DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Medical Supplies Market - Global Forecast to 2021" report to their offering.
The medical supplies market is projected to reach USD 136.63 Billion by 2021 from USD 98.33 Billion in 2016, at a CAGR of 6.8% during the forecast period.
Medical supplies include single-use or disposable products used in all healthcare facilities such as hospitals, clinics, and nursing homes. They are categorized based on their applications and usage in healthcare facilities. Some medical supplies such as hypodermic products and inhalation supplies are used in drug delivery procedures, whereas, sterilization and infection control supplies are used to prevent infections in healthcare settings. For diagnostic procedures, medical supplies such as glucose testing strips, diagnostic catheters, and blood collection consumables are frequently used. Moreover, for the safety of workers in hospitals, personal protective equipment (PPE) are used which help prevent injuries and minimize radiation exposure.
Growth in the medical supplies market is primarily driven by the increasing prevalence of chronic and infectious diseases, rising number of surgeries, growing geriatric population, and rising number of hospital-acquired infections (HAIs). However, strict and mandate regulatory requirements for the approval of medical supplies and rising number of product recalls are expected to hinder the growth of this market.
- 3M Company
- B. Braun Melsungen Ag
- Baxter International Inc.
- Becton, Dickinson And Company
- Boston Scientific Corporation
- Cardinal Health, Inc.
- Halyard Health, Inc.
- Johnson & Johnson
- Medtronic Plc
Thermo Fisher Scientific Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Medical Supplies Market, By Type
7 Global Medical Supplies Market, By Application
8 Global Medical Supplies Market, By End User
9 Global Medical Supplies Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/p5lxct/medical_supplies