According to the report Middle East and Africa Hospital supplies Market is projected to reach USD 2.78 billion by 2021, at a CAGR of 10.76% from 2016 to 2021.
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Materials used specifically to provide care for patients in the hospital are called hospital supplies. They range from furnaces to surgical dressings.
Hospital medical equipment and supplies consist of various devices, instruments and medical consumables that are used in hospitals and healthcare institutions.
New technological as well as innovative products that are being launched by top players in the market to help doctors and health care providers to better manage the hospitals and care for patients.
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With an extensive category of development and investment prospects for emerging players seeking to be a part of the medical device market, steady growth of the global hospital supplies market is expected.
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Middle East and Africa Hospital supplies Market: Drivers and Restraints
The growth of the Middle East and Africa Hospital Supplies Market is majorly driven by factors such as rising number of hospitals, huge population base and increase in aging population, increasing occurrences of inflammatory diseases, increasing awareness to prevent hospital acquired infections and methods such as frequent glove swapping and double gloving during procedures. 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.
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Latin America Hospital supplies Market: Segmentation
By Product Type
- Operating Room Equipment
- Sterilization & Disinfectant Equipment
- Syringes & Needles
- Patient Examination Devices
- Mobility Aids & Transportation Equipment
- Disposable Hospital Supplies
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Middle East and Africa Hospital supplies Market: Overview
Varied ranges of supplies are needed for healthcare providers to run a hospital and take care of patients without any issues. Hospitals are increasing in number with increasing number of diseases as well as population.
Increasing awareness of people regarding the health and diseases led to the increase of hospital visiting people and the need for more hospital supplies increased. Improving economic situation in developing countries and government funding in health care sector are the major factors driving the Hospital supplies market.
Increase in the number of emerging markets is also driving the market. Decrease in private health insurance and stringent regulations by governing bodies are the major restraining factors.
Middle East and Africa Hospital supplies Market: Region-wise Outlook
The market has been geographically segmented into Middle East and Africa. In terms of revenue, South Africa leads the market in this region.
Other significant markets for hospital Supplies in this region include Zimbabwe, Zambia, Tanzania and Nigeria.
Key Questions Answered
- What is the current and future Hospital supplies market outlook in Middle East and Africa? What trends are affecting the Middle East and African market?
- What is the competitive landscape and market share of major players in the Hospital supplies market in Middle East and Africa?
- What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
- What challenges are restraining the growth of the Hospital supplies market? How will emerging technologies answer these challenges?
- What are the unmet needs with the Hospital supplies currently on the market? How will emerging technologies fulfill these unmet needs?
Middle East and Africa Hospital supplies Market: Key Players
Some of the major players in 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.
Middle East and Africa Hospital supplies Market report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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