United States Medical Supplies and Equipments Market to hit US$ 56.57 Billion by 2031 | Major Compnies 2026 - Medtronic Inc., Becton Dickinson & Company, Baxter International Inc.

Leander, Texas and Tokyo, Japan - Jan.08.2026
As per DataM intelligence research report" The global Medical Supplies and Equipments Market reached US$ 143.1 billion in 2023 and is expected to reach US$ 188.58 billion by 2031, growing at a CAGR of 3.6% during the forecast period 2024-2031." Healthcare infrastructure expansion and aging populations are sustaining market growth.

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United States Recent Industry Developments

✅ In November 2025, Medline expanded its distribution center in Georgia to serve the Southeast The expansion improves the resilience of the supply chain for critical PPE and surgical kits It ensures readiness for future public health emergencies in the U.S.

✅ In October 2025, Becton Dickinson (BD) launched a new eco-friendly syringe line The syringes use 30% less plastic and are manufactured with renewable energy It helps U.S. hospital systems meet their sustainability and waste reduction goals

✅ In September 2025, 3M Health Care spun off as an independent company "Solventum" The new entity focuses on wound care and health IT innovation It revitalizes investment in core medical supply categories in the U.S.

✅ In August 2025, Stryker acquired a surgical instrument tracking company The technology prevents retained surgical items and optimizes instrument sterilization It improves patient safety and operational efficiency in U.S. operating rooms

Japan Recent Industry Developments

✅ In December 2025, Terumo Corporation launched a "Pain-Free" needle for insulin injection The needle features a specialized bevel design to minimize tissue trauma It improves the quality of life for diabetic patients in Japan

✅ In November 2025, Nipro Corporation expanded its domestic production of dialysis dialyzers The investment reduces reliance on imports and secures the lifeline for Japan's dialysis population It supports the country's robust renal care infrastructure

✅ In October 2025, Olympus unveiled a new single-use endoscope for bronchoscopy The disposable scope eliminates cross-contamination risks and reprocessing costs It offers a hygienic solution for Japanese respiratory clinics

✅ In September 2025, A Japanese textile firm developed antiviral medical curtains for hospitals The curtains use nanoparticle technology to neutralize pathogens on contact It enhances infection control in shared hospital wards in Japan

medical supplies and equipments Market: Drivers
The medical supplies and equipment market is expanding due to increasing healthcare demand and infrastructure development. Rising hospital admissions and surgical procedures drive product consumption. Technological advancements improve device efficiency and safety. Aging populations increase demand for diagnostic and therapeutic equipment. Government investments strengthen healthcare capacity. Growing focus on infection control supports adoption.

Market growth is supported by increasing home healthcare and outpatient services. Innovation in disposable and single-use products improves safety. Emerging markets are modernizing healthcare systems. Supply chain optimization enhances product availability. Partnerships between manufacturers and healthcare providers drive innovation. Medical supplies and equipment remain foundational to healthcare delivery.

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medical supplies and equipments Market: Major Players
Medtronic Inc., Becton Dickinson & Company, Baxter International Inc., Align Technology Inc., IDEXX Laboratories Inc., Henry Schein Inc., Cooper Companies Inc., Bio Rad Laboratories Inc., Hill Rom Hldg Inc., ICU Medical Inc. among others.

Segment Covered in the medical supplies and equipments Market:
By Type
The market is segmented into disposable equipment & supplies 30%, general equipment & supplies 25%, cardiovascular devices 18%, life science tools & services 12%, dental equipment 8%, and others 7%. Disposable equipment and supplies dominate due to high consumption of syringes, gloves, masks, and single-use medical products, supported by infection control protocols and rising healthcare procedures. General and cardiovascular equipment benefit from expanding hospital infrastructure and growing prevalence of chronic diseases.

By Application
Based on application, the market includes wound care 25%, radiology 20%, urology 15%, sterilization 15%, anesthesia 10%, and other applications 15%. Wound care leads due to rising surgical volumes, trauma cases, and chronic wound prevalence. Radiology demand is supported by increased diagnostic imaging procedures, while sterilization equipment is critical for hospital-acquired infection prevention.

By End-User
End-user segmentation comprises hospitals 45%, clinics & physician offices 25%, ambulatory surgery centers 15%, assisted living centers & nursing homes 10%, and others 5%. Hospitals dominate due to high patient inflow, advanced diagnostic and surgical capabilities, and continuous demand for medical supplies. Clinics and ASCs are growing rapidly due to outpatient care expansion and cost-efficient treatment models.

Regional Analysis
North America - 35% Share
North America leads with 35% share driven by advanced healthcare infrastructure, high healthcare spending, and rapid adoption of technologically advanced medical equipment. Strong focus on infection control and patient safety supports market growth.

Europe - 25% Share
Europe accounts for 25% share supported by universal healthcare systems, aging population, and continuous hospital modernization across Germany, France, and the UK.

Asia Pacific - 22% Share
Asia Pacific holds 22% share with rapid healthcare infrastructure development, growing medical tourism, and rising demand for affordable medical supplies in China, India, and Southeast Asia.

Latin America - 10% Share
Latin America represents 10% share driven by improving healthcare access and hospital expansion in Brazil and Mexico.

Middle East & Africa - 8% Share
Middle East & Africa accounts for 8% share supported by healthcare investments, expanding private hospitals, and increasing demand for medical consumables.

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