The Health & Beauty segment in United States of America registered Market value of USD 757,543.30 Millions in 2024
The indicator recorded a historical growth (CAGR) of 6.41% between 2021 to 2024, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
Health Care Equipment & Supplies in the United States
The health care equipment & supplies market analyzes manufacturers of health care equipment, medical devices and supplies. The market profile covers disposable equipment and supplies such as syringes, catheters, electrodes, sutures, bandages, implantable prostheses, orthotics and prosthetics; otologic & technical aids such as hearing aids and wheelchairs; ophthalmic equipment such as eyeglasses, contact lenses and ophthalmoscopes; in-vitro diagnostics such as devices for clinical chemistry, microbiology, immunology and genetic tests; and other equipment such as imaging equipment and films and equipment for radiotherapy, dialysis, endoscopy, anesthetics, etc.
The US health care equipment & supplies market experienced healthy growth during the historic period with an exception in 2020.
The market is expected to recover over the forecast period and grow at a strong rate. The market was affected greatly in 2020 by the COVID-19 outbreak. The coronavirus pandemic had a negative impact on the consumption of the majority of products supplied by the market players. This is because those products were associated to surgical procedures or patients labeled as non-urgent, due to prioritizing coronavirus patients.
Category segmentation
Disposable equipment & supplies are the largest segments of the health care equipment & supplies market in the United States, accounting for the largest share of the market's total value.
The Other equipment segment accounts for the second-largest share of the market.
Geography segmentation
The United States accounts for the largest share of the global health care equipment & supplies market value.
Europe accounts for the second-largest share of the global market.
Who are the leading players?
Johnson & Johnson (J&J) is the largest provider of health care equipment & supplies in the US. . The company is based in Brunswick, New Jersey, the US and offers pharmaceuticals in the therapeutic areas of immunology, oncology, neuroscience, infectious diseases and vaccines, pulmonary hypertension, cardiovascular and metabolism.
Abbott Laboratories (Abbott) is the second-largest provider of health care equipment & supplies in the US. The company is based in Abbott Park, the US and offers diagnostic systems, neuromodulation devices, medical devices, pediatric and adult nutritional products and generic pharmaceuticals. Abbott sells its products under various brand names, including Similac, Oxepa, Alinity, Cell-Dyn, Heptral, Duspatal, FlexAbility, HeartMate and FreeStyle.
Medtronic PLC (Medtronic) is the third largest provider of health care equipment & supplies in US with a significant market capitalization. The company is based in Dublin, Ireland and manufactures, develops and markets medical devices and technologies to various customers worldwide.
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