth of the hospital supplies market. The demand for hospital supplies is also increasing in developing countries. When compared to the major countries present globally, countries such as Brazil and India are gradually increasing their hospital bed density figures.
Medical supplies market is expected to gain market growth at a potential rate of 15.65% in the forecast period of 2020 to 2029 and would reach an estimated value of 136.33 billion by the end of the forecast period. The increased demand for infection control measures to reduce the occurrence of hospital-acquired infections is fueling the growth of the medical supplies market.
Medical supplies are the instruments and devices that are manufactured and distributed by medical supply companies. The products can also be one-time use items.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Million, Volumes in Units, Pricing in USD
Type (Diagnostic Supplies, Dialysis Consumables, Inhalation Products, Wound Care Consumables, Radiology Consumables, Infection Control Supplies, Infusion Products, Intubation and Ventilation Supplies, Personal Protection Equipment (PPE), Hypodermic Products, Sterilization Consumables, Other Medical Supplies), Application (Urology, Wound Care, Radiology, Anaesthesia, Sterilization, Cardiology, Ophthalmology, Other Applications), End User (Hospitals, Clinics/Physician Offices, Assisted Living Centres and Nursing Homes, Ambulatory Surgery Centres, Other End Users)
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa
Market Players Covered
enVista LLC (US), American Orthodontics (US), 3M (US), Danaher (US), Henry Schein, Inc. (US), Dentsply Sirona (US), Align Technology, Inc. (US), Rocky Mountain Orthodontics (US), G&H Orthodontics (US), TP Orthodontics, Inc (US), DENTAURUM GmbH & Co. KG (Germany), Great Lakes Dental Technologies (US), DB Orthodontics (UK), Institut Straumann AG (Switzerland), Ultradent Products, Inc. (US), TOMY Inc., 3Shape A/S (Denmark), Leone S.p.A., (Italy).
Rise in the prevalence of communicable diseases
The rise in diseases prevalence around the world is expected to be a major factor driving the growth of the medical supplies market during the forecast period. Furthermore, the growing geriatric population is expected to fuel the growth of the medical supplies market.
Increasing rate of surgical procedures
The rising rate of surgical procedures is expected to dampen the growth of the medical supplies market. The rise in the number of surgical procedures will provide additional opportunities for the medical supplies market to grow in the coming years.
The strict governing needs and compliances for several medical supplies are also expected to stymie the growth of the medical supplies market during the forecast period. In the near future, an increase in the rate of product recalls may pose additional challenges to the growth of the medical supplies market.
This medical supplies 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 medical supplies 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 Supplies Market
The pandemic of COVID-19 is expected to have a significant impact on the market. Dialysis consumables, inhalation products, wound care consumables, radiology consumables, infection control supplies, infusion products, intubation and ventilation supplies, personal protection equipment (PPE), hypodermic products, sterilization consumables, other medical supplies. are being used more frequently in hospitals to help COVID-19 and suspected COVID-19 patients. This is primarily due to the fact that respiratory viruses are the most common cause of asthma complications, and medical suppliess can help provide relief. Furthermore, due to a variety of factors, including the gradual decline of immune function, older people are more vulnerable to respiratory diseases such as chronic obstructive pulmonary disease (COPD), sleep apnea, and the COVID-19.
- PARI Pharma GmbH announced in March 2021 the approval of the LAMIRA Medical supplies System for the delivery of Insmed's drug product ARIKAYCE in Japan.
- AireHealth announced in December 2020 that its connected medical supplies had been cleared by the US Food and Drug Administration (FDA). The device is a portable, electronic vibrating mesh medical supplies designed to nebulize liquid medications for inhalation by patients both inside and outside the home.
- OMRON Healthcare announced the launch of its new compressor medical supplies, the OMRON NE C106, in India in July 2020.
Global Medical Supplies Market Scope
The medical supplies market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager 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.
- Diagnostic supplies
- Dialysis consumables
- Inhalation products
- Wound care consumables
- Radiology consumables
- Infection control supplies
- Infusion products
- Intubation and ventilation supplies
- Personal protection equipment (PPE)
- Hypodermic products
- Sterilization consumables
- Other medical supplies
On the basis of type, the medical supplies market is segmented into diagnostic supplies, dialysis consumables, inhalation products, wound care consumables, radiology consumables, infection control supplies, infusion products, intubation and ventilation supplies, personal protection equipment (PPE), hypodermic products, sterilization consumables, other medical supplies. Diagnostic supplies glucose is further sub segmented into monitoring strips, blood collection consumables and diagnostic catheters. Dialysis consumables is further sub segmented into peritoneal dialysis consumables and haemodialysis consumables. Wound care consumables are further sub segmented into dressings, sutures and other wound care consumables. Radiology consumables are further sub segmented into contrast media and other radiology consumables. Infection control supplies disinfectants, medical nonwovens and cleansing agents. Personal protection equipment (PPE) is further sub segmented into hand and arm protection equipment, eye and face protection equipment, head protection equipment, foot and leg protection and other protection equipment. Sterilization consumables are further sub segmented into detergents, sterilization indicators, pouches, lubricants and sterilization accessories.
On the basis of application, the medical supplies market is segmented into urology, wound care, radiology, anesthesia, sterilization, cardiology, ophthalmology, and other applications.
- Hospitals & clinics
- Assisted living centres
- Nursing homes
- Ambulatory surgery canters
On the basis of end user, the medical supplies market is segmented into hospitals, clinics/physician offices, assisted living centres and nursing homes, ambulatory surgery canters, and other end users.
Medical Supplies Market Regional Analysis/Insights
The medical supplies market is analysed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the Medical supplies market report 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 supplies market due to an increase in the number of surgeries and the presence of key market players. Furthermore, an increase in the number of COVID-19 patients will drive the region's medical supplies market growth during the forecast period. The medical supplies market in Asia-Pacific is expected to grow significantly due to an increase in the elderly population. Furthermore, the rising prevalence of cardiovascular diseases is expected to drive growth in the region's medical supplies market in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Medical Supplies Market Share Analysis
The medical supplies 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 supplies market.
Some of the major players operating in the medical supplies market are
- enVista LLC (US)
- American Orthodontics (US)
- 3M (US)
- Danaher (US)
- Henry Schein, Inc. (US)
- Dentsply Sirona (US)
- Align Technology, Inc. (US)
- Rocky Mountain Orthodontics (US)
- G&H Orthodontics (US)
- TP Orthodontics, Inc (US)
- DENTAURUM GmbH & Co. KG (Germany)
- Great Lakes Dental Technologies (US)
- DB Orthodontics (UK)
- Institut Straumann AG (Switzerland)
- Ultradent Products, Inc. (US)
- TOMY Inc., 3Shape A/S (Denmark)
- Leone S.p.A., (Italy).
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