Lucintel's latest market report analyzed that medical supplies provides attractive opportunities in product type, application, end use, and region. The medical supplies market is expected to reach $172.2 billion by 2028 with a CAGR of 3.5%. In this market, catheters is the largest segment by product type, whereas other applications is largest by application.

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Based on product type, the medical supplies market is segmented into diagnostic supplies, infusion & injectable supplies, intubation & ventilation supplies, disinfectants, personal protective equipment, sterilization consumables, wound care consumables, dialysis consumables, radiology consumables, catheters, sleep apnea consumables, and others. The catheters segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing cases of cardiovascular diseases and increasing number of catheter related surgeries across the globe.

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The Medical supplies Market is marked by the presence of several big and small players. Some of the prominent players offering medical supplies include Medtronic plc, Cardinal Health, Becton, B. Braun Melsungen AG, and Boston Scientific Corporation.

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