MEDICAL CONSUMABLES MARKET SIZE:
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The Medical Consumables Market Size was valued at USD 430.42 Billion in 2023 and is expected to reach USD 1194.52 Billion by 2032 and grow at a CAGR of 12.05% over the forecast period 2024-2032.
The Medical Consumables market is increasing due to the growing occurrence of chronic diseases and an aging population. Chronic disease leads to an increase in general medical care, and consequently in the use of consumables (e.g., syringes, gloves, catheters). The increase in demand is also attributed to the rising emphasis on infection control and hygiene standards, compelling healthcare practitioners to adopt disposable products to reduce the risk of cross-contamination. This increasing commitment to hygiene standards in health care entails the consumption of about 350 billion medical gloves per year. According to the World Health Organization (WHO), approximately 71% of all deaths globally are due to chronic diseases such as cardiovascular diseases, cancers, respiratory diseases, and diabetes. Moreover, 6 in 10 adults in the U.S. have a chronic disease and 4 in 10 adults live with two or more chronic conditions, according to the Centers for Disease Control and Prevention (CDC), which is another factor contributing to the growth of this market.
Moreover, technological improvements and product innovation in medical consumables also boost the market growth. Manufacturers have already been working on making products less cumbersome while making the outcomes better for patients and processes best in healthcare. For example, Smart medical devices and new materials for consumables enhance function and safety. While increasing the efficiency of healthcare delivery, these innovations attract investments in health institutions allowing a better market atmosphere. A study in Health Affairs shows that recent advances in medical technologies have decreased the hospital readmission rate by 25%, also pointing toward a critical role of innovative consumables here for enhanced patient care and safety. Combined with improved standards of living and health insurance coverage for a higher number of patients who need them, there are so many things you can bank on driving this growth well into the future medical consumables have a habit of being an integral part of the modern healthcare practice.
MARKET DYNAMICS
KEY DRIVERS:
Rapidly Evolving Healthcare Infrastructure Drives High Demand for Medical Consumables and Market Growth
State and private sectors are pouring a lot of energy into making the healthcare centers more efficient. Modernization also often involves upgrading medical equipment and consumables, which further accentuates demand for the former. There is a high demand for medical consumables, from regular items, such as gloves and syringes, to more sophisticated products such as catheters and surgical instruments to ensure better health facilities. In 2023, the United States imported syringes totaling 3.20 billion items. The major sources included Mexico, with 1.35 million items Asia at 22.48 million items, China at 1.9 billion items and Italy at 14 billion items. With hospitals and clinics increasing their capacity, the demand for reliable, quality consumables is becoming even more critical thereby boosting market growth. The WHO estimates that around 16 billion syringes are used annually for vaccinations, highlighting their importance in healthcare, while the AHA reports over 6,120 hospitals in the U.S. are expanding and modernizing to enhance patient care
Growing Focus on Preventive Healthcare Fuels Demand for Medical Consumables and Innovations in Self-Care
With the focus of healthcare globally moving more towards prevention rather than treatment, this is leading to an increase in supply and demand for products that offer early diagnosis or management of health issues. It encompasses consumables such as diagnostic kits, testing strips, and monitoring devices that are crucial to patient proactive care. Over 34 million Americans have diabetes, resulting in an annual demand for approximately 3 billion testing strips.
Additionally, a National Health Council survey revealed that 88% of adults are focused on improving their health through preventive measures, boosting the use of diagnostic kits and health monitoring devices. Furthermore, another driver of the trend is gaining attention among consumers about health and wellness where they are more rapidly using medical consumables in home care settings. With the rising number of people being proactive with their health management, more consumables that promote self-monitoring and preventive care enter the market, leading to innovation and growth in this area.
RESTRAIN:
Regulatory Challenges and Competition Restrain Growth of Medical Consumables Market Amid Innovation Pressure
In the US and Europe, healthcare products are regulated by authorities like the FDA in the US and EMA in Europe. Complying with these regulatory requirements can be complicated, taking time and hampering innovations in new products. New surgical gloves, for example, may take longer to hit the market because they require extensive quality and safety tests making them costlier for manufacturers. Competition from generics and similar products is yet another challenge. Over time, as lower-cost alternatives come to market from emerging companies in the field, larger brands may find it difficult to retain their share of attention. As an illustration, the availability of syringe and IV kit generic forms can initially motivate original manufacturers to lower prices or to improve their product line, thereby creating a more complex business environment for them as well as decreased profitability. This provides companies with the continual challenge of innovating and making their products unique in a saturated market.
KEY MARKET SEGMENTS
BY PRODUCT
Non-woven product segment held a major share of the medical consumables market retaining over 20% revenue share in 2023, due to various factors contributing to economic growth, increasing demand for medical safety and hygienic non-woven products. In the medical realm, non-woven solutions can be found in several products, including surgical drapes and gowns, masks, and dressings that are lightweight, breathable, and highly absorbent towards human blood. Non-woven ones have become the most preferred choice of sanitary products for healthcare providers due to their efficiency in infection prevention and control, especially in surgical disciplines and outpatient care. Moreover, since the benefits of disposability reduce the chances of cross-contamination, they also act as a catalyst in their growth in hospitals and clinics.
The IV solutions segment is anticipated to be the fastest-growing category, projected to achieve a significant CAGR from 2024 to 2032, due to the rising incidence of chronic diseases being treated intravenously like diabetes, cancer, and cardiac diseases. Additionally, there is an increase in surgical procedures among patients who need fluids or medications via IV routes. Additionally, the development of IV solutions such as smart infusion systems and pre-mixed solutions help mitigate medication errors making them an attractive option for healthcare providers by improving patient safety and treatment efficiency. These factors contribute to IV solutions being one of the fastest-growing segments among medical consumables
BY END USE
The hospitals segment dominated the market with 54% of the market share in 2023. This dominance is mainly attributable to the consumption rate of items consumed in hospitals, given the diversity of medical procedures conducted each day. The hospitals need consumables constantly, syringes gloves, and IV kits are made used for patient treatment, surgical treatment as well as emergencies. With substantial investments in hospital infrastructure and a higher generation of patients, the demand for these products keeps rising.
The Home Healthcare segment is expected to grow at the fastest CAGR from 2024-2032. The market is primarily driven by the rising trend towards a shift of patient care from hospital to home environment. This shift is being propelled by a variety of factors, including an aging population, the rising burden of chronic diseases and conditions, and an increasing focus on personalized care. Further, the growth of medical technology with the rapid development of portable, user-friendly consumables has made it easier for patients to make contact with their health in home settings. Thus, the increasing use of monitoring devices, wound-care products, and medication delivery systems for home-based healthcare services, are likely to cater to high demand in upcoming years and make this segment the most lucrative in terms of growth rates among other segments.
REGIONAL ANALYSIS
North America dominated the market with a 28% share in 2023. The dominance of this region is due to advanced infrastructure for healthcare, high expenditure on healthcare, and well-established markets like hospitals and clinics in North America. The U.S. spends more on health care per capita than any other nation in the world, stimulating demand for a variety of medical devices and disposables. Moreover, major manufacturing companies and many innovative small medical device startups are present in North America and they launch new medical devices every year to sustain the market growth. This translates to a stronghold in the market and leading companies such as Medtronic, Baxter International, etc., are capitalizing on this by launching advanced consumables as well with a diverse product portfolio.
The Asia Pacific will show the fastest CAGR between 2024 and 2032 due to the boom in demand for medical consumables is due to rapid urbanization, a burgeoning middle class, and improved access to healthcare in China and India. Take, for instance, the Chinese emphasis on refining its healthcare infrastructure in light of COVID-19, it has invested billions in terms of dollars into health infrastructure and now requires more consumables such as personal protective equipment (PPE) and diagnostic kits. In addition, the expanding population of India and the presence of chronic ailments are creating a healthy appetite for home healthcare technologies as well as medical consumables. These trends will see the medical consumables market grow immensely over the next few years, with the Asia Pacific region being a vital one.
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Key players
Some of the major players in the Medical Consumables Market are:
Medtronic (Syringes, IV Sets)
Baxter International (IV Solutions, Hemodialysis Products)
Johnson & Johnson (Surgical Sutures, Wound Care Products)
Cardinal Health (Medical Gloves, Surgical Instruments)
3M (N95 Respirators, Medical Tapes)
Smith & Nephew (Wound Dressings, Surgical Devices)
Boston Scientific (Catheters, Guidewires)
Fresenius Kabi (IV Solutions, Infusion Pumps)
Halyard Health (Surgical Drapes, Masks)
Owens & Minor (Surgical Packs, PPE)
Terumo Corporation (Blood Collection Tubes, Syringes)
Medline Industries (Non-woven Disposable Products, Procedure Trays)
Ecolab (Infection Prevention Products, Surface Disinfectants)
ConvaTec (Wound Care Products, Ostomy Products)
Coloplast (Catheters, Wound Care Products)
Hologic (Diagnostic Kits, Breast Imaging Solutions)
Zimmer Biomet (Surgical Blades, Orthopedic Devices)
Draeger (Anesthesia Products, Patient Monitoring Systems)
Stryker (Surgical Instruments, Hospital Beds)
Acelity (Wound Care Products, Surgical Dressings)
Some of the Raw Material Suppliers for Medical Consumables Companies:
BASF
DuPont
Eastman Chemical Company
SABIC
Mitsubishi Chemical
Covestro
3M
Royal DSM
Celanese Corporation
Lonza Group
RECENT TRENDS
In July 2024, The Federal Executive Council approved the purchase of 7,887 dialysis consumables to improve healthcare access for Nigerians with kidney diseases, addressing the rise of non-communicable diseases like hypertension and diabetes.
In August 2024, The Plateau State government received USD 400,000 worth of medical equipment from foreign partners to enhance healthcare delivery. The donation was made by Widows and Orphans International USA, supported by the US-Nigeria Law Group and the Solomon and Mary Lar Foundation.
In May 2024, India reversed a longstanding trend and became a net exporter of medical consumables and disposables for the first time. Previously, the market for items such as needles and catheters was dominated by foreign products.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 430.4 Billion |
| Market Size by 2032 | USD 1194.5 Billion |
| CAGR | CAGR of 12.05% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Medical Gloves, IV Kits, Medical Gauze & Tapes, Disposable Syringes, Sharps Disposable Containers, Catheters, Non-woven Disposable Products, Surgical Blades, Medicine Cups, Cannula, Guidewires, Thermometer, Stethoscope, Glucometer Strips, IV Solutions, BP Monitors, Procedure Trays, Others) • By End Use (Hospitals, Home Healthcare, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Medtronic, Baxter International, Johnson & Johnson, Cardinal Health, 3M, Smith & Nephew, Boston Scientific, Fresenius Kabi, Halyard Health, Owens & Minor, Terumo Corporation, Medline Industries, Ecolab, ConvaTec, Coloplast, Hologic, Zimmer Biomet, Draeger, Stryker, Acelity |
| Key Drivers | • Rapidly Evolving Healthcare Infrastructure Drives High Demand for Medical Consumables and Market Growth • Growing Focus on Preventive Healthcare Fuels Demand for Medical Consumables and Innovations in Self-Care |
| Restraints | • Regulatory Challenges and Competition Restrain Growth of Medical Consumables Market Amid Innovation Pressure |
Ans: The Medical Consumables Market is expected to grow at a CAGR of 12.05% during 2024-2032.
Ans: Medical Consumables Market size was USD 430.42 billion in 2023 and is expected to Reach USD 1194.52 billion by 2032.
Ans: The major growth factor of the Medical Consumables Market is the increasing demand for healthcare services driven by an aging population and the rising prevalence of chronic diseases.
Ans: The Non-woven Disposable Products segment dominated the Medical Consumables Market in 2023.
Ans: North America dominated the Medical Consumables Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Medical Consumables R&D Investment Levels, by Region, (2020-2023)
5.2 Medical Consumables Technology Advancements, by Region, (2020- 2023)
5.3 Medical Consumables Consumer Adoption Rates, by Region
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Medical Consumables Market Segmentation, By Product
7.1 Chapter Overview
7.2 Medical Gloves
7.2.1 Medical Gloves Market Trends Analysis (2020-2032)
7.2.2 Medical Gloves Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 IV Kits
7.3.1 IV Kits Market Trends Analysis (2020-2032)
7.3.2 IV Kits Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Medical Gauze & Tapes
7.4.1 Medical Gauze & Tapes Market Trends Analysis (2020-2032)
7.4.2 Medical Gauze & Tapes Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Disposable Syringes
7.5.1 Disposable Syringes Market Trends Analysis (2020-2032)
7.5.2 Disposable Syringes Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Sharps Disposable Containers
7.6.1 Sharps Disposable Containers Market Trends Analysis (2020-2032)
7.6.2 Sharps Disposable Containers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Catheters
7.7.1 Catheters Market Trends Analysis (2020-2032)
7.7.2 Catheters Market Size Estimates and Forecasts to 2032 (USD Billion)
7.8 Non-woven Disposable Products
7.8.1 Non-woven Disposable Products Market Trends Analysis (2020-2032)
7.8.2 Non-woven Disposable Products Market Size Estimates and Forecasts to 2032 (USD Billion)
7.9 Surgical Blades
7.9.1 Surgical Blades Market Trends Analysis (2020-2032)
7.9.2 Surgical Blades Market Size Estimates and Forecasts to 2032 (USD Billion)
7.10 Medicine Cups
7.10.1 Medicine Cups Market Trends Analysis (2020-2032)
7.10.2 Medicine Cups Market Size Estimates and Forecasts to 2032 (USD Billion)
7.11 Cannula
7.11.1 Cannula Market Trends Analysis (2020-2032)
7.11.2 Cannula Market Size Estimates and Forecasts to 2032 (USD Billion)
7.13 Guidewires
7.12.1 Guidewires Market Trends Analysis (2020-2032)
7.12.2 Guidewires Market Size Estimates and Forecasts to 2032 (USD Billion)
7.13 Thermometer
7.13.1 Thermometer Market Trends Analysis (2020-2032)
7.13.2 Thermometer Market Size Estimates and Forecasts to 2032 (USD Billion)
7.14 Stethoscope
7.14.1 Stethoscope Market Trends Analysis (2020-2032)
7.14.2 Stethoscope Market Size Estimates and Forecasts to 2032 (USD Billion)
7.15 Glucometer Strips
7.15.1 Glucometer Strips Market Trends Analysis (2020-2032)
7.15.2 Glucometer Strips Market Size Estimates and Forecasts to 2032 (USD Billion)
7.16 IV Solutions
7.16.1 IV Solutions Market Trends Analysis (2020-2032)
7.16.2 IV Solutions Market Size Estimates and Forecasts to 2032 (USD Billion)
7.17 BP Monitors
7.17.1 BP Monitors Market Trends Analysis (2020-2032)
7.17.2 BP Monitors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.18 Procedure Trays
7.18.1 Procedure Trays Market Trends Analysis (2020-2032)
7.18.2 Procedure Trays Market Size Estimates and Forecasts to 2032 (USD Billion)
7.19 Others
7.19.1 Others Market Trends Analysis (2020-2032)
7.19.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Medical Consumables Market Segmentation, by End Use
8.1 Chapter Overview
8.2 Hospitals
8.2.1 Hospitals Market Trends Analysis (2020-2032)
8.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Home Healthcare
8.3.1 Home Healthcare Market Trends Analysis (2020-2032)
8.3.2 Home Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Others
8.4.1 Other Market Trends Analysis (2020-2032)
8.4.2 Other Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.4 North America Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.5.2 USA Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.6.2 Canada Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Mexico Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.5.2 Poland Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.6.2 Romania Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.4 Western Europe Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.5.2 Germany Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.6.2 France Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.7.2 UK Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.8.2 Italy Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.9.2 Spain Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.12.2 Austria Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.4 Asia Pacific Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 China Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 India Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 Japan Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.6.2 South Korea Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Vietnam Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.8.2 Singapore Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.9.2 Australia Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.4 Middle East Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.5.2 UAE Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.4 Africa Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Medical Consumables Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.4 Latin America Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.5.2 Brazil Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.6.2 Argentina Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.7.2 Colombia Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Medical Consumables Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Medical Consumables Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10. Company Profiles
10.1 Medtronic
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Baxter International
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Johnson & Johnson
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Cardinal Health
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 3M
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Smith & Nephew
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Boston Scientific
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Fresenius Kabi
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Halyard Health
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Owens & Minor
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Medical Gloves
IV Kits
Medical Gauze & Tapes
Disposable Syringes
Sharps Disposable Containers
Catheters
Non-woven Disposable Products
Surgical Blades
Medicine Cups
Cannula
Guidewires
Thermometer
Stethoscope
Glucometer Strips
IV Solutions
BP Monitors
Procedure Trays
Others
By End Use
Hospitals
Home Healthcare
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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