Uploaded on Jul 20, 2021
Hospital supplies are medical consumables and equipment that are used in hospitals and clinics for patient treatment, disinfection, transportation, and primary patient diagnosis. The rising geriatric population, increasing incidence of Hospital Acquired Infections (HAIs), an increasing number of hospitals, and the growing number of surgical procedures have all increased the hospital supplies market.
Hospital Supplies Market PPT
Hospital Supplies Market Hospital Supplies Market to 2027 - Global Analysis and Forecasts by Type (Syringes, Patient Examination Devices, Mobility Aids and Transportation Equipment, Operating Room Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies), and Geography Hospital Supplies Market Current and future Market Scenario The hospital supplies market was valued at US$ 37,938.54 million in 2017 and it is projected to reach US$ 101,008.7 million in 2027; it is expected to grow at a CAGR of 11.9% from 2018 to 2027. The market is estimated to grow with a CAGR of 11.9 % from 2020-2027. The report highlights the trends prevalent in the global hospital supplies market and the factors driving the market along with those that act as deterrents to its growth. Global hospital supplies market, based on the type was segmented into syringes, patient examination devices, mobility aids and transportation equipment, operating room equipment, sterilization and disinfectant equipment and disposable hospital supplies. In 2018, the disposable hospital supplies segment held the largest share of the market, by type. This segment is also expected to dominate the market in 2027 owing to high demand for hospital disposables and growing number of multispecialty hospitals. Key factors driving the market are increasing incidence of chronic diseases such as diabetes, growing government healthcare expenditure, rise in influence of hospital acquired infections, increasing number of surgical procedures performed and growing geriatric population. Key Findings The growth of the global hospital supplies market is attributed to the increasing incidence of chronic diseases such as diabetes, growing public private partnership in healthcare industry, rise in influence of hospital acquired infections, increasing number of surgical procedures performed and growing geriatric population. he syringes hospital supplies segment is anticipated to witness the significant growth rate of 12.7% during the forecast period owing to the factors such as rising prevalence of chronic diseases and infectious diseases that triggers increased utilization of medical test for diseases diagnosis, which further requires intravenous modes of injection using syringes. Market Insights Increasing Incidence of Hospital-Acquired Infections Hospital acquired infections affects the patients not only during their stay in the hospitals, but also post patient’s discharge from hospitals. The European Centre for Disease Prevention and Control reports an average prevalence of 7.1% in European countries. The Centre estimates that 4,131,000 patients are affected by approximately 4,544,100 episodes of health care-associated infection every year in Europe. Thus, the increasing prevalence of HAIs is expected to create a demand for medical disposable products promoting market growth across the world. Hemophilia Treatment Market Market Segments By Type (Syringes, Patient Examination Devices, Mobility Aids and Transportation Equipment, Operating Room Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies) Hospital Supplies Market Dominating Segments Hospital supplies are medical consumables and equipment that are used in hospitals and clinics for patient treatment, disinfection, transportation, and primary patient diagnosis. Medical products such as drapes, gloves, procedure trays, needles syringes, operating room tables, operating room lights, thermometers, wheel chairs, stethoscopes, stretchers and sterilization equipment. The rising geriatric population, increasing incidence of Hospital Acquired Infections (HAIs), increasing number of hospitals and the growing number of surgical procedures have all increased the hospital supplies market. The European Centre for Disease Prevention and Control reports an average prevalence of 7.1% in European countries. The Centre estimates that 4,131,000 patients are affected by approximately 4,544,100 episodes of health care-associated infection every year in Europe. Dominating Segments Product Insights Products Insights The disposable hospital supplies segment held largest share of the market. However, the syringes segment is estimated to register the highest CAGR during the forecast period. Hospital acquired infections affects the patients not only during their stay in the hospitals, but also post patient’s discharge from hospitals. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00003520/?Source=others-10389 Dominating Segments The report segments the global hospital supplies market as follows: Global Hospital Supplies Market – By Type Syringes Generalized Syringes Specialized Syringes Insulin Syringes Allergy Syringes Tuberculin Syringes Other Syringes Patient Examination Devices Mobility Aids and Transportation Equipment Operating Room Equipment Sterilization and Disinfectant Equipment Disposable Hospital Supplies Hospital Supplies Market Leading Players Company Profiles in Hemophilia Treatment Market are: 3M Healthcare B. Braun Melsungen AG BD Cardinal Health Terumo Medical Corporation Boston Scientific Group Nipro Medical Corporation Baxter Smiths Medical GE Healthcare REGIONAL FRAMEWORK REGIONAL FRAMEWORK Hospital Supplies Market Hospital Supplies Market Access Full Research Report at: https://www.theinsightpartners.com/reports/hospital-supplies-market?source=others-10389 Thank You! 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