GLOBAL HEALTHCARE CONSUMABLES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Healthcare Consumables Market, By Product Type (Wound care consumables, Blood and dialysis consumables, Drug Delivery Products, Incontinence Products, Disposable Gloves, Others), By Raw Material (Rubber, Glass, Metals, Plastic, Others), By End User (Hospitals, Home Healthcare, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024
Code : CMI6956
Pages :152
Formats :
Excel and PDF
Industry : Medical Devices

Market Concentration and Competitive Landscape

Global Healthcare Consumables Market Concentration By Players

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Increasing Inorganic Growth Strategies by Key Market players

Increasing adoption of inorganic growth strategies such as acquisition, in order to expand its product portfolio in the market, is expected to drive the market growth over the forecast period. For instance, in March 2022, Convatec Inc., a global medical products and technology company, announced that it had completed the acquisition of Triad Life Sciences Inc., a biotechnology company, The Triad team, current portfolio and product pipeline will now transition to Convatec’s Advanced Wound Care (AWC) business and be known as Convatec Advanced Tissue Technologies. The acquisition supports Convatec’s FISBE strategy (Focus-Innovate-Simplify-Build-Execute) by strengthening Convatec’s AWC position in the U.S. (Focus) and securing access to a complementary and innovative technology platform (Innovation) that enhances advanced wound management and patient outcomes.

Key Players Insights