The Business Research Company’s hospital supplies global market report, covers the year-on-year growth of the global hospital supplies market historic and forecast growth. It also includes chapters on the hospital supplies market trends, geographical analysis, and competitive landscape.
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The hospital supplies market size is expected to reach $50 Billion by 2022, significantly growing at a CAGR of around 11% during the forecast period
Hospital Supplies Market Trends
The hospital supplies market consists of sales of hospital supplies and related services by entities (organizations, sole traders and partnerships) that produce hospital supplies. This industry includes establishments that produce disposable consumables such as glucose test strips, conventional syringes and others. It also includes establishments manufacturing sterilization equipment and disinfectants used in operation theatres during surgeries and mobility equipment such as wheelchairs, walkers and others to transport patients from one place to another.
Surgical beds and other long-term care beds are now being designed to deliver effective quality care. Technologically advanced beds are combining patients’ safety and comfort needs. Key establishments manufacturing medical and surgical beds are focusing on designing beds with multiple advanced technological features. For instance, Hill-Rom’s medical surgical bed, Hill-Rom 1000, is designed with multiple controls and features such as bed exit monitoring system, integrated scale, point-of-care nurse controls, one-button dining chair, automatic battery backup, SideCom nurse call and entertainment controls.
The global hospital supplies market is primarily driven by medical research, increase in hospital admissions and emerging markets.
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The global hospital supplies market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With economic growth, increase in market growth, favorable government legislations and increased healthcare spending, the global hospital supplies market is expected to increase in potential and scope. TBRC’s report also covers the hospital supplies drivers and restraints in the market.
The global hospital supplies market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global hospital supplies market report are Johnson & Johnson, Zimmer Biomet Holdings, Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen
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