The global market for the Hospital Supplies is anticipated to develop at a compound annual growth rate (CAGR) of 11.8% throughout the course of the forecast, to reach USD 68.76 Billion 2027 by 2027.
The hospital supplies market across the globe is majorly driven by the rising awareness about hospital acquired infections (HAIs), increasing number of hospitals, growing incidences of communal diseases, rising number of elderly population and certain systems like frequent glove swapping plus double gloving during medical processes. Moreover, enhancing economic situation in the developing countries is another major aspect bolstering the progress of the hospital supplies market. On the other hand, commencement of stringent regulatory structures, home care services, improvement in personalized medication as well as dropping rates of private health insurance are some of the limitations hindering the growth of the market.
The hospital supplies industry has been segmented by different product type, further sub-segmented as patient examination devices, disposable hospital supplies, syringes & needles, sterilization & disinfectant equipment, mobility aids & transportation equipment as well as operating room equipment types. Amongst these, disposable hospital supplies has been leading the hospital supplies market, this is trailed by syringes & needle sub-segment.
Key company profile in the Global Hospital Supplies Market are GE Healthcare, Thermo Fischer Scientific Inc. B. Braun Melsungen AG, 3M Science, Molnlycke Health Care AB, Baxter, GE Healthcare Technologies, Invacare Corp, Hill-Rom Holdings, Inc., TZ Medical, Artificial Limbs and Appliances, Hansen Medical Inc., HDT Global Inc., Open Bionics, Ottobock, Ossur, ReWalk Robotics, Smith & Nephew, SynTouch Inc., The Shadow Robot Company, Touch Bionics.
Hospital supplies are essential provisions including certain basic instruments as well as consumables at all the healthcare centers across the world. These supplies comprise of mobility aids, disposable hospital supplies & transportation equipment, sterilization & disinfectant equipment and operating room equipment.
Additionally, surgical beds & other long-term care beds are now being intended to deliver effective quality care. Besides, technically advanced beds are the combination of patients' well-being and ease. Then again, there are several key establishments taking place while developing medical & surgical beds that focus on designing beds with multiple innovative technological structures. For example, Hill-Rom's medical surgical bed named Hill-Rom 1000, is especially designed with multiple controls as well as structures including bed exit monitoring arrangement, point-of-care nurse controls, assimilated gauge, one-button dining chair, SideCom nurse call, automatic battery back-up system and entertainment panels.
Key segments of the Hospital Supplies Market
By End User, 2022 to 2032 (USD Billion)
- Ambulatory Surgical Centres
- Clinics, Diagnostic Centres
- Long Term Care Centre
- Nursing Facilities
by Technology, 2022 to 2032 (USD Billion)
- MPC Prosthetics
- Myoelectric Prosthetics
Product Type, 2022 to 2032 (USD Billion)
- Surgical Gowns
- Disposable Gowns,
- Reusable Gowns
- Surgical Drapes
- Disposable Drapes
- Reusable Drapes
Region Overview, 2022 to 2032 (USD Billion)
- North America
- United States of America
- the Netherlands
- The United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America