Medical Supplies Market to Witness Huge Growth by 2021 | Key Players are Medtronic plc (Ireland), Cardinal Health, Inc. (U.S.), Becton, Dickson and Company (U.S.), Johnson & Johnson (U.S.) etc.

COVID-19 impact on Medical Supplies Market by Type (Intubations, Personal Protective Equipment, Infusion, Radiology, Wound Care Supplies), End User (Hospitals, Clinics) - Global Forecast to 2021

"COVID-19 impact on the medical supplies market is projected to grow at a CAGR of ~9%."

The global medical supplies market size is projected to reach USD ~100 billion by 2021 from USD ~78 billion in 2019, at a CAGR of ~13.4% during the forecast period. The market for medical supplies is driven primarily by the increasing demand for disinfectants due to the rising awareness about persona hygiene during the COVID-19 outbreak, increasing usage of PPE and N-95 mask to safeguard patients, healthcare professionals & general public, growing demand for ventilators, and increasing demand for diagnostics supplies.

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The leading players in the medical supplies market include Medtronic plc (Ireland), Cardinal Health, Inc. (U.S.), Becton, Dickson and Company (U.S.), Johnson & Johnson (U.S.), and B. Braun Melsungen AG (Germany), Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (U.S.), STERIS Corporation (U.S.), Getinge Group (Sweden), Advanced Sterilization Products (U.S.), 3M Company (U.S.), Smith & Nephew (U.K.), and Mölnlycke Health Care AB (Sweden), among others.

"In 2019, the diagnostics supplies segment accounted for the largest share of the market."

Based on the product, the diagnostic supplies segment accounted for the largest share of the medical supplies market in 2019. The growth of this segment can be attributed to the rising number of COVID-19 tests owing to the increasing number of patients, and the introduction of newer diagnostics supplies in the market.

"In 2019, the hospital segment accounted for the largest share of the market."

Based on end-users, the hospital segment accounted for the largest share of the medical supplies market in 2019. The growth of this segment is attributed to the increasing demands for hospital beds and intensive care units, increasing demand for specialized staff in hospitals, increased consumption of Personnel Protective Equipment.

"North America is projected to witness the highest growth during the forecast period."

The North American market is estimated to register the highest CAGR during the forecast period. Factors such as the highest number of COVID-19 cases, the presence of a large number of key local players that can ramp up the production of these supplies, increased accessibility to advanced healthcare facilities is fueling the demand for the medical supplies market in the North America region.

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Research Coverage:

The report analyzes the various medical supplies and their adoption patterns. It aims at estimating the market size and future growth potential of the medical supplies market for different segments such as product, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market, and recent developments and key short-term strategies.

Reasons to Buy the Report:

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.

This report provides insights on the following pointers:

1. Market Development: Comprehensive information on the lucrative emerging regions by product, end user, and region
2. Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the medical supplies market
3. Competitive Assessment: In-depth assessment of market shares, short-term growth strategies, of leading players in the medical supplies market

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.4 Markets Covered
1.5 Years Considered For The Study
1.6 Currency
1.7 Limitations
1.8 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Growth Forecast
2.5 Market Breakdown & Data Triangulation

3 Covid-19 Outbreak
3.1 Covid-19 Health Assessment
3.2 Covid-19 Economic Assessment
3.3 Covid-19 Impact On Economy-Scenario Assessment

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Growing Awareness For Environmental & Personal Hygiene Leading To Rising Demand Of Disinfectants
4.2.1.2 Increasing Number Of Emergency Centers, Hospital Settings And Icus During The Pandemic
4.2.1.3 Increasing Need Of Healthcare Workers In Hospitals And Government Camps & Surveys
4.2.1.4 Increased Demand Of Ppe Kits And N95 Masks Globally
4.2.1.5 Increasing Demand Of Ventilation Supplies For Effective Management Of Critical Covid-19 Patients
4.2.1.6 Increasing Demand Of Diagnostic Supplies For Rapid Diagnosis Of Covid- 19
4.2.2 Restraints
4.2.2.1 Delay In The Non-Urgent Treatment And Surgical Procedures
4.2.2.2 Impact On Supply Chain And Logistics Due To Lockdown
4.2.3 Opportunities
4.2.3.1 Development Of Specific Testing Kits For Covid-19
4.2.3.2 Repurposing Of Liquor Production Line Into Sanitizer Manufacturing To Meet The Demands

5 Global Medical Supplies Market, By Type
5.1 Introduction-Most Attractive Markets
5.2 Diagnostic And Blood Collection Supplies
5.2.1 Blood Collection Supplies
5.2.2 Diagnostics Catheters
5.3 Disinfectants
5.4 Intubation & Ventilation Supplies
5.5 Personal Protection Equipment
5.6 Sterilization Supplies
5.7 Infusion And Injectable Supplies
5.8 Dialysis Supplies
5.8.1 Peritoneal Dialysis Consumables
5.8.2 Hemodialysis Consumables
5.9 Wound Care Supplies
5.9.1 Advanced Wound Dressings
5.9.2 Surgical Wound Care
5.9.3 Traditional Wound Care
5.1 Radiology Supplies
5.11 Other Medical Supplies

6 Global Medical Supplies Market, By End User
6.1 Introduction
6.2 Hospitals
6.3 Clinics/Physician Offices
6.4 Other End Users

7 Global Medical Supplies Market, By Region
7.1 Introduction
7.2 North America
7.2.1 Us
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 France
7.3.3 U.K.
7.3.4 Italy
7.3.5 Spain
7.3.6 Rest Of Europe (Roe)
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest Of Asia Pacific (Roapac)
7.5 Rest Of The World

8 Competitive Landscape
8.1 Overview
8.2 Intubation And Ventilation Supplies
8.2.1 Key Companies
8.2.2 Short Term Strategies
8.3 Personal Protective Equipment
8.3.1 Key Companies
8.3.2 Recent Development
8.3.3 Short Term Strategies
8.4 Disinfection
8.4.1 Key Companies
8.4.2 Recent Development
8.4.3 Short Term Strategies
8.5 Diagnostic And Blood Collection Supplies
8.5.1 Key Companies
8.5.2 Recent Development
8.5.3 Short Term Strategies
8.6 Sterilization Supplies
8.6.1 Key Companies
8.6.2 Recent Development
8.6.3 Short Term Strategies
8.7 Infusion & Injectable Supplies
8.7.1 Key Companies
8.7.2 Recent Development
8.7.3 Short Term Strategies
8.8 Dialysis Supplies
8.8.1 Key Companies
8.8.2 Recent Development
8.8.3 Short Term Strategies
8.9 Wound Care Supplies
8.9.1 Key Companies
8.9.2 Recent Development
8.9.3 Short Term Strategies
8.10 Radiology Supplies
8.10.1 Key Companies

9 Appendix
9.1 Knowledge Store: Marketsandmarkets' Subscription Portal
9.2 Introducing Rt: Real-Time Market Intelligence
9.3 Related Reports
9.4 Author Details

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