For those not aware, the U.S. is by far the largest market when it comes to medical supplies. And this is not just the opinion of a few; it is a credible statement backed by more than a few well-regarded studies, one of which points to the valuation of the medical supply industry in the country to support such an assertion. This one study,in particular, came from IBISWorld, a trusted market research database firm that provides information and analysis relative to more than 700 industries across the globe, which revealed that the Medical Supplies Wholesaling industry in the U.S. has grown by an estimated 2.5% each year from 2016 to 2021. According to the same data, as of the writing of this article, the U.S. medical supplies wholesaling industry currently sits at $268 billion. We don’t see things slowing down any time soon.
Studies Show Purchasing Medical Supplies Online Is Trending
Along with considerable growth, the medical supplies industry as a whole has seen an uptick in online sales. Most would agree that these online sales are playing a part in driving the medical supplies market toward $300 billion by the end of 2021 or the first quarter of 2022. That said, there are many niches within the medical supplies industry, and the one that has grown exponentially in recent years is cardiology supplies and equipment. When you’re looking for cardiology supplies and equipment, you’ll want to shop at a leading purveyor of cardiology supplies and related equipment in Syracuse. You’ll want a company that offers the following:
- Blood pressure machines
- ECG simulator and prep supplies
- EKG carts, stands, and machines
- Electrodes
In addition to a company that offers the above equipment, you’ll want to work with one that’s an FDA-registered manufacturer of custom Holter monitors, which are devices that record the electrical activity of an individual’s heart continuously over 24 hours.
Bottom Line
All in all, whether we are discussing brick-and-mortar locations or medical supplies online, both represent big business in the U.S. and, arguably, the world over. And the enormous success of cardiology equipment suppliers only serves to bolster that argument.
