Medical Supplies Market size, Growth, Forecast 17 July 2019 | Page 2
expected to register the highest growth during the forecast period. The high growth in this
segment is attributed to the increasing number of surgical procedures being performed across
the globe and the rising incidence of respiratory diseases.
Based on end user, the market is segmented into hospitals, clinics, assisted living centers and
nursing homes, ambulatory surgery centers (ASCs), and other end users. The hospitals segment
is expected to register the highest CAGR during the forecast period. The high growth of this
segment is attributed to the increasing investment in healthcare systems, growing prevalence of
HAIs, and high incidence of chronic diseases across the globe.
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On the basis of region, the market is segmented into North America, Europe, Asia, and the Rest
of the World (RoW). Asia is projected to be the fastest-growing region in the forecast period,
owing to factors such as the rising geriatric population, increasing incidence of various diseases,
growing medical tourism industry, and improving healthcare infrastructure.
The key players in the Medical Supplies Market include Medtronic plc (Ireland), B. Braun
Melsungen AG (Germany), Becton, Dickinson and Company (U.S.), Cardinal Health, Inc. (U.S.),
Halyard Health, Inc. (U.S.), Johnson & Johnson (U.S.), Thermo Fisher Scientific Inc. (U.S.), Boston
Scientific Corporation (U.S.), Baxter International Inc. (U.S.) and 3M Company (U.S.).
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