COVID-19 impact on Medical Supplies Market | Leading Companie are Medtronic plc, Cardinal Health Inc, Becton Dickson and Company, Johnson & Johnson, and B. Braun Melsungen AG
The COVID-19 impact on the global medical supplies market is expected to reach USD ~100 billion by 2021 from an estimated value of USD ~78 billion in 2019, growing at a CAGR of ~13.4% during the forecast period.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158189339&utm_source=OpenPr&utm_medium=referral&utm_campaign=paidpr
The disinfectant segment is projected to grow at the highest CAGR during the forecast period
Based on products, the market is segmented into intubation and ventilation supplies, disinfectant, personal protective equipment, diagnostic supplies, sterilization supplies, infusion and injectable supplies, dialysis supplies, wound care supplies, radiology supplies, and other medical supplies. The disinfectant segment is expected to grow at the highest rate during the forecast period. This can be attributed to the increasing demand for sanitizers and other disinfectants to safeguard people from the cross-contamination of coronavirus.
In 2019, the hospital segment will drive the growth of the medical supplies market
Based on end-users, the medical supplies industry has been segmented into hospitals, clinics, and other end users. The hospital segment accounted for the largest share of the market in 2019 and expected to grow at the highest growth rate during the forecast period. The highest growth of this segment is attributed to the increasing demands for hospital beds and intensive care units, increasing demand for specialized staff in hospitals, increased consumption of personal protective equipment.
North America accounted for the largest share of the medical supplies market in 2019
The medical supplies industry is segmented into four major regions, namely, North America, Europe, the Asia Pacific (APAC), and Rest of the World. In 2019, North America accounted for the largest share of the medical supplies market. The large share of this region can primarily be attributed to the high adoption of intubation and ventilation supplies, a high number of positive COVID-19 cases and deaths in the US, a strong healthcare system, and the presence of many large hospitals in the region. Moreover, a large number of major global players are based in the US, owing to which the US can easily manufacture these devices.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=158189339&utm_source=OpenPr&utm_medium=referral&utm_campaign=paidpr
Key Market Players
The key players in the global medical supplies market are Medtronic plc (Ireland), Cardinal Health, Inc. (US), Becton, Dickson and Company (US), Johnson & Johnson (US), and B. Braun Melsungen AG (Germany), Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (US), STERIS Corporation (US), Getinge Group (Sweden), Advanced Sterilization Products (US), 3M Company (US), Smith & Nephew (U.K.), M?lnlycke Health Care AB (Sweden), among others.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's(TM) flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release COVID-19 impact on Medical Supplies Market | Leading Companie are Medtronic plc, Cardinal Health Inc, Becton Dickson and Company, Johnson & Johnson, and B. Braun Melsungen AG here
News-ID: 2042492 • Views: 361
More Releases from MarketsandMarkets
Activated Carbon Filters Market worth $330 million by 2025 | Key Players include …
According to recent market research "Activated Carbon Filters Market by Type (Stainless Steel Shell, Carbon Steel Shell, Others), Application (Industrial Water Pollution Treatment, Drinking Water Purification, Food & Beverage, Pharmaceutical, Others), and Region – Global Forecast To 2025", The activated carbon filters market size is projected to grow from an estimated value of USD 267.3 million in 2020 to USD 330 million by 2025, at a CAGR of 4.4% during
Patient Registry Software Market worth USD 2.4 billion by 2025 | Leading Compani …
According to the new market research report "Patient Registry Software Market by Registry Type (Diabetes, Rare Disease, Cancer, Kidney), Software (Integrated, Standalone), Delivery (On Premise, Cloud), Functionality (PHM, HIE), Pricing Model, Database (Public), End User (Hospital) - Forecast to 2025", published by MarketsandMarkets?, analyzes and studies the major market drivers, restraints/challenges, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the world (RoW). The global Patient Registry Software Market
In Vitro Toxicology Testing Market worth USD 14.9 billion by 2025 | Leading Comp …
According to the new market research report "In Vitro Toxicity Testing Market by Product (Assay (Western Blot, Tissue Culture),Equipment, Assay Reagent, Software), Toxicity Endpoints (ADME, Skin Irritation, Corrosion),Industry (Pharmaceutical, Cosmetics)-COVID-19 Impact - Global Forecast to 2025", published by MarketsandMarkets?, analyzes and studies the major market drivers, restraints/challenges, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the world (RoW). The In Vitro Toxicology Testing Market is expected to reach
Simulators Market worth $27.9 billion by 2025
According to the research report the "Simulators Market by Type (ATC, FMS, Driving, Vessel Traffic Control), Solution, Platform (Airborne, Land, Maritime), Technique (Live, Virtual & Constructive, Synthetic Environment, Gaming), Application, Region - Global Forecast to 2025", The simulators market is estimated to be USD 21.5 billion in 2019 and is projected to reach USD 27.9 billion by 2025, at a CAGR of 4.4% from 2019 to 2025. The growing demand for
More Releases for COVID
Network Marketing and Covid 19 Pandemic.
International: MLM Business is becoming a new trend in the global base during the pandemic situation. People are well aware of the benefits of buying things from Network marketing companies and their profit-sharing criteria. More and more entrepreneurs are shifting all their business steps in Network marketing platforms. Also, they are predicting a good future in this field. People are expecting more beneficiary facts from various new and old mlm business! COVID
Impact of COVID-19 on Infliximab Market
Biosimilars are biological products that are similar to FDA-approved drug known as branded drug. Biosimilars are drugs licensed by the European Medicines Agency (EMA) and the U.S. FDA. These do not have significant differences from the reference products in terms of purity, effectiveness, and safety. Biosimilar drugs can only be permitted for conditions and indications that have been formerly accepted for the reference product by government regulatory agencies and organizations,
COVID-19 proof deliveries
DUNA-BIOSHIELD eliminates the risk of contamination without risks for people, residues, odors and without environmental restrictions. It is our hydroalcoholic disinfectant compliant with the directives of the World Health Organization that DUNA has developed, and has been applied since March 2020 to all products departing from its factory in Modena. With the official extension of the state of health emergency on the national territory until October 15th, as well as the
COVID-19 ANALYSIS TELEHEALTH MARKET
Telehealth Market: Overview The telehealth market is riding on the wave of growth. This is because telehealth is no longer an option, but a necessity due to the increasing dangers of COVID-19. The crisis is serving as an opportunity for the telehealth market to grow at a rapid pace. During this uncertain COVID-19 pandemic, telehealth serves as a boon. With a large populace forced to stay at home due to the
Covid 19 Discounts at Imaginology
Imaginology LLC, a Phoenix owned small business, specializing in animation, video and interactive media production, announced that it is offering discounts on their in-studio, live streaming services to businesses affected by Covid-19. Like the businesses they want to help, their business has also been impacted by the pandemic. The staff saw the broad reaching effects of sheltering in place on businesses and families alike and realized the studio is in
PHARMA MANUFACTURING COVID-19 CHALLENGE
New Delhi, 19 June, 2020 - Business Horizons, pharmaceutical publishers, announces the launch of their latest publication titled Pharma Manufacturing Covid-19 Challenge. This is their latest offering in the field of pharmaceutical books, after the highly successful earlier book Pharmaceutical Facility Management. In December 2019, China began noticing a disturbing trend of pneumonia like cases that were fast multiplying in the city of Wuhan, the sprawling capital of central China’s Hubei