News Update on Global Medical Supplies Market: Mainly Driven by Enhanced Medical Devices Infrastructure


Posted September 18, 2018 by kunalraut

According to Data Bridge Market Research new Market report “Global Medical Supplies Market, accounted to USD 102.1 billion in 2016 at a CAGR of 6.9% during the forecast period of 2017 to 2024.

 
According to Data Bridge Market Research new Market report “Global Medical Supplies Market, accounted to USD 102.1 billion in 2016 at a CAGR of 6.9% during the forecast period of 2017 to 2024.
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Key Market Points: Global Medical Supplies Market
Factors such as increase in non-communicable diseases, high growth-rate of hospital-acquired infections (HAIs), and increasing number of surgeries are driving the growth for this market. According to World Health Organization, it has been anticipated that, by 2020, chronic diseases will represent almost three-quarters of all deaths worldwide out of which 71 percent of deaths will be due to ischaemic heart disease (IHD), 75 percent of deaths due to stroke, and 70 percent of deaths will be due to diabetes, estimated to occur in developing countries.
Growth is also due to growing geriatric population and wide opportunities in the development and investment into medical devices. However, strict regulatory requirements regarding the approval of medical supplies and rising number of product recalls are expected to restrain the growth of this market. North America held the largest market for rehabilitation equipment due to factors such as rise in geriatric population,growth in different types of diseases and large presence of manufactures in the market.
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Market Segmentation: Global Medical Supplies Market
The global medical supplies market is segmented on the basis of type, application,and end user.
Type
• Diagnostic
• Dialysis,
• Wound Care
• Inhalation
• Infection Control
• Infusion
• Intubation
• PPE
Application
• Anesthesia
• Radiology
• Sterilization
End User
• Hospital
• Clinic
• Nursing Home
Geographical Segmentation : Global Medical Supplies Market
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Browse Detail TOC, List of Figures, List of Tables from Global Medical Supplies Market @ https://databridgemarketresearch.com/toc/?dbmr=global-medical-supplies-market
Competitive Landscape : Global Medical Supplies Market
The global medical supplies in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America medical supplies market.
Global medical supplies market is dominated by players
• Baxter,
• Boston Scientific Corporation,
• Thermo Fisher Scientific,
• GE Healthcare,
• Johnson & Johnson Services Inc.,
• Siemens AG, Medtronic,
• Becton,
• Dickinson and Company,
• Novartis AG Fresenius Medical Care AG & Co. KGaA,
• Cardinal Health,
• B. Braun Melsungen AG,
• ,Koninklijke Philips NV,
• Halyard Health, Inc.,
• Covidien plc,
• 3M, among
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Last Updated September 18, 2018