Pune, India -- (SBWIRE) -- 05/22/2018 -- The Global Medical Supplies Market accounted to USD 95.0 billion in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Medical Supplies Market by Type (Diagnostic, Dialysis, Wound Care, Inhalation, Infection Control, Infusion, Intubation, Personal Protection Equipment), Application (Wound Care, Urology, Radiology, Anesthesia, Sterilization, Cardiology, Ophthalmology, Others), End-Users (Clinics/Physician Offices, Hospitals, Assisted Living Centers & Nursing Homes, Ambulatory Surgery Centers, Others), Geography- Industry Trends and Forecast to 2024

Market Definition:

Medical Supplies companies manufacture and circulate a wide range of items, from surgical and dental instruments to elective laser surgery equipment to orthopedic products in order to optimize profits. As, theses market are equally competitive and consist of different types such as wound care, infection control, inhalation and infusion and many more.

Competitive Analysis:

The global medical supplies market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical supplies market for global, Europe, North America, Asia Pacific and South America.

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Major market drivers and restraints:

Increasing rate of hospital-acquired infections (HAIs) and disease
Growth in geriatric population
Increasing surgeries procedure
Government support
Increment in per capita income

Market Segmentation:

On the basis of types, global medical supplies market is segmented into diagnostic, dialysis, wound care, inhalation, infection control, infusion, intubation and personal protective equipment (PPE).

Personal protective equipment is again sub-segmented into hand & arm protection equipment, eye & face protection equipment, head protection equipment, foot & leg protection, and other protection equipment.

On the basis of application the global medical supplies market is segmented into diagnostic, dialysis, wound care, inhalation, infection control, infusion, intubation, and personal protection equipment

On the basis of end-users the global medical supplies market is segmented into clinics/physician offices, hospitals, assisted living centers & nursing homes, ambulatory surgery centers, and others.

On the basis of geography, global medical supplies market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Top Companies Mentioned:

- Boston Scientific Corporation
- GE Healthcare
- Johnson & Johnson Services Inc.
- Siemens AG
- Medtronic
- Baxter
- Becton, Dickinson and Company
- Fresenius Medical Care AG & Co. KGaA
- Cardinal Health
- B. Braun Melsungen AG
- Thermo Fisher Scientific
- Koninklijke Philips NV
- Novartis AG
- Halyard Health, Inc.
- Covidien plc
- 3M among others.

Research Methodology:

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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