The Research Report 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.
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%
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.).
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.
Based on end user, the Medical Supplies Market is segmented into hospitals, clinics, assisted living centers and nursing homes, ambulatory surgery centers (ASCs), and other end users. The hospitals segment is expected to register the highest CAGR during the forecast period.
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