Global Medical Supplies Market 2019 Key highlights, Segmentation, Overview and Forecast
According to Latest Market research report Published by MarketsandMarkets the “Medical Supplies Market Size, Share, Demand and Growth Analysis, forecast” the Global Market is expected to reach USD 136.63 billion, at a CAGR of 6.8%
The Research Report on Medical Supplies Market provides a detailed overview of the major drivers, restraints, challenges, opportunities, and strategies impacting the global medical supplies market along with the estimates and forecasts of the revenue and market share analysis.
Major Market Developments:
key players operating in the Global Medical Supplies Market;
The key players in the medical supplies market include Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), Becton, Dickinson and Company (U.S.), Cardinal Health, Inc. (U.S.), Halyard Health, Inc. (U.S.), Johnson & Johnson (U.S.), Thermo Fisher Scientific Inc. (U.S.), Boston Scientific Corporation (U.S.), Baxter International Inc. (U.S.), and 3M Company (U.S.).
Critical questions the report answers:
Major Drivers Impacting the Medical Supplies Market;
· Rising Incidence of Diseases
· Growing Geriatric Population
· Increasing Incidence of Hospital-Acquired Infections
· Growth in the Number of Surgical Procedures
Global Medical Supplies Market Segmentation:
Based on application, the market is segmented into urology, wound care, radiology, anesthesia, sterilization, cardiology, ophthalmology, and other applications. The anesthesia segment is expected to register the highest growth during the forecast period. The high growth in this segment is attributed to the increasing number of surgical procedures being performed across the globe and the rising incidence of respiratory diseases.
Medical Supplies Market, by Region
Read a Press-Release on “Medical Supplies Market”
Various types of medical consumables are used by healthcare professionals during anesthesia procedures. Majority of the consumables used in these procedures are disposable in nature to reduce the risk of infections. Some of the major consumables used in anesthesia include endotracheal tubes (ET), tracheostomy tubes, laryngeal tubes, I.V. cannula, needles, catheters, and breathing circuits. The major factors driving the growth of the medical supplies market for anesthesia applications include the increasing number of surgical procedures being performed across the globe and increasing incidence of respiratory diseases.
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