Skip navigation
Reports & Analysis Custom Research Research Subscriptions
Sign In / Create Account Cart
Sign In / Create Account Cart
  • Reports & Analysis
  • Custom Research
  • Research Subscriptions

Resources

  • Analyst Buzz
  • Press Releases
  • Blog
  • Resources & Downloads

The Freedonia Group

  • Contact
  • About
  • Our Staff
  • Help Center
  • Career Opportunities
Freedonia Market Research Press Releases US Demand for Medical Equipment & Supplies to Grow 3.9% Yearly in Nominal Terms to 2023

US Demand for Medical Equipment & Supplies to Grow 3.9% Yearly in Nominal Terms to 2023

by Corinne Gangloff

December 5, 2019

Cleveland, OH, December 5, 2019 — US demand for medical equipment and supplies is forecast to advance 3.9% yearly in nominal terms through 2023, according to Medical Equipment & Supplies: United States, a report recently released by Freedonia Focus Reports. Continued increases in medical services expenditures – driven in large part by the aging of the population and supported by gains in disposable personal income – will boost sales of associated equipment and supplies. New product introductions will help drive value growth, as providers and patients typically seek the latest treatment options. Faster gains will be limited by the use of pharmaceutical treatments and physical therapy to treat some ailments.

In real (inflation-adjusted) terms, demand for medical equipment and supplies is forecast to increase 3.4% per year through 2023, implying an inflation rate of less than 1.0%, continuing the trend of slow price growth. Producers will continue to face increased price pressures from medical service providers (e.g., hospitals) and payers (e.g., healthcare insurance companies) due to attempts to curb healthcare costs. Providers, who are facing more stringent reimbursement rates and various cost control efforts from payers (e.g., Medicare, Medicaid, private insurance), are in turn pressing manufacturers on prices. In addition, growing imports from countries with lower labor costs, such as Mexico and China, also help limit price gains.

These and other key insights are featured in Medical Equipment & Supplies: United States. This report forecasts to 2023 US demand and shipments for new medical equipment and supplies in nominal US dollars at the manufacturer level. In addition, total demand in real (inflation-adjusted) terms is forecast to 2023. Total demand and shipments are segmented by product in terms of:

  • surgical and medical instruments
  • surgical appliances and supplies
  • electromedical equipment
  • dental equipment and supplies
  • ophthalmic goods
  • irradiation equipment

To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2008 to 2018. In addition, the number of US firms, establishments, and employment are provided in annual series from 2008 to 2018.

Imports and exports from and to Puerto Rico are included in demand and trade data, as Puerto Rico often serves as a manufacturing base for medical equipment and supplies for the US market.

Re-exports of medical equipment and supplies are excluded from demand and trade figures.

Pharmaceuticals, contrast agents, and other consumables for in vivo diagnostic tests as well as in vitro diagnostic substances are excluded from the scope of this report. Pharmaceuticals are covered in Pharmaceuticals: United States. Also excluded is analytical laboratory equipment such as hematology instruments and blood bank process equipment; they are covered in Analytical Instruments: United States.

More information about the report is available at:

https://www.freedoniafocusreports.com/Medical-Equipment-Supplies-United-States-FF40018/?progid=91541

Have unique research needs?

Freedonia Custom Research listens intently to your needs and objectives. Then we work diligently to define and deliver a service to meet them.
Learn About Our Custom Research Services

Subscribe to Our Blog

Stay up to date with the latest information about new market research and news in areas relevant to your business from our analysts and team members.

Freedonia Focus Blog Subscription

Provide the following details to subscribe.

The Freedonia Group needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.
  • Contact
  • About
  • Help Center
  • Career Opportunities
  • Press Contact
  • User Agreement
  • Privacy Policy
  • Site Map

Additional Resources

  • Market Size Resources
  • Lawn & Garden Market Research
  • Roofing Market Research
  • Pet Products Market Research
  • Countertops Market Research
  • Power Tools Market Research
  • Publishing for the PreK-12 Market Research
  • Insulation Market Resaerch
  • Cabinets Market Research
  • Flooring Market Research
  • Pet Supplements Market Research
  • Agricultural Equipment Market Research
  • Open Access Publishing Market Research
  • Silicones Market Research
  • For Legal Inquiries, contact Cohen & Cohen
Copyright © 2025 The Freedonia Group, Inc. All rights reserved.