DUBLIN, November 2, 2022 /PRNewswire/ — The “Medical Supplies Market by Type (Diagnostic Supplies, Dialysis Consumables, Disinfectants, Catheters, Radiology Consumables), Application (Urology, Cardiology, Radiology, IVD), End-User (Hospitals, Clinics, and Physician’s Offices) – Global Forecast to 2027” Report has been added ResearchAndMarkets.com Offer.
The medical supply market is expected to be reached $163.5 billion until 2027 $138.4 billion in 2022 at a CAGR of 3.4% over the forecast period.
The main factors driving the growth of this market are the increasing prevalence of chronic diseases worldwide, rising government-funded investments and initiatives in healthcare projects, increasing demand for infection control measures to curb HAIs, increasing number of surgical procedures and increasing demand for medical devices. However, product recalls and strict regulatory requirements for medical supplies approval are expected to restrain the growth of this market in the coming years.
Intubation and ventilation accessories segment accounted for the largest share of medical accessories market in 2021.
The medical consumables market is further segmented by type into disinfectants, catheters, personal protective equipment, wound care consumables, infusion and injection consumables, diagnostic consumables, radiology consumables, intubation and ventilation consumables, and sleep apnea consumables, sterilization consumables, dialysis Consumables and other medical supplies. In the…