Hospital Supplies Market 2019: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2024

(The Express Wire via Comtex)

Hospital Supplies Market share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Hospital Supplies Market “research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Hospital Supplies market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.

Following Companies Are Covered by Hospital Supplies Market

  • 3M Healthcare
  • B. Braun Melsungen AG
  • Baxter International
  • Becton Dickinson and Company
  • Boston Scientific Corporation
  • Cardinal Health
  • Medtronic
  • GE Healthcare
  • Johnson and Johnson
  • Thermo Fisher Scientific

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Market Overview:

  • The factors, such as increased incidences of communal diseases coupled with the growing public awareness about hospital-acquired infections are contributing to the overall growth of the hospital supplies market. The demand of the hospital supplies market is also on the rise in developing countries. Countries, such as Brazil and India are gradually increasing their hospital bed density figures when compared to the major countries, present globally. However, several countries face a high unmet need for hospital supplies, like sterilization and disinfectant equipment and patient examination devices, which restricts the growth of this market. Furthermore, it generates a high demand for hospital supplies in developing countries. A growing healthcare infrastructure and rising government initiatives to enhance and expand health care facilities are augmenting the demand for hospital supplies, which is expected to boost the market globally.

Scope of the Report:

  • Hospital supplies include every medical utility product that serves both the patient and medical professional with hospital infrastructure and enhance the network, transportation between hospitals. These include hospital equipment, patient aid, and mobility equipment, and sterilization disposable hospital supplies.

Why there is Need of Hospital Supplies Market Research?

  • To determine trades anticipation, consumption trend, and need of market.
  • To keep up competitiveness over applicants performing in the Hospital Supplies market.
  • To get detailed knowledge of the market which helps in terms of decision- making.
  • To advance insight into industrial, social, methodological, and legal aspects of the market.
  • To perceive the detailed market size derived by analyzing upward and downward moment of Hospital Supplies market trends.
  • To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.

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Key Market Trends:

Disposable Hospital Supplies Holds the Major Share in the Hospital Supplies Market

The disposable hospital supplies segment followed by syringes and needles contributes the largest share to the overall studied market. The disposable hospital supplies are one-time use products, such as consumables, medical apparatus, and disposable devices, which are consumed in large figures across all hospitals. These products, such as suction catheters, bandages and wraps, exam gowns, surgical sponges, face masks, hypodermic needles, gloves, needles, and others, are in continuous use to all hospital professionals in any domain from the cleaning to the surgical theaters, as well as administrative departments in some cases. Thus, the continuous growth has been observed in the adoption of these devices, owing to the rising concern of safety and cleanliness against hospital-acquired infections, as well as to maintain the hygiene across the hospitals.

North America Dominated the Overall Market and is Expected to Retain its Dominance

North America held the leading position in the market in 2015. The factors attributing to the high market share of North America were the consistent focus on the cost-effective and innovative procedures adopted in the United States, which has shown an increase in the hospital supplies market. In addition, a large expenditure from the GDP toward healthcare facilities in the United States and Canada drives the growth of the hospital supplies market in the North American region.

Asia-Pacific, on the other hand, is expected to exhibit the fastest growth rate over the forecast period. This can be attributed to factors, such as the increasing patient pool, rising hospital-acquired infections, and the growing focus toward safety measures in hospital operations across several high economic growth countries, such as India, China, South Korea, and other Southeast Asian countries.

Reasons to Purchase this Report

  • How the developing pattern towards maintainability goes about as a driver to the worldwide Hospital Supplies market situation?
  • Analyzing different points of view of the market with the assistance of Porter's five powers investigation
  • Which solutions and end-user vertical is predictable to overlook the Hospital Supplies market?
  • Which regions are relied upon to observe the fastest development during the prediction period?
  • Identify the most recent advancements, market shares and strategies utilized by the significant market players.

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Detailed TOC of Hospital Supplies Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Incidences of Communal Diseases
4.2.2 Growing Public Awareness about Hospital Acquired Infections
4.2.3 High Demand for Hospital Supplies in Developing Countries
4.3 Market Restraints
4.3.1 Stringent Regulatory Framework
4.3.2 Emergence of Home Care Services
4.4 Porters Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Patient Examination Devices
5.1.2 Operating Room Equipment
5.1.3 Mobility Aids and Transportation Equipment
5.1.4 Sterilization and Disinfectant Equipment
5.1.5 Disposable Hospital Supplies
5.1.6 Syringes and Needles
5.1.7 Other Types
5.2 Geography
5.2.1 North America
5.2.1.1 US
5.2.1.2 Canada
5.2.1.3 Mexico
5.2.2 Europe
5.2.2.1 Germany
5.2.2.2 UK
5.2.2.3 France
5.2.2.4 Italy
5.2.2.5 Spain
5.2.2.6 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 Japan
5.2.3.3 India
5.2.3.4 Australia
5.2.3.5 South korea
5.2.3.6 Rest of Asia-Pacific
5.2.4 Middle East and Africa
5.2.4.1 GCC
5.2.4.2 South Africa
5.2.4.3 Rest of Middle East and Africa
5.2.5 South America
5.2.5.1 Brazil
5.2.5.2 Argentina
5.2.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 3M Healthcare
6.1.2 B. Braun Melsungen AG
6.1.3 Baxter International
6.1.4 Becton Dickinson and Company
6.1.5 Boston Scientific Corporation
6.1.6 Cardinal Health
6.1.7 Medtronic
6.1.8 GE Healthcare
6.1.9 Johnson and Johnson
6.1.10 Thermo Fisher Scientific

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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