MarketsandMarkets

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.

Advenica Named 'Emerging Leader' in Secure File Transfer by 360Quadrants

Delray Beach, Fla. – September 10, 2026 -- Advenica has been named an 'Emerging Leader' in the Secure File Transfer market by MarketsandMarkets' 360Quadrants platform, underscoring rising demand for high-assurance data exchange technology in defense and government sectors.

Advenica secured a 2 MSEK Finnish government order for malware protection

In November 2024, Advenica won a 2 MSEK (USD 0.18 million) order from a Finnish authority to deploy its File Security Screener for secure file import and malware protection. The solution combines Advenica's data diode technology with malware scanning to move files between segregated networks while preserving integrity and network separation.

SimpliTrain Named Pervasive Player in LMS Market, Adds Arabic LMS

Delray Beach, Fla. – September 08, 2026 -- SimpliTrain has been recognized as a Pervasive Player in the Learning Management System (LMS) market by MarketsandMarkets' 360Quadrants platform, as the company expands its AI, multilingual, and content-automation capabilities.

SimpliTrain launches Arabic-language LMS for Middle East markets

The company is expanding its global footprint with a new Arabic-language LMS offering RTL compatibility and localized learner interfaces, targeting organizations across the Middle East and other Arabic-speaking regions. The move is aimed at helping distributed teams deliver consistent training experiences across geographies.