Medical equipment devices are designed to aid diagnosis, monitoring or treatment of medical conditions. The medical equipment market comprises surgical and medical instruments, surgical appliances and supplies, ophthalmic goods, dental laboratories, and in vitro reagents.
Asia Pacific was the largest region in the medical equipment market in 2017, accounting for around 33% market share. North America was the second largest region accounting for around 29% market share. Africa was the smallest region accounting for around 4% market share.
Use of medical devices for the home based diagnosis and treatment of medical conditions is increasing. Technological developments in devices such as glucose monitors, insulin delivery devices, nebulizers and oxygen concentrators have enabled diagnosis and monitoring of many diseases at home. Remote control technology is also allowing healthcare professionals to support home based treatments which is leading to preference for home and self-care treatment.
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The global medical engineered materials market size is projected to reach USD 29.1 billion by 2025 from USD 15.8 billion in 2020, at a CAGR of 13.0%. This growth is attributed to the increasing healthcare expenses in emerging economies, and rising geriatric population increasing need of advanced medical technologies and devices. Also, innovations...
Doctor’s orders: Greater public heath funding has supported strong demand for the industry Abstract Online Medical Supplies Sales in Australia Industry retailers sell medical supplies online. These supplies include equipment and tools used in health care for diagnosis, therapy or surgery. Industry operators...
The ostomy care market projected to grow at a CAGR of 4.4% over the forecast period of 2020-2025. The ostomy care market is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.4% during the forecast period. Globally, the population of individuals aged 60 years and above is expected to increase from 962...
72 pages •
By Euromonitor International
• Mar 2020
Extensive middle class and high average disposable income make the region attractive for discretionary products’ and services’ providers. Moreover, low income inequality increases the success for gender related production, meanwhile, major buying household type – couples with children – ensures high demand for family related goods and services....
This study covers the world outlook for ostomy care accessories across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These...
This study covers the world outlook for medical disposables across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative...
Weak pulse: Falling medical supply prices and increased competition have stifled revenue growth Abstract Medical Supplies Wholesaling in Minnesota The Medical Supplies Wholesaling industry in Minnesota comprises establishments primarily engaged in the merchant wholesale distribution of professional...
This study covers the world outlook for portable battery powered products across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These...
This study covers the world outlook for deep brain stimulation (DBS) devices across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These...
This study covers the world outlook for catheters across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks...
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