Hospital Supplies Market, By Product, By End User, By Geography

Description

The Global Hospital Supplies Market is estimated to be valued at USD 31.50 Bn in 2024 and is expected to reach USD 52.65 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 31.50 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	7.60%	2031 Value Projection:	US$ 52.65 Bn

Figure. Hospital Supplies Market Share (%), By Region 2024

The global hospital supplies market is witnessing steady growth over the years driven by increasing healthcare expenditure worldwide and growing adoption of minimally invasive surgeries. Hospitals globally are procuring various medical supplies required for patient care on daily basis which includes surgical kits, syringes, bandages, and other consumables. The COVID-19 pandemic has further augmented the demand for several hospital supplies as healthcare systems ramped up their capacity to handle large influx of patients. Additionally, rise of super-specialty hospitals and growing geriatric population undergoing various medical treatments will continue to generate strong demand for diverse range of hospital supplies in the coming years.

Market Dynamics:

The key drivers propelling the growth of global hospital supplies market are increasing healthcare spending coupled with growing demand for better quality of care. Additionally, surge in surgical procedures performed annually along with rising prevalence of chronic diseases is further accelerating the sales of various hospital supplies. However, pricing pressure on medical devices companies and supply chain disruptions amid pandemic may hamper the market expansion. On the positive side, technological advancement in healthcare sector and development of smart hospitals present lucrative opportunities for healthcare product manufacturers. Moreover, growing medical tourism industry in developing nations will drive the need for high quality hospital infrastructure and related consumables.

Key Features of the Study:

This report provides in-depth analysis of the global hospital supplies market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global hospital supplies market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Johnson & Johnson, Baxter, Fresenius, Boston Scientific, Medtronic, BD, 3M, B. Braun, Abbott, Cardinal Health, Kimal, Medline, Vancive, Teleflex, Halyard Health, Weigao, and Ansell.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global hospital supplies market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hospital supplies market.

Detailed Segmentation-

By Product
- Patient Examination Devices
- Operating Room Equipments
- Mobility Aids and Transportation Equipments
- Sterilization and Disinfectant Equipments
- Blood Management & Diagnostic Supplies
- Disposable Hospital Supplies
- Surgical Procedure Kits & Trays
- Syringes and Needles
- Other Products
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centres
- Diagnostic Centres
- Long Term Care Centres
- Nursing Facilities
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- Medtronic plc
- Johnson & Johnson
- Becton, Dickinson and Company (BD)
- Thermo Fisher Scientific Inc.
- Cardinal Health, Inc.
- Smith & Nephew plc
- 3M Company
- Stryker Corporation
- Halyard Health, Inc.
- Narang Medical Limited
- GPC Medical Ltd.
- Owens & Minor, Inc.
- Henry Schein, Inc.
- Fresenius SE & Co. KGaA
- Medline Industries, Inc.
- C.R. Bard, Inc. (now part of BD)
- Molnlycke Health Care
- Otbliss Hospital Supplies Pvt. Ltd.

Product Code: CMI7244

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis

4. Global Hospital Supplies Market - Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 Impact on the Market

5. Global Hospital Supplies Market, By Product, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Patient Examination Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Operating Room Equipments
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Mobility Aids and Transportation Equipments
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Sterilization and Disinfectant Equipments
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Blood Management & Diagnostic Supplies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Disposable Hospital Supplies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Surgical Procedure Kits & Trays
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Syringes and Needles
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Other Products
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Hospital Supplies Market, By End User, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hospitals & Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Ambulatory Surgical Centres
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Diagnostic Centres
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Long Term Care Centres
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Nursing Facilities
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Hospital Supplies Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
  - Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2019 - 2031, (USD Bn)
  - North Africa
  - Central Africa
  - South Africa

8. Competitive Landscape

Company Profiles
- Medtronic plc
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Johnson & Johnson
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Becton, Dickinson and Company (BD)
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Thermo Fisher Scientific Inc.
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Cardinal Health, Inc.
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Smith & Nephew plc
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- 3M Company
- Stryker Corporation
- Halyard Health, Inc.
- Narang Medical Limited
- GPC Medical Ltd.
- Owens & Minor, Inc.
- Henry Schein, Inc.
- Fresenius SE & Co. KGaA
- Medline Industries, Inc.
- C.R. Bard, Inc. (now part of BD)
- Molnlycke Health Care
- Otbliss Hospital Supplies Pvt. Ltd.

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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