market_forecast

Global Medical Supplies Market to Hit $248 Billion by 2031

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Global Medical Supplies Market to Hit $248 Billion by 2031

Delray Beach, Fla. – September 11, 2026 -- The global medical supplies market is projected to grow from $194.76 billion in 2026 to $248.03 billion by 2031, a compound annual growth rate of 7.39%, according to new research from MarketsandMarkets.

Asia Pacific outpaces global growth rate as diagnostic demand accelerates

Asia Pacific is set to register the fastest regional CAGR at 10.2% through 2031, outstripping the global average as healthcare infrastructure expands across the region. By product type, infusion and injectable supplies will grow fastest at a 9.0% CAGR, while diagnostic supplies held the largest share in 2025 and are expected to post the quickest growth of any category over the forecast period, driven by rising chronic and infectious disease burdens and expanding preventive screening programs.

India Enterprise Telecom Market to Hit INR 954 Billion by FY2030

MUMBAI, India -- Aug. 31, 2026 -- India's enterprise telecom services market is on track to reach INR 954 billion by FY2030, according to Frost & Sullivan's India Enterprise Telecom Tracker released Aug. 31, 2026. The quarterly intelligence program covers fixed data, mobility, data center, fixed voice, and cloud communication services. Frost & Sullivan attributed the growth to cloud migration, AI workload adoption, and a shift toward integrated connectivity across cloud, data centers, and edge environments.