What Are Several of the Benefits of Medical Supplies Market?
The Global Medical Supplies Marketis projected to reach USD 163.5 billion by 2027 from USD 138.4 billion in 2022, at a CAGR of 3.4% during the forecast period. The market growth drivers are the increasing prevalence of chronic diseases worldwide and increasing investments into medical research. The growth rate of the market is restrained by the product recalls and stringent regulatory standards for the medical supplies approvals.
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