Medical Supplies Market Regional Outlook 2025 : Thermo Fisher Scientific Inc., Johnson & Johnson, Baxter International Inc., Boston Scientific Corporation, and 3M Company
Medical supplies market is experiencing impact on offerings of services to healthcare cost. Growth of the market is mainly influenced by availability of products such as equipment’s. Equipment such as surgical knives and gloves, forceps, bandages and dressings, stethoscopes, syringes, medical laboratory equipment, dental drills, x-ray films, and others. The medical supplies & distribution industry does not consider retail sales of drugs and medical supplies, and high-tech medical equipment manufacture. These devices offers assistance to healthcare providers for better services and facilities in the hospitals. Rising number of incidences of chronic diseases is boosted demand for these devices substantially.
The intense competition in the market lead to high investment, however, rather than developing and manufacturing advanced products in every industry. For widening companies’ business region and product portfolio, the key players started to acquisitions. The industry has key trend of merger, acquisitions, and strategic collaboration for widening its business across regions. This trend offer advantages to offer wide range of products. For instance, in 2016, Baxter International Inc. acquired Claris Injectables for US$625 Mn for widening product portfolio. It was a subsidiary of Claris Lifesciences a sterile injectable pharmaceutical company. This acquisition allowed to Baxter international Inc. to offer advanced products from Claris.
Likewise, in March 2017, Boston Scientific Corporation announced to acquire Symetis SA. It is medical technology company that offers and manufactures transcatheter aortic valve implantation (TAVI) devices. This acquisition offers to Boston Scientific to offer this TAVI devices.
Additionally, due to continue evolving technologies, the hospitals and many healthcare service operators are changing existing systems. This trend of merger, acquisitions, and strategic collaboration coupled with changing systems with advanced one are driving growth of the market and expected to continue over forecast period.
Request Sample Copy of the Report @
Global Medical Supplies Market: Overview
Medical supplies is an umbrella term used for all devices and equipment used to diagnose, monitor, and treat a patient within the healthcare industry. Of the several types of diagnostic medical supplies, the more common ones include ultrasound and MRI machines, scanners such as PET and CT, and most commonly, x-ray machines. Monitoring equipment includes the devices that continuously measure a patient’s blood pressure, EEG, and ECG. The global medical supplies market also includes the devices being used to monitor and treat patients that are a part of an organization’s home care services. Therapy can include devices such as CPM machines.
Global Medical Supplies Market: Key Trends
The top driver augmenting the demand volume experienced by the global medical supplies market at the moment, is the increasing average of patients approaching medical facilities. In most regions, this is due to the increasing count of the geriatric citizens. This holds true especially for developed economies, where the elderly demographic is increasing at a very fast pace, due to reduced mortality rates. In emerging economies, the increase of healthcare outreach is creating a greater scope of access for patients from various age groups, classes, and locations. The global medical supplies market is also being driven by the growing number of cases of hospital-acquired infections, or nosocomial infections. These are creating the need for specialized materials and unique treatment options.
Global Medical Supplies Market: Market Potential
The booming demand for healthcare services and devices is essentially driving the global medical supplies market, and it will likely be the primary driver for the same. Of the many strategies being employed by players in the market to turn towards greater profitability, partaking in mergers and acquisitions is one of the more common steps. A recent example includes the plans revealed by Cardinal Health in buying out the medical supplies business owned by Medtronic. Medtronic specializes in cutting edge medical technologies including ones in implantable heart defibrillators and heart stents, was already growing stronger after its acquisition of Covidien in 2014.
Request TOC of the Report @
Meanwhile, players in the global medical supplies market are being constantly monitored by government agencies when it comes to adhering the safety and quality standards set out for medical supplies. The regulatory framework surrounding the global medical supplies market is getting more stringent by the year and players may even find it difficult to keep up with the inflating raw material and manufacturing prices while having to stick to these regulations.
Global Medical Supplies Market: Regional Outlook
The global medical supplies market has experienced a very high level of research and development in the regions of North America and Europe. Both regions have consistently been at the forefront of technological advancement in the healthcare industry and are likely to continue bearing leaders in the global medical supplies market over the coming years. Meanwhile, the demand for medical supplies is escalating at a very high rate in the regions of Latin America and Asia Pacific, as both regions show signs of catching up to the advancements held by the developed economies. Asia Pacific specifically is showing a very high incremental demand rate for medical supplies, thanks to the growing medical outreach combined with the increasing popularity of medical tourism.
Global Medical Supplies Market: Competitive Analysis
The leading players in the global medical supplies market currently include Medtronic Plc., Becton, Dickinson and Company, B. Braun Melsungen AG, Halyard Health, Inc., Cardinal Health, Inc., Thermo Fisher Scientific Inc., Johnson & Johnson, Baxter International Inc., Boston Scientific Corporation, and 3M Company.
Read Comprehensive Overview of Report @
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Supplies Market Regional Outlook 2025 : Thermo Fisher Scientific Inc., Johnson & Johnson, Baxter International Inc., Boston Scientific Corporation, and 3M Company here
News-ID: 1354630 • Views: 128
More Releases from TMR Research
Weigh in Motion Market Share and Growth Factors Impact Analysis 2018 – 2028
Weigh in Motion Market – Introduction Weigh in motion (WIM) devices are specifically designed equipment to record the truck axle & gross vehicle weights as they drive over a measuring site or a sensor. The existing weigh in motion systems are witnessing an increasing traction over the conventional static weigh stations, as they don’t require the vehicle to stop, which make them a more efficient option. Numerous benefits of weigh
Gas Analysis Systems Market Competitive Landscape Analysis with Forecast by 2028
Gas Analysis Systems Market Introduction Gas analysis systems are used to monitor or analyze various chemical gases present in the product or sample. It helps in identifying the gas and also provides information on the quantity, displaying in the numerical or graphical form. The standard gas analysis system includes sample probe, line, filter, gas conditioning system including pump, cooler, and calibration gas system, and series of gas analyzers. Industries across sectors
VRF System Market - Product Application 2028 | Commercial Residential Others (Me …
VRF System Market – Introduction Variable refrigerant flow (VRF) system is widely adopted to control the amount of refrigerant flowing to various evaporators with different configurations and capacities. This growing adoption of VRF systems is attributed to their ability to provide comfort without swings at room temperature by offering the desired supply of heating or cooling when the need arises. VRF system caters to various applications owing to its availability
Digital Out of Home Market Dynamic Business Environment during 2018 - 2028
Digital Out of Home Market– Introduction Digital out of home (DOOH), also referred to as digital signage is a modern form of advertising that has effectively replaced traditional forms of advertising and marketing. Digital out of home advertising enables local vendors and advertisers to engage customers in real time, and track and monitor the effectiveness of their marketing messages. DOOH is a rapidly growing and dynamically-served visual mode of advertising
More Releases for Medical Scientific Supplies
Global Disposable Medical Supplies Market 2018: Key Players – Baxter, Freseniu …
Summary WiseGuyReports.com adds “Disposable Medical Supplies Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Disposable Medical Supplies Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Disposable Medical Supplies Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the
Medical Supplies Market – Worldwide Demand Overview 2025 | Boston Scientific C …
Medical Supplies Market: Snapshot Medical supplies market is experiencing impact on offerings of services to healthcare cost. Growth of the market is mainly influenced by availability of products such as equipment’s. Equipment such as surgical knives and gloves, forceps, bandages and dressings, stethoscopes, syringes, medical laboratory equipment, dental drills, x-ray films, and others. The medical supplies & distribution industry does not consider retail sales of drugs and medical supplies, and high-tech
Urology Surgery Supplies Market Report 2017- Cook Medical, C.R. Bard, Boston Sci …
Apex Research, recently published a detailed market research study focused on the "Urology Surgery Supplies Market" across the global, regional and country level. The report provides 360° analysis of "Urology Surgery Supplies Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Urology Surgery Supplies industry, and estimates the future trend of Urology
Disposable Medical Supplies Global Market Trends 2017-2022 Johnson & Johnson, Ba …
Disposable Medical Supplies Market Research Report A market study ” Global Disposable Medical Supplies Market ” examines the performance of the Disposable Medical Supplies market Size 2017. It encloses an in-depth Research of the Disposable Medical Supplies market state and the competitive landscape globally. This report analyzes the potential of Disposable Medical Supplies market in the present and the future prospects from various angles in detail. Get Full Research Report of