The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Asia-Pacific held the largest hospital supplies market share.

The global hospital supplies market is expected to grow from $54.79 billion in 2022 to $58.71 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The hospital supplies market is expected to grow to $74.2 billion in 2027 at a CAGR of 6.0%.

Major Driver In The Hospital Supplies Market ­– Rise In Precautionary Measures Being Adopted To Treat And Control Hospital-Acquired Infections
According to WHO data, 7 out of every 100 hospitalised patients in rich nations and 10 in poor countries will contract at least one healthcare-associated infection. This is projected to drive the market for hospital supplies throughout the forecast period.

View More On The Hospital Supplies Market Report 2023 – https://www.thebusinessresearchcompany.com/report/hospital-supplies-global-market-report

Key Hospital Supplies Market Segments
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, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables

Recent Hospital Supplies Market Trend – Developing Needle-Free Drug Delivery System
Injection makers are investing more in painless injections and needle-free technology to replace traditional injections for speedier medicine, hormone treatment, insulin, and vaccine administration. Microneedle patches and laser-based devices to deliver medications to a patient’s body are examples of painless injections. Microneedle patches are skin patches that include small plastic needles that disintegrate quickly and administer immunisations in the form of a pressurised stream of liquid. These gadgets are used to alleviate pain and control chronic conditions like diabetes. For example, MyLife Technologies received $4 million in November 2021 to further develop their needle-free drug delivery system.

Hospital Supplies Market Prominent Players
Major players in the hospital supplies market are Becton Dickinson, B. Braun Group, Steris, Baxter International Inc., Stryker Corporation, Cardinal Health, Inc., Hill-Rom, Inc., Terumo Corporation, Medtronic Inc., and 3M Company.

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The Hospital Supplies Global Market Report 2023  provides a comprehensive overview on the hospital supplies market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the hospital supplies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Items used for therapeutic or diagnostic reasons that are needed for patient care, such as bandages, catheters, or syringes, are examples of hospital supplies.

View More Related Reports –
Disposable Hospital Supplies Global Market Report 2023
Hospital Acquired Infections Testing Kits Global Market Report 2023
Hospitals And Outpatient Care Centers Global Market Report 2023

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