Market Overview:
The global medical kits market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in medical devices. In addition, the growing geriatric population and increase in healthcare expenditure are also contributing to the growth of this market. The global medical kits market is segmented on the basis of type, application, and region. On the basis of type, it is divided into procedure-specific kits and general-use kits. General-use kits are further classified into consumables kit and equipment kit segments. The consumables kit segment dominates the global general-use kit market owing to its low cost as compared to equipment kit segment. On the basis of application, it is divided into hospital & clinic and ambulatory surgical centers (ASCs). Hospital & clinic accounted for a larger share than ASCs in 2017 owing to higher number of surgeries performed in hospitals as compared ASCs across regions such as North America and Europe . Geographically, it is analyzed across North America , Latin America , Europe , Asia Pacific ,and Middle East & Africa . Some key players operating in this market include Becton Dickinson (U.S.), Medtronic plc (Ireland), Johnson & Johnson Services Inc.(U.S.), 3M Company(U.S.
Product Definition:
A medical kit is a collection of supplies and equipment that is used to provide first aid or emergency medical treatment. The purpose of a medical kit is to provide the necessary tools to treat common injuries and illnesses.
Procedure-Specific Kits:
Procedure-specific kits (PSK) are specific formulations that can be used for a limited range of medical procedures. They are most often associated with surgical procedures, but can also be used in non-invasive cardiology and endoscopy. The concept of procedure-specific kits is not new; however, the growth factor to propel its usage has been a debatable issue among healthcare professionals and researchers over the years.
General-Use Kits:
General-use kits are the most commonly used medical supplies in any first aid kit. They can be used for treating minor injuries as well as major trauma cases. The demand for these products is very high and they account for a significant share of the total medical supplies market.
These products are available in different forms such as pre-filled syringes, vials, ampoules, pre-moistened wipes.
Application Insights:
Based on the application, the global medical kits market has been segmented into hospital and clinic, ambulatory surgical centers, home healthcare, and others. The hospital and clinic segment dominated the application category in 2017 owing to an increase in patient admissions due to various diseases worldwide. According to WHO¢â‚¬â„¢s estimates for 2016-2017, around 1 of every 3 deaths occur in low-income countries that lack advanced healthcare facilities. As a result, people die without receiving necessary treatment which leads to rise in mortality rate among other reasons leading hospitals & clinics as major users of medical kits globally.
The home healthcare segment is expected register significant growth over the forecast period owing to increasing awareness about preventable diseases among consumers globally coupled with rising disposable income levels resulting in growing demand for high quality affordable drugs across various regions including North America Europe Asia Pacific Latin America Middle East & Africa Oceania New Zealand).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced medical devices and products, and a large number of product launches are some factors driving the regional market. In addition, rising demand for minimally invasive surgeries is anticipated to further fuel growth during the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing investments by governments in developing countries such as India and China for improving healthcare facilities coupled with growing awareness about advanced treatment options among patients seeking medical assistance from friends and relatives or online sources. Moreover, an increase in surgical procedures due to a rise in population will drive this regional market further. For instance, as per data published by Worldometers regarding annual births worldwide; Asia had been recording higher birth rates than other regions since 2011 which resulted into increased need for medical assistance amongst its population resulting into greater demand for kits within this region during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand for medical kits in developing countries due to the rise in incidence of lifestyle diseases and increasing awareness about the benefits of early diagnosis and treatment.
- Growing demand for customized medical kits catering to specific needs of individual patients or customer segments.
- Increasing use of medical kits by hospitals, clinics, and other healthcare institutions for diagnosis, treatment, and research purposes.
- Proliferation of home healthcare services that require use of medical kits for delivery of care at home settings.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Kits Market Research Report
By Type
Procedure-Specific Kits, General-Use Kits
By Application
Hospital & Clinic, Ambulatory Surgical Centers
By Companies
BD, Medline Industries, Boston Scientific, B Braun, Hogy Medical, Rocialle, Medical Action Industries, McKesson, Baxter, Cardinal Health, Kimal, Med-Italia Biomedica, Teleflex Medical, Angiokard Medizintechnik
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Medical Kits Market Report Segments:
The global Medical Kits market is segmented on the basis of:
Types
Procedure-Specific Kits, General-Use Kits
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
Hospital & Clinic, Ambulatory Surgical Centers
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:
- BD
- Medline Industries
- Boston Scientific
- B Braun
- Hogy Medical
- Rocialle
- Medical Action Industries
- McKesson
- Baxter
- Cardinal Health
- Kimal
- Med-Italia Biomedica
- Teleflex Medical
- Angiokard Medizintechnik
Highlights of The Medical Kits 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:
- Procedure-Specific Kits
- General-Use Kits
- By Application:
- Hospital & Clinic
- Ambulatory Surgical Centers
- 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 Kits 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
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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?
A medical kit is a collection of items that are used to treat or prevent illness. It may include medications, bandages, ointments, and other medical supplies.
Some of the major companies in the medical kits market are BD, Medline Industries, Boston Scientific, B Braun, Hogy Medical, Rocialle, Medical Action Industries, McKesson, Baxter, Cardinal Health, Kimal, Med-Italia Biomedica, Teleflex Medical, Angiokard Medizintechnik.
The medical kits market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Kits 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 Kits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Kits Market - Supply Chain
4.5. Global Medical Kits Market Forecast
4.5.1. Medical Kits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Kits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Kits Market Absolute $ Opportunity
5. Global Medical Kits 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 Kits Market Size and Volume Forecast by Type
5.3.1. Procedure-Specific Kits
5.3.2. General-Use Kits
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Kits 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 Kits Market Size and Volume Forecast by Application
6.3.1. Hospital & Clinic
6.3.2. Ambulatory Surgical Centers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Kits 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 Kits 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 Kits 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 Kits 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 Kits Demand Share Forecast, 2019-2026
9. North America Medical Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
9.4.1. Hospital & Clinic
9.4.2. Ambulatory Surgical Centers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Kits Market Size and Volume Forecast by Type
9.7.1. Procedure-Specific Kits
9.7.2. General-Use Kits
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 Kits Demand Share Forecast, 2019-2026
10. Latin America Medical Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
10.4.1. Hospital & Clinic
10.4.2. Ambulatory Surgical Centers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Kits Market Size and Volume Forecast by Type
10.7.1. Procedure-Specific Kits
10.7.2. General-Use Kits
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 Kits Demand Share Forecast, 2019-2026
11. Europe Medical Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
11.4.1. Hospital & Clinic
11.4.2. Ambulatory Surgical Centers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Kits Market Size and Volume Forecast by Type
11.7.1. Procedure-Specific Kits
11.7.2. General-Use Kits
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 Counry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Kits Demand Share, 2019-2026
12. Asia Pacific Medical Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
12.4.1. Hospital & Clinic
12.4.2. Ambulatory Surgical Centers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Kits Market Size and Volume Forecast by Type
12.7.1. Procedure-Specific Kits
12.7.2. General-Use Kits
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 Kits Demand Share, 2019-2026
13. Middle East & Africa Medical Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
13.4.1. Hospital & Clinic
13.4.2. Ambulatory Surgical Centers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Kits Market Size and Volume Forecast by Type
13.7.1. Procedure-Specific Kits
13.7.2. General-Use Kits
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 Kits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Kits Market: Market Share Analysis
14.2. Medical Kits Distributors and Customers
14.3. Medical Kits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BD
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medline Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Boston Scientific
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B Braun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hogy Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rocialle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medical Action Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. McKesson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Baxter
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cardinal Health
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kimal
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Med-Italia Biomedica
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Teleflex Medical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Angiokard Medizintechnik
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
