Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!

The hospital supplies market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!

Read More On The Hospital Supplies Market Report 2022 – https://www.thebusinessresearchcompany.com/report/hospital-supplies-global-market-report

The Hospital Supplies Market Size In 2022 And Forecast

The global hospital supplies market grew from $50.25 billion in 2021 to $54.52 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The hospital supplies market is expected to grow to $67.47 billion in 2026 at a CAGR of 5.5%.

The hospital supplies market consists of sales of hospital supplies and related services by entities (organizations, sole traders, and partnerships) that produce hospital supplies.

Request for A Free Sample Of The Global Hospital Supplies Market Report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=1973&type=smp

Rise In Precautionary Measures Being Adopted To Treat And Control HAIs Is Driving The Growth Of The Hospital Supplies Market

According to WHO data, Of every 100 hospitalized patients at any given time, 7 in developed and 10 in developing countries will acquire at least one healthcare-associated infection. This is expected to boost the demand for hospital supplies and drive the market during the forecast period.

Competitive Landscape And The Regional Analysis Of The Hospital Supplies Market

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.

Additionally, as per TBRC’s research – Asia Pacific was the largest region in the hospital supplies market in 2021 holding the largest market share.

The Hospital Supplies Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hospital supplies market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa., South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the hospital supplies market.

Investing In Painless Injections And Needle-Free Technology – A Key Trend In The Hospital Supplies Market

Injection manufacturers are increasingly investing in painless injections and needle-free technology as a replacement for 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 vaccines painlessly in the form of a pressured stream of liquid. These devices are utilized to avoid pain and manage chronic illnesses such as diabetes.

Hospital Supplies Market Segmentation By The Business Research Company

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

Here Are Some Reports Related To The Hospital Supplies Market –

Disposable Hospital Supplies Global Market Report 2022

Hospital Acquired Infections Testing Kits Global Market Report 2022

Hospitals And Outpatient Care Centers Global Market Report 2022

Get In Touch With Us – Call us at:

Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708

Check out our:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model