Medical Health & Life Science Research News

Global hospital supplies market to expand at a CAGR of 10.13% according to new research report

Medical Market Research

" Global Hospital Supplies Market-Forecasts from 2017 to 2022" the Report Covers In-depth Analysis by Industrial Experts along with Competitive Analysis, Key Players, Regions, Size, Share, Factors Impacting on the Market and Future Forecast.

The global hospital supplies market is expected to witness a moderate growth rate during the forecast period. The global hospital supplies market is predicted to expand at a CAGR of 10.13% to reach US$65.195 billion in 2022, from US$40.252 billion in 2017.

Increasing aging population, and growing awareness regarding Hospital Acquired Infections (HAIs) among others are some of the key factors driving the market growth. Other additional factors include favorable government policies, aging population, a surge in incidences of communicable diseases, and an increase in the number of medical centers and hospitals.

The global hospital supplies market is facing several challenges with the growth being observed due to high demand for personalized medicine, a decline in private health insurance, stringent regulatory framework, and emergence of customized healthcare solutions.

Report: www.orbisresearch.com/contacts/request-sample/2092577

By Products            

The disposable supplies was the major market segment in hospital supplies market in 2017 and is predicted to grow at the fastest growth rate during the forecast period. The growth of disposable hospital supplies segment is driven by low cost, minimum maintenance requirements and growing awareness of HAIs across various developing countries.

By Geography

North America is forecasted the o be major market for hospital supplies followed by Europe during the forecast period due to well-developed healthcare sector in the region. Asia-Pacific is expected to grow at the highest growth rate due to increasing demand for hospital supplies from China, India, Japan and other countries in the region.

Shift from non-disposable to disposable supplies to boost market share in global market due to regular restocking of disposable supplies.

Competitive Insights

The major companies in global hospital supplies market are Kimberly-Clark Corporation, Advanced Sterilization Products Services Inc., Cardinal Health, Inc., 3M Health Care, Becton, and Dickinson and Company among others. Companies are increase their market penetration by expanding through merger and acquisitions and strategic partnerships.

companies are expanding product portfolios through product innovation and advancements for improving their global footprint and boost their market dominance.

Access Complete Hospital Supplies Market Report: orbisresearch.com/reports/index/gl…rom-2017-to-2022

Segmentation

In this report, the global hospital supplies Market is segmented by Product Type, and geographic regions:

By Product Type

  • Patient Examination Devices
  • Operating Room Equipment
  • Mobility Aids & Transportation Equipment
  • Sterilization & Disinfectant Equipment
  • Disposable Hospital Supplies

By Geographic Regions

  • North America
  • S.
  • Canada
  • Others
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Others
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Others

Report: www.orbisresearch.com/contacts/enquiry/2092577

Key questions answered by the report

  • What will be the global hospital supplies market size from 2017 to 2022?
  • How are the major drivers and restraints affecting the global hospital supplies market growth and the opportunities which exist for key vendors?
  • Which segment and region will drive or lead the market growth and why?
  • A comprehensive analysis of competitive landscape and key market participants’ behavior
  • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.

The Major Point Mentioned in Hospital Supplies Market Report are:

  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Market Dynamics
  5. Global Hospital Supplies Market Forecast by Type (US$ billion)
  6. Global Hospital Supplies Market Forecast by Application (US$ billion)
  7. Global Hospital Supplies Market Forecast by Geography (US$ billion)
  8. Competitive Intelligence
  9. Company Profiles

Report at: www.orbisresearch.com/contact/2092577

News From

Orbis Research - Rendering Conscientious ResearchOrbis Research
Category: Market Research Publishers and RetailersCompany about: Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have a vast database of reports from the leading publishers and authors across the gl obe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their need, and we produce the perfect requi ...
This email address is being protected from spambots. You need JavaScript enabled to view it.