Middle East and Africa Hospital Supplies Market is estimated to reach $2.78 billion by 2021
The Middle East and Africa Hospital Supplies Market was worth $1.67 billion in 2016 and estimated to be growing at a CAGR of 10.76%, to reach $2.78 billion by 2021. Hospital medical equipment and supplies denote the various devices, instruments and medical consumables that are utilized in hospitals and healthcare institutions.
Top players in the hospital supplies market are launching technically innovative hospital supplies to help doctors better manage their patients.
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The growth of the Middle East and Africa 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.
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 Middle East and Africa 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%.
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.
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The major companies dominating the market in this region are Advanced Sterilization Products Services Inc., Dickinson and Company, Cardinal Health, Inc., Kimberly-Clark Corporation, Becton, 3M Health Care, and B. Braun Melsungen AG.
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