Medical Consumables M&A Market
The medical consumables sector is a vital component of healthcare, underpinning diagnostics, treatment, and infection prevention. With a global market projected to grow from $422 billion in 2025 to $571 billion by 2035, at a CAGR of 3.2%, the sector is poised for steady expansion [1].
In the UK alone, the NHS spends approximately £8 billion annually on medical equipment and consumables [2].
Key Influences:
- Aging Population and Chronic Diseases: Is driving demand for medical consumables across multiple settings, such as hospitals, specialty clinics, and home healthcare.
- Technological Advancements: Innovations in single-use devices to reduce sterilisation costs, and custom procedure packs that provide a greater focus on infection control.
- Sustainability and ESG Concerns: With the NHS supply chain contributing 66% of its carbon emissions, there is a growing emphasis on sustainable solutions, including biodegradable materials, recyclable packaging, and energy-efficient manufacturing [3].
- Regulatory and Market Shifts: The abolition of NHS England and its integration into the Department of Health and Social Care by 2027 introduces both challenges and opportunities, including streamlined procurement processes and potential regional disparities.
Looking ahead, the government has also expressed its commitment to enhancing collaboration with suppliers in the medical consumables sector to drive economic growth through healthcare innovation.
Companies that showcase long-term value, cost-effectiveness, and improved patient outcomes may benefit from this shift towards value-based pricing and away from the lowest-cost options.
To learn more about the key M&A trends taking shape this year in the Medical Consumables space, read our latest paper.
If you would like to know more about the Medical Consumables M&A landscape after reading this paper, or have any other questions on the wider healthcare space, please do get in touch with Al-Munther Sultan. We would be delighted to discuss this report with you, including any implications these current and longer-term market themes may have on your business and overall shareholder objectives.
Sources:
[1] FMI Hospital Consumables Market Analysis – Growth, Demand & Forecast 2025-2035
[2] UK Parliament - NHS Supply Chain and efficiencies in procurement
[3] NHS England NHS England » Reducing the environmental impact of equipment, medicines and resources
