Hospital Supplies Market

Hospital Supplies Market is expected to grow at 4.6% CAGR during the forecast period and estimated to reach at USD 133 Billion by 2025.

Hospital supplies include various medical devices and consumables that are used in the healthcare facilities across the globe. Hospital supplies provide all the basics as well as complex need which is essential for treatment, transportation, the preliminary diagnosis of patient and sterilization. Hospital supplies include medical products such as gowns, medical gloves, operating room tables, operating room lights, needles syringes, thermometers, stethoscopes, stretchers, wheelchairs, sterilization equipment and syringes & needles.

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Rising incidence of chronic diseases, improving diagnosis rate and increasing treatment-seeking rate across the world are the major factors that are driving the growth of hospitals supplies market during the forecast period. Furthermore, a rise in the number of hospitals and the growing number of surgical procedures have boosted the demand for hospital supplies. In addition, the rising awareness about hospital-acquired infections (HAIs) stimulating adoption of hospital supplies such as needles and syringes, gloves, drapes, and gowns. Moreover, developing healthcare infrastructure and rising healthcare expenditure in emerging countries such as China, India, Brazil, etc. are fuelling demand for hospital supplies, which is expected to boost the market globally. Stringent Regulatory guidelines, growth in elder care services and low budget for the capital device in low-income countries are some of the factors which hinder the growth of the market.

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Various notable players operating in the market, include Becton Dickinson & Company, Johnson & Johnson, Covidien plc, Stryker, GE Healthcare, Cardinal Health Inc., Terumo Corporation, 3M, Baxter, Kimberly-Clark Corporation, Johnson & Johnson, Smith & Nephew and B. Braun Melsungen AG among others. Major players are focussing partnerships, collaborations and acquisition activities to expand their business across the globe.

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The global hospital supplies market has been segmented on the basis of product type and key geographies. Based on product type, the market comprises of disposables, mobility aids & transportation equipment, operating room equipment, patient examination devices, sterilization & disinfectant equipment and other. The research report “global hospital supplies market” provides in-depth analysis of global Hospital supplies market based on product type, and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global hospital supplies market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

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Key questions answered in this research report:

• • At what pace is hospital supplies market growing? What will be growth trend in future?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the hospital supplies market?
  • What are the various application areas and how they are poised to grow?

Market Segmentation

By Product Type

• Disposables
o Diagnostic Supplies
o Infusion Products
o Intubation & Ventilation Supplies
o Consumables
o Others

• Mobility Aids & Transportation Equipment

o Wheelchairs
o Walkers
o Others

• Operating Room Equipment

o Operating Room Lights
o Operating Room Tables

• Patient Examination Devices

o Stethoscope
o Thermometer
o Others

• Sterilization & Disinfectant Equipment
• Others

By Geography

• North America
As a part of customization
o By Product Type
o US
o Canada
o Mexico

• Europe
As a part of customization
o By product Type
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of customization
o By Product Type
o China
o Australia
o India
o Rest of APAC

• ROW
As a part of customization
o By product Type
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players
• Becton, Dickinson and Company
• Johnson & Johnson
• Covidien plc
• Stryker
• GE Healthcare
• Cardinal Health Inc.
• Thermo Fischer and Scientific
• Terumo Corporation
• 3M Health Care
• Baxter International Inc
• Kimberly-Clark Corporation,
• Smith & Nephew
• B. Braun Melsungen AG

*Other prominent players in the market which can be profiled as a part of customization:
• Mölnlycke Health Care AB.
• Boston Scientific Corporation
• Getinge AB
• Medline Industries, Inc