Medical Device Distribution Services Market Report 2025

The medical device distribution services market size has grown strongly in recent years. It will grow from $183.16 billion in 2024 to $197.33 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. Growth during the historic period can be attributed to the rising demand for healthcare services, increasing prevalence of chronic diseases, expansion of hospital infrastructure, growth in home healthcare, and greater awareness of medical devices.

The medical device distribution services market size is expected to see strong growth in the next few years. It will grow to $263.6 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. Growth in the forecast period can be attributed to the rising adoption of telehealth and remote monitoring, increasing investments in healthcare infrastructure, a growing aging population, expansion of medical device portfolios, and a heightened focus on improving supply chain efficiency. Key trends expected during this period include technological advancements in medical logistics, innovations in cold chain management, the development of digital tracking systems, integration of artificial intelligence, and progress in sustainable and eco-friendly distribution practices.

The increasing demand for home healthcare and remote monitoring is expected to drive the growth of the medical device distribution services market in the coming years. Home healthcare involves delivering medical care directly to patients in their homes, while remote monitoring enables continuous tracking of health conditions through digital technologies. This growing demand is largely driven by patients seeking more convenient and cost-effective care that supports ongoing health management and timely medical intervention from the comfort of their homes. Medical device distribution services play a crucial role by ensuring the timely delivery of essential medical equipment to patients' residences, thereby facilitating effective and uninterrupted care. For example, in August 2023, Vivalink, a U.S.-based digital healthcare company, reported that 81% of clinicians were using remote patient monitoring (RPM), a significant increase from just 20% in 2021 - representing a 305% rise. Moreover, 84% of current RPM users plan to increase their use of the technology in 2024. Thus, the growing preference for home healthcare and remote monitoring is fueling the expansion of the medical device distribution services market.

Leading companies in the medical device distribution services market are focusing on logistics innovations such as medtech-dedicated cross-docks to improve the transport of sensitive medical technologies. These specialized logistics facilities are designed to handle, consolidate, and transfer medical technology shipments with enhanced safety features, including temperature control and protocols tailored to the specific needs of medical devices. For instance, in May 2024, Kuehne + Nagel International AG, a Switzerland-based transport and logistics company, introduced a specialized road freight service across key European countries. This service supports the transport of high-value and sensitive medical technology devices by offering custom handling, centralized customer support, and white glove delivery options, even for groupage shipments. The service is engineered to meet the MedTech industry's high standards for safety and quality without requiring full GxP compliance, ensuring secure, efficient, and transparent logistics.

In June 2023, ASP Global LLC, a U.S.-based medical device distribution company, acquired Medicore Co. Ltd. for an undisclosed sum. This acquisition was aimed at expanding ASP Global's product offerings and strengthening its position in the lab and diagnostic markets. By incorporating Medicore’s specialized blood collection products, ASP Global seeks to enhance the value provided to hospitals and distribution partners. Medicore Co. Ltd. is a South Korea-based company involved in the development, manufacturing, and distribution of medical devices.

Major players in the medical device distribution services market are McKesson Corporation, AmerisourceBergen Corporation, Cencora Inc., Cardinal Health Inc., Henry Schein Inc., Owens & Minor Inc., B. Braun Melsungen AG, Nipro Corporation, Southmedic Inc., Master Medical Equipment LLC, Mercedes Scientific LLC, Asian Medical Inc., Contego Medical, Meditek Inc., Soquelec Limited, Stat Medical Inc., The Stevens Company Limited, Clock Medical Supply Inc., Merit Pharmaceutical Company Inc., and Multi-Medical Equipment & Supplies Inc.

North America was the largest region in the medical device distribution services market in 2024. The regions covered in medical device distribution services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the medical device distribution services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The medical device distribution services market includes revenues earned by entities through inventory management and warehousing, regulatory compliance and documentation, after-sales support and technical assistance, and cold chain logistics. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sudden escalation of U.S. tariffs and the consequent trade frictions in spring 2025 are severely impacting the healthcare sector, particularly in the supply of critical medical devices, diagnostic equipment, and pharmaceuticals. Hospitals and healthcare providers are facing higher costs for imported surgical instruments, imaging equipment, and consumables such as syringes and catheters, many of which have limited domestic alternatives. These increased costs are straining healthcare budgets, leading some providers to delay equipment upgrades or pass on expenses to patients. Additionally, tariffs on raw materials and components are disrupting the production of essential drugs and devices, causing supply chain bottlenecks. In response, the industry is diversifying sourcing strategies, boosting local manufacturing where possible, and advocating for tariff exemptions on life-saving medical products.

The medical device distribution services market research report is one of a series of new reports that provides medical device distribution services market statistics, including the medical device distribution services industry global market size, regional shares, competitors with the medical device distribution services market share, detailed medical device distribution services market segments, market trends, and opportunities, and any further data you may need to thrive in the medical device distribution services industry. This medical device distribution services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Medical device distribution services involve the sourcing, storage, and delivery of medical equipment and devices from manufacturers to healthcare providers such as hospitals, clinics, and pharmacies. These services are essential for ensuring the timely availability, proper handling, and regulatory compliance of medical products to support high-quality patient care.

The primary product categories within medical device distribution services include diagnostic devices, therapeutic devices, patient monitoring devices, home healthcare devices, and others. Diagnostic devices are instruments or tools used to identify, monitor, or diagnose medical conditions and diseases. Distribution channels encompass direct distribution, third-party logistics providers, distributors or wholesalers, and e-commerce or online medical marketplaces. These services are utilized across various end-use settings, including hospitals and clinics, diagnostic centers, ambulatory surgical centers, long-term care facilities, and homecare environments.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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