Market Overview:
The global medical consumables market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and growing geriatric population. In addition, technological advancements in medical consumables are also contributing to the growth of this market. On the basis of type, blood bags accounted for the largest share of the global medical consumables market in 2017. This segment is expected to grow at a CAGR of 5.9% during the forecast period from 2018 to 2030 due to increasing demand for blood transfusions across hospitals and clinics worldwide.
Product Definition:
Medical consumables are products that are used in the medical field and typically expire after a single use. They can include things like gloves, syringes, and bandages. Medical consumables are important because they help to keep patients safe and healthy by preventing the spread of infection and protecting them from potential harm.
Blood Bags:
Blood bags are used to collect blood from the patient for laboratory analysis or transfusion. The global medical consumables market is expected to grow at a CAGR of XX% during the forecast period. This growth can be attributed to factors such as increasing prevalence of chronic diseases, rising geriatric population and growing demand for home healthcare services.
The introduction of technologically advanced products such as pre-filled syringes.
IV Solutions:
IV solutions are used in the medical consumables industry to provide accurate and effective drug delivery. IV solutions are also used in the healthcare industry for various other purposes such as blood transfusion, dialysis, intravenous administration of drugs and fluids among others. IV solutions play an important role in providing accurate dosing which is crucial for patient care.
Application Insights:
Based on the application, the global medical consumables market is segmented into hospitals and clinics. The hospitals segment dominated the overall market in terms of revenue in 2017. Increasing hospital admissions due to rise in chronic diseases such as heart diseases, cancer, respiratory problems and diabetes are factors contributing to growth of this segment. Moreover, a rise in number of surgeries also boosts product demand globally.
The clinics application segment is expected to grow at a significant rate over the forecast period owing to increasing awareness about availability of low-cost diagnostic solutions that help patients get better information regarding their health conditions quickly resulting in growing demand for these products from small or medium-sized clinics or primary care facilities worldwide.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced medical products and increasing demand for cost-effective & quality medical services are some major factors driving the regional market. Moreover, favorable reimbursement policies offered by governments and increased focus on patient safety & care are expected to drive the North American regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments in healthcare infrastructure development coupled with growing awareness regarding blood donations among people in this region. In addition, increasing prevalence of chronic diseases such as diabetes is also expected to boost product demand during the forecast period. Furthermore, economic developments witnessed by countries such as India and China have improved access to health care facilities across this region which has led to an increase in hospital admissions resulting into a rise in IV solutions consumption over last few years (Kumar et al., 2016).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. The rise in chronic diseases has led to a corresponding increase in the demand for medical consumables, such as syringes, needles, and bandages.
- Technological advancements: Medical consumables are witnessing rapid technological advancements, thanks to the ever-growing research and development efforts undertaken by manufacturers worldwide. This is resulting in newer and better products being launched in the market on a regular basis. This is helping to drive growth in the medical consumables market.
- Rising healthcare expenditure: Governments around the world are investing heavily in healthcare infrastructure development projects with a view to providing better healthcare facilities to their citizens at affordable prices. In addition, private players are also investing significantly in this sector, thereby driving up overall healthcare expenditure levels globally. All this is leading to an increase in demand for medical consumables products as well).
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Consumables Market Research Report
By Type
Blood Bags, IV Solutions, Syringes, IV Catheters, Urine Catheters, Urine Bags, Wound Care
By Application
Hospitals, Clinics
By Companies
TERUMO, BD, Jafron Biomedical, Weigao, Fresenius, Grifols, Haemonetics, Baxter (Gambro), Biosun Medical, Toray Medical, COVIDIEN(Medtronic), B.Braun Melsungen AG,OPM, Smiths Medical ASD, Nipro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Medical Consumables Market Report Segments:
The global Medical Consumables market is segmented on the basis of:
Types
Blood Bags, IV Solutions, Syringes, IV Catheters, Urine Catheters, Urine Bags, Wound Care
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TERUMO
- BD
- Jafron Biomedical
- Weigao
- Fresenius
- Grifols
- Haemonetics
- Baxter (Gambro)
- Biosun Medical
- Toray Medical
- COVIDIEN(Medtronic)
- B.Braun Melsungen AG,OPM
- Smiths Medical ASD
- Nipro
Highlights of The Medical Consumables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blood Bags
- IV Solutions
- Syringes
- IV Catheters
- Urine Catheters
- Urine Bags
- Wound Care
- By Application:
- Hospitals
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Consumables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical consumables are items that are used in the medical field to help patients. These items can include things like bandages, gauze, and medications.
Some of the major players in the medical consumables market are TERUMO, BD, Jafron Biomedical, Weigao, Fresenius, Grifols, Haemonetics, Baxter (Gambro), Biosun Medical, Toray Medical, COVIDIEN(Medtronic), B.Braun Melsungen AG,OPM, Smiths Medical ASD, Nipro.
The medical consumables market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Consumables Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Consumables Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Consumables Market - Supply Chain
4.5. Global Medical Consumables Market Forecast
4.5.1. Medical Consumables Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Consumables Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Consumables Market Absolute $ Opportunity
5. Global Medical Consumables Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Consumables Market Size and Volume Forecast by Type
5.3.1. Blood Bags
5.3.2. IV Solutions
5.3.3. Syringes
5.3.4. IV Catheters
5.3.5. Urine Catheters
5.3.6. Urine Bags
5.3.7. Wound Care
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Consumables Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Consumables Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Consumables Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Consumables Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Consumables Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Consumables Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Consumables Demand Share Forecast, 2019-2026
9. North America Medical Consumables Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Consumables Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Consumables Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Consumables Market Size and Volume Forecast by Type
9.7.1. Blood Bags
9.7.2. IV Solutions
9.7.3. Syringes
9.7.4. IV Catheters
9.7.5. Urine Catheters
9.7.6. Urine Bags
9.7.7. Wound Care
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Consumables Demand Share Forecast, 2019-2026
10. Latin America Medical Consumables Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Consumables Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Consumables Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Consumables Market Size and Volume Forecast by Type
10.7.1. Blood Bags
10.7.2. IV Solutions
10.7.3. Syringes
10.7.4. IV Catheters
10.7.5. Urine Catheters
10.7.6. Urine Bags
10.7.7. Wound Care
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Consumables Demand Share Forecast, 2019-2026
11. Europe Medical Consumables Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Consumables Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Consumables Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Consumables Market Size and Volume Forecast by Type
11.7.1. Blood Bags
11.7.2. IV Solutions
11.7.3. Syringes
11.7.4. IV Catheters
11.7.5. Urine Catheters
11.7.6. Urine Bags
11.7.7. Wound Care
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Consumables Demand Share, 2019-2026
12. Asia Pacific Medical Consumables Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Consumables Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Consumables Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Consumables Market Size and Volume Forecast by Type
12.7.1. Blood Bags
12.7.2. IV Solutions
12.7.3. Syringes
12.7.4. IV Catheters
12.7.5. Urine Catheters
12.7.6. Urine Bags
12.7.7. Wound Care
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Consumables Demand Share, 2019-2026
13. Middle East & Africa Medical Consumables Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Consumables Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Consumables Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Consumables Market Size and Volume Forecast by Type
13.7.1. Blood Bags
13.7.2. IV Solutions
13.7.3. Syringes
13.7.4. IV Catheters
13.7.5. Urine Catheters
13.7.6. Urine Bags
13.7.7. Wound Care
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Consumables Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Consumables Market: Market Share Analysis
14.2. Medical Consumables Distributors and Customers
14.3. Medical Consumables Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TERUMO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jafron Biomedical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Weigao
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fresenius
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Grifols
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haemonetics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Baxter (Gambro)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Biosun Medical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toray Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COVIDIEN(Medtronic)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. B.Braun Melsungen AG,OPM
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Smiths Medical ASD
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nipro
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
