TheBusinessResearchCompany’s Hospital Supplies Market covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
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.
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The hospital supplies market expected to reach a value of nearly $42.52 billion by 2022, significantly growing at a CAGR of 7.4% during the forecast period. The growth in the Hospital Supplies market is due to medical research, increase in hospital admissions and emerging markets.
However, the market for hospital supplies is expected to face certain restraints from several factors such as Increasing Awareness of alternative therapies, increased competition and declining profits.
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The present study exhibits the trends and market dynamics of the Hospital Supplies market in major countries – USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world. The report also includes the study of the current issues with consumers and various future opportunities for the market.
The global hospital supplies market is further segmented based on type and geography.
By Type – The hospital supplies market is segmented into disposable hospital supplies, sterilization equipment and disinfectants, mobility aids and transportation equipment, operating room equipment among these segments, the disposable hospital supplies market accounts for the largest share in the global hospital supplies market.
By Geography – The global hospital supplies is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North America was the largest region in the global hospital supplies market.
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Some of the major players involved in the Hospital Supplies market are GE Healthcare, Medline Industries, Cardinal Health Inc, Hospital Supplies, Medical Equipment.
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This post was originally published on The Market Plan