COVID-19 Impact on Medical Supplies Market By Type (Diagnostic Supplies, Disinfectants, Intubation & Ventilation Supplies, Personal Protection Equipment, Sterilization Supplies, Infusion & Injectable Supplies, Dialysis Consumables, Wound Care Supplies, Radiology Supplies, and Other Medical Supplies), By End-user (Hospitals & Clinics, Ambulatory Care, and Home Setting), and By Region - Market Trends, Analysis, and Forecast till 2030

COVID-19 Impact on Medical Supplies Market is estimated to be USD 259.03 Billion by 2030 with a CAGR of 14.25% during the forecast period

Medical supplies are the accessories required for the treatment of an injury or illness. These are primarily used to serve medical purposes and are non-durable disposable healthcare materials. These supplies mainly include syringes, needles, medicine cups, etc. The growing awareness about personal hygiene and environmental leads to the growth in demand for disinfectants and the increased prevalence of the number of diseases rises the demand for the diagnostic supplies.

The rise in demand drives the market for medical supplies

Owing to the spread of the COVID-19 pandemic, there has been a surge in the demand for N95 masks, PPE kits, and ventilators across the globe. This surge in demand positively influences the global medical supplies market. The widespread of the disease has created a severe shortage of medical resources in the front line. This shortage of medical supplies worldwide has pushed numerous non-pharmaceutical companies to produce various medical products. For Instance, in April 2020 SanTan Brewing based in Arizona, US repurposed its beer production line to produce hand sanitizers. The company manufactured 400 gallons of medical-grade hand sanitizers in the same month. Whereas in March 2020, Pernod Ricard’s Facility in the US which eventually manufactures Malibu Coconut Rum and Seagram’s Rin started producing 1000 gallons of hand Sanitizer.

An increasing number of COVID-19 patients

Growing number of COVID-19 patients demand an extreme number of medical supplies for proper treatment. Thus, rising positive cases of COVID-19 fuels the target market growth. According to World of meters, as of 17th June 2020, the number of coronavirus cases has increased to 8,264,468 while the death toll from this virus has risen to 446,135.

Conversely, delay in surgical procedures and non-urgent treatment coupled with the impact on supply chain and logistics due to lockdown restrains the growth of the market during the forecast period of 2020-2026.

Veterinary Imaging Market, is segmented based on Product, Animal, Application, End User and Region. On the basis of Product, the Global Veterinary Imaging Market is segmented into Instrument, Reagents and Services. Further, On the basis of animal, the Global Veterinary Imaging market is segmented into Large Animals, Small Companion Animals, Others (Exotic Animals & Birds). On the basis of application, the Global Veterinary Imaging Market is segmented into Oncology, Orthopaedics and Traumatology, Neurology, Cardiology, Other (ophthalmology & dentistry). On the basis of end user, the Global Veterinary Imaging Market is segmented into Clinics & Hospitals, Reference Labs and Other, Global Veterinary imaging market is segmented in to instrument  reagents in which segment continues to account for highest revenue share in the global veterinary imaging market in other product segments, which is expected to continue during the forecast period. The reason for this could be the increasing demand for these devices. Demand for these instruments has been rising due to their low cost of operations and rise sensitivity.

 Regional Insights:

On region the Global Veterinary Imaging Market, is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-pacific market is estimated to witness a significant revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements.

Moreover, increase in the number of food bone diseases affecting animals and an increase in government regulations to maintain animal health in Latin America Market is expected to foster the target market. Further, increasing awareness about animal health in Latin America, and rising in pet adoption, and per capita animal health expenditure, especially in Brazil and Mexico, are contributing to the increase of the regional market.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the Global COVID-19 impact on medical supplies market report based on type, end-user, and region.

 Global COVID-19 Impact on Medical Supplies Market, By Type:

• Diagnostic Supplies
• Disinfectants
• Intubation & Ventilation Supplies
• Personal Protection Equipment
• Sterilization Supplies
• Infusion & Injectable Supplies
• Dialysis Consumables
• Wound Care Supplies
• Radiology Supplies
• Other Medical Supplies

Global COVID-19 Impact on Medical Supplies Market, By End-user:

• Hospitals & Clinics
• Ambulatory Care
• Home Setting

Global COVID-19 Impact on Medical Supplies Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global COVID-19 impact on the medical supplies market include Medtronic plc, Johnson & Johnson, Cardinal Health, Inc., B. Braun Melsungen AG, Fresenius Medical Care AG & Co. KGaA, Becton, Dickson and Company, Baxter International, Inc., STERIS Corporation, Getinge Group, and Advanced Sterilization Products. These companies have increased their overall production of critical care equipment due to the sudden COVID-19 outbreak in order to fulfill the increased demand for these medical supplies globally.

• Medtronic plc
• Johnson & Johnson
• Cardinal Health, Inc.
• B. Braun Melsungen AG
• Fresenius Medical Care AG & Co. KGaA
• Becton, Dickson and Company
• Baxter International, Inc.
• STERIS Corporation
• Getinge Group
• Advanced Sterilization Products