Medical Supplies are an essential part of the health, medical and life sciences infrastructure. Medical Supplies includes a plethora of products ranging from infusion products, blood collection tubes, wound care products, consumables, drapes, urology products, blood glucose test strips, and many others. These products are used by end user clinicians (hospitals, clinics, nursing homes and others), providers and a patient’s own use.
Medical Supplies Sales industry has rapidly expanded over the five years to 2021. The growth of e-commerce and the increasing shift from brick-and-mortar shopping to online has helped industry revenue surge. In 2021 alone, revenue rose 12.8% to $17.2 billion. Over the five years to 2021, demand for industry services grew as hospitals and other healthcare providers restocked supplies and tended to an increasing number of patients who were able to afford healthcare services. The aging US population has also boosted demand for healthcare and medical supplies. It is estimated that industry revenue will increase at an annualized rate exceeding 20% per year. When navigating the complex world of drug discovery, finding the right partner is essential for success. Utilising cutting-edge drug discovery services to accelerate research timelines allows companies to remain competitive in an ever-evolving market. Such partnerships can bridge the gap between initial discovery and clinical application with greater efficiency.
M&A Transaction Activity
Below are M&A transaction activities which has been compiled from our work with businesses within this sector and our independent research in publicly available information. For additional information, please contact us here.
