Medical Supply

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.

Merger and Acquisition Transactions

Norco Expands Into Freedom Medical Supply

Norco has acquired Freedom Medical Supply in Yakima, Wash., a strategic addition to its existing business in central Washington. Norco will assume ownership of Freedom Medical Supply on Oct. 1.…
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HealthSplash has acquired DMERX/PMDRX

HealthSplash, a platform for clinicians, patients and suppliers, has acquired DMERX/PMDRX, a DME documentation compliance solution for prescribing practitioners, therapists and suppliers. The acquisition will allow HealthSplash to help more…
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Numotion Acquires Division Of CVC Home Medical

Numotion has acquired the rehab division of CVC Home Medical in Wilmington, N.C., it announced today. The move allows Numotion to expand its reach in the eastern part of the…
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Preferred Medical

Preferred Medical (Conway, AR) acquired Pruett Medical (Waco, TX), a privately held, family-owned medical-supply distributor, focused on Texas’ skilled-nursing facility market. The partnership will expand the company’s services to all…
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National HME, Inc.

National HME, Inc. announced that it has merged with Therapy Support, Inc. Therapy Support is a multi-state, full service provider of durable medical equipment for the hospice and long-term care…
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Community HME LLC

Community HME LLC, a durable medical equipment business with locations in Baraboo and Richland Center, Wisconsin, has been acquired by Midwest Respiratory & Rehab, headquartered in Omaha, Nebraska. Midwest Respiratory…
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