Global Medical Supplies
Market Report
2025
The medical supplies market size was valued at USD 130 billion in 2022 and will be USD 181.6 billion in 2030 with a CAGR of 4.27% during forecast period.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The medical supplies market size was valued at USD 130 billion in 2022 and will be USD 181.6 billion in 2030 with a CAGR of 4.27% during forecast period.
2021 | 2025 | 2033 | CAGR | |
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Global Medical Supplies Market Sales Revenue | 121212 | 121212 | 121212 | 4.27% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End Users |
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Market Split by Product Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Medical Supplies Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Medical supplies can be used alone or in conjunction with any accessory, consumable, or additional piece of medical equipment for the specific objectives of diagnosing and treating diseases, as well as for rehabilitation following illness or accident. Since a few years ago, there has been an increase in the market for medical supplies, driven by rising healthcare costs and a growing demand for high-quality medical products. This market includes a wide variety of goods, such as disposable medical supplies, surgical tools, diagnostic equipment, and more. The aging population is one of the main drivers boosting the medical supply business. The need for medical items has grown as people live longer and require more medical attention and care. The expansion of this industry has also been aided by the increase in chronic conditions like cancer, diabetes, and heart disease.
Due to an increase in both massive and small-scale issues brought on by climatic changes, chronic illnesses, accidents, and injuries, the medical supply market has been growing. The need for diverse medical product supplies is being driven by the increase in maternity care & surgical infections, as well as hospital acquired disorders. Additionally, it is anticipated that the COVID-19 pandemic will greatly raise the demand for medical supplies. The demand for surgical gowns, drapes, gloves, procedural kits, and trays increases along with the frequency of operations.
It is projected that the phenomenal technological advancement in the medical industry will drive the global market for medical supplies technology. One of the most important aspects of the growth of the healthcare industry is the use of technology. To ensure that patients exploit medical technology to its fullest, more integration with modern clinical therapy is being obtained. In the upcoming years, it is projected that this factor would expand the global market for medical device technology.
Restraint
The industry has undergone significant changes over the past years, including the introduction of new technology and modification to design. But these gadgets are expensive with a healthy acquisition cost and ongoing maintenance cost that raise the total cost and length of ownership. Some of the more complex devices comes with a lot of extra components like chips, batteries, sensors and other accessories that must be regularly serviced
The growing need for high-quality medical items is one of the biggest opportunities in the market for medical supplies. The need for medical care and attention is increasing as the world's population ages and grows. In addition, there is a greater need for medical products due to the rise in chronic diseases like cancer, diabetes, and heart disease. The continuous emphasis on infection prevention and control presents a significant opportunity in the market for medical products. High-quality personal protective equipment (PPE) and other infection control solutions are more important than ever due to the ongoing COVID-19 epidemic. Companies who can make the switch to making these items can take advantage of a developing market and fill a vital demand.
The development of covid -19 outbreak had both beneficial and bad effects for the pharmaceutical and healthcare industry. The hospital supply market has benefited by covid-19 which has spurred market expansion. The market for medical supplies has grown significantly since covid-19 epidemic. The number of positive cases increased quickly, which resulted in increasing demand for medical supplies. To address the demand of patients and hospitals, medical device makers have boosted their capacity to produce a wide range of hospital equipment. The supply chain expanded quickly when the lockdown was lifted and medical supplies import and export increased. As a result, the market experienced significant growth during the pandemic period. And predicted that the medical supplies market would have the highest growth rate during the forecast period.
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Siemens healthineers has launches the MULTIX impact C is ceiling-mounted digital radiography devices
Siemens Healthineers' MULTIX Impact C is a digital radiography (DR) system that is installed on the ceiling. The well-known floor-mounted parental DR system was updated with the MULTIX Impact VA20.
The government had tabled drafts for new drugs, medical supplies and cosmetic bills.
To guarantee and provide complete legal protections in order to guarantee the dependability, effectiveness, and compliance with standards of the medical products sold in India.
Johnson & Johnson medical devices company launched ENSEAL X1 curved jaw tissue sealer.
The ENSEAL X1 curved jaw tissue sealer was introduced by the Johnson & johnson company's ethicon division. It is intended for use in procedures involving colorectal, gynaecological, bariatric, and Thoracic surgeries.
Top Companies Market Share in Medical Supplies Industry: (In no particular order of Rank)
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The North America medical supplies market is anticipated to expand due to growing prevalence of numerous chronic diseases, increasing elderly population, increasing healthcare expenditure, enhanced healthcare infrastructure and growing demand for surgeries among the populace. Moreover, the increased penetration and adoption of health and medical insurance policies among the population pushes people to seek surgical treatment, which is projected to boost the medical supplies market in North America.
The current report Scope analyzes Medical Supplies Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Medical Supplies Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Medical Supplies Industry growth. Medical Supplies market has been segmented with the help of its Type, End Users Product Type, and others. Medical Supplies market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type the medical supplies market is segmented into therapeutic and surgical devices, patient monitoring, diagnostic and medical imaging devices and other medical devices. The monitoring devices market segment, which currently has the greatest market share, is anticipated to grow at the fastest rate throughout the forecast period. the causes that can be linked to rising adoption in healthcare facilities. The need for the monitoring devices market is rising due to technological developments, new product approvals, and benefits including mobility and a small design.
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Based on the end user the medical supplies market is divided into hospital; and ambulatory surgical centres, clinics and other. During the anticipated period, the hospital sector will hold the biggest market share. The elements can be linked to the infrastructure's accessibility and the presence of qualified personnel in hospitals. The demand for the hospital segment is being met by the growing use of x-rays, CT scans, handheld ultrasound equipment, and endoscopes.
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Based on product type, the medical supplies market is divided into respiratory devices, cardiology devices, orthopaedic devices, endoscopy devices and ophthalmology devices. Cardiology supplies dominate the medical supplies market. This may be because cardiovascular disorders are spreading and having a bigger impact, which is creating a lot of issues for the medical community and professionals. The growing number of cardiovascular stents and their fast shift from stainless steel to novel biodegradable devices is another factor driving the market.
The market for orthopaedic devices is anticipated to rise as osteoporosis and arthritis are becoming more commonplace and as the world's ageing population demands less intrusive procedures. There are also more and more bone-related illnesses that call for joint restoration. All of these escalating factors need sophisticated medical treatments and customised implants, which show how to promote market expansion collectively.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Medical Supplies Market is witnessing significant growth in the near future.
In 2023, the Therapeutic and surgical devices segment accounted for noticeable share of global Medical Supplies Market and is projected to experience significant growth in the near future.
The hospital segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Johnson & Johnson, Fresenius and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Therapeutic and surgical devices, Patient monitoring, diagnostic and medical imaging devices, Other medical devices |
End Users | hospital, homecare setting, other |
Product Type | respiratory devices, cardiology devices, orthopaedic devices, diagnostic imaging devices, endoscopy devices, ophthalmology devices |
List of Competitors | Johnson & Johnson, Baxter, Fresenius, Boston Scientific, Medtronic, BD, 3M, Terumo Corporation, B. Braun, Smith & Nephew, Abbott, C. R. Bard, Novartis, ConvaTec, Medline, Teleflex, Halyard Health, Nitto Medical, Coloplast, Smiths Group, Weigao, BSN medical, Lohmann & Rauscher, Ansell |
This chapter will help you gain GLOBAL Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review Global Medical Supplies Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review North America Medical Supplies Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review Europe Medical Supplies Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review Asia Pacific Medical Supplies Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review South America Medical Supplies Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review Middle East Medical Supplies Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Medical Supplies. Further deep in this chapter, you will be able to review Middle East Medical Supplies Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Medical Supplies. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End Users Analysis 2021 - 2033
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Chapter 12 Market Split by Product Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Medical Supplies market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Therapeutic and surgical devices have a significant impact on Medical Supplies market? |
What are the key factors affecting the Therapeutic and surgical devices and Patient monitoring of Medical Supplies Market? |
What is the CAGR/Growth Rate of hospital during the forecast period? |
By type, which segment accounted for largest share of the global Medical Supplies Market? |
Which region is expected to dominate the global Medical Supplies Market within the forecast period? |