Global Hospital Supplies Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Hospital Supplies Market Report by The Business Research Company covers hospital supplies market drivers and restraints, hospital supplies market size, major players, and the impact of COVID-19 on the hospital supplies 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.
The hospital supplies market is expected to benefit from the rise in precautionary measures being adopted to treat and control hospital acquired infections (HAIs). The global hospital supplies market is expected to grow from $40.61 billion in 2020 to $48.69 billion in 2021 at a compound annual growth rate (CAGR) of 19.9%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $67.78 billion in 2025 at a CAGR of 9%.
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Some hospital supplies market trends include injection manufacturers increasingly investing in painless injections and needle-free technology as a replacement to conventional injections for faster delivery of drugs, hormone treatments, insulin and vaccines. Painless injections include microneedle patches and laser-based devices to deliver drugs to a patient’s body. Microneedle patches are skin-patches equipped with tiny plastic needles that dissolve within a short period and deliver vaccine painlessly in the form of pressured stream of liquid.
Global hospital supplies market segments include:
1) By Type: Disposable Hospital Supplies, Sterilization Equipment And Disinfectants, Mobility Aids And Transportation Equipment, Operating Room Equipment.
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Others.
3) By Type of Expenditure: Public, Private.
4) By Product: Instruments/Equipment, Disposables
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, North America is the largest region in the global hospital supplies market, accounting for 38% of the market.
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The Hospital Supplies Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides hospital supplies market overviews, analyzes and forecasts market size, share, hospital supplies market players, hospital supplies market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The hospital supplies market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Hospital Supplies Global Market Report 2021: COVID-19 Implications And Growth to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: GE Healthcare, Medline Industries, Cardinal Health Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Hospital Supplies Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Hospital Supplies Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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