New Era of Medical Supplies Market 2020-2025: Prominent Key Players - 3M, BD, J&J, Baxter, Boston Scientific, Medtronic, Terumo, Smith & Nephew

Overview of Global Medical Supplies Market:

This report provides in-depth study of “Global Medical Supplies Market 2020” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Medical Supplies Market report also provides an in-depth survey of key players in the market organization.

The Global Medical Supplies Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Medical Supplies market size to maintain the average annual growth rate of 0.0417650841729 from USD 85.59 Billion in 2015 to USD 105.02 Billion in 2019, market analysts believe that in the next few years, Medical Supplies market size will be further expanded, we expect that by 2025, The market size of the Medical Supplies will reach USD 146.59 Billion.

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Some of the most important key factors driving the growth of the Global Medical Supplies Market are growing patient pool for renal diseases, increasing incidence of diabetes and hypertension, rapid growth in geriatric population and increasing adoption of dialysis procedures over kidney transplantations. The Medical Supplies and equipment account for a high proportion of health care costs, impacting the quality of care significantly. Over the past few years, the healthcare sector is burgeoning, globally, mainly due to the increasingly prosperous population that demands high-quality care.  Along with the flourishing healthcare sector, the Medical Supplies Market is too growing rapidly, witnessing the increasing demand in treatment and surgical procedures.

Through the statistical analysis, the report depicts the international Medical Supplies Market including capacity, production, production value, cost/profit, supply/demand and global import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2020-2025 market development trends of Medical Supplies industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.

Global Key Vendors:

1 Johnson & Johnson

2 Baxter

3 Fresenius

4 Boston Scientific

5 Medtronic

6 BD

7 3M

8 Terumo Corporation

9 B. Braun

10 Smith & Nephew

11 Abbott

12 C. R. Bard

13 Novartis

14 Medline

15 Teleflex

16 Halyard Health

17 Nitto Medical

18 Lohmann & Rauscher and More……………….

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Product Type Segmentation

1 Injection and Infusion

2 Wound Care

3 Blood and Dialysis

4 Medical Implanting Material

5 Disposable Clothing

Industry Segmentation

1 Hospitals & Other Medical Institutions

2 Home Healthcare & Nursing Home

Top Medical Industry News:

BD (Becton, Dickinson and Company) (April 13, 2020) - BD Announces Second FDA Emergency Use Authorization, CE Mark for New COVID-19 Molecular Diagnostic for Global Use - BD (Becton, Dickinson and Company), a leading global medical technology company, today announced that the U.S. Food and Drug Administration (FDA) has granted Emergency Use Authorization (EUA) for an additional molecular diagnostic test for COVID-19 that can return results in two to three hours. The new test also has been CE marked to the IVD Directive (98/79/EC).

The test, which is run on the BD MAX System, provides additional testing capacity for COVID-19 in the United States and in countries that recognize the CE Mark to test patients and health care workers. The test is in addition to the other tests already available on the BD MAX System from collaborations with BioGX and CerTest and is based on the CDC assay design. The BD MAX System, a molecular diagnostic platform, is already in use at thousands of laboratories worldwide, and each unit is capable of analyzing hundreds of samples over a 24-hour period.

"The new BD COVID-19 test for the BD MAX System will help increase availability of these much-needed tests around the world," said Dave Hickey, president of Integrated Diagnostics for BD. "We continue to work towards a full portfolio of testing options to give health care workers choice and access to the right test for the right situation."

The majority of BD MAX Systems are installed in hospital laboratories, reducing the added time and complexity of needing to send samples to a reference lab. The system is fully automated, reducing the opportunity for human error and increasing the speed to result, and can process 24 samples simultaneously. The assay is based on the same viral RNA targeting sequences and real-time PCR detection method as the test developed by the U.S. Centers for Disease Control and Prevention (CDC).

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Major Points in Table of Contents:

Global Medical Supplies Market Report 2020

1 Medical Supplies Product Definition

2 Global Medical Supplies Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Medical Supplies Shipments

2.2 Global Manufacturer Medical Supplies Business Revenue

2.3 Global Medical Supplies Market Overview

3 Manufacturer Medical Supplies Business Introduction

3.1 Johnson & Johnson Medical Supplies Business Introduction

3.2 Baxter Medical Supplies Business Introduction

3.3 Fresenius Medical Supplies Business Introduction

3.4 Boston Scientific Medical Supplies Business Introduction

3.5 Medtronic Medical Supplies Business Introduction

3.6 BD Medical Supplies Business Introduction

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