The global hospital supplies market is anticipated to grow at a significant CAGR during the forecast period. The increasing prevalence of chronic diseases like cancer, diabetes, cardiovascular diseases, asthma, and many others will fuel the growth of the market. Emerging economies like India, China, and Brazil are increasing their bed capacity as compared to other countries all over the globe. With the increase in the number of hospitals, there is a high demand for hospital supplies like disinfectants, sterilization equipment, and several examination devices which is driving the growth of the global hospital supplies market during the forecast period.
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One of the largest shares in the hospital supplies is that of disposables such as syringes, face masks, gowns, hand gloves, and many others. There is always a risk of hospital-acquired infections; almost 90% of people are at the risk of acquiring nosocomial pneumonia while they’re admitted to the hospital. Some of the key global market players include Boston Scientific Corp., Stryker Corp., Abbott Laboratories Inc., Medtronic plc, Johnson & Johnson Services Inc., 3M Co., Abbott Laboratories Inc., B. Braun Melsungen AG, and Baxter International Inc., and others.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Product Type
- Competitive Landscape – Boston Scientific Corp., Stryker Corp., Abbott Laboratories Inc., Medtronic plc, Johnson & Johnson Services Inc. and many others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hospital Supplies Market by Segment
By Product Type
- Operating Room Equipments
- Sterilization and Disinfectant
- Syringes and Needles
- Examination Devices
- Transportation Equipment
- Others
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