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Report ID: SQMIG35D2081
Report ID:
SQMIG35D2081 |
Region:
Global |
Published Date: September, 2024
Pages:
219
|
Tables:
68 |
Figures:
75
North America emerged as the dominant player in the global medical supplies market in terms of revenue. This can be attributed to several factors including the increasing prevalence of chronic diseases, a growing geriatric population, substantial healthcare expenditure, well-developed healthcare infrastructure, and a high demand for surgical procedures within the population. Furthermore, the widespread adoption of health and medical insurance in the region encourages individuals to seek hospital facilities for their healthcare needs. These factors are expected to contribute positively to the growth of the medical supplies market in North America.
Asia Pacific is projected to offer significant opportunities for market growth during the forecast period. This can be attributed to increased investments by governments and the corporate sector in the development of healthcare infrastructure. The region's large population, rising awareness of non-invasive surgeries, growing healthcare expenditure, and increasing awareness of hospital-acquired infections are key factors contributing to the growth of the medical supplies market.
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Report ID: SQMIG35D2081