Medical Supplies Market Size by Type, Share, Application and Forecast Till 2027
Medical Supplies Market 2021 Medical supplies cover a wide range of items, from a basic first-aid pack to advanced medical equipment. Some medical supplies are utilized in medicine administration operations, such as hypodermic devices and inhalation supplies, while sterilization and infection prevention supplies are used to keep healthcare facilities clean. Disposable or one-time-use medical supplies are available. The global Medical Supplies Market Size is expected to expand at a CAGR of 4.6%, from USD 132.6 billion in 2020 to USD 133.5 billion in 2025. The expanding prevalence of chronic diseases around the world, rising government and corporate investments in healthcare initiatives and infrastructure development, rising demand for infection control methods to prevent HAIs, and rising demand for medical equipment are all driving this industry forward. Furthermore, the growing elderly population and the rising number of patients with conditions including cardiovascular, renal, diab