Medical Health & Life Science Research News

Latin America hospital supplies market explored in latest research

Latin America hospital supplies market explored in latest research

Hospital medical equipment and supplies denote the various devices, instruments and medical consumables that are utilized in hospitals and healthcare institutions.

- Advertising -

The Latin America Hospital Supplies Market was worth $1.95 billion in 2016 and estimated to be growing at a CAGR of 10.40%, to reach $3.19 billion by 2021. 

Top players in the hospital supplies market are launching technically innovative products to help doctors better manage their patients.

Full report at: www.marketdataforecast.com/market-…plies-market-718/

The growth of the Latin America Hospital Supplies Market is majorly driven by factors such as rising number of hospitals, aging population, increasing occurrences of communal diseases, and methods such as frequent glove swapping and double gloving during procedures.

- Advertising -

Improved economic situation of the developing countries in this region is another major factor boosting the growth of the market. However, advent of home care services, strict regulatory structure, and advance of personalized medicine are the major restraints hindering the growth of the market.

The Latin America Hospital Supplies Market is segmented on the basis of product type into Operating Room Equipment, Sterilization & Disinfectant Equipment, Syringes & Needles, Patient Examination Devices, Mobility Aids & Transportation Equipment, and Disposable Hospital Supplies. Disposable hospital supplies lead the market with a market share of 46% followed by syringes and needle segment with a market share of 23%.

Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil accounts for the major part of the Hospital Supplies market in this region followed by Argentina.

Other significant markets in this region are Uruguay, Paraguay, Colombia, Chile, and Bolivia.

Request sample: www.marketdataforecast.com/market-…18/request-sample

Some of the major companies dominating this market are Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG.

News From

Market Data Forecast - market research, business intelligence and consultingMarket Data Forecast
Category: Market Research Publishers and RetailersCompany profile: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...